Stonepeak plans to buy a 50% noncontrolling stake in Dominion Energy's Coastal Virginia Offshore Wind project for $3 billion and split construction costs with the electricity giant in a deal powered by three law firms, the companies announced.
The Houston multifamily market grew in the fourth quarter of 2023 thanks to the city's burgeoning population and job market, according to a recent CBRE report.
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 Federal Trade Commission wants more information on storage container giant WillScot Mobile Mini's plan to snap up business-to-business storage rental company McGrath RentCorp. for somewhere in the neighbor... (more story)
A Texas resident has urged a New York federal court to vacate a January order holding him liable for a guaranty of a $64 million loan borrowed to fund a now-foreclosed 3M office campus, arguing that the newly ... (more story)
Executives with luxury hotel real estate investment trust Host Hotels & Resorts Inc. said during an earnings call Thursday that the company is stocked with capital and ready to grow the company through acquisi... (more story)
The former head of troubled real estate firm HFZ Capital Group has pled not guilty in New York state court to dozens of criminal charges alleging he spearheaded a series of theft and tax fraud schemes that net... (more story)
Starwood Property Trust executives told investors that as interest hikes continue to bear heavily on regional banks, the real estate investment trust sees opportunities in middle-market lending, a gap the regi... (more story)
Venable LLP announced Wednesday the hiring of a former partner at Smith Gambrell & Russell LLP for its construction law group in New York.
The daughter of a Brazilian heiress must face claims that she stashed money for her mom to avoid a nearly $20 million court judgment, after a Colorado state judge said a creditor has alleged enough signs of fr... (more story)
The head of a Russian-state-owned bank has been charged in New York federal court with evading economic sanctions by conspiring with others to maintain his two super-yachts and a luxury home in Aspen, Colorado... (more story)
Federal officials in South Florida announced Thursday that they have initiated forfeiture proceedings against two condominium units located in Miami, saying that they're owned by a pair of Russians who were pr... (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 Texas land developer is fighting back against a high-profile predatory lending lawsuit filed by the U.S. Department of Justice and Consumer Financial Protection Bureau, telling a Houston federal judge that t... (more story)
California says it plans to seek sanctions against Huntington Beach, California, alleging that a cross-petition filed by the city was a clear attempt to delay proceedings amid the state's case alleging Hunting... (more story)
Northwind Group has wrapped up a $111 million mortgage deal that uses The Hawthorne — a 17-story, 67-unit Houston residential condominium building — as collateral, the private equity firm announced.
A Missouri appeals court remanded a lower court's decision over whether a father's farm insurance covered the $1 million in damages inflicted on his daughter after an ATV accident, saying that the central ques... (more story)
A D.C. federal judge on Thursday ruled that the U.S. Department of Agriculture inappropriately altered its program designed to stop the development of wetlands on farmland and struck down those regulations.
A California state judge issued a directed verdict for Coldwell Banker's Orange County division in a case where a rival real estate company accused it of poaching employees and stealing trade secrets.
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)