NYC Real Estate Week In Review
Cole Schotz and Fried Frank are among the law firms that landed work on the largest New York City real estate deals that became public last week, with a $238 million Manhattan trade leading the way.
California City And Cannabis Co. Square Off In Contract Suit
A California city and a cannabis operations holding company are suing one another in state court over so-called mitigation fees, with the city alleging the business owner breached its contract by failing to pa... (more story)
CoreCivic Continues ICE Sales Streak With $734M In Deals
CoreCivic announced Wednesday that it has sold two detention facilities to U.S. Immigration and Customs Enforcement for a combined $734 million, adding to the company's recent run of deals with the federal government.
Greenberg Traurig-Led TPG Buys $628M Industrial Portfolio
A consortium headed by global alternative asset manager TPG has paid $628 million for a 53-property, 5.4 million-square-foot industrial portfolio in an acquisition deal guided by Greenberg Traurig, TPG announced Friday.
Summer Camp Sales Spark Parent Concern Ahead Of Hearing
Plans to sell more than two dozen summer camps have been met with a flurry of comments from families concerned that outside investors will alter operations or close some camps altogether, with a group of paren... (more story)
REITs Must Face Shareholders' Suit Over Delayed Liquidation
A New Jersey federal judge refused to let a group of real estate investment trusts and other parties escape a proposed class action accusing them of tricking shareholders into approving amended legacy charters... (more story)
NY Court Says Town's Cannabis Zoning Rule Preempted
A New York intermediate appellate court has found that the state's marijuana law preempts localities from enforcing more stringent location policies for marijuana stores than what is found in state law.