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.
Fund Targets Senior Housing Following $1.3B Debut In 2024
Boutique real estate investment manager Town Lane has established a new investment platform focused on senior housing properties in the U.S. after the venture launched last year with roughly $1.3 billion in investor capital.
Private Equity Could Be Ace Of College Sports Real Estate
Private equity, long-established as a source of funding for professional sports, is now poised to make its entrance into college sports by fueling sports real estate and mixed-use districts adjacent to athletic facilities to generate revenue.
Commercial More
Global Net Lease Inc. plans to sell off an 840,000-square-foot Woking, England, vehicle technology campus in a more than $333 million deal that is expected to close on Dec. 22, the real estate investment trust... (more story)
As the general counsel of real estate companies cope with fast-changing market dynamics and consider how to implement new technology, outside counsel can play an important role in helping them make better decisions.
A New York state panel on Monday endorsed a pair of proposals in Queens and another in the Bronx to win three downstate casino licenses, setting up final approval of the multibillion-dollar projects before the... (more story)
A California tribe is asking a D.C. federal court to dismiss three challenges to a U.S. Department of the Interior decision to place 160 acres into trust for its $700 million hotel and casino project, arguing ... (more story)
An Israeli venture capital-backed cultivated meat company breached a payment agreement for work on its inaugural facility in North Carolina and now owes the builder over $35 million, according to a lawsuit fil... (more story)
A Simpson Thacher & Bartlett LLP attorney, who was named to that firm's partnership in January, has joined Kirkland & Ellis LLP's Washington, D.C., office as an investment funds partner, the firm announced Monday.
The U.S. Supreme Court decided Monday to not grant a nonprofit's review petition for a Ninth Circuit ruling that sided with a Hawaii county in a dispute over a special land use permit.
Residential More
A former One Sotheby's International Realty agent accused of stealing $3.7 million in proceeds from the sale of a Miami-area beachfront luxury condo told jurors Monday that while there may have been wrongdoing... (more story)
Property management software company RealPage is asking for a preliminary injunction to block enforcement of a New York law that prohibits building owners from using software to set residential rental rates wh... (more story)
A New York City developer wrongfully took advantage of a rent-stabilization exemption for building renovations to profit from illegally deregulating rent-stabilized apartments, New York State and its Division ... (more story)
Real estate private equity firm Madison Realty Capital has secured $285 million in refinancing for the recently completed Greenpoint Central multifamily property in Brooklyn, broker Walker & Dunlop announced i... (more story)
Brooklyn federal prosecutors on Friday rested their case against a former top aide to New York Gov. Kathy Hochul and former Gov. Andrew Cuomo, after about three weeks of trial over alleged violations of the Fo... (more story)
The Seventh Circuit has backed the dismissal of a Palestinian American's Fair Housing Act lawsuit that accused an apartment building's owner and operator of wrongfully evicting her after she refused to remove ... (more story)
An Illinois federal judge has tossed a proposed price-fixing class action against multiple manufactured housing companies and a data company, ruling the proposed class failed to show the businesses conspired t... (more story)