Expert Analysis

3 Illinois Updates That Bolster Mortgage Lender Enforcement

Illinois lenders can use clarifications from recent legislative and judicial developments — a law defining the lim... (more story)

Mich. Banking Brief: All The Notable Legal Updates In Q3

We are at an inflection point for Michigan financial services law, with a state Supreme Court decision recently ov... (more story)

AG Watch: How Maryland Is Meeting The Data Center Age

At a time when states are competing for data center investment, Maryland Attorney General Anthony Brown's upcoming... (more story)

Commercial More

Casinos Lose Bid For 3rd Circ. Redo In Room-Pricing Suit

Atlantic City casino-hotels could not get the Third Circuit to go back on reviving a proposed class action accusing them of a price-fixing scheme for hotel rooms, according to a court order.

Justices Deny Zillow's Bid To Revisit Goldman Ruling

The U.S. Supreme Court on Monday declined Zillow's invitation to revisit a 5-year-old ruling on class certification, allowing Zillow investors to proceed as a class on claims that they were duped about the com... (more story)

A rendering shows a planned Miami campus for Carnegie Mellon University that is being funded by a $3 billion gift from hedge fund executive Ken Griffin. (Courtesy of Griffin Catalyst)
Griffin Buys $1.1B Site For Carnegie Mellon Campus In Miami

Ken Griffin is continuing to make his mark on Miami, as the hedge fund executive paid $1.1 billion to acquire about 30 acres in the city's Wynwood neighborhood for a new Carnegie Mellon campus, Griffin and the... (more story)

Crime Fraud Exception Sought In Ex-Adams Aide's Bribe Case

Prosecutors on Friday said the crime fraud exception should greenlight access to privileged material as part of their case against former New York Mayor Eric Adams' chief of staff, who's accused of taking brib... (more story)

Atty Can't Kill Claims He Tricked Client Into Renting From Him

An attorney cannot escape a $14.5 million fraud lawsuit claiming he pressured his cannabis cultivation clients into an overpriced lease without telling them he was getting a 5% cut of the rent, a Los Angeles C... (more story)

3 Firms Guide $1.5B CareTrust-LNT Senior Living Deal

Jones Day represented California real estate investment trust CareTrust REIT Inc. on its roughly £1.1 billion ($1.46 billion) acquisition, announced Friday, of 45 U.K. senior living facilities from LNT Care De... (more story)

SEC Renews Judgment Bid Against Crowdfunding Promoter

The U.S. Securities and Exchange Commission has lodged a new request in Michigan federal court for summary judgment against a businessperson it has accused of orchestrating two fraudulent crowdfunding offering... (more story)

Residential More

$150M Series D Values Mortgage-Focused Fintech At $2.3B

Mortgage servicing artificial intelligence company Valon Technologies on Monday revealed that its valuation doubled to $2.3 billion after it closed its latest funding round with $150 million in tow.

Renters Seek Class Cert. For RealPage Antitrust Suit

A proposed class of renters asked a Tennessee federal court to certify it for its antitrust claims, saying property management software company RealPage Inc. allowed multifamily landlords to use its revenue ma... (more story)

Colorful, connected apartment buildings
'Strong Possibility' DC Voters Would Favor Rent Freeze

Voters in Washington, D.C., would likely approve an initiative to freeze apartment rents that recently survived a court challenge and may appear on a ballot in the spring, though the measure would harm the dis... (more story)

Justices Seek Trump Admin's Views In Escrow-Interest Fight

The U.S. Supreme Court asked Monday for the Trump administration to weigh in as the justices consider taking up a set of cases challenging whether federally chartered banks are exempt from state laws requiring... (more story)

Home Equity Fintech Is 1st Target Of Ex-CFPB Attys' Law Firm

Home equity fintech firm Unlock has used deceptive marketing and confusing contract terms to hide that its "investment" agreements are actually illegal high-cost loans, according to a new proposed class action... (more story)

NRP Group Starts Affordable Senior Housing Project In NY

The NRP Group and its partners Selfhelp Realty Group and Foxy Management have started construction on a 229-unit affordable senior housing project in the Bronx backed by a $214 million financing package, the m... (more story)

Lone Star Buys Dutch Residential Portfolio For €216M

London-based investment firm Lone Star Funds announced Thursday that it paid €215.5 million ($243 million) to acquire a residential portfolio spanning multiple cities in the Netherlands, saying it sees favorab... (more story)