Camden Property Trust Closes $1.6B Sale Of Calif. Homes
Camden Property Trust has sold an 11-property, 3,620-unit portfolio of California residential properties for more than $1.6 billion, with part of the proceeds to be used to pay off credit facility debt, the Te... (more story)
Lender Says YSA Took Oklahoma Property Without Notice
A senior secured lender asked a Delaware bankruptcy judge to bar YSA Investments 1 LLC from using rents generated by an Oklahoma apartment property, alleging the debtor took control of the property after recor... (more story)
Rare 3 Dissents In Fed Decision: Real Estate Lawyers Weigh In
The Federal Reserve on Wednesday unsurprisingly held interest rates steady, but in a rare twist, three members dissented, and real estate lawyers say keeping rates unchanged is a victory for the sector.
Cannon Heyman, Sidley Guide $269M NY Housing Financing
BFC Partners and SAA Canopy Group announced Friday that they landed a $269 million financing package, including a loan from Goldman Sachs, to revamp a housing complex with affordable units in Syracuse, New Yor... (more story)
Blackstone To Acquire HSBC Australia's $25B Loan Portfolio
Blackstone Inc. announced Thursday that it will acquire HSBC Bank Australia Ltd.'s AU$36 billion ($25 billion) home and personal loan portfolio, as HSBC plans to focus on its corporate and institutional bankin... (more story)
Niger Loses Bid To Shield NY Townhome In $7.6M Award Feud
A New York federal judge has cleared a path for British aviation services company Menzies to seize a luxury town house on Manhattan's Upper East Side owned by the Nigerien government as it looks to enforce a 1... (more story)
Apartments.com Tells Judge Rent Payment Fees Not 'Junk'
The company behind Apartments.com on Wednesday said its costs are clearly disclosed and users have options for avoiding them when paying rent, in a bid to have a Washington federal judge throw out a proposed c... (more story)