Commercial
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December 11, 2025
Blackstone Credit Inks $1B Partnership With Small Biz Lender
Blackstone Credit & Insurance has reached a $1 billion partnership with small business lender Harvest Commercial Capital to acquire business loans secured by first-lien mortgages on owner-occupied commercial real estate.
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December 11, 2025
Maverick Gaming Seeks $11.5M Rent Relief In Settlement
Bankrupt casino operator Maverick Gaming has asked a Texas bankruptcy court to approve a settlement it reached with its secured lenders and Blue Owl Capital Inc. after its Chapter 11 sale process failed to generate any bids for the properties subject to its master lease with Blue Owl.
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December 11, 2025
Mass. Panel Drops Tax Value Of Lowe's Store Property
A Lowe's store in Massachusetts was overvalued by more than $4 million, a state tax panel ruled, finding evidence presented by the local assessor in the case unpersuasive.
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December 10, 2025
Attorneys Break Down COPA Bill Poised To Pass In NYC
As a bill to give nonprofits the opportunity to buy some residential buildings is gaining momentum toward possible passage in the New York City Council this month, real estate attorneys are analyzing the policy's potentially far-reaching impact.
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December 10, 2025
Willkie, Latham Guide $242M Infrastructure IPO
Cardinal Infrastructure Group's shares began trading on the Nasdaq on Wednesday, following an over $241 million initial public offering led by Willkie Farr & Gallagher LLP and Latham & Watkins LLP.
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December 10, 2025
Alexander's Wraps Up $175M Queens Shopping Center Refi
Alexander's Inc. has closed a $175 million interest-only refinancing loan deal for its 615,000-square-foot Queens, New York, shopping center, the real estate investment trust announced.
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December 10, 2025
Lincoln Property, PGIM Partner To Acquire Outpatient Centers
Global real estate firm Lincoln Property Co. and the real estate arm of PGIM Inc. have announced a strategic partnership aimed at pursuing investments in outpatient medical properties.
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December 10, 2025
Veris Residential Sells Jersey City Multifamily Site For $75M
Multifamily real estate investment trust Veris Residential on Tuesday announced it had sold a 4.2-acre land parcel zoned for a pair of high-rise apartment projects in Jersey City, New Jersey, to a local developer for $75 million.
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December 10, 2025
Hotel Biz Braemar Fights Claims It 'Rigged' Board Election
Braemar Hotels & Resorts urged a Maryland federal judge this week to throw out a stockholder's claims the company's directors attempted to rig a board election in favor of its incumbents.
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December 10, 2025
Hotel REIT Launches Strategic Review, Citing 'Value Gap'
Dallas-based Ashford Hospitality Trust said it is exploring a possible sale as executives consider the firm's stock price undervalued in comparison to its portfolio of 17,000 rooms across 70 hotels.
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December 10, 2025
MVP: Willkie's David Drewes
David C. Drewes, co-chair of Willkie Farr & Gallagher LLP's real estate department, has guided major transactions, such as Saks Global's $2.7 billion Neiman Marcus Group acquisition and Henry Crown & Company's $3.5 billion Rockefeller Center refinancing, earning him a spot as one of the 2025 Law360 Real Estate MVPs.
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December 10, 2025
NY Increases Property Tax Abatement For Child Care Centers
New York state increased a property tax abatement for eligible child care centers in New York City under a bill signed by Gov. Kathy Hochul.
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December 10, 2025
NYC Real Estate Week In Review
Holland & Knight LLP, Higgins & Brancheau LLC, Lazar Grunsfeld Elnadav LLP and Herrick Feinstein LLP were among the law firms that handled the largest New York City real estate deals in deed filings last week, including sales of a Manhattan office building and a Brooklyn lot.
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December 09, 2025
Florida Bill Seeks To Shield Landowners From Pollution Suits
A Florida lawmaker has introduced a bill that would add hurdles to those looking to sue over pollution damages caused by old phosphate mines, giving property owners a new defense to avoid strict liability claims.
