States Consider Pumping The Brakes On Data Centers
At least six states, including Virginia, could prohibit new data center construction under proposed moratoriums this year, measures some attorneys say would be unprecedented for addressing concerns over resource usage and could invite constitutional questions.
What Private Real Estate Lenders Should Know On Fraud Risk
With private lenders taking on a bigger role in real estate, they have become a target of fraudsters. Miami-based attorney Stephanie Hauser explained the strategies these scammers often pursue and steps lenders and their lawyers can take to protect themselves.
Executive Order Prompts Build-To-Rent 'Sigh Of Relief'
Build-to-rent's exclusion from a recent executive order targeting Wall Street's investment in the single-family market could add to its appeal for institutional investors, who were already flocking to build-to-rent, due to demand for affordable entry-level housing, its efficiency, scale and similarities to multifamily development.
Commercial More
Investment firm KKR and Singapore Telecommunications, or Singtel, announced a deal to buy out the remaining stake in Singapore-based data center operator ST Telemedia Global Data Centres for $5.2 billion, in a... (more story)
Nixon Peabody LLP has selected an affordable housing and real estate partner to take over as managing partner in the firm's Rochester, New York, office.
Executives at Blackstone Inc. said during its quarterly call with analysts to discuss financial results that while parts of the real estate sector are still sluggish, the company is confident in the long-term ... (more story)
A joint venture guided by Akin Gump Strauss Hauer & Feld LLP sold off its portfolio of seven U.S. data centers to global infrastructure manager Igneo Infrastructure Partners, which was guided by Gibson Dunn & ... (more story)
Cooley LLP announced it has hired the former leader of Kirkland & Ellis LLP's corporate real estate team.
Exxon said a Cuban government entity "fundamentally" misunderstands a federal act letting U.S. victims of Cuban property seizures seek damages, pushing the U.S. Supreme Court to reverse a lower court's finding... (more story)
Minnesota-based data center and industrial parts builder Forgent Power Solutions raised $1.5 billion after it began trading Thursday, with advice from Weil Gotshal & Manges LLP and Latham & Watkins LLP.
Residential More
The federal government pushed back against public comments that criticized its proposed antitrust settlement with landlord Greystar Management Services LLC, telling a North Carolina federal court Wednesday to ... (more story)
The Florida Senate on Wednesday unanimously advanced a bill directing local governments to allow homeowners to build accessory dwelling units, such as garage apartments or guesthouses, in all single-family res... (more story)
The value of U.S. housing declined in January for the sixth straight month and lower mortgage rates led to an 8.4% year-over-year decrease in the costs of monthly mortgage payments, according to a report poste... (more story)
A clarification to Pennsylvania's charity exemption test by the state Supreme Court did not change the exempt status of properties owned by a group that offers low-income housing, the Pennsylvania Commonwealth... (more story)
The Federal Trade Commission is defending its antitrust case challenging a partnership between Zillow Group Inc. and Redfin Corp., telling a Virginia federal court the pact is a clear agreement between the com... (more story)
A property owner told North Carolina's top court that a real estate attorney can't skirt allegations he helped meddle in an ownership dispute over a parcel of land in Charlotte, saying her tort claims against ... (more story)
Keller Williams Realty has agreed to pay $20 million to resolve claims that it participated in a decades-long conspiracy to fix real estate broker commissions and inflate home prices, according to a proposed c... (more story)