In our latest roundup, Hurricane Helene affects infrastructure, California Gov. Gavin Newsom signs bills aimed at renter protections, Federal Reserve kick-off rate-easing cycle, and more! Hurricane Helene illustrates how communities and infrastructure across the U.S. are unprepared for the extreme weather driven by climate change. (Julie Strupp, Construction Dive) The…
Gravel2Gavel Construction & Real Estate Law Blog
Resilience: Transforming the Energy Sector – AI and the Energy Transition | Episode 1 (10.7.24)
Colleague and host Shellka Arora-Cox recently sat down with Sandhya Ganapathy, CEO of EDP Renewables North America, to discuss the fascinating intersection of the energy transition and artificial intelligence. (Editor’s note: The following transcript has been edited for clarity.) From the heart of India, resilience has shaped who I am.…
Real Estate & Construction News Roundup (10/1/24) – Hybrid Work Technologies, AI in Construction and the Market for Office Buildings
In our latest roundup, commercial mortgage bond market in trouble, commercial real estate investments, pressure on mortgage REITs, and more! Short-term issues facing U.S. commercial real estate have made it an investment opportunity and values have bottomed out. (CNBC) As organizations report plans to shake up their real estate portfolios,…
Anatomy of a Data Center
Traditional and social media are thick with reports and predictions of the remarkable increase in size, power consumption and significance of data centers. Not only technology companies but real estate and energy developers, investment funds, lenders, and professionals of all stripes are in or determined to enter this sector. Our…
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…
Big Data Meets Big Green: Data Centers and Carbon Removal Compete for Zero-Emission Energy
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 and environmental imperatives for green energy.…
Real Estate & Construction News Roundup (9/4/24) – DOJ Sues RealPage, Housing Sales Increase and U.S. Can’t Build Homes Fast Enough
In our latest roundup, environmental regulations tighten for commercial properties, Wells Fargo sells most of its commercial mortgage services business, first-time home buyers struggle with housing affordability, and more! The U.S. Department of Justice announced that it is suing the real estate company RealPage, saying it engaged in a price-fixing…
Client Conversations: Nik Bandak of Bandak Project Management
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.
Developer Perspectives on Today’s Energy Storage Markets
In 2023, the world added an impressive 45 gigawatts/97 gigawatt-hours of energy storage capacity, nearly tripling year-on-year growth, with the majority driven by battery storage installations. The global energy storage market is projected to continue its rapid expansion in 2024, adding over 100 gigawatt-hours of capacity, primarily from the United…
Real Estate & Construction News Roundup (8/21/24) – REITs Show Their Strength, Energy Prices Increase Construction Costs and CRE Struggles to Keep Pace
In our latest roundup, UBS to liquidate $2 billion real estate fund, hotel workers in San Francisco vote to strike, housing market to change after blockbuster settlement, and more! When it comes to buying and selling homes, new rules are about to be put in play, five months after the…