
NYC Official Talks Criminal Record 'Guardrails' In Housing
New York City implemented a law this year limiting how housing providers — including brokers, landlords and home sellers — can use criminal background checks in deciding whether to rent or sell property. JoAnn Kamuf Ward of the New York City Commission on Human Rights recently spoke to Law360 Real Estate Authority about the new law, a few months in.

It's Getting Harder To Be A Data Center Speculator
Opportunistic investors have discovered they can make a pretty penny selling land after securing power for a proposed data center. But utilities have found ways to weed out the speculators, such as requiring a seven-figure deposit up front.

More Than A Dozen Firms Guided Largest Q1 Hospitality Deals
A&O Shearman and Hengeler Mueller are among more than a dozen law firms that guided the 10 largest global hospitality mergers and acquisitions of the first quarter, all but one of which were announced in the first two months, prior to the ensuing March trade war escalations.
Commercial More
An Alexandria Real Estate Equities Inc. executive said during a Tuesday earnings call that tariffs "are not expected to have a material influence" on the yields of the current development and redevelopment pro... (more story)
The Federated Indians of Graton Rancheria is fighting a bid by a fellow California tribe at the crux of a dispute over the Interior Department's decision to take 70 acres into trust for the construction of a p... (more story)

The demand for office space is declining in the U.S., while office leases aren't being extended and utilization rate has slowed, according to an April report from commercial real estate research firm Yardi Matrix.
Two special-purpose acquisition companies, under similar leadership teams and represented by Perkins Coie LLP, began trading Tuesday after pricing initial public offerings that raised a combined $300 million.
Fashion brand Ralph Lauren completed a purchase of a SoHo retail condominium that it has occupied since 2010, with Fried Frank Harris Shriver & Jacobson LLP guiding the company on the deal.
A group of South Korean insurance companies led by Ocean West Capital Partners took out $205 million in financing on a Midtown Manhattan office tower after foreclosing on prior owner RFR Realty earlier this mo... (more story)
Executives of healthcare real estate investment trust Welltower on Tuesday touted the company's work closing more acquisitions during this year's first quarter than it did in all of 2024, ahead of expected eco... (more story)
Residential More
The Consumer Financial Protection Bureau and a Houston-based real estate developer asked a Texas federal judge Tuesday to pause the bureau's reverse redlining suit so they can engage in mediation to resolve the case.
Aspen Specialty Insurance Co. and a Nashville condominium association have agreed to end their dispute over coverage for nearly $11 million in damages caused by the 2020 Christmas Day bombing in the city, endi... (more story)

The Mortgage Bankers Association asked the U.S. Department of Housing and Urban Development to discard a set of environmental policies attached to federal multifamily loans since 2011, calling the rules obstac... (more story)
Developer PMG obtained a $413 million construction loan for the developer's luxury, mixed-use One Twenty Brickell Residences project in Miami in a deal guided by PMG's in-house counsel, Kramer Levin Naftalis &... (more story)
A Florida state court judge certified a class of more than 140 Miami residents displaced in a condominium fire in a lawsuit alleging the structure was not safely maintained, ruling that the case will proceed m... (more story)
Compass told a Washington federal court that Northwest Multiple Listing Service and its broker-led board of directors have stifled competition, thwarting a product that allows home sellers to test home sales p... (more story)
Prominent Miami developer Michael Stern filed suit Friday in Florida state court against a John Doe who he claims is engaging in a coordinated smear campaign, spreading false information about Stern and his de... (more story)