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
This month’s Alert updates recent housing legislation, including proposed amendments to the DC Tenant Opportunity to Purchase Act (TOPA), the launch of the DC RentRegistry portal, and updates to Montgomery County's rent...more
4/8/2025
/ Affordable Housing ,
FHFA ,
Housing Market ,
Landlords ,
Maryland ,
Multi-Family Housing ,
Property Owners ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Requirements ,
Rent Control ,
Tenants
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
Our recent Alert focused on the D.C. Housing in Downtown program, the Montgomery County Right of First Refusal legislation, rent control in Montgomery and Prince George’s Counties, the SCOTUS rent control challenge denial,...more
3/13/2024
/ BEPS ,
Housing Market ,
Landlords ,
Multi-Family Development ,
Rent ,
Rent Control ,
Rental Property ,
Residential Leases ,
Right of First Refusal ,
State and Local Government ,
Tenants
Our recent Alert included details and updates on new Montgomery County rent control regulations, an expanded right of first refusal (ROFR) process, and our related advocacy efforts....more
2/23/2024
/ Housing Market ,
Landlords ,
Multi-Family Development ,
Proposed Regulation ,
Regulatory Agenda ,
Rent ,
Rent Control ,
Rental Property ,
Right of First Refusal ,
SCOTUS ,
State and Local Government ,
Tax Abatement ,
Tenants
As noted in our prior Alert, the Montgomery County Department of Housing and Community Affairs (DHCA) published draft regulations on February 1 to implement the County’s new rent control law. By its terms, the rent control...more
If you have been following our recent Alerts, you are aware that the multifamily industry has been subject to a series of chilling legislative actions and proposals. Today’s Alert focuses on two very recent high-profile...more
On the multifamily front, 2024 is off to a fast start. Notwithstanding high interest rates and a challenging regulatory environment, multifamily transactions continue. As a follow-up to our most recent Alert, below are some...more
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
As a follow-up to our recent alert, here are some updates on regional and national legislative activity impacting real estate...more
11/13/2023
/ BEPS ,
Consumer Price Index ,
Housing Market ,
Landlords ,
LIHTC ,
Low Income Housing ,
Multi-Family Development ,
Rent ,
Rent Control ,
Rental Property ,
Residential Leases ,
Right of First Refusal ,
State and Local Government ,
Tax Credits ,
Tenants
Below is an update to our recent Multifamily Alerts. The July 18 Montgomery County work session may be of critical importance....more
7/10/2023
/ Critical Infrastructure Sectors ,
Economic Development ,
Housing Market ,
Landlords ,
Multi-Family Development ,
Recordation Taxes ,
Rent ,
Rent Control ,
Rental Property ,
Residential Leases ,
Tenants
The Howard County, Maryland, Council passed Bill 13-2020—the Affordable Housing Retention Act—last week. This legislation provides the County and the Howard County Housing Commission with the right to purchase rental housing...more