Miami Not Immune To Office Distress, Foreclosure Bid Shows
NYCB To Sell $5B In Warehouse Loans To JPMorgan Chase
Property Deals See More Scrutiny As Tip Sparks Forced Sale
Miami Not Immune To Office Distress, Foreclosure Bid Shows
In the third in a series of stories on distressed office properties in various U.S. markets, Law360 Real Estate Authority looks at what the struggles facing a newer office building in one of Miami's hippest neighborhoods mean for one of the nation’s strongest markets.
NYCB To Sell $5B In Warehouse Loans To JPMorgan Chase
New York Community Bancorp announced it has agreed to sell $5 billion worth of mortgage warehouse loans to JPMorgan Chase Bank.
Property Deals See More Scrutiny As Tip Sparks Forced Sale
The Committee on Foreign Investment in the United States is likely this year to look at additional real estate deals near government property, experts told Law360 Tuesday, a day after the White House ordered a real property divestment near a Wyoming Air Force base following national security concerns.
Expert Analysis
The Eleventh Circuit's recent decision in In re: Talal Qais Abdulmunem Al Zawawi has introduced a split from the S... (more story)
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The Internal Revenue Services' finalized Treasury Regulations addressing whether real estate investment trusts qua... (more story)
Commercial More
Toy company Funko Inc. on Thursday beat a proposed investor class action alleging it failed to disclose accurate information about problems relocating a distribution center and updating critical software, with... (more story)
A facilities management business owned by CBRE is liable for New York sales tax on its bundled services, which included sales of prewritten software, an administrative law judge said in a determination released Thursday.
As more loans head to special servicing than at any time since 2021, the loan doctors called in when CMBS deals sour — special servicers — are navigating difficult terrain. Here, attorneys, researchers and rat... (more story)
Under growing pressure from Gov. Gavin Newsom and the insurance industry, California’s top insurance regulator defended its process of implementing proposals to stabilize the Golden State’s faltering homeowner... (more story)
Three former executives who spearheaded the real estate finance arm of Truist Financial Corp. before they left for a competitor are countersuing the bank for allegedly usurping control of the business, saying ... (more story)
Harris Beach has brought a former Capital Region director for the New York State Department of Environmental Conservation into its commercial real estate practice, saying Thursday that he will tap his environm... (more story)
Former Connecticut lawmaker and deputy budget director Konstantinos "Kosta" Diamantis has been arrested on federal criminal charges, the U.S. Attorney's Office for the District of Connecticut told Law360 on Thursday morning.
Residential More
A Georgia federal judge has refused to toss an insurer's suit seeking to evade coverage of an apartment complex accused of failing to stop a mold infestation that killed a tenant, finding the insurer has plaus... (more story)
A Pennsylvania housing authority and two would-be residents acted hastily in suing the U.S. Department of Housing and Urban Development, since HUD hadn't formally threatened to pull the authority's funding ove... (more story)
Investments in San Diego's multifamily market "reversed course" in 2024's first quarter after seeing consistent increases during the previous three quarterly periods, according to a CBRE report.
A Colorado-based hedge fund owner and the former president of one of his entities have urged a Colorado state court to permanently toss a suit related to a Denver commercial housing project, arguing that they ... (more story)
Two directors of Fang Holdings Ltd. and their affiliates will have to face claims in New York of orchestrating a scheme to strip the Chinese operator of an online real estate portal of its value for personal g... (more story)
An Eleventh Circuit judge was skeptical Wednesday of the government's arguments that the Internal Revenue Service could issue a notice imposing reporting requirements on potentially abusive conservation easeme... (more story)
An Arizona federal judge has revived a consolidated securities class action accusing real estate company Opendoor Technologies Inc. of misleading investors about the benefits of its pricing algorithm software ... (more story)