By Benjamin Miles The word on Wall Street is a recession is looming. After all, we are technically in a recession, given that in the last two consecutive quarters, the economy has contracted. With the unemployment rate at 3.7% and housing prices still near recent highs, many are reluctant to describe the current economy as a recession.… Keep Reading
By Dawson Sanders Real estate titles are one of the most important features of property law. When the United States adopted its current title system more than two centuries ago, it led to an economic boom that encouraged countries all over the world to adopt similar property schemes. But the United States has fallen behind.… Keep Reading
By Shantal Malmed It is no secret that California is one of the most expensive states to live in. The state boasts excellent weather, an expanding tech scene[1], and a melting pot of diverse cultures and ethnicities.[2] According to the Public Policy Institute of California (PPIC), from 2010 to 2020, “the state added 3.2 times… Keep Reading
by Shantal Malmed The COVID-19 pandemic initially caused a reduced cash flow making it difficult for landlords to make timely mortgage payments. As much of the workforce is now remote, tenant income has decreased, and the commercial and residential real estate markets have suffered. Landlords whose incomes stem from revenues produced by single residential properties,… Keep Reading
by Christina Mkrtchyan In an era of growing digitalization of markets, real estate is no exception. Since 2016, digitalizing real estate investments into tradeable tokens has revolutionized the industry by broadening market participation, automating middleman processes, increasing liquidity, and improving transparency. This article explores what tokenization is, how it works, its advantages and challenges, and… Keep Reading
The Business Law Digest was honored to have Tony Natsis, a name partner at the prestigious law firm Allen Matkins Leck Gamble Mallory & Natsis LLP, on our podcast series. In the interview, Tony provided insight into the current state of the commercial real estate market, spoke to his involvement in the largest real estate… Keep Reading
By Marquis Cardwell The COVID-19 pandemic has caused unprecedented economic and social consequences that have adversely affected how companies operate. Various stay-at-home orders implemented across the country forced companies to cease in-person operations while still being responsible for the obligations under their leases. According to a report conducted by Motus, approximately 11 billion square feet… Keep Reading
By Kevin Glaudin The Los Angeles Clippers have called the Staples Center home for 21 years. Beginning in 2021, construction of a new 18,000 seat arena in the Inglewood area will begin, which the team will call home in 2024. Following the Rams and the Chargers, the Clippers franchise is the newest California sports team… Keep Reading
By Paulina Knotts Introduction At alarming rates, America’s growing population, industrialization, and consumerism are depleting its finite land and natural resources, while simultaneously accelerating global warming.[1] [This acceleration is largely due to heightened greenhouse gas emissions, which inefficient and unplanned “sprawl” development has increased.[2] Sprawl is a modern “form of urbanization distinguished by leapfrog patterns… Keep Reading
By Vaheh Manoukian The mortgage interest deduction is one of the most prominent features of the Internal Revenue Code. After state taxes, it is the most common deduction Americans make.[1] The mortgage interest deduction allows homeowners with a mortgage to deduct the interest from the mortgage on their taxes, potentially saving them thousands of dollars.… Keep Reading