Commercial
-
December 17, 2025
LSU Districts' Taxes Challenged For Not Getting Voter OK
A former Louisiana councilperson filed a suit against two economic improvement districts associated with Louisiana State University on Wednesday, saying the jurisdictions failed to get taxpayer approval before raising sales taxes.
-
December 17, 2025
Fed. Circ. Says Biz Can Recover Damages For Building Loss
The Federal Circuit revived an Illinois business's claim on Wednesday for $460,000 in damages after the U.S. Army Corps of Engineers revoked the company's lease to operate a wedding and event venue at a Carlyle Lake recreation center and took its building.
-
December 17, 2025
NYC Real Estate Week In Review
Tarter Krinsky & Drogin LLP, Paul Hastings LLP, Sheppard Mullin Richter & Hampton LLP and DLA Piper were among the law firms that advised the biggest New York City real estate deals in deed filings last week, including two office buildings in Manhattan that sold for over $200 million.
-
December 17, 2025
Boston Accused Of Retaliating Over Property Tax Appeals
The city of Boston retaliated against commercial property owners that appealed their valuations to a state board by unlawfully boosting those valuations, an owner said in a proposed class action filed Wednesday in Massachusetts state court.
-
December 17, 2025
Katten Guides $163M Refi Of Recently Renovated NYC Office
Bromley Cos. secured a $163.4 million refinancing of a recently renovated Class A office asset in New York City anchored by Microsoft and Chime offices, a deal guided by Katten Muchin Rosenman LLP.
-
December 17, 2025
2 Firms Advise On $1.1B Canadian Last-Mile Warehouse JV
The Canada Pension Plan Investment Board and Dream Industrial Real Estate Investment Trust said on Dec. 17 they have formed a $1.1 billion joint venture to acquire last-mile industrial properties in major Canadian markets, in a deal advised by Stikeman Elliott LLP and King & Spalding LLP.
-
December 17, 2025
A Blockbuster Year For Data Centers
Booming demand drove an explosive year for growth in the data center sector in 2025, with deals getting larger, more multifaceted and more complex for legal teams to pull off.
-
December 17, 2025
Philly Agency Sued Over Police Officers' Brain Cancer
A public development corporation in Philadelphia has been sued by a city police officer and the estates of two deceased officers who developed brain cancer allegedly from toxic chemicals present in a converted Army building used as the police department's narcotics unit headquarters.
-
December 17, 2025
2 Defendants In Landmark NY Corruption Case Ink Plea Deals
New York federal prosecutors have reached plea agreements with two criminal defendants involved in a landmark U.S. Supreme Court case that narrowed the scope of public corruption prosecutions, according to court filings Wednesday.
-
December 17, 2025
Blackstone Seals $5B Partnership With Israeli Asset Manager
Israel-based asset management and insurance company Phoenix Financial on Wednesday announced that it has entered into a strategic partnership with Simpson Thacher & Bartlett LLP-led private equity giant Blackstone under which the Israeli firm will invest up to $5 billion across a range of credit strategies.
-
December 17, 2025
The Top Trademark Decisions Of 2025
The U.S. Supreme Court vacated a trademark infringement award that reached nearly $47 million and found nonparties couldn't be on the hook for the amount, while the Federal Circuit reproached a trademark tribunal for its handling of a man's attempt to register the F-word. Here are Law360's picks for the biggest trademark decisions of 2025.
-
December 16, 2025
What Real Estate Pros Learned About Office Sector In 2025
High-end office buildings with amenities in desirable markets rebounded in 2025, and firms are now competing to lock in space, even as investors look for opportunities in a sector that's still challenged.
-
December 16, 2025
Bain Capital, 11North Raise $1.6B For Open-Air Retail Platform
Bain Capital Real Estate and 11North Partners announced Tuesday that the pair has raised $1.6 billion from new and existing investors for their open-air, retail-focused operating platform.
-
December 16, 2025
Katten Guides Morgan Stanley On $211M LAX Industrial Buy
Morgan Stanley said it has paid $211 million to acquire a last-mile delivery distribution facility near Los Angeles International Airport leased to a major e-commerce retailer, with Katten Muchin Rosenman LLP advising.
-
December 16, 2025
Kering, Ardian Form $900M JV At Luxury NYC Property
French luxury group Kering said Tuesday it has completed another real estate joint venture with private equity firm Ardian, expanding a partnership launched earlier this year with a $900 million deal for a Fifth Avenue retail property in New York City.
-
December 15, 2025
Ex-Vornado CEO Says Latham Loan Error Proved 'Disastrous'
Guarantors of a $152 million loan for a Miami hotel said its lender is exploiting an error made by the borrower's attorney, a practice leader at Latham & Watkins, to collect fees "in perpetuity" under a guaranty and extract a $60 million settlement, according to counterclaims filed Sunday in New York state court.
-
December 15, 2025
NY Board Approves 3 New Casino Licenses In NYC
The New York State Gaming Commission granted three casino licenses to New York City for projects proposed in Queens and the Bronx, finalizing a tiered license system tied to the size of applicants' investments.
-
December 15, 2025
Pure DC Leases Entirety Of €1B Amsterdam Data Center
Pure Data Centres Group announced Monday that it will lease the entirety of a €1 billion ($1.17 billion) data center campus under construction in Amsterdam to a single client, which it says is the largest standalone data center lease signed in Europe this year.
-
December 12, 2025
NC Justices Won't Revive Developer's Fraud Suit
North Carolina's highest court sided with two real estate companies against a suit filed by their former partner on a multifamily redevelopment project, ruling on Friday that the businesses were contractually allowed to boot the plaintiff from the project's company.
-
December 12, 2025
Lockheed Martin Must Face Parents' Suit Over Birth Defects
A Florida federal judge said Friday that Lockheed Martin Corp. must face claims from three families that allege chemicals produced at a research and development facility contaminated the surrounding environment and caused birth defects in their children.
-
December 12, 2025
2 Firms Guide Stake Deal For Data Center Services Company
Middle market private equity firm Kohlberg will obtain a majority stake in industrial services company Loenbro LLC in a deal guided by Kirkland & Ellis LLP and Greenberg Traurig LLP, the companies announced.
-
December 12, 2025
NYC Pledges $1B For Coney Island Boardwalk Overhaul
New York City officials on Friday announced a $1 billion plan to rebuild a nearly three-mile boardwalk on Coney Island, add 1,500 homes, and update infrastructure and a sports center.
-
December 12, 2025
5th Circ. Tosses Chinese Citizen's Suit Over Texas Land Law
The Fifth Circuit has affirmed the dismissal of a Chinese citizen's suit challenging a Texas law that bars residents and entities domiciled in specific countries, such as China, from buying property in the state, ruling the plaintiff lacks standing to sue because China is not his permanent home and he does not "intend to return."
-
December 12, 2025
Real Estate Tech Platform Adds GC From Realtor.com
Real estate technology company Place announced Dec. 5 that it has hired as its general counsel Jamie Jatzlau from Realtor.com, along with adding two other executives.
-
December 12, 2025
Lenders CommLoan, BofA Provide $195M For SoFi-Area Hotel
Commercial real estate lender CommLoan said Friday that it joined Bank of America in providing $195 million for a hotel project that's the only one permitted in a development area surrounding SoFi Stadium in Inglewood, California.
Expert Analysis
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.