Can America Love Manufactured Housing? It's Complicated
Manufactured housing communities, or MHCs, are the contemporary incarnations of the mobile home and trailer parks of yore, but, with quality now drastically improved, they are increasingly attracting the attention of government officials and interest groups seeking to address the housing crunch.
$108B Of Real Estate May Be Underwater In 80 Years
Scientists project that over a million U.S. coastal properties worth more than $108 billion will sink at least partly below the tide line by 2100, according to an analysis by the nonprofit Climate Central.
Austin Reviews Short-Term Rental Rules After 5th Circ. Ruling
City officials in Austin, Texas, are rethinking a city ordinance regulating short-term rentals such as Airbnb and Vrbo after the Fifth Circuit found recently that New Orleans' rules wrongly discriminated against out-of-state property owners.
Commercial More
The Chicago Bears on Thursday detailed a proposal to move from Soldier Field in downtown Chicago after more than a half-century and build a $5 billion stadium and mixed-use complex in the Northwest suburb of A... (more story)
A construction subcontractor urged a California federal court to direct an AXA Insurance unit to defend it in underlying arbitration and state court actions over its work at Los Angeles International Airport, ... (more story)
A $675 million loan by Blackstone Mortgage Trust will enable the tallest building in Texas, a 74-story mix of apartments, commercial space and a hotel, to soon rise in downtown Austin.
Three conservation groups will sue the U.S. Fish and Wildlife Service for violating the Endangered Species Act by not protecting the Miami tiger beetle from a planned $100 million real estate development, acco... (more story)
Cineworld Group PLC, the world's second-largest movie theater chain, filed for Chapter 11 protection in a Texas bankruptcy court Wednesday saying it was seeking a debt-for-equity swap after the COVID-19 pandem... (more story)
Reforming the National Flood Insurance Program to better serve marginalized communities and ensure long-term support for homeowners should be a top priority for lawmakers ahead of a coming deadline to reauthor... (more story)
McGuireWoods LLP represented Citi Real Estate Funding Inc. and UBS AG on a $98 million loan to an entity affiliated with real estate agency Meyer Equities for a property with existing debt in Manhattan, accord... (more story)
Residential More
A Miami law firm and two of its attorneys saw their victory over a condo resident's debt collection suit vacated, as the Eleventh Circuit found the suit properly alleged harm in the firm's attempts to collect ... (more story)
One of Evergrande's lenders is reportedly seizing its Hong Kong headquarters, Greenbridge Investment Partners is said to have leased out 12,000 square feet at a historic Pasadena property and Goldman Sachs has... (more story)
The Minneapolis Park and Recreation Board, in a split vote Wednesday night, adopted a plan to halve the 18-hole Hiawatha Golf Course — which detractors say undercuts the links' historical significance — after ... (more story)
Wells Fargo Bank NA is suing Nationwide Mortgage Bankers Inc. in Minnesota federal court for roughly $1.2 million, claiming the company violated a loan purchase agreement when it sold Wells Fargo three mortgag... (more story)
The Federal Highway Administration and Pennsylvania Department of Transportation have asked a federal judge to deny the NAACP's and an environmental group's bid to temporarily halt a highway project in northwe... (more story)
A Connecticut federal jury wrongly conflated lying with lawbreaking when it convicted former Nomura Securities trader Michael Gramins of scheming to trick residential mortgage-backed bond buyers, his counsel t... (more story)
The National Association of Realtors told an Illinois federal court on Wednesday that it should dismiss a class action claiming its practices stifle competition, since the plaintiffs are repeating arguments th... (more story)