Commercial
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July 17, 2025
Real Estate Finance Pro Returns To ArentFox Schiff In NY
ArentFox Schiff LLP has added a real estate finance partner in New York from Greenspoon Marder LLP who returns to the firm after seven years away, the firm announced this week.
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July 16, 2025
Sidley Guides Starwood Property Trust's $2.2B Net Lease Deal
Sidley Austin LLP and Latham & Watkins LLP are advising Starwood Property Trust Inc. 's $2.2 billion acquisition of net lease real estate operating platform Fundamental Income Properties LLC, according to an announcement made Wednesday.
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July 16, 2025
Chinese Investors' EB-5 Fraud Claims Dismissed
A Delaware federal judge has tossed a proposed class action lodged by Chinese investors claiming they were defrauded in a failed EB-5 hotel investment tied to a San Francisco property, finding that the investors' claims are time-barred and that the court lacks jurisdiction.
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July 16, 2025
Attys Tout 3 Real Estate Investment Wins In Federal Budget
Real estate investors can breathe a collective sigh of relief seeing the final version of the "One, Big, Beautiful Bill Act" that President Donald Trump signed into law this month, as it is largely favorable to the industry and keeps several much-admired tax breaks alive.
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July 16, 2025
Holland & Knight Guides $550M Seattle Overleverage Venture
Holland & Knight LLP advised the launch of Keelbase Capital, a venture to invest some $550 million in Seattle-area properties that are overleveraged, the real estate investment firm said in a Wednesday announcement.
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July 16, 2025
Related Nets $46M Loan For NY Residential Development
Related Companies obtained a $46.2 million senior secured loan for its 1,200-acre residential community project in Tuxedo, New York, the lender announced Wednesday.
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July 16, 2025
Rittenhouse Law Advises $344M Alterra Outdoor Storage Loan
Rittenhouse Law advised industrial outdoor storage firm Alterra IOS on a $343.6 million loan secured by 64 sites in nearly two dozen states.
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July 16, 2025
Armenia Ordered To Pay $439K In Real Estate Dispute
A D.C. federal judge has ordered Armenia to pay nearly $439,000 in costs owed to a real estate investor who won annulment in 2023 of an arbitral award nixing his claim against the country for allegedly not doing enough when he was defrauded by a local business partner.
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July 16, 2025
K&L Gates Hires CRE Finance Atty From Dechert
K&L Gates LLP has brought on an ex-Dechert LLP attorney who specializes in commercial real estate finance as a partner in its Charlotte, North Carolina, office, the firm announced Tuesday.
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July 16, 2025
Tango Taps New CAO To Head Legal Amid Leadership Shifts
Real estate software provider Tango announced that it has hired the general counsel for infrastructure consulting firm Halff as its new chief administrative officer, tasked with overseeing legal and compliance matters.
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July 16, 2025
Squire Patton Adds Burr & Forman Real Estate Atty In Tampa
Squire Patton Boggs LLP announced Wednesday that it picked up a new principal who is a self-described "switch hitter" for its global real estate practice in Tampa from Burr & Forman LLP.
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July 16, 2025
Could A Casino Zhuzh Up Coney Island?
Jodi Stein, a partner at Sheppard Mullin Richter & Hampton LLP, is advising The Coney, one of eight proposals vying for three New York state licenses to operate a full-fledged casino.
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July 16, 2025
HGI Lends $38M For Refi, Renovation Of 12-Story DC Office
Real estate investment firm Harbor Group International said it has provided $38.3 million to refinance a Washington, D.C., office building owned by Kairos Investment Management and help complete renovations of the property.
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July 15, 2025
Shopoff Realty Nets $52M Refi For 270-Acre Ariz. Project
Shopoff Realty Investments obtained $52 million from investment firm Peachtree Group in order to refinance its 270-acre Mesa, Arizona development project, the real estate firm announced Tuesday.
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July 15, 2025
Kirkland Aids Blackstone $25B Pa. Data Center, Power Deals
Blackstone announced Tuesday that funds overseen by Blackstone Infrastructure and Blackstone Real Estate plan to pour $25 billion into data centers and the energy infrastructure needed to keep them running in Pennsylvania, guided by Kirkland & Ellis.
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July 15, 2025
Energy Company Says NJ Real Estate Firms Owe $1.2M
A Garden State supplier of renewable electricity has alleged in New Jersey federal court that a group of New Jersey commercial real estate firms is refusing to pay more than $1.28 million in energy bills.
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July 15, 2025
City Worker Says She Was Axed For Trying To Tax Energy Co.
A former employee of a Texas Gulf Coast city has told a court Monday that she was fired after suggesting that the city council vote to increase taxes on land owned by Freeport LNG.
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July 15, 2025
NC Justices Urged To Halt Project Tract's Foreclosure Sale
A North Carolina property owner and other parties urged the state's high court Tuesday to pause foreclosure proceedings for a property that's part of a mixed-use real estate development project, arguing that an entity created by one of the project partners wrongfully increased the owner's related loan debt.
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July 15, 2025
These Firms Worked On The Top First-Half Real Estate Deals
A&O Shearman and Stibbe are among the more than 20 law firms that scored work on the 10 largest global real estate mergers and acquisitions of the first half, a period that saw three transactions above $4 billion.
