Attorneys Break Down COPA Bill Poised To Pass In NYC
As a bill to give nonprofits the opportunity to buy some residential buildings is gaining momentum toward possible passage in the New York City Council this month, real estate attorneys are analyzing the policy's potentially far-reaching impact.
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.
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.
Commercial More
Cardinal Infrastructure Group's shares began trading on the Nasdaq on Wednesday, following an over $241 million initial public offering led by Willkie Farr & Gallagher LLP and Latham & Watkins LLP.
Global real estate firm Lincoln Property Co. and the real estate arm of PGIM Inc. have announced a strategic partnership aimed at pursuing investments in outpatient medical properties.
Hawaii real estate investment company MW Group, San Francisco-headquartered real estate investment company DivcoWest and funds affiliated with Blackstone Real Estate have struck a $2.3 billion deal to take a H... (more story)
Multifamily real estate investment trust Veris Residential on Tuesday announced it had sold a 4.2-acre land parcel zoned for a pair of high-rise apartment projects in Jersey City, New Jersey, to a local develo... (more story)
Braemar Hotels & Resorts urged a Maryland federal judge this week to throw out a stockholder's claims the company's directors attempted to rig a board election in favor of its incumbents.
Dallas-based Ashford Hospitality Trust said it is exploring a possible sale as executives consider the firm's stock price undervalued in comparison to its portfolio of 17,000 rooms across 70 hotels.
David C. Drewes, co-chair of Willkie Farr & Gallagher LLP's real estate department, has guided major transactions, such as Saks Global's $2.7 billion Neiman Marcus Group acquisition and Henry Crown & Company's... (more story)
Residential More
Counsel for an aide to two New York governors on Wednesday tore into allegations that she secretly acted as an agent of the People's Republic of China, telling a Brooklyn federal jury that the government's cas... (more story)
The condominium owner holdouts who successfully got a Florida appeals court to block the redevelopment of their waterfront building asked a judge Wednesday to compel the developer that controls the majority of... (more story)
Rental industry analyst Yardi Matrix reports that multifamily rents and demand each sagged for the fourth straight month in November, a broad trend that visited cities both with and without new supply coming to market.
Michigan Supreme Court justices during Wednesday oral arguments questioned whether residences for elderly and disabled tenants may have a stricter obligation to maintain their common areas in a case where a wo... (more story)
A property owner is appropriately compensated if given surplus proceeds from a government sale of their property for more than the owner owed, provided the sale was conducted fairly, the federal government tol... (more story)
The National Association of Realtors and three brokerages are urging the Tenth Circuit not to revive a residential brokerage startup's antitrust suit, arguing that Homie Technology Inc. once flourished thanks ... (more story)
A magistrate judge in Florida federal court rejected arguments from a title insurance company in upholding a U.S. Department of Treasury rule establishing new reporting requirements for all-cash residential re... (more story)