This week, the Federal Reserve’s Federal Open Markets Committee (FOMC) decided that its target policy rate range would decrease by 50 basis points, resulting in a new target range for the Federal Funds Rate of 4.75 percent to...more
New York State’s LLC Transparency Act, that will come into effect December 21, 2024, complements the Federal Corporate Transparency Act by requiring New York limited liability companies and foreign limited liability companies...more
Days two and three of the CREFC Conference in Miami were active for the Ballard Spahr Team, with the highlight being our annual reception attended by more than 220 guests. In follow-up to our day one summary alert, we wanted...more
The Ballard Spahr Team was thrilled to be here in Miami at the CREFC Conference and we wanted to share some day one takeaways with our clients and friends....more
1/16/2024
/ Affordable Housing ,
Commercial Property Owners ,
Commercial Real Estate Market ,
Construction Loans ,
GSE ,
Lenders ,
Loans ,
Office Space ,
Real Estate Market ,
Rental Property ,
Restructuring
Summary -
Owners of office space have begun to unload their properties at heavily discounted prices—evidence that stakeholders believe the soft office-space market is here to stay. While local rules, zoning laws, and other...more
Summary -
A wave of distressed real estate and distressed loans is likely to materialize as borrowers and lenders alike seek a quicker exit from loan default situations or are interested in reducing their overall risk...more