Eddie Prosser On Credit, Distress, And Discipline In Real Estate Lending (Video)

A California Court of Appeal has invalidated San Francisco's Empty Homes Tax, ruling that the Ellis Act—which protects property owners' right to exit the rental market—also shields them from being forced to enter it through vacancy taxation. This landmark decision raises critical questions about the viability of similar residential vacancy taxes that other California municipalities have enacted or are considering as housing policy tools.

Landlords of rent stabilized buildings in New York City have filed a lawsuit challenging the rent freeze passed by the Rent Guidelines Board, questioning the Board's independence and data integrity. With operating costs rising 31% over five years while the Board voted 7-1 for a freeze affecting 1 million apartments, the case raises critical questions about the balance between tenant protection and landlord viability.

The construction claims process is a complicated exercise where superior internal legal knowledge often rules the day and can help you to avoid protracted litigation.

Pryor Cashman's nationally-recognized Real Estate Group represented affiliates of Silverback Development and AEW Capital Management in connection with their acquisition and financing of the residential component of ...

In AIF Dartmouth, LLC v. Hanson, the Massachusetts Appeals Court considered claims arising from two residential summary-process actions.

Effective August 1, 2025, Massachusetts residential landlords and brokers can no longer mandate that residential tenants pay broker fees – rather, the cost must be borne solely by the party...

On December 5, 2024, the New York City Council approved with modifications the NYC Department of City Planning's (DCP) City of Yes for Housing Opportunity...

When it comes to holding real estate, especially investment properties or multiple properties across different states, many owners feel confused about what type of entity they should use.

For more than 50 years, courts have allowed local governments to use the power of eminent domain not just to clear slums or eliminate blight but also to facilitate pure economic development projects. But, in reaction to abuses of eminent domain, during the last eight years state courts from Illinois to Arizona, Oklahoma, and New Jersey have checked local governments by delivering restrictive rulings based on the "public use" requirement of eminent domain.

California's Department of Housing and Community Development has issued final Loan Portfolio Restructuring Guidelines that impose a 50 percent housing reinvestment fee on certain uses of extracted equity from affordable housing refinancings. While the fee can be avoided by allocating proceeds to six enumerated categories, developers and investors are questioning whether these rules strike the right balance between preserving affordability and enabling capital recycling.

Yesterday, the California Department of Financial Protection & Innovation announced that it had issued a desist and refrain order against Coinbase, Inc.

Does a member of a limited liability company owe a fiduciary duty to the company and the other members? Section 17704.09(a) of the California Corporations Code states that a member owes a duty of loyalty and a duty of care.

California lawmakers advance legislation to narrow CEQA exemptions for advanced manufacturing while cities across the state grapple with housing mandates and development regulations. From Coachella's permanent data center ban to Costa Mesa's housing element revisions, local governments are navigating the complex intersection of environmental review, state housing requirements, and community development pressures.

The Bureau of Land Management has authorized the Pearl Geothermal Development Project using a controversial 14-day expedited environmental review process, marking the first new geothermal power plant approved under emergency permitting procedures implemented in response to President Trump's national energy emergency declaration. While the project underwent multiple phases of review over several years before final approval, questions remain about whether future projects conceived after these Alternative Arra

Mechanic's liens pose significant challenges for property owners and developers in California construction projects, even when they have fulfilled their payment obligations. Understanding the strict procedural requirements, timing deadlines, and available remedies can help owners protect their projects from improper claims and efficiently resolve legitimate liens when they arise.

San Francisco's Board of Supervisors has approved sweeping housing reforms that dramatically reduce inclusionary affordable housing requirements and development impact fees. The legislation eliminates BMR obligations for projects under 25 units, slashes on-site requirements to 5% citywide, and cuts development impact fees by 67%, while a companion ballot measure seeks to expand the Affordable Housing Trust Fund to $125 million annually by 2036.

California's Department of Fish and Wildlife has issued comprehensive new guidance that dramatically expands protection requirements for four candidate bumble bee species under the California Endangered Species Act. The 2026 guidance introduces strict survey timelines, seasonal construction restrictions, and mandatory onsite biological monitoring that will significantly impact project planning and budgets across the state. Project developers now face narrow construction windows, 60-day advance survey submis

California advances legislation to convert agricultural land to solar use while facing federal challenges over offshore wind leases and implementing moratoriums on data centers. The state continues expanding its energy storage capacity and securing major deals for next-generation geothermal power as it pursues its 100% clean electricity goal by 2045.

Explore the latest developments and regulatory changes shaping the renewable energy sector. This update examines key policy shifts, market trends, and legal considerations affecting clean energy projects and investments. Stay informed about the evolving landscape of sustainable power generation and its implications for industry stakeholders.

Merger and acquisition agreements almost invariably include a promise by the seller to continue to operate the business in the "ordinary course". This promise is typically included to provide assurance...