Would REITs Seize On Semiannual Reporting?
As the U.S. Securities and Exchange Commission preps a rulemaking to relax quarterly reporting mandates, attorneys say numerous factors — including market adoption and investor and analyst pressure — would ultimately determine whether real estate investment trusts report less frequently.
Trump Admin May Be Overpromising WOTUS Clarity
The Trump administration says its proposal to shrink the Clean Water Act's reach would reduce regulatory burdens and provide clarity to farmers, homebuilders and other businesses, but it could face court challenges and potential reworking by future administrations.
Luxury, Group Travel Bolster Hotel Outlook After Bumpy Q3
Leading hotel operators and real estate investment trusts have reported a mix of results for the third quarter in recent earnings calls, pointing to luxury travelers and future group bookings as the biggest positives in the face of softening in the broader leisure segment and uneven business travel demand amid ongoing economic uncertainty.
Commercial More
Investment manager Barings and real estate investment company Waterton partnered up in a joint venture to recapitalize Waterton's 165-key Wyoming hotel and its 76-key Vermont hotel, the companies announced Wednesday.
Comras Co. announced on Wednesday it has acquired five buildings on the north side of Miami Beach's Lincoln Road pedestrian mall and unveiled plans to redevelop the portfolio into a "NoLi" micro-district of bo... (more story)
Brookfield Asset Management said Wednesday it is working with Nvidia and the Kuwait Investment Authority on a program to acquire up to $100 billion worth of infrastructure assets supporting artificial intelligence technology.
A shareholder for cannabis-focused real estate investment trust Innovative Industrial Properties Inc. accused the REIT's current and former executives Wednesday of not telling shareholders about how poorly sev... (more story)
Blue Vista Capital Management, Extra Space Storage and UBS' real estate business have teamed up to invest $600 million in self-storage properties in the U.S., with guidance by Kirkland & Ellis, DLA Piper and W... (more story)
The legal sector's presence in the broader U.S. office leasing market grew to 10.5% in the third quarter — over double what it was about seven years ago — with Moore & Van Allen PLLC and Latham & Watkins LLP s... (more story)
The Trump administration agreed not to act before the end of the year on a plan by President Donald Trump to coat a historic stone office building in white paint after preservationists sued in federal court la... (more story)
Residential More
Oregon-based senior living provider Bonaventure will invest $7 million in staffing and upgrades and shell out $200,000 in resident credits to resolve allegations of substandard care at 10 Washington state faci... (more story)
A New Jersey federal jury has awarded $1.7 million to two former and current city of Camden housing authority employees who claimed they were terminated for raising concerns about corruption within the agency,... (more story)
The New York City Council unanimously approved a plan to rezone 54 blocks in Long Island City on Nov. 12, enabling the construction of 14,700 new housing units with significant affordability mandates.
Greystar Management Services LLC has agreed to pay North Carolina, California and seven other states $7 million to resolve allegations against it in a sprawling antitrust lawsuit alleging major landlords used ... (more story)
Rachel Bates of Latham & Watkins LLP was the lead real estate counsel guiding Hyatt Hotels Corp. through multiple multibillion-dollar transactions and also worked on one of the year's biggest deals as Bridge I... (more story)
A proposed class of U.S. consumers accused Re/Max in New Jersey federal court of doing nothing to stop a multimillion-dollar scheme that involved franchisee real estate agents selling fake developments in the ... (more story)
President Donald Trump has tapped an energy official at the Office of Management and Budget to become permanent director of the Consumer Financial Protection Bureau, a key regulator whose future remains in dou... (more story)