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California commercial building owners must comply with new energy use disclosure rules commencing July 1, 2013

Sheppard Mullin Richter & Hampton LLP
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USA
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May 1 2013

The long-awaited energy use disclosure requirements, first enacted as AB 1103 (Saldana) in 2007 (codified as California Public Resources Code, 25402

New disability access law imposes notification requirements for commercial leases

Sheppard Mullin Richter & Hampton LLP
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USA
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April 22 2013

On July 1, 2013, pursuant to newly enacted California Civil Code Section 1938, owners of commercial real property must state

Considerations for international clients who intend to buy a home in the U.S.

Sheppard Mullin Richter & Hampton LLP
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USA
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April 22 2013

International buyers invested $82.5 billion in U.S. residential real estate (4.8 of total U.S. sales) according to the most recent survey conducted

Bill introduced to restore cities' ability to require affordable housing

Sheppard Mullin Richter & Hampton LLP
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USA
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April 1 2013

On February 22, California State Assembly Member Toni Atkins, D-San Diego, introduced a bill, AB 1229, to restore the ability of California cities

Lenders beware -- Fifth Circuit has lowered the bar for cramdown plan confirmation

Sheppard Mullin Richter & Hampton LLP
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USA
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March 29 2013

In a recent Fifth Circuit decision, Western Real Estate Equities, LLC v. Village at Camp Bowie I, L.P., No. 12-10271 (5th Cir. 2013), the court held

California Homeowner Bill of Rights: a new mortgage law for the new year

Sheppard Mullin Richter & Hampton LLP
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USA
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December 12 2012

The California Homeowner Bill of Rights (“HBR”) goes into effect on January 1, 2013

City may adopt housing element revisions inconsistent with general plan if city also adopts timeline to correct inconsistencies

Sheppard Mullin Richter & Hampton LLP
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USA
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November 28 2012

Recently, the Fourth District Court of Appeal in Friends of Aviara v. City of Carlsbad affirmed the trial court’s judgment directing the City of Carlsbad to adopt a timeline for proposed changes to its general plan that would correct inconsistencies created by the City’s revision of its housing element

Avoiding things that can make you go bust in the student housing boom

Sheppard Mullin Richter & Hampton LLP
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USA
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October 25 2012

While ground up development has dried up in many sectors, off-campus student housing is one commercial real estate sector where development is booming

Redevelopment: rising from the ashes or final death rattle?

Sheppard Mullin Richter & Hampton LLP
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USA
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October 2 2012

Two cases filed in Sacramento County, City of Cerritos v. State of California and Syncora Guarantee Inc. v. State of California, have challenged the constitutionality of AB 1X 26, the 2011 bill that provided for the elimination of redevelopment in California

Buyer beware: court decision highlighta importance of performing careful diligence

Sheppard Mullin Richter & Hampton LLP
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USA
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September 10 2012

In Princes Point LLC v. AKRF Engineering, P.C., No. 6018492008 (N.Y. Sup. Ct. Jul. 13, 2012), Judge Charles Edward Ramos granted a motion for summary judgment dismissing plaintiff’s claims of fraud, negligent misrepresentation, rescission and specific performance, relating to a real estate agreement and amendments thereto

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