On February 27, 2025, the Treasury Department/Financial Crimes Enforcement Network (FinCEN) announced that it will not issue any fines or penalties or take any other enforcement actions based on any failure to file or update beneficial ownership information (BOI) reports pursuant to the Corporate Transparency Act (CTA).
News
California-based law firm Sklar Kirsh LLP announced that six attorneys have been selected as 2025 Southern California “Super Lawyers” and one as a “Rising Star.”
On February 18, 2025, the U.S. District Court for the Eastern District of Texas revived the immediate enforceability of the Corporate Transparency Act (CTA) by the Treasury Department/Financial Crimes Enforcement Network (FinCEN).
Sklar Kirsh LLP is proud of its role in the Los Angeles community and is here to support those impacted by the recent wildfires.
Recent Deals & Decisions
Represented four TIC entity affiliates of MG Properties in the acquisition of a large mixed-use retail/condominium multi-property project located in San Diego across from Petco Park, for a purchase price of $309,000,000.
Represented 5600 Beach Blvd BP Owner, LLC (a Shopoff entity) in their acquisition and subsequent lease back to the Seller of a manufacturing facility located at 5600 Beach Blvd in Buena Park, CA for a purchase price of $60,000,000. A purchase loan from PIMCO in the amount of $49,000,000 was obtained.
Represented Peacock Ridge Apartments, LLC, an affiliate of The Bascom Group, LLC, on its acquisition of a large multifamily property located in Rancho Palos Verdes, CA, for a purchase price of $127,000,000. SK also assisted the client in obtaining the acquisition loan and working with its JV partner for the private equity infusion.
Represented Miramar Capital in connection with their sale of a single-tenant industrial property located in Fort Worth, TX for a sales price of $116,000,000.