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.
Commercial More
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.
A Texas appellate court ruled that a man claiming he was cheated out of a commission for assisting in a real estate sale didn't have enough to back up his claims, agreeing Tuesday that a lower court was correc... (more story)
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)
A former member of the Cincinnati City Council convicted of bribery and attempted extortion in connection with a sports betting redevelopment project spearheaded by a former Cincinnati Bengals player can stay ... (more story)
Two forestry and sawmill companies plus a family have asked the D.C. Circuit to enforce approximately $440 million of arbitral awards they won against the Republic of Zimbabwe, saying the court "plainly" has j... (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)
Residential More
A Georgia federal judge 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 plausibly... (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 tenant screening software company racially discriminated against prospective Black residents by providing landlord and property manager users with the option to exclude housing voucher holders, according to ... (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)
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)
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)
Colorado will extend its current temporary property tax rate reductions into 2024 and will lower tax rates for future years under a bill signed by Democratic Gov. Jared Polis.