What's Next After Fla. Courts Block Condo Termination Bid
The Florida Supreme Court's decision not to take up a developer's appeal of a ruling blocking its bid to redevelop a Miami condominium tower has amplified debate over laws governing condo terminations and whether state legislators should take action.
Arkansas Banks Shoulder Heavy Construction Debt Burden
Several of the nation's most highly leveraged construction lenders are Arkansas banks, as state regulators have greenlighted construction debt levels of more than 10% of total assets at a trio of institutions, according to an investigation by Law360 Real Estate Authority.
Real Estate Continues To Hold Interest Of Family Offices
Private funding has become a more important part of real estate's financing puzzle as the industry has navigated a couple of rocky years. As high-net-worth investors gathered at a conference with experts in finance and real estate last week, they offered plenty of signs the fit will remain strong.
Commercial More
Fannie Mae announced Friday that it has elevated its deputy general counsel to acting general counsel, after the previous attorney to hold the position decided to move on from the post.
In this week's Taxation With Representation, Meta announces a joint venture with Blue Owl Capital to fund the development of a data center campus in Louisiana, private equity giants acquire medical technology ... (more story)
Latham & Watkins, Eversheds Sutherland, Kirkland & Ellis and Milbank LLP guided Meta Platforms Inc.'s joint venture with Blue Owl Capital, which will fund the development of a $27 billion data center campus in... (more story)
A Manhattan federal judge said Friday it's time for prosecutors to either make a deal with four men whose 2018 bid-rigging convictions from an upstate New York development initiative were overturned by the U.S... (more story)
A New Jersey property owner has put several of its office and industrial properties into Ch. 11 bankruptcy, according to multiple petitions filed in New Jersey bankruptcy court.
New York's attorney general is looking to permanently shut down two smoke shops and ban their owners from ever working in the vape industry again, claiming they flagrantly sold illegal flavored vapes to custom... (more story)
Nelson Mullins Riley & Scarborough LLP has hired two veteran commercial real estate attorneys — one a former Kelley Drye & Warren LLP special counsel — to strengthen its real estate and capital markets team.
Residential More
Miskel Backman LLP and Nelson Mullins LLP guided a joint venture's $68 million acquisition of a 170-acre tract in Broward County, Florida, where the partnership plans to build a sprawling mixed-use development.
A Michigan appellate court ruled that tenants do not need to prove that their landlords were notified of unfit conditions at their units in order to bring claims under a state law requiring property owners to ... (more story)
Rosso Development, Midtown Development and Proper Hospitality, guided by Greenberg Traurig, have secured approval from Miami officials for a $2 billion mixed-use project in the city's Midtown Park neighborhood... (more story)
An insurer said it has no duty to defend or indemnify a landlord accused of causing its tenants to get sick from a rat infestation and unsanitary conditions, telling a Florida federal court Friday that its pol... (more story)
A Washington federal judge has granted preliminary approval to property management firm FPI Management Inc.'s $2.8 million deal settling out of a proposed price-fixing class action accusing it and others of us... (more story)
K&L Gates LLP and Goodwin Procter LLP guided Federated Hermes Inc.'s $331 million purchase of a majority stake in real estate investment manager FCP Fund Manager LP, marking its foray into the U.S. real estate... (more story)
New York Attorney General Letitia James pled not guilty in Virginia federal court Friday to mortgage-related fraud charges that she says are part of President Donald Trump's revenge campaign against his percei... (more story)