Morgan Properties, the nation’s largest private owner of multifamily communities, dropped $501M to acquire a portfolio of 3,054 units in eight Midwest states from Trilogy Real Estate Group.

Eastdil Secured is going after six of its recently departed brokers in court, claiming that they looted the brokerage’s trade secrets and ran off with their business.

Following a tumultuous legal battle, Boston and its development partners are allowed to continue with their $200M project to renovate a 79-year-old stadium for a new National Women’s Soccer League team. 

Artificial intelligence is making data center electricity consumption more volatile and harder to predict. Industry executives say that will create problems for the growing number of data centers that produce some or all of their own power. 

CoStar Group’s earliest investor left his position as chair of the company’s board as part of a shakeup described as part of a “refresh” to the company’s approach to leadership and spending.
Three members of the analytics giant’s board of directors were replaced and a new independent board chair was announced, effective immediately. CoStar is also forming a capital allocation committee to scrutinize the conglomerate’s financial performance and future strategy.

Blanchardstown Centre owner Strategic Value Partners has pledged to “invest heavily” in Ireland’s largest mall, with plans to expand starting with a 35K SF food and beverage destination, an improved car parking offer and a new bus transit station with direct links to Dublin city centre.
Speaking exclusively to Bisnow after the Dublin Real Estate Outlook 2025 event on Thursday, SVP Managing Director of Commercial Real Estate Anders Hemmingsen said that the company was in discussion with architects about the design of the new food and beverage area, which will consist of a mix of dining options, including local Irish brands.
“We don’t want it to be…

An affordable housing debt platform launched by a Westwood company last year could face greater demand following the Trump administration’s cuts to federal agencies and entities critical to affordable housing and February’s cancellation of $60M in contracts with affordable housing developers. 
SDS Capital Group began deploying its $1B in available debt last fall and has already committed nearly half of it to finance 1,427 units, but company executives say the shake-up in the affordable housing ecosystem could draw more developers to their door.

The U.S. Department of Energy is moving forward a Biden-era initiative to expand data center capabilities on federal land, the agency announced Thursday.
The DOE identified 16 potential sites for development of data center construction that include existing infrastructure and the possibility of expedited permitting for new energy sources, including nuclear power. 
In addition, the agency released a request for information regarding the possible use of DOE land for artificial intelligence infrastructure.
“The global race for AI dominance is the next Manhattan project, and with President [Donald] Trump’s leadership and the innovation of our National Labs, the United States can and will win,” Secretary of Energy…

Liquidity and capital that were benched on the sidelines for the past few years are back — and they are gaining momentum.
On the April 2 episode of the Walker Webcast, Walker & Dunlop CEO Willy Walker was joined by three Walker & Dunlop executives — Aaron Appel, senior managing director, capital markets; Kris Mikkelsen, executive vice president and co-head of investment sales and real estate finance; and Ivy Zelman, executive vice president, research and securities at Zelman & Associates, a Walker & Dunlop company — to discuss one of the industry’s most pressing questions: Where is capital being deployed in today’s commercial real…

When Atlanta developer Windsor Stevens Holdings was preparing its site along the Atlanta BeltLine for The Proctor apartments, it had to shell out nearly $20K to the city of Atlanta to take down 19 trees, according to invoices shared with Bisnow.
But under a new tree ordinance under consideration by the Atlanta City Council, Windsor Stevens founder Rod Mullice estimates that removing the same trees would cost more than $155K. 
“This is not helpful for housing affordability and having workforce housing in the city,” Mullice said. “For a marginal project, it would prevent it from happening.”