Executive Order Prompts Build-To-Rent 'Sigh Of Relief'
Build-to-rent's exclusion from a recent executive order targeting Wall Street's investment in the single-family market could add to its appeal for institutional investors, who were already flocking to build-to-rent, due to demand for affordable entry-level housing, its efficiency, scale and similarities to multifamily development.
Day Pitney's Real Estate Co-Chair Talks Boston CRE Market
More housing, including affordable and nonluxury units, and a cautious approach to tax policy can help Boston's commercial real estate market overcome the challenges it has faced in recent years, said the new co-chair of Day Pitney LLP's real estate practice.
Trump Order On Wall Street Landlords Floats Antitrust Review
President Donald Trump has signed an executive order directing federal agencies to avoid supporting single-family home purchases by institutional investors, calling the practice an impediment to homeownership for U.S. families.
Commercial More
The District of Columbia Court of Appeals on Thursday ruled against Crowell & Moring LLP's appeal for its $30 million rent dispute with a D.C. office landlord that refused to grant a coronavirus-related rent abatement.
Bernstein Litowitz Berger & Grossmann LLP helped beat eXp World Holdings Inc. officers' bid to have the Delaware Chancery Court toss shareholder claims related to widespread allegations of sexual misconduct at... (more story)
A mortgage origination unit of Apollo Global Management announced Wednesday it will sell a $9 billion loan portfolio to an affiliated insurance company after the real estate investment trust's stock consistent... (more story)
Executives at Blackstone Inc. said during a Thursday call with analysts to discuss financial results that while parts of the real estate sector are still sluggish, the company is confident in the long-term out... (more story)
Industrial-focused real estate firm Overton Moore Properties said it has acquired a fully leased portfolio spanning 245,472 square feet in Northern California.
Jeffer Mangels Butler & Mitchell LLP has picked its cybersecurity and privacy group co-chair to serve as the new vice chair for its global hospitality team, which currently employs more than 40 attorneys, the ... (more story)
Kansas and Colorado grain farmers and the company they use to ship their grain to the West Coast sued Union Pacific in Kansas federal court for allegedly using a "secret" fee illegally hidden from federal rail... (more story)
Residential More
The Second Circuit has upheld the conviction of a New York City man who was sentenced to 70 months in prison for running a more than $1.8 million rental assistance and Medicaid fraud scheme.
A company using artificial intelligence and blockchain technology to automate real estate closings said Thursday that it has secured a $100 million credit facility from investment firm Metropolitan Partners Gr... (more story)
With each side comparing the other to children, CoStar Group pushed back Wednesday against a new activist shareholder campaign from hedge fund Third Point that aims to force board of director changes and a res... (more story)
The receiver overseeing the finances of the 924-unit Success Village Apartments can close on a $6 million loan from the Connecticut Department of Housing to clear tax and utility liens from the troubled co-op,... (more story)
The California city of Pasadena has agreed to settle claims filed by local residents who alleged in California state court that the city failed to conduct "adequate inspections" for homes that were contaminate... (more story)
The Massachusetts attorney general on Thursday sued nine towns that have not complied with a controversial state housing initiative requiring them to allow multifamily housing in at least a portion of their communities.
Mid-America Apartment Communities Inc. revealed in a U.S. Securities and Exchange Commission filing Wednesday that it will pay $53 million to settle out of multidistrict antitrust litigation alleging some of t... (more story)