Expert Analysis

Foreclosure May Not Be The Fix For Distressed Office Loans

Recently declining office values show that distressed borrowers and lenders should consider negotiated workouts, t... (more story)

3 Illinois Updates That Bolster Mortgage Lender Enforcement

Illinois lenders can use clarifications from recent legislative and judicial developments — a law defining the lim... (more story)

Mich. Banking Brief: All The Notable Legal Updates In Q3

We are at an inflection point for Michigan financial services law, with a state Supreme Court decision recently ov... (more story)

Commercial More

BDT & MSD To Buy Luxury Senior Housing Provider Sunrise

In a move aimed at capitalizing on the current wave of aging baby boomers, Sunrise Senior Living announced Tuesday that funds affiliated with BDT & MSD Partners, a merchant bank with ties to computer pioneer M... (more story)

NC Biz Court Bulletin: Monopoly Suit Setback, Historic Deal

The North Carolina Business Court rounded the corner into fall with a setback for residents in an antitrust class action, a historic settlement in "forever chemical" contamination litigation and a raft of new ... (more story)

A rendering shows a planned Miami campus for Carnegie Mellon University that is being funded by a $3 billion gift from hedge fund executive Ken Griffin. (Courtesy of Griffin Catalyst)
Griffin Buys $1.1B Site For Carnegie Mellon Campus In Miami

Ken Griffin is continuing to make his mark on Miami, as the hedge fund executive paid $1.1 billion to acquire about 30 acres in the city's Wynwood neighborhood for a new Carnegie Mellon campus, Griffin and the... (more story)

Hess, Gunpowder Co. Resolve NJ Pollution Suits For $24M

Hess and a former munitions manufacturer will collectively pay $24 million to resolve the state of New Jersey's natural resource damages claims over alleged contamination from operations spanning five industri... (more story)

Pension Funds Lead Securities Suit Over Zillow, Redfin Deal

A Washington federal judge has appointed two pension funds as lead plaintiffs in a proposed securities class action filed over an allegedly anticompetitive Zillow Group Inc. and Redfin Corp. deal and has also ... (more story)

JLL Says Trophy Office Boom Spreading To Lower NYC Tiers

A scarcity of premium space pushed would-be tenants in the third quarter to widen their search for offices in Midtown Manhattan, a sign that commercial broker JLL said could spell a recovery for the next-lowes... (more story)

EB-5 Center Says USCIS Delay Jeopardizes $82M Project

An immigrant investor regional center in Florida and a company seeking to raise funds for a planned medical school in Naples, Florida, sued U.S. Citizenship and Immigration Services, claiming a delay in approv... (more story)

Residential More

Chubb Sued By Ex-LA Times CEO Over Palisades Fire Damage

Chubb uses a "rotating cast" of biased consultants to downplay property damage and minimize its coverage obligations, alleges businessman and former Los Angeles Times CEO Austin Beutner, who accused Chubb in C... (more story)

Colo. Developer Says Town Reversed Course On Sewer Taps

The developer of a tiny home community just outside a Colorado mountain town has told a federal judge that the town refuses to process the community's wastewater and won't issue new tap permits to new properti... (more story)

Colorful, connected apartment buildings
'Strong Possibility' DC Voters Would Favor Rent Freeze

Voters in Washington, D.C., would likely approve an initiative to freeze apartment rents that recently survived a court challenge and may appear on a ballot in the spring, though the measure would harm the dis... (more story)

Rental Fintech Co. Says Rival Is Operating Unlawful Scheme

A fintech company that provides rent and security deposit insurance products accused a competitor of flouting insurance regulations, paying unlawful kickbacks to clients and misrepresenting the nature and lega... (more story)

Insurer Says Coverage Limited For Ole Miss Student's Fall

An insurer said its total coverage obligation for a suit over a University of Mississippi student's three-story fall from an apartment complex balcony is capped at $100,000, telling a federal court that the in... (more story)

Airbnb Can't Monopolize 'BNB' Acronym, Real Estate Co. Says

Airbnb cannot monopolize the acronym "BNB," which is an internationally recognized, generic and unregistrable abbreviation for "Bed and Breakfast," and its opposition to a luxury real estate management enterpr... (more story)

Real Estate Lawyers On The Move

Greenberg Traurig, Skadden and Shumaker are among the law firms that have recently hired for their real estate or construction practices.