AI Bolstered Proptech Development, Growth In 2025
Amid the ongoing frenzy over artificial intelligence, the property technology sector showed signs of maturing in 2025 along with an upswing in investments.
A Blockbuster Year For Data Centers
Booming demand drove an explosive year for growth in the data center sector in 2025, with deals getting larger, more multifaceted and more complex for legal teams to pull off.
Moody's Says Funding Types Grow With Data Center Demand
Financing sources for data center projects are becoming more diverse as the number and size of such developments continue to grow, according to a report from analyst and credit rating agency Moody's.
Commercial More
A Georgia partnership invoked the Fifth Amendment in defending its $15.7 million conservation easement tax deduction in the U.S. Tax Court, arguing that the IRS in denying the deduction effectively is taking p... (more story)
Minnesota's tax court was correct in reducing the tax valuations of a Hilton hotel and convention center, which included a $70 million drop in one year, the property owner told the Minnesota Supreme Court.
The New York State Gaming Commission granted three casino licenses to New York City for projects proposed in Queens and the Bronx, finalizing a tiered license system tied to the size of applicants' investments.
After New York increased a little-used property tax break for landlords of child care centers, and extended its application window through 2027, both landlords and child care providers are showing more interes... (more story)
The Office of the Comptroller of the Currency has unveiled a pair of proposals aiming to, among other things, preempt state laws requiring banks it regulates to make interest payments for escrow accounts conne... (more story)
The Kansas City Chiefs are leaving their longtime home in Missouri to play in a new, $3 billion stadium in Kansas City, Kansas, that state's governor and the NFL team announced.
The developers behind the former Hudson Hotel in Manhattan have asked a Delaware bankruptcy judge to recharacterize a long-term "ground lease" tied to the property as a disguised financing arrangement, arguing... (more story)
Residential More
New York City wants to pump the brakes on the reorganization and sale of a group of debtors affiliated with Pinnacle Group, arguing the landlord cannot sell its buildings until it corrects code violations in w... (more story)
A New Jersey state appeals court backed the permanent dismissal of claims, crossclaims and counterclaims involving business agreements over a Newark residential property, ruling Friday that a lower court right... (more story)
When the National Association of Realtors unveiled nationwide buyer commission rule changes amid a $418 million antitrust settlement in 2024, multiple listing services and their counsel took on the heavy lift ... (more story)
Homeowners insurance investigations, a novel climate suit accusing oil majors of contributing to high premiums, and a California action accusing carriers of collusion are some of the top property insurance mat... (more story)
A Hawaii vacation homeowner failed to appeal his property's tax assessment through the correct channels and is now time-barred from doing so, the Hawaii Supreme Court said.
A company associated with a group of wealthy Silicon Valley business owners who are working on building a minicity has settled its antitrust suit against the last few local landowners that were facing the comp... (more story)
Outgoing New York City Mayor Eric Adams vetoed a bill in his final hours as mayor that would have granted some nonprofit housing companies the first shot at purchasing specific residential buildings or land zo... (more story)