Real Estate Financing
Louisiana Historic Tax Credits: 2023 Legislative Update
During the 2023 regular session, the Louisiana legislature passed Act 426 making significant changes to Louisiana’s state historic tax credit law, La. R.S. 47:6019, that real estate developers will view … More»
Steeg Law: Recent Transactions and Cases
Steeg Law attorneys are known for being able to handle unique and difficult real estate issues for virtually any type of property and have been involved in precedent-setting business litigation … More»
Grant Opportunities for Small Businesses in New Orleans
The City of New Orleans Office of Economic Development has compiled a list of grant opportunities for small businesses that are being offered by both nonprofits and corporations. We have … More»
ICSC Panel on Retail Leasing, Finance and Small Business: Highlights
Following are the highlights from an expert panel on leasing, finance and small business presented by ICSC (formerly the International Council of Shopping Centers). Highlights from the Small Business Panelists Geoffrey … More»
Steeg Law: Recent Transactions and Cases
Steeg Law attorneys are known for being able to handle unique and difficult real estate issues for virtually any type of property and have been involved in precedent-setting business litigation … More»
Beware the Person Who Uses a Power of Attorney in Their Own Self Interest
A recent case, Richland State Bank v. Benny L. Depingre et al, is a cautionary tale for lenders and anyone else who relies on a power of attorney: powers of attorney … More»
2022 Emerging Trends in Real Estate
At the Urban Land Institute’s 2022 Emerging Trends in Real Estate Conference, presenters discussed recent trends in the real estate industry, impactful projects in Louisiana, and challenges and opportunities in … More»
Steeg Law: Recent Transactions and Cases
Steeg Law attorneys are known for being able to handle unique and difficult real estate issues for virtually any type of property and have been involved in precedent-setting business litigation … More»
2021 Real Estate Forecast Symposium Focuses on Pandemic Recovery and Climate
The 2021 Economic & Real Estate Symposium was recently held. The theme was “Rethinking Real Estate: Adapting to the Changing Dynamic in New Orleans and Louisiana,” and the presenters focused the … More»
Legal Issues In Real Estate During Covid-19: A Q&A With Robert Steeg
Covid-19 has brought business changes and legal challenges to the field of real estate. In a Q&A with the editor of the firm’s newsletter, Steeg Law Firm co-managing partner Robert … More»
2020 Louisiana Legislative Update: New Laws That Affect Your Business
The 2020 Louisiana Regular Legislative Session convened on March 9, 2020 and closed on June 1, 2020 after a long suspension due to the Coronavirus. Immediately after that, the Legislature … More»
Investors and Developers: Opportunity Zones and Co-Working Spaces
An article by Tom Acitelli that appeared in The New York Times on August 20, 2019, may be of interest to investors and developers. “How Opportunity Zones and Co-Working Spaces Joined … More»
Investors: Opportunity Zones Update
Last year, we published an article outlining the 2017 Opportunity Zone legislation that provides tax incentives to investors who want to reinvest unrealized capital gains on a tax-deferred basis by … More»
State and Local Incentives for Real Estate Projects
As we start to see indicators of slower growth, and in turn, a softer real estate market, it may become increasingly difficult for developers to demonstrate project viability to lenders … More»
Getting into the Zone: New Guidance on Opportunity Zones
When the Tax Cuts and Jobs Act was signed in late 2017, real estate developers and investors were thrilled to discover that it added new provisions to the Internal Revenue … More»
2019 U.S. News & World Report and Best Lawyers® Ranks Steeg Law as Metropolitan Tier 1 Real Estate Law Firm
The 2019 edition of U.S. News & World Report and Best Lawyers® has ranked Steeg Law Firm as a Metropolitan Tier 1 Law Firm in New Orleans for Real Estate … More»
Historic Tax Credits: The Benefits, Process and Economic Impact
To a real estate developer, Federal Historic Tax Credits (HTC) are analogous to the exceptional bread Casamento’s or Domilise’s uses for their oyster po-boys and roast beef sandwiches. It is … More»
Louisiana Dominates the Southeast in Historic Rehabilitation Tax Credit Projects
By Robert M. Steeg If you are tired of hearing about how Louisiana ranks at or near the bottom of various categories of social and financial programs, you will be … More»
Demystifying Tax Sales for Investors
By Robert M. Steeg For investors, depending upon your point of view, tax sales are a) a cheap way to acquire good real estate, b) a good way to get … More»
“What’s REALly Going On” in New Orleans Real Estate
Associate Zachary I. Rosenberg, an Associate with the transactional department, recently attended the Urban Land Institute’s 7th Annual “What’s ‘REAL’ly Going On” Conference at Purloo Restaurant in Central City, New … More»
New Laws That Impact Your Business: 2015 Louisiana Legislative Update
By Elise Henry The 2015 Louisiana Legislative Session, which began on April 13, 2015 and closed on June 11, 2015, resulted in the House filing 847 bills and the Senate … More»
Recent Transactions: Helping Our Clients Make Business Happen
Recent transactions Steeg Law attorneys have handled. How can we help you make business happen? Served as local counsel for the buyer of an apartment complex in New Orleans Acted … More»
Community-oriented Real Estate Development: A Complex But Growing Niche
The following article from NOLA.com, Times-Picayune, “How ReFresh Project, a post-Katrina milestone, built a healthy food hub, including Whole Foods,” highlights the complex but growing niche of community-oriented real estate … More»
Robert Steeg Weighs in on ULI Green Space Recommendations for Downtown Development District
The Downtown Development District (DDD) recently asked for input on green space from the Urban Land Institute Louisiana (ULI). In response, ULI met for two days in May to study … More»
Recent Transactions: Helping Our Clients Make Business Happen
Recent transactions Steeg Law attorneys have handled. How can we help you make business happen? Represented borrower in refinance of existing $18,000,000 loan secured by industrial facilities in Arizona and … More»
New Orleans “Food Deserts” Present Development Opportunities and Financing Options
By Robert M. Steeg Some developers are taking advantage of a unique opportunity in New Orleans to develop fresh-food retailers in “food deserts,” areas that have little or no options … More»
Recent Transactions: Helping Our Clients Make Business Happen
Recent transactions Steeg Law attorneys have handled. How can we help you make business happen? Successfully obtained dismissal of lawsuit against client in case seeking dissolution of entity holding title … More»
Historic and New Markets Tax Credits – The Basics
By Robert Steeg With an abundance of historic properties throughout the city and dilapidated properties and parcels of land in low-income neighborhoods ripe for rehabilitation, many developers in New Orleans … More»
Financing with Interest Rate Swap Agreements
By Lillian Eyrich Interest rate swap agreements are becoming more popular with lenders and borrowers. They are valuable to borrowers who want to make sure their interest rates do not … More»