Real Estate Law360 provides breaking news and analysis on high-impact real estate deals and the attorneys involved. Coverage includes transactions involving developers, investors, lenders, contractors, and brokers, as well as related litigation, enforcement, and policy developments.
The Internal Revenue Service's recent regulations, which confirm that real estate investment trust payouts to regulated investment company shareholders qualify for preferred tax treatment but are silent on publicly traded partnership income, conflict with the statute and congressional intent, says Andrew Howlett at Miller & Chevalier.
Fallout from the COVID-19 crisis may present a strategic opportunity for health care providers to expand their real estate footprint into the retail space, speeding up a decade-long trend, says Sandi Krul at Hooper Lundy.
The COVID-19 pandemic and ensuing commercial litigation has resurfaced a discussion around the growing need for tailored force majeure and other contractual provisions specifically addressing climate change risks, which may be chronic, long-term or arguably foreseeable, say attorneys at Kirkland.
Arnold & Porter represented a venture of Jair Lynch Real Estate Partners and global asset management shop Nuveen with its $81.5 million purchase of a Woodbridge, Virginia, apartment complex from Arent Fox-counseled real estate firm FCP, a transaction FCP announced Tuesday.
Tension has mounted between tenant attorneys and a top New York City civil judge, as the judge moves forward with plans to resume pre-pandemic trials in Brooklyn this month and major unions representing lawyers pledge not to return to court without more safety assurances.