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
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)
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)
An Indiana legislative panel has taken a step toward supporting the Chicago Bears in a possible move from Soldier Field in Chicago to a domed stadium in Hammond, Indiana, after Illinois lawmakers said late las... (more story)
The U.S. Supreme Court will kick off its February oral argument session by hearing cases that could expand or limit the availability of damages for U.S. victims of property seized by the Cuban government and a... (more story)
Fried Frank Harris Shriver & Jacobson LLP and Szenberg & Okun PLLC guided the sale of a $143 million vacant New York City lot to a close, a price slightly below the $150.5 million the seller first announced in August.
Offit Kurman Attorneys At Law has brought on a Taylor Duma LLP partner in Atlanta who has guided developers, lenders, public entities and mission-driven organizations in commercial real estate projects for decades.
Residential More
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)
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.
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)
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)
The U.S. Supreme Court on Monday declined a petition to review Huntington Beach's challenge to California laws requiring the city to build high-density housing despite the objections of local officials.