Australia Aims to Curb Property Loss Tax Deductions
The Australian government plans to implement measures aimed at limiting tax deductions in situations where interest expenses tied to rental properties exceed related income, which will raise 3.6 billion Austra... (more story)
Invitation Homes Pays CLO To Delay Planned Retirement
Invitation Homes said Mark Solls, the company's chief legal officer, agreed to remain in his position and take an additional compensation package, deferring his previous plan to retire by the end of the year.
Multifamily REIT Execs Expect Steady, Gradual Lease Growth
Multifamily real estate investment trust executives told investors in recent earnings calls that they don't believe 2026 leasing activity will mimic the muted seasonal curve seen during the prior year thanks t... (more story)
Zillow Aims To Tear Down CoStar's Property Photo Rights Suit
Zillow urged a Seattle federal judge to throw out a mass copyright lawsuit from rival CoStar over tens of thousands of property photos, arguing that its automated handling of user-uploaded images does not cons... (more story)
Watergate Office, Multifamily Sites Included In Elme Sell-Off
Real estate investment trust Elme Communities said Monday that it has sold the Watergate 600 office building in Washington, D.C., along with four other multifamily properties for a combined $252.7 million as t... (more story)
NYC Real Estate Week In Review
Greenberg Traurig and JZ Legal are among the law firms that grabbed work on the largest New York City real estate deals that became public last week, with nine-figure trades in Manhattan and Brooklyn leading the way.
Latham Snags Skadden Real Estate Co-Chair
An attorney who practiced for nearly three decades at Skadden Arps Slate Meagher & Flom LLP and co-chaired the firm's real estate group has moved to Latham & Watkins LLP's New York office, the firm announced Monday.