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New Tactics In The Data Center Wars: Incentives, Moratoriums

A rising tide of public opposition and scrutiny of artificial intelligence has culminated in several states repealing tax incentives for data centers and one state enacting the nation's first moratorium, prompting developers to look for friendlier pastures.

Exterior view of a high-rise's upper floors under construction, with art deco building in background

Attorneys Size Up Woes At Old Pfizer Building

While city agencies investigate the cause of a structural failure at the old Pfizer building, New York City's largest office-to-residential conversion, attorneys assess whether it could impact the conversion market and the potential for legal liability. The developer, MetroLoft, has faced lawsuits at other conversions.

Housing Bill Becomes Law Without Trump's Backing

A bipartisan bill to promote more housing supply and limit Wall Street firms from investing in single-family homes became law Saturday by default after President Donald Trump withheld his signature but did not veto the measure.

Expert Analysis

Navigating OFAC's 50% Rule For Cross-Border Exec Mobility

Xuan Zhang

A recent Office of Foreign Assets Control guide signals that its 50% ownership rule can determine not only sanctio... (more story)

USDA Rule Would Broaden Foreign Co. Reporting Burden

Margaret Krawiec and Todd Kelly

The U.S. Department of Agriculture's recently proposed overhaul of foreign landholder reporting obligations would ... (more story)

AI-Fueled Pro Se Suits Pose Rising Risk For Lenders

Joseph Briggett

Harris v. Pinnacle Bank, a recently decided Mississippi federal court case, illustrates how pro se borrowers are u... (more story)

Commercial More

Pa. Justices Reject Prior Case, End 'Open Fields Doctrine'

The Pennsylvania Supreme Court on Tuesday issued stronger protections for private property owners, holding that the state's charter protects against an "open fields doctrine" that allows state game authorities... (more story)

Hudson Hotel Co. Wants Another Plan Deadline Extension

A company connected to the former Hudson Hotel in downtown Manhattan has asked the Delaware bankruptcy court to again extend the period in which only it can file a Chapter 11 reorganization plan, this time for... (more story)

Two people in suits shake hands
4 Firms Guide $1.2B Self-Storage REIT Merger

Two real estate investment trusts sponsored by SmartStop Self Storage REIT Inc. affiliates have agreed to a $1.2 billion all-stock merger that's being advised by Nelson Mullins Riley & Scarborough LLP, Venable... (more story)

Nebraska Gov. Halts Data Center Tax Breaks

Nebraska's governor signed an executive order Tuesday to end access to tax incentives provided through the state's business development program for data centers.

Real Estate CEO Only Partly A Public Figure, Colo. Judge Says

Brian Watson, CEO of Northstar Commercial Partners, is a limited-purpose public figure as to an alleged statement calling him "a criminal," but not as to a separate allegation that he had "relations" with pros... (more story)

Seyfarth Adds Ex-King & Spalding RE Pro In Charlotte

Seyfarth Shaw LLP has hired former King & Spalding commercial real estate partner Christopher D. McCoy for a partner role in its Charlotte, North Carolina, office, the firm recently announced, with McCoy telli... (more story)

NJ Panel Rules Town Board Can Redo Warehouse Review

A New Jersey appeals court rejected a developer's request for automatic approval of its development plan in a local warehouse district, siding with a trial judge in finding a local planning board correctly sou... (more story)

Residential More

Real Estate Co. Strikes Deal To End Home-Buying Text Suit

A real estate marketing company and a lead generation business reached a settlement with a Georgia woman who accused them of violating the Telephone Consumer Protection Act by texting her and others with offer... (more story)

Judge Tosses Another Suit Challenging Seattle Housing Law

A Washington federal judge leaned on a prior ruling to reject a constitutional challenge to Seattle's Mandatory Housing Affordability program, which requires developers to pay the city a fee in lieu of adding ... (more story)

Beige and white manufactured homes with small lawns and stairs that lead to the porch and front door stand along a street lined with tall trees on a sunny day
Housing Law Backs New Models For Manufactured Housing

A newly passed federal law is making it possible to reimagine how manufactured housing is built in the U.S. Cozen O'Connor partner Thomas Casparian spoke with Law360 Real Estate Authority about the changes the... (more story)

Greystone Closes $137M Affordable Housing Fund

Greystone Real Estate Capital has closed its second low-income housing tax credit fund after raising $137 million for developing and preserving a portfolio of affordable homes that includes 20 properties in ni... (more story)

Shutts & Bowen Adds Real Estate Atty From Nelson Mullins

Shutts & Bowen LLP has grown its real estate capabilities with a new partner in Orlando, Florida, from Nelson Mullins Riley & Scarborough LLP.

Kirkland Adds Willkie Real Estate Partner In Dallas

Kirkland & Ellis LLP has added a Willkie Farr & Gallagher LLP real estate partner who advises his clients on digital infrastructure transactions and construction financing.

Mass. Panel Says Competing Atty Fee Awards Can't Be Offset

Massachusetts' intermediate-level appeals court Monday determined that a housing court was wrong to offset attorney fees awarded to a landlord against fees granted to the tenant on the other side of a housing ... (more story)