Law360 Real Estate Authority

Law360 Real Estate Authority is the destination for expert perspectives, trending news and in-depth analysis on commercial and residential real estate.

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You can now read all six parts of Law360 Real Estate Authority's investigative series "Wall Street's Single-Family Home Grab, Phoenix." Explore how 25 corporations came to own nearly 1 in 5 single-family rental homes and the impact on the Phoenix market. https://t.co/Wn9BOxZUou

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A real estate management company has settled its suit accusing an AIG unit of failing to cover property damage at a retail complex in Calabasas, California. https://t.co/UTX1FY1goY

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The Connecticut Supreme Court allowed a municipal fair rent commission to get involved in a landlord-tenant eviction action, finding the body clearly has an interest in advocating for its statutory right to adjudicate complaints and enforce its own orders. https://t.co/Zmbh6VS5P8

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Zillow and Redfin urged a court not to presume that their $100 million partnership agreement, which is being challenged by the Federal Trade Commission and multiple states, is illegal before it holds an August trial for a consolidated antitrust suit. https://t.co/ofQsEsy4lE

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SpaceX has urged a federal court to let it intervene in a lawsuit from environmental groups opposing the company's south Texas land exchange deal with the U.S. Fish & Wildlife Service, noting its property interests are directly at stake. https://t.co/7NhUTQpHYo

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A California court scheduled what is expected to be the first trial against the state's last-resort insurer over an alleged underpayment of insurance benefits connected to the Los Angeles fires, a case that implicates pressing issues in the Golden State. https://t.co/Ct2JX05hp1

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Issues with the original design and construction of the Champlain Towers South in Surfside, Florida, lay behind the deadly partial collapse of the building, according to final technical findings released ahead of the fifth anniversary of the disaster. https://t.co/GW1ZJUToRG

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JPMorgan's construction debt on the books rose in the first quarter while Wells Fargo continued to pare its construction debt holdings during the period, showing contrasting narratives for the nation's two biggest bank holders of construction debt. https://t.co/r7khLGYzO0

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Public Storage will acquire Public Storage Canada in a $1.2 billion cash-and-shares deal guided by Wachtell Lipton Rosen & Katz, Torys LLP, Allen Matkins Leck Gamble Mallory & Natsis LLP and Osler Hoskin & Harcourt LLP. https://t.co/hQM8vUXND1

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Tragedy struck the greater Miami community when a 12-story condominium in the village of Surfside partially collapsed in the early hours of June 24, 2021, killing 98 people. The legal response that followed would prove to be stunning in its own way. https://t.co/M5Q167QDmO

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Attorneys focused on affordable housing say that bipartisan legislation to address housing affordability contains welcome tweaks to existing programs, but will not fundamentally change the market dynamics that place housing out of reach for many. https://t.co/NzeSzpij5y

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Developer Nasser Freres has secured $375 million in financing from Madison Realty Capital to build an apartment tower with a grocery store in Jersey City, New Jersey, according to borrower-side broker Walker & Dunlop. https://t.co/GVTYd1W3wS

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Blackstone has agreed to buy the Hyatt Regency San Francisco from Sunstone Hotel Investors for $279 million, about $16.5 million more than what the lodging real estate investment trust paid for the property over a decade ago. https://t.co/AcN3ADquRb

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Private equity firm Arctos Partners, a KKR unit, and its partners are working with the University of Tennessee, Knoxville on a mixed-use development that will include a club, homes, a 24-story hotel and an entertainment area spanning 100,000 square feet. https://t.co/sSaAOhIJ6I

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The U.S. House of Representatives overwhelmingly passed an amended version of landmark housing legislation focused on expanding housing supply and lowering housing costs with a 358-32 vote, putting it on the track to President Donald Trump's desk. https://t.co/64BcrMk8WH

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A quintet of partners from Cole Schotz PC is stewarding the Chapter 11 case of summer camp operator and real estate holding company. https://t.co/e9HhGChOQu

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A Michigan county did not violate the U.S. Constitution when it took the title of a home over a tax debt, then sold the home at a low price and refunded only that amount to the homeowner, the U.S. Supreme Court ruled. https://t.co/RUhMsrRI9X

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The high court found a law allowing U.S. victims of property seizures by the Cuban government to seek damages automatically abrogates the sovereign immunity of state-owned entities targeted in such cases, clearing a path for Exxon's bid for $1 billion. https://t.co/D1oqs0PEGd

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The U.S. Senate passed an amended version of landmark housing legislation focused on expanding housing supply and lowering housing costs with an 85-5 vote. https://t.co/bT31HVhE2r

[Law360 Real Estate Authority @RealEstLaw360]

Voters in Frederick County, Maryland, will not be able to have a say on a data center development zone, a state judge ruled, agreeing with developers that under the county's charter, an ordinance is not a law subject to referendum. https://t.co/jg6Jann8So

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Jeffrey Zwick & Associates PC and Romer Debbas LLP are among the law firms that helped out with the largest New York City real estate trades that hit public records last week, with a nine-figure Manhattan transaction topping the list. https://t.co/3DDq74NK6D