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The Department of Homeland Security paid Rockefeller Group $70M for this warehouse in Surprise, Arizona.
News

ICE Looks To Offload $700M In U.S. Warehouses As Detention Overhaul Unravels

... progress, The Washington Post reported in May. Maryland Attorney General Anthony Brown sued DHS in February over its failure ... subsequently froze the conversion of that facility, and similar legal challenges were pending in New Jersey, Michigan and Arizona ...

Jun 18, 2026
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Rendering of DataBank's Red Oak campus.
News

DataBank Closes On $1.45B In Financing For 2 Deals: The DFW Deal Sheet

... the closed revolving credit facility will be used for general corporate purposes, including working capital needs, capital expenditures, ... placement agents. Davis Polk & Wardwell LLP served as legal counsel to DataBank on both transactions. SALES Oncor ...

Jun 15, 2026
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New Georgia Bill Would Bar Localities From Restricting Existing Short-Term Rentals
News

New Georgia Bill Would Bar Localities From Restricting Existing Short-Term Rentals

... or outlaw them. “It’s necessary to protect the legal rights of property owners in the state of Georgia, many ... professor at Georgia State University's Urban Studies Institute. “In general, the state should allow local governments to regulate short-term ...

Feb 14, 2024
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Mayor Eric Adams
News

Justice Department Orders Eric Adams' Bribery Charges To Be Dropped

... order “without assessing the strength of the evidence or the legal theories on which the case is based.”  The letter said ... the dismissal.  “To be clear, we did not discuss my legal case,” Adams said in a statement following the meeting. “Those ...

Feb 11, 2025
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Impact Funds Lose Steam With Investors, But Study Shows Their Buildings Perform Better
News

Impact Funds Lose Steam With Investors, But Study Shows Their Buildings Perform Better

... plans for Section 8 voucherholders cut vacancy loss and reduced legal expenses, in some cases increasing net operating income by 13 ...

May 20, 2026
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Paramount Plaza
News

Paramount Group Replaces CFO As Office REIT Considers Path Forward

... , chief financial officer and treasurer and senior vice president, general counsel and secretary. In Paes’ place, Ermelinda Berberi, ... its financial adviser and Latham & Watkins LLP as its legal adviser for the strategic review. Paramount CEO and Chairman ...

May 19, 2025
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'Big, Beautiful Bill' Could Preempt State, Local Bans On Rent-Setting Algorithms
News

'Big, Beautiful Bill' Could Preempt State, Local Bans On Rent-Setting Algorithms

... estate firms that use its platform have faced considerable legal and political scrutiny since a 2022 ProPublica investigation ... say anti-housing.” Requests for comment from the attorneys general offices in Colorado and California were not returned before ...

May 15, 2025
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Heitman Launches Self-Storage Strategy, Acquires 79-Asset Portfolio: The Chicago Deal Sheet
News

Heitman Launches Self-Storage Strategy, Acquires 79-Asset Portfolio: The Chicago Deal Sheet

... new construction." PEOPLE McHugh Construction hired Alec Miller as its general counsel. Miller, who has over 20 years of experience in ... the field, will lead the firm’s legal, risk management and compliance functions. In the role, he will ...

May 12, 2026
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‘Sue First, Ask Questions Later’: Biometric Data Collection Could Cost CRE Millions — Even If It Follows The Rules
News

‘Sue First, Ask Questions Later’: Biometric Data Collection Could Cost CRE Millions — Even If It Follows The Rules

... should be paying attention to developments in a rapidly changing legal landscape. Especially this year, state privacy laws have ... said.  As of December, there are 12 states with general privacy laws that include sections on biometric data collection, Tene ...

Dec 17, 2023
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Pair Of Chicago-Area Hospitals Face Eviction Over $25M In Unpaid Rent
News

Pair Of Chicago-Area Hospitals Face Eviction Over $25M In Unpaid Rent

... up.  Resilience Healthcare is in the middle of a legal dispute between its majority and minority owners. Rathnaker Reddy ... its primary care clinics first, then open specialist clinics. General surgery services are expected to restart next week, but the ...

Apr 15, 2026
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