Commercial

  • July 16, 2025

    Holland & Knight Guides $550M Seattle Overleverage Venture

    Holland & Knight LLP advised the launch of Keelbase Capital, a venture to invest some $550 million in Seattle-area properties that are overleveraged, the real estate investment firm said in a Wednesday announcement.

  • July 16, 2025

    Related Nets $46M Loan For NY Residential Development

    Related Companies obtained a $46.2 million senior secured loan for its 1,200-acre residential community project in Tuxedo, New York, the lender announced Wednesday.

  • July 16, 2025

    Rittenhouse Law Advises $344M Alterra Outdoor Storage Loan

    Rittenhouse Law advised industrial outdoor storage firm Alterra IOS on a $343.6 million loan secured by 64 sites in nearly two dozen states.

  • July 16, 2025

    Armenia Ordered To Pay $439K In Real Estate Dispute

    A D.C. federal judge has ordered Armenia to pay nearly $439,000 in costs owed to a real estate investor who won annulment in 2023 of an arbitral award nixing his claim against the country for allegedly not doing enough when he was defrauded by a local business partner.

  • July 16, 2025

    K&L Gates Hires CRE Finance Atty From Dechert

    K&L Gates LLP has brought on an ex-Dechert LLP attorney who specializes in commercial real estate finance as a partner in its Charlotte, North Carolina, office, the firm announced Tuesday.

  • July 16, 2025

    Tango Taps New CAO To Head Legal Amid Leadership Shifts

    Real estate software provider Tango announced that it has hired the general counsel for infrastructure consulting firm Halff as its new chief administrative officer, tasked with overseeing legal and compliance matters.

  • July 16, 2025

    Squire Patton Adds Burr & Forman Real Estate Atty In Tampa

    Squire Patton Boggs LLP announced Wednesday that it picked up a new principal who is a self-described "switch hitter" for its global real estate practice in Tampa from Burr & Forman LLP.

  • July 16, 2025

    HGI Lends $38M For Refi, Renovation Of 12-Story DC Office

    Real estate investment firm Harbor Group International said it has provided $38.3 million to refinance a Washington, D.C., office building owned by Kairos Investment Management and help complete renovations of the property.

  • July 15, 2025

    Shopoff Realty Nets $52M Refi For 270-Acre Ariz. Project

    Shopoff Realty Investments obtained $52 million from investment firm Peachtree Group in order to refinance its 270-acre Mesa, Arizona development project, the real estate firm announced Tuesday.

  • July 15, 2025

    Kirkland Aids Blackstone $25B Pa. Data Center, Power Deals

    Blackstone announced Tuesday that funds overseen by Blackstone Infrastructure and Blackstone Real Estate plan to pour $25 billion into data centers and the energy infrastructure needed to keep them running in Pennsylvania, guided by Kirkland & Ellis. 

  • July 15, 2025

    Energy Company Says NJ Real Estate Firms Owe $1.2M

    A Garden State supplier of renewable electricity has alleged in New Jersey federal court that a group of New Jersey commercial real estate firms is refusing to pay more than $1.28 million in energy bills.

  • July 15, 2025

    City Worker Says She Was Axed For Trying To Tax Energy Co.

    A former employee of a Texas Gulf Coast city has told a court Monday that she was fired after suggesting that the city council vote to increase taxes on land owned by Freeport LNG.

  • July 15, 2025

    NC Justices Urged To Halt Project Tract's Foreclosure Sale

    A North Carolina property owner and other parties urged the state's high court Tuesday to pause foreclosure proceedings for a property that's part of a mixed-use real estate development project, arguing that an entity created by one of the project partners wrongfully increased the owner's related loan debt.

  • July 15, 2025

    11th Circ. Told Tax Court Erred Nixing Easement's Values

    A Georgia partnership told the Eleventh Circuit that the U.S. Tax Court broke legal precedent by relying on a flawed valuation method that did not consider commercial mining potential when it denied a deduction tied to the conservation easement donation of a property.

