Commercial
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August 13, 2025
Seyfarth Adds Construction Trio From Akerman And Boutique
Seyfarth Shaw LLP announced Wednesday that a trio of experienced construction attorneys have joined the firm's Los Angeles office, including two hires from Akerman LLP.
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August 13, 2025
Scarinci Hollenbeck Adds 4 Litigators In NYC
Scarinci Hollenbeck LLC has added four litigators previously with Kishner Legal PC who have expertise in areas such as commercial litigation and real estate as attorneys in its New York City office, the firm announced Wednesday.
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August 13, 2025
Pillsbury Adds Weil Duo To Lead East Coast Real Estate Team
Pillsbury Winthrop Shaw Pittman LLP has added two partners from Weil Gotshal & Manges LLP to serve as the co-leaders of its East Coast real estate practice, the firm said Wednesday.
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August 13, 2025
Insurer Owes Defense In Hotel Trafficking Suits, Court Told
Red Roof Inn told an Ohio federal court Wednesday that a Liberty Mutual unit must defend it in 11 lawsuits alleging it violated the U.S. Trafficking Victims Protection Reauthorization Act by financially benefitting from human trafficking, arguing the claims fall outside separate exclusions for intended and criminal acts.
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August 13, 2025
Rising Star: Kirkland's Katie Roddy
Katie Roddy of Kirkland & Ellis LLP advised Hudson Pacific Properties on its $700 million sale of a shuttered Los Angeles mall to UCLA after the pandemic complicated Hudson's office redevelopment plans, earning her a spot among the real estate law practitioners under age 40 honored by Law360 as Rising Stars.
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August 13, 2025
Resi REITs Still Waiting Out Oversupply In Q2
As the surplus of new apartment supply continues to burn off across the country, residential real estate investment trust executives said on second-quarter earnings calls that operators are focusing on driving occupancy rates while they wait for supply to constrict further in 2026 and 2027.
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August 13, 2025
Attys Tee Up Projects As Midtown Rezoning Nears Finish Line
New York City is poised to allow dense residential development in Midtown South, including in the Garment District, a historic hub for clothing manufacturing, in what land use attorneys say is a major flex for the city's new zoning regime.
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August 13, 2025
Delaware Bill Seeks Separate Tax Rates For Property Types
Delaware would authorize school districts to set different tax rates for residential and nonresidential property under a bill introduced in the state House for consideration in a special legislative session.
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August 13, 2025
Vornado Reaches $120M Refi For Manhattan Retail Property
Vornado Realty Trust said it has completed a $120 million refinancing of a 204,000-square-foot retail property in Manhattan that hosts one of New York City's first Whole Foods Markets.
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August 13, 2025
Hotels Lean On Luxury Appeal Amid Economic Uncertainty
The hospitality sector has endured a challenging recovery from the pandemic and now faces broad economic uncertainty stemming from President Donald Trump's trade wars, but, at least for companies focused on the higher end of the market, recent results have been encouraging and there is reason for optimism, executives said in their latest earnings calls.
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August 13, 2025
NY Senate Bill Would Bar Tax Breaks For Political Nonprofits
New York property tax exemptions for nonprofits would no longer apply to entities engaged in political activity under a bill introduced Wednesday in the state Senate.
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August 13, 2025
Del. Lawmakers OK Property Tax Payment, Refund Changes
Delaware would make property tax changes including allowing installment payments and changing refund rules under bills approved by lawmakers and sent to the governor.
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August 12, 2025
Title Co. Hits Atty With Malpractice Suit Over $2.5M Refi
Fidelity National Title Insurance Co. on Monday filed suit in state court against a Connecticut attorney, alleging his oversight when issuing a loan policy of title insurance for a $2.5 million refinancing cost Fidelity $920,000.
