The section 1031 industry holds a unique place in our economy.2 Section 1031 has become an important and frequently used provision of the Internal Revenue Code. As a provision of tax law, its application requires the use of tax-law analysis, which...
Real Estate Articles
Modern Real Estate Transactions 2025
Hear the real estate insights you can’t afford to miss at Modern Real Estate Transactions 2025, taking place on April 9-11, 2025 in Chicago, Illinois, in-person or via live webcast. Modern Real Estate Transactions 2025 is the premier CLE program...
A PACIFIC NORTHWEST VIEW OF OFFICE-TO-RESIDENTIAL CONVERSIONS
Oregon and Washington are not alone in their desperate need for 550,0001 and 1,100,000 new housing units2 within the next 20 years, respectively. The entire nation continues to struggle with a lack of housing supply.3 Meanwhile, many...
VALUING PROPERTIES IN TRANSITION
When real property subject to condemnation is within an area of urban renewal2 or is underutilized, understanding the potential for a highest and best use that differs from a property’s current use, as of the date of condemnation, is critical. This...
TRUST THE PROCESS: INTERIOR PROMISES FINAL RULE WILL STREAMLINE TRIBAL TRUST LAND ACQUISITIONS
The administrative process by which tribal nations obtain trust status for land to conduct off-reservation gaming or other activities has been criticized by some as cumbersome, lengthy, and overly burdensome.1 With recently implemented amendments...
PROVING THE VALUE OF UNIQUE OR SCARCE REAL PROPERTY ASSETS
This article will focus on how lawyers and appraisers can work together to tackle difficult appraisal problems that don’t lend themselves easily to a simple comparable sales approach or where such an approach requires larger adjustments than are...
HIGHEST AND BEST USE IN LAND VALUATION CASES
It is axiomatic that “you can’t get the value right if you get the highest and best use wrong.”1 There may be no more fundamental concept in the valuation of property under the Fifth Amendment’s just compensation clause than that fair market value...
BEHIND THE WALLS OF A DIGITAL PALACE: UNDERSTANDING, BUYING, OPERATING, AND FINANCING DATA CENTERS
There are people who believe that zombies will take over the world one day. Today, however, digital information rules the world. In the United States and many other industrialized nations, almost all non-verbal communications (as well as notes and...
STEWARDING AMERICA’S FEDERAL PUBLIC LANDS
“This land is your land, this land is my land.This land was made for you and me.”—Woody Guthrie INTRODUCTION The iconic Woody Guthrie Song “This Land Is Your Land” is a song celebrating the great diversity of landscapes which define the geography...