Private Equity Could Be Ace Of College Sports Real Estate
Private equity, long-established as a source of funding for professional sports, is now poised to make its entrance into college sports by fueling sports real estate and mixed-use districts adjacent to athletic facilities to generate revenue.
Landlords, Legal System Confront Surge Of Rental Fraud
Victor Petrescu, a real estate litigation partner at Levine Kellogg Lehman Schneider & Grossman LLP in Miami, discusses the increase in fraud in rental applications, how it is impacting landlords and the broader legal system, and what can be done.
Feds Aim To Put Sackett Into Practice With New Water Rules
After the U.S. Supreme Court's 2023 ruling in Sackett v. EPA set new boundaries for which bodies of water are subject to federal oversight, the Trump administration is rolling out rulemaking to put into effect the court's more limited vision.
Commercial More
The U.S. Civilian Board of Contract Appeals denied the U.S. Department of State's attempt to limit a construction company's monetary claim after the agency terminated its construction contract, saying there's ... (more story)
A title company is partially liable for mishandling $13 million wired into escrow by an investor seeking a 50% ownership interest in a 17-hotel deal, a California federal judge ruled, finding that the title co... (more story)
Morrison Foerster and Gibson Dunn guided Mori Trust's blockbuster $541 million acquisition of the lower floors of 35 Hudson Yards from partners Related Companies and Oxford Properties Group, MoFo announced on Monday.
The former owner of an island in the San Francisco Bay is asking the Ninth Circuit to reverse a lower court ruling that he illegally destroyed "critical" wetlands without first receiving a Clean Water Act permit.
Property management software company RealPage sued New York's attorney general Wednesday in federal court, alleging a recently passed state law to prevent building owners from using software to collude on resi... (more story)
The Internal Revenue Service disregarded U.S. Supreme Court precedent in arguing that the U.S. Tax Court was right to slash a partnership's $17 million tax deduction for donating a conservation easement, the p... (more story)
Bankrupt hospital operator Steward Health has filed hundreds of millions in new claims in Texas bankruptcy court against its former CEO and other executives, including allegations that they orchestrated a sale... (more story)
Residential More
A fair housing organization alleged in federal court that the New York State Division of Housing and Community Renewal's retroactive enforcement of changes to a renovation program needs to be blocked or partic... (more story)
A PulteGroup affiliate has settled a 2023 federal lawsuit against a group of 21 insurance companies to compel coverage for construction defect claims at an Albuquerque, New Mexico, housing development.
The federal government filed a proposed final judgment on Monday that aims to settle antitrust claims accusing property management software company RealPage Inc. and multiple landlords of conspiring to use Rea... (more story)
Naftali Group said it has landed $465 million in construction financing for its JEM Private Residences luxury tower in downtown Miami, where work is underway.
The fossil fuel industry spent decades pushing a coordinated disinformation campaign to conceal its central role in climate change, saddling homeowners with a multibillion-dollar increase in insurance costs as... (more story)
U.S. Rep. Eric Swalwell on Tuesday sued Federal Housing Finance Agency Director Bill Pulte, claiming Pulte abused his position by accessing private mortgage records to target the political opponents of Preside... (more story)
The Eleventh Circuit ruled Monday that a bankruptcy judge did not err in excluding an expert's $80 million valuation of bankrupt title insurance underwriter ATIF Inc.'s 2015 transfer of two pieces of real esta... (more story)