Expert Analysis

Hurricane Coverage Ruling Clarifies Appraisal Scope In Fla.

In a case involving property insurance for hurricane damage, a Florida federal court recently enforced policy limi... (more story)

Feds May Have Overstepped In Suit Against Mortgage Lender

The U.S. Department of Justice's lawsuit against Rocket Mortgage goes too far in attempting to combat racial bias ... (more story)

Foreclosing Lenders Still Floating In Murky Legal Waters In NY

The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weig... (more story)

Commercial More

Suit Alleges Fraud In Scuttled Deal Over Calif. Pot Grow

A California company is looking to claw back a $250,000 down payment to purchase a cannabis entity's cultivation operation, claiming a grower and others involved in the failed deal conspired to take the money,... (more story)

NJ Power Broker, Attys Demand Wiretap Docs In RICO Case

George E. Norcross III, a politically influential insurance executive in New Jersey, and others accused alongside him of a massive racketeering scheme demanded Wednesday that state prosecutors turn over comple... (more story)

The sun sets on Tucson, Arizona. The city will be the site of the Mosaic Quarter Sports Complex, with its developer Knott Development recently receiving a $425 million loan from CTL Capital LLC for the project. (iStock)
3 Firms Guide $425M Loan For Ariz. Sports Complex Project

CTL Capital LLC loaned $425 million to Knott Development for its Tucson, Arizona, sports complex project, with the deal receiving guidance from Thompson Hine LLP, Goulston & Storrs LLP and Snell & Wilmer LLP.

MVP: Latham's Michelle Kelban

Michelle Kelban, co-chair of Latham & Watkins LLP's real estate group, helmed a $2 billion construction financing for Cain International and guided Ares Management's blockbuster purchase of GCP International, ... (more story)

Calif. Hotel Wants To Stay Open Through Another Ch. 11

A California judge on Tuesday asked bankrupt San Jose hotel owner SC SJ Holdings for more information about who owns the cash management account that the debtor wants to use to keep operating during its second... (more story)

Ohio Board OKs Income Approach In Two Theater Valuations

Two Ohio movie theaters should be valued using the income approach to valuation applied by a county appraiser, the state tax board said in separate rulings involving two counties.

PierFerd Adds FisherBroyles RE Partner To DC Shop

Pierson Ferdinand LLP has added a FisherBroyles LLP partner who works with real estate financing and transactional matters to its Washington, D.C., team, the firm announced Tuesday.

Residential More

2nd Circ. Doubts Error In Tenant Screener's FHA Suit Win

A Second Circuit panel appeared skeptical Wednesday that a Connecticut federal judge used the wrong analysis to find that a tenant screener's criminal history reporting practices do not violate the Fair Housin... (more story)

Split Ohio Supreme Court OKs Power Co.'s Herbicide Use

The Ohio Supreme Court on Wednesday reversed an early win for landowners in a case against Ohio Edison Co. that had sought to stop the company from using herbicide on their property to clear space for power lines.

Extell Development plans to tear down a 24-story office building on Madison Avenue in Manhattan to make way for a 37-story tower with commercial and residential uses. (iStock.com/venemama)
Extell To Tear Down Madison Ave. Office For Mixed-Use Tower

Extell Development plans to demolish an office building on Manhattan's Madison Avenue and erect a mixed-use tower with apartments on the site, according to New York City records filed this week.

NJ Court Must Revisit Assessor's Workplace Retaliation Claim

A New Jersey trial court must revisit a municipal tax assessor's workplace retaliation claim as the case used by the court in its decision doesn't exempt assessors from the state's employee protection law, an ... (more story)

UK Biz Owes Taxes On £200M Sale Of Lease, Court Affirms

A U.K. property company owes tax on its intragroup purchase of a lease for a 50-story apartment tower in central London for £200 million ($253 million) despite its tax advisers' promise of a tax-free step-up i... (more story)

Boston Mayor Touts Property Tax Relief Bill Before Panel

Massachusetts lawmakers should allow Boston to adjust its property tax calculations to stabilize the share borne by residences, mitigating an impending tax hike, and boost a business personal property tax exem... (more story)

Online Lenders, Contractor Face Service Members' Fraud Suit

California-based contractor Multitaskr Construction Inc. and several online lending companies were hit with a consumer lawsuit in California federal court alleging they conspired to originate lucrative fraudul... (more story)