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Latest News in Real Estate
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May 22, 2026
A Florida federal judge on Thursday stayed a Buddhist group's lawsuit against the U.S. Army Corps of Engineers over an Everglades restoration project near a temple, after the $500 million funding for the project was reallocated.
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May 22, 2026
A multifamily investor admitted to playing a central role in a mortgage scheme that defrauded Fannie Mae, Freddie Mac and other lenders, pleading guilty to one count of wire fraud conspiracy in New Jersey federal court.
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May 22, 2026
The Connecticut Port Authority cannot assert sovereign immunity to dodge a subcontractor's lawsuit over unpaid work on a pier project because it is not an "arm of the state," an appellate panel found Friday.
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May 22, 2026
The Second Circuit's recent decision in Cantero v. Bank of America reflects the absence of definitiveness in mortgage escrow preemption jurisprudence, leaving lenders to navigate conflicting state rules and pricing challenges amid a deepening circuit split, say attorneys at Sullivan & Cromwell.
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May 22, 2026
North Carolina is suing an electric-car company that accepted public grant money to build a manufacturing plant in the state after it allegedly bailed on the deal, saying the company hasn't even started construction despite initially promising to have the facility running this year.
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