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July 15, 2025
11th Circ. Told Tax Court Erred Nixing Easement's Values
A Georgia partnership told the Eleventh Circuit that the U.S. Tax Court broke legal precedent by relying on a flawed valuation method that did not consider commercial mining potential when it denied a deduction tied to the conservation easement donation of a property.
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July 15, 2025
Calif. Legislature OKs Retroactive Solar Property Exclusion
California would allow the purchaser of a new property a three-year window to apply for a property tax exclusion for solar energy systems under a bill passed by the state Senate and sent to Democratic Gov. Gavin Newsom for approval.
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July 15, 2025
Leech Tishman Hires Fla. Real Estate Atty For Counsel Role
Leech Tishman hired an experienced Florida real estate transactional attorney for a counsel role in the firm's teams in Sarasota and Lakewood Ranch while working in its Sarasota office, the firm announced.
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July 15, 2025
Brookfield, Google Ink $3B Hydroelectric Power Deal
Brookfield Asset Management, its subsidiary Brookfield Renewable Partners and Google have agreed to a "first-of-its-kind" more than $3 billion deal that aims to build up to 3,000 megawatts' worth of hydroelectric power capacity throughout the country, Brookfield announced Tuesday.
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July 15, 2025
Pa. Senate Bill Seeks To End School District Property Taxes
Pennsylvania would propose an amendment to the state constitution to eliminate school districts' authority to levy or collect property taxes after June 30, 2029, under a bill introduced in the state Senate.
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July 15, 2025
2 Firms Guide Cavco's $190M Manufactured Home Co. Buy
Cavco Industries said it has reached an agreement to acquire Houston-based homebuilder American Homestar Corp. and its subsidiaries for $190 million, in a transaction advised by DLA Piper and Jackson Walker LLP.
Expert Analysis
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Review Risk Is Increasing For Foreign Real Estate Developers
Federal and state government efforts have been expanding oversight of foreign investment in U.S. real estate, necessitating careful assessment of risk and of the benefits of notifying the Committee on Foreign Investment in the United States, say attorneys at Troutman.
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Evolving Federal Rules Pose Further Obstacles To NY LLC Act
Following the Financial Crimes Enforcement Network's recent changes to beneficial ownership information reporting under the federal Corporate Transparency Act — dramatically reducing the number of companies required to make disclosures — the utility of New York's LLC Transparency Act becomes less apparent, say attorneys at Pillsbury.
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Negotiating Triparty Hotel Agreements To Withstand Risk
Brewing economic uncertainty in the hospitality industry underscores the importance of subordination, nondisturbance and attornment agreements, and hotel managers should tightly negotiate these agreements to ensure remedies will not disturb key rights, say attorneys at Sidley.
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CRE Challenges Demand New Lease And Development Plans
As developers and landlords face declining occupancy of commercial, industrial and office space post-pandemic, a combination of business and lease considerations may better position stakeholders to protect the value and profitability of their commercial real estate, says Geoffrey Leskie at Segal McCambridge.
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Ch. 11 Free-And-Clear Sale Ruling Takes Pragmatic Approach
A recent ruling from a New York bankruptcy court in which the debtors were allowed to sell interests free and clear regardless of a lienholder's objection signals a practical approach and a recalibration of the balance between debtor flexibility and creditor protections, say attorneys at Eversheds Sutherland.
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What's At Stake As 9th Circ. Eyes Cultural Resource Damages
In Pakootas v. Teck Cominco, the Ninth Circuit is faced with the long-unresolved question of whether cultural resource damages are recoverable as part of natural resource damages under the Superfund law — and the answer will have enormous implications for companies, natural resource trustees and Native American tribes, says Sarah Bell at Farella Braun.
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5 Insurance Types For Mitigating Tariff-Related Trade Losses
The potential for significant trade-related losses as a result of increased tariffs may cause companies to consider which of their insurance policies, including marine, builders risk, trade credit, and directors and officers, could provide coverage to alleviate the financial impact, say attorneys at Pillsbury.
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Avoiding Pitfalls Around New Calif. Commercial Lease Law
A California law that became effective this year requires commercial landlords to extend certain protections previously afforded to residential tenancies, and a few key provisions of the law especially warrant reexamination of leasing and operational processes, say attorneys at Holland & Knight.
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Measuring And Mitigating Harm From Discriminatory Taxes
In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.
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Addressing Tariff Price Escalation In Construction Contracts
As construction projects across the U.S. face uncertainty surrounding material price increases driven by government-imposed tariffs, owners and developers should draft strong contracts to protect themselves from tariff-related cost overruns and delays, say attorneys at Akerman.
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How The CRE Industry Is Adapting To Tariff Uncertainty
Amid uncertainty about pending tariffs and their potential ripple effects, including higher material costs, supply chain delays and tighter margins, commercial real estate industry players are focusing on strategic planning and risk mitigation, says Daniel Diaz Leyva at Day Pitney.
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Reconciling 2 Smoke Coverage Cases From California
As highlighted by a California Department of Insurance bulletin clarifying the effect of two recent decisions on insurance coverage, the February state appellate ruling denying coverage for property damage from smoke, ash and soot should be viewed as an outlier, say attorneys at Reed Smith.
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Contractor Remedies Amid Overhaul Of Federal Spending
Now that the period for federal agencies to review their spending has ended, companies holding procurement contracts or grants should evaluate whether their agreements align with administration policies and get a plan ready to implement if their contracts or grants are modified or terminated, say attorneys at DLA Piper.