Commercial

  • October 16, 2025

    CBRM Lenders Seek To Nix Ch. 11 Case

    The prepetition lenders to bankrupt affiliates of troubled real estate firm CBRM Realty Inc. have asked a New Jersey bankruptcy court to dismiss the Chapter 11, saying that the real goal of the case is to "vault certain stakeholders ahead of prepetition lenders in a misguided sale process," not reorganization.

  • October 16, 2025

    Insurers Settle Bid To Arbitrate $7M La. Hurricane Ida Case

    A group of domestic and foreign insurers including underwriters at Lloyd's of London have asked a Louisiana federal judge to dismiss their lawsuit seeking an order to arbitrate a $7 million Hurricane Ida damage claim, saying they have settled the dispute.

  • October 16, 2025

    Latham Guides $1.8B Deal For Spanish Senior Home Operator

    The real estate arm of StepStone Group Inc. and European real estate investment firm Greykite have announced a €1.5 billion ($1.8 billion) deal to acquire and recapitalize Vitalia, Spain's second largest owner-operator of senior care homes.

  • October 16, 2025

    3 Firms Shape MGM's $546M Sale Of Ohio Gambling Venue

    MGM Resorts International, guided by Weil Gotshal & Manges LLP, plans to sell the operations of a racetrack and casino in Northfield Park, Ohio, for $546 million to private equity firm Clairvest Group, advised by Chapman and Cutler LLP and Duane Morris LLP, the companies said Oct. 16.

  • October 16, 2025

    Greenberg Traurig, Simpson Thacher Guide $730M Tower Buy

    SL Green Realty Corp. has purchased the Park Avenue Tower in Manhattan from Blackstone Inc. for $730 million, in a transaction guided by Greenberg Traurig LLP and Simpson Thacher & Bartlett LLP.

  • October 16, 2025

    Parker Poe Adds Onetime Stites & Harbison Office Leader

    Parker Poe Adams & Bernstein LLP has brought on the former leader of Stites & Harbison PLLC's Atlanta office to its own office in the city, bolstering its real estate and finance services with an attorney who brings four decades of legal experience.

  • October 16, 2025

    Justices Asked To Rethink Gellert Seitz Malpractice Ruling

    Lawyers for a homebuilder are asking Delaware's Supreme Court to reconsider its decision affirming the dismissal of a legal malpractice suit against Gellert Seitz Busenkell & Brown LLC over damages the builder said it suffered due to the firm's negligence handling loan-restructuring disputes, arguing that key issues have been left unresolved.

  • October 15, 2025

    Texas Panel Asks Why $12M Verdict Higher Than Project Cost

    A Texas appeals panel pushed a developer to justify a roughly $12 million verdict against a construction company given the developer paid around that amount to build the apartment at the center of the suit, asking Wednesday why the developer was entitled to that sum.

  • October 15, 2025

    3rd Circ. Clears Cannabis REIT In Investor Fraud Suit

    The Third Circuit on Wednesday affirmed the dismissal of a securities fraud class action against a cannabis-focused real estate investment trust that alleged the trust violated securities laws by ignoring red flags about a tenant, with the panel finding that investors failed to show they were intentionally misled.

  • October 15, 2025

    Proposed Bill Could Stall NFL Bears' Suburban Stadium Plan

    A member of the Illinois General Assembly has introduced a bill that could delay the Chicago Bears' efforts to build a stadium in the suburbs by requiring a 30-day window to review any proposed state or local agreements on new or renovated pro sports stadiums.

  • October 15, 2025

    Holland & Knight Steers $1.2B Dallas Shopping Center Refi

    NorthPark Partners LP and several affiliates, guided by Holland & Knight LLP, borrowed a $1.2 billion refinancing loan for a 1.9 million-square-foot, Class A++ shopping center in Dallas.

  • October 15, 2025

    How Brownfield Legislation Can Spur More Housing In Calif.

    The extension of a key legal tool in California for easing development on contaminated sites can relieve the state's housing shortage, though more work can be done to improve the legislation and make it work better with other environmental regulations, according to a partner at Cox Castle & Nicholson LLP.

  • October 15, 2025

    Ga. Justices Stand By Holding That Runoff Fees Aren't Taxes

    The Supreme Court of Georgia has for the second time ruled that a landowner can't use a constitutional challenge to get out of paying stormwater utility bills to its local government, declining Wednesday to overturn a decade-plus precedent that ruled the county was enforcing a fee rather than a tax.

