CoStar Expands Mass Copyright Case Against Zillow
Commercial real estate information company CoStar Group Inc. updated its mass copyright infringement suit against property listing company Zillow Group Inc. on Friday, now alleging in Washington federal court that Zillow stole more than 53,000 of CoStar's copyrighted property photos.
Real Estate Private Credit's Moment To Shine
Even under scrutiny prompted by problems in corporate private credit, the real estate corner of private credit is holding up. Although both forms of debt are under the heading of private credit, attorneys that advise private credit borrowers, lenders and investors do not expect real estate private credit to get blowback from the corporate private credit world.
Multifamily Investors See Value Beyond Biggest Cities
While location has long been held as a paramount consideration in real estate, the biggest and best-known cities are not the only ones that need housing, nor are they the only markets that can deliver a solid return on investment, multifamily investors pointed out at a recent event.
Commercial More
Phelps Dunbar LLP has hired a former Holland & Knight LLP partner as a real estate partner in its Nashville, Tennessee, office with the aim of "strengthening the firm's ability to close complex deals and drive... (more story)
A Boston landlord is entitled to unpaid rent for a restaurant near Fenway Park, a state court judge found in a colorful order that cited "Game of Thrones" and largely ignored the testimony of attorneys called ... (more story)
Last year saw more than $580 billion in global data center investment, up 27% from 2024, and the U.S. alone in 2026 could approach $500 billion in such investment, according to a report Colliers released Wednesday.
A collection of local officials, religious leaders and civil rights groups is urging a federal judge to extend a pause on work to convert a Maryland warehouse into an Immigration and Customs Enforcement detent... (more story)
Deloitte lost its bid to avoid a June trial in a dispute over the accounting firm's handling of a $77 million share repurchase and planned charitable transfer that allegedly led to an unexpected tax bill for B... (more story)
The U.S. Supreme Court on Monday rejected a plea by a Dallas real estate developer to hear a challenge to the U.S. Securities and Exchange Commission's ability to seize the assets of alleged fraudsters before ... (more story)
Investors in LuxUrban Hotels Inc. seek an initial nod for their $3 million deal to end claims the bankrupt hotel-leasing business mischaracterized its portfolio growth and its financial results, leading to a t... (more story)
Residential More
A New York federal court has dismissed a proposed class action alleging that a state-run mortgage lender and servicer schemed to inflate interest calculations in foreclosure cases after finding that all the le... (more story)
A brand owned by Singaporean hospitality company Banyan Group will have its first U.S. location with an 88-unit residential tower in West Palm Beach, Florida, the group said.
Nearly $3.2 billion in commercial mortgage-backed securities debt is reaching hard maturity in March, and among maturing CMBS loans, multifamily has the highest delinquency rate, according to a report Monday from Trepp.
The U.S. Navy urged a Washington federal court Friday to reject an environmental group's bid to file a new complaint challenging its amended environmental impact analysis on expanding training flights on Whidb... (more story)
The Kansas Board of Tax Appeals properly complied with an appellate court's instructions for remand in a property tax case, the court ruled Friday, finding that the board was able to explain the weighted value... (more story)
A Louisiana federal judge has rejected an antitrust lawsuit brought pro se by a group of brokers claiming they are illegally forced to join a trio of real estate associations to access the Multiple Listing Ser... (more story)
CrossCountry Mortgage said Friday it will acquire mortgage servicing-focused real estate investment trust Two Harbors Investment Corp. for $10.80 per share in cash, with Simpson Thacher & Bartlett LLP advising... (more story)