CGS3 in the News
ATLANTA (February 6, 2019) – Crosbie Gliner Schiffman Southard & Swanson LLP (CGS3) – representing seller Vintage Capital Group (VCG), a Los Angeles-based real estate investment firm, has helped close the sale of Southlake Mall in Morrow, Georgia, to New York-based CityView Commercial LLC (CVC). The two-story, 100-acre shopping destination is located at 1000 Southlake Circle, just 14 miles south of downtown Atlanta, and boasts more than one million square feet of gross leasable space.read more
A growing sense of uncertainty in the commercial real estate market is driving up the demand for real-estate related litigation. Market participants say they are worried about the next economic downturn, which has led to a rise in litigation over capital disputes and land use rights. In a recent article with GlobeSt, CGS3 partner Greg Markow discussed the different factors contributing to this trend and how it’s affecting commercial real estate deals.
Read the full article on GlobeSt.com here or on Yahoo Finance here.
The emergence of the Opportunity Zone legislation earlier this year has sparked a mounting interest in the designated areas, which are designed to rejuvenate investment in economically distressed areas while providing significant tax incentives.read more
Earlier this summer, the IRS finalized its rules on partnership audits (which became effective January 1, 2018), and on September 23rd, Governor Brown signed SB 274 conforming California state law with the federal rules. As a consequence, many existing partnerships...read more
SAN DIEGO (October 2, 2018) – Crosbie Gliner Schiffman Southard & Swanson LLP (CGS3) – representing RAF Pacifica Group, a San Diego-based owner, operator and developer of high-quality commercial real estate – has closed a portion of the $170-million portfolio sale of 12 Class A industrial assets located throughout San Diego and Riverside Counties. The closing involved 11 of the 12 Class A industrial assets, with the final property closing upon completion of the construction of improvements. The buyer, a private investment company, was undisclosed.read more
SAN DIEGO (September 12, 2018) – Adding one of the region’s top real estate lawyers to its ranks, Crosbie Gliner Schiffman Southard & Swanson LLP (CGS3) has named long-time San Diego attorney Robert "Bob" J. Bell as its newest partner. With more than 40 years of...read more
SAN DIEGO (September 7, 2018) – Phillip Jelsma, a partner with Crosbie Gliner Schiffman Southard & Swanson LLP (CGS3), is featured in The Daily Transcript’s "50 Influential Leaders" for 2018, a special supplement which highlights San Diego County’s most...read more