The Top September FAA Grants For Real Estate Projects

The FAA recently announced about $1.1 billion in grants for projects at hundreds of airports, and some of those funds will be used for major airport real estate work.

Views of foxtail palm trees at the front of apartment buildings

Fla. Bar Panel Backs Condo Termination Reform Proposal

Draft legislation aimed at opening a path in state law for terminating cost-burdened condominiums gained the backing of a key Florida Bar committee last week, standing out as one of the most sensitive topics at the condo law conference where the vote took place.

Two construction workers adjust vertical steel rebar rods while laying light gray concrete masonry unit blocks on a building site.

Incablocks Seek To Be Solution For Multiple Building Woes

A California-based company says its system of lightweight, interlocking concrete blocks could help address multiple challenges confronting the construction and real estate industries, from housing shortages to threats from hurricanes and wildfires.

Expert Analysis

FinCEN Exemption Raises Statutory, Administrative Questions

David McCarville

The Financial Crimes Enforcement Network's recently rolled-out broad exemption for U.S. companies from Corporate T... (more story)

Florida Condo Ruling Offers Tips For Contractor Lien Disputes

Ryan Owen and Allison Zunica

A recent Florida appellate decision, holding condo owners may challenge liens placed on their units, despite not b... (more story)

PFAS Risks Require Due Diligence Beyond Compliance

Maribel Nicholson-Choice and Sven Kleinhans

While traditional environmental due diligence questions remain important, concern over perfluoroalkyl and polyfluo... (more story)

Commercial More

Joby Air Taxi Trade Secrets Suit Against Archer Trimmed

A California federal judge has cleared Joby Aviation to advance a slimmed-down lawsuit alleging rival electric air-taxi developer Archer Aviation misappropriated its trade secrets, but again rejected Archer's ... (more story)

NY DA: Construction Exec Offered 'Quid Pro Quo' To Atty

The Manhattan District Attorney's Office seized the phone of The Rinaldi Group's managing director as part of a criminal investigation into allegations that he proposed a "quid pro quo" to a defense attorney r... (more story)

A rendering shows a planned Miami campus for Carnegie Mellon University that is being funded by a $3 billion gift from hedge fund executive Ken Griffin. (Courtesy of Griffin Catalyst)
Griffin Buys $1.1B Site For Carnegie Mellon Campus In Miami

Ken Griffin is continuing to make his mark on Miami, as the hedge fund executive paid $1.1 billion to acquire about 30 acres in the city's Wynwood neighborhood for a new Carnegie Mellon campus, Griffin and the... (more story)

Kirkland-Led Data Center Infrastructure Firm Prices $540M IPO

Data center power provider Accelevation Holdings hit the public markets Wednesday after raising $540 million in its initial public offering steered by Kirkland & Ellis LLP and Simpson Thacher & Bartlett LLP.

Blank Rome Seeks Time To Exit LIV Golf's Fla. Office

Blank Rome LLP on Wednesday filed a limited objection to LIV Golf's motion to reject its sublease at an office building in West Palm Beach, Florida, saying it didn't receive any advance notice and would like u... (more story)

NJ Can Renew RealPage Antitrust Claims Against REIT

A New Jersey federal judge has ruled that the state can renew antitrust claims against AvalonBay Communities Inc. in a suit alleging that the real estate investment trust and multiple landlords used RealPage I... (more story)

O'Melveny Guides $5B Alexandria Real Estate Credit Line

Life sciences real estate investment trust Alexandria Real Estate Equities Inc. has closed an unsecured $5 billion senior revolving credit facility that will be overseen by Citibank in a deal guided by O'Melve... (more story)

Residential More

GOP Bill Would Exclude Realtors, Direct Sellers From FLSA

Direct sellers and qualified real estate agents would be excluded from the Fair Labor Standards Act's definition of employee through a bill introduced by a Republican senator.

NYC Tenants Claim PE Firm Illegally Overcharged Rent

A proposed class of New York City rent-stabilized tenants alleged Wednesday that they were illegally overcharged for rent while living in 19 Manhattan and Brooklyn residential properties operated by real estat... (more story)

Colorful, connected apartment buildings
'Strong Possibility' DC Voters Would Favor Rent Freeze

Voters in Washington, D.C., would likely approve an initiative to freeze apartment rents that recently survived a court challenge and may appear on a ballot in the spring, though the measure would harm the dis... (more story)

NC City Public Housing Chief Loses Race Bias Suit

A North Carolina federal judge tossed a race discrimination and breach of contract suit lawsuit filed by the former chief executive officer of a city's public housing authority, holding that she failed to alle... (more story)

Detroit Judge Orders RealToken Tenant Out Of Unsafe Home

A Detroit Judge ordered a longtime tenant to leave a RealToken-linked duplex by Oct. 23 after finding the property uninhabitable, largely based on testimony from a structural engineer who said the severely det... (more story)

States Back AGs' 6th Circ. Bid To Keep RealPage Rent Claims

A contingent of 25 states is backing a Sixth Circuit appeal from several other state-level enforcers challenging settlements in private litigation that could block them from seeking damages over claims that la... (more story)

Activist Investor Slams $8.1B IRT-Centerspace REIT Merger

An activist shareholder of Independence Realty Trust is urging fellow stockholders to reject a proposed, all-stock merger between the real estate investment trust and another multifamily operator, Centerspace,... (more story)