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aerial view of semi trucks lined up in a parking lot

Real Estate Investors' Latest Craze? Truck Parking Lots

Many people don't like them because they're an eyesore, but truck terminals and container yards have become a coveted asset for real estate investors, partly because of how hard it is to develop more of them.

Data center campus

New Tactics In The Data Center Wars: Incentives, Moratoriums

A rising tide of public opposition and scrutiny of artificial intelligence has culminated in several states repealing tax incentives for data centers and one state enacting the nation's first moratorium, prompting developers to look for friendlier pastures.

Exterior view of a high-rise's upper floors under construction, with art deco building in background

Attorneys Size Up Woes At Old Pfizer Building

While city agencies investigate the cause of a structural failure at the old Pfizer building, New York City's largest office-to-residential conversion, attorneys assess whether it could impact the conversion market and the potential for legal liability. The developer, MetroLoft, has faced lawsuits at other conversions.

Expert Analysis

Navigating OFAC's 50% Rule For Cross-Border Exec Mobility

Xuan Zhang

A recent Office of Foreign Assets Control guide signals that its 50% ownership rule can determine not only sanctio... (more story)

USDA Rule Would Broaden Foreign Co. Reporting Burden

Margaret Krawiec and Todd Kelly

The U.S. Department of Agriculture's recently proposed overhaul of foreign landholder reporting obligations would ... (more story)

AI-Fueled Pro Se Suits Pose Rising Risk For Lenders

Joseph Briggett

Harris v. Pinnacle Bank, a recently decided Mississippi federal court case, illustrates how pro se borrowers are u... (more story)

Commercial More

NY Castle Owner Says Sale Efforts Justify Ch. 11

The entity behind a century-old castle on the Gold Coast of New York's Long Island has defended its Chapter 11 case against a dismissal motion from the U.S. Trustee's Office, arguing the estate was not losing ... (more story)

Fannie Mae Drops $28M Suit Over Senior Living Loans Default

Fannie Mae has voluntarily dropped the remaining claims in its lawsuit accusing borrower Affinity Living Communities of defaulting on $28.3 million worth of loans from the government-backed lender, telling the... (more story)

Two people in suits shake hands
4 Firms Guide $1.2B Self-Storage REIT Merger

Two real estate investment trusts sponsored by SmartStop Self Storage REIT Inc. affiliates have agreed to a $1.2 billion all-stock merger that's being advised by Nelson Mullins Riley & Scarborough LLP, Venable... (more story)

Blackstone, Wellington And Vanguard Debut Investment Funds

Blackstone, Wellington Management and Vanguard have established two new closed-end investment funds that are initially going to open to Merrill and Bank of America Private Bank's clientele, the three companies... (more story)

Ga. Partnership Disputes Denial Of $6M Easement Deduction

The Internal Revenue Service improperly denied a Georgia partnership a $6 million charitable contribution deduction it claimed for the donation of a conservation easement, the partnership told the U.S. Tax Cou... (more story)

Burr & Forman Adds Real Estate Partner From Byrd Campbell

Burr & Forman LLP announced Wednesday that it has grown its real estate capabilities in Tampa, Florida, with the addition of a partner from Byrd Campbell PA.

Paul Hastings, Sidley Guide Data-Center Co.'s $4B SPAC Deal

Artificial intelligence infrastructure company TECfusions reached a $4 billion valuation in a Wednesday deal guided by Sidley Austin LLP and Paul Hastings LLP to go public using a blank-check company.

Residential More

Landlords Claim Mayor Mamdani Swayed NYC Rent Freeze Vote

A group of landlords on Wednesday challenged a decision last month by the New York City Rent Guidelines Board to freeze rent on more than 1 million rent-stabilized leases in the city, claiming Mayor Zohran Mam... (more story)

Eastham Sues Over Failed Alabama Apartment Venture

An investor has sued the general partner and property management companies behind an Alabama apartment venture, along with their owner, Audubon founder and CEO Andrew Schwarz, in the Delaware Chancery Court, a... (more story)

Beige and white manufactured homes with small lawns and stairs that lead to the porch and front door stand along a street lined with tall trees on a sunny day
Housing Law Backs New Models For Manufactured Housing

A newly passed federal law is making it possible to reimagine how manufactured housing is built in the U.S. Cozen O'Connor partner Thomas Casparian spoke with Law360 Real Estate Authority about the changes the... (more story)

Wash. Law Bars Discriminatory HOA Enforcement, Panel Says

The Washington State Court of Appeals reversed the dismissal of the Washington State Human Rights Commission's administrative housing bias complaint against a homeowners association and other parties, ruling t... (more story)

AGs Appeal Order Blocking RealPage Damages In MDL

Attorneys general for Kentucky, Washington state, New Jersey, Maryland and D.C. have asked the Sixth Circuit to review a district court ruling barring them from seeking damages on behalf of their residents alo... (more story)

Holland & Knight Hit With $1.2B Malpractice Suit

A real estate firm is accusing Holland & Knight LLP and three attorneys of malpractice in a new complaint filed in Florida state court and is seeking up to $1.2 billion in damages after more than 30 states ope... (more story)

Hudson Hotel Co. Wants Another Plan Deadline Extension

A company connected to the former Hudson Hotel in downtown Manhattan has asked the Delaware bankruptcy court to again extend the period in which only it can file a Chapter 11 reorganization plan, this time for... (more story)