Looking-up view of office tower with an East 42nd Street sign in the foreground

Interest Rate Uptick Adds New Wrinkle To Office Conversions

Three months after a structural failure at a prominent office-to-residential conversion in New York City prompted a sweep of inspections, investors are pursuing such projects as actively as ever, though rising interest rates pose a fresh challenge, according to a real estate leader at Polsinelli PC.

Silhouetted man walks down narrow pathway between tall stacks of servers

Data Centers Loom Large In Calif. Ballot Initiative Debate

An initiative on California's November ballot is spurring debate about the environment, housing, energy and infrastructure — and opposing sides seem to largely disagree on whether the change to the state's environmental law would apply to data centers.

A person holds a black posterboard sign that says Fight Data Centers

Where Data Center Bans Are On The Ballot

Voters in about a dozen states will weigh the future of data center development in their cities and counties through ballot measures in the upcoming midterms, including in one state where proposed bans are up for consideration in 10 localities.

Expert Analysis

How Shift In Ohio Foreclosure Appeals Alters Lenders' Risk

Terry Posey

In a series of recent decisions, the Ohio Supreme Court changed who bears the risk of an erroneous foreclosure jud... (more story)

Preventing HOA Bias After Wash. Ruling Highlights Risk

Brett Sullivan

Because homeowners nationwide can now draw on precedent from a recent Washington state appellate decision holding ... (more story)

Tracking The 2027 Va. Bills That May Tighten Data Center Regs

David Schneider and Briana Becker

Data center developers and operators should monitor Virginia legislation responding to the state's new data center... (more story)

Commercial More

Healthcare REITs Funnel Billions Into Senior Housing In Q3

The two biggest healthcare real estate investment trusts in the U.S., Welltower Inc. and Ventas Inc., have invested a combined $26 billion this year in buying senior housing for their respective portfolios, as... (more story)

Nonprofits Seek To Halt Texas Data Center Support Projects

Public Citizen and the Sierra Club urged a Texas federal court to pause the construction of power plants and backup diesel generators for two data center campuses in the state, claiming their members will be h... (more story)

Two people stand in front of a ballot dropoff box that says VOTE on the side
Property Tax Break Tops RE Questions Facing Fla. Voters

Real estate matters will factor into Florida voters' decision-making on Election Day, most prominently over a proposal to amend state property tax law but also in several other state and local questions that c... (more story)

Latham-Led I Squared Wraps $2.4B Infrastructure Credit Fund

Latham & Watkins LLP-advised infrastructure investor I Squared Capital on Tuesday revealed that it closed its second infrastructure credit fund with over $2.4 billion of committed capital.

Top Real Estate Atty Joins Goodwin As Weil Winds Down

A prominent co-leader of the real estate practice at Weil Gotshal & Manges LLP is joining Goodwin Procter LLP as his former firm begins to wind down operations, according to a Tuesday announcement.

Security Co. Allowed Multiple Break-Ins, Cannabis Co. Claims

Burglars broke into a Sacramento cannabis facility multiple times in one night because of the allegedly sloppy work of the security company paid to guard it, according to a lawsuit filed in California state co... (more story)

Mamdani Administration Seeking 'Fast Affordable Housing'

New York Mayor Zohran Mamdani, in contrast to his predecessor, has been aggressive in pushing for more affordable housing, and that vision, coupled with New York's new landmark City of Yes rezoning, is spurrin... (more story)

Residential More

Willkie Partner Loses Claims Over Conn. Atty's NY Post Tip

A Willkie Farr & Gallagher LLP partner and his wife cannot hold a solo practitioner liable for directing a New York Post reporter to an insult-laced affidavit a landlord filed in an underlying lawsuit surround... (more story)

Insurer Must Cover Concrete Defect Dispute, Court Told

A concrete subcontractor accused by a general contractor of causing millions of dollars in damage to a condominium project in downtown Denver said it is entitled to coverage under the contractor's policy, tell... (more story)

Man with shaggy brown hair wearing a gray suit and green tie sits in an armchair holding a microphone
Trudeau Urges Gov't Role In Easing Housing Crisis

Headlining the Urban Land Institute's annual meeting in Miami Beach, Florida, former Canadian Prime Minister Justin Trudeau said Monday that government has a critical role to play in addressing the housing cri... (more story)

Texas Residents Say SpaceX Knew Launches Were Too Loud

A group of Texas homeowners is pushing back against SpaceX's bid to throw out their noneconomic damages in a suit alleging that its space launches were loud enough to damage their homes, saying the Elon Musk-o... (more story)

CoStar Dodges Rent Fee Class Action After Deal In Principle

An Apartments.com user dropped her proposed nationwide class action accusing the online service of charging "junk transaction fees" on rent payments made through its platform, according to an order granted Mon... (more story)

Ex-Fairstead Partner Says Late Experts Violate Court Order

A former partner at affordable housing firm Fairstead Capital Management LLC urged the Delaware Chancery Court on Monday to stop the company from using newly disclosed valuation experts and documents in a figh... (more story)

NYC Real Estate Week In Review

Seyfarth Shaw LLP and Schwartz Sladkus are among the law firms that scored work on the largest New York City real estate deals to hit public records last week, the top three of which were residential matters.