• 09.18.17

    Documentary Transfer Tax Triggered by CA Entity Sales

    The entity sale has long been a popular vehicle to indirectly transfer real property in California. However, the California Supreme Court recently changed the economics of such a transfer, deciding that such transfers can be subject to a county-imposed tax known as a “documentary transfer ...

  • 09.26.16

    Incumbency Bodes Well for the Real Estate Market

    The presidential election season can be a difficult time for the commercial real estate market. Uncertainty about the future financial and regulatory climate often leaves investors, developers and owners waiting on the sidelines for the outcome of the election. As the 2016 presidential election ...

  • 06.17.15

    As-Is Deals May Not Be So As-Is

    Owners of real property rely on "as-is" and "independent investigation" clauses in their real estate contracts and leases to shield them from litigation over mistaken or misinterpreted statements made in the course of negotiations. However, recent court decisions have called ...

  • 10.27.14

    A Boost In Funding CA's Infrastructure Projects

    California's local governments and developers received a potentially significant boost on September 29th with passage of Senate Bill 628 (44-31 Assembly; 21-13 Senate). SB 628 gives local governments the authority to establish Enhanced Infrastructure Financing Districts (EFIDs). Adding this new ...

  • 10.24.14

    The Multifamily Upcycle Still Has Legs

    The multifamily for-rent housing sector remains strong and is continuing to attract capital investment. With demand for apartments consistently increasing over the past few years, efforts to develop sufficient supply has lagged behind. This trend appears to be setting the stage for investments in ...

  • 06.13.14

    The Many Ways to do Public Private Partnerships

    As local governments face increasing budget pressure, and as tools such as tax increment financing face increasing political hostility, real estate developers should remember that there are many opportunities for private developers to partner with public agencies to finance and build projects. ...