Hotels And Landlords Get Set For FIFA World Cup
With the FIFA Men's World Cup beginning in less than three months, hotels and real estate owners have for years been laying the groundwork to make the most of the expected burst of economic activity, despite more recent concerns over immigration policies and geopolitical turmoil.
Fla. Startup's AI Tool Helps Local Governments Handle Growth
With its efforts to tap into artificial intelligence to automate portions of its permitting reviews, Florida's Walton County thinks it has found a way to achieve tangible benefits for a community grappling with the strains of rapid growth.
Real Estate Private Credit's Moment To Shine
Even under scrutiny prompted by problems in corporate private credit, the real estate corner of private credit is holding up. Although both forms of debt are under the heading of private credit, attorneys that advise private credit borrowers, lenders and investors do not expect real estate private credit to get blowback from the corporate private credit world.
Commercial More
JLL Capital Markets arranged the $115 million sale of a seven-property, 558,000-square-foot portfolio of grocery-anchored retail centers operating in four East Coast states, the company has announced.
The Board of County Commissioners in Hillsborough County, Florida, plans to hold an April 16 workshop meeting to talk about a proposal from Major League Baseball's Tampa Bay Rays for a 31,000-seat ballpark pro... (more story)
Litigation challenging zoning and other approvals for data center projects alleging violations of sunshine laws is rising across the U.S., including one suit in the country's biggest data center market that le... (more story)
A Florida state appeals court issued a split opinion Wednesday upholding a lower court decision favoring a commercial developer in a dispute over the construction of a pump station, ruling a city can't rely on... (more story)
The New York Attorney General's Office contested RealPage Inc.'s argument that the U.S. Supreme Court's ruling against a Colorado conversion therapy ban bolsters its First Amendment suit against the state, dis... (more story)
Holland & Knight and Dentons are among the law firms that have made recent real estate or construction hires.
RXR Realty and TF Cornerstone have filed new plans for their supertall tower at 175 Park Ave. with the companies now seeking to build 12 floors higher, and Fried Frank is assisting the venture on land-use matters.
Residential More
A split Fourth Circuit panel Wednesday revived a widow's suit alleging she was coerced into giving up her claims against the city of Charlotte, North Carolina, after her home was flooded with raw sewage, findi... (more story)
The owner of Element Student Living, an apartment complex near California State University Sacramento linked to real estate firm Versity Investments, filed for Chapter 11 protections in Delaware with at least ... (more story)
A Michigan federal court tossed a case challenging rules requiring brokers to be members of the National Association of Realtors and its local affiliates in order to access multiple listing services, saying co... (more story)
South Jersey powerbroker George Norcross and his brother, Parker McCay PA shareholder Philip A. Norcross, asked a New Jersey state court this week to toss a civil racketeering suit from a real estate developer... (more story)
Clifford Chance, Wachtell and DLA Piper are among more than two dozen law firms that guided the biggest real estate and hospitality mergers announced in the first quarter, with the largest deal exceeding $10 billion.
GTIS Partners and Hovnanian Enterprises have closed on a $200 million joint venture to build and sell homes of various types across housing communities in five states, adding another deal to their long-running... (more story)
Kentucky bolstered counties' authority to enforce the collection of delinquent property taxes under a bill signed by the governor.