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HTMLWhat is the Impact of Operating as a REIT?
David H. Godenswager; McDonald Hopkins LLC;
Legal Alert/Article
November 9, 2015, previously published on November 3, 2015
Recently, Forest City Enterprises, Inc. (“Forest City”) announced that their shareholders approved five measures required for the company’s planned conversion to a Real Estate Investment Trust (“REIT”). Shareholder approval sets the stage for Forest City to elect REIT...

 

HTMLCalifornia Court Upholds a Reduction of Attorneys’ Fees but Reverses a Reduction of Costs
Jill V. Cartwright; Ogletree, Deakins, Nash, Smoak & Stewart, P.C.;
Legal Alert/Article
November 5, 2015, previously published on October 30, 2015
In a recent, unpublished opinion Myres v. San Francisco Housing Authority, a California Court of Appeal reversed a trial court’s order reducing the amount of costs a plaintiff had claimed as a result of limited success at trial.

 

HTMLEfforts to Clarify “Waters of the United States” Halted by Nationwide Stay
Theodore J. Esborn; McDonald Hopkins LLC;
Legal Alert/Article
November 2, 2015, previously published on October 23, 2015
Efforts to clarify the definition of “Waters of the United States” by new rules promulgated by the United States EPA (USEPA) and Army Corps of Engineers (ACOE) were dealt a severe blow when United States Sixth Circuit Court of Appeals issued a nationwide stay on the enforcement of those...

 

HTMLThe Heavy Cost of Condominiums Failing to Follow their Governing Documents
Jeremy M. Colvin; McDonald Hopkins LLC;
Legal Alert/Article
November 2, 2015, previously published on August 3, 2015
Community associations such as homeowners and condominium associations are endowed with various powers under their by-laws, declarations, and Florida Statutes to compel compliance by the unit owners with their governing rules and regulations. However, the reverse is also true. Under Chapter 718 of...

 

HTMLSeller Beware! Selling Commercial Real Estate and the Hidden Phase I PSA Trap
Patrick A. Karbowski; McDonald Hopkins LLC;
Legal Alert/Article
November 2, 2015, previously published on October 12, 2015
I’m surprised when sellers of commercial real estate say they don’t care whether a potential buyer conducts a Phase I Environmental Assessment (“Phase I”) on their property as part of the buyer’s due diligence, or that they don’t want to “waste any...

 

HTMLIntermodal Industrial Properties are an Exciting Development and Investment Opportunity
David H. Gunning; McDonald Hopkins LLC;
Legal Alert/Article
November 2, 2015, previously published on October 16, 2015
An area of strong real estate investment has been the increasing popularity of intermodal industrial properties. Investors are now collecting premium rents for intermodal properties located near large container-stacking facilities.

 

HTMLUpdate on Mandatory Board Training for Montgomery County Community Association Board Members
Jason Eric Fisher; Lerch, Early & Brewer, Chartered;
Legal Alert/Article
October 29, 2015, previously published on October 8, 2015
Effective January 1, 2016, all Montgomery County community association board members elected after that date will be required to take basic training in community association management and law from the Montgomery County Commission on Common Ownership Communities (CCOC).

 

HTMLPotential Landmines for Restaurateurs: Location, Liquor & Loans
Rosemarie Salguero; Lerch Early Brewer Chartered;
Legal Alert/Article
October 22, 2015, previously published on ober 9, 2015
There is no better time to be a restaurateur in the Washington, DC metropolitan area. Millennials constantly seek inventive cuisine, whether served at one of the city’s fast-growing, fast-casual hot spots or at an award-winning destination restaurant. Up-and-coming neighborhoods present...

 

HTMLUpdate to Illinois Grace Period Notice Needed for Residential Foreclosures
Casey Hicks; Weltman, Weinberg & Reis Co., L.P.A.;
Legal Alert/Article
October 22, 2015, previously published on October 6, 2015
Illinois law requires a Grace Period Notice (GPN) be sent to the mortgagor(s) prior to commencing an action to foreclose a mortgage secured by residential real estate.1 The GPN must include the date the notice was mailed, be headed in bold 14-point type, "GRACE PERIOD NOTICE", and include...

 

HTMLCZMP 2016 Begins in Baltimore County
Dino C. La Fiandra; Pessin Katz Law, P.A.;
Legal Alert/Article
October 22, 2015, previously published on October 12, 2015
As this article goes to press, only a few days remain (October 13, 2015) to request a zoning change “online” in the Comprehensive Zoning Map Process (“CZMP”)(For the online application go to:...

 


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