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
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.
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 convenience store company's interest in mineral rights it retained when it sold a gas station property are correctly valued at $0 and not taxable, the Missouri Court of Appeals ruled, upholding decisions of ... (more story)
A Michigan federal judge on Wednesday dismissed a lawsuit from two cryptocurrency mining companies that alleged Travelers Insurance Co. and Northfield Insurance Co. exacerbated their building's fire loss throu... (more story)
A private equity firm accused by the U.S. Securities and Exchange Commission of defrauding investors in a $1 billion fund lost its bid Wednesday to discharge the court-appointed monitor overseeing its books wh... (more story)
UMB Bank NA has been granted wins on some of its claims in a suit regarding a failed $80 million Hard Rock Hotel development project, with a Kansas federal court ruling that claims it did not properly reimburs... (more story)
Residential More
The U.S. Department of Housing and Urban Development unlawfully introduced "drastic" changes to grants under a federal program to combat homelessness, a coalition of local governments and homelessness service ... (more story)
A Florida appeals panel on Wednesday affirmed a $4 million judgment in favor of a renter who alleged that his landlord failed to protect him from a mugging in which he was shot four times, finding that the iss... (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)
A group of Oklahoma-based companies accused retail-focused real estate investment trust Simon Property Group Inc. of waging "an anticompetitive campaign" to take down their competing mixed-use project in Oklahoma City.
K&L Gates LLP announced Wednesday that it has brought on two experienced real estate finance attorneys whose practices focus on advising commercial mortgage-backed securities servicers.
A Texas federal judge sided with Texas Attorney General Ken Paxton in pausing a lawsuit from three Chinese nationals pending a Fifth Circuit decision in a parallel challenge to a policy preventing citizens of ... (more story)
Ralston Turbeville, a partner in Sullivan & Cromwell's real estate practice, guided Tishman Speyer's $3.5 billion refinancing of Rockefeller Center as well as the company's $2.85 billion refinancing of the Spi... (more story)