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On February 21, 2024, the Pennsylvania Supreme Court (the "PA Supreme Court") issued its decision in Ursinus College v. Prevailing Wage Appeals Board. The Pa Supreme Court unanimously affirmed the Pennsylvania Commonwealth Court's decision that a construction project financed with tax-exempt bonds...
Josh Pasker will be speaking at The Authorities Webinar "ABC’s of Arbitrage - What to Remember in a Higher Rate Environment" on November 8, 2023. Why is this topic important? With a historically low interest rate environment over the last several years, issuers of tax-exempt bonds such as municipal...
Saul Ewing's Real Estate Practice hosted a full-day conference discussing hot topics in real estate today. We were joined by numerous industry experts from universities, national developers, lenders, professional sports teams, real estate services and investment firms, and energy advisory firms, who...
Saul Ewing LLP, a full-service law firm with attorneys in 16 offices, today announced that The Bond Buyer recognized the Firm’s Public Finance Practice on its Northeast Midyear Review lists of the Top Five Bond Counsel for 2022. The Firm earned a number one ranking in Delaware and a number four...
Developers Secure $83 Million Construction Loan For 25-Story Mixed-Use Project In Downtown Hollywood Attorneys Luis Flores and Michael Denberg of Saul Ewing represented the developer in closing the transaction. “We are proud to be part of a development team that is focused on bringing new life to...
BTI and Bridge Investment Nab $83M For Downtown Hollywood Rental BY JULIA ECHIKSON BTI Partners and Bridge Investment Group secured $83 million for a rental project on the site of the former Bread Building in Downtown Hollywood, Fla. — part of a $500 million mixed-use development — the developers...
On August 4th, the Pennsylvania Commonwealth Court (the “Court”) issued its decision in Ursinus College v. Prevailing Wage Appeals Board . The Court reversed a decision by the Prevailing Wage Appeals Board (the “Board”) in which the Board found that a construction project financed with tax-exempt...
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...
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...
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