Private Equity Could Be Ace Of College Sports Real Estate
Private equity, long-established as a source of funding for professional sports, is now poised to make its entrance into college sports by fueling sports real estate and mixed-use districts adjacent to athletic facilities to generate revenue.
Landlords, Legal System Confront Surge Of Rental Fraud
Victor Petrescu, a real estate litigation partner at Levine Kellogg Lehman Schneider & Grossman LLP in Miami, discusses the increase in fraud in rental applications, how it is impacting landlords and the broader legal system, and what can be done.
Feds Aim To Put Sackett Into Practice With New Water Rules
After the U.S. Supreme Court's 2023 ruling in Sackett v. EPA set new boundaries for which bodies of water are subject to federal oversight, the Trump administration is rolling out rulemaking to put into effect the court's more limited vision.
Commercial More
The Miami Dade College board of trustees voted again Tuesday to transfer a parcel of land in downtown Miami to the state of Florida to build the Donald J. Trump Presidential Library, after saying the library w... (more story)
Asset management firm Nuveen Real Estate capped its first closed-end fund focused on commercial property debt at $650 million, beating the investment vehicle's target, the company said Tuesday.
Morrison Foerster and Gibson Dunn guided Mori Trust's blockbuster $541 million acquisition of the lower floors of 35 Hudson Yards from partners Related Companies and Oxford Properties Group, MoFo announced on Monday.
A New York investment bank accused a healthcare-focused U.K. real estate investment trust and an affiliate of owing more than $40 million after the bank found a real estate portfolio acquisition target for the... (more story)
Monsanto Co. has reached a deal to pay $120 million to the state of Illinois to resolve a lawsuit seeking to hold the company liable for polychlorinated biphenyls pollution into the state's air, water and soil... (more story)
An insurer owes more than $790,000 for damage to a hotel roof during a winter storm and resulting water damage, a Colorado property owner alleged in a suit removed to federal court, saying the carrier unreason... (more story)
Haynes Boone and Frenkel Hershkowitz & Shafran LLP guided two of New York City's largest real estate deals in the past week, which included the sale of two adjacent office towers in Flatiron and a third office... (more story)
Residential More
A group of homebuyers told a Pennsylvania federal judge that brokerage Hanna Holdings failed to show cause for escaping antitrust claims over its use of rules set by the National Association of Realtors that a... (more story)
A Michigan county violated the takings clause of the U.S. Constitution when it took title to a home over a tax debt, then sold the home at a low price and refunded only that amount to the homeowner, the homeow... (more story)
The federal government filed a proposed final judgment on Monday that aims to settle antitrust claims accusing property management software company RealPage Inc. and multiple landlords of conspiring to use Rea... (more story)
The U.S. homeowners insurance market is benefiting from a combination of moderating premium growth, reinsurance market stabilization and improved catastrophe risk management practices, global credit rating age... (more story)
A developer has landed $240 million in financing from Goldman Sachs for a 34-story mixed-income residential tower in Jersey City, New Jersey, according to JLL Capital Markets.
Boutique real estate investment manager Town Lane announced Monday it has established a new investment platform focused on senior housing properties in the U.S. after the venture launched last year with roughl... (more story)
A judge dismissed a flurry of proposed class actions alleging retailers flouted a Massachusetts law requiring that job applications include a notice of the state's ban on lie detectors, while a personal injury... (more story)