Executive Order Prompts Build-To-Rent 'Sigh Of Relief'
Build-to-rent's exclusion from a recent executive order targeting Wall Street's investment in the single-family market could add to its appeal for institutional investors, who were already flocking to build-to-rent, due to demand for affordable entry-level housing, its efficiency, scale and similarities to multifamily development.
Day Pitney's Real Estate Co-Chair Talks Boston CRE Market
More housing, including affordable and nonluxury units, and a cautious approach to tax policy can help Boston's commercial real estate market overcome the challenges it has faced in recent years, said the new co-chair of Day Pitney LLP's real estate practice.
Trump Order On Wall Street Landlords Floats Antitrust Review
President Donald Trump has signed an executive order directing federal agencies to avoid supporting single-family home purchases by institutional investors, calling the practice an impediment to homeownership for U.S. families.
Commercial More
Consumer advocates are urging the Office of the Comptroller of the Currency to abandon proposals they say would let national banks unfairly profit off homeowners' escrowed money, warning the plan unlawfully re... (more story)
Commercial real estate firm CP Group and real estate company Time Equities Inc. partnered up for "an off-market deal" to buy a 930,020-square-foot mixed-use office building located in Denver's Central Business... (more story)
A mortgage origination unit of Apollo Global Management announced Wednesday it will sell a $9 billion loan portfolio to an affiliated insurance company after the real estate investment trust's stock consistent... (more story)
A Kentucky federal court refused to toss an antitrust case from the state attorney general's office accusing RealPage Inc. and several landlords of inflating rental rates through use of the software company's ... (more story)
U.S. Realty Advisors LLC has arranged $447 million worth of "build-to-suit" financing for military technology company L3Harris Technologies, which aims to use the funds for its "ongoing construction and expans... (more story)
The delinquency rate among commercial mortgage-backed securities rose to an all-time high for office properties in January, passing a previous peak in October, according to a new report from Trepp.
A joint venture between 601W Cos. and David Werner Real Estate Investments purchased a block-long Chicago office building at an 85% discount from prior owner Brookfield's purchase price, lender Northwind Group said Tuesday.
Residential More
Zillow and Microsoft urged a Seattle federal judge to put an end to a proposed class action accusing Zillow of improperly using Microsoft software to track users' activity on the real estate giant's website, c... (more story)
An Atlanta Housing Authority executive pled guilty Monday in Georgia federal court to wire fraud, credit application fraud and conspiracy to defraud the U.S. government in connection with a scheme where she wa... (more story)
With each side comparing the other to children, CoStar Group pushed back Wednesday against a new activist shareholder campaign from hedge fund Third Point that aims to force board of director changes and a res... (more story)
The Consumer Financial Protection Bureau's employee union has urged the full D.C. Circuit to uphold a lower court order blocking sweeping cuts at the agency, arguing the Trump administration's legal theory for... (more story)
Purlin, an artificial intelligence-powered real estate company, and consumer-focused property negotiation platform Final Offer announced a merger Tuesday, outlining plans for a combined business providing serv... (more story)
Zillow and Redfin are fighting an attempt by the Federal Trade Commission and multiple states to pause consolidated antitrust claims against the property listing companies, arguing in Virginia federal court th... (more story)
A developer locked in a battle with holdout owners of a Miami waterfront condominium wants a Florida state court to terminate the condominium association, arguing that the building, which is currently uninhabi... (more story)