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
A Michigan federal judge on Monday signed off on a $3.6 million deal to end a yearslong lawsuit that made its way to the Sixth Circuit alleging the City of Detroit took a commercial property owner's land while... (more story)
A Colorado jury sided with the U.S. Securities and Exchange Commission in its $49.5 million investment fraud suit against the founder of a real estate investment company.
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)
The lender that benefited from an allegedly botched $152 million Miami hotel loan, in a reply last week to counterclaims, said there was no error on its part and said claims against it are barred because the b... (more story)
Jeffer Mangels Butler & Mitchell LLP founding partner Jim Butler has decamped to Blank Rome LLP with a team of four other hospitality pros, who will help build out the firm's hospitality and real estate teams,... (more story)
Justices on Massachusetts' highest court appeared split Monday over whether a town's use of eminent domain to prevent Northeastern University from expanding a research center was a proper use of that power.
A New Jersey appellate court on Monday upheld the dismissal of multiple claims involving two Jersey City parcels that were related to a long-running redevelopment dispute between business partners.
Residential More
Railroad company Norfolk Southern argued in North Carolina federal court that poor stormwater management at a nearly 1,000-home D.R. Horton development caused a July washout that canceled rail service, require... (more story)
An all-star development team pursuing a name-brand project in a prime location led to Bank OZK extending $323.8 million in financing to build a 20-story, 70-unit luxury residential project in Miami's Coconut G... (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)
JPMorgan, the mortgage lender to a Manhattan loft owner, has urged a New York bankruptcy court to appoint a Chapter 11 trustee in the landlord's bankruptcy case or convert it to a liquidation under Chapter 7, ... (more story)
Kempinski Group, Europe's oldest independent luxury hotel company, revealed Friday that it plans to develop its first branded residential property in the United States with a two-tower project in Miami.
The Federal Trade Commission reached an agreement Friday allowing Sevita Health to move ahead with an $835 million deal for BrightSpring Health Services Inc.'s community living business, conditioned on the sal... (more story)
Fannie Mae has asked a New York bankruptcy court not to return an apartment complex in Duluth, Minnesota, from receivership to its owner during a Chapter 11 appeal, saying the debtor is not to be trusted, give... (more story)