Within the realm of real estate investment trusts (REITs), Birmingham, Alabama-based Medical Properties Trust Inc. (NYSE:MPW) has gained a surplus amount of attention – mostly for the wrong reasons. MPT owns approximately 440 healthcare properties in the U.S. and...
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 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...
Davidson Kempner Capital Management LP, a New York City-headquartered global institutional investment management firm, is planning to launch a fund dedicated to the commercial real estate sector. According to a Bloomberg report sourced from unnamed “people with...
UWM Gives Underwriters Bigger Role in New Underwriting+ Program
