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Commercial Property Owners Housing Market

Troutman Pepper Locke

Texas Senate Bill 840: A Game-Changer for Housing Development

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On May 28, Senate Bill 840 arrived on Texas Governor Greg Abbott’s desk after passing the Texas House and Texas Senate with bipartisan support. Authored by State Senator Bryan Hughes, the bill aims to increase the state’s...more

Polsinelli

Texas Multifamily Revolution: Governor Abbott Considers Texas Senate Bill That Could Transform Zoning for Mixed-Use Residential /...

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Introduction to Texas Senate Bill SB 840 - To combat the housing shortage in Texas, the Texas Senate introduced Bill C.S.S.B. 840 (SB 840 or the bill) in April 2025. The purpose of the bill is to streamline the conversion...more

Pullman & Comley - For What It May Be Worth

Connecticut Focuses on Streamlining/Incentivizing Commercial to Residential Building Conversions

As part of an ongoing effort to address the affordable housing shortage, the Connecticut General Assembly has passed Senate Bill No. 1444 which is designed to facilitate the conversion of certain buildings to residential use....more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (2/5/25) – The Effect of Trump’s Policies on the Housing Market, Property Value Loss in...

In our latest roundup, Southern California wildfires impact supply chain, higher material prices threaten future project demand, commercial real estate distress strains regional banks, and more!...more

BCLP

What’s New in the Updated NPPF?

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On 12 December 2024, the updated NPPF consulted on over the summer, came into immediate effect. The pro-development changes aim to increase housing delivery, support development generally and in particular key growth sectors...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (9/4/24) – DOJ Sues RealPage, Housing Sales Increase and U.S. Can’t Build Homes Fast...

In our latest roundup, environmental regulations tighten for commercial properties, Wells Fargo sells most of its commercial mortgage services business, first-time home buyers struggle with housing affordability, and more!...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (5/22/24) – Federal Infrastructure Money, Hotel Development Pipelines, and Lab Space...

In our latest roundup, Virginia’s governor signs two bills into law, $929 billion in outstanding commercial mortgages come due, banks prepare for delinquencies related to office space, and more!...more

Goodwin

Top NYC Developer Shares Three Keys to Successful Office Conversions

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The pandemic-driven rise in remote work has created a big opportunity for real estate developers to turn empty offices into apartments, condos, and other types of housing....more

Holland & Knight LLP

New Programs Designed to Assist Production of Housing in New York City

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The adopted 2024-2025 budget for New York state includes the enactment of two programs intended to assist the production of housing in New York City: the Affordable Neighborhoods for New Yorkers Program (ANNYP) to replace the...more

Morris, Manning & Martin, LLP

Coming Back Around on Adaptive Reuse

As MMM's construction group discussed back in August of 2023,  converting an office building into a multifamily residence is an intriguing concept but "not quite the silver bullet that will solve all the issues with both the...more

Pullman & Comley - For What It May Be Worth

Connecticut Bill Aims to Incentivize Commercial to Residential Building Conversions

National and local news has been replete with stories discussing the challenges and benefits of converting underutilized commercial properties such as office buildings into needed housing.  A recently introduced bill pending...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (1/24/24) – Long-Term Housing Issues in Hawaii, Underperforming REITs, and Growth in a...

In our latest roundup, commercial real estate’s relationship with technology, towns and cities across the country prevent dollar stores from opening, empty offices and other commercial buildings are reused for housing, and...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (10/11/23) – Millennials Struggle Finding Homes, Additional CHIPS Act Funding Available,...

In our latest roundup, EV charging stations become more prevalent at commercial locations, home ownership becomes more difficult for younger Americans, Macy’s announces plans to build additional stores within strip malls, and...more

ArentFox Schiff

Multifamily – A Real Financing Opportunity?

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Prior to 2022, multifamily operators acquired properties throughout the United States at record low interest rates, creating a unique buying opportunity for owners and investors....more

Davies Ward Phillips & Vineberg LLP

New GST Rebate for Purpose-Built Rental Property

As an incentive to builders to create more rental housing units, the federal government has announced the effective elimination of the goods and services tax (GST) payable on newly constructed rental housing, such as...more

K&L Gates LLP

Overriding Interest Summer 2023

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Welcome to the latest edition of Overriding Interest. Inside this issue: - New Joiners - Articles of Interest & Firm News - Events - Pro Bono Update - Case Reports ...more

Venable LLP

AB 2011 and SB 6 Take Effect in Effort to Boost Residential Development on Commercial Sites

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In 2022, the California Legislature passed The Affordable Housing and High Road Jobs Act of 2022, known as Assembly Bill (AB) 2011 and the Middle Class Housing Act of 2022, known as Senate Bill (SB) 6. The two pieces of...more

Brownstein Hyatt Farber Schreck

Alleviating Barriers to Housing Development in California

Gov. Gavin Newsom Signs Into Law New Efforts to Address the State’s Housing Crisis - On Sept. 28, 2022, California Gov. Gavin Newsom executed this year's housing legislation intended to address the state’s housing crisis....more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Round-Up (10/12/22) – the IIJA, Cybersecurity, and the Housing Market

This week’s round-up features how industries tangentially related to the housing market could be affected by its downturn, how the Biden Administration’s plans to invest IIJA funds, cybersecurity considerations for commercial...more

Allen Matkins

PropTech Update - April 2022

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U.S. construction tech firms brace for increased cyberattacks  Construction Dive – March 30 Cybersecurity experts caution against something far more foundational than ransomware attacks or private data thefts when it comes to...more

Allen Matkins

Strong Fundamentals Lead to Bullish Sentiment About Multi-Family Market

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The multi-family panels participating in the Winter 2022 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey predict interest rates will increase faster than inflation and anticipate drops in vacancy...more

Allen Matkins

Sustainable Development and Land Use Update - January 2021

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Despite limited success for housing bills in the 2020 legislative session, 2021 should present opportunities for developers - Bullet Allen Matkins – December 21 - During the 2020 legislative session, many housing...more

Sheppard Mullin Richter & Hampton LLP

Housing in California in 2020: A Look Ahead and a Lesson in Try, Try Again

Indisputably, 2019 was an important year for housing in California. As we noted in our prior blog post, Governor Newsom signed legislation creating statewide rent control, preventing discrimination against people paying rent...more

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