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A long perspective view of a modern data center featuring rows of glass-enclosed server racks with glowing blue lights flanking a central walkway with a gold-lit metal floor grate.

Developers Allege Data Center Bans Defy Due Process

Developers across the country are accusing city and county governments of violating their constitutional rights to due process, claiming in federal lawsuits that recently enacted moratoriums on data center projects are expressly targeting them.

Supertall skyscrapers in a row alongside other high-rise apartment buildings

What Billionaires' Row Co-Op Victory Means For NY Arbitration

Shareholders at a residential cooperative on New York City's Billionaire's Row scored a victory last week when the Appellate Division vacated an arbitration award that would have seen the ground-lease rent increase nearly sixfold to $24.6 million. Gayle Pollack, a partner at Morrison Cohen LLP who led the team representing the tenants, spoke to Law360 about her work on the case.

Artist's rendering of a resort-style outdoor pool surrounded by lounge chairs, palm trees, cabanas and a modern residential building with the ocean in the background.

South Beach's Overlooked Neighbor Catches Developers' Eye

Miami Beach has attracted a new wave of development, but it's not in South Beach. Homegrown developer Robert Finvarb tells Law360 Real Estate Authority what is drawing him and other prominent builders to long-ignored North Beach.

Expert Analysis

Planning For The Impact Of FinCEN's CTA Rollback

David Buck, Paul Tyrrell and Michael Mann

The Financial Crimes Enforcement Network's recent rollback of Corporate Transparency Act reporting obligations sho... (more story)

Home Equity Products Face Expanding Regulatory Patchwork

Christian Hancock, Brian O’Dell and Tom Mostellar

Home equity investment providers, which have recently come under scrutiny from regulators and industry groups, fac... (more story)

What Nonbank Lenders Should Watch In 'Open Banking' Redo

Kara Ward

Nonbank mortgage lenders should prepare for several key changes in the Consumer Financial Protection Bureau's anti... (more story)

Commercial More

NYC Real Estate Week In Review

Sheppe and HSF Kramer are among the law firms that landed work on the largest New York City real estate trades that hit public records last week, with a Brooklyn apartment deal leading the way.

First Citizens Bank Lends $157M For Self-Storage Fund

Raleigh, North Carolina-headquartered First Citizens Bank announced Monday that it provided $157 million in financing to Morningstar Properties, a real estate developer, owner and operator of specialty real es... (more story)

Exterior of Polsinelli law firm building
Polsinelli Leader On Dallas Office Market's Evolution

As the Dallas office market experiences a renaissance, law firms are giving more thought to their office needs. Brian Bullard, managing partner of Polsinelli's Dallas office and chair of its investment strateg... (more story)

Judge Blocks Construction At Toxic Calif. ICE Detention Site

A California federal judge Monday ordered U.S. Immigration and Customs Enforcement to stop work on its conversion of a former agricultural research site into a detention facility, finding the agency offered no... (more story)

BurgerFi Trustee Says Insiders Sank Chain With $161M Deal

BurgerFi International Inc.'s liquidating trustee has sued former company brass and financial advisers, alleging they pushed through the $161 million acquisition of Anthony's Coal Fired Pizza that immediately ... (more story)

Hudson Pacific Extends Deadline On $1.1B Calif. Studios Loan

Hudson Pacific Properties Inc. and its joint venture partner have pushed back the loan maturity date on a $1.1 billion commercial mortgage-backed securities loan that has as collateral a 2.2 million-square-foo... (more story)

REIT Defeats Class Claims Over $2.2B Property Impairments

A California federal judge dismissed a proposed securities class action against Alexandria Real Estate Equities Inc., finding the investors didn't sufficiently allege that the REIT's executives misled them abo... (more story)

Residential More

Mich. Court Affirms County Can Seize Family Cottage For Park

Kalamazoo County can seize a family-owned cottage on a one-third-acre parcel in southwest Michigan to expand a public park, a Michigan Court of Appeals panel said, affirming a trial court decision.

SF Vacancy Tax Barred By Calif. Law, Appeals Court Affirms

San Francisco's voter-approved tax on vacant residential units penalizes property owners for keeping those off the rental market and thus violates California law, a state appeals court panel ruled, upholding a trial court.

low-angle view of yellow construction crane and incomplete multilevel building with peach-colored temporary siding
Wells Fargo Slashes Construction Debt By Another $1B

Wells Fargo continued to reduce its construction debt on the books in the second quarter, trimming that figure by another $1 billion, while JPMorgan saw a smaller reduction of about $200 million in constructio... (more story)

DC Inks $9.3M Deals With 2 More Landlords In RealPage Case

The District of Columbia has agreed to $9.3 million worth of settlements for its antitrust claims against two landlords it accused of using RealPage Inc.'s revenue management software for rent price-fixing, th... (more story)

State Farm Attorney Sanctioned $999.99 for AI Hallucinations

An attorney for State Farm who filed several motions citing nonexistent cases and fabricated quotes generated by AI software must pay a $999.99 sanction, a Los Angeles judge ruled, an amount one cent below the... (more story)

9th Circ. Leaves VA On Hook For Homeless Vet Housing

The full Ninth Circuit Friday refused to revisit a ruling requiring the U.S. Department of Veterans Affairs to build supportive housing for homeless disabled veterans, sparking dissents that accused judges of ... (more story)

Piper Sandler Sees Apartment Rent Growth Picking Up In 2027

Piper Sandler said apartment rents stabilized nationally in the second quarter ahead of price growth that's expected to emerge in the first quarter of 2027, according to the investment bank's latest report on ... (more story)