Why Insurance Capital Is Courting REITs
Private equity firms are looking to invest in joint ventures with real estate investment trusts in order to put some of their vast sum of insurance capital to work.
Uptick In Lender Guarantor Claims Shapes New Deals
Real estate litigators in New York City are seeing lenders bring more lawsuits against loan guarantors, arguing they have run afoul of provisions largely meant as a liability shield. Transaction attorneys are taking cues from lenders' efforts to draft more specific guarantee provisions, or alternatives to judicial foreclosure, in new loans.
Hochul, Mamdani Pitch Tax On 2nd Homes In NYC
New York Gov. Kathy Hochul and New York City Mayor Zohran Mamdani announced a proposal Wednesday for a pied-à-terre tax on second homes in the city valued at $5 million or more as state lawmakers hammer out a budget.
Commercial More
A Texas bankruptcy judge Wednesday signed off on the Chapter 11 liquidation plan of Cajun food chain Razzoo's, months after the debtor sold its assets for more than $18 million to a Dallas-based restaurant developer.
A Texas bankruptcy judge said Wednesday he would sign off on the Chapter 11 plan outlined by Office Properties Income Trust, a real estate investment trust that owns and leases out office space nationwide, ove... (more story)
A whistleblower lawsuit unsealed this week in New York state Supreme Court accused Wells Fargo of inflating income of underlying properties across numerous commercial mortgage-backed securities loans it pooled... (more story)
A Missouri airport Marriott built on land owned by the city is subject to a reduced property value despite the assessor's protests that the reduced value is unconstitutional, the state Supreme Court affirmed.
Stoel Rives LLP has hired a Seattle-based partner with a transactional practice advising on corporate, investment and real estate matters.
The competition for hard hat workers and specialized equipment for data centers is fiercer than ever, drawing resources away from other sectors and creating challenges for industrial developers, according to a... (more story)
A Delaware bankruptcy judge Wednesday declined to override SilverRock Development's Chapter 11 timeline but cautioned that secured creditors' persistent concerns about a proposal to divvy up property sale proc... (more story)
Residential More
A national property management firm was hit with a proposed class action in Colorado federal court alleging that it charges tenants nearly $3 million in unauthorized fees annually for gas, common area electric... (more story)
Canyon Partners Real Estate LLC said Wednesday it has provided a $123.8 million senior loan to private equity firm ACRE to develop a 337-unit, Class A residential complex as the second phase of a project in Miami.
A bipartisan coalition of 26 state attorneys general led by New Jersey and Colorado are calling on the Federal Trade Commission to adopt a requirement that residential landlords clearly disclose all costs to t... (more story)
A Philadelphia-based developer has told a New Jersey state court that South Jersey power broker George Norcross and his attorney brother's opposition to his bid to amend his suit is really an effort to get an untimely ruling.
Real estate investment trusts raised approximately $10 billion via capital offerings in the first quarter of 2026, a slight decline from the prior year, even as mergers and acquisitions activity sped up, per a... (more story)
Florida's Office of the Attorney General has asked a state court for permission to file an amicus brief supporting developer Bal Harbour Shops LLC's suit against a municipality that rejected the developer's ap... (more story)
AI-native law firm Norm Law LLP has hired Sidley Austin's former global head of real estate to lead its real estate practice as a partner, the firm announced Tuesday.