Commercial

  • May 19, 2025

    Weil Hires Kirkland Real Estate Atty In New York

    Weil Gotshal & Manges LLP announced Monday that a former Kirkland & Ellis LLP real estate partner has joined the firm's New York office.

  • May 19, 2025

    Kirkland Guides Blackstone's $11.5B Deal For TXNM Energy

    Blackstone Infrastructure has agreed to acquire regulated utility holding company TXNM Energy in an all-cash transaction valued at $11.5 billion, including net debt and preferred stock, TXNM said in a Monday announcement.

  • May 16, 2025

    Co. Looks To Dodge $5M Award From Laotian Casino Deal

    The government of Laos, as it attempts to enforce some $5 million in arbitral awards related to a failed casino venture, still has not proven that the case should be decided in U.S. federal court in the Northern Mariana Islands, one of the companies owing the money said Friday.

  • May 16, 2025

    Fla. Rep. Stands By Condo Termination Proposals At Event

    A Florida state representative on Thursday defended her recent effort to revise state law on condominium terminations that Gov. Ron DeSantis had attacked as favoring developers, saying she still thinks changes are needed to protect existing unit owners' property rights.

  • May 16, 2025

    Food Co. Says Partner Owes $5M In Back Rent On Warehouse

    A dietary supplement maker sued its partner on a lease for a Denver-area warehouse, claiming the other company failed to make a single payment after they agreed to split the 10-year lease in 2021.

  • May 16, 2025

    Full Pa. Court OKs Panel's Nix Of Tax On Real Estate Transfer

    A panel of Pennsylvania appellate judges properly ruled that a state board wrongfully imposed a real estate transfer tax on the transfer of a partnership interest in a real estate company from one trust to another, the court ruled en banc. 

  • May 16, 2025

    Frost Brown Adds NY Litigator From Grant Herrmann

    Frost Brown Todd LLP added a litigator from Grant Herrmann Schwartz & Klinger LLP to the firm's business and commercial litigation practice, as it expands from its stronghold in the Midwest.

  • May 16, 2025

    Massachusetts Board Won't Lower Greenhouse Tax Value

    The owner of a Boston property with a greenhouse failed to show evidence that it was overvalued, the state Appellate Tax Board said in an opinion released Friday, rejecting the owner's comparable-assessment analysis and other arguments.

  • May 16, 2025

    Latham Guides Shopping Center REIT's $400M Notes Offering

    Latham & Watkins LLP announced that it represented shopping center real estate investment trust Regency Centers Corp. on a $400 million notes offering that recently closed.

  • May 16, 2025

    RV Camp Part-Owner Wins Battle In Ongoing Ownership Fight

    The North Carolina Business Court ruled that the part-owner of an RV and cabin campsite did not actually transfer her interest in the individual units at that camp to a development company she helped create before her relationship with that firm and her business partners soured.

  • May 15, 2025

    Vistra To Expand Gas Power Plant Portfolio With $1.9B Buy

    Power generation company Vistra Corp., advised by Latham & Watkins and Cleary Gottlieb Steen & Hamilton, announced Thursday it agreed to buy seven natural gas power plants for $1.9 billion from Lotus Infrastructure Partners, which is being advised in the deal by King & Spalding and Eversheds Sutherland.

  • May 15, 2025

    Ga. Atty Gets 16 Months For Role In $1.3B Tax Shelter Scheme

    A Georgia attorney has been sentenced to 16 months in federal prison and slammed with an $8 million bill after pleading guilty to helping orchestrate a $1.3 billion tax scheme involving fraudulent conservation easements.

  • May 15, 2025

    Investor Makes Deal With PE Fund In Fla. Suit Alleging Fraud

    A Texas accountant has lodged a federal complaint alleging a Florida-based CEO of a private equity fund and two executives refused to return $1 million of his life savings after buying securities that produced virtually no income, although the parties on Thursday struck a tentative deal to have the lawsuit tossed.

  • May 15, 2025

    Troutman Adds K&L Gates CMBS Partner In NC

    Troutman Pepper Locke LLP announced it has hired Christopher J. Fernandez from K&L Gates LLP as a partner in its bankruptcy and restructuring practice group in Charlotte, North Carolina.

  • May 15, 2025

    Greenberg Traurig, Loeb Guiding $1.7B Acuren, NV5 Deal

    Acuren Corp. said Thursday it will acquire NV5 Global Inc. in a cash-and-stock deal worth about $1.7 billion, combining two companies that serve key roles in infrastructure and industrial markets.

  • May 15, 2025

    The Resorts Companies Adds GC From Holiday Inn Arm

    The Resorts Companies Inc. announced that the firm has appointed as its general counsel John Alvarez, who comes to the hospitality company from Holiday Inn Club Vacations.

  • May 15, 2025

    NJ Toxic Spill Rule May Hamper Property Sales, Panelists Say

    A New Jersey Department of Environmental Protection regulation expected to take effect this summer could slow property sales and lead to increased litigation as attorneys and real estate investors grapple with stricter requirements for reporting toxic spills, experts speaking Thursday at the State Bar Association's annual meeting in Atlantic City said.

  • May 15, 2025

    Florida's Haber Law Taps Duo To Lead Construction Practice

    Florida law firm Haber Law has selected a pair of longtime construction law attorneys to lead its practice group in that field, bringing a mix of perspectives in representing owners and community associations as well as contractors and other industry professionals.