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August 12, 2025
Pa. Marina Can't Cite 1849 Law To Reopen Railroad Crossing
A Pennsylvania federal judge on Tuesday rejected an attempt by the owner of a bar and marina south of Pittsburgh to claim an 1849 law in seeking to force railroad company CSX Transportation to reopen a rail crossing providing the only public access to the business.
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August 12, 2025
Corp. Unveils $400M Texas Acute Care Hospital Project
Community Hospital Corp. revealed its $400 million plan to build a nonprofit acute care hospital in Sherman, Texas, that's currently scheduled to start construction in early 2026 and to begin accepting patients in early 2028, according to the company's Tuesday announcement.
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August 12, 2025
Fed. Circ. Won't Revive Real Estate Co.'s IRS Contract Dispute
A real estate company failed to show that the Internal Revenue Service improperly blocked its bid to continue leasing office space to the agency after agency employees complained about the building, the Federal Circuit said Tuesday, affirming a Court of Federal Claims ruling.
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August 12, 2025
Ex-Stearns Weaver Land Use Pro Joins Wife At Fla. Boutique
A Tampa land use attorney left his practice at Stearns Weaver Miller after a decade to join his wife, the founding partner of boutique firm Barbas Cremer PLLC, achieving a goal they've had since meeting in law school.
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August 11, 2025
How A Nonexistent Bar Unraveled A California Bribery Case
The criminal case against Palm Springs, California, developer John Wessman hinged on a cooperating witness's testimony that Wessman hatched a plan with him at a bar to bribe the city's then-mayor, but his defense counsel from Keker Van Nest & Peters LLP blew up that story on cross-examination by demonstrating the bar hadn't even opened at that time, helping to obtain an acquittal.
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August 11, 2025
CRE Fintech Firm Securities Paused For Possible Arbitration
A proposed class action accusing real estate platform CrowdStreet of enabling a $63 million fraud was paused Monday to allow individual arbitration to decide if the investors' claims can proceed.
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August 11, 2025
Cadwalader Nabs Sidley Real Estate Partner With CLO Focus
Cadwalader Wickersham & Taft LLP has brought on a structured finance pro from Sidley Austin LLP to co-head its commercial real estate collateralized loan obligation practice, the firm announced on Friday.
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August 11, 2025
2 Firms Guide REIT's Close Of $145M Seattle Hotel Sale To JV
Braemar Hotels & Resorts closed on a $145 million sale of a Marriott-branded hotel in Seattle to a joint venture between Sixth Street Partners LLC and Riller Capital LLC, in a deal guided by Jackson Walker LLP and Latham & Watkins LLP, per securities filings.
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August 11, 2025
Sills Adds Ex-Rosenberg Atty To Litigation, Real Estate Teams
Sills Cummis & Gross PC hired a former Rosenberg & Estis PC member to join the firm's litigation and real estate teams in New York City.
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August 11, 2025
Dentons Tops List Of Firms With Biggest Water Law Teams
Dentons, Troutman Pepper Locke LLP and WilmerHale are among the large U.S. law firms that have sizable teams of lawyers that work on water matters, according to an analysis by Law360 Real Estate Authority.
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August 11, 2025
Judge Upholds 99-Year Lease In Dispute At Miami Beach Hotel
A state court judge largely shot down an attempt by co-owners of a Miami Beach hotel to cancel an operator's 99-year lease, rejecting arguments that the agreement requires the property to be maintained in 1950s condition.
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August 11, 2025
Allen Matkins Guides $160M Calif. Community Project Loan
Walker & Dunlop Inc.'s capital markets team has secured a $160 million loan with a $27 million "re-advance component" for the construction of a 1,900-unit, master-planned community project in Rancho Mirage, California, the commercial real estate finance and advisory firm announced Monday.
Expert Analysis
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How Investors Can Seize Renewables Opportunities In RE
As governments and stakeholders increasingly focus on sustainability in the real estate sector, investors could capture significant upside by implementing an operational real estate strategy focused on renewable energy sources, say attorneys at Goodwin.
