Commercial
-
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
Could A Casino Zhuzh Up Coney Island?
Jodi Stein, a partner at Sheppard Mullin Richter & Hampton LLP, is advising The Coney, one of eight proposals vying for three New York state licenses to operate a full-fledged casino.
-
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
These Firms Worked On The Top First-Half Real Estate Deals
A&O Shearman and Stibbe are among the more than 20 law firms that scored work on the 10 largest global real estate mergers and acquisitions of the first half, a period that saw three transactions above $4 billion.
-
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.
-
July 14, 2025
NYC Real Estate Week In Review
Herrick Feinstein and SLG are among the firms that handled the largest real estate deals that hit New York City public records last week, with a land deal in Queens topping the list.
-
July 14, 2025
Ohio Board Values Custom-Built Cannabis Facility At $12.6M
The Ohio Board of Tax Appeals valued a custom-built cannabis cultivation and processing facility at $12.6 million Monday, ruling that the property qualified as a special purpose property that is appraised under the cost approach method.
-
July 14, 2025
Jury Says Commercial Real Estate Owner Hid $4.8M
A jury in Washington federal court has found a commercial real estate company owner guilty on charges of concealing nearly $5 million in income from the Internal Revenue Service using a series of limited liability companies.
Expert Analysis
-
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.
-
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.
-
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.
-
Lights, Camera, Real Estate: Preparing For Film Facility M&A
As the entertainment industry struggles to recover from multiple strikes and a decline in production, certain aspects of selling or acquiring production facilities may become important to consider, as these assets are valued very differently from typical commercial real estate properties, say attorneys at Olshan Frome.
-
Corporate Liability Issues To Watch In High Court TM Case
The U.S. Supreme Court will hear arguments in a trademark dispute between Dewberry Group and Dewberry Engineers next week, presenting an opportunity for the court to drastically alter the fundamental approach to piercing the corporate veil, or adopt a more limited approach and preserve existing norms, say attorneys at Bracewell.
-
Plugging Gov't Leaks Is Challenging, But Not A Pipe Dream
As shown by ongoing legal battles involving New York City Mayor Eric Adams and Sean “Diddy” Combs, it’s challenging for defendants to obtain relief when they believe the government leaked sensitive information to the media, but defense counsel can take certain steps to mitigate the harm, says Kenneth Notter at MoloLamken.
-
A Legal Perspective On NYC's Retail Real Estate Evolution
As New York City's retail market begins to show signs of resilience after the challenges of recent years, landlords must be cognizant of legal implications from shifting trends toward shorter-term leases and pop-up stores, says Andrea Gendel at Pryor Cashman.
-
What Interest Rate Cuts Mean For Housing Markets
The Federal Reserve's recent reduction of interest rates may provide limited immediate relief for real estate sectors, but offers potential opportunities for commercial real estate investors and construction firms, which now face an environment ripe for new projects, say attorneys at Cozen O'Connor.
-
How CFIUS' Updated Framework Affects Global Investors
The recent change to the monitoring and enforcement regulations governing the Committee on Foreign Investment in the United States will broaden administrative practices around nonnotified transaction investigations, increase the scope of information demands from the committee and accelerate its ability to impose mitigation on parties, say attorneys at Simpson Thacher.
-
Foreclosing Lenders Still Floating In Murky Legal Waters In NY
The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.
-
NYC Hotel Licensing Law's Costs May Outweigh Its Benefits
A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.
-
Calif. Ruling Offers Hope For Mitigated Negative Declarations
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
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.