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.
States Push To Rein In Data Centers Via Bans, Restrictions
Lawmakers across the country are weighing a gamut of rules for data center projects amid concerns about their use of resources and impacts on consumer electricity bills, including mulling temporary bans on development and repeals of tax breaks in states with big markets.
Commercial More
The former CEO of The Michaels Organization, who was indicted in New Jersey's now-dismissed criminal racketeering case against South Jersey power broker George E. Norcross III, has accused former New Jersey At... (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)
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.
Debt financing work at the fund level has long been dominated on the lender side by attorneys from Cadwalader Wickersham & Taft LLP, Haynes Boone and Mayer Brown LLP, but other firms are increasingly crafting ... (more story)
Employees alleging a property management company stiffed them on overtime wages cannot proceed as a collective for now, a North Carolina federal judge has ruled, finding that the current record is insufficient... (more story)
Ohio Attorney General Dave Yost on Thursday advanced a petition for a constitutional amendment to prohibit the construction of data centers in the state, in one step toward seeing the question listed on the ballot.
Exxon Mobil Corp. has reached a settlement with a Seattle property owner who sought to hold the company liable for cleanup costs at the site of a former gas station, according to a motion approved Thursday by ... (more story)
Residential More
A Colorado town's fee on owners of short-term rentals does not require a vote under the state's Taxpayer's Bill of Rights, a state appeals court ruled Thursday, rejecting the argument that it raises more reven... (more story)
Hawaii condominium units in a Maui multiunit property are considered nonowner-occupied properties — not apartments — and should be taxed at higher rates under a county ordinance, a Hawaii appeals court affirmed.
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.
Waste Management of New Jersey was hit with a proposed class action in Garden State federal court alleging the smell emanating from one of its landfills is damaging neighboring properties.
New York City Mayor Zohran Mamdani on Wednesday said his administration wants to speed up affordable housing construction on city-owned land by seeking developers to bid in a program that aims to reduce by eig... (more story)
A city housing authority and its corporate development arm have asked a Connecticut Superior Court judge to order the civil arrest of an attorney accused of funneling nearly $10 million in unauthorized loan pr... (more story)
A developer that pitched a Milwaukee high-rise as the biggest in North America to use a timber-based structural system is facing a state lawsuit from a general contractor that claims it is owed $11.3 million f... (more story)