  • May 15, 2025

    Minn. Justices Affirm $9M Medical Building Tax Valuation

    A Minnesota medical building was correctly valued by the state tax court, the state Supreme Court said Wednesday, affirming a decision that boosted the building's original valuation by more than $1 million.

  • May 15, 2025

    Buchalter Names Sports Agent As Sacramento Office Co-Lead

    Buchalter PC has named Josh Escovedo, co-chair of its sports law industry group, as co-managing shareholder of the firm's Sacramento, California, office.

  • May 15, 2025

    Gibson Dunn Advises On $7B Digital Infrastructure Fund

    A Gibson Dunn team advised Blue Owl Capital Inc. on its third digital infrastructure fund, for which it raised $7 billion to develop, acquire and own data centers, the asset manager and firm announced.

  • May 15, 2025

    Wachtell-Led Dick's Making $2.4B Bet On Foot Locker

    Dick's Sporting Goods Inc. said Thursday it has agreed to buy Foot Locker Inc. for about $2.4 billion, as the Pittsburgh-based retailer wagers that its operational playbook can breathe new life into the shrinking footwear chain.

  • May 14, 2025

    Insurer Ends Case Blaming Panda Express For Water Leak

    An insurance company on Wednesday dropped its case seeking more than $176,000 from Panda Express Inc. for damages allegedly caused when grease-filled pipes at one of the chain's restaurants backed up and leaked water into a clothing store covered by the insurer.

  • May 14, 2025

    Questions Swirl About EB-5 As 'Gold Card' Looms

    With the Trump administration's proposed $5 million "Gold Card" visa program raising questions about the future of the existing EB-5 investment visa program, an executive at independent fund administrator JTC Group offers insights on where the program may be heading and what investors should know.

  • May 14, 2025

    Religion Shapes Skylines, Real Estate Investments

    Shifting demographics of religious observation, coupled with an affordable housing shortage and the demands of maintaining aging facilities, have led many faith-based organizations to consider how to monetize their land. Here, attorneys specializing in these deals discuss the unique challenges of balancing business requirements with religious priorities.

Expert Analysis

  • Green Projects Face States' Foreign Land Ownership Limits

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    As states impose restrictions and disclosure requirements around foreign investment in agricultural land — in some cases piggybacking on existing federal rules — renewable energy developers and investors must pay close attention to how the rules vary, says Daniel Fanning at Husch Blackwell.

  • How Landlords Can Navigate Cannabis-Related Leases

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    As the cannabis industry continues to rapidly grow, landlords should consider a variety of lease terms and operational details that may help mitigate uncertainty involving federal laws, zoning restrictions and tax implications, says Kyla Baker at Holland & Knight.

  • Lights, Camera, Real Estate: Preparing For Film Facility M&A

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    As the entertainment industry struggles to recover from multiple strikes and a decline in production, certain aspects of selling or acquiring production facilities may become important to consider, as these assets are valued very differently from typical commercial real estate properties, say attorneys at Olshan Frome.

  • Corporate Liability Issues To Watch In High Court TM Case

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    The U.S. Supreme Court will hear arguments in a trademark dispute between Dewberry Group and Dewberry Engineers next week, presenting an opportunity for the court to drastically alter the fundamental approach to piercing the corporate veil, or adopt a more limited approach and preserve existing norms, say attorneys at Bracewell.

  • Plugging Gov't Leaks Is Challenging, But Not A Pipe Dream

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    As shown by ongoing legal battles involving New York City Mayor Eric Adams and Sean “Diddy” Combs, it’s challenging for defendants to obtain relief when they believe the government leaked sensitive information to the media, but defense counsel can take certain steps to mitigate the harm, says Kenneth Notter at MoloLamken.

  • A Legal Perspective On NYC's Retail Real Estate Evolution

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    As New York City's retail market begins to show signs of resilience after the challenges of recent years, landlords must be cognizant of legal implications from shifting trends toward shorter-term leases and pop-up stores, says Andrea Gendel at Pryor Cashman.

  • What Interest Rate Cuts Mean For Housing Markets

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    The Federal Reserve's recent reduction of interest rates may provide limited immediate relief for real estate sectors, but offers potential opportunities for commercial real estate investors and construction firms, which now face an environment ripe for new projects, say attorneys at Cozen O'Connor.

  • How CFIUS' Updated Framework Affects Global Investors

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    The recent change to the monitoring and enforcement regulations governing the Committee on Foreign Investment in the United States will broaden administrative practices around nonnotified transaction investigations, increase the scope of information demands from the committee and accelerate its ability to impose mitigation on parties, say attorneys at Simpson Thacher.

  • Foreclosing Lenders Still Floating In Murky Legal Waters In NY

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    The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.

  • NYC Hotel Licensing Law's Costs May Outweigh Its Benefits

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    A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.

  • Calif. Ruling Offers Hope For Mitigated Negative Declarations

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    In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds — a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.

  • There's No Crying In Property Valuation Baseball Arbitration

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    The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes — in which each side offers competing valuations to an arbitrator, who must select one — is often ideal for resolving property valuation disputes, say Sean O’Donnell at Herrick Feinstein and Mark Dunec at FTI Consulting.

  • Webuild Ruling Complicates Arb. Award Enforcement In US

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    A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.