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Tag Archives: Government

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Virginia High Court Embraces a Narrow Interpretation of the Exceptions to VFOIA’s Definition of “Meeting”

CRE Worldwide Posted on June 15, 2023 by Ramin SeddiqJanuary 28, 2025

The Virginia Freedom of Information Act (“VFOIA”) requires that “[a]ll meetings of public bodies shall be open, except as provided in §§ 2.2-3707.01 and 2.2-3711.” Va. Code § 2.2-3707(A). The statute requires that public meetings be publicly noticed (Va. Code … Continue reading →

Posted in US CRE | Tagged FOIA, Government, Legal

New Maryland Law Increases the Threshold for IDOT Recordation Tax Deferral From $3,000,000 to $12,500,000

CRE Worldwide Posted on June 13, 2023 by Ramin SeddiqJune 13, 2023

According to a Liff, Walsh & Simmons publication, an Indemnity Deed of Trust (IDOT) is “a deed of trust granted by one or more of the guarantors of a loan who are pledging their real property as collateral, rather than … Continue reading →

Posted in Metro DC CRE | Tagged Government, Legal, Lending, RE Sales, Taxes

Argentina’s Central Bank Prohibits PSPs From Engaging in Cryptocurrency Transactions

CRE Worldwide Posted on May 9, 2023 by Ramin SeddiqMay 9, 2023

In a statement issued on May 4th, the Central Bank of Argentina (BCRA) prohibited payment service providers (PSPs) from carrying out or facilitating operations with cryptocurrency assets. According to the statement, the measure ordered by BCRA “seeks to mitigate the … Continue reading →

Posted in International CRE | Tagged Economy, Government, Latin America, Pricing, RE Sales, South America, Technology

Arlington, Virginia Adopts “Missing Middle” Zoning

CRE Worldwide Posted on March 27, 2023 by Ramin SeddiqMarch 27, 2023

On March 22, the Arlington County Board voted 5-0 to adopt a series of Zoning Ordinance and General Land Use Plan amendments related to its Missing Middle Housing Study (MMHS). According to the county, “missing middle” is a term that … Continue reading →

Posted in US CRE | Tagged Demographics, Development, Government, Housing Market, Land, Multi-family, Residential RE

Historic Building in England Ordered Rebuilt Using Original Material

CRE Worldwide Posted on March 19, 2023 by Ramin SeddiqMarch 19, 2023

A district judge in England has ordered Donelan Trading Ltd. to rebuild an 18th century pub building within 12 months and using the stones from the demolition rubble, according to The Washington Post. A trial last year at Burnley Magistrates’ … Continue reading →

Posted in International CRE | Tagged Construction, Development, Government, Legal, Retail, UK

An Adequate and Lawful VFOIA Search

CRE Worldwide Posted on March 7, 2023 by Ramin SeddiqJanuary 28, 2025

The Virginia Freedom of Information Act (“VFOIA”) proclaims that “[t]he affairs of government are not intended to be conducted in an atmosphere of secrecy since at all times the public is to be the beneficiary of any action taken at … Continue reading →

Posted in US CRE | Tagged FOIA, Government, Investments, Legal

The Town and Country Planning Act of 1947 and Its Impact on UK Housing Supply

CRE Worldwide Posted on February 28, 2023 by Ramin SeddiqFebruary 28, 2023

A new study by Watling and Breach finds that Britain’s housing shortage began at the beginning of the post-war period, not at its conclusion. England and Wales saw housebuilding rates drop by a third after the introduction of the Town … Continue reading →

Posted in International CRE | Tagged Demographics, Europe, Government, Housing Market, Legal, London, UK

CPTPP Membership Likely To Spur Additional Investment in Chilean CRE Market

CRE Worldwide Posted on February 17, 2023 by Ramin SeddiqFebruary 17, 2023

Signed on March 8, 2018 in Santiago de Chile, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a free trade agreement between Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore and Vietnam (the UK … Continue reading →

Posted in International CRE | Tagged Absorption, Development, Economy, Government, Industrial, Investments, Latin America, South America, UK

Is Land Value Taxation a Good Idea?

CRE Worldwide Posted on February 15, 2023 by Ramin SeddiqFebruary 16, 2023

A land value tax is a levy on the assessed value of land without regard to the value of any improvements located on the land. By contrast, in a single-rate property tax system, land and the improvements upon it, are … Continue reading →

Posted in US CRE | Tagged Development, Economy, Government, Investments, Land, Pricing, Taxes

Egypt’s Economy Is in the Doldrums

CRE Worldwide Posted on February 13, 2023 by Ramin SeddiqFebruary 13, 2023

Egypt’s annual urban consumer inflation rate rose to 21.3 percent in December 2022—the highest since the end of 2017, according to Asharq Al-Awsat (reporting data from CAPMAS). MEI reports that by the end of August 2022, international reserves had declined … Continue reading →

Posted in International CRE | Tagged Africa, Construction, Development, Economy, Government, Investments

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