Expert Analysis

Fed Report Underscores Focus On Nonbank, CRE Risks

The Federal Reserve Board's latest supervision and regulation report highlights that broad systemic stability will... (more story)

3 Upcoming Deadlines That EB-5 Investors Should Consider

Potential EB-5 regional center investors should weigh three approaching deadlines, the most immediate of which is ... (more story)

Assessing The Benefits Of Fla.'s Newest Business Structure

As of July 1, Florida business owners can create protected series LLCs to shield assets from liability while avoid... (more story)

Commercial More

Prologis REIT Prices $2.1B Stock Offering To Back Segro Buy

San Francisco-based real estate investment trust Prologis on Tuesday priced a $2.1 billion public stock offering to support its recently accepted £14 billion ($18.8 billion) takeover offer of U.K. REIT Segro.

Summer Camp Owner Can't Find Atty, Mulls Nixing Ch. 11

One of the brothers behind the insolvent summer camp empire of SIMAD Holdings told the New Jersey bankruptcy court Tuesday his personal Chapter 11 case should be dismissed because he was so deep in debt that c... (more story)

Modern office space with desks and chairs
Landlords Tout Top-Tier Office Leasing Boom In Q2 Results

Two office landlords recently told investors they are raking in double-digit rent growth and planning new construction, as supply for the best space in elite markets such as New York and San Francisco continues to tighten.

Developer Sunk $10.5M Into Contaminated Land, NC Suit Says

An environmental consulting company allegedly failed to warn a real estate developer that property in North Carolina was contaminated with dry-cleaning chemicals until after the developer sunk $10.5 million in... (more story)

Real Estate Lawyers On The Move

Venable and BrownWinick are among the law firms that have made recent real estate or construction hires.

Benesch Adds 20-Atty Team From Reed Smith, Opens In Miami

Benesch Friedlander Coplan & Aronoff LLP has hired a 20-attorney real estate finance and structured finance team from Reed Smith LLP, supporting the launch of a new Miami office, bolstering its New York presen... (more story)

Nelson Mullins Adds Alston & Bird Finance Atty In Texas

Nelson Mullins Riley & Scarborough LLP has brought on an Alston & Bird LLP partner in its Dallas office, bolstering the firm's expertise in commercial real estate finance and structured finance matters.

Residential More

NYC Extends Deadline For Pied-À-Terre Tax Exemptions

New York City Mayor Zohran Mamdani has extended the deadline for applying for exemptions from a "pied-à-terre" tax on second NYC homes that the city values at $1 million or more, setting the new deadline as Sept. 18.

Real Estate Co. Floats December Ch. 11 Auction Of Fla. Apts.

Property investment group Lurin LLC has asked a Texas bankruptcy judge to approve bidding procedures for a St. Petersburg, Florida-based apartment complex, with a lender's $118.6 million credit bid setting the auction floor.

Exterior of Federal Reserve building
Rare 3 Dissents In Fed Decision: Real Estate Lawyers Weigh In

The Federal Reserve on Wednesday unsurprisingly held interest rates steady, but in a rare twist, three members dissented, and real estate lawyers say keeping rates unchanged is a victory for the sector.

Fla. Homestead Exemption Ballot Question Must Be Changed

The Florida attorney general has 10 days to submit a revised title and summary for a ballot question that proposes boosting the state's homestead tax exemption, after a state judge found the current language m... (more story)

DOJ, Rocket Mortgage See 'Reasonable' Chance To Settle

The U.S. Department of Justice has asked a Colorado federal court to pause deadlines in its appraisal discrimination case against Rocket Mortgage LLC, saying both sides agree there's a "reasonable prospect" fo... (more story)

Feds Lose Bid To End Redlining Order For Lakeland Bank

A New Jersey federal judge has declined to sign off on the conclusion of a $13 million redlining deal between Lakeland Bank and the U.S. Department of Justice, ruling that the bank's existing compliance with t... (more story)

NYC Real Estate Week In Review

Sullivan & Cromwell and Tarter Krinsky are among the law firms that steered the largest New York City real estate deals that became public last week, with a pair of nine-figure trades in Manhattan topping the list.