Conn., Developer Settle Suit Over Alleged Harm To Public Land
Connecticut and its environmental protection agency have settled a state lawsuit against a developer they accused of destroying public lands by removing several acres of trees and vegetation to install a baske... (more story)
Camden Property Trust Closes $1.6B Sale Of Calif. Homes
Camden Property Trust has sold an 11-property, 3,620-unit portfolio of California residential properties for more than $1.6 billion, with part of the proceeds to be used to pay off credit facility debt, the Te... (more story)
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.
Lender Says YSA Took Oklahoma Property Without Notice
A senior secured lender asked a Delaware bankruptcy judge to bar YSA Investments 1 LLC from using rents generated by an Oklahoma apartment property, alleging the debtor took control of the property after recor... (more story)
Cannon Heyman, Sidley Guide $269M NY Housing Financing
BFC Partners and SAA Canopy Group announced Friday that they landed a $269 million financing package, including a loan from Goldman Sachs, to revamp a housing complex with affordable units in Syracuse, New Yor... (more story)
OCC, FDIC Unveil Bid To Rewrite Community Lending Rules
Federal regulators on Friday launched their latest push to update long-standing community lending rules for banks, issuing a new proposal that officials say would better tailor requirements by bank size and en... (more story)
Blackstone To Acquire HSBC Australia's $25B Loan Portfolio
Blackstone Inc. announced Thursday that it will acquire HSBC Bank Australia Ltd.'s AU$36 billion ($25 billion) home and personal loan portfolio, as HSBC plans to focus on its corporate and institutional bankin... (more story)