Executive Order Prompts Build-To-Rent 'Sigh Of Relief'
Build-to-rent's exclusion from a recent executive order targeting Wall Street's investment in the single-family market could add to its appeal for institutional investors, who were already flocking to build-to-rent, due to demand for affordable entry-level housing, its efficiency, scale and similarities to multifamily development.
Day Pitney's Real Estate Co-Chair Talks Boston CRE Market
More housing, including affordable and nonluxury units, and a cautious approach to tax policy can help Boston's commercial real estate market overcome the challenges it has faced in recent years, said the new co-chair of Day Pitney LLP's real estate practice.
Trump Order On Wall Street Landlords Floats Antitrust Review
President Donald Trump has signed an executive order directing federal agencies to avoid supporting single-family home purchases by institutional investors, calling the practice an impediment to homeownership for U.S. families.
Commercial More
Jeffer Mangels Butler & Mitchell LLP has picked its cybersecurity and privacy group co-chair to serve as the new vice chair for its global hospitality team, which currently employs more than 40 attorneys, the ... (more story)
Kansas and Colorado grain farmers and the company they use to ship their grain to the West Coast sued Union Pacific in Kansas federal court for allegedly using a "secret" fee illegally hidden from federal rail... (more story)
A mortgage origination unit of Apollo Global Management announced Wednesday it will sell a $9 billion loan portfolio to an affiliated insurance company after the real estate investment trust's stock consistent... (more story)
A Texas bankruptcy judge on Wednesday rejected a Massachusetts-based real estate investment trust's request for final approval of its $125 million in Chapter 11 financing, saying it would leave the debtor boun... (more story)
Werner Enterprises said Wednesday it has purchased privately held dedicated trucking company First Enterprises Inc., known as FirstFleet, for about $245 million in cash, and will separately purchase about $38 ... (more story)
Latham & Watkins LLP's real estate practice group provided guidance to Meta and the Canada Pension Plan Investment Board on two separate, multibillion-dollar data center joint venture partnerships, earning the... (more story)
Last year, Orrick Herrington & Sutcliffe LLP advised the Gateway Development Commission on the $16 billion Hudson River tunnel replacement project and advised New York City on the Manhattan construction contra... (more story)
Residential More
Mid-America Apartment Communities Inc. revealed in a U.S. Securities and Exchange Commission filing Wednesday that it will pay $53 million to settle out of multidistrict antitrust litigation alleging some of t... (more story)
With a $410 million construction loan in place, Miami-based developer Terra Group and partner AB Asset Management broke ground recently in Miami on The Well Coconut Grove, a mixed-use development bringing toge... (more story)
With each side comparing the other to children, CoStar Group pushed back Wednesday against a new activist shareholder campaign from hedge fund Third Point that aims to force board of director changes and a res... (more story)
The U.S. Department of Housing and Urban Development pushed for a quick win against two suits in Rhode Island federal court accusing the federal government of wrongfully pulling funding for homeless services, ... (more story)
The Sixth Circuit determined that a homeowner using online resources to research his mortgage refinancing options consented to a mandatory arbitration provision with Rocket Mortgage LLC when he navigated to it... (more story)
Bank of New York Mellon and a mortgage servicing company no longer face class action claims that they unfairly sought to collect on second mortgages following a bankruptcy discharge, a Boston federal judge has... (more story)
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