Âé¶¹´«Ã½360 Real Estate Authority: Real Estate Authority Commercial /real-estate-authority/commercial?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Real Estate Authority Commercial Copyright 2025 Âé¶¹´«Ã½. en-US Tue, 10 Jun 2025 15:53:08 +0000 Amazon Plans To Invest $20B In Pennsylvania Data Centers /real-estate-authority/commercial/articles/2351538?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2351538 Amazon will invest $20 billion to build data center campuses in Pennsylvania and create 1,250 jobs, the state's governor announced. Tue, 10 Jun 2025 15:32:39 +0000 Denholtz Hires GC From Related's Property Management Arm /real-estate-authority/commercial/articles/2351422?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2351422 Denholtz announced that it has hired a new general counsel who joins from Related Cos.' property management arm and will assist the firm's capital markets, property management and asset management teams. Tue, 10 Jun 2025 15:06:46 +0000 Davis Wright Guides Bluespring Deal Creating $1.4B Firm /real-estate-authority/commercial/articles/2351399?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2351399 Bluespring Wealth Partners, advised by Davis Wright Tremaine LLP, announced Tuesday it will buy a Texas-based wealth management firm affiliated with Kestra Financial and then merge it into its existing wealth management platform, LifeBridge Financial Group, establishing an investment advisory firm with $1.4 billion in assets under management. Tue, 10 Jun 2025 14:51:56 +0000 Petersen Health Ch. 11 Liquidation OK'd After $6.7M CEO Deal /real-estate-authority/commercial/articles/2351250?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2351250 A Delaware bankruptcy judge on Tuesday signed off on nursing facility operator Petersen Health Care's Chapter 11 liquidation after the debtor reached a $6.7 million settlement agreement with its founder and CEO, overruling an objection by the U.S. Trustee's Office that argued approval of the plan would be premature. Tue, 10 Jun 2025 14:08:20 +0000 Biopharma Co. Unit Hopes To Shed Empty Facilities In Ch. 11 /real-estate-authority/commercial/articles/2351537?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2351537 A subsidiary of biopharmaceutical manufacturer National Resilience Holdco Inc. filed for Chapter 11 protection Tuesday in Delaware bankruptcy court with a reorganization plan involving shutting down offices, manufacturing sites and labs it described as "underutilized." Tue, 10 Jun 2025 12:59:49 +0000 REIT Sunstone Unloads New Orleans Hotel Needing Refresh /real-estate-authority/commercial/articles/2351242?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2351242 California real estate investment trust Sunstone Hotel Investors said Monday that it has sold its Hilton New Orleans St. Charles hotel for $47 million as the property is due for a renovation. Mon, 09 Jun 2025 22:29:24 +0000 Mexico Fights $47M Award, Claims Treaty Misinterpreted /real-estate-authority/commercial/articles/2351136?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2351136 Mexico has urged the D.C. Circuit to overturn a lower court order instructing it to pay a $47 million arbitral award issued to a Canadian lender after Mexican courts failed to halt a purportedly fraudulent scheme that caused the cancellation of loans for three real estate development projects. Mon, 09 Jun 2025 19:31:38 +0000 3rd Circ. Rejects Ralph Lauren's COVID-19 Coverage Appeal /real-estate-authority/commercial/articles/2351193?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2351193 The Third Circuit on Monday rejected a consolidated appeal from Ralph Lauren Corp. and luggage retailers Tumi Inc. and Samsonite LLC over property insurance coverage for COVID-19-related losses, finding a New Jersey Supreme Court decision from January 2024 wholly settled the matter. Mon, 09 Jun 2025 18:41:45 +0000 Tax Court Backs Penalties In $24M Georgia Easement Feud /real-estate-authority/commercial/articles/2351228?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2351228 An Internal Revenue Service agent properly followed the procedure to secure timely supervisory approval to impose penalties against a partnership for incorrectly claiming a $24 million charitable tax deduction on its Georgia conservation easement donation, the U.S. Tax Court said Monday. Mon, 09 Jun 2025 17:52:19 +0000 NYC To Build Marine Terminal At Site Of Former Jail Barge /real-estate-authority/commercial/articles/2350842?