Commercial

  • May 20, 2025

    FTC Case Against Greystar Stayed For Settlement Talks

    A Colorado federal judge has stayed a Federal Trade Commission suit alleging developer and property manager Greystar advertised deceptive rental prices after the parties notified the court that they are in "active settlement negotiations" that could resolve the entire case.

  • May 20, 2025

    Former Prologis GC Joins BarkerGilmore's Advisory Team

    After nearly 30 years of helping to build Prologis Inc. as a top real estate investment trust, or REIT, the company's former general counsel has joined executive search and talent advisory BarkerGilmore LLC to help up-and-coming in-house legal talent advance their careers.

  • May 20, 2025

    Berkshire Hathaway RE Affiliate GC To Lead Pacific Sotheby's

    Pacific Sotheby's International Realty, a luxury brokerage firm in the Southern California market, has found its new president in the former general counsel for San Diego-based Berkshire Hathaway HomeServices California Properties.

  • May 20, 2025

    Greenberg Traurig, Gibson Dunn Guide $865M Ariz. Hotel Sale

    Ryman Hospitality Properties Inc. has purchased a Marriott-branded Phoenix resort from Trinity Investments for $865 million in a deal guided by Gibson Dunn and Greenberg Traurig, per statements from the buyer and seller.

  • May 19, 2025

    Real Estate CEO Gets 87 Months For $63M Crowdfund Fraud

    The former CEO of a real estate investment firm who copped to ripping off investors in a crowdfunded $63 million development scheme was hit with a seven-plus-year prison sentence Monday from a Georgia federal judge who said the financier's "addiction to optimism" had been his ruin.

  • May 19, 2025

    Justices Punt On Tribe Leader's Extortion Immunity Claim

    The U.S. Supreme Court on Monday rejected a petition from the former head of a Native American tribe who argued that the First Circuit was wrong to reinstate his convictions tied to the development of a casino project after it concluded that federal extortion law applies to tribal leaders.

  • May 19, 2025

    Gencom JV Lands $300M Blackstone Refi On Miami Hotel

    Hospitality and real estate investment firm Gencom said Monday that it formed a joint venture with developer Fortune International Group before taking out $300 million in refinancing from Blackstone that will help fund a renovation of the Ritz-Carlton Key Biscayne in Miami.

  • May 19, 2025

    Irish Developer Inks $1.9M Deal With Ex Amid Conn. Ch. 7

    The Chapter 7 trustee for Irish real estate developer Sean Dunne has agreed to settle for $1.9 million prepetition bankruptcy claims by Jennifer Coyle, a woman who said she was Dunne's first wife, capping what was originally a €3.6 million ($4.1 million) series of claims.

  • May 19, 2025

    NY AG Blasts Ski Resort Owner's Antitrust Fixes

    The New York Attorney General's Office has told a state court that alternative fixes being offered by a ski resort owner found to have violated antitrust law by buying and closing a competitor would "entrench the very monopoly" the court found illegal.

  • May 19, 2025

    Fried Frank, Kriss & Feuerstein Guide $720M Conversion Loan

    Fried Frank Harris Shriver & Jacobson LLP and Kriss & Feuerstein LLP guided Madison Realty Capital's $720 million loan to a joint venture behind the residential conversion of Pfizer's former Manhattan headquarters.

  • May 19, 2025

    La. Museum's Hotel Exempt From Property Tax, Board Says

    A Louisiana hotel operated by the nonprofit National World War II museum is exempt from property taxes because most of its revenue is dedicated to the museum's charitable purpose, the state Board of Tax Appeals said.

  • May 19, 2025

    Polsinelli Lands Latham Real Estate Pro In Los Angeles

    In response to growing client demand, Polsinelli PC has added a former Latham & Watkins LLP partner with decades of experience to its real estate practice in Los Angeles, the firm announced Monday.

  • May 19, 2025

    Paramount REIT Taps GC, Hires Latham For 'Strategic Review'

    The Paramount Group commercial real estate investment trust announced Monday it had retained Latham & Watkins as its legal adviser as it started a strategic review following a shakeup that saw the company name a new general counsel and chief financial officer.

  • May 19, 2025

    Kirkland Hires Former TPG Counsel As PE Real Estate Partner

    Kirkland & Ellis LLP said Monday that private equity real estate attorney Yaman Shukairy has rejoined the firm as a partner after serving as general counsel for the private equity firm TPG Real Estate Partners for nearly a decade.

  • May 19, 2025

    Latham, A&O Shearman Guide $3B AI Manufacturing Deal

    Latham & Watkins LLP and Allen Overy Shearman Sterling advised AMD on a $3 billion deal to sell its ZT Systems data center infrastructure manufacturing business to U.S.-based Sanmina in an agreement to expand domestic production for AMD's artificial intelligence offerings.

  • May 19, 2025

    Boston Trophy Office Nabs $650M Refi Of Construction Loan

    The owners of a 1-million-square-foot Boston office building at One Congress secured a $650 million refinancing of the trophy building completed in 2023, borrower-side broker JLL Capital Markets said on Monday.

  • 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.

Expert Analysis

  • 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.

  • Public Corruption Enforcement In 2024 Has Clues For 2025

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    If 2024 activity is any indication, the U.S. Supreme Court will likely continue to rein in expansive prosecutorial theories of fraud in the year to come, but it’s harder to predict what the new administration will mean for public corruption prosecutions in 2025, says Cathy Fleming at Offit Kurman.

  • Small Biz Caught In Corporate Transparency Act Crossfire

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    Despite compliance being put on hold due to a nationwide preliminary injunction, small businesses have been caught in the middle of the legal battle over the Corporate Transparency Act — and confusion over the law's requirements could result in major penalties, say attorneys at Snell & Wilmer.

  • What's Ahead As Transparency Act Comes To A Crossroads

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    Synthesizing the contrasting federal district and appellate court rulings on the Corporate Transparency Act’s validity reveals several main areas of debate that will likely remain at issue as challenges to the law continue winding through the courts, say attorneys at Farella Braun.

  • Timeline Considerations For Boston's New RE Review Process

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    Boston's newly reimagined large real estate project review process, featuring early community engagement, holds impacts for project timelines that land use counsel must account for when guiding developers through approvals, says David Linhart at Goulston & Storrs.

  • The Story Of 2024's Biggest Bank Regs, And Their Fate In 2025

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    U.S. federal bank regulators were very active in 2024 with initiatives ranging from antitrust and capital to proposals regarding controlling shareholders and incentive-based compensation, but many regulations face an uncertain future under the new administration, say attorneys at Latham.

  • 2024 IPO Market Trends, And What To Expect Next Year

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    The initial public offering market returned to historically typical levels on a deal count basis in 2024 but continued to lag based on proceeds raised due to a larger number of smaller IPOs this year, and signs point to continued ongoing momentum in the next year, say attorneys at Paul Hastings.

  • Adapting Force Majeure To A Predictably Unpredictable World

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    As the climate and political landscapes get more complicated, force majeure provisions will likely be triggered increasingly often, demanding an evolving understanding of when events and their impacts are truly unforeseeable, say attorneys at Nossaman.

  • Impact Of Corporate Transparency Act Ambiguity On Banks

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    Even though banks generally needn't file beneficial ownership information reports, financial institutions must continue to monitor the status of the Corporate Transparency Act and understand its requirements in case the nationwide injunction that was issued against the CTA earlier this month is overturned, say attorneys at Armstrong Teasdale.