Expert Analysis

How FinCEN Proposal Expands RE Transaction Obligations

Against a regulatory backdrop foreshadowing anti-money laundering efforts in the real estate sector, the Financial... (more story)

How Calif. Video Recording Ruling May Affect Insured Exams

A recent California appellate decision, Myasnyankin v. Nationwide, allowing policyholders to video record all part... (more story)

Unpacking FinCEN's Proposed Real Estate Transaction Rule

Phil Jelsma and Ulrick Matsunaga at Crosbie Gliner take a close look at the Financial Crimes Enforcement Network's... (more story)

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'Brazen' Text By LA Pol Surfaces In Raymond Chan RICO Trial

A former lobbyist received a "brazen" text from then-Los Angeles City Councilmember Jose Huizar in 2018 seeking a bribe from his developer client, according to testimony heard on Monday by a Los Angeles federa... (more story)

Paul Hastings Guides $309M Mortgage Deal For NYC Tower

Paul Hastings LLP guided a mortgage deal in which a Blackstone entity borrowed $308.5 million from Morgan Stanley Bank NA for a 36-story Manhattan office tower, according to city property records.

Two of the week's largest real estate transactions in New York City were in Brooklyn, one on Smith Street and one on Livingston Street. (iStock.com/Sean Pavone)
NYC Real Estate Week In Review

Blaivas & Associates and Kriss & Feurstein were among the law firms that helped with the largest New York City real estate deals that hit public records last week, with a pair of $70 million-plus transactions ... (more story)

Electric Battery Maker Says Mich. Officials Impeding $2B Plant

Gotion Inc. accused a Michigan township of going back on its promise to help the electric vehicle battery manufacturer get governmental approvals to build a components plant in which it plans to invest over $2 billion.

REIT Signs Citizens Bank To Manhattan Skyscraper Lease

Real estate investment trust Paramount Group Inc. signed up Citizens Bank with a lease for 74,000 square feet of space in a 1.7 million-square-foot Class A office skyscraper located in Manhattan's midtown neig... (more story)

Developers Say Mich. Township Thwarted Pot Dispensary

A local cannabis advocacy group that includes real estate developers has sued a Michigan township in federal court, alleging elected officials have impeded a proposal to build a medical and adult-use dispensar... (more story)

BakerHostetler's LA Office Moves To Century City 'Destination'

BakerHostetler has relocated its Los Angeles office, announcing Monday it was moving it to Century City from its previous location in Brentwood.

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Philly Nonprofit Execs Lived Large On Co. Money, Jury Told

Jurors should not believe arguments from two nonprofit executives who are former associates of City Councilman Kenyatta Johnson who said they simply made bookkeeping mistakes and didn't concoct an alleged sche... (more story)

New York Allots $260M To Create, Preserve Affordable Homes

New York Gov. Kathy Hochul announced Monday that the state has allocated $260 million in low-income housing tax credits and subsidies to create and preserve 1,852 affordable homes across every region of the state.

A temporary injunction order has halted efforts by a redevelopment company to terminate the Biscayne 21 Condominium as part of a plan to build a new luxury condo on the Biscayne Bay property. (iStock.com/Cassanas)
Fla. Appeals Court Ruling Could Upend Condo Terminations

A decision by a Florida state appeals court has thrown a wrench into a common strategy employed by developers to acquire and terminate existing condominiums to replace them with new buildings, potentially upen... (more story)

Colo. HOA Not Covered In Travelers Repair Payment Row

A Colorado federal judge ruled a Travelers unit doesn't have a duty to defend or indemnify a Denver homeowners association seeking coverage for a dispute with a different Travelers unit that alleged it overpai... (more story)

Battle Over Mass. Rezoning Law Headed To High Court In Fall

The Massachusetts attorney general's lawsuit to force a Boston suburb to comply with an ambitious housing law was fast-tracked Monday to the state's high court later this year, as more than a hundred towns aro... (more story)

4 Times Federal Courts Confronted NY Split On Pay Frequency

New York federal courts are confronting a choice of whether to greenlight lawsuits alleging workers haven't been paid weekly, as state law requires for those who perform manual work, now that a split regarding... (more story)

Walker & Dunlop Closes $109M Loan For Multifamily Project

Walker & Dunlop lined up $109 million in construction financing for a 247-unit, 17-story, Class A multifamily development project in Brooklyn, New York, the commercial real estate finance services firm announced Monday.