  • July 15, 2025

    Calif. Legislature OKs Retroactive Solar Property Exclusion

    California would allow the purchaser of a new property a three-year window to apply for a property tax exclusion for solar energy systems under a bill passed by the state Senate and sent to Democratic Gov. Gavin Newsom for approval.

  • July 15, 2025

    Leech Tishman Hires Fla. Real Estate Atty For Counsel Role

    Leech Tishman hired an experienced Florida real estate transactional attorney for a counsel role in the firm's teams in Sarasota and Lakewood Ranch while working in its Sarasota office, the firm announced.

  • July 15, 2025

    Brookfield, Google Ink $3B Hydroelectric Power Deal

    Brookfield Asset Management, its subsidiary Brookfield Renewable Partners and Google have agreed to a "first-of-its-kind" more than $3 billion deal that aims to build up to 3,000 megawatts' worth of hydroelectric power capacity throughout the country, Brookfield announced Tuesday.

  • July 15, 2025

    Pa. Senate Bill Seeks To End School District Property Taxes

    Pennsylvania would propose an amendment to the state constitution to eliminate school districts' authority to levy or collect property taxes after June 30, 2029, under a bill introduced in the state Senate.

  • July 15, 2025

    2 Firms Guide Cavco's $190M Manufactured Home Co. Buy

    Cavco Industries said it has reached an agreement to acquire Houston-based homebuilder American Homestar Corp. and its subsidiaries for $190 million, in a transaction advised by DLA Piper and Jackson Walker LLP.

  • July 14, 2025

    Casino Entrepreneur Fights Laos' Award Appeal At 9th Circ.

    An entrepreneur who was not party to an arbitration is fighting to toss Laos' bid before the Ninth Circuit to overturn an order refusing to enforce about $5 million in arbitral awards stemming from an ill-fated casino venture, saying the appealed ruling isn't a final decision.

  • July 14, 2025

    Tender Greens Estate Defends Structured Dismissal Of Ch. 11

    The estate of One Table Restaurant Brands LLC, the former operator of casual restaurant chain Tender Greens and Mexican eatery Tocaya, defended its bid to dismiss its Chapter 11 case after the U.S. Trustee's Office said it would violate bankruptcy rules.

  • July 14, 2025

    REIT Inks Largest Life Sciences Lease At San Diego Campus

    Alexandria Real Estate Equities announced it signed a 16-year lease with a pharmaceutical tenant at its San Diego megacampus, saying on Monday that the deal is the largest of its kind in the real estate investment trust's decades-long history.

  • July 14, 2025

    SilverRock Seeks To Test $60M Bid At Ch. 11 Auction

    Resort developer SilverRock has asked the Delaware bankruptcy court for permission to hold an auction for its real estate assets in Southern California to see if the company could fetch a better offer through a public process than the stalking horse bid it secured, instead of selling its assets through a sealed bidding process.

  • July 14, 2025

    Fla. Landlord Accuses Akerman Of Botching Lease Language

    Real estate investor Turner Healthcare Facilities Fund LP on Monday accused its former Akerman LLP counsel in a south Florida state court of having committed a $45 million "mistake" by approving unenforceable clauses in leases on properties the investor owned.

  • July 14, 2025

    Tax Court Tosses $62M In Bogus Land Deductions

    The U.S. Tax Court slashed about $62 million in tax deductions claimed by four partnerships for donations of conservation easements in Georgia on Monday, saying the partnerships did not provide the required appraisals and grossly overstated the value of their donations.

Expert Analysis

  • 2 NY Cases May Clarify Foreclosure Law Retroactivity

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    Two pending cases may soon provide the long-awaited resolution to the question of whether retroactive application of the New York Foreclosure Abuse Prevention Act violates the state Constitution, providing a guide for New York courts inundated with motions in foreclosure and quiet title actions, says Fernando Rivera Maissonet at Hinshaw & Culbertson.

