Search

Building Boom in Miami’s Brickell Bucks National Bust BY MIKE SEEMUTH Edgardo Defortuna has millions of reasons to believe in Brickell, a bustling urban area just south of Downtown Miami. His company acquired 81 Brickell-area condominiums in a bulk purchase from Swire Properties in May, and by late...

The CFPB is now ready to directly regulate the purveyors of digital consumer marketing. The CFPB new rule clarifies when digital marketers and financial products sellers are subject to consumer protection regulations. Digital marketers that are "materially involved" in the development of content...

On August 4, 2022, the New Jersey Department of Environmental Protection (“NJDEP”) filed suit against Monsanto Co., Pharmacia LLC and Solutia, Inc., seeking to hold them liable for PCB contamination throughout New Jersey. ( Complaint). While the suit also addresses contamination at Monsanto’s...

Lisa Colon, Partner at Saul Ewing, will be on the faculty of a live 90-minute CLE webinar on Construction Defect Defenses: Loss Mitigation, Economic Waste, Right to Repair, Betterment Doctrine on August 3, 2022. This CLE course will advise construction counsel on the most common defenses to...

New Castle County has announced that the firm conducting its countywide reassessment is now out in the field and inspecting properties, including commercial, office, and other non-residential properties. The goal is to inspect every property in the County. Most of these inspections will simply be...

A Pool and Gym Won't Cut It: Developers Are Upping Their Game on Amenities to Stay Competitive in South Florida “We’ve never seen this influx of need for alcohol licensing," one hospitality attorney said.

New Jersey’s landmark Environmental Justice Law, N.J.S.A. 13:1D-157 (“EJ Law”), signed by Governor Murphy in September 2020, authorizes the NJDEP to deny or condition certain permits based on an assessment of a “facility’s” contribution to environmental and public health impacts in the State’s...

Forest Development, Royal Palm Companies Close $269M Build Loan for Mixed-Use in Lake Park By: Lisa McDuffie Boca Raton, FL-based Forest Development has engaged in a joint venture partnership with Royal Palm Companies for Nautilus 220, a mixed-use development comprised of 330 condominium residences...

A Delaware trial court, applying New Jersey and Delaware law, recently ruled that a general contractor, despite not being a party to either a loan agreement or loan commitment, could successfully recover damages from a construction lender. See BCD Assocs., LLC v. Crown Bank, No. CV N15C-11-062 EMD...

Forest Development Announces Joint Venture Partners And Closing Of $269 Million Construction Loan For 24-Story Nautilus 220 Luis Flores, Anthony Kang, and Rick Carroll of Saul Ewing LLP represented Forest Development in closing this transaction. “This transaction underlines the strength of Peter’s...

Forest Development and RPC Land $270M For Luxury Condo Near West Palm BY JULIA ECHIKSON Forest Development and Dan Kodsi’s Royal Palm Companies scored one of South Florida’s largest construction loans this year, $269 million, for a luxury condo project north of West Palm Beach, Fla. The waterfront...

$269 Million Construction Loan for South Florida Mixed-Use Project Is Among Largest of Its Kind “This transaction underlines the strength of Peter [Baytarian]’s vision and the importance of the Nautilus 220 project to the area,” said Anthony Kang, a partner with Saul Ewing.

Case: Bain v. Airoom, LLC, 2022 IL App (1st) 211001 A recent Illinois appellate decision warns that overbroad form arbitration agreements in construction contracts may be unenforceable.

PMG and Sentral Release Plans for Dual-Tower Multifamily Development in Brickell Saul Ewing attorneys Luis Flores and Sophia Rub represented the venture in closing the property acquisition. “This transaction speaks to the strength of the PMG-Sentral partnership in acquiring prime real estate in one...

This week, the stock market officially turned bear for the first time since March 2020, raising once again the possibility of a brewing recession. By Ashley Fahey – Editor, The National Observer: Real Estate Edition

Public construction in Pennsylvania and elsewhere continues to present substantial challenges to local governmental entities. While some projects have been deferred in the current health and economic climate, at some point, and we hope sooner rather than later, the normal course of public...