Gammage & Burnham is pleased to welcome Ian K. Douglas to our team of experienced attorneys! Ian’s practice is focused on real estate and commercial finance. Ian has broad experience practicing law in Arizona as well as in New Mexico, where he is also licensed. When asked what he was most looking forward to about joining G&B, Ian said: “I am excited to be working with the firm’s team of excellent lawyers”.
Ian represents school districts, home builders, developers and investors in all aspects of the acquisition and disposition of real property. He also represents regional and national landlords and tenants and he has represented international mining companies and utility companies in real estate matters.
Congratulations to Gammage & Burnham clients Greenwood Brewing and Made, LLC on the land use entitlement approvals for Greenwood Brewing Brewery & Taproom! We are happy to be part of helping Megan Greenwood, Greg Esser and Cindy Dach bring a unique combined microbrewery and art space to Roosevelt Row.
Gammage & Burnham partner Manjula Vaz and associate Mike Maerowitz recently secured approval of land use entitlements for Greenwood Brewing Brewery & Taproom coming to Roosevelt and 5th Street in downtown Phoenix. This new adaptive reuse project will serve locally brewed beer in a welcoming bar and beer garden environment at Roosevelt and 5th Street.
Posted by Chris Raddatz
The Internal Revenue Service (IRS) released its second batch of guidance late last month regarding “opportunity zones.” Opportunity Zones were created as part of the Tax Cuts and Jobs Act of 2017 to incentivize investment in designated, economically distressed communities. The 169 pages of proposed regulations provide additional guidance to investors, fund managers and others seeking to bring equity capital to operating and real estate businesses within the OZs.
While many investors and fund managers have been active in investing in the OZs, the lack of regulatory guidance has somewhat limited the activity, especially as to operating businesses (versus real estate investment).
Gammage & Burnham is pleased to announce that Chambers USA 2019: America’s Leading Lawyers for Business has ranked six of the firm’s attorneys and our largest practice group among the best in the U.S.
Chambers and Partners, which produces “Chambers USA,” is a client referral organization that researches and subjectively ranks attorneys and law firm practice groups nationwide. It ranks firms and lawyers who are considered leaders in their profession.
Bills Move to Restrict Sales of Municipal Properties, Lawsuits against Developers, and Vacation Rentals
Author: Camila Alarcon
With about sixty days into the legislative session, several bills impacting real estate and zoning have survived their first chamber. The following summarizes key bills in two areas: local control and vacation and short-term rentals. (Click on each bill name to see the full bill text.)
- SB1147, a bill that imposes new limits on the sale of municipal properties, passed the Senate on a 16-14 vote, and is now heading to the House. The bill provides that for a property with a value of at least $50,000, the municipality must hire an independent appraiser to determine the sale or lease value, and post public notices of the proposed sale or lease for four weeks in a weekly publication and on the municipality’s website.
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