Senate Dem Bill Adds To Trump's Wall Street Home Buy Ban
Senate Democrats are proposing to end tax breaks for Wall Street's single-family home purchases and ramp up antitrust enforcement, offering a rival plan aimed at housing affordability as President Donald Trump in his State of the Union address Tuesday repeated a call to ban big investors from the market.
Tariff Decision May Offer Fleeting Relief For Real Estate Sector
Attorneys and other industry professionals shared insights with Law360 Real Estate Authority about how the U.S. Supreme Court ruling striking down certain tariffs and the White House's response may impact real estate and construction.
CRE Brokers Tout Q4 Results Despite AI Disruption Concern
Commercial real estate's biggest brokerages disputed the notion that artificial intelligence technology could eventually replace the work of brokers or drive down demand for office space during fourth-quarter earnings calls announcing brisk earnings and revenue growth.
Commercial More
Winston & Strawn LLP has hired a former Katten Muchin Rosenman LLP partner who specializes in structured finance deals for its transactions department in the firm's New York City office.
New York and New Jersey's federal lawsuit challenging a freeze on Gateway Tunnel funding must be dismissed because it falls within the exclusive jurisdiction of the U.S. Court of Federal Claims, the U.S. Depar... (more story)
American Express announced a deal on Wednesday with developer Silverstein Properties and the Port Authority of New York and New Jersey to move its global headquarters from 200 Vesey Street to a forthcoming new... (more story)
Land & Buildings, advised by Olshan Frome Wolosky LLP, has nominated the activist hedge fund's founder to First Industrial Realty Trust's board of directors, lining up a proxy fight with the real estate invest... (more story)
Realty Income Corp. announced that its chief legal officer and general counsel will be stepping down in September after five years at the helm, and the real estate investment trust will undertake a search for a new CLO.
A New York bankruptcy judge determined he has jurisdiction over litigation stemming from the collapse of real estate law firm Kossoff PLLC after its principal stole $14 million from its clients, finding the fi... (more story)
Retail landlord Simon Properties and luxury retailer Saks Global on Monday wrangled over the wording of a 2024 investment agreement as they asked a Texas bankruptcy judge to determine the fate of the leases of... (more story)
Residential More
The Florida House on Tuesday passed a bill weakening local government control over land use law with steps that its sponsor said are necessary to address a housing affordability crisis but that critics decried... (more story)
Washington and a host of municipal governments throughout the state urged a federal court to toss landlords' suit challenging several pandemic-era eviction moratoria, arguing the claims are barred by a three-y... (more story)
Although upcoming deadlines are casting uncertainty over the long-term future of the federal EB-5 investment visa program, industry experts said during an event Wednesday that the program is thriving — but the... (more story)
Riemer & Braunstein LLP and Mayer Brown LLP advised Amstar Group's $129 million purchase of a 33-story luxury multifamily tower in Manhattan's Hudson Yards, according to a Tuesday announcement from broker JLL.
Westchester Surplus Lines Insurance Co. and multiple Florida homeowners associations have ended their dispute in Florida federal court over the associations' more than $230 million insurance claim for Pensacol... (more story)
A class of renters is urging a federal court in Washington state to reject property management software company Yardi Systems Inc.'s quick win bid against their rent price-fixing suit and to order the company ... (more story)
Miller Thomson LLP, Stikeman Elliott LLP and Torys LLP advised a take-private deal for European Residential Real Estate Investment Trust in a $441 million acquisition by another REIT, following a multiyear wind-down.