BREAKING: AvalonBay, Equity Residential Agree To $69B Merger
Equity Residential and AvalonBay Communities Inc. said Thursday they have agreed to a merger that will create a residential property giant with an approximately $52 billion market capitalization and $69 billio... (more story)
NC Voters To Weigh Income, Property Tax Limits
North Carolina voters will decide in November on two proposed constitutional amendments aimed at curbing their income and property taxes after the state General Assembly approved sending the measures to the ballot Wednesday.
NYC Real Estate Resigned To Pared-Down COPA
A newly revised and more narrowly tailored version of a New York City bill, if passed, would give approved nonprofits a chance to buy distressed buildings, but real estate attorneys say the bill would still in... (more story)
Lendlease Wants NC Military Housing Suit Tossed
Lendlease Americas Inc. pushed for dismissal of a suit filed by U.S. military families who accused it and other companies of running uninhabitable homes on North Carolina's Marine Corps Base Camp Lejeune, argu... (more story)
DLA Piper Reps Harrison Street's $910M Student Housing Sale
Harrison Street Asset Management, advised by DLA Piper LLP, has sold a 12-property portfolio of student housing communities for $910 million to a joint venture formed by Scion Group and Ares Management Corp., ... (more story)
Atlanta Law Firm Beats Attempt To Revive RE Malpractice Suit
The Georgia Court of Appeals rejected an attempt to revive a malpractice suit filed against an Atlanta-based law firm for allegedly shoddy work on a title search in connection with a real estate property purch... (more story)
Utah Condo Builder Says Insurer Stalled Water Damage Claim
The general contractor for a high-end condo project in Utah has told a federal court its insurer breached its contract when it failed to promptly investigate and adjust more than $1.2 million in claims for pro... (more story)