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

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.

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.

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.

NY Plans 2,000 Homes For 46-Acre Queens Project

The New York State Public Authorities Control Board has greenlit a 46.5-acre redevelopment plan that aims to build more than 2,000 new homes on "largely vacant and underutilized" state-owned land in eastern Qu... (more story)

Chinese Developer Has A Week To Reply To Involuntary Ch. 11

Xinyuan Real Estate, a developer based in Beijing, has until next Wednesday to respond to an involuntary bankruptcy petition that three of its creditors brought in April alleging the company is in default on $... (more story)

Residential More

'Not Well-Taken': 2nd Bid To Halt CFPB Energy Loan Rule Fails

A Florida federal judge on Thursday smacked down a lender trade group's renewed bid to halt a Biden-era Consumer Financial Protection Bureau rule that will tighten standards on clean-energy home improvement lo... (more story)

Husch Blackwell Adds Jackson Walker RE Pro In Texas

Husch Blackwell LLP announced Thursday that it is continuing to expand its national real estate practice with the addition of an attorney in Austin, Texas, who came aboard from Jackson Walker LLP.

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.

Realtors Rule Change Backs Antitrust Suit, Agents Argue

A proposed class of Michigan real estate brokers and agents have asserted that the National Association of Realtors effectively admitted to the litigants' antitrust claim when it revoked its disputed policy, w... (more story)

Congressional Dems Revive Bill To Curb Rental Price-Fixing

A group of Democratic lawmakers have reintroduced legislation in Congress to crack down on landlords using algorithms to systematically raise rental prices.

IRS Unveils Interim Rules For Tax Perk For Rural Loan Interest

The IRS released temporary guidance Thursday on a new incentive that would exclude from taxable income 25% of interest from loans secured by a rural or agricultural property, including the definition of an eli... (more story)

Senior Living Co. Inks $7.2M Deal To End Wash. AG's Probe

Oregon-based senior living provider Bonaventure will invest $7 million in staffing and upgrades and shell out $200,000 in resident credits to resolve allegations of substandard care at 10 Washington state faci... (more story)