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 New York federal judge on Wednesday refused to toss a fraud suit accusing office-focused real estate investment trust SL Green Realty Corp. and several of its entities of conducting a fraudulent property tra... (more story)
A Florida federal judge said Tuesday he's "puzzled and disappointed" in counsel who appear "unprepared" on the eve of trial in a suit by children who blame their birth defects on Lockheed Martin's chemical han... (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)
The Second Circuit on Wednesday pulled back from a holding that mortgages underlying a union pension fund's mortgage-backed securities investments that tanked during the financial crisis were plan assets under... (more story)
A Texas bankruptcy judge Wednesday signed off on the Chapter 11 liquidation plan of Cajun food chain Razzoo's, months after the debtor sold its assets for more than $18 million to a Dallas-based restaurant developer.
A Texas bankruptcy judge said Wednesday he would sign off on the Chapter 11 plan outlined by Office Properties Income Trust, a real estate investment trust that owns and leases out office space nationwide, ove... (more story)
A Missouri airport Marriott built on land owned by the city is subject to a reduced property value despite the assessor's protests that the reduced value is unconstitutional, the state Supreme Court affirmed.
Residential More
The Consumer Financial Protection Bureau has moved to curtail enforcement of a decades-old federal fair lending statute, finalizing a rule that consumer advocates are condemning as an evisceration of antidiscr... (more story)
A national property management firm was hit with a proposed class action in Colorado federal court alleging that it charges tenants nearly $3 million in unauthorized fees annually for gas, common area electric... (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.
Canyon Partners Real Estate LLC said Wednesday it has provided a $123.8 million senior loan to private equity firm ACRE to develop a 337-unit, Class A residential complex as the second phase of a project in Miami.
A Philadelphia-based developer has told a New Jersey state court that South Jersey power broker George Norcross and his attorney brother's opposition to his bid to amend his suit is really an effort to get an untimely ruling.
Florida's Office of the Attorney General has asked a state court for permission to file an amicus brief supporting developer Bal Harbour Shops LLC's suit against a municipality that rejected the developer's ap... (more story)
AI-native law firm Norm Law LLP has hired Sidley Austin's former global head of real estate to lead its real estate practice as a partner, the firm announced Tuesday.