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Real Estate Development Vacant Properties Rental Property

Ballard Spahr LLP

Housing Industry Update 2025 - Mid-Year Report

Ballard Spahr LLP on

Across the United States, empty office buildings have become a common sight. According to Moody’s Analytics, office vacancies are at their highest since the 1990s. The COVID hangover has left us with an abundance of vacant or...more

Allen Matkins

Inflation and Rising Costs Won’t Slow Multifamily Momentum

Allen Matkins on

Vacancy rates across the state are showing improvement, particularly in San Francisco, which reflects California’s housing shortage. Demand also remains strong, and supply is growing, suggesting confidence in the sector...more

Herbert Smith Freehills Kramer

Hotel and Office Conversions — an Update

Since January 2021, multiple proposals were introduced in the New York State legislature to permit underutilized hotel and/or office buildings, many of which have become financially distressed due to the COVID-19 pandemic, to...more

Allen Matkins

City Not Required to Evaluate Impacts of Loss of Rental Units from Already-Vacant Building

Allen Matkins on

A lead agency was not required to evaluate the housing-related impacts of a proposed hotel in a vacant building that was formerly used for rental housing. Hollywoodians Encouraging Rental Opportunities v. City of Los Angeles,...more

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