Data Center Development Faces A Shortage On People Power
The competition for hard hat workers and specialized equipment for data centers is fiercer than ever, drawing resources away from other sectors and creating challenges for industrial developers, according to a Duane Morris construction attorney.
Why Insurance Capital Is Courting REITs
Private equity firms are looking to invest in joint ventures with real estate investment trusts in order to put some of their vast sum of insurance capital to work.
Uptick In Lender Guarantor Claims Shapes New Deals
Real estate litigators in New York City are seeing lenders bring more lawsuits against loan guarantors, arguing they have run afoul of provisions largely meant as a liability shield. Transaction attorneys are taking cues from lenders' efforts to draft more specific guarantee provisions, or alternatives to judicial foreclosure, in new loans.
Commercial More
A Florida federal judge Friday warned that he will not allow any new or revised demonstratives for a trial beginning Monday in a suit by children who blame their birth defects on Lockheed Martin's chemical han... (more story)
A commercial landlord and property manager must pay $1.7 million to a brokerage firm, despite their claims that it was not the one who landed Green Thumb Industries as a tenant, a New Jersey appeals court rule... (more story)
Real estate investment trusts raised approximately $10 billion via capital offerings in the first quarter of 2026, a slight decline from the prior year, even as mergers and acquisitions activity sped up, per a... (more story)
Embattled Florida real estate company MV Realty agreed to pay $4.5 million to end a lawsuit from the North Carolina attorney general accusing it of using shady business practices to lock homeowners into decade... (more story)
New York and its Department of Motor Vehicles urged the Second Circuit on Friday to order the U.S. Department of Transportation to restore a $73.5 million highway funding package that the federal government ca... (more story)
Hawaii Brewery Development Co., a water bottling company and brewery, ended up in small business bankruptcy proceedings after a power struggle with a creditor that was seeking to gain control of a company that... (more story)
Federal officials are urging a New Jersey federal judge to reject a bid from the state and one of its municipalities to block work on a planned immigration detention center, arguing the plaintiffs lacked stand... (more story)
Residential More
A 21-year-old founder of an artificial intelligence startup posed as a licensed real estate appraiser to gain access to a residential appraisal software company's data collection tool and share it with his own... (more story)
A Ninth Circuit panel declined Friday to resurrect a Washington developer's lawsuit accusing Whatcom County officials of violating its constitutional rights by scaling back a housing development plan, concludi... (more story)
The Miami Association of Realtors on Monday announced plans to merge with the Broward, Palm Beach & St. Lucie Realtors, noting that the move would create the largest local Realtor association in the world.
Canandaigua National Corp. has urged the Second Circuit to overturn a Federal Reserve Board decision that denied the community bank's request to introduce a cash guarantee program for homebuyers, arguing the a... (more story)
New York City Council Speaker Julie Menin on Friday announced construction code reforms that she said could create up to 35,000 new housing units on small lots across the city, along with a new panel of expert... (more story)
Compass Inc. urged a Washington federal court to toss a multiple listing service's "baseless" and "conclusory" counterclaims against the real estate brokerage's antitrust suit, which alleges that the MLS' prop... (more story)
New York developer Time Equities Inc. has closed on a $160 million construction loan from M&T Bank to build the first phase of a mixed-use housing project in downtown Boynton Beach, Florida, with advice from S... (more story)