Allen Matkins

California Judge Awards Monetary Damages to Investors Charles, Michael Schwab in Libel Suit

Retrieved on: 
Tuesday, February 27, 2024

A California judge has awarded $6 million in compensatory and punitive damages to father-son investor duo Charles and Michael Schwab in two high-profile libel suits after the man accused of smearing them through various media platforms failed to appear for multiple court hearings.

Key Points: 
  • A California judge has awarded $6 million in compensatory and punitive damages to father-son investor duo Charles and Michael Schwab in two high-profile libel suits after the man accused of smearing them through various media platforms failed to appear for multiple court hearings.
  • Records show Behunin paid a Huffington Post columnist $10,000 to write a column falsely accusing Michael Schwab of money laundering and misappropriating funds from a charity for personal profit.
  • The columnist later acknowledged in writing that the article contained factual errors regarding Michael Schwab.
  • Allen Matkins and the Law Offices of David H. Schwartz, Inc. represented the Schwab family and Big Sky Venture Capital.

Allen Matkins/UCLA Anderson Forecast California CRE Survey Finds Adaptive Reuse of Office Buildings is on the Rise

Retrieved on: 
Wednesday, February 7, 2024

As such, new development of office space continues to rapidly decline.

Key Points: 
  • As such, new development of office space continues to rapidly decline.
  • As corporate tenants evaluate their real estate needs, the office leasing process is becoming more complex.
  • Development activity remains strong, with 74% of Southern California panelists and 56% of Northern California respondents planning new projects in the next 12 months.
  • Although multifamily supply projections are very submarket specific, the overall demand for housing throughout California remains strong.

Allen Matkins Opens New York Office; Hires Real Estate Partners Marshall Brozost and Alykhan ‘Aly’ Shivji

Retrieved on: 
Tuesday, September 5, 2023

Renowned in the real estate world, Allen Matkins is a full-service firm with more than 225 lawyers in six offices, including 140 real estate transactional lawyers, making it one of the largest and most diversified real estate groups in the country.

Key Points: 
  • Renowned in the real estate world, Allen Matkins is a full-service firm with more than 225 lawyers in six offices, including 140 real estate transactional lawyers, making it one of the largest and most diversified real estate groups in the country.
  • The move will allow Allen Matkins to better support its global client base by leveraging its key strengths in the crossroads of real estate and capital markets.
  • Marshall Brozost and Alykhan (Aly) Shivji , former partners at McDermott Will & Emery, join the firm’s growing practice and presence in New York.
  • Aly adds “We are thrilled to help Allen Matkins expand into New York and attract top talent that will develop business opportunities for our clients.”
    Marshall and Aly are joined in the New York office by Allen Matkins Management Committee member and real estate partner Sandy Jacobson, and long-time Allen Matkins real estate partner and former Los Angeles real estate practice group leader, Neil Gluck.

Allen Matkins/UCLA Anderson Forecast California CRE Survey Confirms a Stalled Office Market, but Reveals Optimism in other Sectors

Retrieved on: 
Wednesday, August 2, 2023

LOS ANGELES, Aug. 2, 2023 /PRNewswire/ -- The 2023 Summer Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey ("The 2023 Summer Forecast" or "the Forecast") released today reveals that ongoing volatility in capital markets is creating new opportunities in commercial real estate. While sentiment on the office market turned decidedly negative compared to optimism in the sector a year prior, bright spots have emerged across the other market segments, with interest expressed in new development investments despite macroeconomic headwinds.

Key Points: 
  • Download the Summer 2023 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey, along with supporting materials, here.
  • According to the Forecast, 91% of Northern California panelists and 78% of Southern California panelists are planning new developments in the coming year.
  • Sentiment varies by market, with more optimism in Southern California compared to Northern California.
  • "Ongoing remote work has significantly impacted California central business districts, including downtown Los Angeles and San Francisco, causing office vacancies to spike," said Allen Matkins partner Alain R'bibo.

Allen Matkins Expands its Real Estate Investment Group with the Addition of Joint Venture Partner Elizabeth N. Thompson

Retrieved on: 
Tuesday, June 20, 2023

Allen Matkins , a full-service real estate and business law firm, announced today the addition of partner Elizabeth N. Thompson to its San Diego office, as a member of the firm’s nationally renowned Real Estate department and Joint Venture & Equity Investments practice group.

Key Points: 
  • Allen Matkins , a full-service real estate and business law firm, announced today the addition of partner Elizabeth N. Thompson to its San Diego office, as a member of the firm’s nationally renowned Real Estate department and Joint Venture & Equity Investments practice group.
  • She advises a broad range of clients on the negotiation and structuring of complex joint ventures in connection with the acquisition, disposition, and development of all asset types.
  • This press release features multimedia.
  • “Allen Matkins boasts an unmatched combination of real estate proficiency with sophisticated equity investment intellect, within which Elizabeth will play a key role,” says Allen Matkins partner Paul V. Obico , co-chair of the firm’s Joint Venture & Equity Investments Group.

Allen Matkins Welcomes Bankruptcy and Creditors’ Rights Partner Matthew G. Bouslog to its Orange County Office

Retrieved on: 
Monday, June 12, 2023

Allen Matkins , a full-service real estate and business law firm, announced today the addition of partner Matthew G. Bouslog to its Orange County office as a member of the firm's Restructuring, Insolvency & Bankruptcy practice group.

