Bilt Faces Dem Grilling Over Bank Partner Transition 'Turmoil'
U.S. Sen. Elizabeth Warren, D-Mass., said Thursday that she wants answers from Bilt Rewards on reports that customers of the rent payment reward business have experienced transaction and payment issues stemmin... (more story)
Property Owner's Insurer Must Defend Manager In Assault
The insurer for a Washington, D.C., property owner must defend a property management company against an underlying suit claiming that its employee sexually assaulted a tenant, a Maryland federal court ruled Th... (more story)
NYC Mayor Unveils $22B, Five-Year Affordable Housing Spend
New York City Mayor Zohran Mamdani on Tuesday said the city would spend $22 billion over the next five years as part of a policy proposal to build 200,000 new affordable homes and preserve 200,000 more afforda... (more story)
Stoneshield Wraps €1.5B Opportunities Fund
European investment firm Stoneshield Capital on Thursday revealed that it closed its fourth opportunities fund after securing €1.5 billion ($1.75 billion) in total capital commitments.
Impac Wins OK To Swap $24M Debt For Equity In Ch. 11
Bankrupt home lending broker Impac Mortgage Holdings Inc. received approval on Thursday from a Delaware bankruptcy judge for its restructuring plan that swaps $24 million in senior secured debt for equity.
Minn. Adds Property Tax Break, Adopts Federal Changes
Minnesota will conform with recent federal corporate tax changes, extend its workaround of the cap on deductions for state and local tax payments and provide property and vehicle tax breaks under an omnibus bi... (more story)
3 Firms Guide Rental Property Software Co. Entrata's IPO Plan
Rental property management software company Entrata filed for an initial public offering on Thursday with advice from Wilson Sonsini Goodrich & Rosati PC, Latham & Watkins LLP and Ropes & Gray LLP, saying its ... (more story)