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Local Ordinance Commercial Property Owners Property Tax

Ballard Spahr LLP

Seattle Passes Bill to Incentivize “Office-to-Residential” Conversions

Ballard Spahr LLP on

The Seattle City Council passed Council Bill 120937 on February 11, 2025, aimed to encourage developers and commercial property owners to convert underutilized commercial properties into residential housing. Set to take...more

Jones Day

California 2020 Ballot Initiatives Pose Risk of Major Changes to Commercial Real Estate

Jones Day on

The Situation: With the changes proposed to taxation of commercial real estate and residential rent control on the 2020 ballot, the real estate landscape may be changing in California. The Result: Propositions 15 and 21,...more

Foster Garvey PC

Short-Term Rental Update: Sonder now worth $1 billion after its latest funding round; commercial tax rate could quadruple...

Foster Garvey PC on

Sonder Reaches Unicorn Status - ("Airbnb competitor Sonder says after new funding round it’s now worth $1B," Real Deal - LA Real Estate News on Jul 11, 2019) Congratulations is well-deserved for Sonder, which just...more

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