JPM's Construction Debt Grows As Wells Pulls Back By $1.6B
JPMorgan's construction debt on the books rose in the first quarter while Wells Fargo continued to pare its construction debt holdings during the period, showing contrasting narratives for the nation's two big... (more story)
'Hard-Money' Lenders Guilty Of Stealing Upfront Fees
A Manhattan federal jury convicted two Florida men of using their "hard-money" commercial real estate finance company to steal $18 million in upfront fees, after prosecutors said they defrauded developers to w... (more story)
How The 'Great Wealth Transfer' Will Impact Farmland
The "great wealth transfer" is shaping up to be a major storyline for the next couple of decades as the Baby Boomers begin to pass their assets to the next generation. Tyler Davis, president at land brokerage ... (more story)
UK REIT Segro Rejects £12.6B Bid By Linklaters-Led Prologis
Real estate investment trust Segro said Wednesday that it has rebuffed an unsolicited £12.6 billion ($16.6 billion) bid from Prologis, saying the approach was "opportunistically timed" as the U.S. company seek... (more story)
KKR Unit Unveils Univ. Of Tennessee Mixed-Use Project
Private equity firm Arctos Partners LP, a KKR unit, and its partners are working with the University of Tennessee, Knoxville on a mixed-use development that will include a private club, homes, a 24-story hotel... (more story)
Summer Camp Co. SIMAD's Ch. 11 Steered By Cole Schotz
A quintet of partners from Cole Schotz PC is stewarding the Chapter 11 case of summer camp operator and real estate holding company.
Two Harbors Pushes Back CrossCountry Vote Again
Two Harbors Investment Corp. has once again delayed its special shareholders vote for a transaction that involves mortgage lender CrossCountry Mortgage LLC acquiring the mortgage servicing-focused real estate ... (more story)