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Real Estate
Supreme Court Broadens Ability To Vindicate Property Rights In Federal Court
On June 21st the U.S. Supreme Court issued its decision in Knick v. Scott Township, which materially expanded the ability of private property owners to go to federal court to defend their property rights. The Court overturned a 34-year old decision that required property owners to litigate “takings” claims in state court before they were allowed to sue in federal court. The Knick decision broadly expands projections of private property rights by allowing property owners to bring a takings claim directly in federal court.
The key to Knick is identifying the point in time when a property owner can sue over an alleged taking—(1) as soon as government action causes an alleged “taking” of property; or (2) later, only when it refuses to pay just compensation.
Welcome to New Attorney Ian K Douglas!
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.
Gammage & Burnham Secures Entitlement Approval for Greenwood Brewery Project on Roosevelt Row
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.
Opportunity Zones: New Guidance from the IRS
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 Ranked in Chambers USA 2019
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.
The firm earned rankings in two of its core areas:
Zoning/Land Use (Band 1) and Real Estate (Band 2*).
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