Commercial

  • December 02, 2025

    Oberon Says UK REIT Owes $40M Fee For Assura Takeover

    A New York investment bank accused a healthcare-focused U.K. real estate investment trust and an affiliate of owing more than $40 million after the bank found a real estate portfolio acquisition target for the REIT, in a suit filed Monday in New York federal court.

  • December 02, 2025

    Monsanto Agrees To $120M Deal Over Ill. PCB Pollution

    Monsanto Co. has reached a deal to pay $120 million to the state of Illinois to resolve a lawsuit seeking to hold the company liable for polychlorinated biphenyls pollution into the state's air, water and soil, Illinois Attorney General Kwame Raoul has announced.

  • December 02, 2025

    Pillsbury Advises $630M Refi For Miami's 830 Brickell Tower

    Investment manager Cain and developer OKO Group said Tuesday that they've landed a $630 million refinancing for their 830 Brickell office tower in Miami to replace a 2024 construction bridge loan.

  • December 02, 2025

    Two Firms Advise $130M Brooklyn Waterfront Parcel Buy

    Two firms advised on the $130 million purchase and financing of a waterfront parcel in Greenpoint, Brooklyn.

  • December 02, 2025

    2 Firms Lead $800M Sale Of Stake In Vegas Blackstone Resort

    Realty Income Corp. has agreed to buy an $800 million stake in Blackstone's Las Vegas CityCenter complex, in a deal that allows the asset manager to maintain control of the site.

  • December 02, 2025

    Simpson Thacher Guides Stonepeak's Student Housing Buy

    Alternative investment firm Stonepeak and Cardinal Group, both guided by Simpson Thacher & Bartlett LLP, acquired a three-property, 2,300-bed student housing portfolio located in several Sunbelt public universities, Stonepeak announced Tuesday.

  • December 02, 2025

    Colo. Hotel Owner Seeks $790K In Storm Damage Coverage

    An insurer owes more than $790,000 for damage to a hotel roof during a winter storm and resulting water damage, a Colorado property owner alleged in a suit removed to federal court, saying the carrier unreasonably delayed and denied coverage.

  • December 02, 2025

    NYC Real Estate Week In Review

    Haynes Boone and Frenkel Hershkowitz & Shafran LLP guided two of New York City's largest real estate deals in the past week, which included the sale of two adjacent office towers in Flatiron and a third office property held by the Durst Organization for decades.

  • December 02, 2025

    NY Child Care Property Tax Abatement Boost Sent To Hochul

    New York state would increase a property tax abatement for eligible child care centers in New York City under a bill sent to Gov. Kathy Hochul.

  • December 02, 2025

    Kirkland Lands Another Latham Real Estate Leader

    Another real estate leader from Latham & Watkins LLP has joined Kirkland & Ellis LLP as a partner, the firm announced Tuesday.

  • December 01, 2025

    Mexico Ducks $2.7B Land Seizure Suit

    An international tribunal has nixed an organic farming company's $2.7 billion claim against Mexico over a land grab in the Pacific coastal state of Jalisco, ruling that the seizure took place after underlying treaty protections expired.

  • December 01, 2025

    AM Best Says US Home Insurance Market Outlook Is 'Stable'

    The U.S. homeowners insurance market is benefiting from a combination of moderating premium growth, reinsurance market stabilization and improved catastrophe risk management practices, global credit rating agency AM Best said Monday, upgrading the outlook for homeowner insurers to "stable" from "negative."

  • December 01, 2025

    NY Cannabis Regulators Says Town's Zoning Code Preempted

    New York State Office of Cannabis Management told a New York federal court that a local town's zoning law at the heart of a dispute between the town and a licensed cannabis dispensary "is preempted and invalid" due to a prior state board decision.

  • December 01, 2025

    Browns Near $100M Deal With Cleveland Over Stadium Move

    Due to a pending $100 million settlement, an Ohio federal judge decided Monday to extend a stay for a suit lodged by the Cleveland Browns against the city over the NFL team's planned stadium move.

  • December 01, 2025

    Carlton Fields, DLA Piper Guide Hotel Industry Merger

    Carlton Fields PA and DLA Piper worked on a merger announced Monday that will bring hotel management company Waterford Hotel Group and hotel developer and operator Maverick Hotels & Restaurants together in a strategic partnership aimed at accelerating their growth.

  • December 01, 2025

    Developer Seeks $16.4M From Feds For Delayed ATF Project

    A developer has filed a breach of contract lawsuit in the U.S. Court of Federal Claims, alleging delays and changes made by the General Services Administration for the design and build-out of a Bureau of Alcohol, Tobacco, Firearms and Explosives location in Florida lead to $16.4 million in increased expenses.

  • December 01, 2025

    Manhattan Office Availability Hits Lowest Level In 5 Years

    Available office supply in Manhattan last month reached its lowest point since November 2020, a sign that the office market in the country's most populous city is seeing a strong recovery from the pandemic, according to a Colliers report Monday.

  • December 01, 2025

    CCA Seeks OK For Deal With Bahamas Developer Owed $1.6B

    Chinese state-owned firm CCA Inc. asked a New Jersey bankruptcy judge to approve a settlement with a Bahamian resort developer whose $1.6 billion court win sent CCA into Chapter 11.

  • December 01, 2025

    State Board Advances 3 NYC Casino Plans Left Standing

    A New York state panel on Monday endorsed a pair of proposals in Queens and another in the Bronx to win three downstate casino licenses, setting up final approval of the multibillion-dollar projects before the end of the year.

