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New Tactics In The Data Center Wars: Incentives, Moratoriums

A rising tide of public opposition and scrutiny of artificial intelligence has culminated in several states repealing tax incentives for data centers and one state enacting the nation's first moratorium, prompting developers to look for friendlier pastures.

Exterior view of a high-rise's upper floors under construction, with art deco building in background

Attorneys Size Up Woes At Old Pfizer Building

While city agencies investigate the cause of a structural failure at the old Pfizer building, New York City's largest office-to-residential conversion, attorneys assess whether it could impact the conversion market and the potential for legal liability. The developer, MetroLoft, has faced lawsuits at other conversions.

Housing Bill Becomes Law Without Trump's Backing

A bipartisan bill to promote more housing supply and limit Wall Street firms from investing in single-family homes became law Saturday by default after President Donald Trump withheld his signature but did not veto the measure.

Expert Analysis

Navigating OFAC's 50% Rule For Cross-Border Exec Mobility

Xuan Zhang

A recent Office of Foreign Assets Control guide signals that its 50% ownership rule can determine not only sanctio... (more story)

USDA Rule Would Broaden Foreign Co. Reporting Burden

Margaret Krawiec and Todd Kelly

The U.S. Department of Agriculture's recently proposed overhaul of foreign landholder reporting obligations would ... (more story)

AI-Fueled Pro Se Suits Pose Rising Risk For Lenders

Joseph Briggett

Harris v. Pinnacle Bank, a recently decided Mississippi federal court case, illustrates how pro se borrowers are u... (more story)

Commercial More

Paul Hastings, Sidley Guide Data-Center Co.'s $4B SPAC Deal

Artificial intelligence infrastructure company TECfusions reached a $4 billion valuation in a Wednesday deal guided by Sidley Austin LLP and Paul Hastings LLP to go public using a blank-check company.

NJ Court Revives Challenge To Prom Season Motel Rental Limits

A New Jersey appeals court on Monday revived a constitutional challenge to a municipal ordinance banning anyone under 21 from booking a hotel or motel room during prom and graduation season, giving Jersey Shor... (more story)

Two people in suits shake hands
4 Firms Guide $1.2B Self-Storage REIT Merger

Two real estate investment trusts sponsored by SmartStop Self Storage REIT Inc. affiliates have agreed to a $1.2 billion all-stock merger that's being advised by Nelson Mullins Riley & Scarborough LLP, Venable... (more story)

Pa. Justices Reject Prior Case, End 'Open Fields Doctrine'

The Pennsylvania Supreme Court on Tuesday issued stronger protections for private property owners, holding that the state's charter protects against an "open fields doctrine" that allows state game authorities... (more story)

Hudson Hotel Co. Wants Another Plan Deadline Extension

A company connected to the former Hudson Hotel in downtown Manhattan has asked the Delaware bankruptcy court to again extend the period in which only it can file a Chapter 11 reorganization plan, this time for... (more story)

Nebraska Gov. Halts Data Center Tax Breaks

Nebraska's governor signed an executive order Tuesday to end access to tax incentives provided through the state's business development program for data centers.

Real Estate CEO Only Partly A Public Figure, Colo. Judge Says

Brian Watson, CEO of Northstar Commercial Partners, is a limited-purpose public figure as to an alleged statement calling him "a criminal," but not as to a separate allegation that he had "relations" with pros... (more story)

Residential More

Wash. Law Bars Discriminatory HOA Enforcement, Panel Says

The Washington State Court of Appeals reversed the dismissal of the Washington State Human Rights Commission's administrative housing bias complaint against a homeowners association and other parties, ruling t... (more story)

AGs Appeal Order Blocking RealPage Damages In MDL

Attorneys general for Kentucky, Washington state, New Jersey, Maryland and D.C. have asked the Sixth Circuit to review a district court ruling barring them from seeking damages on behalf of their residents alo... (more story)

Beige and white manufactured homes with small lawns and stairs that lead to the porch and front door stand along a street lined with tall trees on a sunny day
Housing Law Backs New Models For Manufactured Housing

A newly passed federal law is making it possible to reimagine how manufactured housing is built in the U.S. Cozen O'Connor partner Thomas Casparian spoke with Law360 Real Estate Authority about the changes the... (more story)

Holland & Knight Hit With $1.2B Malpractice Suit

A real estate firm is accusing Holland & Knight LLP and three attorneys of malpractice in a new complaint filed in Florida state court and is seeking up to $1.2 billion in damages after more than 30 states ope... (more story)

Real Estate Co. Strikes Deal To End Home-Buying Text Suit

A real estate marketing company and a lead generation business reached a settlement with a Georgia woman who accused them of violating the Telephone Consumer Protection Act by texting her and others with offer... (more story)

Judge Tosses Another Suit Challenging Seattle Housing Law

A Washington federal judge leaned on a prior ruling to reject a constitutional challenge to Seattle's Mandatory Housing Affordability program, which requires developers to pay the city a fee in lieu of adding ... (more story)

Greystone Closes $137M Affordable Housing Fund

Greystone Real Estate Capital has closed its second low-income housing tax credit fund after raising $137 million for developing and preserving a portfolio of affordable homes that includes 20 properties in ni... (more story)