As spring begins to give way to summer, legislative activity shows no signs of cooling off. Our May TOPA Alert generated many questions and comments and a further update on the pending TOPA reform legislation is included...more
6/13/2025
/ Affordable Housing ,
Apartments ,
BEPS ,
Condominiums ,
Critical Infrastructure Sectors ,
Housing Market ,
Landlords ,
Multi-Family Housing ,
Municipalities ,
Property Owners ,
Property Tax ,
Proposed Legislation ,
Real Estate Development ,
Regulatory Agenda ,
Rent Control ,
Rental Assistance Programs ,
Tenant Opportunity to Purchase (TOPA) ,
Tenants ,
Zoning Laws
As reported in our April 2025 Alert on March 3, 2025, DC Council Chairman Phil Mendelson introduced the Rebalancing Expectations for Neighbors, Tenants, and Landlords (RENTAL) Act (B26-0164), which includes proposed...more
With Election Day fast approaching, market indicators appear more promising, notwithstanding regulatory hurdles. As a follow-up to our most recent Alert, below are some updates on recent multifamily legislative and legal...more
On the multifamily front, transactions are picking up. The benefits of the interest rate cut by the Fed are offset somewhat by the increasingly complex legal and regulatory environment impacting multifamily properties,...more
10/1/2024
/ BEPS ,
Condominiums ,
Eviction ,
Housing Market ,
Landlords ,
Late Fees ,
Multi-Family Development ,
Rent ,
Rent Control ,
Rental Property ,
Tenants
Rent control continues to be headline news, with local legislation being enacted and national legislation being proposed. The rent control law in Prince George’s County was enacted yesterday and it appears that the rent...more
7/18/2024
/ Housing Market ,
Landlords ,
Local Ordinance ,
Multi-Family Development ,
New Regulations ,
Rent ,
Rent Control ,
Rental Property ,
Residential Leases ,
Right of First Refusal ,
State and Local Government ,
Tenants
Rent control laws continue to evolve in Montgomery and Prince George’s Counties. The rent control law enacted last year in Montgomery County will become effective once regulations are adopted. Our recent Alert discussed these...more
7/16/2024
/ Deed of Trust ,
Housing Market ,
Landlords ,
Leases ,
Proposed Regulation ,
Regulatory Agenda ,
Rent ,
Rent Control ,
Rental Property ,
Right of First Refusal ,
State and Local Government ,
Tenants
On Friday, June 14, 2024, the Montgomery County Department of Housing and Community Affairs (DHCA) delivered proposed regulations to the Montgomery County Council (Council) for review and consideration. The proposed...more
There have been a number of new regulatory developments since our prior Alert, including updates on Prince George’s County rent control, Montgomery County tenant protections, Montgomery County Right of First Refusal (ROFR)...more
4/8/2024
/ Construction Industry ,
Housing Market ,
Landlords ,
LIHTC ,
Multi-Family Development ,
Real Estate Development ,
Rent ,
Rent Control ,
Rental Property ,
Right of First Refusal ,
State and Local Government ,
Tax Abatement ,
Tenants
Happy Holidays to all. We are still hopeful that Santa brings everyone some relief from rent control and other multifamily restrictions (we heard that the new BEPS Regulations preclude Santa from leaving coal for legislators...more
1/3/2024
/ Comment Period ,
Condominiums ,
Federal Trade Commission (FTC) ,
Fees ,
Housing Market ,
Landlords ,
Multi-Family Development ,
Rent ,
Rent Control ,
Rent Stabilization Codes ,
Rental Property ,
Right of First Refusal ,
Tenants