Commercial
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July 09, 2025
Nashville Owners Must Face The Music As Tax Burden Surges
Property owners in Nashville are facing greater tax burdens in light of a recent jump in property valuations. Burr & Forman partner John F. Rogers Jr., a veteran real estate attorney in the city, spoke recently with Law360 Real Estate Authority about the market's evolution and how he is advising clients on approaching these latest financial developments.
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July 09, 2025
Ballpark Builder Wants Engineer Forced To Ink Settlement
The original builder of a hotly litigated Hartford minor league baseball stadium has asked a Connecticut state court judge to force an engineering consultant's compliance with a confidential settlement agreement it has allegedly failed to sign despite sitting at the table with a number of other entities and lodging no objection to the terms.
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July 09, 2025
Trump Order On Solar, Wind Credits Puts Industry On Heels
President Donald Trump threw a curveball to the energy industry by ordering the U.S. Department of the Treasury to take a hard line on which projects qualify for solar and wind tax credits under the new budget law, leaving practitioners uncertain about the scope of the restrictions.
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July 09, 2025
NJ Court Backs Real Estate Partnership In Land Dispute
A New Jersey appeals court on Wednesday backed a lower court's ruling that a Garden State real estate partnership was the owner of a narrow strip of commercial property, concluding that decades of recorded deeds and consistent use established their rightful ownership.
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July 09, 2025
11th Circ. Rules Against Hotelier In Arbitration Battle
The Eleventh Circuit on Tuesday affirmed a bankruptcy court's annulment of an automatic stay to allow enforcement of an arbitral award issued in a dispute over a failed $250 million hotel conglomerate, rejecting arguments that the order was barred under a 2020 U.S. Supreme Court decision.
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July 09, 2025
Seyfarth Lands DLA Piper Corporate Ace In Atlanta
Seyfarth Shaw LLP has added a former DLA Piper attorney to its Atlanta office, strengthening its institutional investors services and its corporate practice with a lawyer who has served on temporary assignment to a sovereign wealth fund based in the United Arab Emirates, the firm announced Wednesday.
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July 09, 2025
Real Estate Lawyers On The Move
Buchalter, Shumaker and Warshaw Burstein are among the law firms that have made recent real estate or construction hires.
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July 09, 2025
USDA To Crack Down On Foreign Ownership Of Farmland
The U.S. Department of Agriculture has announced it will work to block purchases of U.S. farmland by "nationals from countries of concern or other foreign adversaries," particularly near sites such as military bases, and "aggressively" overhaul how the department reviews agricultural investments linked to countries including China, Russia and Iran.
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July 09, 2025
Jones Foster Brings On Fla. Real Estate Veteran In Jupiter
The sole shareholder and president of Gary Dytrych & Ryan PA in North Palm Beach has taken his decades of experience in real estate law to Jones Foster PA's Jupiter, Florida, office.
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July 09, 2025
NY Judge Combines Ready Capital Investors' Stock-Drop Suits
A New York federal judge has consolidated multiple stock-drop class actions against real estate finance company Ready Capital Corp., appointed a lead plaintiff and picked Levi & Korsinsky LLP as lead counsel.
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July 09, 2025
Mass. Cos. Must Keep Bottled Water Flowing In PFAS Case
A Massachusetts federal judge has ordered defendant companies to keep providing bottled water to residents of Westminster, Massachusetts, maintaining the status quo while the court determines whether those companies have made the residents' tap water sufficiently safe from so-called forever chemicals.
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July 08, 2025
Fla. Distorted Detention Center Construction, Group Says
An environmental nonprofit claimed in Florida federal court filings Tuesday it has evidence additional land in the Everglades is being used to construct a federal immigration detention center, alleging a misrepresentation from Florida officials that the camp is built on the footprint of an existing airport structure.
