Commercial

  • May 29, 2025

    Texas Bars Some Property Tax Hikes Above Voter-OK'd Rates

    Texas will prohibit school districts from adopting property tax rates above voter-approved thresholds in response to a natural disaster if voters previously rejected a similar proposed rate increase, under a bill signed by Gov. Greg Abbott.

  • May 29, 2025

    Latham-Led Luxury Vacation Rental Startup Raises $50M

    Wander, a platform for luxury short-term rentals, announced that it raised $50 million in a Series B round co-led by QED Investors and Fifth Wall to support the company's expansion efforts, with guidance from Latham & Watkins LLP.

  • May 29, 2025

    Clifford Chance Hires Investment Funds Partner From Kirkland

    Clifford Chance LLP announced Tuesday the hiring of a partner at Kirkland & Ellis LLP for its funds and investment management practice in the U.S., a month after Kirkland picked up an investment funds partner from Clifford Chance.

  • May 29, 2025

    Developer Sells Miami Office Tower Project Site For $211.5M

    Developer and property manager Swire Properties has sold a project development site for a planned Miami office tower to Melo Group for $211.5 million, a representative for commercial real estate firm CBRE told Law360.

  • May 29, 2025

    Greenberg Traurig Guides $100M Brooklyn Hotel Sale

    A hedge fund sold off a Brooklyn hotel to a real estate investment and development firm in a $100 million deal guided by Greenberg Traurig LLP, according to official property records.

  • May 29, 2025

    Ariz. Hilton Hotel Developer Lands $86M Refi Loan

    The developer and property manager of a newly constructed luxury Hilton Hotel in Scottsdale, Arizona, obtained an $86 million refinancing loan for the property in a deal guided by commercial real estate firm Walker & Dunlop, according to a May 29 announcement.

  • May 28, 2025

    Multivista Aims To Take Guesswork Out Of Construction

    In a recent interview with Law360 Real Estate Authority, the owner of a franchise of proptech company Multivista explained how cataloged insights into the building process can help prevent mistakes or down the road serve as valuable evidence in the event of a dispute or warranty claim.

  • May 28, 2025

    NJ County To Put $240B In Land Records On Blockchain

    Land record management company Balcony on Wednesday said it has struck a deal to store some 370,000 property deeds in Bergen County, New Jersey, on its blockchain platform, in the biggest-ever U.S. effort of its kind.

  • May 28, 2025

    Landfill Co. Challenges Va. City's Land Use Law

    A landfill owner in Chesapeake, Virginia, claimed in a federal suit filed Wednesday that a local land use law wrongfully lets the city strip away property rights that have allowed the landfill to keep operating over the years despite changes in land use restrictions.

  • May 28, 2025

    Calif. Hotel Operator Sued By JV Partner In Ch. 11 Case

    The joint venture partner of a bankrupt California hotel owner-operator lodged an adversary complaint against the company in its Chapter 11 bankruptcy case in Delaware, urging the court to transfer several of the joint venture's California properties.

  • May 28, 2025

    Greenspoon Marder Adds Former GC To Hospitality Group

    Greenspoon Marder LLP hired a former general counsel and senior vice president for pizza and burger chain Emmy Squared as a partner for the firm's hospitality, alcohol and leisure industry group in its New York City office, the firm announced Wednesday.

  • May 28, 2025

    Nev. Extends Property Tax In Las Vegas, County To 2057

    Nevada extended by 30 years the imposition of a property tax in the city of Las Vegas and unincorporated areas of Clark County, with revenue allocated for employing police officers, under a bill signed by the governor.

  • May 28, 2025

    Foley Hospitality Leader Talks Deals In Economic Uncertainty

    Although hotel investors remain cautious amid the ongoing trade war with recession fears still lurking, transaction activity is happening at "almost historic levels," one Foley & Lardner hospitality leader told Law360 Real Estate Authority.

  • May 28, 2025

    Insurance Atty Talks FEMA Cuts As Storm, Fire Seasons Near

    As hurricane and wildfire seasons approach, Anthony Lopez, founder of the law firm Your Insurance Attorney, told Law360 Real Estate Authority that with natural disasters intensifying, the Trump administration's cuts to FEMA are likely to put more pressure on states and property owners in an already challenging insurance environment.

  • May 27, 2025

    Renaissance Fair Co. Says Landlord Planned 'Knock-Off' Event

    The operator of a New England Renaissance fair has accused its landlord of stalling on a long-term lease extension in order to plan a "knock-off version" of the event.

  • May 27, 2025

    Unlicensed Adviser Charged With $4M Securities Fraud In NC

    Federal prosecutors in North Carolina have charged an unlicensed California investment adviser with fraud and money laundering after he allegedly lured more than 30 victims into investing more than $4 million in bogus commercial real estate opportunities.

  • May 27, 2025

    NJ Developer Alleges Defamation In Waterfront Dispute

    A Garden State developer claims that a real estate and property management company defamed it in a letter to municipal officials in which it said an appellate panel had ruled that the developer conspired with the New Jersey Department of Environmental Protection to deprive the real estate company and the public of due process regarding a waterfront development.

  • May 27, 2025

    Browns Update Bid To Build Stadium Outside Of Cleveland

    The Cleveland Browns have reasserted their claim in Ohio federal court that the city of Cleveland cannot legally stop the NFL franchise from building a new stadium in the suburbs and that the city law designed to keep an owner from moving the team without government approval does not apply to them.

  • May 27, 2025

    NYC Real Estate Week In Review

    Mayer Brown and Nixon Peabody are among the law firms that landed work on the largest New York City real estate deals to hit public records last week, with matters in Manhattan and Bronx atop the list.

