by CGS3 | Mar 24, 2020 | Commercial Leasing, Coronavirus, COVID-19, Trends
With the rapid spread of the novel coronavirus (COVID-19), retail owners and landlords are now being forced to consider new possible liabilities when it comes to their properties and their tenants – especially on the retail front, where tenants may be deemed...
by CGS3 | Feb 25, 2020 | Opportunity Zones, Tax, Trends
Among the recently released final Opportunity Zone regulations is a brand-new rule that gives qualified investors a second chance at deferring federal taxes, even when their Section 1031 exchange has failed in a given year. The complicated process mainly involves...
by CGS3 | Jan 21, 2020 | New Laws, Trends
The highly anticipated Assembly Bill 1482, which took effect January 1st, is touted to be the most significant policy change for housing in California in the last quarter century. But upon closer inspection, a myriad of exemptions and restrictions could limit how...
by CGS3 | Jan 9, 2020 | Commercial Leasing, Construction & Development, Trends
There are several options available for retail developers looking to revitalize sprawling shopping centers that no longer attract as many customers. But whether it is a minor facelift or a full reconstruction, chances are likely that there will be various legal...
by CGS3 | Dec 2, 2019 | Construction & Development, New Laws, Trends
A lesser-known consequence of California’s housing crisis is the estimated loss of $140 billion each year in potential earnings, in part due to a workforce shortage across various sectors. Last month, Gov. Gavin Newsom passed Senate Bill 330 (also known as the...
by CGS3 | Mar 6, 2019 | Financing, Tax, Trends
Continuing its regulations on Opportunity Zones, the IRS has issued new revisions to the Qualified Opportunity Fund that focus on penalties for investors who fail to meet the investment standards set forth in Form 8668. These new rules apply to both QOFs and...