Partnership Offers Proptech Players Range Of Legal Expertise
Goodwin Procter LLP and the Center for Real Estate Technology and Innovation have teamed up to try to help proptech companies get in position to capitalize on a potential upswing. Law360 Real Estate Authority recently spoke with the founder and co-leader of Goodwin's proptech group and the founder of CRETI about what they think they can provide to help companies succeed.
Blackstone, Santander OK $1B Infrastructure Loan Portfolio Deal
Blackstone Inc. has acquired the interests of a $1 billion infrastructure loan portfolio from Santander Corporate & Investment Banking, the private equity giant announced Tuesday.
Nonprofit Wins Right To Buy In LIHTC Verdict Against Investor
A California federal jury allowed an affordable housing nonprofit to take possession of a 320-unit Long Beach complex built with low-income housing tax credits over arguments from an investor challenging the transfer after buying into a partnership for the development.
Commercial More
The monthly leasing volume of Manhattan, New York, office space decreased by 12.4% in November but still topped prior years, with demand set to be the strongest since the pandemic, according to a Colliers repo... (more story)
Kirkland & Ellis LLP has hired ex-Fried Frank partner Matthew Bettinger and former Schulte Roth & Zabel LLP partner Seth R. Henslovitz as new partners for its real estate team in New York City, the firm announced on Monday.
Miami Beach officials have reviewed a new plan to bring a hotel and condominium towers to the city's former Deauville Beach Resort location, with developers relying on a new state law preventing voter oppositi... (more story)
Holders of notes issued by 99 Cents Only will take a $297 million haircut, Beasley Allen dodged discovery sanctions in Johnson & Johnson's latest spinoff bankruptcy and a Mexican industrial equipment leasing g... (more story)
A property leased from the Massachusetts Port Authority to a for-profit cargo enterprise is exempt from property tax because the facility serves a public purpose, the lessee told the state's highest court Mond... (more story)
A Florida federal judge on Monday dismissed with prejudice a lawsuit against an immigration attorney over a $500,000 visa scam after the two parties filed a stipulation of dismissal.
Goodwin Procter and Blank Rome are among more than half a dozen law firms that guided the top New York City real estate deals that hit public records last week, a busy period for filings despite the holiday-shortened week.
Residential More
A consulting firm told an Illinois federal court that its insurer must reimburse it for a $7.6 million settlement with the U.S. Department of Justice relating to a lawsuit accusing the firm of allowing persona... (more story)
A nonprofit representing property owners and a group of Kingston, New York, landlords urged the state's highest court to reverse a lower court's March ruling that upheld the city's rent stabilization resolutio... (more story)
A Texas state appellate court has sided with Howard Hughes Corp. and an engineering company in an appeal brought by homeowners who claimed the companies were liable for property damage caused by Hurricane Harv... (more story)
The bankrupt developer of a housing project that was beset by landslides has settled with a construction company and a Western Pennsylvania township in exchange for finishing some of its remaining cleanup work... (more story)
The trustee handling the Chapter 11 of exiled Chinese businessman and convicted fraudster Miles Guo asked the Connecticut bankruptcy court to let him hire four agents with residential real estate firm Compass ... (more story)
A federal judge has ruled that the New Jersey judicial privacy and security measure known as Daniel's Law is constitutional, handing a defeat to a large group of data brokers accused of illegally posting judge... (more story)
A Missouri federal judge granted final approval Tuesday to the National Association of Realtors' antitrust settlement with home sellers, signing off on a $418 million payment and changes to broker commission r... (more story)