Commercial
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November 06, 2025
Cannabis Biz Says NY Law Preempts Town's Zoning Policy
A cannabis dispensary has urged a New York federal court to take its side in a dispute with a town that it says is preventing it from doing business, arguing the court should rule the state's Marijuana Regulation and Taxation Act preempts a local zoning law that requires the company to obtain additional approval.
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November 06, 2025
Ore. Hangar Owner Must Allow Inspection In Tax Dispute
The owner of an Oregon airplane hangar appealing a valuation must allow a site inspection by a local appraiser, the state's tax court said, rejecting the argument that a prior inspection was sufficient.
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November 05, 2025
9th Circ. Backs LA In Shop Destroyed In Police Raid
Los Angeles won't foot the bill for a retail store damaged by police who fired tear gas into the shop during a standoff with an armed fugitive, the Ninth Circuit ruled in a published opinion, saying "just compensation" isn't necessary because the assault was done to protect the public.
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November 05, 2025
Faropoint Nabs $340M Refi For New Industrial Portfolio
Faropoint announced Wednesday that it has secured a $340 million refinancing from Truist Bank and US Bank for an industrial portfolio the company acquired in June.
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November 05, 2025
11th Circ. Backs US Claim To Fla. Keys Island In Title Dispute
The Eleventh Circuit sided with the U.S. government Wednesday in a dispute over ownership of an island off the coast of Key West, Florida, disagreeing with a developer that argued the property was merely a byproduct of soil dredging for which the government had no intended future use.
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November 05, 2025
3 Takeaways From Retail REITs' Q3 Earnings Calls
Retail-focused real estate investment trusts stepped up acquisitions and sales in a busy third quarter, while some REITs are pursuing more overseas investments in Europe and entering new markets despite tariff-related uncertainty, according to recent earnings calls.
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November 05, 2025
Ex-Mashpee Tribal Leader Gets 3.5 Years For Casino Bribes
The former chair of the Mashpee Wampanoag Tribe on Wednesday was sentenced to a 42-month prison term for orchestrating a bribery scheme tied to the tribe's $1 billion casino project, as a Massachusetts federal judge chastised him for characterizing his yearslong conduct as "mistakes."
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November 05, 2025
Former NYC Housing Czar Will Help Lead Mamdani Transition
Maria Torres-Springer, whose housing work in government spans three New York City mayoral administrations, will be part of the transition team that Mayor-elect Zohran Mamdani has tasked with building his new administration.
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November 05, 2025
NJ Panel Unsure Businessman's Threats Broke Law
A New Jersey appellate panel on Wednesday appeared skeptical that the sprawling racketeering indictment against Garden State businessman George E. Norcross was improperly dismissed, asking the state in its bid to revive the case how the power broker's alleged threats outlined in its 111-page indictment were unlawful.
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November 05, 2025
NJ Says Towns Can't Redo Affordable Housing Suit
New Jersey asked a federal court once again to toss claims brought by a group of municipalities and elected officials challenging a provision of the state's affordable housing framework, arguing that they've already brought and abandoned similar claims in state court.
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November 05, 2025
Meet The Attys In Office Properties Income Trust's Ch. 11
Office Properties Income Trust, a Massachusetts-based real estate investment trust, has tapped lawyers from Hunton Andrews Kurth LLP and Latham & Watkins LLP to guide a bankruptcy it began to address over $1 billion in debt.
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November 05, 2025
4 Firms Shape $1.8B Senior Housing Operator Merger
Sonida Senior Living Inc. is planning to buy CNL Healthcare Properties in a $1.8 billion cash-and-stock deal betting on senior housing demand as the country's over-80-years-old population is growing, with help from four law firms, the companies announced Wednesday.
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November 05, 2025
Luxury Developer Five Star Hits Ch. 11 In Texas
Five Star Development LLC, a company building a Ritz-Carlton property in Arizona, has filed for Chapter 11 relief in Texas bankruptcy court to gain protection from lender collection actions.
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November 05, 2025
NYC Developers Prepare For A Democratic Socialist Mayor
As the broader business community braces for a New York mayor who won by campaigning on an agenda of raising taxes on corporations and the wealthy, real estate developers are searching for common ground with Zohran Mamdani.
