The Rise Of The SCIFs
While the office market has struggled to regain its footing in recent years, those that are purpose-built to house secure government information have continued to enjoy high demand. Federal SCIF standards are undergoing their first major update in 15 years, which could prove challenging for the secure facilities and those who advise on them.
Welltower Inks $14B Worth Of Senior Housing Purchases
Welltower Inc. is set to complete $14 billion worth of deals to acquire 700 senior housing communities with more than 46,000 total units, all in the U.S., U.K. and Canada, the real estate investment trust announced Monday.
7 Firms Steer $2.1B Take-Private Deal For Plymouth REIT
Real estate investment firm Makarora Management LP and Ares Management Corp. have agreed to acquire and take private Plymouth Industrial REIT Inc. in a $2.1 billion cash deal guided by seven law firms, coming three months after a competing buyout offer for Plymouth.
The Rise Of The SCIFs
While the office market has struggled to regain its footing in recent years, those that are purpose-built to house secure government information have continued to enjoy high demand. Federal SCIF standards are undergoing their first major update in 15 years, which could prove challenging for the secure facilities and those who advise on them.
Welltower Inks $14B Worth Of Senior Housing Purchases
Welltower Inc. is set to complete $14 billion worth of deals to acquire 700 senior housing communities with more than 46,000 total units, all in the U.S., U.K. and Canada, the real estate investment trust announced Monday.
7 Firms Steer $2.1B Take-Private Deal For Plymouth REIT
Real estate investment firm Makarora Management LP and Ares Management Corp. have agreed to acquire and take private Plymouth Industrial REIT Inc. in a $2.1 billion cash deal guided by seven law firms, coming three months after a competing buyout offer for Plymouth.
Expert Analysis
New York City property owners should proactively use the Multiple Dwelling Law and Administrative Code to maintain... (more story)
As illustrated by recent cases, New York state's grand jury rules are more favorable than their federal counterpar... (more story)
The reach of a newly effective regulation prohibiting so-called junk fees and deceptive pricing in Massachusetts w... (more story)
Commercial More
The chief of staff to former Chicago City council member Carrie Austin admitted Wednesday he misappropriated Supplemental Nutrition Assistance Program funds in a criminal case that also accused him and Austin ... (more story)
While Florida has been running ahead of the curve in real estate development across many sectors, from residential to office to industrial, the Sunshine State has not yet caught the train of hyperscale data ce... (more story)
Latham & Watkins, Eversheds Sutherland, Kirkland & Ellis and Milbank LLP guided Meta Platforms Inc.'s joint venture with Blue Owl Capital, which will fund the development of a $27 billion data center campus in... (more story)
The NBA's Dallas Mavericks launched a suit in the Texas Business Court aimed at wresting control of the American Airlines Center away from the NHL's Dallas Stars, saying the Stars forfeited their right to co-l... (more story)
The Georgia Court of Appeals found a trial court should have let a jury decide whether two solar companies were obligated to pay $150,000 per year in fixed fees to the owners of 295 acres of property in Mitche... (more story)
The bankrupt operator of dormitories at nine Georgia universities received approval Wednesday from a Delaware judge for its Chapter 11 disclosure statement and vote solicitation procedures, after the company r... (more story)
A former Cushman & Wakefield real estate broker claimed in a federal lawsuit Tuesday that she was cheated out of nearly $250,000 in pay after the company slashed her commissions and took away her top account w... (more story)
Residential More
A New York federal court Wednesday refused to order property listing company Redfin Corp. to turn over documents requested by brokerage Compass in its antitrust suit against Zillow Inc., finding that the reque... (more story)
Investors of Opendoor Technologies Inc. have asked an Arizona federal judge to give the final OK to a settlement that includes corporate governance reforms and $1.9 million in attorney fees, to end a derivativ... (more story)
Fannie Mae announced that it has elevated its deputy general counsel to acting general counsel, after the previous attorney to hold the position decided to move on from the post.
Private equity firm Warburg Pincus announced Wednesday that it has teamed up with real estate investment firm Madison International Realty to create a $300 million initiative that aims to use "liquidity soluti... (more story)
Wells Fargo, JPMorgan Chase & Co., New York City developer Meyer Chetrit and other parties submitted a proposed agreement that will get rid of most of Wells Fargo's nine-count suit accusing JPMorgan and the ot... (more story)
Federal prosecutors argued that special media restrictions aren't needed in their case against New York Attorney General Letitia James, after her lawyers called out U.S. Attorney Lindsey Halligan's texts to a ... (more story)
A former coordinator for the public housing authority in Charlotte, North Carolina, who won a $2.34 million verdict against her one-time employer for negligently retaining a supervisor who created a hostile wo... (more story)