Property Plays: Venterra, Bank OZK, McCraney
Major Ruling Against NAR, Agents Could Boost Proptech
REIT Touts Boardroom Change Amid Fight With Ousted Chair
Property Plays: Venterra, Bank OZK, McCraney
Venterra Realty has picked up a Florida multifamily property, Bank OZK has loaned $173.5 million for a Florida residential condo project and McCraney Property has landed $80 million in financing for a Georgia industrial park.
Major Ruling Against NAR, Agents Could Boost Proptech
While a recent $1.8 billion verdict slamming the National Association of Realtors and a pair of brokerages for conspiring to boost agent commissions appears likely to disrupt the home sales industry, it could also carve out a bigger role for technology, so often viewed as a disrupter itself.
REIT Touts Boardroom Change Amid Fight With Ousted Chair
Silver Star Properties REIT Inc. defended its choice to force out its former CEO in statements to shareholders this week, as the real estate investment trust's directors try to avoid the possibility of facing off against the ousted executive at a stockholders meeting election next year.
Expert Analysis
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Commercial More
A Louisiana federal judge denied a property owner's bid to immediately appeal her ruling compelling arbitration of its bad faith claims against its insurers, in a case centering on millions of dollars' worth o... (more story)
A trio of airline executives pled guilty to accepting bribes from a company in exchange for agreeing to help the company obtain contracts from the airline at Newark Liberty International Airport, federal prose... (more story)
The lenders that acquired the Times Square Margaritaville resort in a recent auction told a New York court that they have full control over the property, though the developer claims otherwise.
The Michigan Court of Appeals sided with the charter township of Port Huron in its suit over a local married couple's allegedly illegal animal farm, ruling that the married couple couldn't cite the state's Rig... (more story)
A New York judge on Friday allowed Donald Trump to call more experts in his civil fraud trial defense case, including a real estate broker friendly with the former president, but rejected Trump's attempt to pu... (more story)
A woman says Radisson Hospitality and its subsidiary hotel brands should be held liable for enabling her to be trafficked for sex at their Texas locations, according to a new federal lawsuit that adds to the g... (more story)
Vantage Data Centers will soon begin work on a facility in San Antonio for $157 million, according to project plans filed with the state, in what appears to be its first data center in Texas.
Residential More
A Louisiana federal judge has denied a bid by attorneys who missed a deadline to rescind his order tossing two defendants and forcing arbitration in a case over more than $11 million in hurricane damage to an ... (more story)
Three Georgia counties that accused Wells Fargo of upholding discriminatory lending and foreclosure practices have asked the court to dismiss their suit with prejudice, noting that the dismissal is not the res... (more story)
A Pennsylvania federal judge granted Fannie Mae a summary judgment this week in a foreclosure case involving a roughly $13.8 million default on the mortgage for an apartment building near Philadelphia because ... (more story)
A D.C. Circuit panel seemed skeptical during oral arguments Friday that a deal between the National Association of Realtors and the U.S. Department of Justice ending an antitrust investigation meant the agency... (more story)
A condominium association fighting its insurer for almost $1.2 million in storm damage coverage asked a Florida federal court Friday to exclude testimony from one of the carrier's witnesses, arguing she is unq... (more story)
Colorado's securities commissioner is seeking an injunction against a vacation property investment business that "resorted to misleading investors" about deals to buy up properties in New York, Hawaii and othe... (more story)
An insurer told a federal court that it should not have to defend or indemnify a property manager against a lawsuit alleging the manager should have known about potential mold exposure in a home it rented out ... (more story)