S. Florida Confronts A True Ripple Effect In Real Estate Crush
Much attention has focused on how the migration of wealth to South Florida has driven up real estate values and spurred construction, especially at the highest reaches of the residential market, but the impact also extends beyond dry land.
1 Year Later, How Tariffs Have Crept Into Real Estate Contracts
In the year since President Donald Trump's Rose Garden announcement of sweeping worldwide tariffs last April, real estate and construction lawyers have wrestled with how duties or potential duties fit into clients' deals, and sources recently shared more than half a dozen contract examples from the past year with Law360 Real Estate Authority.
Hotels And Landlords Get Set For FIFA World Cup
With the FIFA Men's World Cup beginning in less than three months, hotels and real estate owners have for years been laying the groundwork to make the most of the expected burst of economic activity, despite more recent concerns over immigration policies and geopolitical turmoil.
Commercial More
Wells Fargo Bank is considering mediating and settling its suit against JPMorgan Chase Bank and a New York City developer over a $481 million commercial mortgage-backed securities loan deal that allegedly caus... (more story)
Morrison Foerster LLP advised BHI on its origination of a $167 million loan for Yellowstone Real Estate Investment's adaptive reuse project which will transform a Manhattan office building into a multifamily b... (more story)
Clifford Chance, Wachtell and DLA Piper are among more than two dozen law firms that guided the biggest real estate and hospitality mergers announced in the first quarter, with the largest deal exceeding $10 billion.
Asset manager Nuveen on Tuesday agreed to anchor a $240 million portfolio for New Jersey-based commercial solar company Solar Landscape in a deal that follows another transaction between the firms last year.
Jack in the Box Inc. urged a Washington state judge to temporarily bar two franchisees from closing dozens of locations across the state, claiming that they owe nearly $1.4 million in unpaid marketing fees and... (more story)
Maryland told a federal court once again that it must stop the U.S. Department of Homeland Security and its U.S. Immigration and Customs Enforcement agency from converting a local commercial warehouse into an ... (more story)
Patterson Belknap and Wachtel Missry are among various law firms that steered the largest New York City real estate deals that hit public records last week, with a nine-figure Manhattan matter leading the way.
Residential More
Texas-based multifamily housing developer Lurin has retained a team from Porter Hedges LLP to represent it and its affiliates after entering bankruptcy with over $73 million in debt to stave off impending foreclosures.
The current owner of an $86 million loan wants to foreclose on JDS Development Group's Miami mixed-use project that has Mercedes-Benz branding, according to a foreclosure suit filed in Florida state court agai... (more story)
Carmel Partners managed to raise $1.35 billion for its U.S. multifamily real estate fund, which has been used to buy nine properties, the real estate investment management company announced Tuesday.
A member of a Native American tribe has filed a lawsuit in Michigan federal court against two real estate companies that provide "hotel-style" apartments, saying the "dehumanizing" racial abuse he was subjecte... (more story)
Homebuilder United Homes Group Inc. faces a proposed investor class action alleging the company hid that its former CEO schemed to devalue the company as he gunned to sell it off, leading to a proposed sale th... (more story)
A Denver-area homeowners association hasn't shown conclusively that losses during a 2018 hailstorm were incurred during its policy period or that its insurer failed to investigate the complex's claim, a Colora... (more story)
The Justice Department has asked a North Carolina federal court to grant final approval to its settlement with LivCor LLC, a subsidiary of Blackstone, which would resolve allegations that the landlord used Rea... (more story)