Ron Holmes wrote an article last winter about High-Volatility Commercial Real Estate (“HVCRE”) loans, which gave an introduction and background to the concept. As a refresher, BASEL III regulatory capital rules went into effect on January 1, 2015, introducing the concept of HVCRE. These regulations require all loans meeting the HVCRE definition to be reported …
by Ron Holmes Effective December 1, 2016, the “Salary Level Test” for overtime exempt employees is increasing. For an employee to be exempt from the requirement of overtime pay, three tests have to be met: The employee must be paid a predetermined and fixed salary (a “Salary Basis Test”); The amount of salary paid must …
For several decades, estate planners have recommended the use of family limited partnerships (“Family Limited Partnership”) as a beneficial means of transferring wealth. Many of you have employed this planning device, and others have considered, but not acted upon, this opportunity. Just as an example, father and mother contribute $1 million of assets into a …
Holmes Firm PC hosted a table at the August 17, 2016 Capital Markets Summit sponsored by The Real Estate Council and Real Estate Deal Sheet, held at the Dallas Country Club. Ron Holmes, Jan Holmes, Brian Fisher and Clifton Beech represented the Firm, and were joined by Rob Stone (Duke, Inc.), Gordon Ip and Nathan …
by Ron Holmes Construction across all sectors is booming. Cranes are everywhere. But, as we all know from history, the music will stop and the lawsuits will follow. The Plaintiff’s attorneys in California have elevated to an art form the filing of construction defect lawsuits immediately prior to expiration to the statute of repose in …
By Ron Holmes Fortunately or unfortunately, I was a commercial real estate attorney during the last, great real estate bust (1987-1994). I had many successful clients, and knew of many more, who had amassed enormous wealth by hard work, ingenuity and adept risk taking in the real estate, only to see those fortunes disappear almost …
By D. Blake Wilson Restrictive covenants. To all those developers out there, these are probably all too familiar. They can be a great thing or a source of frustration and even litigation. A restrictive covenant may not say what you think it says. In a case recently litigated here in Texas, two property owners found …
By Brian A. Fisher Effective as of September 1, 2015, Section 5.019 was added to the Texas Property Code. Section 5.019 requires a seller of property (residential or commercial) that adjoins a lake, reservoir or other impoundment of water (a) constructed or maintained under Chapter 11 of the Texas Water Code (governing State water) and …
The DFW Retail Real Estate forum was a great event! The panel discussion was lively, with excitement about new trends in the Dallas / Fort Worth retail market. Shop Local! Pop-up Shops, eCommerce, Village Centers Retailers who deliver a local, plugged-in shopping experience are fueling some of the new retail real estate opportunities in the …
Get your tickets quickly before they’re gone! Biznow DFW Retail Forum June 15th at 7:30am Intercontinental Dallas 15201 Dallas Parkway, Addison TX 75001 Forum Topic: How the DFW Retail Sector is Staying Strong Ron Holmes is serving as Moderator of this prestigious panel, which includes Ray Washburn, Herb Weitzman, Robert Dozier, Gar Herring, Steven Levine …