S. Florida Confronts A True Ripple Effect In Real Estate Crush
Much attention has focused on how the migration of wealth to South Florida has driven up real estate values and spurred construction, especially at the highest reaches of the residential market, but the impact also extends beyond dry land.
1 Year Later, How Tariffs Have Crept Into Real Estate Contracts
In the year since President Donald Trump's Rose Garden announcement of sweeping worldwide tariffs last April, real estate and construction lawyers have wrestled with how duties or potential duties fit into clients' deals, and sources recently shared more than half a dozen contract examples from the past year with Law360 Real Estate Authority.
Hotels And Landlords Get Set For FIFA World Cup
With the FIFA Men's World Cup beginning in less than three months, hotels and real estate owners have for years been laying the groundwork to make the most of the expected burst of economic activity, despite more recent concerns over immigration policies and geopolitical turmoil.
Commercial More
Florida law firm Johnson Pope and its insurer have sued a group of companies involved in the construction of a 46-story luxury condominium tower in St. Petersburg, telling a state court they are entitled to re... (more story)
Real estate investment trust National Healthcare Properties Inc. said Monday that it is seeking to reach a valuation of about $1.1 billion in an upcoming initial public offering advised by Paul Weiss Rifkind W... (more story)
Clifford Chance, Wachtell and DLA Piper are among more than two dozen law firms that guided the biggest real estate and hospitality mergers announced in the first quarter, with the largest deal exceeding $10 billion.
Chinese property developer Kaisa Group is asking a New York bankruptcy judge to extend U.S. recognition to a restructuring of its $15.7 billion in debt that it underwent last year after being hit with Chinese ... (more story)
Investors in Sun Communities Inc. asked a Michigan federal judge to grant initial approval to their $2.3 million deal with the real estate investment trust to end claims that its failure to disclose its then-C... (more story)
Blackstone Digital Infrastructure Trust Inc., a newly formed real estate investment trust focused on data centers, filed plans Friday for an initial public offering, with guidance from Simpson Thacher & Bartle... (more story)
Officials in Kansas City, Mo., have begun the process of talking with Major League Baseball's Royals about building a new $1.9 billion downtown ballpark, two years after voters rejected a tax hike for a stadium project.
Residential More
The North Carolina Supreme Court in April will tackle a long-simmering fight over the state's obligations to provide health insurance to retired public employees, who are battling to keep their class status.
New York Gov. Kathy Hochul announced Friday that $348 million worth of state bonds and subsidies will support five state housing projects that aim to "create or preserve 750 affordable, supportive, sustainable... (more story)
Carmel Partners managed to raise $1.35 billion for its U.S. multifamily real estate fund, which has been used to buy nine properties, the real estate investment management company announced Tuesday.
A Texas-based real estate investment trust has reached a $53 million class action settlement for multidistrict litigation in Tenneseee federal court that accused the REIT and multiple landlords of using proper... (more story)
The U.S. Department of Justice on Friday said it will move forward with a $68 million settlement reached with land developer Colony Ridge Development LLC without seeking court oversight after a Texas federal j... (more story)
A Texas-based workforce housing developer with affiliates and executives facing litigation from lenders has filed for Chapter 11 protection in Texas bankruptcy court with over $73 million in debt.
A union pension fund that tried to collect more than $1 million in withdrawal liability after a printing company ceased operations failed to prove that a holding company was a trade or business, a New Jersey f... (more story)