Key Points: 
  • Allen Matkins , a full-service real estate and business law firm, announced today the addition of partner Matthew G. Bouslog to its Orange County office as a member of the firm's Restructuring, Insolvency & Bankruptcy practice group.
  • Matt brings with him a unique blend of transactional and litigation experience in the distressed real estate and commercial assets space.
  • View the full release here: https://www.businesswire.com/news/home/20230612005113/en/
    Matthew G. Bouslog, Bankruptcy and Creditors’ Rights Partner at Allen Matkins (Photo: Business Wire)
    Matt represents debtors, creditors, and investors in complex restructuring matters, including in- and out-of-court restructurings, distressed acquisitions, and bankruptcy-related litigation.
  • In addition to his restructuring expertise, he represents clients in UCC Article 9 matters and enforcement of rights and remedies generally.

Allen Matkins/UCLA Anderson Forecast California CRE Survey Shows Interest Rates and Uncertain Economy Weakens Outlook for Most Market Sectors

Retrieved on: 
Wednesday, February 8, 2023

LOS ANGELES , Feb. 8, 2023 /PRNewswire/ -- The Winter 2023 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey, released today, shows that commercial real estate developers, owners and investors have reverted to a less-than-confident outlook on the office sector as rental and occupancy rates continue to weaken. This sentiment is a departure from the optimism shared by many in the sector a year ago. The findings come as the commercial real estate industry continues to navigate rising interest rates, declining valuations and economic uncertainty, leading to a contraction in new commercial development across most asset classes.

Key Points: 
  • The Winter 2023 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey, infographics, videos and related content are available for download on February 8, 2023, at 2:00 a.m. Pacific Time.
  • However, those expectations did not materialize according to the latest survey, as 2022's high interest rate environment impacted office market fundamentals.
  • The uncertain outlook on office space is also influencing sentiment about multifamily performance in metropolitan markets.
  • As such, interest rates and inflation won't create a huge impact on land use entitlements and development," says Spencer Kallick, partner at Allen Matkins.

EMMES and Oaktree Reimagine a New Workplace Reality

Retrieved on: 
Wednesday, December 7, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221207005218/en/
    Through renovations, creative strategies and world-class amenities, EMMES has generated positive leasing momentum at Centerview despite a slow return-to-work climate.
  • Centerview at Irvine Concourse has attracted new businesses with its recently renovated common areas, exterior plaza, and a plethora of amenities.
  • In October, EMMES reported a 70% increase in office parking utilization at Centerview since the beginning of 2022.
  • EMMES Realty Services of California, LLC is a member of The EMMES Group of Companies.

Allen Matkins Elects Jonathan Consani, Alexander Doherty, Amanda Donson, Seth Garrett, Jared Kassan, Morgan Medlin, and Shannon Snell to Partnership

Retrieved on: 
Wednesday, June 29, 2022

Allen Matkins , a California-based full service real estate and business law firm, announced today that Jonathan Consani , Alexander Doherty , Amanda Donson , Seth Garrett , Jared Kassan , Morgan Medlin , and Shannon Snell have been elected to the firm partnership, effective July 1, 2022.

Key Points: 
  • Allen Matkins , a California-based full service real estate and business law firm, announced today that Jonathan Consani , Alexander Doherty , Amanda Donson , Seth Garrett , Jared Kassan , Morgan Medlin , and Shannon Snell have been elected to the firm partnership, effective July 1, 2022.
  • This years exceptional new partner class further bolsters our impressive group of young partners and future leaders of the firm, says Jeffrey Patterson , managing partner of Allen Matkins.
  • Jonathan, Alex, Amanda, Seth, Jared, Morgan, and Shannon each exemplify the culture of entrepreneurism, client service, and community involvement Allen Matkins values in its attorneys.
  • Jonathan is a real estate transactional attorney in the firms Orange County office, whose practice focuses on purchase and sales and leasing for various types of commercial property.

Allen Matkins Continues its Commitment to Diversity and Inclusion by Funding Endowed Scholarships to UCLA and UC Hastings Law Schools

Retrieved on: 
Monday, March 7, 2022

Allen Matkins , a California-based, full-service real estate and business law firm, announced today its recent funding of endowed scholarships at both UCLA and UC Hastings law schools to further support diversity and inclusion within the legal community.

Key Points: 
  • Allen Matkins , a California-based, full-service real estate and business law firm, announced today its recent funding of endowed scholarships at both UCLA and UC Hastings law schools to further support diversity and inclusion within the legal community.
  • The Allen Matkins Endowed Scholarship for Diversity and Inclusion in Law at each school will help support and create opportunities for a diverse community of talented law students.
  • In 2020, Allen Matkins Diversity & Inclusion Committee developed a renewed and expanded Diversity Initiative to promote diversity in our workplace, in the legal profession, and in the related business community.
  • Our endowed scholarship donations to UCLA and UC Hastings directly reflect Allen Matkins pledge to making a difference in promoting diversity and inclusion in the legal community, says Jeffrey R. Patterson , Managing Partner at Allen Matkins.