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.
Land-Use Attys Praise NYC's Modified Zoning Plan
Land-use attorneys say a revised version of Mayor Eric Adams' City of Yes plan — New York City's most comprehensive zoning overhaul in over 60 years, if approved — will speed up affordable housing production, yet they stressed a continued need for more infrastructure investment and funding.
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.
Land-Use Attys Praise NYC's Modified Zoning Plan
Land-use attorneys say a revised version of Mayor Eric Adams' City of Yes plan — New York City's most comprehensive zoning overhaul in over 60 years, if approved — will speed up affordable housing production, yet they stressed a continued need for more infrastructure investment and funding.
Expert Analysis
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Commercial More
The Illinois Supreme Court has agreed to review a lower court's decision striking state utility regulators' approval to build part of the $7 billion Grain Belt Express high-voltage transmission line.
A lender assigned insurance rights by an underlying defendant as part of a $1 million settlement told a Florida federal court that it is still owed the defendant's $1 million limit even though the defendant's ... (more story)
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)
A municipal golf course in Florida is exempt from property taxes despite a management agreement with a for-profit company, the state Supreme Court ruled Wednesday, reversing an appeals court decision.
When it convenes for the third term of the season, the Connecticut Supreme Court will hear cases that could affect the scope of the state banking department's authority to determine its own jurisdiction and cl... (more story)
The owner of a historic marketplace in the U.S. Virgin Islands, which accused certain underwriters at Lloyd's of London of denying more than $6 million in claims after an Independence Day fire, agreed to drop ... (more story)
A collections company that was assigned insurance rights as part of settled, underlying litigation concerning a real estate development in Washington state told a federal court it's entitled to over $4.4 milli... (more story)
Residential More
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)
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)
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 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)
The New York City Council's $5 billion "City for All" initiative aims to provide more funding for affordable housing development and preservation, a down payment assistance program, infrastructure investments ... (more story)