
5 Firms Ink $520M Financing For Tampa Hotel, Resi Project
Five firms guided a $290 million commercial-property assessed clean energy financing and a $230 million senior loan for Two Roads Development's construction of a mixed-use hotel and residential project underway in Tampa, Florida.

San Francisco Comes Up For Air
A few years ago, many in the real estate world said San Francisco was doomed, but thanks to the artificial intelligence boom and the city's shift toward more business-friendly politics, investors are betting on the Bay Area hub yet again.

These Banks Hold The Most Construction Debt On The Books
Eleven U.S. banks had more than $5 billion in construction debt on their books at the end of the year's first half, and one institution among the group is much more heavily weighted toward construction debt than the other 10.
Commercial More
The Federal Reserve's long-awaited announcement Wednesday that it is cutting its benchmark interest rate by 0.25% drew measured reactions from real estate attorneys and professionals, who said the move definit... (more story)
Algorithmic collusion by Atlantic City casino hotels, as alleged by their customers, poses a grave threat to consumers as the hotels use software to get around a century's worth of antitrust precedent, the cus... (more story)

South Florida's West Palm Beach and Miami appear to be running ahead of the pack in the "return to office" race to recover to pre-COVID levels, even outpacing a resurgent Manhattan market, according to recently released data.
Last week, state securities regulators at their annual confab in Arizona approved changes to their guidance for states reviewing securities issued by public nonlisted real estate investment trusts.
Dozens of investment partners were barred from challenging a settlement with the IRS over their disputed $54 million conservation easement deduction under a U.S. Tax Court ruling Wednesday that found they wait... (more story)
A Colorado federal judge partially granted environmentalist group Sierra Club's bid to dismiss a suit filed by a coalition of industry trade groups suing Denver over the city's restrictions on certain natural gas appliances.
Investment firm GreenPoint, advised by Latham & Watkins LLP, said Wednesday it has closed its inaugural fund at $1 billion and plans to invest in sectors that are "undergoing technology driven transformation,"... (more story)
Residential More
A Ninth Circuit judge suggested on Wednesday that a waiver provision written into a Seattle affordable housing policy is enough to "save" the ordinance from a homeowner's constitutional claim that it kept her ... (more story)
North Development has obtained $220 million worth of commercial property assessed clean energy and mortgage construction financing for its 35-story, 579-unit Miami residential project, in a deal advised by Goo... (more story)

The Los Angeles city attorney on Monday announced a plea agreement with one of two developers accused of violating building and safety guidelines by restarting construction on a contentious five-home developme... (more story)
Security Properties acquired a Seattle portfolio of multifamily properties from Washington Holdings, in a $400.8 million deal, one of the largest multifamily transactions in the area this year, the buyer annou... (more story)
Housing loan servicer Selene Finance LP must face most of a putative class action accusing it of sending false and deceptive notices regarding loan defaults, with a North Carolina court finding that the plaint... (more story)
Multifamily developer NRP Group on Wednesday announced the financial closing and groundbreaking of a $133 million, 390-unit project in Las Vegas that the company is developing in partnership with an affiliate ... (more story)
A group of residents and a nonprofit are seeking an expedited order that would block a decision by the Interior Department to give federal recognition to California's Ione Band of Miwok Indians, arguing the fe... (more story)