August 21, 2025 - 08:01

In a recent lawsuit filed against Marin County, a Black real estate investor claims he faced significant obstacles in obtaining permits for his floating homes after the community learned of his race. The investor asserts that his application process was met with resistance and unfair treatment, which he believes stemmed from racial bias.
According to the lawsuit, the investor had initially received positive feedback regarding his development plans. However, once his racial identity became known, he alleges that the dynamics shifted dramatically. He describes a series of challenges that included increased scrutiny and delays that hindered his ability to move forward with his project.
The lawsuit highlights broader issues of racial discrimination within the real estate sector, particularly in areas where minority investors may face systemic barriers. The investor is seeking justice and accountability, aiming to shed light on the ongoing struggles against racial inequity in housing and development. This case could have significant implications for how similar cases are handled in the future.
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Data Centers and AI Take Center Stage at Memphis Commercial Real Estate SummitCommercial real estate professionals gathered in Memphis to examine how artificial intelligence and data center development are reshaping the local property market. The Memphis Area Association of...
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McDonough School of Business Names Kelly Nagel to Lead Real Assets DivisionThe McDonough School of Business has appointed Kelly Nagel as its new head of real assets and real estate. In this role, Nagel will oversee the full range of real estate offerings at the school...
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Foreclosure Looms for Major Dallas Office Tower Over Unpaid LoanLenders have moved to foreclose on a prominent office high-rise in downtown Dallas after the property`s owners failed to repay a $79 million loan. The building at 2100 Ross Ave., a 33-story tower,...
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Albany Center Square Apartment Building Changes Hands for $1.55 MillionA 13-unit apartment building in Albany`s Center Square neighborhood has been sold for $1.55 million. The buyer, DRM Property Development LLC, purchased the property from the DeThomasis brothers,...