Commercial

  • September 23, 2025

    Pelorus Kicks Off $1B Fund To Bolster Cannabis Businesses

    Pelorus Capital Group has launched a $1 billion fund for investing in marijuana operating businesses to coincide with its existing cannabis real estate strategy, in a bet on the industry's capital needs, the company said Sept. 23.

  • September 23, 2025

    Star Chef Didn't Violate 'Vague' Pact With Boston, Judge Says

    A Massachusetts state court has ruled that a "vague" agreement between celebrity chef Barbara Lynch and the city of Boston to escrow proceeds from the sale of her flagship No. 9 Park restaurant while the city seeks to collect her unpaid taxes doesn't prevent Lynch from using the funds to pay other creditors.

  • September 23, 2025

    Windels Marx Leads $27.5M Houston Multifamily Financing Deal

    Private markets investment firm Siguler Guff & Co. LP originated a $27.5 million mezzanine loan that is part of $86 million worth of refinancing for a 404-unit Houston luxury multifamily property in a mezzanine loan deal guided by Windels Marx.

  • September 23, 2025

    Savannah-Area Industrial Portfolio Scores $102M Refi

    Washington D.C.-based alternative asset manager EJF Capital and Connecticut real estate firm North Signal Capital said Tuesday that they've closed on a $102 million refinancing for an industrial portfolio near Savannah, Georgia.

  • September 22, 2025

    EB-5 Industry Leaders Ponder Path To Long-Term Future

    While the 35-year-old EB-5 investment visa program has been enjoying arguably its strongest period, following recent reforms, the program's fate came up frequently during the Advanced EB-5 Industry Conference last week in Miami — and that was before President Donald Trump signed an order to roll out his own "gold card" investment visa program late Friday.

  • September 22, 2025

    Catching Up With Delaware's Chancery Court

    Last week, Match.com secured approval for a $30M settlement over its 2019 reverse spinoff from IAC, and Vice Chancellor Morgan T. Zurn urged decorum among Delaware lawyers, comparing recent legal turmoil to dark times in British monarchy history. Here's the latest from the Chancery Court.

  • September 22, 2025

    Developer Gets 8 Years For Fraud That Sunk Belize Project

    A Manhattan federal judge sentenced a California real estate developer with a previous fraud conviction Monday to eight years in prison, after a jury convicted him of defrauding investors who backed a big luxury development he controlled called Sanctuary Belize.

  • September 22, 2025

    2 More NYC Casino Proposals Fold

    The last remaining proposal for a casino in Manhattan has failed to obtain a full gaming license in New York City, and, ahead of a vote, local elected officials have also ruled out a Coney Island casino plan.

  • September 22, 2025

    Atlanta-Area Hotel Sued On Claims It Ignored Sex Trafficking

    A woman has sued a property management company and the owner-operator of a Super 8 in College Park, Georgia, where she said employees were aware of but did nothing to prevent her from being sex trafficked as a minor.

  • September 22, 2025

    Fried Frank Pilots $1.4B CMBS Refi For NYC Office Tower

    Manhattan office giant SL Green Realty Corp. and asset management firm PGIM said Monday that they have clinched a $1.4 billion commercial mortgage-backed securities refinancing for 11 Madison Ave. in Manhattan, with counsel from Fried Frank Harris Shriver & Jacobson LLP.

  • September 22, 2025

    Self-Storage REIT Prices $144M Bond Offering

    SmartStop Self Storage REIT announced Monday that it has priced a CA$200 million ($144 million) bond offering, noting funds will be used to pay down debt and to fund acquisitions.

  • September 22, 2025

    Rosenberg & Estis Adds Attys To Commercial Litigation Team

    Rosenberg & Estis PC has hired a former Ford O'Brien Landy LLP partner as a member and an ex-Milbank LLP associate as counsel for its general commercial litigation team in New York City, the firm announced.

  • September 22, 2025

    PE-Backed Flood Insurance Provider Neptune Eyes $350M IPO

    Florida-based residential and commercial flood insurer Neptune Insurance said Monday that it is seeking a valuation of $2.76 billion in an initial public offering next week advised by Orrick Herrington & Sutcliffe LLP and Davis Polk & Wardwell LLP.

  • September 22, 2025

    Feds Oppose Calif. Tribes' Bid To Halt Casino Dispute

    The U.S. government has asked a District of Columbia federal court judge to reject a stay motion filed by three California Native American tribes that are challenging the approval of another tribe's casino-resort project, arguing that the trio has failed to justify pausing the suit before the court rules on the government's request for a Golden State federal court transfer.

  • September 22, 2025

    NYC Real Estate Week In Review

    Richter Restrepo and Adler & Stachenfeld landed work on two of the largest New York City real estate deals that hit public records last week, a period that saw multiple large apartment building trades.

  • September 22, 2025

    Judge Rules Revolution Wind Can Restart Wind Farm Work

    A D.C. federal judge gave Revolution Wind the green light to restart work on its billion-dollar wind farm off the Rhode Island coast Monday, halting a stop work order issued by the Trump administration last month, two years after the project got federal approval from the Biden administration.

  • September 22, 2025

    2 Firms Advise Compass' $1.6B Buy Of Broker Anywhere

    Real estate broker Compass said Monday that it has struck a deal to acquire rival broker Anywhere Real Estate for $1.6 billion, in a transaction advised by Kirkland & Ellis LLP and Wachtell Lipton Rosen & Katz.

