
Hospitals Turn To Real Estate To Shore Up Finances
Hospital systems are increasingly turning to their real estate to raise money after years of rising inflation and lagging reimbursement rates, although state regulators have placed more scrutiny on such transactions.

States Accuse Zillow, Redfin Of Deal To End Competition
A coalition of states followed their federal counterparts with an antitrust lawsuit in Virginia federal court Wednesday accusing Zillow of paying Redfin more than $100 million to stop competing for the sale of rental housing advertisements on their listing services.

Davis Polk Guides $1B Manhattan Buy Across The Finish Line
New York City recently saw its first single-asset commercial real estate deal above the $1 billion mark in 2025, and a Davis Polk & Wardwell LLP lawyer who worked on the matter told Law360 that the trade is a sign of strength in the Manhattan office market.
Commercial More
Strong leasing activity in Chicago's downtown office market during the third quarter of the year set the market on target to record the highest leasing volume since the pandemic disruptions, per a report from Savills.
Thousands of home sales could be delayed or canceled as a result of the National Flood Insurance Program lapsing under the government shutdown, and homeowners could potentially be left without coverage during ... (more story)

Fermi, a real estate investment trust co-founded by former U.S. Energy Secretary Rick Perry, hit a $14.8 billion valuation Wednesday in an initial public offering for the venture that aims to build power gener... (more story)
A Connecticut state court judge has hit Johnson & Johnson with $10 million in punitive damages after a jury sided with a builder who alleged the company's baby powder caused his terminal cancer, adding the amo... (more story)
The New Jersey government defended its price-fixing claims against RealPage Inc. and multiple landlords in federal court, arguing that the defendants' collusion to jack up rents represents "cartel conduct in i... (more story)
Cajun restaurant chain Razzoo's filed for Chapter 11 protection in Texas bankruptcy court, citing consumer shifts since the COVID-19 pandemic began that have led to financial distress and made it necessary for... (more story)
The U.S. Tax Court correctly slashed a partnership's $17 million tax deduction for donating a conservation easement, the government told the Eleventh Circuit, urging it to uphold a ruling that accused the grou... (more story)
Residential More
Prominent New York City developer Meyer Chetrit and an unnamed co-defendant have been indicted on charges of harassing rent-regulated tenants in a Chelsea property, part of an alleged effort to clear the build... (more story)
Nixon Peabody LLP, Greenberg Traurig LLP and Diaz Reus LLP advised the $108.4 million sale of a recently completed luxury apartment complex along the Miami River.

This past summer was the strongest buyer's market in more than a decade, with Florida and Texas showing the most strength, according to a Monday report from residential brokerage firm Redfin.
Despite lingering questions about tariffs and interest rates, real estate companies are starting to do more deals, with the hope that interest rates will continue to fall, Saul Ewing's real estate chair recently told Law360.
A New Jersey state judge has permanently thrown out two lawsuits from multiple boroughs and townships challenging a 2024 state law laying out how much new affordable housing needs to be built, ruling the plain... (more story)
Affordable housing syndicator Boston Financial said Wednesday that it has closed one of its largest multi-investor funds in nearly two decades — a $237.1 million Low-Income Housing Tax Credit fund advised by H... (more story)
Capodagli Property Co. landed a $285.7 million refinancing from PGIM for a portfolio of four multifamily properties scattered across northern New Jersey, borrower-side adviser Greystone Capital Advisors announced Wednesday.