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November 04, 2025
11th Circ. Won't Block Fla. Land Restriction Law
The Eleventh Circuit on Tuesday refused to block enforcement of a Florida law prohibiting certain foreign nationals from owning land, finding that the plaintiffs in question lack standing to challenge the law and are unlikely to succeed in their challenge to its constitutionality.
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November 04, 2025
5th Circ. Unsure Man Can Challenge Texas Ban On Land Sales
A Fifth Circuit panel seemed skeptical of a seminary student's argument that Texas' new law barring Chinese nationals from buying land in the Lone Star State applies to him, suggesting Tuesday the man seems to be domiciled in Texas.
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November 04, 2025
CoStar, Hotel Giants Say Revised Antitrust Suit Falls Short
Hilton, Hyatt and other major hotel operators have joined real estate analytics firm CoStar in urging a Washington federal court to once again dismiss an antitrust lawsuit accusing them of fixing prices in luxury hotel markets, arguing an amended complaint still doesn't show they shared any exact pricing information.
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November 04, 2025
4 Firms Guide NYC Therapy Center's $245M Bonds Deal
A subsidiary of fund administrator Ocorian has issued several bonds worth $245 million to real estate company Murphy & McManus LLC to refinance and consolidate debt for a New York City proton therapy center, in a deal advised by Seward & Kissel LLP, WilmerHale, Wiersholm and Schjødt.
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November 04, 2025
Aquilius Raises $1.1B For Real Estate Secondaries Fund
Aquilius Investment Partners announced that it has closed its latest real estate secondaries flagship fund after raising $1.1 billion for the fund and associated vehicles.
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November 04, 2025
Sheppard Mullin Guides $460M Financing For Miami Towers
Scale Lending LLC announced Tuesday that it has finalized a $460 million financing package for a two-tower residential project as Namdar Group wraps up construction on the first of the 43-story towers, in a deal guided by Sheppard Mullin Richter & Hampton LLP and Gunster.
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November 04, 2025
Healthcare REITs Lean In On Deals In Senior Living, Outpatient
Three of the country's largest healthcare real estate investment trusts are making big moves with transactions involving senior housing communities and outpatient medical facilities, executives said in earnings calls in the last week.
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November 04, 2025
2 Firms Advise CBRE's $1.2B Pearce Services Deal
Real estate services firm CBRE Group Inc. announced Tuesday that it acquired Pearce Services LLC, a service provider for electromechanical infrastructure in North America, from New Mountain Capital in a $1.2 billion deal guided by Sullivan & Cromwell LLP and Ropes & Gray LLP.
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November 04, 2025
Mass. Developer, Wife Sue Hotel Over Fall At Award Gala
A prominent Massachusetts real estate developer and his wife have filed a negligence lawsuit against Boston's Seaport Hotel, claiming she was seriously injured when she fell onto a partially obscured staircase during an event.
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November 03, 2025
DC Circ. Skeptical Of Challenge To $47M NAFTA Award
An attorney for Mexico fought an uphill battle on Monday trying to convince a D.C. Circuit panel to vacate a $47 million arbitral award to a Canadian lender based on an argument that the arbitrators misinterpreted part of the North American Free Trade Agreement.
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November 03, 2025
Real Estate Exec Alleges $3.7M Misuse Of Company Funds
The chief development officer of a Colorado real estate developer has claimed in state court that executives within the company improperly transferred $3.7 million to some of the business's affiliates without approval, treating the money as a "piggy bank" to pay obligations for the entities.
Expert Analysis
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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.
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How GSA Lease Clauses May Affect DOGE Terminations
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.
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What SDNY Judge Can And Can't Do In Adams Case
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.
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Rethinking 'No Comment' For Clients Facing Public Crises
“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.
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Corp. Transparency Act's Future Under Treasury's Bessent
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.
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Nippon Order Tests Gov't Control Over Foreign Investments
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.
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A Look At A Possible Corporate Transparency Act Exemption
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.
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As EPA Backs Down, Expect Enviros To Step Up Citizen Suits
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.
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Emphasize Social Spaces During RE Project Public Review
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.
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What Contractors Can Do To Address Material Cost Increases
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.