  • September 19, 2025

    Estate Filed Dupe Suit Against McCarter & English, Court Told

    McCarter & English LLP on Friday urged a Connecticut state judge to toss a lawsuit accusing it of mismanaging a $4.6 million estate, arguing it's essentially a duplicate of a pending lawsuit.

  • September 19, 2025

    Md. Steel Co. Owes $700K For System Collapse, Insurer Says

    Hartford Fire Insurance Co. has sued a subcontractor on a Maryland commercial project in state court to recover the costs of a $719,405 claim made after a steel joist system partially collapsed in 2022.

  • September 19, 2025

    Hotel Settles Ga. Minor's Sex Trafficking Suit

    A settlement has been reached in a 17-year-old girl's lawsuit accusing an Atlanta-based hotel and its management company of doing nothing to help when managers and hotel employees knew she and others were being sex trafficked.

  • September 19, 2025

    Chinese Citizens Sue Texas Over Real Estate Ownership Ban

    Three citizens of the People's Republic of China claimed in Texas federal court that a recently passed law prohibiting people from certain countries deemed hostile to the U.S. from buying land in the state is unconstitutional.

  • September 19, 2025

    Co. Tied To Lehman Ex-Restructuring Chief Faces Loan Suit

    A holding company linked to Lehman Brothers' post-2008 era restructuring professional defaulted on a commercial loan secured by a large office building and now owes a reinsurer about $19.5 million, according to a lawsuit brought in North Carolina's business court.

  • September 19, 2025

    NY Hospitality Firm Leader On Expanding To Florida

    David Helbraun, one of the founding partners of New York firm Helbraun Levey, joined Law360 Pulse to discuss the firm's expansion to Florida after seeing clients move to the Sunshine State.

  • September 19, 2025

    Ex-Construction Co. General Counsel Joins Bilzin Sumberg

    Miami-based Bilzin Sumberg Baena Price & Axelrod LLP announced that the former general counsel of contractor Coastal Construction has joined the firm as a partner.

  • September 19, 2025

    Polsinelli Adds ArentFox Schiff Bankruptcy Pro In NY

    Polsinelli PC has expanded its bankruptcy team in New York with the addition of an attorney from ArentFox Schiff LLP.

Expert Analysis

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.

  • Corp. Transparency Act's Future Under Treasury's Bessent

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    The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.

  • Nippon Order Tests Gov't Control Over Foreign Investments

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    The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden’s January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government’s microscope, say attorneys at Blank Rome.

  • A Look At A Possible Corporate Transparency Act Exemption

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    Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.

  • As EPA Backs Down, Expect Enviros To Step Up Citizen Suits

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    As President Donald Trump's U.S. Environmental Protection Agency draws down federal enforcement efforts, environmental groups will step into the void and file citizen suits — so companies should focus on compliance efforts, stay savvy about emerging analytical and monitoring methods, and maintain good relations with neighbors, say attorneys at Beveridge & Diamond.

  • Emphasize Social Spaces During RE Project Public Review

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    As Boston continues to work through revisions to its public review process for real estate projects, developers attempting to balance impact mitigation and community improvements may benefit from emphasizing the ways in which development plans can facilitate open social exchange, says David Linhart at Goulston & Storrs.

  • What Contractors Can Do To Address Material Cost Increases

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    In light of the Trump administration's plans to increase tariffs on Mexico, Canada and China, construction industry players should proactively employ legal strategies to mitigate the impacts that price increases and uncertainty may have on projects, says Brenda Radmacher at Seyfarth Shaw.

  • Reg Waiver Eases Calif. Rebuilding, But Proceed With Care

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    California Gov. Gavin Newsom's executive order suspending some environmental review and permitting requirements for the reconstruction of homes and businesses damaged by recent wildfires may streamline rebuilding efforts, but will require careful navigation of the evolving regulatory landscape, says Gregory Berlin at Alston & Bird.

  • Insurance Considerations For LA Wildfire Recovery

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    Businesses and homeowners affected by the destructive Southern California wildfires must act swiftly and strategically to navigate the complexities of the insurance recovery process, including by identifying all applicable policies, documenting damage thoroughly and keeping abreast of relevant state law, say attorneys at Morgan Lewis.

  • LA Wildfires' Effect On Calif. Insurer Of Last Resort

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    Attorneys at Willkie discuss the background of California's insurer of last resort — known as the Fair Access to Insurance Requirements Plan — and examine the process of assessing member insurers and relevant recent property insurance market developments in light of the destruction from the ongoing Los Angeles wildfires.

  • Public Corruption Enforcement In 2024 Has Clues For 2025

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    If 2024 activity is any indication, the U.S. Supreme Court will likely continue to rein in expansive prosecutorial theories of fraud in the year to come, but it’s harder to predict what the new administration will mean for public corruption prosecutions in 2025, says Cathy Fleming at Offit Kurman.

  • Small Biz Caught In Corporate Transparency Act Crossfire

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    Despite compliance being put on hold due to a nationwide preliminary injunction, small businesses have been caught in the middle of the legal battle over the Corporate Transparency Act — and confusion over the law's requirements could result in major penalties, say attorneys at Snell & Wilmer.

  • What's Ahead As Transparency Act Comes To A Crossroads

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    Synthesizing the contrasting federal district and appellate court rulings on the Corporate Transparency Act’s validity reveals several main areas of debate that will likely remain at issue as challenges to the law continue winding through the courts, say attorneys at Farella Braun.