Expert Analysis

When Mortgage Data Can't Prove Discriminatory Lending

As plaintiffs continue to use Home Mortgage Disclosure Act data as grounds for class actions, attorneys must consi... (more story)

Ill. State Farm Suit Tests State Insurance Data Demand Limits

The Illinois Department of Insurance's recently filed suit against State Farm, seeking nationwide data on its home... (more story)

Power Market Reforms Push Data Center Lease Rates Higher

Rising demand, constrained supply and ongoing reforms, amid a rush for reliable, near-term computing capacity, are... (more story)

Commercial More

3 Firms Guide American Healthcare REIT's Public Offering

American Healthcare REIT Inc., guided by Sidley Austin LLP, announced a public offering for 8.1 million of its common stock shares, which are underwritten by Paul Hastings LLP-led RBC Capital Markets in a deal... (more story)

Overwatch Capital, Idemitsu Reveal AI Data Center Partnership

Investment platform Overwatch Capital and Japanese energy company Idemitsu Kosan Co. Ltd. will work together to build "next-generation, energy-resilient AI data centers" in Utah, Georgia, Texas, Illinois, Neva... (more story)

The Brookfield Artificial Intelligence Infrastructure Fund anchors a newly launched $100 billion artificial intelligence infrastructure program in partnership with Nvidia. (AP Photo/Rafael Henrique/SOPA Images/Sipa USA)
Brookfield Launches $100 Billion AI Infrastructure Program

Brookfield Asset Management said Wednesday it is working with Nvidia and the Kuwait Investment Authority on a program to acquire up to $100 billion worth of infrastructure assets supporting artificial intelligence technology.

Subletting Co. Settles NYC's Illegal STR 'Matchmaker' Claims

A subletting company has agreed to resolve claims that it was used as a "'matchmaker'" of sorts for advertising and setting up illegal short-term rentals in New York City, the Mayor's Office of Special Enforcement announced.

NoMo SoHo Hotel Owner Seeks $125M Sale In Ch. 11

A New York bankruptcy judge agreed Thursday to approve sale procedures for the insolvent owner of the NoMo SoHo Hotel in Manhattan, setting it on a path to wrap up the process in just 20 days.

NC Hotel Owner Says Insurer Botched Tornado Damage Claim

An insurer failed to conduct a meaningful investigation of a North Carolina hotel's claim for tornado damage, the property owner alleged in a suit removed to federal court, saying the insurer issued a "puzzlin... (more story)

Phillips 66 Loses Appeal Of La. Refinery's $1 Billion Value

Phillips 66 cannot use the sale of a refinery in another state in its arguments for lowering the $1 billion assessment of a refinery in Louisiana, a state appeals court said, rejecting the company's appeal of the valuation.

Residential More

Judge Blocks Meritage's Bid To Split Defect Coverage Claims

A Texas federal court has refused to separate claims for stucco home construction defects, which it previously held are covered under Meritage Homes' policies with AIG, from claims that have yet to be resolved... (more story)

Nextdoor Beats Investor Suit Over Post-SPAC Woes For Good

A California federal judge has permanently dismissed a shareholder class action alleging hyperlocal social networking service Nextdoor Holdings Inc. misled investors about its projected profitability when comb... (more story)

Long Island City sign
NYC OKs Long Island City Rezoning, Earmarks $1.9B Funding

The New York City Council unanimously approved a plan to rezone 54 blocks in Long Island City on Nov. 12, enabling the construction of 14,700 new housing units with significant affordability mandates.

Escrow Agent Accused Of $4.6M 'Insider Payoff' In NC Sale

Stewart Title Guaranty Co. facilitated the unauthorized sale of a financially struggling luxury apartment complex and then handed a $4.6 million "insider" payout to one of the operating owners, according to a ... (more story)

3rd Circ. Panel Will Rethink Solar Panels Fraud Suit Dismissal

The Third Circuit granted a panel rehearing Friday for an elderly New Jersey woman who accused two solar panel financiers of saddling her with a nearly $100,000 debt after she was tricked into getting rooftop ... (more story)

NC Judge Rejects Elevator Safety Deal Over Missing Details

A North Carolina Business Court judge declined to approve a proposed settlement from a group of residential condominium owners who live in Asheville, North Carolina's tallest building, after finding key inform... (more story)

Firm Wants Lender's Attys To Bear Blame In $16.2M Loan Suit

Willinger Willinger & Bucci PLLC is responsible for any damages suffered by a New York lender that relied on falsified documents to approve a $16.2 million loan to the development arm of a Connecticut housing ... (more story)