Real Estate

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Latest News in Real Estate

  • June 22, 2021

    3 Firms Build Blackstone REIT's $6B Home Rental Co. Buy

    Blackstone REIT will buy Chicago-headquartered home rental company Home Partners of America in a $6 billion deal built by Simpson Thacher, Sidley Austin and Fried Frank, the companies said Tuesday.

  • June 21, 2021

    Texas Justices Take Up Question Of How Banks Are Served

    The Texas Supreme Court will weigh in on an intermediate appellate court split over the proper way to serve process on banks designated as foreign corporate fiduciaries in lawsuits, agreeing to review U.S. Bank NA's challenge to a no-answer default judgment allegedly caused by improper service.

  • June 21, 2021

    Goldman Ruling Is A Boon For Class Action Defendants

    In a broad win for class action defendants, the U.S. Supreme Court’s ruling Monday in Goldman Sachs v. Arkansas Teacher Retirement System could serve as a mandate to courts to consider all relevant evidence at the class certification stage, even if the same evidence is also relevant to a merits question, say attorneys at Skadden.

  • June 21, 2021

    Texas Justices Won't Hear Bullet Train Eminent Domain Fight

    The Texas Supreme Court on Friday declined to hear a landowner's lawsuit claiming the private developers of a high-speed passenger train from Dallas to Houston cannot use eminent domain to survey and trample on Texans' private property rights for a costly project that's doomed to fail.

  • June 21, 2021

    Real Estate Rumors: EDRE Development, Cain, VIG Furniture

    EDRE Development has reportedly paid $13 million for a Brooklyn development site, a Cain International venture is said to have paid roughly $120 million for a Manhattan church and VIG Furniture has reportedly dropped $9.1 million on a Florida distribution center.

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Real Estate

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