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MLex

After FTC Deal, Invitation Homes' Problems Persist In Phoenix

Following an FTC settlement, the corporate landlord last year was still more likely than independently owned landlords in Maricopa County to file evictions, and it even eclipsed its 2022 and 2023 filing rates. Tenants say fee and maintenance problems have also continued.

aerial view of semi trucks lined up in a parking lot

Real Estate Investors' Latest Craze? Truck Parking Lots

Many people don't like them because they're an eyesore, but truck terminals and container yards have become coveted assets for real estate investors, partly because of how hard it is to develop more of them.

Data center campus

New Tactics In The Data Center Wars: Incentives, Moratoriums

A rising tide of public opposition and scrutiny of artificial intelligence has culminated in several states repealing tax incentives for data centers and one state enacting the nation's first moratorium, prompting developers to look for friendlier pastures.

Expert Analysis

State Of Insurance: Q2 Notes From Pennsylvania

Todd Leon

Todd Leon at Marshall Dennehey highlights notable second-quarter insurance developments in Pennsylvania, including... (more story)

Ala. Bank Case Tells A Cautionary Tale On Collateral Risks

Danielle Douglas

The Alabama Supreme Court's recent decision in U.S. Bank Trust National v. Bonilla, concerning a residential forec... (more story)

What New USDA 'Beneficial Owner' Definition Means For Cos.

Marisa Bocci, Kari Larson and Jeffrey Thomson

The U.S. Department of Agriculture's recent pitch to add a new "beneficial owner" definition to its foreign-owned ... (more story)

Commercial More

Texas Judge Calls Late Bid To Disqualify Atty 'Dilatory Tactic'

A Texas federal judge on Tuesday denied a request to disqualify an attorney representing the former chief executive of a real estate company related to the late mogul Gene Phillips, saying the attempt to knock... (more story)

Montgomery McCracken Must Face Suit Over NJ College Move

A New Jersey state judge on Tuesday declined to dismiss Rider University's lawsuit alleging Montgomery McCracken Walker & Rhoads LLP's negligence caused it to forfeit a property worth $42 million, ruling from ... (more story)

Two people in suits shake hands
4 Firms Guide $1.2B Self-Storage REIT Merger

Two real estate investment trusts sponsored by SmartStop Self Storage REIT Inc. affiliates have agreed to a $1.2 billion all-stock merger that's being advised by Nelson Mullins Riley & Scarborough LLP, Venable... (more story)

SocGen Beats DC Landlord's Suit Over Failed $29M Loan

A Washington, D.C., federal judge on Tuesday dismissed a lawsuit by a property owner that claimed Société Générale Financial Corp. wrongfully backed out of a planned $29 million loan to refinance a Washington ... (more story)

Calif. Warns SEC Against Preempting State REIT Registration

California is urging the U.S. Securities and Exchange Commission not to adopt a proposal that could free certain real estate investment trusts and business development companies from registering with the state... (more story)

4 Firms Guide Meta, BlackRock's $14B Data Center Project

Meta and BlackRock are teaming up to develop a $14 billion, 1-gigawatt data center campus in El Paso, Texas, with guidance from Latham, Eversheds Sutherland, Kirkland and Milbank, the companies announced Tuesday.

Colo. Sports Complex Owner Files Ch. 11 With $100M+ Debt

Future Legends LLC, the owner of a sports complex in Colorado, has filed for Chapter 11 protection in California with $100 million to $500 million in liabilities following legal battles with a local government... (more story)

Residential More

San Francisco Cuts Development Fees To Spur New Projects

San Francisco city leaders have loosened affordable housing requirements for new projects and trimmed certain development fees in an effort to make building apartments more financially feasible. A land use par... (more story)

 XAI, SpaceX Say Power Plant Noise Suit Claims Are 'Flawed'

XAI and SpaceX urged a Mississippi federal court to throw out several claims in a proposed class action filed over allegedly intrusive noises coming out of a power plant the companies operate in a suburban nei... (more story)

Beige and white manufactured homes with small lawns and stairs that lead to the porch and front door stand along a street lined with tall trees on a sunny day
Housing Law Backs New Models For Manufactured Housing

A newly passed federal law is making it possible to reimagine how manufactured housing is built in the U.S. Cozen O'Connor partner Thomas Casparian spoke with Law360 Real Estate Authority about the changes the... (more story)

Randy Quaid Loses Bid To Undo $3.5M Calif. Property Ruling

Actor Randy Quaid and his wife cannot overturn a $3.5 million judgment awarded to a California couple who bought a Santa Barbara property that once belonged to the Quaids, an appeals court ruled Tuesday, findi... (more story)

DC Sues Trump Administration Over HUD's Move To Virginia

Washington, D.C., argued in a federal lawsuit Monday that the Trump administration's plan to move the U.S. Department of Housing and Urban Development's offices to Virginia is illegal, citing congressional dir... (more story)

Calif. Judge Won't Toss Challenge To Homeless Camp Sweeps

A California federal judge partially tossed a proposed class action challenging homeless camp sweeps conducted by California's Department of Transportation and local police working for San Diego County, the ci... (more story)

Zillow Judge Tosses Home Loan Claims, Leaves Door Open

A Washington federal judge has dismissed a lawsuit accusing Zillow of paying kickbacks to brokers that directed homebuyers to use the company's mortgage services, in a scheme that plaintiffs argued inflated th... (more story)