CRE Brokers Tout Q4 Results Despite AI Disruption Concern
Commercial real estate's biggest brokerages disputed the notion that artificial intelligence technology could eventually replace the work of brokers or drive down demand for office space during fourth-quarter earnings calls announcing brisk earnings and revenue growth.
Shareholder Activism In Real Estate Enters New Era
Boards of directors for real estate investment trusts should expect dissenting investors to continue challenging corporate leadership behind closed doors and in the open, attorneys say, because the days of REITs being unattractive targets are over.
Perkins Coie Atty Talks Anti-Money Laundering FinCEN Rule
Starting in March, residential real estate transactions will have to make disclosures under new anti-money laundering requirements from the U.S. Treasury Department's Financial Crimes Enforcement Network.
Commercial More
Attorneys and other industry professionals shared insights with Law360 Real Estate Authority about how Friday's U.S. Supreme Court ruling striking down certain tariffs and the White House's response may impact... (more story)
A Florida state judge said Monday the estate of a man who drowned after being caught in a rip current will need to show that a Miami Beach hotel owned or controlled the beach to prevail on its premises liabili... (more story)
Real estate investment trusts Equinix Inc. and Digital Realty Inc. attributed the growth they experienced last quarter and last year to data center demand from various sources, including business sectors beyon... (more story)
The Boston Zoning Commission has unanimously approved a McDermott Quilty Miller & Hanley LLP-guided joint venture's upcoming 160,000-square-foot, 438-room hotel project to be located in the city's Seaport District.
The U.S. Supreme Court on Monday appeared inclined to erect guardrails around a federal law allowing U.S. victims of property seizures by the Cuban government to seek damages, in a pair of cases involving dama... (more story)
Greenberg Glusker Fields Claman & Machtinger LLP announced Monday the firm is expanding its ranks with the addition of two new partners to its Los Angeles office: a land use whiz from Jeffer Mangels & Mitchell... (more story)
A California federal judge sent most of a former Matterport executive's harassment and retaliation suit to arbitration, amid a suit that has prompted CoStar's efforts to disqualify Quinn Emanuel Urquhart & Sul... (more story)
Residential More
South Carolina-based United Homes Group announced Monday that it has agreed to be acquired by rival homebuilder Stanley Martin Homes, in a deal guided by three firms that values the company at $221 million.
A company that screens potential tenants' criminal and credit histories on behalf of landlords cannot be held liable under the Fair Housing Act for blocking a disabled man from moving in with his mother becaus... (more story)
On Wednesday, New York City Mayor Zohran Mamdani announced six appointments to the Rent Guidelines Board, a nine-member body that could green-light a rent freeze for the city's 1 million rent-stabilized apartm... (more story)
A New Jersey watchdog will take its bid to shield investigative files from discovery in a hospital's antitrust suit to the Third Circuit, according to a court notice.
Veris Residential Inc. announced Monday that its board of directors has signed off on a proposed $3.4 billion acquisition by an Affinius Capital-led team of investors, in a deal inked under the guidance of six firms.
A Georgia law firm and its attorney have argued that the state's anti-SLAPP statute should shield them from an affordable housing nonprofit's suit, urging a state judge to permanently toss the matter because t... (more story)
An AIG unit can't escape a Florida condominium association's suit seeking $3.8 million for plumbing damage, a federal court ruled, saying there is a factual dispute regarding whether the insurer was prejudiced... (more story)