The Law of the Land in the Bay Area

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Recent Updates

Hotel Conversion Ordinance and Google’s $1 Billion Housing Pledge June 21, 2019

In 2008, the Board of Supervisors passed a law restricting conversions of large hotels (100+ keys) into condominiums.  Conversions were allowed with a Conditional Use approval if a corresponding number of new hotel rooms came online in the past year. If more units were proposed for conversion than had been constructed, a lottery would take […]

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Borrower’s Deficiency Protection Limited – Lenders May Pursue Claims for Sold Out Junior Loans May 28, 2019

This month, the California Supreme Court affirmed the Fourth District’s decision in Black Sky Capital, LLC v. Cobb (2017) 12 Cal.App.5th 887 (“Black Sky”), ruling that a creditor who holds two deed of trust on the same property may recover a deficiency judgment on a junior lien extinguished by a nonjudicial foreclosure sale on the […]

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