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Articles Posted in Real Estate

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OSHA’s Guidance on the COVID-19 Pandemic

As part of Pillsbury’s around-the-clock coverage of how the coronavirus pandemic is impacting the construction and real estate industry, colleagues Tom Van Wyngarden and Stephanie Angkadjaja offer key takeaways on OSHA’s guidance specific to the COVID-19 pandemic in “Workplace Safety in the Midst of a Pandemic.”

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Will COVID-19 Permanently Shift the Balance between Work from Home and the Workplace?

On March 15, 2020, the Center for Disease Control and Prevention (CDC) issued formal guidance to combat the spread of the coronavirus by recommending against gatherings of 50 or more people for the next eight weeks (CDC guidance), which includes nearly every office building in America. Thus, began the most…

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Ten Key Issues Property Owners and Landlords Need to Consider in the Coronavirus Era

In “Real Estate Operations in the Coronavirus Era,” colleagues Rachel B. Horsch, Aimee P. Ghosh, Brian E. Finch and Amanda G. Halter highlight ten issues to assess risk and mitigate the COVID-19 outbreak for property owners and landlords.

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The New Year Brings New Tenant Protections in California

Effective as of January 1, 2020, the Tenant Protection Act of 2019, signed by Gov. Gavin Newsom in the fall of 2019, provides certain new protections for residential tenants in the State of California. In response to what the statute refers to as “the unique circumstances of the current housing…

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Rent Caps, Carveouts and “Just Cause” Evictions: Breaking Down the Tenant Protection Act of 2019

Gov. Gavin Newsom recently signed the Tenant Protection Act of 2019, legislation that caps annual rent increases in California for the next decade. Prior to the Tenant Protection Act, the only state-level protections against rent increases were price-gouging limits that apply only after natural disasters. (See Cal. Penal Code Section…

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Sustainability Puts Down Roots in Real Estate

Sustainability has evolved from a passing trend or niche preference into an undeniable, growing driver of the real estate market. This is particularly true as millennials comprise an increasing proportion of the workforce, home-buying population, and individuals influencing the future of real estate development in the United States. If anything…

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New Proposed Regulations Expand CFIUS Jurisdiction Regarding Real Estate

On September 17, 2019, the U.S. Department of Treasury issued two new proposed rules for the Committee on Foreign Investment in the United States (CFIUS) implementing the Foreign Investment Risk Review Modernization Act (FIRRMA). Of particular interest to readers of this blog was the second of the proposed rules, which…

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Securities Law and Qualified Opportunity Funds

Even as tax incentives provided by the opportunity zone program in 2017’s Tax Cuts and Jobs Act offer the possibility of significant tax benefits when investing gains in Qualified Opportunity Funds (QOFs), such funds must comply with a wide variety of significant federal and state securities laws and regulations. In…

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The FCC and Acceleration of Broadband Deployment in Multi-Tenant Buildings

The availability of broadband internet service in multiple tenant environments (MTE) is always a bit of a balancing act between promoting competitive access to tenants and preserving adequate incentives for the initial service providers to deploy, maintain, and upgrade infrastructure. In “FCC Seeks Comment on Accelerating Broadband Deployment in Multi-Tenant…

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With the Rise in Sea Levels, a Rise in “Soft” Coastal Resiliency Approaches

With estimates that sea levels could rise two to six feet over the next century, states are incorporating adaptation and coastal resiliency into their planning and permitting regimes. In “INSIGHT: States Shift From Seawalls to Living Shorelines,” colleagues Eric Moorman and Ashleigh Acevedo examine the different strategies being considered and…