Calif. Attys See Policy Split For Infill, Greenfield Projects
While changes to the California Environmental Quality Act approved last month could make developing infill housing easier, other legislation in the works might make building greenfield housing tougher, according to Nossaman LLP attorneys observing the legislative session.
Why Private REITs Are Having A Moment
Investments in private real estate investment trusts are surging, and that trend may strengthen as state regulators mull limiting investments in other, quasi-public REITs, while securities regulators have recently eased accreditation requirements for investors raising private capital.
Record Crypto Deal Sought For California Property
California's Manhattan Beach is best known for surfing and beach volleyball, but a local real estate listing is making a play for attention, as the seller's willingness to accept cryptocurrency for the $12 million asking price could set up the state's largest real estate deal closed using digital currency, according to its brokers.
Calif. Attys See Policy Split For Infill, Greenfield Projects
While changes to the California Environmental Quality Act approved last month could make developing infill housing easier, other legislation in the works might make building greenfield housing tougher, according to Nossaman LLP attorneys observing the legislative session.
Why Private REITs Are Having A Moment
Investments in private real estate investment trusts are surging, and that trend may strengthen as state regulators mull limiting investments in other, quasi-public REITs, while securities regulators have recently eased accreditation requirements for investors raising private capital.
Record Crypto Deal Sought For California Property
California's Manhattan Beach is best known for surfing and beach volleyball, but a local real estate listing is making a play for attention, as the seller's willingness to accept cryptocurrency for the $12 million asking price could set up the state's largest real estate deal closed using digital currency, according to its brokers.
Expert Analysis
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Commercial More
A Brooklyn federal judge refused to change the parameters of upcoming retrial proceedings that could put Wachtel Missry LLP on the hook for a much greater share of a $26 million verdict for a former partner's ... (more story)
A federal bankruptcy judge in New York on Friday explained his decision to move the Chapter 11 case of a Detroit hospital developer from his courtroom to Michigan, saying that considerations including the conv... (more story)
Real estate transaction attorneys should heed the federal government's growing focus on farmland for national security reviews and understand the associated risks, even if their client is a U.S. buyer, accordi... (more story)
A South Carolina property owner sued its business partner in North Carolina federal court, accusing the company of failing to carry out its promise to develop about 75 acres of land after the county designated... (more story)
A Texas appeals court affirmed Thursday a finding that the former owner of a $10 million ranch knew about a roof leak before selling the property to "Yellowstone" creator Taylor Sheridan, but found there was i... (more story)
A Texas farmer isn't owed compensation for a portion of the U.S.-Mexico border wall that the government built on her land in 2008, the Fifth Circuit ruled Thursday.
New Jersey urged a federal court to toss a suit brought by a coalition of nearly two dozen Garden State municipalities challenging a provision of the state's affordable housing framework, saying their claims a... (more story)
Residential More
Pullman & Comley LLC didn't discover that the executive director of a Connecticut municipal housing authority had allegedly forged a connected company's $16.2 million loan application before penning a letter c... (more story)
A New York state court resolved a dispute between bondholders in 34 residential mortgage-backed securities trusts about how to handle repayment of principal amounts deferred during the 2008 financial crisis, s... (more story)
A new California law that took full effect on July 1 requires landlords to document a residential unit's condition — with photos — at move-in, move-out, and after cleaning or repairs. As it so happens, a techn... (more story)
Go Residential Real Estate Investment Trust began trading Friday after the newly created Canadian REIT priced a $410 million initial public offering at $15 per trust unit.
A Florida federal judge rejected a New York federal judge's two-paragraph request to revive his defamation suit against former members of a condominium board in a feud over renovations, finding that the New Yo... (more story)
A company that owns an apartment building in California's Central Coast region has launched a Chapter 11 case with between $50 million and $100 million each in assets and liabilities.
Massachusetts federal prosecutors said Friday that they have sold a $7.5 million mansion that belonged to a fugitive trader who was charged in 2015 with funneling $67 million in assets from his employer to himself.