News & Publications

As the country prepares to endure more political and financial volatility, commercial real estate executives cite rising interest rates and the end of the current growth cycle as their lead concerns for the industry this year, according to Seyfarth Shaw's 4th annual Real Estate Market Sentiment Survey. This focus on real estate fundamentals is best understood in the context of legislative gridlock and serious business threats, on the one hand, and new investment opportunities in opportunity [...]

Prior to beginning my career as a land use attorney, I mistakenly believed securing rezoning approval for the development of real estate ought to be fairly simple. However, after practicing land use law for 25 years in many counties across the Commonwealth, I have learned that obtaining rezoning approval for real estate development is anything but a simple task. In every other area of the law, the same rules or governing law applies in every [...]

In anticipation of the announcement of the $3.5 billion of New Markets Tax Credits (NMTC) allocation awards by the U.S. Department of the Treasury's Community Development Financial Institutions Fund next month, Stites & Harbison will conduct its fifth annual New Markets Tax Credits Workshop on Wednesday, February 13th. With a distinguished panel, the workshop will address: (i) the basic elements of the NMTC program; (ii) how best to position a project to receive a NMTC [...]