We are pleased to announce that Ron Holmes recently represented the Developer in the closing of the construction loan for a 54-story multi-family tower in the Austin, Texas CBD. Ron attended the ground breaking ceremony in Austin in March, 2022. When completed, this project will be Austin CBD’s tallest single-purpose, for-rent multi-housing high-rise. It’s slated …
JD Reed, assisted by Kevin Moran, won a jury verdict for $1.26 million on behalf of our Plaintiff client in a complex breach of contract case in the 160th District Court, Dallas County, Texas. Congratulations to JD and Kevin for this significant win and positive outcome for the client! Confronted with the threat of a …
by Ron Holmes – And the beat goes on. Everyone I talk to, whether in real estate or my eye doctor, is really, really busy. That’s a little hard to fathom given the shutdown, the mandates, the supply chain issues, what is becoming a serious dose of inflation and 10.5 million unfilled employment opportunities. With …
by Austin Gilleland – In response to the COVID-19 pandemic, the U.S. Federal Reserve (the “Fed”) slashed interest rates to stimulate a stifled economy. The near-zero interest rates have contributed to a booming housing market that will be a chief concern for the Fed through 2022 as it fights to curb inflation. Impending Rate Hikes …
by Ron Holmes and Austin Gilleland – You might be surprised to learn that Crowdfunding offers yet another avenue to raise equity for commercial real estate transactions. We think of Crowdfunding as something Millennials do to raise money for pet projects (think of GoFundMe). Not so. The Securities Act of 1933 permits an issuer to …
By: Taylor Bell – From executive orders to federal agency rules and Supreme Court decisions, the United States is in no short supply of popcorn-worthy drama regarding the enforceability of vaccine mandates. Right now, we know blanket vaccine mandates will fail, but targeted vaccine mandates to healthcare industries will likely prevail. A Brief Snapshot The …
by Ron Holmes and Riley Wilson – Recently, President Biden announced his COVID-19 Action Plan to combat the virus and its effects, one aspect of which directs the Occupational Safety and Health Administration (OSHA) to create a rule requiring employers with 100 or more employees to mandate COVID-19 vaccines or be subjected to weekly testing (the …
by Scott A. Meyer – The American Families Plan currently being considered by Congress has a dangerous new component that would require banks to significantly expand what they have to report to the IRS, including account balances and all transfers in and out of accounts. The purpose behind the proposed change is to provide more …
By Ron Holmes – 666 new Texas state laws will take effect on September 1, 2021. The Corona Virus Pandemic and the once in a century cold snap (Winter Storm Uri) brought some new laws to the State of Texas. I have selected a handful of those which you may find interesting. HOUSE BILL 1927 …
By Ron Holmes – For reasons I cannot explain, our real estate practice is on fire. During and for some time after the Pandemic, we continued to see steady activity in what I call “meat and potato” transactions (sales, acquisitions, and development in the under $30 million category) and, of course, strong activity in Lease/Financing …