Expert Analysis

Fannie, Freddie AI Rules Raise Stakes For Mortgage Lenders

Artificial intelligence governance frameworks recently released by Fannie Mae and Freddie Mac impose monitoring an... (more story)

How Tenants Can Guard Against Unpaid Build-Out Allowances

As market pressures on landlords intensify liquidity problems and reimbursement disputes, commercial tenants nego... (more story)

Lessons For Banks From Recent FCA Enforcement Trends

While government relief programs rely on financial institutions in times of economic uncertainty, recent enforceme... (more story)

Commercial More

Skadden Adds Investment Management Trio In DC, Abu Dhabi

Skadden Arps Slate Meagher & Flom LLP has hired three former lawyers from Akin Gump Strauss Hauer & Feld LLP who will work with investment management clients in Abu Dhabi and Washington, D.C., according to a T... (more story)

Red Rock Resorts Picks Campbell & Williams Boss As New GC

Red Rock Resorts Inc. has hired the co-founder of Las Vegas-based boutique law firm Campbell & Williams as its new general counsel and executive vice president, according to the holding company's Form 8-K filing.

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Perkins Coie Atty Talks Tax Law 'Tension' In Data Center REITs

A real estate investment trust can be an attractive business model for data centers, but complying with federal REIT rules is tricky for properties with digital infrastructure, given their unique needs, accord... (more story)

Colo. Justices Say PUD Pacts Can't Be Changed By Ballot

Planned unit development agreements are administrative matters that must be changed through the statutory amendment process, not by citizen initiative, the Colorado Supreme Court ruled, blocking a bid by a pro... (more story)

Justices' Penalty Ruling Won't Sink Tax Case, 5th Circ. Told

The U.S. Supreme Court's recent decision upholding federal agency fines without a jury trial doesn't undermine a challenge against IRS penalties tied to a charitable tax deduction for a Louisiana conservation ... (more story)

Building's $108M Taxable Value Too High, Minn. Justices Told

A Minnesota office building was overvalued at $108 million, its owner told the state Supreme Court, challenging the state tax court's reconciliation of competing appraisers' conclusions and other matters.

Gunster Adds Former Fla. Agricultural Water Policy Leader

The former director of agricultural water policy at the Florida Department of Agriculture and Consumer Services has entered private practice at Gunster in Tallahassee, the firm announced Monday.

Residential More

AGs Face Opposition To RealPage Intervention Bid

Renters and building owners in multidistrict litigation alleging landlords used RealPage's software to inflate rental rates have told a Tennessee federal court the deals they reached cover any damages that att... (more story)

Ventas GC Plans Departure For Blackstone

The general counsel of senior housing-focused real estate investment trust Ventas Inc. is planning to leave the company for a new job at Blackstone Inc., according to a Form 8-K filing posted on Monday.

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Ariz. Judge Backs Homebuilders, Voids Water Surplus Rule

An Arizona state judge has rejected a rule from state regulators requiring housing subdivision developers in the Phoenix area to arrange 25% more water than a project actually needs in order to win approvals, ... (more story)

NYC Real Estate Week In Review

Fried Frank and Paul Weiss are among the law firms that landed work on the largest New York City real estate deals that hit public records last week, with a pair of nine-figure trades topping the list.

Wells Fargo, Ocwen Lose 2nd Circ. Rehearing In ERISA Suit

The Second Circuit rejected a request for rehearing by Wells Fargo and Ocwen, which asked the court to reconsider its decision to revive a federal benefits lawsuit accusing them of mishandling home loans tied ... (more story)

NYC's Simry Realty Hits Ch. 11 In Midst Of Family Feud

Simry Realty Corp., a company controlled by the Haruvi family that co-owns several apartment buildings in Manhattan, has filed for Chapter 11 protection in New York with up to $100 million in debt, saying a di... (more story)

Justices Won't Weigh Consumers' Role In Credit Checks

The U.S. Supreme Court said Monday that it won't decide if companies can run a credit report before the potential customer initiates a transaction, denying the review bid by a woman who claimed a solar panel s... (more story)