Expert Analysis

Receivership Law May Streamline Real Estate Sales In Illinois

The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receive... (more story)

Navigating A Sea Change In Rent Algorithm Regulation

The U.S. Department of Justice's proposed settlement of the RealPage lawsuit represents a pivotal moment in the r... (more story)

How Choice Of Law Won The Day In NC Biz Court COVID Case

The North Carolina Business Court recently ruled for policyholders in Tanger Properties v. ACE American Insurance,... (more story)

Commercial More

Kering, Ardian Form $900M JV At Luxury NYC Property

French luxury group Kering said Tuesday it has completed another real estate joint venture with private equity firm Ardian, expanding a partnership launched earlier this year with a $900 million deal for a Fif... (more story)

Ex-Vornado CEO Says Latham Loan Error Proved 'Disastrous'

Guarantors of a $152 million loan for a Miami hotel said its lender is exploiting an error made by the borrower's attorney, a practice leader at Latham & Watkins, to collect fees "in perpetuity" under a guaran... (more story)

Crowded Honolulu beach with tall buildings in background
5 Firms Advise $2.3B Hawaii Real Estate Take-Private

Hawaii real estate investment company MW Group, San Francisco-headquartered real estate investment company DivcoWest and funds affiliated with Blackstone Real Estate have struck a $2.3 billion deal to take a H... (more story)

NY Board Approves 3 New Casino Licenses In NYC

The New York State Gaming Commission granted three casino licenses to New York City for projects proposed in Queens and the Bronx, finalizing a tiered license system tied to the size of applicants' investments.

Pure DC Leases Entirety Of €1B Amsterdam Data Center

Pure Data Centres Group announced Monday that it will lease the entirety of a €1 billion ($1.17 billion) data center campus under construction in Amsterdam to a single client, which it says is the largest stan... (more story)

NC Justices Won't Revive Developer's Fraud Suit

North Carolina's highest court sided with two real estate companies against a suit filed by their former partner on a multifamily redevelopment project, ruling on Friday that the businesses were contractually ... (more story)

Lockheed Martin Must Face Parents' Suit Over Birth Defects

A Florida federal judge said Friday that Lockheed Martin Corp. must face claims from three families that allege chemicals produced at a research and development facility contaminated the surrounding environmen... (more story)

Residential More

Property Investor Says Florida Real Estate Broker Stole $121M

A Florida rental properly investor accused a real estate broker in state court of misappropriating more than $121 million intended as investment distributions, saying she used her position as manager of severa... (more story)

One Sotheby's Agent Found Guilty Of $3.7M Theft

A jury on Friday returned a guilty verdict for a former One Sotheby's International Realty agent who was accused of stealing $3.7 million in proceeds from the sale of a Miami-area beachfront luxury condo.

Yardi, a "leading provider of high-performance software for the real estate industry," offers Yardi Matrix, "an industry-leading data solution designed to power the success of real estate professionals across multiple markets," according to the company's website.(AP Photo/Alexander Pohl/Sipa USA)
Yardi Reports Widespread US Rent Decline In November

Rental industry analyst Yardi Matrix reports that multifamily rents and demand each sagged for the fourth straight month in November, a broad trend that visited cities both with and without new supply coming to market.

NY Developer Charged In $8.5M Pandemic Loan Fraud

A New York real estate developer fraudulently obtained $8.5 million worth of COVID-19 pandemic relief loans and spent the money on two seven-bedroom homes in the Hamptons, diamond jewelry and paying off person... (more story)

NYC Pledges $1B For Coney Island Boardwalk Overhaul

New York City officials on Friday announced a $1 billion plan to rebuild a nearly three-mile boardwalk on Coney Island, add 1,500 homes, and update infrastructure and a sports center.

HUD Opens Investigation Into Boston's Housing Policies

The federal government said it is investigating alleged racial discrimination in Boston's housing programs, accusing the city of favoring nonwhite residents in an effort to achieve racial equity in housing.

5th Circ. Tosses Chinese Citizen's Suit Over Texas Land Law

The Fifth Circuit has affirmed the dismissal of a Chinese citizen's suit challenging a Texas law that bars residents and entities domiciled in specific countries, such as China, from buying property in the sta... (more story)