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Insurance Cos. Are Stretching Construction Standard Limits
In the construction sector, the importance of closely vetting downstream parties' insurance policies has never been more critical — owners and general contractors need to be on the lookout for ever broader carrier-specific expansions of standard insurance provisions that are perilous for risk transfer, says Eric Clarkson at Saxe Doernberger.
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Potential WeWork Bankruptcy May Disrupt Coworking Spaces
If WeWork files for bankruptcy, as hinted at in its recent quarterly earnings report, landlords may struggle to take over management of WeWork's coworking spaces, but the coworking industry as a whole is showing some promise in adapting to the market's evolving post-pandemic office needs, says Ann Chandler at Hall Estill.
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A Cautionary Tale Of Flawed Debt Accounting And SEC Fines
The U.S. Securities and Exchange Commission's recent improper-accounting charges against Malvern Bancorp and its ex-CFO highlight crucial practice issues, including the need to objectively evaluate borrowers' credit, say attorneys at Arnold & Porter.
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Bat's Newly Endangered Status Likely To Slow Development
A recent change in the classification of the northern long-eared bat from "threatened" to "endangered" could have significant effects on development in large portions of the Eastern and Southeastern U.S. — and in the absence of straightforward guidelines, developers will have to assess each project individually, says Peter McGrath at Moore & Van Allen.
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Litigation Can Facilitate EB-5 Investor Visa Determinations
Processing times in the EB-5 investor visa program continue to rise, but filing a mandamus claim in the right venue against U.S. Citizenship and Immigration Services may offer applicants mired in delay a means to expedite processing, says Mark Stevens at Clark Hill.
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Regulators Must Get Creative To Keep Groundwater Flowing
Even as populations have boomed in Sun Belt states like Arizona, California and Texas, groundwater levels have diminished due to drought and overuse — so regulators must explore options including pumping limits, groundwater replenishment and wastewater reuse to ensure future supplies for residential and commercial needs, says Jeffrey Davis at Integral Consulting.
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Key Provisions In Florida's New Insurer Accountability Act
Florida's recent bipartisan Insurer Accountability Act introduces a range of new obligations for insurance companies and regulatory bodies to strengthen consumer protection, and other states may follow suit should it prove successful at ensuring a reliable insurance market, say Jan Larson and Benjamin Malings at Jenner & Block.
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Best Practices For Lenders To Limit Recourse Liability
As projects face loan maturities in a higher interest rate environment, lenders should diligently observe even seemingly innocuous formalities following an event of default in order to minimize potential recourse liability, especially when borrowers have certain covenants, say Ryan Goins and Matthias Kleinsasser at Winstead.
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The Basics Of Being A Knowledge Management Attorney
Excerpt from Practical Guidance
Michael Lehet at Ogletree Deakins discusses the role of knowledge management attorneys at law firms, the common tasks they perform and practical tips for lawyers who may be considering becoming one.
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Rising Interest Rates Bring Risk For Construction Contractors
With rising interest rates causing many construction projects to be slowed or halted, it's important for general contractors to implement safeguard measures against the risk of significant financial losses caused by owner-driven schedule modifications, says Kevin Riexinger at Gfeller Laurie.
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Keys To Navigating The Post-Pandemic CRE Market
Excerpt from Practical Guidance
As the commercial real estate market continues to face repercussions from the COVID-19 pandemic, lawyers should use office occupancy and leasing volume numbers to anticipate future trends and help guide clients through an uncertain landscape, says Joseph Calvanico at J2C Valuations.
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How Rate Exportation Is Shifting Amid Regulatory Trends
All banks and their partners, including fintechs, that wish to lend to borrowers in multiple states and charge uniform interest rates should heed regulatory developments across the country and determine how best to mitigate risks in their efforts to offer credit to consumers on a nationwide basis, say attorneys at Ballard Spahr.