by Pillsbury’s Construction & Real Estate Law Team
In our latest roundup, commercial mortgage bond market in trouble, commercial real estate investments, pressure on mortgage REITs, and more!
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Expanding Intrigue of AI in Construction (Properties Magazine)
Artificial Intelligence (“AI”) has roared into the discourse of the new economy. While the construction industry has lagged behind in its implementation, there is no doubt that AI has become an inescapable reality. Opportunity for improvements in efficiency make the construction industry primed for a boom in the expansion of construction-related AI applications. The Stanford
With Wildfires at a Peak, “Firetech” Is Joining Smart City Lineups
The threat of extreme wildfires has doubled in the past 20 years, with almost 20,000 fires blazing across the United States in 2024 alone. These high-intensity fires can be deadly, expensive, and create lingering health and environmental consequences. While we are used to seeing firefighters on the frontlines, researchers hope that
Big Data Meets Big Green: Data Centers and Carbon Removal Compete for Zero-Emission Energy
by Robert A. James, Sidney L. Fowler and Ashleigh Myers
Artificial intelligence, data centers, carbon removal and zero-emission power may sound like a winning line (plus the Free Space) on a 2024 Buzzword Bingo card. But the concepts have come into dramatic real-world tension as private and public actors seek to accommodate the digital
How to Play An (Apparently) Manichean Election
If it really didn’t matter, all this electioneering drama would be good fun, wouldn’t it? Throw in some sex and a car chase and this would work on Netflix! Regrettably, in the real world, it is less than entirely amiable.
It is probably true that most of us are anxious as the election carries so many notes
Client Conversations: Nik Bandak of Bandak Project Management
by Pillsbury’s Construction & Real Estate Law Team
Pillsbury partner Adam Weaver recently sat down with Bandak Project Management CEO Nik Bandak to discuss interest rates and financing trends, human capital and presence equity, AI and more.
AI is Changing the Real Estate Industry. How Will It Impact Your Business?
As we stand on the cusp of transformation in the commercial real estate industry, one cannot help but recall the sage words: “With great power comes great responsibility.” In an era marked by technological advancements occurring at a blistering pace, the real estate industry (commercial, industrial, residential, office, hotel and every other class of real estate)
Real Estate & Construction News Roundup (6/26/24) – Construction Growth in Office and Data Center Sectors, Slight Ease in Consumer Price Index and Increased Premiums for Commercial Buildings
by Pillsbury’s Construction & Real Estate Law Team
In our latest roundup, U.S. interest rates remain uncertain, construction firms continue to use artificial intelligence, New York City updates commercial zoning regulations, and more!
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WSBA Construction Law Section Midyear CLE Program
On June 14, 2024, the WSBA Construction Law Section is hosting its midyear CLE program, “Back to the Future: Leveraging Technology in Post-Covid Construction Disputes,” which will cover ethics, construction-related case law updates, technology, perspectives from the bench, arbitration, artificial intelligence, and legislative updates and appeals.
As part of the program, my colleague Colm Nelson
Maryland Needs to Produce More Electricity
Maryland, like many other similarly situated states, cannot import its way out of this predicament with ever increasing electricity demand, produced from coal or not.