Views of foxtail palm trees at the front of apartment buildings at Miami, Florida stock photo (iStock/Jason Finn)

What They're Saying About Fla.'s New Property Tax Break

Florida voters pushed a controversial property tax break just over the finish line on Election Day despite warnings from local governments and police and firefighter associations that the proposal would eliminate billions of dollars used to fund public safety and other core services. Now comes the waiting period to see how local governments respond when they put their budgets together next year.

Yard sign that says Vote Yes to Ban Data Centers

Ohio Voters Lead Data Center Pushback In Ballot Questions

Voters on ballot questions across the country Tuesday broadly opposed building new data center projects, with Ohio voters enacting roadblocks to projects pitched by Amazon, Meta and others, in an electoral test for the buildout of artificial intelligence infrastructure.

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.

Expert Analysis

6 Ways RE Projects Can Balance Campus, Commercial Needs

Bob Burton

Recent mixed-use campus developments show that housing, research, hospitality, retail and recreation can share infrastructure a...(read more)

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 judgment while a...(read more)

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 that state an...(read more)

Commercial More

Ga. Utility Board Likely To Tighten Rules For Data Centers

The new Democratic majority at the Georgia Public Service Commission could mean tougher rules for big power users like data centers, experts told Law360, but legal limitations and the slow-moving nature of energy planning ...(read more)

Bike Group Backs Injunction Blocking DC Golf Course Plan

A bicyclist advocacy group urged a D.C. federal judge to keep the Trump administration from cutting down more trees or taking other steps to develop a championship-style golf course at East Potomac Park while litigation ov...(read more)

cropped shot of a man leaning on his walking stick
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 new construc...(read more)

Data Centers, Office Carry CRE Brokers Despite Rate Rise

Commercial real estate brokerage executives said on recent earnings calls that they're weathering pressure from higher interest rates while capitalizing on data center growth and rebounding demand for office space.

Vedder Will Move NYC Staff To New Manhattan Office

Vedder's New York City staff will move to a new downtown Manhattan office sometime in 2027 after the law firm signed a 49,000-square-foot lease in a 2.6-million-square-foot office tower, according to landlord Rockefeller G...(read more)

Rates Slow Q3 Office REIT Earnings Despite NY Demand

Office owners Vornado Realty Trust, BXP Inc. and SL Green Realty Corp. are each aiming to capitalize on fast-rising rents for the best space in Manhattan, even as higher interest rates have dragged third-quarter earnings d...(read more)

MVP: Kirkland's Kimberly McGrath

Kimberly McGrath of Kirkland & Ellis LLP is advising a consortium of investors acquiring Aligned Data Centers LLC in a $40 billion deal and is guiding CyrusOne LP on several multibillion-dollar data center transactions, ea...(read more)

Residential More

Ritz-Carlton Loses Bid To Cut $122M Colo. Tax Assessment

A Colorado Court of Appeals panel affirmed a $122 million assessment of a Ritz-Carlton timeshare location, finding Thursday that Colorado law doesn't recognize the fractional-ownership model used at the Colorado mountain p...(read more)

Florida AG's First Street Suit Targets Climate Risk Scores

A second state attorney general lawsuit against a climate data analytics company is putting the spotlight again on privately created climate models that can influence home values and the cost of insurance.

Man with dark hair and beard wearing a suit and red tie stands behind a lectern with a gold seal
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 spurring a flurry of...(read more)

US Bank Sues Atty's Estate Over $2.86M Construction Loan

U.S. Bank has sued the estate of a Connecticut attorney who acted as closing counsel and settlement agent on a $2.86 million loan tied to a high-end Greenwich property, citing a paralegal's testimony that neither she nor t...(read more)

DOJ Says Willow Bridge's RealPage Deal Needs No Tweaks

The U.S. Department of Justice responded to commenters pushing for changes to the rent price-fixing settlement it reached with Willow Bridge Property Co. LLC, arguing there's no need to add a distinction in the deal betwee...(read more)

Consumers Drop Cambridge Management Data Breach Suit

A proposed class of consumers has decided to dismiss its data breach claims against property manager Cambridge Management Inc. without prejudice, according to a court notice filed in Washington federal court.

NY Panel Tosses Challenge To Rollout Of NYC 2nd-Home Tax

A New York state appeals court threw out a challenge lodged by homeowners to the rollout of New York City's tax on high-value second homes, saying they lacked standing to bring the suit.