What's Next For Data Centers After Midterm Setbacks?

The new political landscape to emerge from last week's midterm elections could herald more oversight and slow data center development, but attorneys expressed optimism that deals will be done and could ultimately benefit local communities more.

Multifamily REIT Vivmark Looks To Ramp Up Development

Vivmark Residential is planning to increase its real estate development activity following the completed $69 billion AvalonBay Communities Inc. and Equity Residential merger that created the multifamily giant, executives told analysts on an earnings call.

Views of foxtail palm trees at the front of apartment buildings at Miami, Florida stock photo (iStock/Jason Finn)

What They're Saying About Fla.'s New Property Tax Break

Florida voters pushed a controversial property tax break just over the finish line on Election Day despite warnings from local governments and police and firefighter associations that the proposal would eliminate billions of dollars used to fund public safety and other core services. Now comes the waiting period to see how local governments respond when they put their budgets together next year.

Expert Analysis

8 Ways To Prep For Calif. Fair Mortgage Lending Exams

Anoush Garakani, Nanci Weissgold and Melissa Malpass

California financial institutions face a new fair lending examination framework in January that adds formal reviews for certain...(read more)

What To Know About New Proposed Opportunity Zone Regs

Jessica Millett and Caroline Koo

The Treasury and IRS recently released proposed regulations for the permanent extension of the opportunity zones program, with ...(read more)

How Power Grid Delays Are Reshaping Data Center Deals

Kathryn Furman, Steven Zavodnick and Jeffrey Brum

Texas' pause on permits while it studies data centers' effect on its electrical grid highlights the nationwide problem of years...(read more)

Commercial More

Feds, SpaceX Say Groups Can't Show Land Swap Injury

SpaceX and the U.S. Fish and Wildlife Service renewed their call for a Texas federal judge to toss a lawsuit challenging their South Texas land swap deal, saying that the groups that sued cannot base their alleged damages ...(read more)

Braemar REIT Pays $480M To Exit Exec's Management Deal

Luxury hotel owner Braemar Hotels & Resorts said it has named a new chief legal officer and other top officials as it completed a $480 million payment as compensation for terminating a management agreement with a company c...(read more)

View of the Brickell's skyline financial center in Biscayne Bay.
South Florida's Office Market Stays Hot Even As Rivals Gain

Miami and the surrounding South Florida office market continues to exhibit strong momentum and future potential, according to fresh data as well as the accounts of leaders from several major corporate transplants who share...(read more)

Hoteliers Report Strong Q3, Weigh Portfolio Moves

Executives at leading hotel companies shared a number of insights on their approaches to their real estate holdings during recent earnings calls in which most reported strong third-quarter results.

Greenberg Traurig Helping With Miami Supertall Tower Project

Greenberg Traurig is representing a venture of Oak Row Equities, OKO Group and Mariposa Real Estate that's eyeing a 1,042-foot supertall tower in Miami and recently submitted a study request to the Federal Aviation Authori...(read more)

Developer Says Data Center Campus Suit Isn't Moot

A developer urged a Michigan federal court on Tuesday to not toss its suit against a local city that has blocked the developer's data center campus plans, arguing that the suit shouldn't be dismissed, in part, because the ...(read more)

Trump Admin Still Can't Cut Trees At DC Golf Course

A D.C. federal judge issued a scathing order refusing to pause her injunction blocking the Trump administration from cutting down more trees at East Potomac Golf Course, rejecting the government's attempt to decouple the t...(read more)

Residential More

Real Estate Broker Howard Hanna Accused Of 'Junk Fees'

Major real estate broker Howard Hanna has joined the firms being accused of charging homebuyers "junk fees," according to a proposed class action filed in Pennsylvania state court.

Compass Looks To Toss NYC Rental Listings Monopoly Case

Real estate brokerage Compass Inc. has urged a New York federal court to dismiss a proposed antitrust class action that accuses the company of monopolizing the Manhattan multifamily market by acquiring almost all of its ri...(read more)

Construction workers assemble the wooden framing of a house.
Calif. Voters Reject Prop. 45 Fast-Tracking CEQA Reviews

Golden State voters have rejected the California Chamber of Commerce-backed Proposition 45, which would have limited reviews under the California Environmental Quality Act and allowed developers to fast-track most housing,...(read more)

$9M Deal Settles Payment Fee Suit Against Mortgage Servicer

A North Carolina federal judge has approved a $9 million settlement reached between a mortgage servicer and a certified class of North Carolina borrowers over illegal processing fees for mortgage payments.

Michigan Judge Weighs RICO Claims In Tax Foreclosure Fight

A Michigan federal judge considered Tuesday whether to dismiss racketeering claims against a former mayor of the Wayne County city of Taylor who is accused of participating in a bribery scheme involving tax-foreclosed prop...(read more)

Firm Must Face Suit For Including Atty Fees In Collection Bids

A New Jersey appellate court on Tuesday revived four lawsuits alleging that a state firm violated the Fair Debt Collection Practices Act, finding that the firm attempted to collect attorney fees and filing fees along with ...(read more)

Judge Rejects Zillow's Redo Bid For Antitrust Suit Ruling

A Washington federal judge on Tuesday rejected Zillow Group Inc.'s reconsideration request for a prior ruling that refused to dismiss a proposed antitrust class action, which alleges that the property listing giant runs a ...(read more)