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2350842 New York City officials announced plans Monday to build a marine terminal at the site of a decommissioned jail barge that's been sitting empty in Hunts Point since 2023 as part of an ongoing effort to encourage the transportation of goods via city waterways. Mon, 09 Jun 2025 17:49:43 +0000 Industrial Pipeline Shrinks, With Biggest Markets Hit Hardest /real-estate-authority/commercial/articles/2349468?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2349468 The construction pipeline for industrial properties shrank dramatically during the past four quarters, with the steepest changes to new supply seen in the country's largest industrial markets, per a report from Colliers. Mon, 09 Jun 2025 17:19:18 +0000 Liquidation Trustee Sues BofA, Others In Ch. 11 Ponzi Fallout /real-estate-authority/commercial/articles/2351008?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2351008 The liquidation trustee for the bankrupt National Realty Investment Advisors LLC accused Bank of America and other parties in New Jersey bankruptcy court of aiding or participating in the developer's $664 million Ponzi scheme. Mon, 09 Jun 2025 17:11:45 +0000 Charter School Funding Firm Hits Ch. 11 With Up to $50M Debt /real-estate-authority/commercial/articles/2350854?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2350854 Charter School Capital Inc., a company that provides funding for charter schools across the country, filed for Chapter 11 protection in Delaware bankruptcy court with up to $50 million in debt, saying it plans to sell the business through the case. Mon, 09 Jun 2025 16:49:32 +0000 Insurers Must Pay For $7.3M Hail Loss, Property Owner Says /real-estate-authority/commercial/articles/2350621?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2350621 A dispute among insurers over when a Texas shopping center was damaged in a hailstorm has left the center short of full coverage for a $7.3 million loss, and the owner wants a federal court to ensure that the carriers found responsible will cover what they owe. Mon, 09 Jun 2025 16:21:55 +0000 Feds Argue Koi Nation's Historic Ties Justify Calif. Land Trust /real-estate-authority/commercial/articles/2350245?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2350245 The Interior Department is looking to dismiss a challenge to its decision to take 70 acres into trust for a proposed tribal hotel and casino project in Sonoma County, California, telling a federal court that the Koi Nation has a significant historical connection to the site. Mon, 09 Jun 2025 14:08:07 +0000 NYC Real Estate Week In Review /real-estate-authority/commercial/articles/2350718?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2350718 Hunton Andrews and Keusch Âé¶¹´«Ã½ are among the firms that guided the largest New York City real estate deals that hit public records last week, with a nine-figure Manhattan matter leading the way. Mon, 09 Jun 2025 13:41:25 +0000 SEC Signals Opening For Private Fund Investment Reform /real-estate-authority/commercial/articles/2346166?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2346166 At SEC Speaks in late May, the U.S. Securities and Exchange Commission made clear that it's considering allowing registered funds of private funds to be offered broadly to true retail investors, meaning existing funds should review their disclosures focusing on conflicts of interest, liquidity and fees, say attorneys at Stradley Ronon. Mon, 09 Jun 2025 13:11:59 +0000 3 Firms Guide Blackstone Stake, Refi At Trophy NYC Tower /real-estate-authority/commercial/articles/2350832?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2350832 Blackstone has acquired a $1.4 billion, 46% stake in Fisher Brothers' 1345 Avenue of the Americas tower in a transaction advised by Fried Frank Harris Shriver & Jacobson LLP, Paul Hastings LLP and Dechert LLP. Mon, 09 Jun 2025 13:02:03 +0000 Iowa Expands Property, Sales Tax Breaks For Data Centers /real-estate-authority/commercial/articles/2350919?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2350919 Iowa expanded property tax and sales and use tax breaks for data centers to include leased facilities under legislation signed by the governor. Fri, 06 Jun 2025 21:56:38 +0000 Justices Won't Hear Obama Center Site Selection Complaints /real-estate-authority/commercial/articles/2282108?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2282108 The U.S. Supreme Court on Friday declined to consider claims that federal agencies failed to complete a full environmental review of plans to construct the Obama Presidential Center in Chicago's Jackson Park neighborhood.