NY Landlords Map Muddled Path To High Court Rent Battle
Soured Partnership Tanks Dallas Tower Weakened By COVID
High Interest Rates, Low Supply Keep Outlook Strong For SFR
NY Landlords Map Muddled Path To High Court Rent Battle
Landlords are charting another path toward the U.S. Supreme Court in their effort to undermine New York's rent stabilization laws, following Justice Clarence Thomas' earlier opinion as a North Star, but attorneys say the approach may be little more than an exercise in reading tea leaves.
Soured Partnership Tanks Dallas Tower Weakened By COVID
In the fourth story in a series on distressed office properties in various U.S. markets, Law360 Real Estate Authority examines how a solid office building in an otherwise strong market — Dallas' Uptown — started showing cracks from COVID-19 and controversy.
High Interest Rates, Low Supply Keep Outlook Strong For SFR
With the likely persistence of higher interest rates and a significant lack of housing supply keeping the cost of home-buying up, single-family rentals appear likely to maintain an important position in the real estate landscape for the foreseeable future, speakers said Monday as industry players gathered for a conference in Miami Beach, Florida.
Expert Analysis
Max Bonici and Connor Webb at Venable take a closer look at the Federal Deposit Insurance Corp.'s and Office of th... (more story)
Jonathan Feldman and Alla Raykin at Eversheds Sutherland examine tax-related changes from Georgia’s General Assemb... (more story)
Under Georgia's new law limiting certain foreign possessory interests in agricultural land and land near military ... (more story)
Commercial More
A Texas appellate court wondered Wednesday whether a temporary injunction that seemingly bars a former CBRE executive from working in his trade anywhere in the world goes too far, and questioned the validity o... (more story)
The Illinois Supreme Court weighed Wednesday whether Zurich American Insurance Co. can recoup $3 million from a subcontractor for water damage repair costs the insurer paid to a general contractor despite Zuri... (more story)
Wells Fargo has sued American Hotel Income Properties REIT Inc. in New York federal court, claiming that the real estate investment trust's hotels should be placed into a court-ordered receivership after the R... (more story)
The Federal Deposit Insurance Corp. deemed office and retail mall asset classes 2023's "weak" points among the otherwise resilient commercial real estate property types, in a Wednesday report summarizing risks... (more story)
TZ Capital scooped up a luxury retail property on Madison Ave. for $180 million — nearly $100 million less than what the building last traded for, per a source familiar with the deal Wednesday — in a move that... (more story)
A Delaware vice chancellor declined Wednesday to rule from the bench on a preliminary injunction sought by Redbird Capital Partners in a dispute over a Brookfield Infrastructure Partners claim for a $150 milli... (more story)
Croke Fairchild Duarte & Beres LLC hired Penelope Campbell and Ari Krigel as partners for its real estate practice in Chicago, the firm announced.
Residential More
A federal judge in Connecticut on Wednesday seemed skeptical of a real estate sales associate's proposed class action complaint against Zillow Inc., suggesting that the website's "Zestimates" of home values ar... (more story)
The New York Court of Appeals has rejected an appeal filed by a New York City-based group challenging the NYC Landmarks Preservation Commission's decision to approve a certificate that will allow the construct... (more story)
The wealthy Walker family will put down $1.6 billion in cash over the next 30 years to build their own self-sufficient city after discovering access to an underground aquifer can provide more than enough water... (more story)
A Houston-area developer indicated before a state appeals court Wednesday that the consequences of entering a judgment in favor of more than 400 homeowners whose properties flooded during Hurricane Harvey woul... (more story)
The median sale price of homes grew 5.7% to $407,600 in April, the highest price ever for that month and the 10th straight month in which an increase was seen, according to a National Association of Realtors r... (more story)
The Supreme Court of Pennsylvania will take up an appeal over whether the co-owner of a rental property who doesn't handle its operation is nonetheless an "indispensable party" whose omission was fatal to a te... (more story)
A corporation owned by the defendant in a $93 million securities fraud case Wednesday told a Florida bankruptcy judge it has reached a deal to end its Chapter 11 case and sell the multimillion-dollar Coral Gab... (more story)