CoStar Expands Mass Copyright Case Against Zillow
Commercial real estate information company CoStar Group Inc. updated its mass copyright infringement suit against property listing company Zillow Group Inc. on Friday, now alleging in Washington federal court that Zillow stole more than 53,000 of CoStar's copyrighted property photos.
Real Estate Private Credit's Moment To Shine
Even under scrutiny prompted by problems in corporate private credit, the real estate corner of private credit is holding up. Although both forms of debt are under the heading of private credit, attorneys that advise private credit borrowers, lenders and investors do not expect real estate private credit to get blowback from the corporate private credit world.
Multifamily Investors See Value Beyond Biggest Cities
While location has long been held as a paramount consideration in real estate, the biggest and best-known cities are not the only ones that need housing, nor are they the only markets that can deliver a solid return on investment, multifamily investors pointed out at a recent event.
Commercial More
The trade organization American Property Casualty Insurance Association is urging North Carolina's justices to reverse an order adverse to a pair of insurers in a $50 million COVID-19 coverage fight, arguing i... (more story)
A century-old nonprofit organization, community center and event venue in a city just north of Detroit is seeking Chapter 11 Subchapter V relief, after its home city sued the group to stop a sale of its proper... (more story)
Last year saw more than $580 billion in global data center investment, up 27% from 2024, and the U.S. alone in 2026 could approach $500 billion in such investment, according to a report Colliers released Wednesday.
Two forestry and sawmill companies along with a Swiss-German family have told a D.C. federal court that a recent decision from Britain's top court rejecting Zimbabwe's sovereign immunity defense in a related c... (more story)
A company that develops data centers in space said Monday that it has raised $170 million in its Series A fundraising round, becoming a unicorn startup with a $1.1 billion overall valuation.
Ice Miller and Goulston & Storrs are among the law firms that steered the largest New York City real estate deals that hit public records last week, with three large Brooklyn trades leading the way.
The New Jersey borough of Paramus urged a state court to not toss its suit against the owner of an East Rutherford mall that allegedly violated state laws that ban retailers from selling specific products on S... (more story)
Residential More
A Washington federal judge on Monday tossed antitrust class action claims lodged against out-of-state multifamily landlords that were accused of running a rent price-fixing scheme that used property management... (more story)
Florida Gov. Ron DeSantis signed a bill that imposes a variety of preemptions over local governments' land use review powers, potentially teeing up a fight with Miami Beach over a contentious proposal that cou... (more story)
Nearly $3.2 billion in commercial mortgage-backed securities debt is reaching hard maturity in March, and among maturing CMBS loans, multifamily has the highest delinquency rate, according to a report Monday from Trepp.
A New York federal court has dismissed a proposed class action alleging that a state-run mortgage lender and servicer schemed to inflate interest calculations in foreclosure cases after finding that all the le... (more story)
The U.S. Supreme Court on Monday rejected a plea by a Dallas real estate developer to hear a challenge to the U.S. Securities and Exchange Commission's ability to seize the assets of alleged fraudsters before ... (more story)
A brand owned by Singaporean hospitality company Banyan Group will have its first U.S. location with an 88-unit residential tower in West Palm Beach, Florida, the group said.
The U.S. Navy urged a Washington federal court Friday to reject an environmental group's bid to file a new complaint challenging its amended environmental impact analysis on expanding training flights on Whidb... (more story)