The RMR Group’s Post

Interested in learning more about the LIHTC partnership agreements, the Year-15 Compliance Period, and questions relating to partnership exits? Listen to this insightful podcast produced by the Women's Affordable Housing Network (WAHN), featuring Winthrop shareholders Christina Rieck Loukas and Quin Seiler!

💼 Macfarlanes' Top Earner Receives £4M Amid Growing Success 🚀 Exciting news from the legal world! Top-30 firm Macfarlanes has demonstrated an incredible financial performance, culminating in their highest earner receiving over £4M last year. 🎉 The Holborn, London-based firm has reported an outstanding 25% increase in profits, totaling £176M before members' remuneration. It's impressive to see the firm's strategic mix of practices driving high demand, especially in an economically challenging environment. The strong performances, particularly from their transactional and financial services sectors, highlight Macfarlanes' robust market positioning. With litigation and investigations doubling in size over the past decade and hitting record levels, the firm's growth trajectory is truly remarkable. Ending the financial year with a whopping £104M in the bank, up from £89M, is a testament to their strategic financial management and operational efficiency. 🔍 #LegalRecruitment #LawFirms #FinancialSuccess

Business owners have so many decisions to make every day, so it’s only natural that some things can get forgotten about. Did you know that BPE Solicitors LLP’s Private Wealth team can advise owner-managed businesses on succession planning, as well as advising on the traditional estate planning essentials? Sam Thornton, Head of Private Wealth, shares his knowledge on what business owners should know when writing their will in this interesting article with Insider Media: https://lnkd.in/e3S8fdTp Sam and the Private Wealth team have extensive knowledge regarding every stage of the estate planning process, including steps specifically catered to help vulnerable clients. To find out more information about how Sam and the team can help you, please check out the Private Wealth section of our website. #EstatePlanning #WillsAndProbate #BusinessOwner

In this latest WAHNcast episode, technical experts Christina Rieck Loukas and Quin Seiler, shareholders at Winthrop & Weinstine, take a deep dive into the complexities of Year 15 issues in affordable housing. With decades of combined experience in construction and real estate litigation, Christina and Quin break down key red flags, legal strategies, and practical advice to help developers and partners navigate the Low-Income Housing Tax Credit (LIHTC) program.   What to Expect: - Spotting potential Year 15 disputes before they arise   - Drafting partnership agreements to avoid conflicts   - Managing investor exits and understanding purchase options   - Preparing early for smooth LIHTC compliance transitions     If you're a developer in affordable housing or real estate, this episode is packed with actionable insights to help you plan strategically and mitigate risks.     Tune in now: https://lnkd.in/dapcWcZm   #WAHNcast #AffordableHousing #LIHTC #RealEstate

Last week, the Federal Circuit released a precedential opinion in Sage Acquisitions LLC v. HUD.    Sage argued that its contracts with HUD for managing foreclosed properties should be considered requirements contracts, entitling it to damages after termination. However, the court affirmed that these were Indefinite Delivery Indefinite Quantity contracts, meaning HUD had no obligation beyond the minimum payments specified, which had already been fulfilled.    This ruling is significant in real estate law because it underscores the importance of carefully analyzing contract terms, particularly around exclusivity and minimum guarantees, when managing property portfolios. As real estate markets continue to shift, especially with the growth of government-managed programs like HUD’s Real Estate Owned disposition program, understanding contract flexibility is key to protecting your business interests.   For further details, you can read the full opinion below and check out this article: https://lnkd.in/g4vyg2Gi   #RealEstate #PropertyLaw #HUD #FederalCircuit

Many have asked me several times when will be our next series? A simple enquiry of this type means a lot to me and our marketing team. I always share my passion and views whenever some hot topics or public issues raise concerns to clients and public at large. Although the property market turns active after the Government’s policy on the abolition of the “spicy measures on stamp duty”, there are still lots of distressed assets in the market that are attractive to investors who should be mindful of pitfalls during the acquisition process. We will run this series into three sessions from April to June. For the first session In April, we will cover options available for companies to rescue the stressed situation and how to avoid or run away from the risk towards liquidation. For the second session in May, we will invite experienced liquidators and litigators to discuss about the process of liquidation and protection of rights of different stakeholders when companies are in liquidation. In our final session in June, we will focus on what investors need to be aware of when buying distressed assets and issues on transfer or distribution of assets post liquidation. Don't hesitate to register and come to our Chill Club to learn, enjoy, and chill with our speakers and guests. #distressed #specialassets #propertyexpert

Leah Tolton, K.C., FEA spoke with Canadian Family Offices to discuss her practice advising high-net-worth family businesses on governance, succession planning and M&A. With her Family Enterprise Advisor designation, she stresses the need for advisors to collaborate and address the complex issues these families face, treating the family, business and family office as an interconnected system. Read the article: https://okt.to/Tr2hwb #FamilyEnterprises #CorporateGovernance

CFP Group: The Real Estate Journey Lawyers should be a part of your Power Team #cfpgroup #realestateinvesting

Great, great real estate industry pod conversation hosted by Chris Powers with Michael Fishman and Michael Baum of Greenberg Traurig, LLP. Listen to the uncut version.

Impressive Performance, Macfarlanes Macfarlanes boasts the highest profit margin among the UK’s Top 50 firms, according to a new report by audit firm Evelyn Partners, as reported by Law.com. For the fiscal year 2022/23, Macfarlanes achieved an operating profit margin of 52%, surpassing Stewarts, Brodies, and Fieldfisher. A&O (pre-merger) secured the fifth spot with a 43% margin. On the lower end, BCLP struggled with a profit margin of just 15%, experiencing a 63% drop in profits last year. Clyde & Co reported a 19% margin for the year. #LawFirmSuccess #LegalIndustry #BusinessPerformance #LawFirmProfitability