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December 09, 2025
CoStar Urges Justices To Review Revived Antitrust Claims
CoStar is asking the U.S. Supreme Court to review a Ninth Circuit ruling reviving antitrust counterclaims from a rival commercial real estate platform, saying the appeals court accepted a novel theory of what constitutes exclusive dealing.
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December 09, 2025
Woman Asks Colo. Judge To Label Exec A Public Figure
An Illinois woman told a Colorado federal court that Brian Watson, the CEO of Northstar Commercial Partners, should be considered a public figure for the purposes of his defamation suit, where Watson accused the woman of telling people that he is a "criminal," that his wife is a prostitute and that he frequently uses the services of prostitutes.
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December 09, 2025
Brookfield, Qatar Launch $20B AI Infrastructure Partnership
Brookfield announced Tuesday that it is joining forces with a subsidiary of the Qatar Investment Authority on a $20 billion joint venture to develop artificial intelligence infrastructure in Qatar and select international markets, marking Brookfield's first such investment in the Middle East.
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December 09, 2025
Cannabis Stores Can't Sue Under RICO, 9th Circ. Rules
The Ninth Circuit on Tuesday backed a federal judge in tossing racketeering claims brought against a California city by a group of companies facing more than $5 million in local government fees under a contract to allow construction of six cannabis cultivation facilities.
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December 09, 2025
Cleveland, Browns Drop Stadium Move Suits After $100M Deal
The National Football League's Cleveland Browns and the city of Cleveland told Ohio courts on Tuesday that they're permanently dropping their lawsuits against each other in the wake of a $100 million settlement for their dispute over the NFL team's planned stadium move.
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December 09, 2025
GEO's GC To Retire Amid Forced Labor Suit At High Court
The general counsel to the GEO Group Inc. has announced his retirement amid the company's battle at the U.S. Supreme Court, where the private prison operator stands accused of forcing immigrant detainees to clean a detention facility.
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December 09, 2025
Jenner & Block To Require 4 Days In Office Starting In March
Jenner & Block LLP is planning to call attorneys and other employees into the office four days a week next year, joining a growing number of BigLaw firms that have announced increased in-person work requirements.
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December 09, 2025
Moody's Says Funding Types Grow With Data Center Demand
Financing sources for data center projects are becoming more diverse as the number and size of such developments continue to grow, according to a report from analyst and credit rating agency Moody's.
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December 09, 2025
From BigLaw To Self-Storage Biz GC, And Never Looking Back
Being head of legal for one of the country's biggest self-storage companies is never boring, from monitoring a rising tide of rent control rules to addressing the "creative" ways tenants use their units, according to Gwyn McNeal, general counsel to Extra Space Storage.
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December 09, 2025
5 Firms Advise $2.3B Hawaii Real Estate Take-Private
Hawaii real estate investment company MW Group, San Francisco-headquartered real estate investment company DivcoWest and funds affiliated with Blackstone Real Estate have struck a $2.3 billion deal to take a Hawaii-based commercial real estate company private.
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December 08, 2025
Polsinelli Guides $113M Loan For Brooklyn Medical Facility
Capital One NA inked a $113.5 million loan for a medical property in Brooklyn in a deal guided by Polsinelli, part of a massive portfolio of outpatient medical buildings purchased by Remedy Medical Properties and Kayne Anderson Real Estate in the fall.
Expert Analysis
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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.
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Contract Disputes Recap: Terminations Galore
Attorneys at Seyfarth examine three recent decisions in which the Civilian Board of Contract Appeals and the Armed Services Board of Contract Appeals provide valuable insights into contract terminations, modifications and the jurisdictional requirements for claims.
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Making The Opportunity Zones Program Great At Last
As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.
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Investor Essentials For Buying Federally Owned Property
Investors and developers can take advantage of the Trump administration's plan to sell government-owned real estate by becoming familiar with the process and eligible to bid, and should prepare to move quickly once the U.S. General Services Administration posts the list of properties for sale, say attorneys at Holland & Knight.
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How 2025 Is Shaping The Future Of Bank Mergers So Far
Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.
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Why NY May Want To Reconsider Its LLC Transparency Law
Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.
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Dewberry Ruling Is A Wakeup Call For Trademark Owners
The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.