AI Bolstered Proptech Development, Growth In 2025
Amid the ongoing frenzy over artificial intelligence, the property technology sector showed signs of maturing in 2025 along with an upswing in investments.
A Blockbuster Year For Data Centers
Booming demand drove an explosive year for growth in the data center sector in 2025, with deals getting larger, more multifaceted and more complex for legal teams to pull off.
Moody's Says Funding Types Grow With Data Center Demand
Financing sources for data center projects are becoming more diverse as the number and size of such developments continue to grow, according to a report from analyst and credit rating agency Moody's.
Commercial More
The long and contentious corruption case against New York developer Louis Ciminelli and others that led to a landmark U.S. Supreme Court ruling on fraud came to a close Tuesday, after he pled guilty and was se... (more story)
Kasturi "Kas" Bagchi, formerly a principal at Miller Canfield Paddock & Stone PLC, has returned to Honigman LLP as a partner in the firm's transactional and real estate finance practice group in Detroit, accor... (more story)
The New York State Gaming Commission granted three casino licenses to New York City for projects proposed in Queens and the Bronx, finalizing a tiered license system tied to the size of applicants' investments.
Vectra Bank has accused a Colorado-based commercial finance company and two related business entities in state court of defaulting on a $6.5 million loan and said they now owe the bank more than $4.5 million.
A company that runs a Boscov's department store in a Newark, Delaware, shopping center has claimed in Delaware state court that the property's landlord forced the company to overpay tax reimbursements.
New York real estate firm SL Green said on Tuesday it had sold a 49% stake in its 100 Park Avenue office building to Boston-based real estate private equity firm Rockpoint for $425 million.
Seyfarth Shaw and DLA Piper are among the law firms that guided the largest New York City real estate deals that hit public records last week, with a pair of nine-figure transactions leading the way.
Residential More
Rilea Group, guided by Bilzin Sumberg, has obtained $150 million worth of construction financing for its 300-unit multifamily real estate project in Miami's Wynwood Arts District, the developer announced.
Asset management giant TPG has bought a majority stake in multifamily developer Quarterra and committed an additional $1 billion of capital toward funding the company's pipeline, according to a Tuesday announcement.
When the National Association of Realtors unveiled nationwide buyer commission rule changes amid a $418 million antitrust settlement in 2024, multiple listing services and their counsel took on the heavy lift ... (more story)
Zillow Group Inc., Zillow Inc. and Redfin Corp. are urging a Virginia federal court to reject a bid for more discovery time filed by the Federal Trade Commission and multiple states for their combined antitrus... (more story)
New York City Mayor Zohran Mamdani has named a state housing official with a background said to be reassuring to apprehensive onlookers as the new leader of the city's Department of Housing Preservation and Development,
Milwaukee real estate firm Irgens Partners LLC said Monday it has appointed a general counsel and chief administrative officer from the investment management practice group at Godfrey & Kahn SC.
The legal chief of Invitation Homes is preparing to retire from the single-family home rental company following a more than 10-year stint there, according to a recent securities filing.