How Energy Scarcity Is Changing Data Center Deals
Building digital infrastructure has become a high-stakes, complex game thanks to energy constraints and the pressure of having billions of dollars on the line, leading to tenser negotiations and to some developers building their own power plants, attorneys say.
Fund Targets Senior Housing Following $1.3B Debut In 2024
Boutique real estate investment manager Town Lane has established a new investment platform focused on senior housing properties in the U.S. after the venture launched last year with roughly $1.3 billion in investor capital.
Private Equity Could Be Ace Of College Sports Real Estate
Private equity, long-established as a source of funding for professional sports, is now poised to make its entrance into college sports by fueling sports real estate and mixed-use districts adjacent to athletic facilities to generate revenue.
Commercial More
A New York federal court handed Mt. Hawley Insurance Co. a complete win over a Bronx property owner's claim that the insurer had a duty to defend it from a suit brought by a security guard who tripped in a Cit... (more story)
Goldberg Segalla LLP has hired an experienced commercial litigation attorney as special counsel for its real estate litigation and title disputes team in New York City, the firm recently announced.
A New York state panel on Monday endorsed a pair of proposals in Queens and another in the Bronx to win three downstate casino licenses, setting up final approval of the multibillion-dollar projects before the... (more story)
A group of 26 jurisdictions committed Thursday to adopting a framework developed by the Organization for Economic Cooperation and Development to facilitate the exchange of real estate information among tax authorities.
A group led by private equity behemoth KKR sold its stake in a luxury Tokyo hotel for $800 million, Blackstone is considering dropping its bid for British self-storage company Big Yellow Group, and Australian ... (more story)
King & Spalding LLP and Hunton Andrews Kurth LLP provided counsel as New York-based firms Cannon Hill Capital Partners and TriPost Capital Partners entered into a partnership aimed at acquiring up to $1.5 bill... (more story)
Citibank NA has urged a California federal judge to toss a suit by a real estate developer who accidentally wired $45 million in home-purchase funds to a fraudster after receiving spoofed escrow emails.
Residential More
A Delaware bankruptcy judge agreed Thursday to grant conditional approval for bankruptcy mortgage servicer AmeriFirst's disclosure statement outlining its Chapter 11 plan, finding the objections raised by the ... (more story)
A mortgage insurance company has agreed to pay $650,000 to close a worker's proposed class action filed in North Carolina federal court claiming its mismanagement of an employee retirement profit sharing plan ... (more story)
A New York City developer wrongfully took advantage of a rent-stabilization exemption for building renovations to profit from illegally deregulating rent-stabilized apartments, New York State and its Division ... (more story)
Morgan Stanley Investment Management and MorningStar Senior Living, with Morgan Stanley Real Estate Investing's managed funds, acquired a 463-unit MorningStar senior housing portfolio located near Denver for $... (more story)
Rental industry analyst Yardi Matrix said Thursday that multifamily rents and demand each sagged for the fourth straight month in November, a broad trend that visited cities both with and without new supply coming to market.
The National Association of Realtors and local realtor groups at the center of a proposed class action have urged a Michigan federal court not to allow real estate brokers and agents to bring recent NAR handbo... (more story)
Jurors weighing the fate of a former aide to two New York governors have seen a raft of chats and other documents over several days that the feds say support their case alleging she violated the Foreign Agents... (more story)