Commercial
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November 07, 2025
Jury Awards $1M In Family Feud Over Trucking Co. Assets
A jury in Miami awarded $1 million to the estate of a man who owned a trucking company that was stripped of its assets by family members after his death.
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November 06, 2025
Luxury Developer Five Star Told To Review Competing DIP
At a first-day hearing Thursday, a Texas bankruptcy judge asked debtor Five Star Development LLC to consider an alternative Chapter 11 financing package from a prepetition lender it has accused of fraud and return to court Friday.
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November 06, 2025
AI-Powered Parking Lot Startup Metropolis Raises $1.6B
Parking payments artificial intelligence company Metropolis Technologies Inc. on Thursday revealed that it reached a $5 billion valuation after raising $1.6 billion of debt and equity fundraising.
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November 06, 2025
4 Firms Guide Go-Private Deal, $1.16B Casinos Sale
Gaming and hospitality company Golden Entertainment Inc.'s CEO Blake L. Sartini and affiliates have agreed to buy the company's operating assets, while real estate investment trust VICI Properties Inc. also agreed to pay $1.16 billion for a seven-property Golden Entertainment portfolio, Golden Entertainment and VICI announced Nov. 6.
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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.
Expert Analysis
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Reg Waiver Eases Calif. Rebuilding, But Proceed With Care
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.
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Insurance Considerations For LA Wildfire Recovery
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.
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LA Wildfires' Effect On Calif. Insurer Of Last Resort
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.
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Public Corruption Enforcement In 2024 Has Clues For 2025
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.
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Small Biz Caught In Corporate Transparency Act Crossfire
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.
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What's Ahead As Transparency Act Comes To A Crossroads
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.
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Timeline Considerations For Boston's New RE Review Process
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.
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The Story Of 2024's Biggest Bank Regs, And Their Fate In 2025
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.
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2024 IPO Market Trends, And What To Expect Next Year
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.
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Adapting Force Majeure To A Predictably Unpredictable World
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.
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Impact Of Corporate Transparency Act Ambiguity On Banks
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.
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Green Projects Face States' Foreign Land Ownership Limits
As states impose restrictions and disclosure requirements around foreign investment in agricultural land — in some cases piggybacking on existing federal rules — renewable energy developers and investors must pay close attention to how the rules vary, says Daniel Fanning at Husch Blackwell.
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How Landlords Can Navigate Cannabis-Related Leases
As the cannabis industry continues to rapidly grow, landlords should consider a variety of lease terms and operational details that may help mitigate uncertainty involving federal laws, zoning restrictions and tax implications, says Kyla Baker at Holland & Knight.