  • December 01, 2025

    2 Firms Steer Construction Services Firm's $242M IPO

    Construction services firm Cardinal Infrastructure Group Inc., guided by Willkie Farr & Gallagher LLP, set a price range for an estimated $242 million initial public offering on Monday, and the IPO is being backed by lead underwriters Stifel Nicolaus & Co. Inc. and William Blair & Co. LLC, advised by Latham & Watkins LLP.

  • December 01, 2025

    Ill. Dept. Analyzes State Property Tax System Per 2024 Law

    The Illinois Department of Revenue said Monday that it's conducting a study of the state's property tax system as required by a law enacted last year.

  • November 26, 2025

    Board Denies State Dept. Win In Contract Termination Row

    The U.S. Civilian Board of Contract Appeals denied the U.S. Department of State's attempt to limit a construction company's monetary claim after the agency terminated its construction contract, saying there's too much uncertainty over the contract price.  

  • November 26, 2025

    Title Co., Investor Must Split Blame In $13M Escrow Fraud Suit

    A title company is partially liable for mishandling $13 million wired into escrow by an investor seeking a 50% ownership interest in a 17-hotel deal, a California federal judge ruled, finding that the title company owed the investor a duty of reasonable care.

  • November 26, 2025

    SF Island's Ex-Owner Refutes Wetlands Label At 9th Circ.

    The former owner of an island in the San Francisco Bay is asking the Ninth Circuit to reverse a lower court ruling that he illegally destroyed "critical" wetlands without first receiving a Clean Water Act permit.

  • November 26, 2025

    RealPage Sues Over NY Rental Pricing Software Law

    Property management software company RealPage sued New York's attorney general in federal court, alleging a recently passed state law to prevent building owners from using software to collude on residential rental rates is unnecessary and violates the First Amendment.

Expert Analysis

  • Assessing Strategies For Mixed-Use Pro Sports Projects

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    Counsel managing mixed-use sports and entertainment districts must combine expertise ranging from stadium-arena finance to municipal law to public relations into a unified strategy, and a series of practice tips can aid project management from inception to completion, say attorneys at Katten.

  • 4 Questions For Insureds To Overcome Flood Exclusions

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    In a year of record flash flooding in the U.S., affected policyholders, who may assume that their policy's flood exclusion precludes recovery for losses, should look to the many factually and legally nuanced cases presenting pathways to coverage, says Micah Skidmore at Haynes Boone.

  • Opportunity Zone Overhaul Is Good News For Investors

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    Recently enacted reforms making the qualified opportunity zone program permanent, restoring the basis step-up for capital gains and adding flexibility to the zone designation process enhance the program’s appeal for long-term investment, says Steven Hadjilogiou at McDermott.

  • Texas High Court Decision Could Reshape Contract Damages

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    The Texas Supreme Court recently held that an order of specific performance for a real property transaction doesn't preclude a damage award, establishing a damages test for this scenario while placing the onus on lower courts to correctly determine the proper remedies and quantum of damages, say attorneys at Fried Frank.

  • A Guide To Army Corps Appeals As Wetlands Definition Shifts

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    Two years after the Supreme Court's Sackett decision, the definition of federal wetlands is about to change again, making it an apt time to review the process by which developers can appeal an Army Corps of Engineers jurisdictional determination, says Bryan Peeples at Pender & Coward.

  • Navigating The Complexities Of NYC Waterfront Development

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    More than a dozen city, state and federal agencies share oversight of New York City's waterfront, presenting developers and their counsel with both challenges and opportunities to shape the regional and national economy, say attorneys at HSF Kramer.

  • New NY Residential Real Estate Rules May Be Overbroad

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    New legislation imposing a 90-day-waiting period and tax deduction restrictions on certain New York real estate investors may have broad effects and unintended consequences, creating impediments for a wide range of corporate and other transactions, says Libin Zhang at Fried Frank.

  • 11 Essential Questions When Reviewing Hurricane Insurance

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    As we approach peak hurricane season, business owners must understand critical coverage elements, policy limitations and claim procedures of their commercial property hurricane insurance policies to protect their operations effectively, says Carlton Wilde at Bracewell LLP.

  • 6 Questions We Should Ask About The Trump Trade Deals

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    Whenever the text becomes available, certain questions will help determine whether the Trump administration’s trade deals with U.S. trading partners have been crafted to form durable economic relationships, or ephemeral ties likely to break upon interpretive disagreement or a change in political will, says Ted Posner at Baker Botts.

  • Utilizing Rep And Warranties Insurance In CRE Transactions

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    With insurance and commercial real estate legal trends suggesting that representations and warranties insurance is likely to grow substantially in the next several years, CRE buyers and sellers should learn how such insurance can help resolve conflicting positions during transaction negotiations, say attorneys at Troutman.

  • Recent Decisions Caution Against Broad Indemnity Provisions

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    Two recent decisions in disparate jurisdictions are reminders that businesses and practitioners should be mindful of contractual indemnity rights and draft indemnity provisions that enhance the predictability of enforceability without being overly broad, says Gregory Jaske at Olshan Frome.

  • How Real Estate Funds Can Leverage Del. Statutory Trusts

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    Over the last two years, traditional real estate fund sponsors have begun to more frequently adopt Delaware Statutory Trust programs, which can help diversify capital-raising strategies and access to new sources of capital, among other benefits, say attorneys at Polsinelli.

  • What 9th Circ. Ruling Shows About Rebutting SEC Comments

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    The Ninth Circuit's June opinion in Pino v. Cardone Capital suggests that a company's lack of pushback to a U.S. Securities and Exchange Commission comment may be evidence of its state of mind for evaluating potential liability, meaning companies should consider including additional disclosure in SEC response letters, say attorneys at Barnes & Thornburg.