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July 08, 2025
Kansas Extends STAR Bonds To Continue Chiefs, Royals Talks
Kansas lawmakers have approved a one-year extension of the state's Sales Tax and Revenue bonds while the Missouri-based Kansas City Chiefs and Kansas City Royals continue talks with officials about migrating to Kansas.
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July 08, 2025
Kohl's Says Self-Storage Renovation Led To Pa. Mall Exit
In seeking to ditch a lawsuit, Kohl's on Tuesday told a Pennsylvania federal judge that a mall owner breached a lease of two decades with an unwanted renovation project that added a nearby self-storage business and cut off the retailer's access to the mall's interior.
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July 08, 2025
Tax Court Says IRS Offer In $57M Easement Case Isn't Binding
A settlement offer the Internal Revenue Service said it mistakenly made to a partnership after rejecting its $57 million conservation easement deduction is not binding, the U.S. Tax Court said Tuesday, declining the partnership's request to enforce the deal.
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July 08, 2025
4 Firms Guide BlackRock's ElmTree Acquisition Deal
BlackRock Inc. will acquire net lease real estate investment firm ElmTree Funds, which oversees $7.3 billion worth of assets as of March 31, in a deal guided by Skadden Arps Slate Meagher & Flom LLP, Fried Frank Harris Shriver & Jacobson LLP, Sidley Austin LLP and Kirkland & Ellis LLP, BlackRock announced.
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July 08, 2025
Fla. Probes Internet Figures, REIT And Suspect Ponzi Scheme
Florida Attorney General James Uthmeier on Tuesday announced his office has subpoenaed two internet personalities and their real estate investment trust based on allegations that they pocketed money intended for property purchases in what authorities say appears to be a Ponzi scheme.
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July 08, 2025
NYC Real Estate Week In Review
Bleakley Platt and Waxman Law are among the law firms that helped with the largest New York City real estate deals that became public last week, with a nine-figure Queens trade leading the way.
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July 08, 2025
Hospitality REIT Offloads Seattle Hotel In $145M Deal
Braemar Hotels & Resorts sold a 369-room Seattle hotel for $145 million, a property first purchased in 2007 as part of a 51-property portfolio, the real estate investment trust announced Tuesday.
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July 07, 2025
Newark Property Buyer Wins Appeal Over Axed $32.8M Sale
A New Jersey appellate panel on Monday upheld a trial court's ruling that a real estate investment firm properly terminated its $32.8 million purchase agreement for a mixed-use building in Newark after receiving a noncompliant estoppel certificate from one of the tenants, rejecting the seller's argument that the certificate's deficiencies were immaterial.
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July 07, 2025
Taft Adds CRE, Project Finance Attorney In Indianapolis
Taft Stettinius & Hollister LLP has hired Thomas M. Hanahan as a partner in its real estate practice group in Indianapolis.
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July 07, 2025
Fla. Firm Advises Blackstone's $200M Gulf Coast Resort Buy
Blackstone agreed to pay $200 million to acquire a Gulf Coast resort, with Florida-based Farr Law Firm advising seller Allegiant Travel Co.
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July 07, 2025
Maine Authorizes Task Force To Explore Property Tax Changes
Maine authorized the creation of a task force to explore the need for legislation and constitutional amendments to provide more effective property tax relief for residents under a bill signed by the governor.
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July 07, 2025
Tishman Speyer Lands $385M Refi For NYC Office Tower
Tishman Speyer landed a $385 million refinancing of its Class A office property at 300 Park Ave., two years after its commercial mortgage-backed securities loan was sent to special servicing, the property owner announced Monday.
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July 07, 2025
NY Firm Guides Power Authority On $206M Queens Site Buy
The New York Power Authority, advised by Bleakley Platt & Schmidt LLP, has completed a $206 million acquisition of a former Queens power plant site from a BP affiliate, with the purchase intended to bolster clean energy infrastructure.
Expert Analysis
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Making The Opportunity Zones Program Great At Last
As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.
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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.