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
A key regulatory definition under the Clean Air Act may receive an overhaul from the Trump administration that could clear a fog of ambiguity that has prompted questions among construction attorneys for decade... (more story)
The Interior Department said it has cleared the way for faster approval of large infrastructure projects by finalizing a rollback of nearly 50-year-old policies in the National Environmental Protection Act to ... (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)
David Stifter was aiming to help his employer, a global real estate investment firm, streamline the process of paying bills for its complicated web of ownership entities. He ended up launching an independent t... (more story)
Wells Fargo urged a Florida federal court to dismiss it from a proposed class action from EB-5 investors who say the bank facilitated a fraudulent real estate project in Orlando, Florida, arguing the complaint... (more story)
Gibson Dunn & Crutcher LLP and Stearns Weaver Miller guided the $321.1 million sale of the 253-key Ritz-Carlton New York hotel in Manhattan, the largest of eight property sales north of $20 million last week.
Attorneys and other industry professionals shared insights with Law360 Real Estate Authority about how Friday's U.S. Supreme Court ruling striking down certain tariffs and the White House's response may impact... (more story)
Residential More
The U.S. Supreme Court on Monday appeared inclined to erect guardrails around a federal law allowing U.S. victims of property seizures by the Cuban government to seek damages, in a pair of cases involving dama... (more story)
South Carolina-based United Homes Group announced Monday that it has agreed to be acquired by rival homebuilder Stanley Martin Homes, in a deal guided by three firms that values the company at $221 million.
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)
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 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.
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.