  • October 15, 2025

    Crescent Heights Nets $238M Refi For Miami Apartment Tower

    Real estate firm Crescent Heights obtained a $238 million loan to refinance a luxury residential building in Miami's Edgewater neighborhood, the parties announced Wednesday.

  • October 15, 2025

    Southeast US Infrastructure Firm Files $100M IPO Plans

    North Carolina-based infrastructure company Cardinal Infrastructure Group has filed plans with the U.S. Securities and Exchange Commission to raise up to $100 million in an initial public offering, a move that comes as a handful of companies continue to submit IPO plans despite the ongoing government shutdown slowing SEC operations.

  • October 15, 2025

    Real Estate Continues To Hold Interest Of Family Offices

    Private funding has become a more important part of real estate's financing puzzle as the industry has navigated a couple of rocky years. As high-net-worth investors gathered at a conference with experts in finance and real estate last week, they offered plenty of signs the fit will remain strong.

  • October 15, 2025

    Tarter Krinsky Real Estate Chair Sees Office Market 'Normalcy'

    Despite lingering economic questions, the office market is starting to reach a state of "normalcy," Tarter Krinsky's real estate leader told Law360 in a recent interview.

  • October 15, 2025

    NYC Hotel Must Hand Over Tax Credits In Bankruptcy

    The owners of a boutique hotel in Brooklyn and its management company must return pandemic-era refundable tax credits that they received as the hotel filed for Chapter 11 bankruptcy protection, a New York bankruptcy judge ruled, saying they had unfairly pocketed the money at the bankruptcy estate's expense.

  • October 15, 2025

    More Than 20 Firms Guide 2025's Top Hospitality Deals

    Sidley, Fried Frank and Morris Nichols are among more than 20 law firms that have guided the 10-figure hospitality mergers and acquisitions announced through the first three quarters of 2025.

  • October 15, 2025

    Private Equity Propels Lenders Counsel Inner Circle

    Firms putting together large, complex real estate deals often pick their lender's legal counsel, especially in rapidly evolving areas like data centers. Attorneys say the practice makes deals more efficient, but it has prompted ethical questions.

  • October 15, 2025

    BlackRock, Nvidia-Led Group Buying Aligned In $40B Deal

    The Artificial Intelligence Infrastructure Partnership, MGX and BlackRock's Global Infrastructure Partners said Wednesday they have agreed to acquire Aligned Data Centers from Macquarie Asset Management and co-investors, in a deal valuing Aligned at about $40 billion.

  • October 14, 2025

    GOP Bill Would Codify Trump Private Equity 401(k) Order

    A Montana Republican lawmaker announced Tuesday the introduction of a bill that would codify President Donald Trump's executive order that aims to make it easier for retirement plans to invest in nontraditional 401(k) assets like private equity and cryptocurrency.

  • October 14, 2025

    Fla. Professor Wins Bid To Halt Trump Library Land Transfer

    A Florida state judge Tuesday temporarily blocked the transfer of roughly 3 acres of land Miami Dade College gave to the state to build the Donald J. Trump Presidential Library.

  • October 14, 2025

    Billionaire Griffin Pitches Private Yacht Marina In Miami Beach

    Akerman LLP is representing billionaire investor Ken Griffin in his proposal to add to his extensive South Florida real estate portfolio by building a private yacht marina on Miami Beach's Terminal Island.

  • October 14, 2025

    Calif. City Wins Cannabis Lab Permit Suit Over RICO Claims

    A cannabis entrepreneur's lawsuit accusing the mayor of a Los Angeles suburb of soliciting a $350,000 bribe in exchange for a permit has been thrown out by a California state judge, who ruled that because no money was actually paid, the businessman's racketeering claims couldn't survive.

Expert Analysis

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

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    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.

  • How GSA Lease Clauses May Affect DOGE Terminations

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    The Department of Government Efficiency has begun to cut the U.S. General Services Administration's enormous real estate portfolio, but some standard lease clauses include limits helpful to landlords that may slow progress toward the administration's cost-cutting goals, say attorneys at Pillsbury.

  • What SDNY Judge Can And Can't Do In Adams Case

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    The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.

  • 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.