  • A Look At Florida's New Protected Series LLC Legislation

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    A new law in Florida enhances the flexibility of using limited liability companies as the entities of choice for most privately held businesses, moving Florida into a small group of states with reliable uniform protected series legislation for series LLCs, says Louis Conti at Holland & Knight.

  • How Trump's Trade Policies Are Shaping Foreign Investment

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    Five months into the Trump administration, investors are beginning to see the concrete effects of the president’s America First Investment Policy as it presents new opportunities for clearing transactions more quickly, while sustaining risk aversion related to Chinese trade and potentially creating different political risks, say attorneys at Covington.

  • Bill Leaves Renewable Cos. In Dark On Farmland Reporting

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    A U.S. Senate bill to update disclosure requirements for foreign control of U.S. farmland does not provide much-needed guidance on how to report renewable energy development on agricultural property, leaving significant compliance risks for project developers, say attorneys at Hodgson Russ.

  • Observations On 5 Years Of Non-Notified CFIUS Inquiries

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    Since 2020, the Committee on Foreign Investment in the United States has identified and investigated covered cross-border transactions not formally notified to CFIUS, and a look at data from 50 non-notified matters during that time reveals the general dynamics of this enforcement function, say attorneys at Cooley.

  • How States Are Taking The Lead On Data Center Regulation

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    While support for data center growth is a declared priority for the current administration, federal data center policy has been slow to develop — so states continue to lead in attracting and regulating data center growth, say attorneys at Steptoe.

  • Texas Bill Could Still Boost Property Rights In Gov't Disputes

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    The passage of a bill in Texas that would provide litigants with access to a greater swath of judicial remedies in immunity disputes with government entities and officials would be an invaluable boon for property rights, says Nathan Vrazel at Munsch Hardt.

  • Indemnity Lessons From Mass. Construction Defect Ruling

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    The Massachusetts high court's decision in Trustees of Boston University v. CHA, holding that a bespoke contractual indemnity provision means that a construction defect claim is not subject to Massachusetts' statute of repose, should spur design and construction professionals to negotiate limited provisions, says Christopher Sweeney at Conn Kavanaugh.

  • 4 Strategies For De-Escalating Hospitality Industry Disputes

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    As recent uncertainty in the travel business exacerbates the risk of conflict in the hospitality sector, industry in-house counsel and their outside partners should consider proactive strategies aimed at de-escalating disputes, including preserving the record, avoiding boilerplate clauses and considering arbitration, say Randa Adra at Crowell and Stephanie Jean-Jacques at Hyatt.

  • SEC Signals Opening For Private Fund Investment Reform

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    At SEC Speaks in late May, the U.S. Securities and Exchange Commission made clear that it's considering allowing registered funds of private funds to be offered broadly to true retail investors, meaning existing funds should review their disclosures focusing on conflicts of interest, liquidity and fees, say attorneys at Stradley Ronon.

  • Unicoin Case Reveals SEC's Evolving Enforcement Posture

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    The U.S. Securities and Exchange Commission's recent fraud allegations against cryptocurrency company Unicoin send a clear message that while the Trump administration supports digital asset development, it will act decisively against deception, inflated valuations and false assurances, says David Zaslowsky at Baker McKenzie.

  • Opportunity Zone Revamp Could Improve The Program

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    If adopted, the budget bill's new iteration of the opportunity zone program could renew, refine and enhance the effectiveness and accountability of the original program by including structural reforms, expanded eligibility rules and incentives for rural investment, say attorneys at Pillsbury.

  • Review Risk Is Increasing For Foreign Real Estate Developers

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    Federal and state government efforts have been expanding oversight of foreign investment in U.S. real estate, necessitating careful assessment of risk and of the benefits of notifying the Committee on Foreign Investment in the United States, say attorneys at Troutman.