Law Office of Henry B. LaTorraca Civil Trial Attorney

December 2015 Archives

How interest rate increase may affect real estate

Commercial real estate investors and developers in California have probably heard about the Federal Reserve's decision to raise the interest rate. With the 25 basis point increase, the higher interest rate will likely have some effect on commercial real estate investments. Some investors worry that the higher interest rate could have a negative effect on commercial real estate investments because interest rates are sometimes tied to capitalization rates.

Potential for tightened regulations on commercial lending

Commercial real estate investors in California may want to learn about recent warnings issued by U.S. regulators. The regulators stated that they will be paying particular attention to commercial real estate lending in the country in this next year due to concerns about looser lending standards.

ZeniMax Media lawsuit against Oculus involves Mark Zuckerberg

Mark Zuckerberg, founder and CEO of Facebook, has become embroiled in an intellectual property lawsuit naming Oculus, a company purchased by Facebook for approximately $2 billion in March 2014. As the leader of the huge California company, Zuckerberg has been ordered to provide a deposition in the case because of his alleged intimate knowledge of the technology at Oculus at the time of its acquisition.

California laws dealing with unfair trade practices

California has several laws in place designed to protect consumers from unfair and deceptive business practices such as false advertising and odometer tampering. However, lawmakers in the state have not elected to adopt the Uniform Deceptive Trade Practices Act. This law has been adopted by several states to unify the rules dealing with deceptive trade practices and allow individuals who reside in different states to become plaintiffs in class action lawsuits.

Hospital construction on the rise

As of late 2015, pending hospital construction in California is valued at around $12 billion. Two hospital projects at the Lucile Packard Children's Hospital in Palo Alto and the Loma Linda University Medical Center are each valued at over $1 billion. Although hospital construction in California is notoriously expensive due to seismic regulations, many commercial real estate analysts say that the construction projects are part of a larger hospital construction boom that is going on all over the country.

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