Executive Order Prompts Build-To-Rent 'Sigh Of Relief'
Build-to-rent's exclusion from a recent executive order targeting Wall Street's investment in the single-family market could add to its appeal for institutional investors, who were already flocking to build-to-rent, due to demand for affordable entry-level housing, its efficiency, scale and similarities to multifamily development.
Day Pitney's Real Estate Co-Chair Talks Boston CRE Market
More housing, including affordable and nonluxury units, and a cautious approach to tax policy can help Boston's commercial real estate market overcome the challenges it has faced in recent years, said the new co-chair of Day Pitney LLP's real estate practice.
Trump Order On Wall Street Landlords Floats Antitrust Review
President Donald Trump has signed an executive order directing federal agencies to avoid supporting single-family home purchases by institutional investors, calling the practice an impediment to homeownership for U.S. families.
Commercial More
A Kentucky federal court refused to toss an antitrust case from the state attorney general's office accusing RealPage Inc. and several landlords of inflating rental rates through use of the software company's ... (more story)
U.S. Realty Advisors LLC has arranged $447 million worth of "build-to-suit" financing for military technology company L3Harris Technologies, which aims to use the funds for its "ongoing construction and expans... (more story)
A mortgage origination unit of Apollo Global Management announced Wednesday it will sell a $9 billion loan portfolio to an affiliated insurance company after the real estate investment trust's stock consistent... (more story)
The delinquency rate among commercial mortgage-backed securities rose to an all-time high for office properties in January, passing a previous peak in October, according to a new report from Trepp.
A joint venture between 601W Cos. and David Werner Real Estate Investments purchased a block-long Chicago office building at an 85% discount from prior owner Brookfield's purchase price, lender Northwind Group said Tuesday.
Kansas would allow localities to increase their liquor tax rates if approved by voters in order to offset revenue losses from lowering property tax rates in the area under a bill introduced in the state House ... (more story)
The D.C. Circuit got a lesson in tribal history dating back to the 19th century as lawyers for the federal government and a Native American tribe argued Monday whether a congressional act gives the tribe compe... (more story)
Residential More
Zillow and Redfin are fighting an attempt by the Federal Trade Commission and multiple states to pause consolidated antitrust claims against the property listing companies, arguing in Virginia federal court th... (more story)
A developer locked in a battle with holdout owners of a Miami waterfront condominium wants a Florida state court to terminate the condominium association, arguing that the building, which is currently uninhabi... (more story)
With each side comparing the other to children, CoStar Group pushed back Wednesday against a new activist shareholder campaign from hedge fund Third Point that aims to force board of director changes and a res... (more story)
Kansas would put three measures out to voters that would create property tax relief if passed by the Legislature.
Moratoriums that shielded Washington renters from eviction during the height of the COVID-19 pandemic unconstitutionally forced property owners to house tenants who otherwise had no right to remain in their un... (more story)
Railroad company Norfolk Southern argued in North Carolina federal court that poor stormwater management at a nearly 1,000-home D.R. Horton development caused a July washout that canceled rail service, require... (more story)
An all-star development team pursuing a name-brand project in a prime location led to Bank OZK extending $323.8 million in financing to build a 20-story, 70-unit luxury residential project in Miami's Coconut G... (more story)