Blackstone's Chicago Bet Backfires Post-Pandemic
Swiss Firm Empira Eyes Long-Term Growth In US Housing
Real Estate Leaders Ask Congress For Less Stick, More Carrot
Blackstone's Chicago Bet Backfires Post-Pandemic
In the first in a series of stories on distressed office properties in various U.S. markets, Law360 Real Estate Authority looks at the rise and fall of one Blackstone property in Chicago.
Swiss Firm Empira Eyes Long-Term Growth In US Housing
The head of U.S. investments for Switzerland-based real estate investment firm Empira Group shared insights with Law360 Real Estate Authority on the opportunities the company saw in U.S. housing that have driven its recent arrival and growth on this side of the Atlantic.
Real Estate Leaders Ask Congress For Less Stick, More Carrot
The federal government should incentivize home construction and office-to-residential conversions, avoid imposing more capital requirement rules on banks and refrain from treating commercial real estate monolithically, industry leaders testified to members of Congress on Tuesday.
Expert Analysis
A close look at the unique language at issue in Avila v. Biscayne, in which a Florida appellate court deemed a con... (more story)
The Federal Deposit Insurance Corp.'s spring 2024 consumer compliance supervisory report found that relatively few... (more story)
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Commercial More
A U.S. Department of State attorney-adviser is leaving government service to co-lead Klasko Immigration Law Partners' EB-5 regional center and developer practice, the firm recently announced.
A Blackstone entity has purchased a 346-room Fort Lauderdale, Florida, hotel from an affiliate of The Related Cos. LP, in a deal advised by Gibson Dunn & Crutcher LLP and Greenberg Traurig LLP, according to official records.
None of the bills proposing oversight and restrictions on data center development in Virginia passed this year, but tighter regulations may still be in store for the world's largest market for digital infrastr... (more story)
Discount retail chain 99 Cents Only urged a Delaware bankruptcy court Wednesday to let it accept a $2.5 million offer from Dollar Tree to potentially take over the debtor's leases at 58 recently closed stores,... (more story)
Global clean energy manufacturer Topsoe will invest over $400 million to build a factory in Virginia's Chesterfield County, the state's Gov. Glenn Youngkin announced Wednesday.
National construction spending was down slightly between February and March, falling 0.2% to just more than $2.083 billion, which is still nearly 9.6% higher than this time last year, the U.S. Census Bureau re... (more story)
A group of adult entertainment companies told the Second Circuit that a New York judge overlooked free speech harms and procedural hurdles in upholding a set of 2001 rules limiting where they can do business.
Residential More
A Washington couple violated their homeowners' association covenants by running a wing-walking flight school out of their home, but it is unclear if they ran afoul of community rules by using an association-ow... (more story)
A Manhattan resident was charged Wednesday with soliciting $43 million in investments through a Ponzi scheme that peddled false claims about his company's business interests in cryptocurrency, Las Vegas sports... (more story)
Invitation Homes Inc.'s chief executive told investors Wednesday that the company's results for 2024's first quarter give good reasons to be optimistic about the U.S. single-family rentals market for the rest ... (more story)
Nationstar Mortgage temporarily dodged a Pennsylvania federal lawsuit alleging the loan servicer wrongly denied COVID-19 loss mitigation assistance for delinquent mortgages, but the proposed class can refile their claims.
A family trust established by grandparents for their five grandchildren asked the U.S. Supreme Court to review a Third Circuit ruling finding the trust was the nominee of an adult son with $16.2 million in tax... (more story)
Essex Property Trust executives said Wednesday that they have their eye on incremental increases in tech sector job growth and decreases in housing court backlogs, two factors that have weighed heavily on the ... (more story)
A series of withdrawals has cut into a voluminous pile of lawsuits surrounding a real estate attorney's wiring of money to the wrong people in connection with several real estate sales, with First American Tit... (more story)