Expert Analysis

How Data Center Accounting May Draw Enforcement Scrutiny

As public and media scrutiny of the data center industry intensifies, regulators, enforcement authorities and Cong... (more story)

NY's Growing Enviro Reg Framework Will Transform Projects

Three closely connected environmental rulemakings in New York state — concerning greenhouse gas reporting, remedia... (more story)

What's At Stake For Employers In Fight Over Visa Pause

For employers that rely on foreign talent, the Trump administration’s suspension of immigrant visa issuance for th... (more story)

Commercial More

Two Harbors Backs CrossCountry Bid Over $1.3B UWM Offer

Two Harbors Investment Corp.'s board of directors prefers CrossCountry Mortgage LLC's proposed $1.2 billion all-cash acquisition of the real estate investment trust over UWM Holdings Corp.'s revised $1.3 billi... (more story)

NYC Real Estate Week In Review

Goodwin Procter and Polsinelli are among the law firms that guided the largest New York City real estate deals that hit public records last week, with a Bronx buy topping the list.

Interior shot of a data center. (iStock.com/tiero)
Enterprise AI Adoption Drives Data Center REIT Gains

Digital infrastructure demand grew among businesses seeking to use artificial intelligence systems at scale and drove lofty gains in first-quarter earnings for data center real estate investment trusts Equinix... (more story)

4 Firms Guide Global Net Lease's $535M Modiv Industrial Buy

Global Net Lease said Monday that it has agreed to pay $535 million to acquire industrial-focused real estate investment trust Modiv in a deal advised by Paul Weiss Rifkind Wharton & Garrison LLP, Greenberg Tr... (more story)

Mass. Residents Sue Over Data Center's Expansion

A group of Lowell, Massachusetts residents has accused the state's Department of Environmental Protection of wrongfully approving "a flawed air quality plan" for the expansion of a 14-acre, 352,000-square-foot... (more story)

Lender Seeks Sale Of Colo. Building After $22.3M Default

An Arizona investment firm asked a Colorado state court judge Thursday to foreclose on a commercial condominium after the owners defaulted on more than $22 million worth of loans.

Hartford Unit Owed Contractor Coverage In Data Center Row

A Hartford insurance specialty unit had a duty to defend a building contractor against an underlying suit over a data center's construction even after defamation claims were dropped, a California federal judge... (more story)

Residential More

Texas Beach Town Can Keep Most New Rental Rules For Now

A Texas federal judge has largely allowed a Galveston County beach town to enforce its new short-term rental rules, finding them to be reasonably tied to safety and nuisance control.

DOJ Touts $750K Deal In Housing Discrimination Suit

The owners and managers of a Georgia apartment complex have agreed to a $750,000 deal that federal prosecutors say is the second-largest settlement the U.S. Department of Justice has ever scored in an individu... (more story)

White man's hand extending out holding an illuminated illustration of a house
Castlelake, Redwood Ink $8B Prime Jumbo Mortgage Venture

Private credit specialist Castlelake LP and real estate investment trust Redwood Trust Inc. are partnering to buy up to $8 billion in prime jumbo mortgage loans as part of a joint venture agreement, they said April 29.

2nd Circ. Urged To Remand Fed-Blocked Mortgage Program

Major banking industry groups have urged the Second Circuit to remand to the Federal Reserve Board its order blocking a New York bank's proposed cash guarantee program for homebuyers, arguing the decision reli... (more story)

SpaceX Sued Over Rocket Noise Damage To Homes

Dozens of South Texas homeowners sued SpaceX in federal court, alleging the company's rocket activity at its Starbase facility repeatedly damaged their homes with noise, vibrations and sonic booms.

Feds Say RealPage Deal Fixes Rental Pricing Concerns

The government has told a North Carolina federal court its settlement with RealPage fully resolves issues regarding landlords using the company's software to inflate rental rates, despite criticism from a pro-... (more story)

Mortgage Giants Want Homeowners' Price-Fixing Suit Tossed

A group of mortgage originators and several software companies told a Tennessee federal court that a proposed price-fixing class action should be tossed because the plaintiffs didn't plausibly allege that the ... (more story)