January 2007 - Newsletter
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5. CLE: Recent Developments in Land Use Permitting - 2/2/07

 
6. Save the Date! Bridging the Great Divide: Integrating Real Estate and Estate Planning Practice

 
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Upcoming Meetings & Events

1. Real Estate Finance Committee

Click here to RSVP for this event
                            
Tuesday, January 9, 2007
12:00 p.m
Boston Bar Association


Real Estate Finance Market Update
 
Jay Donaldson and Michael Surprenant of Potomac Realty Capital will provide a snapshot of what lenders are doing in today’s real estate lending market.  Potomac Realty Capital is a specialty real estate finance company focused on structured financial solutions and permanent real estate loans for all commercial property types.


2. Real Estate Legislation Committee

Click here for more information and to RSVP

Wednesday, January 17, 2007
12:00 p.m.
Boston Bar Association

New Public Policy Initiatives Regarding Housing

The Real Estate Public Policy Committee will introduce two new legislative initiatives at its January 17 meeting to discuss the pros and cons of pursuing BBA wide support of the bills.

One proposes amendments to Sections 5 and 6 of Chapter 183A.  These amendments would change 183A to state clearly the choices a declarant can make as to how percentage interests can be established and how common expenses can be allocated in mixed income housing where some units are sold at less than market prices subject to an affordable housing restriction. This legislation is intended to allow more equitable structuring of increasingly complex situations, free of legal uncertainty.

The other bill proposes a new structure of statutory housing covenants, on a statutory housing condition with a statutory housing power of sale, to create a legal baseline for housing restrictions in a manner analogous to the baseline established for mortgages in Chapter 183, Sections 17, 18 and 19 . This legislation would allow housing restrictions, which are now entirely contractual, to share a common core structure based in statutory provisions with whatever contractual provisions overlaying as the parties desire, as mortgages have for nearly a century.

Both of these proposals have the potential to flow into the Governor's announced priority for housing in Massachusetts. Each of these proposed bills is being filed by Citizens Housing and Planning Association, the long term leading advocate for affordable housing in Massachusetts

Join the discussion at the Commitee's January 17 meeting if you are interested in participating in the discussion

You can email Peter Farrow at pfarrow@peterbfarrow.com for copies of the proposed legislation.

 


3. Construction Law Committee

Click here to RSVP for this event

Tuesday, January 23, 2007
12:00 p.m.
Boston Bar Association

Kevin Creedon, VP and Regional Counsel of Fidelity National Title Insurance Company will discuss mechanics' lien law issues and present an update.


4. Real Estate Pro Bono Committee

Click here to RSVP for this event

Monday, January 29, 2007
12:30 p.m.
Boston Bar Association

Please join us for our monthy Real Estate Pro Bono Committee meeting.


5. CLE: Recent Developments in Land Use Permitting: 
Streamlined Permitting and Endangered Species Reform

Sponsored by: Environmental and Real Estate Sections

Friday, February 2, 2007
8:30 AM - 11:30 AM
Boston Bar Association

Permit streamlining legislation and the implementation of the endangered species regulations have had a profound impact on the development permitting process.  Attend this program to learn how the implementation of these changes will affect specific development projects.  This program is designed for land use attorneys and their developer and municipal clients.

Click here for more details or to register


6. Save the Date! Bridging the Great Divide: Integrating Real Estate and Estate Planning Practice

Thursday, April 26, 2007
4:00 p.m. – 7:00 p.m.
Boston Bar Association


For more information as it becomes available, please visit www.bostonbar.org/cle.


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