Expert Analysis

Time To Fix NYC's Broken Property Assessment System

A New York appellate court's decision to revive Tax Equity Now New York v. City of New York may force the city to ... (more story)

How EB-5 Regional Centers Can Prepare For USCIS Audits

In response to the recently announced U.S. Citizenship and Immigration Services guidelines that require EB-5 regio... (more story)

Understanding The IRC's Excessive Refund Claim Penalty

Taxpayers considering protective refund claims pending resolution of major questions in tax cases like Moore v. U.... (more story)

Commercial More

Florida Court Revives County's Suit Over Fairgrounds Deal

A Florida appeals court on Friday revived Hernando County's lawsuit against a local county fair association over a broken contract to redevelop a county fairgrounds property, ruling that it is not clear the la... (more story)

'Reckless' NY Developer Owes Investor $3M+, Suit Says

A real estate investor is owed at least $3 million tied to its stake in a commercial development project in Shelton, Connecticut, according to a lawsuit in state court that accuses a Brooklyn-based developer o... (more story)

The industrial outdoor storage, or IOS, sector includes assets such as industrial-zoned land used for storage of vehicles, trucks, trailers, large equipment and containers. (Photo by Jakub Porzycki/NurPhoto via AP)
Alterra Raises $925M For Industrial Outdoor Storage Fund

Alterra Property Group announced that it raised nearly $1 billion for a fund that will invest in industrial outdoor storage assets, around $200 million more than the company had set out to raise.

Investors Claim Data Center REIT Manipulated Financials

A proposed class of Equinix Inc. shareholders has accused the data-center-focused real estate investment trust in California federal court of artificially inflating its financial metrics.

AI Drives Record-Breaking Leasing For Digital Realty

A rising demand for data centers, partly stemming from advances in artificial intelligence technology, helped Digital Realty Trust see record leasing numbers in the first quarter of 2024, executives said durin... (more story)

IRS Expects Updates To Hydrogen Credit Emissions Model

The Internal Revenue Service expects the U.S. Department of Energy to update a model used to determine eligibility for the new clean hydrogen production tax credit under recently proposed rules, an IRS attorney said Friday.

Sullivan & Worcester Finds A New Manhattan Home

Sullivan & Worcester has announced that it has relocated its New York office, its second largest, signing a seven-year lease with a 54-story office tower just a short walk from its previous space.

Residential More

Freddie Mac, Insurer Settle $32M SEC Probe Coverage Dispute

Government-backed lender Freddie Mac told a Washington, D.C., federal court Friday that it has settled with an insurer in a $32 million coverage suit stemming from civil actions and federal probes around its c... (more story)

Judge Says Lender Can't Escape CFPB's Loan Data Suit

A Florida federal judge has refused to dismiss the Consumer Financial Protection Bureau's suit accusing mortgage servicer and lender Freedom Mortgage Corp. of violating federal law by submitting inaccurate gov... (more story)

Opendoor, which "cuts out the unnecessary steps and makes selling or buying a home fast, easy and stress-free," according to the company's website, beat its guidance range, as reported in its first-quarter earnings call. (Photo by Idrees Abbas / SOPA Images/Sipa USA)
Opendoor Says NAR Settlement Should Aid Growth Efforts

Leadership for Opendoor Technologies Inc. said they expect the online home-selling platform will benefit from the recent proposed legal settlement involving the National Association of Realtors as they express... (more story)

Brothers Accuse Cos. Of Mishandling $1.1M EB-5 Investments

Two brothers from India sued companies behind a combination residential-resort project they invested in under the EB-5 investor visa program, telling a Florida federal court that their green card petitions wer... (more story)

Akerman Hires Miami-Dade Atty As Chair Of Land Use Team

Akerman LLP hired Dennis A. Kerbel, a veteran Miami-Dade County, Florida, government attorney, as the new chair of its land use and entitlements team in its Miami office, the firm announced this week.

Stockbridge Real Estate Fund Raises $709M

San Francisco-based Stockbridge Capital Group said Friday that it had closed on a real estate investment fund with $709 million in commitments last month, the largest in its history.

USAA Wrongly Denied Fire Damage Claim, Wash. Couple Says

A Washington couple accused their homeowners insurer of unreasonably denying their fire damage claim despite their timely response to all of the insurer's claim inquiries and requests, further accusing the ins... (more story)