Natural Disasters And Wildfires Reshape CRE Dealmaking
Natural disasters are already reshaping all aspects of commercial real estate dealmaking, attorneys say, and their importance is expected to grow considerably as a result of the ongoing Los Angeles wildfires.
What Real Estate Attys Should Expect From New SEC
Real estate lawyers should anticipate a meaningful shift in policy from the U.S. Securities and Exchange Commission under President-elect Donald Trump's leadership, including a reduced focus on climate risk disclosures, according to speakers at a Practicing Law Institute panel.
Ackman Retracts Sullivan Dig In $1.5B Howard Hughes Offer
Pershing Square Holdings founder Bill Ackman has leaked a $1.5 billion proposal on social media that calls for merging his hedge fund and real estate developer Howard Hughes Holdings, and appeared to blame Sullivan & Cromwell LLP in a post for the informal release before he walked back that comment.
Commercial More
A Wells Fargo subsidiary has been hit with a suit in Nevada federal court by an attorney and real estate developer who claims she and several other entities were hit with a U.S. Securities and Exchange Commiss... (more story)
The Georgia Supreme Court on Wednesday considered whether a hospital authority could transfer its exemption from municipal zoning ordinances to a private buyer in a dispute over whether a hospital site can bec... (more story)
President Joe Biden issued an executive order Tuesday that aims to shape the country into an artificial intelligence infrastructure leader by working with the private sector to build data centers.
Connecticut regulators have finalized a set of new rules to catch environmental contamination that will replace a system of mandatory inspections on commercial and industrial property transfers, leaving New Je... (more story)
This year sees new leadership in the Florida Legislature, a change that can shift priorities, but with housing affordability, condominium reforms and property insurance presenting significant challenges even a... (more story)
A Michigan federal judge on Tuesday expressed frustration with Justice Department officials' delays in resolving a civil forfeiture action over an alleged $11 million healthcare fraud scheme involving money la... (more story)
GFP Real Estate, a commercial real estate owner and manager, has borrowed more than $177 million from merchant bank BDT & MSD to acquire and partially convert a Manhattan office building into residential units... (more story)
Residential More
A Washington state condominium association argued that its insurers owe payouts for an estimated $3.4 million in property damage caused by hidden water intrusion, the association told a federal court.
A real estate developer whose ties to Texas Attorney General Ken Paxton were central to his 2023 impeachment case pled guilty Wednesday to unrelated charges of making false statements to a mortgage lender.
New York Gov. Kathy Hochul proposed a statewide ban on rental price-fixing software in her State of the State Address on Tuesday, zeroing in on algorithmic rent-setting software at the heart of a U.S. Departme... (more story)
A North Carolina state appeals court ruled as a matter of first impression that a lower court was wrong to let a couple exercise their right to reject a juror in the middle of a trial after the jury had alread... (more story)
A New York developer has hit Hollywood, Florida, with a state court suit accusing the city of improperly interpreting the state's Live Local Act to block the developer's proposed 17-story beachfront project af... (more story)
Renters have urged a federal court in Washington state to consolidate two other cases with their proposed class action, which claims that multifamily building owners schemed to use a real estate management sof... (more story)
A joint venture between opportunistic credit investment firm Monarch Alternative Capital LP and real estate developer and investor Redico refinanced their 817-unit portfolio of six Florida senior housing commu... (more story)