Inside Proxy Fight That (Briefly) Ousted Hotel REIT Exec.
Miami Not Immune To Office Distress, Foreclosure Bid Shows
NYCB To Sell $5B In Warehouse Loans To JPMorgan Chase
Inside Proxy Fight That (Briefly) Ousted Hotel REIT Exec.
Here, Law360 Real Estate Authority recounts the litigious proxy fight following a failed purchase offer from an activist investor questioning the relationship of two Texas real estate investment trusts, which led to the chairman and a director being ousted for a matter of hours before being reappointed.
Miami Not Immune To Office Distress, Foreclosure Bid Shows
In the third in a series of stories on distressed office properties in various U.S. markets, Law360 Real Estate Authority looks at what the struggles facing a newer office building in one of Miami's hippest neighborhoods mean for one of the nation’s strongest markets.
NYCB To Sell $5B In Warehouse Loans To JPMorgan Chase
New York Community Bancorp announced it has agreed to sell $5 billion worth of mortgage warehouse loans to JPMorgan Chase Bank.
Expert Analysis
A May 13 executive order prohibiting the acquisition of real estate by a foreign investor on national security gro... (more story)
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In Indiana GRQ v. American Guarantee and Liability Insurance, an Indiana federal jury recently issued a landmark $... (more story)
The Eleventh Circuit's recent decision in In re: Talal Qais Abdulmunem Al Zawawi has introduced a split from the S... (more story)
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The state of Utah and two farming associations have asked a D.C. federal court to lift a more than three-year stay in a tribal case over the Bears Ears National Monument, saying the case is now moot and anothe... (more story)
Private investment firm RedBird Capital Partners has urged Delaware's Court of Chancery to strike unauthorized motions by Brookfield Infrastructure Partners seeking dismissal of a RedBird suit to recover a $15... (more story)
As more loans head to special servicing than at any time since 2021, the loan doctors called in when CMBS deals sour — special servicers — are navigating difficult terrain. Here, attorneys, researchers and rat... (more story)
An Ohio school board is prohibited from appealing a board of revision's valuation of a property that the school board didn't own to a court of common pleas, a state appeals court ruled.
A Michigan federal judge has given a cannabis company three weeks to either amend its complaint against a former business partner or respond to a motion to dismiss its claims that the former business partner s... (more story)
The Supreme Court of Texas reversed and remanded a landlord's win against its former car dealership tenant, ruling Friday that the dealership's $1.3 million jury verdict wasn't upended when it gave up its appe... (more story)
JPMorgan Real Estate Income Trust forked over $48 million for a 95% interest in a New York City shopping center, in a joint venture with Acadia Realty Trust, the bank announced.
Residential More
The D.C. Circuit on Friday upheld the documents falsification conviction of a former high-ranking staffer within the U.S. Department of Housing and Urban Development's Office of the Inspector General, rejectin... (more story)
Philadelphia Eagles Head Coach Nick Sirianni and his wife were allowed to back out of buying a $2.3 million home in New Jersey because the sellers hadn't disclosed or obtained a waiver for a "right of first re... (more story)
Investments in San Diego's multifamily market "reversed course" in 2024's first quarter after seeing consistent increases during the previous three quarterly periods, according to a CBRE report.
The lie that the character George Costanza told on "Seinfeld" appears to have inspired a New York City fraudster, as federal prosecutors announced Friday that a Brooklyn man admitted to running a million-dolla... (more story)
A Florida state appeals panel authored a split decision ordering a lower district court to reverse a tax deed sale after a property owner in Miami-Dade claimed the county's clerk of court failed to provide not... (more story)
The new owner of the late T. Boone Pickens' luxurious hunting estate in the Texas Panhandle can proceed with a lawsuit accusing a neighboring property owner of infringing the ranch's trademark rights by using ... (more story)
A group of short-term rental property owners claimed in Colorado federal court that a local ordinance enacted late last year "effectively bans most existing short-term rentals."