Fairfax Deals With Kennedy Wilson For $2B PacWest Portfolio
Fairfax Financial announced Tuesday that it has struck a deal with Kennedy Wilson Holdings Inc. to take on $2.1 billion worth of construction loans from Pacific Western Bank, which is stressed from the collapse of Silicon Valley Bank and other regional institutions.
Law Professor Challenges Basis For SF Permit Reviews
San Francisco's permitting policies are under investigation by the California Department of Housing and Community Development amid a serious housing crisis and yearslong waits for multifamily projects to gain approval. Here, Christopher Elmendorf, a professor at UC Davis School of Law, tells Law360 the city's basis for requiring discretionary review of proposed projects is largely invented.
Bills Start Work On $1.5B Stadium, Aided By Public Dollars
New York state officials and a host of NFL executives broke ground on the new $1.5 billion Buffalo Bills stadium slated for completion adjacent to the existing facility, a month after Erie County's Legislature unanimously signed off on the public-private partnership.
Bressler Amery & Ross PC has moved its Fort Lauderdale, Florida, office into new digs nearby in an effort to emphasize quality of work over quantity and better adapt to remote and hybrid work.
A Georgia appellate court refused to revive a woman's negligence suit against the owner and manager of an apartment complex after she awoke one night to find a maintenance worker in her bed; the panel found he... (more story)
Commissioners for New York City's housing agency urged officials not to take up a pair of bills proposing regulations on vacant and neglected units at a Tuesday hearing, saying the data on such properties have... (more story)
The Massachusetts Appeals Court on Wednesday said a commercial tenant's email to its landlord declining a five-year lease extension option satisfied a notice provision in their contract despite a prohibition o... (more story)
An Eighth Circuit appeals panel declined to revive a lawsuit Tuesday by a St. Louis diner that accused its insurer of violating state subrogation law by independently settling claims stemming from a car crashi... (more story)
A New York state appellate panel expressed skepticism Tuesday about Donald Trump's core argument that Attorney General Letitia James lacks the authority to sue him for defrauding banks and insurers that have n... (more story)
A Plaza Hotel duplex is reportedly on the market for $50 million, an MCB Real Estate venture is said to have paid $80.7 million for a Maryland logistics center and Rod Stewart has reportedly listed a Los Angel... (more story)
The city of Huntington Beach, California, told a federal judge that it does have proper standing in its fight over the constitutionality of Gov. Gavin Newsom and his agencies' housing requirements because it i... (more story)
A New York state appellate panel on Tuesday reversed a lower court's ruling that blocked the Howard Hughes Corp. from continuing forward with a 27-story mixed-use building in South Street Seaport in Lower Manh... (more story)
Harbor Group International LLC secured $440 million in refinancing from Freddie Mac, Fannie Mae and KKR for 25 multifamily properties in the U.S., the real estate investment and management company announced Tuesday.
Counsel for New York City and a nonprofit group dedicated to preserving a Manhattan garden that's slated to become affordable housing for seniors battled over the adequacy of an environmental review of the pro... (more story)
A New Jersey federal judge declined to certify a proposed class of Jersey City residents alleging that the fumes from an animal food rendering plant lower their property values, ruling Tuesday that there is co... (more story)
Rhode Island's attorney general and the state's department of health on Tuesday accused a Providence landlord of "allowing its properties to fall into disrepair" and create "significant health and safety risks... (more story)
The Texas Parks and Wildlife Commission will meet Saturday to consider taking 5,000 acres by eminent domain to preserve a state park, after a developer bought the land with plans to build a private residential... (more story)
The Federal Circuit ruled Tuesday that an appeals board leaned too heavily on a contracting officer's reasoning rather than its own findings in a dispute over the Federal Highway Administration canceling a $35... (more story)
Three Indigenous tribes are imploring a Nevada federal judge to preserve their lawsuit challenging a massive lithium mine in northern Nevada, telling the court that the discovery of significant historic proper... (more story)
The Ohio Supreme Court took up two legal questions posed by Gulfport Energy Corp. and another energy firm Tuesday after a state appeals court ruled that they drilled outside an Appalachian area "commonly known... (more story)