Insights on Real Estate

Due to “shelter-in-place” or “stay at home” orders that are in place in many jurisdictions throughout the country, government offices are generally closed to the public and public gatherings are limited.

Whether you hold an interest in an industrial, commercial, retail, residential asset class; whether you are an owner, buyer, seller, landlord and/or tenant, lender or borrower, property manager, or homeowner; and whether your real estate is business or personal, there is a need to address COVID-19’s immediate impact on real estate agreements.

Schiff Hardin LLP is pleased to announce that 88 attorneys have been named to the 2020 Leading Lawyers list.

Arent Fox recently advised Pacific Western Bank in connection with the financing of Storey Park, a premier mixed-use infill development in the dynamic NoMa neighborhood of Washington, DC.

As more states take steps to legalize cannabidiol (CBD) and marijuana, there are many outstanding questions for potential landlords of cannabis-related businesses.

The Financial Crimes Enforcement Network (FinCEN) reissued its Geographic Targeting Order (GTO) last week, which is effective from November 12, 2019 to May 9, 2020.

Twenty-five Arent Fox LLP practices have been recognized in the 2020 “Best Law Firms” rankings that are published annually by US News & World Report and Best Lawyers.

Arent Fox recently advised DSC Partners, a District of Columbia based investment group, in the acquisition and financing of 28 office and flex buildings for $149 million.

On September 24, the IRS issued Revenue Procedure 2019-38, clarifying rental real estate owners’ eligibility for the highly anticipated tax break under section 199A of the Internal Revenue Code.

If a landlord delivers a notice to vacate to a tenant due to lease violations or the expiration of the term, the tenant is legally required to vacate the premises. However, this does not always happen.

The Committee on Foreign Investment in the United States is an interagency federal body that screens inbound foreign investments for national security risks, and it is currently putting the finishing touches on its draft regulations to implement FIRRMA.

SB 330, the Housing Crisis Act of 2019, is making its way through the California Legislature, and will be heard by the Assembly Appropriations Committee on Wednesday, August 21, 2019. 

SAN FRANCISCO – Arent Fox LLP is pleased to announce that Best Lawyers has named Partner Richard L. Brand its “Lawyer of the Year” for his work advising sports industry clients on high-profile sports transactions and as a top lawyer in the country for his work advising on real estate agreements and

WASHINGTON — Fifty Arent Fox LLP attorneys have been rated as leaders in their profession by The Best Lawyers in America 2020.

Land Use Counsel Tim Tosta was recently quoted in the San Francisco Business Journal article, “San Bruno reels from councilman’s veto of huge housing project,” published on July 11, 2019.

Arent Fox LLP is pleased to announce the expansion of its nationally recognized Real Estate practice with the addition of real estate transactions partner Bryson M. Filbert.

The 2019 edition of Legal 500 US has rated 49 Arent Fox LLP attorneys as national leaders in their field. In addition, 15 of the firm’s practice areas were ranked among the best in the country.

On Tuesday, May 28, 2019, the DC City Council passed Mayor Bowser’s $15.5 billion FY2020 budget with a second unanimous vote on both the FY20 Local Budget Act and the FY20 Federal Portion Budget Request Act.

Schiff Hardin LLP is pleased to announce that three of the firm’s practice groups have been recognized for the fourth year in a row in The Legal 500 United States 2019 guide, which provides a nationwide analysis of law firms that provide cutting-edge and innovative advice.

Earlier this week, The University of Maryland Francis King Carey School of Law announced the election of seven new members to its Board of Visitors, including Arent Fox Real Estate Partner David M. Martin.

WASHINGTON, DC – Chambers USA: America’s Leading Lawyers for Business has recognized 31 Arent Fox LLP attorneys as leaders in their field.

There’s no debate that online shopping offers time saving and convenience, which has diminished the need for physical stores.

Arent Fox Land Use Partner Tim Tosta was quoted in the Law360 article, “Calif. Housing Industry Watching Gov.’s $750M Incentive Plan,” on the impact of Governor Gavin Newsom’s strategy to address California’s housing crisis.

The acquisition, valued at approximately $167 million, included 15 single-story office, flex and industrial properties in Chesapeake and Norfolk, Virginia and added more than 1.6 million square feet to the Mid-Atlantic portfolio of DSC Partners.

WASHINGTON, DC — Arent Fox LLP is pleased to announce that 11 partners have been rated as ‘Top Lawyers’ by Washingtonian magazine. The honorees are recognized as being among the Washington, DC-area’s “star legal talent.”