Housing Nonprofits Sue Over Fla. Land-Buying Law
Latham & Watkins, Simpson Thacher Steer Healthcare JV
Realtors Set Aug. Launch Of Broker Fee Changes After Verdict
Housing Nonprofits Sue Over Fla. Land-Buying Law
Florida's S.B. 246 violates the Fair Housing Act and the state's constitution by restricting the land purchases of Chinese citizens and others, according to a suit filed Monday by multiple fair housing nonprofits, a group representing real estate professionals and a Florida real estate brokerage.
Latham & Watkins, Simpson Thacher Steer Healthcare JV
Healthcare Realty Trust Inc. and KKR announced on Monday that the two have entered a joint venture to own and invest in quality medical outpatient buildings, in a deal guided by Latham & Watkins LLP and Simpson Thacher & Barlett LLP.
Realtors Set Aug. Launch Of Broker Fee Changes After Verdict
The National Association of Realtors on Friday said it has adopted a series of policy changes that go into effect Aug. 17 under a settlement to avoid a jury verdict finding the trade group's rules compelled home sellers to pay inflated commissions.
Expert Analysis
The U.S. Securities and Exchange Commission's new rule to require more climate-related disclosures will provide in... (more story)
In this article, Jason Lambert at Will Ward discusses a number of recent bills out of the Florida Legislature targ... (more story)
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)
Commercial More
Retail property values and leasing activity are recovering in prime parts of Manhattan, particularly among storefronts along Fifth Avenue and in Times Square, a Vornado Realty Trust executive said on Tuesday.
DLA Piper has added a partner to the firm's real estate practice group who will join from Katten Muchin Rosenman LLP, saying the new hire's expertise spans asset classes and deal types.
Day Pitney landed work on the largest New York City real estate transaction that hit public records last week, a period that saw several large residential condo-unit deals become public.
In 2024's first quarter, the U.S. industrial real estate market faced an imbalance of supply and demand for the eighth consecutive quarter, along with a high vacancy rate, even as leasing activity grew 2.2% co... (more story)
Colorado would extend its income tax credit for certain costs of environmental remediation of contaminated property for five years under legislation approved unanimously Monday by the state Senate and sent to the governor.
A British citizen pled guilty Friday in Manhattan federal court to participating in a scheme to solicit investments using fraudulent misrepresentations about a coworking company where he was a principal.
Reborn Developments intends to raise $100 million to $600 million over the next year to support its Rekaliber project, which aims to create artificial intelligence tools for real estate professionals and real ... (more story)
Residential More
Colorado would extend temporary property tax rate reductions into 2024 and set lower rates for future years under bipartisan legislation passed Tuesday by the state Senate that is forecast to save property own... (more story)
Most of the recently moved lawsuits alleging violations of a New Jersey judicial privacy law should be moved back to state court since the plaintiffs and defendants reside in the Garden State, the data privacy... (more story)
Redfin disclosed to regulators on Monday that it will pay $9.25 million to end claims that it caused home sellers to pay inflated commissions under rules set by the National Association of Realtors, allowing t... (more story)
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)
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)
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)
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)