Expert Analysis

Mortgage Co. Ruling Shows Risks Of Broad Noncompetes

The Federal Trade Commission and a Pennsylvania state court recently took actions against Mortgage Connect that de... (more story)

2nd Circ.'s Cantero Redo Complicates Mortgage Escrow Issue

The Second Circuit's recent decision in Cantero v. Bank of America reflects the absence of definitiveness in mortg... (more story)

Texas Ruling Makes Avoiding Appraisal Nearly Impossible

By deciding that a coverage dispute doesn't nullify an appraisal clause, the Texas Supreme Court, in its recent Ac... (more story)

Commercial More

South Street Partners Buys South Florida Condo Hotel Resort

South Street Partners has picked up a condo hotel resort in Sunny Isles Beach, Florida, from Mast Capital, according to an announcement from the private equity firm.

SEC Change Would Ease Nontraded REITs' State Headache

Tucked inside a 500-page regulatory proposal to ease capital formation in the public markets are consequential changes for nontraded real estate investment trusts.

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Dallas Tops Cushman's Global Data Center Market Rankings

Move over Atlanta and Virginia, because Dallas is now the world's premier market for data centers, according to a report by brokerage giant Cushman & Wakefield on Wednesday.

Investor Accuses FNB Of Forcing Pittsburgh Tower Takeover

An investor in Pittsburgh's FNB Financial Center claims in a lawsuit filed in Pennsylvania state court that the new tower's namesake tenant sabotaged filling out the office space and suppressed rent revenue in... (more story)

NYC Real Estate Week In Review

Goulston & Storrs and Fried Frank are among the law firms that picked up work on the largest New York City real estate deals that hit public records last week, with a foreign investor deal topping the list.

Mich. Residents Sue AI Data Center Over Alleged 24/7 Noise

Two western Michigan residents have filed a proposed class action accusing the operator of a data center used for artificial intelligence and bitcoin mining of subjecting nearby homeowners to constant industri... (more story)

6 Firms Build DigitalBridge's $1.05B ArcLight Buy

Digital infrastructure-focused asset manager DigitalBridge Group Inc. on Wednesday announced plans to acquire power and electric infrastructure-focused investor ArcLight Capital Partners in a $1.05 billion dea... (more story)

Residential More

Conn. Justices Fault Bank In Lost Mortgage Note Dispute

The Connecticut Supreme Court on Wednesday reversed Wilmington Savings Fund Society FSB's appellate and trial court wins in a foreclosure case surrounding a lost $751,000 mortgage note, finding officials at a ... (more story)

DeSantis Calls Special Session For Property Tax Cuts

Florida lawmakers would phase out property taxes on primary residences under a ballot measure up for consideration next week in a special session called Wednesday by Gov. Ron DeSantis.

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NYC Real Estate Resigned To Pared-Down COPA

A newly revised and more narrowly tailored version of a New York City bill, if passed, would give approved nonprofits a chance to buy distressed buildings, but real estate attorneys say the bill would still in... (more story)

NY Set To Levy NYC 2nd-Home Tax, Break From Fed. Tax Cuts

A tax would be imposed on high-value second homes in New York City under a budget bill expected to be passed by New York state lawmakers that also would decouple the state and city tax codes from certain feder... (more story)

Insurer Fights Coverage Bid For Postfire Rental Income Loss

An insurer and a Minnesota apartment complex owner each urged a federal judge to decide a business interruption coverage dispute in their favor over lost rental income from vacated units in the wake of a fire ... (more story)

CFPB Sued Over 'Drastic' Rollback Of Fair Lending Rules

The National Fair Housing Alliance sued the Consumer Financial Protection Bureau on Wednesday to overturn the agency's recent rollback of its fair lending regulations, challenging the changes as an unjustified... (more story)

BofA Borrowers Urge High Court To Revisit NY Escrow Suit

New York borrowers have urged the U.S. Supreme Court to again revive their claims for millions in mortgage escrow interest from Bank of America, arguing the Second Circuit's recent decision to free the bank fo... (more story)