4 ARTICLES
Regulatory moves, legislation, and grid policy that reshape CRE underwriting — from data center moratoriums to housing acts.
The PJM Board of Managers issued a decisional letter on July 27 directing two filings to FERC by the end of July. One creates a Reliability Backstop Procurement to backfill a 6,831 megawatt capacity shortfall. The other creates an Interim Resource Adequacy Service, under which new large loads that have not brought their own new capacity by June 1, 2027 are cut before anybody else is.
Effingham County, Georgia announced on July 22 that OpenAI will build a $20 billion, 3.2 gigawatt campus inside the Savannah Gateway Industrial Hub. Five days later the county published a second statement: the only document it has received is a Development of Regional Impact cover page, no completed application has been submitted, and the site plan circulating online is a blank state template someone filled in.
Governor Kathy Hochul signed Executive Order 62 on July 14, pausing state environmental permits for new hyperscale data centers of 50 megawatts or more for up to one year while New York writes a statewide environmental study and new development standards. It is the first statewide freeze in the country, and it lands on the hottest development pipeline in commercial real estate.
The broadest federal housing law in years took effect on July 11 without a presidential signature. It restricts large-scale purchases of single-family homes while exempting build-to-rent development, and it ships a supply-side stack most coverage is skipping.
The PSV CRE AI brief
Original reporting on CRE and AI, written in-house and traced to primary sources. Free.
No spam. Unsubscribe in one click.
by PSVLiveThe AI MBA for commercial real estate: the workflows this desk reports on, taught end to end on real deal files.
Our members come from teams at
