
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
The volume of hotel rooms under construction across the U.S. fell for the third consecutive month in March, according to figures from real estate analytics company CoStar.
A federal judge in Seattle threw out a Las Vegas investment company's lawsuit accusing four businessmen of a $42 million fraud scheme, saying on Monday that the firm hasn't shown a "substantial part" of the al... (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.
An immigration attorney claiming a Wells Fargo adviser led her astray has no one to blame but herself for being sued by the U.S. Securities and Exchange Commission for EB-5 investment fraud, the company told a... (more story)
Simpson Thacher and Goulston & Storrs are among the law firms that guided the largest New York City real estate deals to hit public records last week, with a pair of Brooklyn matters topping the list.
The Washington Commanders will move from their current home in Maryland to a $3 billion stadium at the site of their previous stadium in D.C., team and city officials announced Monday, less than two years afte... (more story)
Healthcare property owner Diversified Healthcare Trust on Monday said it had closed on a $109 million mortgage from Freddie Mac, secured by seven senior living sites in seven states, in a refinancing effort.
Residential More
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)

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)
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)
New York City defended a law approved last year banning landlords from passing on broker fees to tenants, in an attempt to toss a federal lawsuit from a group of broker interests claiming the policy is preempt... (more story)
Retail-focused real estate investment trust Agree Realty Corp. signed a forward sale agreement in which the REIT made a more than $340 million public offering of 4.5 million shares of its common stock for the ... (more story)
The Second Circuit on Monday affirmed the convictions and life sentences of a New York City developer and another man for plotting the murder of a former employee who they claimed had poached workers and clien... (more story)