Real Estate Law News and Insights

Imagine your firm is the construction manager on a multi-million-dollar project. At the end of the project you are five million dollars out-of-pocket. You have a stack of claims for additional and extended work which led to the overrun, payment for which will easily cover the shortfall. However, the owner...

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Highlights California Assembly Bill (AB) 2011 of 2022 provides a streamlined ministerial approval pathway, comparable to SB 35 of 2017, for qualifying multifamily projects on commercial zoned land that prevailing wages and meet specified affordable housing targets. The legislation provides two distinct options for eligibility: one where construction is paid...

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If approved by Governor Newsom, Assembly Bill (AB) 2011 would provide for "by right" streamlined ministerial (i.e., no CEQA) approval of qualifying mixed-income and affordable housing projects along commercial corridors in commercial zoning districts. This new law would be a game-changer for multi-family housing developers providing on-site affordable housing. The new law...

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