What's Next After Fla. Courts Block Condo Termination Bid
The Florida Supreme Court's decision not to take up a developer's appeal of a ruling blocking its bid to redevelop a Miami condominium tower has amplified debate over laws governing condo terminations and whether state legislators should take action.
Arkansas Banks Shoulder Heavy Construction Debt Burden
Several of the nation's most highly leveraged construction lenders are Arkansas banks, as state regulators have greenlighted construction debt levels of more than 10% of total assets at a trio of institutions, according to an investigation by Law360 Real Estate Authority.
Real Estate Continues To Hold Interest Of Family Offices
Private funding has become a more important part of real estate's financing puzzle as the industry has navigated a couple of rocky years. As high-net-worth investors gathered at a conference with experts in finance and real estate last week, they offered plenty of signs the fit will remain strong.
Commercial More
Real estate investment firm Makarora Management LP and Ares Management Corp. have agreed to acquire and take private Plymouth Industrial REIT Inc. in a $2.1 billion cash deal guided by seven law firms, coming ... (more story)
A Minnesota federal magistrate judge has denied a request for discovery by Northshore Mining Co. against the Fond du Lac Band of Lake Superior Chippewa Indians in the tribe's lawsuit over a land exchange, sayi... (more story)
Latham & Watkins, Eversheds Sutherland, Kirkland & Ellis and Milbank LLP guided Meta Platforms Inc.'s joint venture with Blue Owl Capital, which will fund the development of a $27 billion data center campus in... (more story)
A New Jersey state appellate court has backed the permanent dismissal of a developer's legal malpractice and fraud suit against Cooper Levenson April Niedelman & Wagenheim PA and other parties, ruling that the... (more story)
A D.C. federal judge declined to stop work on an 80,000-acre offshore wind project off the New York and New Jersey coasts Friday, saying the nearby residents challenging the project failed to show that the win... (more story)
Fannie Mae announced Friday that it has elevated its deputy general counsel to acting general counsel, after the previous attorney to hold the position decided to move on from the post.
A Texas bankruptcy judge on Friday gave Prospect Medical Holdings permission to sell two Connecticut hospitals for $86 million and gave tort claimants the go-ahead to proceed with suits against the hospital ch... (more story)
Residential More
Miskel Backman LLP and Nelson Mullins LLP guided a joint venture's $68 million acquisition of a 170-acre tract in Broward County, Florida, where the partnership plans to build a sprawling mixed-use development.
A Michigan appellate court ruled that tenants do not need to prove that their landlords were notified of unfit conditions at their units in order to bring claims under a state law requiring property owners to ... (more story)
Rosso Development, Midtown Development and Proper Hospitality, guided by Greenberg Traurig, have secured approval from Miami officials for a $2 billion mixed-use project in the city's Midtown Park neighborhood... (more story)
An insurer said it has no duty to defend or indemnify a landlord accused of causing its tenants to get sick from a rat infestation and unsanitary conditions, telling a Florida federal court Friday that its pol... (more story)
A Florida state court awarded the general contractor for a luxury high-rise condominium in St. Petersburg nearly $1.4 million in damages after finding that a framing and drywall subcontractor and its payment a... (more story)
A Washington federal judge has granted preliminary approval to property management firm FPI Management Inc.'s $2.8 million deal settling out of a proposed price-fixing class action accusing it and others of us... (more story)
K&L Gates LLP and Goodwin Procter LLP guided Federated Hermes Inc.'s $331 million purchase of a majority stake in real estate investment manager FCP Fund Manager LP, marking its foray into the U.S. real estate... (more story)