Dallas-based Crow Holdings LLC on Wednesday said it had raised at least $3.1 billion, beating a fundraising target, as it plans to invest in U.S. industrial, multifamily and specialty real estate assets such as self-storage and student housing, in a transaction advised by Weil Gotshal & Manges LLP.
The U.S. Supreme Court has declined to hear a case from two landlords who argue COVID-19 eviction bans passed by Washington and the city of Seattle amount to a physical taking of their property in violation of the Fifth Amendment.
Rosenthal Rosenthal Rasco LLC has wrapped up a refinancing transaction totaling over $419 million for Panorama Tower, an 85-story mixed-use residential property in Miami, the firm announced.
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)
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)
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.
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)
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 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.
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)
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)
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 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.
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.
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 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.
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.
The operator of the Panama Canal on Tuesday urged the U.S. Supreme Court to turn away a case in which $285 million in arbitral awards are being challenged over an arbitrator's "evident partiality," saying clos... (more story)
While the IRS clarified that the clean energy investment tax credit would cover eligible upgrading equipment integral to biogas properties, the industry could get a boost if final rules allow separate ownershi... (more story)
Environmentalists on Tuesday urged the Federal Energy Regulatory Commission to undo its approval of a Tennessee pipeline project that will serve a Tennessee Valley Authority gas-fired power plant that is repla... (more story)