Shareholder Activism In Real Estate Enters New Era
Boards of directors for real estate investment trusts should expect dissenting investors to continue challenging corporate leadership behind closed doors and in the open, attorneys say, because the days of REITs being unattractive targets are over.
Perkins Coie Atty Talks Anti-Money Laundering FinCEN Rule
Starting in March, residential real estate transactions will have to make disclosures under new anti-money laundering requirements from the U.S. Treasury Department's Financial Crimes Enforcement Network.
Attorneys Tackle Office Conversion Puzzle Across The Country
Office conversion projects are taking hold across the country, as developers and their counsel clear the challenges of taking unused office space and repurposing it into apartments in a way that also makes business sense.
Shareholder Activism In Real Estate Enters New Era
Boards of directors for real estate investment trusts should expect dissenting investors to continue challenging corporate leadership behind closed doors and in the open, attorneys say, because the days of REITs being unattractive targets are over.
Perkins Coie Atty Talks Anti-Money Laundering FinCEN Rule
Starting in March, residential real estate transactions will have to make disclosures under new anti-money laundering requirements from the U.S. Treasury Department's Financial Crimes Enforcement Network.
Attorneys Tackle Office Conversion Puzzle Across The Country
Office conversion projects are taking hold across the country, as developers and their counsel clear the challenges of taking unused office space and repurposing it into apartments in a way that also makes business sense.
Expert Analysis
Two rules proposed in December by the Office of the Comptroller of the Currency, which would preempt state laws re... (more story)
A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the... (more story)
The city of Detroit's ongoing case against Real Token, alleging building code and safety violations across over 40... (more story)
Commercial More
A Florida state appeals court declined to review a 2024 judgment establishing public access to some Walton County beaches, finding that a June repeal of a law that prompted the litigation rendered the underlyi... (more story)
Private equity firm InfraVia Capital Partners and European telecommunications companies Telefónica and Liberty Global will use their Nexfibre joint venture to pay $2.7 billion for Substantial Group, which is t... (more story)
Real estate investment trusts Equinix Inc. and Digital Realty Inc. attributed the growth they experienced last quarter and last year to data center demand from various sources, including business sectors beyon... (more story)
A group of landlords in Texas bankruptcy court objected to Saks' bid to obtain debtor-in-possession financing for its Chapter 11 plan, saying the proposed budget doesn't include millions the luxury retailer owes in rent.
New York and New Jersey officials said Wednesday that construction on the $16 billion rehabilitation of aging commuter train tunnels under the Hudson River would resume next week after the federal government r... (more story)
Merus acquired a closed down Middle Tennessee mall in order to start a $450 million redevelopment plan that aims to turn the property into a 57-acre mixed-use district with housing, offices, retail areas and m... (more story)
Willkie Farr & Gallagher LLP guided Henry Crown & Co. in a record-setting $3.5 billion refinancing of Rockefeller Center, along with advising Saks Global on its $2.7 billion acquisition of Neiman Marcus Group,... (more story)
Residential More
Equifax waived its right to arbitrate a proposed class action accusing it of monopolizing the income and employment verification market, a Pennsylvania federal judge ruled, calling the credit reporting agency'... (more story)
The Trump administration has pressed the D.C. Circuit to lift an injunction barring mass layoffs at the Consumer Financial Protection Bureau, slamming it as a "sweeping intrusion" on agency management that res... (more story)
On Wednesday, New York City Mayor Zohran Mamdani announced six appointments to the Rent Guidelines Board, a nine-member body that could green-light a rent freeze for the city's 1 million rent-stabilized apartm... (more story)
A Florida appeals court on Wednesday revived a suit by two homeowners against their insurer after finding that the lawsuit was wrongly tossed because the homeowners' counsel failed to appear at trial.
Mandelbaum Barrett PC secured a $14 million trial victory for a luxury condominium association against a contractor and guided a client through a thorny construction dispute following a change of ownership, ea... (more story)
Romer Debbas LLP and Davis+Gilbert LLP were among the firms that handled New York City's largest recorded real estate transactions last week, which featured multiple units in luxury high-rises designed by arch... (more story)
Real estate investment firm Kennedy Wilson has announced it agreed to be taken private by a consortium led by the company's CEO and Canadian insurance company Fairfax Holdings in an up to $1.65 billion deal ad... (more story)