CRE Brokers Tout Q4 Results Despite AI Disruption Concern
Commercial real estate's biggest brokerages disputed the notion that artificial intelligence technology could eventually replace the work of brokers or drive down demand for office space during fourth-quarter earnings calls announcing brisk earnings and revenue growth.
Shareholder Activism In Real Estate Enters New Era
Boards of directors for real estate investment trusts should expect dissenting investors to continue challenging corporate leadership behind closed doors and in the open, attorneys say, because the days of REITs being unattractive targets are over.
Perkins Coie Atty Talks Anti-Money Laundering FinCEN Rule
Starting in March, residential real estate transactions will have to make disclosures under new anti-money laundering requirements from the U.S. Treasury Department's Financial Crimes Enforcement Network.
CRE Brokers Tout Q4 Results Despite AI Disruption Concern
Commercial real estate's biggest brokerages disputed the notion that artificial intelligence technology could eventually replace the work of brokers or drive down demand for office space during fourth-quarter earnings calls announcing brisk earnings and revenue growth.
Shareholder Activism In Real Estate Enters New Era
Boards of directors for real estate investment trusts should expect dissenting investors to continue challenging corporate leadership behind closed doors and in the open, attorneys say, because the days of REITs being unattractive targets are over.
Perkins Coie Atty Talks Anti-Money Laundering FinCEN Rule
Starting in March, residential real estate transactions will have to make disclosures under new anti-money laundering requirements from the U.S. Treasury Department's Financial Crimes Enforcement Network.
Expert Analysis
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Commercial More
A California federal judge sent most of a former Matterport executive's harassment and retaliation suit to arbitration, amid a suit that has prompted CoStar's efforts to disqualify Quinn Emanuel Urquhart & Sul... (more story)
An Indiana legislative panel has taken a step toward supporting the Chicago Bears in a possible move from Soldier Field in Chicago to a domed stadium in Hammond, Indiana, after Illinois lawmakers said late las... (more story)
Real estate investment trusts Equinix Inc. and Digital Realty Inc. attributed the growth they experienced last quarter and last year to data center demand from various sources, including business sectors beyon... (more story)
The U.S. Supreme Court will kick off its February oral argument session by hearing cases that could expand or limit the availability of damages for U.S. victims of property seized by the Cuban government and a... (more story)
Fried Frank Harris Shriver & Jacobson LLP and Szenberg & Okun PLLC guided the sale of a $143 million vacant New York City lot to a close, a price slightly below the $150.5 million the seller first announced in August.
Offit Kurman Attorneys At Law has brought on a Taylor Duma LLP partner in Atlanta who has guided developers, lenders, public entities and mission-driven organizations in commercial real estate projects for decades.
A Kennedy-Wilson Holdings Inc. stockholder has sued in the Delaware Chancery Court to block the company's $1.65 billion take-private deal, arguing that the transaction violates Delaware's anti-takeover statute... (more story)
Residential More
Real estate marketplace Zillow urged a Seattle federal judge Friday to throw out homebuyers' accusations it violated a Washington consumer protection law and federal anti-racketeering and real estate statutes,... (more story)
Blockchain home loan company Figure Lending LLC was hit with a proposed class action in North Carolina federal court accusing it of failing to safeguard customers' data from cybercriminals during a breach of i... (more story)
On Wednesday, New York City Mayor Zohran Mamdani announced six appointments to the Rent Guidelines Board, a nine-member body that could green-light a rent freeze for the city's 1 million rent-stabilized apartm... (more story)
Veterans United Home Loans is facing a proposed class action that claims it steers servicemembers into costly mortgages through a system of illegal referrals and kickbacks with preferred sales agents.
Multifamily developer Thompson Thrift said it has raised more than $222 million to fund seven new Class A apartment developments in five states.
A New Jersey construction company and two of its owners systematically failed to pay overtime, regular wages and earned sick leave in violation of state labor laws, a worker has claimed in a complaint filed in state court.
A Pennsylvania county that overassessed property tax on parcels of land doesn't owe interest on the property owner's refund, the state's Commonwealth Court ruled.