Expert Analysis

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)

Bankruptcy Ruling Shifts Lease Rejection Claim Calculation

A New York federal court’s recent ruling in In re: Cortlandt provides guidance on how to calculate a landlord's da... (more story)

Commercial More

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.

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.

Dale Browne, president of the Great Oak Homeowners Association, speaks at a rally near Manassas, Virginia, protesting a newly built data center for Amazon Web Services on Aug. 29, 2022. Virginia lawmakers proposed a range of regulations for the data center industry after pushback from local residents and environmental groups. (AP Photo/Matthew Barakat, File)
Virginia Still Pursuing New Rules For Key Data Center Market

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)

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.

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.

Debevoise, Davis Polk Guide Windstream, Uniti Merger

Uniti Group Inc., advised by Davis Polk & Wardwell LLP, on Friday unveiled plans to merge with Debevoise & Plimpton LLP-led telephone service company Windstream Holdings II LLC in a deal that includes a $425 m... (more story)

Residential More

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

A Florida federal judge 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 governm... (more story)

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.

A joint venture agreement and the addition of 7,000 new homes to Invitation Homes Inc.'s management platform highlighted a promising first quarter for the company, its CEO told investors Wednesday. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)
Invitation Homes Sees Growth Ahead, Announces New JV

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)

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)

Kushner-Owned Co. Owes $15M For Scrapped Apartment Deal

A New Jersey appeals panel has ordered a company owned by Kushner Cos. LLC to pay $15 million to real estate sellers in a $186 million deal that fell apart during the COVID-19 pandemic.

Split Conn. Supreme Court Says No To 'Ratio' Utility Bills

In a rare 4-3 opinion, the Connecticut Supreme Court on Thursday ruled that a corporate landlord cannot use a ratio utility billing system to divide monthly costs among units not equipped with precise individu... (more story)

Simpson Thacher Adds Real Estate Partner In NY

Simpson Thacher & Bartlett LLP said Thursday that it has hired Aron M. Zuckerman, an attorney with experience advising lenders in financing real estate projects, as a partner in its New York office.