  • May 27, 2025

    Ariz. Asks Justices To Skip Tax Fight Over Plant On Tribe Land

    Arizona's tax agency urged the U.S. Supreme Court to pass on a power company's claims that property taxes were illegally levied on a power plant it owns on tribal land, saying the justices have consistently upheld taxes on tribal reservations that solely fall on non-Native Americans.

  • May 27, 2025

    Global Building Slowing Amid Trade Wars, Cushman Reports

    Construction activity around the world has slowed down due to uncertainty caused by the Trump administration enacting tariff policies that set off trade wars and hiked costs for construction materials, according to a report from real estate services firm Cushman & Wakefield.

  • May 27, 2025

    Colliers' Q1 Snapshot Shows Steady US Office Vacancies

    Colliers said in a Tuesday report that the top 15 U.S. office markets saw vacancy rates stay consistent in the first quarter compared to a year ago, with Manhattan having the lowest vacancy rate.

  • May 27, 2025

    Industrial Real Estate Co. Terreno Sells LA-Area Site For $97M

    Industrial real estate firm Terreno Realty Corp. said Tuesday that it sold a Los Angeles-area property last week for $97 million.

  • May 27, 2025

    Paul Hastings Lands 5-Atty LA Real Estate Team From Latham

    Paul Hastings LLP's real estate practice is adding an experienced five-partner land use team from Latham & Watkins LLP in Los Angeles, the firm announced Tuesday.

  • May 23, 2025

    Calif. Developer Duped Churchgoers In $46M Scam, Feds Say

    A Sonoma, California, real estate developer faces federal wire fraud and money laundering charges in connection with claims he duped hundreds of would-be investors — some of whom are described in court filings as elderly members of his church congregation — into giving him over $46 million as purported investments in certain real estate limited partnerships that their funds were never actually invested in.

Expert Analysis

  • Calif. Ruling Offers Hope For Mitigated Negative Declarations

    Author Photo

    In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds — a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.

  • There's No Crying In Property Valuation Baseball Arbitration

    Author Photo

    The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes — in which each side offers competing valuations to an arbitrator, who must select one — is often ideal for resolving property valuation disputes, say Sean O’Donnell at Herrick Feinstein and Mark Dunec at FTI Consulting.

  • Webuild Ruling Complicates Arb. Award Enforcement In US

    Author Photo

    A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.

  • How To Avoid A Costly CPA Limitation Hidden In Most Leases

    Author Photo

    The lease audit rights clause is a seemingly innocuous provision in most commercial real estate leases that ends up costing tenants millions of dollars each year, as they have unwittingly agreed to retain only an accountant to investigate and settle financial issues, says Jason Aster at KBA Lease Services.

  • Navigating FEMA Grant Program For Slope Fixes After Storms

    Author Photo

    In the aftermath of Hurricanes Helene and Milton, it is critical for governments, businesses and individuals to understand the legal requirements of the Federal Emergency Management Agency's grant programs to obtain funding for crucial repairs — including restoration of damaged infrastructure caused by landslides and slope failures, says Charles Schexnaildre at Baker Donelson.

  • Smith's New Trump Indictment Is Case Study In Superseding

    Author Photo

    Special counsel Jack Smith’s recently revised Jan. 6 charges against former President Donald Trump provide lessons for prosecutors on how to effectively draft superseding indictments in order to buttress or streamline their case, as necessary, says Jessica Roth at Cardozo Law School.

  • Consider Best Legal Practices For Commissioning Public Art

    Author Photo

    Commissioning public art for real estate projects can provide many benefits to real estate developers and the public, but it's important to understand the unique legal and contracting aspects of the process to ensure that projects are completed on time and on budget, says Sarah Conley Odenkirk at ArtConverge.

  • Applying High Court's Domestic Corruption Rulings To FCPA

    Author Photo

    After the U.S. Supreme Court narrowed the domestic corruption statutes in three decisions over the past year and a half, it’s worth evaluating whether these rulings may have an impact on Foreign Corrupt Practices Act enforcement, and if attorneys can use the court’s reasoning in international bribery cases, says James Koukios at MoFo.

  • Climate Among Many Factors Driving Up RE Insurance Costs

    Author Photo

    A proactive approach to risk management may determine the viability of the U.S. commercial real estate sector as weather crises and other factors drive insurance costs higher, says Ulrick Matsunaga at Crosbie Gliner.

  • Bid Protest Spotlight: Debriefings, Timeliness, Documentation

    Author Photo

    ​James Tucker at MoFo examines three recent decisions from the Federal Circuit, the U.S. Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.

  • A Look At Recent Case Law On Expedited Judgment In NY

    Author Photo

    A number of recent New York state court decisions clarify and refine the contours surrounding Civil Practice Law and Rule 3213, providing landlords, lenders and other payees guidance on how to seek accelerated judgment in certain litigation, says Alexander Lycoyannis at Holland & Knight.

  • Dealmaker Lessons From CFIUS' New Enforcement Webpage

    Author Photo

    The Committee on Foreign Investment in the United States’ recently launched webpage, which details the actions — and inactions — that led to enforcement activity, provides important insights for dealmakers about filing requirements, mitigation commitments and the cost of noncompliance, say attorneys at Dechert.

  • Reassessing Lease Provisions To Account For ESG Initiatives

    Author Photo

    As companies seek to build ESG considerations into their businesses, it's crucial to understand how such initiatives can quickly become significant enough to compel reassessment of lease agreement provisions, and how best to modify leases accordingly, say Julian Freeman and Gabe Pitassi at Cox Castle.