Expert Analysis

Assessing The Future Of Colorado's Economic Loss Rule

The Colorado Supreme Court's decision to review a state appellate court's ruling in Mid-Century Insurance Co. v. H... (more story)

How Recent Laws Affect Foreign Purchase Of US Real Estate

Early diligence is imperative for U.S. real estate transactions involving foreign actors, including analysis of fe... (more story)

Reducing Carbon Footprint Requires A Tricky Path For CRE

As real estate owners find themselves caught between rapidly evolving environmental, social and governance initiat... (more story)

Commercial More

NY Judges Question Lehman's Bid To Undo CDS Trial Loss

A panel of New York appeals court judges on Wednesday appeared reluctant to undo a bench trial loss Lehman Bros.' bankrupt European unit suffered last year in a suit attempting to clawback nearly half a billio... (more story)

Judge Rejects $5.2M Atty Fee Bid In Poultry Farm Loan Suit

A New York federal judge rebuffed attorneys' attempt to collect a nearly $5.2 million fee for representing an affiliate of two billionaire brothers that accused an investment adviser of fraudulently inducing t... (more story)

Despite a rough 2023, Public Storage executives reported Wednesday that performance in some markets indicates investors will begin to see stabilization later this year. (Business Wire)
Public Storage Leaders See Hope After Post-Pandemic Dip

Public Storage executives reported Wednesday that after a tough 2023, with self-storage demand dropping from pandemic highs, performance in some markets indicates investors will begin to see stabilization later this year.

Cannabis CEOs Wasted Wealthy Russian's Money, Suit Claims

Two California businessmen who were given $145 million by a now dead Russian billionaire to begin cannabis growing operations in the state are accused of gross mismanagement and squandering his investment, acc... (more story)

CoStar, Hotel Giants Accused Of Data-Driven Price-Fixing

Hilton, Hyatt and other big name hotel operators are the target of a proposed class action alleging they colluded with hospitality industry analytics firm CoStar Group Inc. to fix prices in luxury hotel market... (more story)

Rite Aid Gets OK To End Former Queens Store Lease

Rite Aid Corp. was given permission Wednesday to reject a lease and sublease for a former store in Queens, New York, after a New Jersey bankruptcy judge found that doing so would benefit the debtor's estate.

Calif. Bill Would Let AG Audit Private Equity Healthcare Deals

California Attorney General Rob Bonta and Assembly Speaker Pro Tempore Jim Wood have filed legislation that will give the state's AG oversight of private equity and hedge fund acquisitions of healthcare facili... (more story)

Residential More

Listing Services Say Zillow Is Weaponizing Antitrust Law

A pair of regional multiple listing services have told an Arizona federal court that Zillow is trying to use antitrust law to kill competition for its ShowingTime service, which helps real estate agents and ot... (more story)

Justices Turn Away Meta Bid To End Ad Discrimination Suit

A proposed class action accusing Facebook owner Meta of permitting discrimination in choices regarding which users could see housing ads appears headed for discovery after the U.S. Supreme Court denied the com... (more story)

New York City Mayor Eric Adams is pictured. Following its Feb. 8 move authorizing its speaker to sue the mayor to make him implement regulation expanding the city's housing voucher program, the New York City Council asked a state court on Wednesday to let it intervene on the side of a proposed class of New Yorkers suing the city for the same purpose. (Photo by Michael Brochstein/Sipa USA)(Sipa via AP Images)
NYC Lawmakers Ask To Join Housing Voucher Suit

New York City Council asked a state court on Wednesday to let it intervene on the side of a proposed class of New Yorkers suing the city to make it implement laws that aim to expand a housing voucher program.

Mass. Landlords, Brokers Sued For Alleged Voucher Refusals

A national housing advocacy group on Wednesday sued 20 Boston-area landlords and real estate brokers in state court, alleging they illegally refused to rent apartments to potential tenants with housing vouchers.

Peer Street Needs To Revise Ch. 11 Disclosures, Judge Says

A Delaware bankruptcy judge sent crowd-funded real estate investment platform Peer Street Inc.'s disclosure statement back to the drawing board on Wednesday, telling the company that it needed to add more deta... (more story)

Lenders Seek To Toss NYC Condo Building's 'Bad Faith' Ch. 11

Lenders to bankrupt New York City condominium complex Hudson 888 Owner moved on Wednesday to dismiss the Chapter 11 case, saying it was filed "in bad faith" as an attempt to duck litigation.

Mass., Property Developer Strike Deal Over Wetlands Pollution

The state of Massachusetts and a nationwide residential property developer have settled claims the company caused sediment runoff in wetlands in a town about 16 miles south of Boston, in violation of the Clean Water Act.