Former President Donald Trump has been ordered by a New York judge in his civil fraud trial to pay nearly $364 million in damages for exaggerating the valuation of his real estate holdings in order to get favorable lending terms between 2011 and 2021. Judge Arthur...
The MBA chief’s calling out the Biden administration’s housing policies, the Toronto mayor’s contemptuous defense of a massive residential property tax and an unlikely setting for weddings. From the wild and wooly world of real estate, here are the Hits and Misses for...
The New York City Transit Authority has filed a lawsuit against Westfield Corp. to prevent it from terminating its operations at the lower Manhattan commuter hub Fulton Center less than halfway into its 20-year lease. Fulton Center currently has 68 retail tenants....
The law firm Dorsey & Whitney LLP announced the hiring of Michael Fritz as a partner in the real estate group in Phoenix. Fritz’s practice focuses on commercial real estate and capital market transactions, as well as general corporate counseling. He advises...
CBRE Group Inc. (NYSE:CBRE) announced the $6.5 million sale of the Stafford Avenue Business Park, a three-building light industrial complex located in Scranton, Pennsylvania. The property is based on an 11.75-acre site and consists of three buildings ranging in size...
The Capital Markets Group at JLL (NYSE:JLL) has secured the $395 million refinancing of 70 Pine St., a landmarked 66-story property in the heart of New York City’s Financial District. The property was built in 1932 as the offices of Cities Service Company (later known...
