News & Publications

The commercial lease agreement between The St. Luke’s Hospital Center, as landlord, and WestSide Radiology Associates, as tenant, prohibited WestSide from assigning the lease without St. Luke's prior written consent. The lease rider defined an assignment as a transfer of a “Controlling Interest,” meaning “more than a fifty percent (50%) interest in the [stock of the corporate tenant]” or “the ability to control the decisions or affairs of the [corporate tenant].” And the lease required [...]

A Statewide Rent Control Measure, New Procedural Protections, Significant Steps Forward for Accessory Dwelling Units, Surplus Land Amendments and Regional Funding Authorities Are Among the Highlights Highlights The biggest news out of Sacramento in housing law is a historic measure providing statewide rent control and "just cause" eviction requirements for California renters. For advocates of increased housing production, the most significant effort enacted into law is the "Housing Crisis Act," which creates important new vesting [...]

Highlights The Committee on Foreign Investment in the United States (CFIUS) recently published proposed rules governing the foreign acquisition and ownership of real estate, with far-reaching consequences for both real estate purchasers and would-be landlords to the federal government. Comments on the proposed regulations are due by Oct. 17, 2019, but it is expected that the proposed rule will likely be adopted as the final rule with minor alterations. This Holland & Knight alert addresses [...]