Property Plays: WP Carey, Tribeca, Tower Capital
Miami Developer Maintains Pioneering Touch In Latest Moves
$1.5B Funding Surge Highlights EPA's Brownfields Evolution
Property Plays: WP Carey, Tribeca, Tower Capital
W.P. Carey inked $258 million worth of investments, largely in industrials; a total of $21.5 million was loaned for the acquisition and conversion of an eight-story Tribeca building; Tower Capital lined up $47.4 million for a build-to-rent community in Texas.
Miami Developer Maintains Pioneering Touch In Latest Moves
Miami-area developer Masoud Shojaee spoke with Law360 Real Estate Authority about his project strategy and how it has led to longevity for his firm Shoma Group and given him confidence in helping to address a housing crisis and various challenges in the market.
$1.5B Funding Surge Highlights EPA's Brownfields Evolution
Building on what's already a much-touted bipartisan success story, the EPA has ironed out many of the wrinkles in its brownfields program and is now equipped with a surge of funding. In the first of a four-part series, Law360 Real Estate Authority analyzes the trends and outlooks from the agency's brownfield grant data.
Expert Analysis
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Commercial More
A Louisiana federal judge has dismissed a commercial property owner's coverage fight over windstorm damage after the company settled in arbitration with a group of 10 insurers.
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As part of a settlement to end a state lawsuit, members of a local oversight district picked by Gov. Ron DeSantis advanced a development agreement on Wednesday permitting a major new theme park at Disney World... (more story)
A group of Chinese and American investors alleged this week that they were ripped off to the tune of millions of dollars by a group of fraudsters who, through a series of fraudulent bank loans, bogus tax filin... (more story)
The New York City Council voted Thursday to approve a slate of zoning reforms intended to promote small business growth and update decades-old regulations, after making several tweaks to the plan in response t... (more story)
A Namdar Realty Group affiliate has closed on a $147.1 million refinancing of a group of 18 New York City apartment buildings and commercial properties in a transaction advised by Jeffrey Zwick & Associates.
A split state appeals court has granted a former North Carolina State University employee stricken by cancer access to gather evidence in a campus building that studies showed contained cancer-causing materials.
Residential More
The University of California, Berkeley, can move ahead with its plans to build a housing project in the historic People's Park, the California Supreme Court ruled Thursday, saying a new state law wipes out opp... (more story)
Fintech company Figure Lending LLC faces a proposed class action alleging its home equity lines of credit are actually intentionally mislabeled home equity loans with higher interest rates and fees.
The design review committee for Miami's Wynwood neighborhood voted Tuesday against a 48-story mixed-use development proposed in the area, pushing back on the application, which makes use of a sweeping new Flor... (more story)
Massachusetts Attorney General Andrea Joy Campbell told the state's highest court this week that her office has the authority to seek enforcement of what she says is a mandatory state housing initiative requir... (more story)
Hinshaw & Culbertson LLP has added a consumer financial services partner in its New York City office from creditors rights firm LOGS Legal Group.
Federman Steifman LLP hired the former general counsel of real estate investment and development firm SomeraRoad as a partner for its New York City office, the law firm announced.
Bell Nunnally & Martin LLP has strengthened its real estate practice with a partner in Dallas who came aboard from Munsch Hardt Kopf & Harr PC.