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
A Manhattan federal judge on Friday blocked the Trump administration from halting funding for a tunnel connecting New York and New Jersey, after the states called the move an unlawful attempt to "punish politi... (more story)
Major League Baseball's Tampa Bay Rays revealed new renderings for its proposed 31,000-seat stadium and mixed-use district project that's planned to be located at the Florida city's Hillsborough College, the t... (more story)
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)
Global alternative asset management firm TPG will acquire a majority stake in critical infrastructure provider Sabre Industries Inc. from Blackstone Energy Transition Partners in a deal guided by Latham & Watk... (more story)
As part of an order dismissing the remaining claims in a real estate matter, a Louisiana federal judge has threatened to sanction attorneys from two local firms for submitting a brief riddled with errors gener... (more story)
In this week's Taxation With Representation, Elon Musk announces SpaceX's acquisition of his artificial intelligence startup xAI, Devon Energy and Coterra Energy agree to merge, and Banco Santander SA acquires... (more story)
Kansas would phase out property taxes over a three-year period under a bill introduced in the state Senate.
Residential More
Five years of litigation — split between sister suits in North Carolina state and federal court — revolving around allegedly exorbitant fees on rent-to-own contracts for storage sheds ended this week after bot... (more story)
Wintrust Financial Corp. and a mortgage lender subsidiary no longer face a proposed class action accusing them of discriminating against Black homebuyers after an Illinois federal judge found the amended suit ... (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 subsidiary of British aviation services company Menzies has set its sights on a $35 million luxury townhouse on the Upper East Side owned by the Nigerien government as it looks to enforce a nearly 13-year-ol... (more story)
A New York federal court on Friday refused to bar Zillow from enforcing its updated listing policy while Compass brings its antitrust case alleging the rules are meant to block competition, after finding the b... (more story)
A New Jersey federal judge has refused to disturb a magistrate judge's decision compelling a state watchdog to turn over documents from its inquiry into CarePoint Health Systems Inc., rejecting the agency's bi... (more story)
A Missouri federal judge granted final approval for $42 million worth of class action settlements to resolve antitrust claims accusing the National Association of Realtors and multiple brokerages of conspiring... (more story)