
Trump Proposes Massive Cuts To Federal Housing Assistance
The Trump administration outlined $163 billion in cuts to non-defense government spending next year in a Friday memo from the Office of Management and Budget, including significant cuts to federal rental assistance to shift responsibility for the programs to states.

Ripe For Revitalization, Owners Transform Class B Malls
Class B malls are the subject of renewed focus as owners and developers add residential, hotel, medical, entertainment, and food and dining uses to properties in an effort to reverse sinking vacancy rates at the decades-old assets.

Equity Sees Housing Shortage As Shield Against Uncertainty
Equity Residential executives on Wednesday said the rental giant in the first quarter saw record-low levels of resident turnover along with higher year-over-year occupancy, and is expecting a lack of U.S. housing supply to insulate from unfolding economic uncertainty.
Commercial More
The sellers of a Miami rental property asked the Eleventh Circuit to reverse a $1.5 million judgment against them over the breakdown of a $5.45 million sale of the property, arguing that the buyer failed to pr... (more story)
The monthly leasing volume of Manhattan office space reached 3.38 million square feet in April, marking a decline since the beginning of March, but an expected one, according to a Colliers report.

Executives across a wide range of real estate industries recently said President Donald Trump's tariffs would result in cost increases — some providing single-digit expected jumps — and some companies have bee... (more story)
A would-be Michigan dispensary has dropped its suit alleging that the city of Auburn Hills violated a voter-approved ordinance by awarding a cannabis license to a company it had previously said didn't fit the ... (more story)
Construction spending in March fell slightly from the prior month to a seasonally adjusted annual rate of $2.196 billion, with slightly reduced spending along nearly all the private and public construction sub... (more story)
The Phoenix industrial market saw 7.3 million square feet of new space delivered in the first quarter, while new construction slowed to its lowest level since 2020, balancing one of the top U.S. markets for ne... (more story)
Nixon Peabody LLP has appointed a more than 20-year veteran of the firm as its Washington, D.C., office managing partner, who focuses his practice on a range of corporate, finance and real estate matters, acco... (more story)
Residential More
A Charlotte public housing authority and one of its supervisors asked a North Carolina federal judge to rule in their favor ahead of trial over discrimination and retaliation claims brought by one of the autho... (more story)
A federal judge has dismissed a lawsuit alleging Thomson Reuters violated the New Jersey judicial privacy measure Daniel's Law, finding the plaintiffs failed to properly serve the Canadian organization.

Developer PMG obtained a $413 million construction loan for the developer's luxury, mixed-use One Twenty Brickell Residences project in Miami in a deal guided by PMG's in-house counsel, Kramer Levin Naftalis &... (more story)
Developers Charney Cos. and Tavros, advised by Goldberg Weprin Finkel Goldstein LLP, have bought a fully permitted development site in Brooklyn's Gowanus neighborhood from RFR, led by Fried Frank Harris Shrive... (more story)
A group of community associations has told the Fourth Circuit they aren't opposed to a government motion to pause litigation over the Corporate Transparency Act, even as they maintained the information disclos... (more story)
A Florida appellate panel ruled in favor of a condominium association in a lawsuit over a noise dispute between a family caring for their autistic son and a neighbor, finding no evidence that the family faced ... (more story)
A Florida state appeals court upheld the dismissal of a condo's Hurricane Irma damage lawsuit against a Florida entity created to handle the claims for insolvent insurers, finding it was time-barred.