Exterior of Federal Reserve building

How The Fed's Rate Hike May Affect Real Estate

Real estate practitioners mostly downplayed the immediate impact that Wednesday's widely anticipated interest rate hike by the Federal Reserve will likely have on the industry, but they also noted the significant challenges that reinforced expectations for a "higher-for-longer" rate environment portends for financing and project advancement.

Small American flags at the 911 Memorial reflecting pool

25 Years Later, Real Estate Lawyers Reflect On Sept. 11

Preparing to close a loan for a large office building acquisition. Meeting with clients who had traveled from Buffalo to Manhattan for a hearing. Anticipating a brother opening a New York restaurant. These are among the Sept. 11 stories New York real estate lawyers shared with Law360, 25 years after the attacks on the World Trade Center.

A long perspective view of a modern data center featuring rows of glass-enclosed server racks with glowing blue lights flanking a central walkway with a gold-lit metal floor grate.

Developers Allege Data Center Bans Defy Due Process

Developers across the country are accusing city and county governments of violating their constitutional rights to due process, claiming in federal lawsuits that recently enacted moratoriums on data center projects are expressly targeting them.

Expert Analysis

How Data Center Projects Can Navigate Wyo. Siting Process

Jeffrey Pope

As opposition to data center development grows nationwide, the way that Wyoming is handling the issue through its ... (more story)

How Real Estate Funds Can Use Umbrella Partnership REITs

Edward Hannon and Dean Loventhal

Recent transactions demonstrate how the conversion from a Delaware statutory trust to an umbrella partnership real... (more story)

A Look At Litigation Risks From Financing The AI Buildout

Erik Johannesson

Artificial intelligence infrastructure financing can create gaps between accounting presentation and project-level... (more story)

Commercial More

Data Center Power Provider Accelevation Eyes $660M IPO

Data center power provider Accelevation Holdings on Tuesday outlined a price range for an estimated $660 million initial public offering steered by Kirkland & Ellis LLP and Simpson Thacher & Bartlett LLP.

AI Data Centers Accused Of Skirting Enviro Permits In Texas

Two environmental groups sued Vantage and VoltaGrid in Texas federal court, claiming the AI data center developers are exploiting fast-track permits reserved for minor polluters even though their projects woul... (more story)

Aerial view of long, flat gray buildings in an H-shaped complex
Data Center Suits, Arbitrations Have Tripled In Last 5 Years

Major lawsuits and arbitrations against data centers across the world have tripled since 2021, with disputes largely focused on zoning and environmental issues, according to a Tuesday report by global insurance group Howden.

Summer Camp Operator Says Cash Advances Were Loans

The insolvent company that ran dozens of summer camps in several states is asking a New Jersey bankruptcy judge to find the financing agreements it had entered shortly before it sought Chapter 11 protection we... (more story)

Mich. City Says Data Center Moratorium Suit Is Premature

A Michigan city has urged a federal judge to dismiss a lawsuit from developers that challenges a one-year moratorium on data center development, saying the pause doesn't represent a final land use decision tha... (more story)

Lenders Say Baltimore Property Flips Fueled $10M Fraud

Two wholesale asset-based mortgage lenders have accused a cadre of appraisers, title companies and real estate investors of passing off inflated appraisals on nearly 60 Baltimore homes and causing more than $1... (more story)

Latham, Milbank Guide AI Hyperscaler Nscale's IPO Plans

United Kingdom-based Nscale, a Latham & Watkins LLP-advised data center developer, filed for an initial public offering, reporting that $88.4 billion in contracted work for its two largest customers, Microsoft... (more story)

Residential More

Trump, Mamdani Vow To Build Affordable Housing In Queens

President Donald Trump and New York City Mayor Zohran Mamdani announced that their administrations will work together to build a 12,000-unit affordable housing project in Queens.

QXO Unit Says Denver Developer Owes Unpaid Invoices

A Colorado-based subsidiary of building materials company QXO accused a Denver residential developer and construction company in state court of owing money for materials that were provided under a credit appli... (more story)

A for sale sign standing in front yard of house
Consumer Groups Ask States To Probe Zillow, Housing Market

More than a dozen consumer advocacy groups urged state authorities Wednesday to work together to probe Zillow and Redfin's compliance with an August deal to end a Federal Trade Commission lawsuit, and to inves... (more story)

Homeowners Say Home Equity Co. Sells Predatory Products

A proposed class of North Carolina homeowners claimed in a federal lawsuit that Unison Agreement Corp. and related companies locked them into predatory, usurious and misleading home equity sharing agreements.

Canadian Man Owes Tax As Homebuilder, Court Says

A Canadian man owes about CA$540,000 ($385,200) in sales tax as the builder of a home sold for a profit despite claiming that his original motivation was to live in the home, the Tax Court of Canada found.

NYC Real Estate Week In Review

Davis+Gilbert LLP and Hunton Andrews Kurth LLP are among the law firms that guided the top New York City real estate trades that hit public records last week, with a roughly $200 million Bronx deal topping the list.

Latham, Skadden Guide Orion180 Insurance's $240M IPO

Orion180 Insurance Group Inc. began trading Friday after the specialty insurer sold 20 million shares for $12 each in a $240 million initial public offering guided by Latham & Watkins LLP and Skadden Arps Slat... (more story)