Hotels And Landlords Get Set For FIFA World Cup
With the FIFA Men's World Cup beginning in less than three months, hotels and real estate owners have for years been laying the groundwork to make the most of the expected burst of economic activity, despite more recent concerns over immigration policies and geopolitical turmoil.
Fla. Startup's AI Tool Helps Local Governments Handle Growth
With its efforts to tap into artificial intelligence to automate portions of its permitting reviews, Florida's Walton County thinks it has found a way to achieve tangible benefits for a community grappling with the strains of rapid growth.
Real Estate Private Credit's Moment To Shine
Even under scrutiny prompted by problems in corporate private credit, the real estate corner of private credit is holding up. Although both forms of debt are under the heading of private credit, attorneys that advise private credit borrowers, lenders and investors do not expect real estate private credit to get blowback from the corporate private credit world.
Commercial More
Everus Construction Group said Thursday it has acquired North Carolina-based contractor SE&M for $158 million, as the company looks to expand its presence in the fast-growing Southeast U.S.
Three ex-employees of commercial real estate furnishing company Inhabitr claimed in a Washington state lawsuit that they were fired as retaliation after one of them complained to state authorities that the sta... (more story)
Litigation challenging zoning and other approvals for data center projects alleging violations of sunshine laws is rising across the U.S., including one suit in the country's biggest data center market that le... (more story)
Investment manager Ares Management Corp. announced Thursday that it has raised approximately $5.4 billion via the recent closings of two funds focused on value-add real estate investments in the U.S. and Europe.
Digital infrastructure developer New Era Energy & Digital Inc. and data center developer Stream Data Centers will create a joint venture that aims to develop and fund the 438-acre Texas Critical Data Centers c... (more story)
Ice Miller LLP guided the $102.5 million sale of a Bronx rehab center controlled by Daryl Hagler to an entity affiliated with Shmuel A. Serle, who has acquired several properties from the healthcare and nursing home owner.
A California federal judge has refused to block enforcement of a California statute banning new fossil fuel development within 3,200 feet of homes and schools, ruling the U.S. government failed to show the sta... (more story)
Residential More
The First Circuit rejected the U.S. Department of Housing and Urban Development's bid to pause two lower court orders that prevented the department from cutting funding for its grant program for homelessness s... (more story)
A Camden real estate developer is seeking to trim his own lawsuit against South Jersey power broker George Norcross in the wake of an appellate decision dismissing a related criminal case against Norcross.
A Michigan federal court tossed a case challenging rules requiring brokers to be members of the National Association of Realtors and its local affiliates in order to access multiple listing services, saying co... (more story)
A D.C. real estate developer and attorney is claiming that a local law firm, a contractor and an Israeli investor ran a coordinated "lien extortion" scheme to freeze his property sales before attempting to ext... (more story)
AIP, Pointsfive and Bridge Investment Group have formed a joint venture for a $132 million redevelopment of a former Greyhound bus station in Richmond, Virginia, into a multifamily community.
A New Jersey federal court partially dismissed the state attorney general's antitrust suit against RealPage Inc. and 10 of the state's largest landlords, which alleges the parties colluded to raise rents and f... (more story)
Rocket Companies Inc., subsidiary Rocket Mortgage LLC and other Rocket subsidiaries are urging a Michigan federal court to toss a proposed antitrust class action from homebuyers who claim the Rocket companies ... (more story)