Commercial

  • June 24, 2025

    Fox Rothschild Hires Veteran Real Estate Atty For Minn. Office

    Fox Rothschild LLP has brought on board an experienced commercial real estate transactions attorney for a counsel role in its Minneapolis office, the firm announced on Tuesday.

  • June 24, 2025

    NJ Agency Fights $26M Property Taking Verdict In Ch. 11

    A New Jersey development agency pushed back against a move in bankruptcy court by the owner of a former tire factory site to collect a $25.6 million jury verdict stemming from the agency's decision to condemn the property and make way for housing.

  • June 24, 2025

    Texas Narrows Discovery Allowance In Property Tax Appeals

    Texas district courts can't order discovery in property tax cases unless the discovery is requested by the appealing party under a bill signed by Gov. Greg Abbott. 

  • June 24, 2025

    Plymouth Nabs $193M Ohio Industrial Portfolio

    Plymouth Industrial REIT Inc. announced that it has purchased a 1.95 million-square-foot portfolio of industrial properties located across three Ohio submarkets from an affiliate of Investcorp for $193 million.

  • June 24, 2025

    Macerich Real Estate Co. Buys Mall In Raleigh, NC For $290M

    The Macerich Co. has picked up a 1.3 million-square-foot mall in North Carolina's capital city of Raleigh for $290 million, according to a Tuesday announcement.

  • June 24, 2025

    Alaska Must Challenge Tribe's Gaming Hall In Home State

    The state of Alaska must challenge federal approval for an Alaska Native tribe's gaming hall on its home turf and not in Washington, D.C., a D.C. federal judge ruled.

  • June 24, 2025

    Ohio School Board Can't Appeal Property's Valuation

    An Ohio commercial property improperly had its value raised to $27.8 million, the state Board of Tax Appeals ruled, finding jurisdiction was lacking for a school board's appeal that resulted in the increase.

  • June 24, 2025

    V&E Adds Investment, Finance Trio In NY, Texas

    Vinson & Elkins LLP has brought on three new partners to strengthen its investment management and finance practices.

  • June 24, 2025

    Simpson Thacher Guides $575M Loan For Times Square Office

    In two loan deals guided by Simpson Thacher & Bartlett LLP, Apollo Global Management Inc. borrowed more than $575 million for a Times Square office skyscraper that's going to be converted into a residential building, according to official property records filed Tuesday.

  • June 24, 2025

    GSA Chooses Site For New Conn. Federal Courthouse

    The U.S. General Services Administration selected a 2.19-acre parking lot in Hartford, Connecticut, as the home for a new federal courthouse, which it says will be operational by 2030.

  • June 23, 2025

    9th Circ. Revives Antitrust Counterclaims Against CoStar

    A Ninth Circuit panel on Monday revived counterclaims accusing CoStar of monopolizing commercial real estate information markets in the company's case accusing a rival of engaging in "industrial-scale" copyright infringement.

  • June 23, 2025

    NC County Can't Deny Church Rezoning Bid In Land Use Fight

    Officials in a rural North Carolina county likely violated a religious land use law when rejecting a church's rezoning bid and are barred from denying the organization's request, a federal judge ruled.

  • June 23, 2025

    3 Firms Guide Record-Setting $1.15B DC Wharf Refinancing

    A Washington, D.C., mixed-use development led by Canadian pension fund PSP Investments has closed on a $1.15 billion refinancing, with Milbank LLP, Pillsbury Winthrop Shaw Pittman LLP and Davies Ward Phillips & Vineberg LLP advising the borrowers on the deal, according to a Monday news release. 

  • June 23, 2025

    Taft Expands Fla. Footprint With Private Client Duo In Naples

    Taft Stettinius & Hollister LLP announced Monday that it is expanding in Naples, Florida, with a pair of new private client partners, just ahead of a June 30 merger that will grow the firm in West Palm Beach and Stuart.

  • June 23, 2025

    Takings Not Enough To Lower Lot Value, Mass. Board Says

    A half-acre parking lot in Massachusetts was not overvalued by a local assessor despite temporary and permanent takings by the state highway department during road construction, the state Appellate Tax Board said in a decision released Monday.

  • June 23, 2025

    Goldman Sachs Real Estate VP Rejoins Haynes Boone In NY

    A former Haynes & Boone LLP attorney has returned to the firm's New York office as a real estate finance partner after leaving for three years to become a vice president on Goldman Sachs' real estate investment team.

  • June 23, 2025

    NYC Real Estate Week In Review

    Fried Frank and BakerHostetler are among the law firms that scored work on the top New York City real estate deals that hit public records last week, with deals in Manhattan and the Bronx leading the way.

  • June 23, 2025

    Proxy Adviser Doubts Activist Plan For Senior Living Operator

    An independent proxy advisory firm recommended Monday that Brookdale Senior Living shareholders support most of the company's board nominees at a July meeting, questioning activist investor Ortelius Advisors' strategy to unload assets and leases.

  • June 23, 2025

    No Break For Early Pay After Late Postmark, Ore. Court Says

    An Oregon company could not show that its property tax payments were mailed before the due date for receiving a discount for early payments, the state tax court said.

  • June 23, 2025

    Va. City Wants Out Of Landfill Co.'s Suit Over Land Use Law

    The Virginia city of Chesapeake argued in Virginia federal court that a landfill owner's suit over an amended city land use law should be tossed because the owner hasn't actually been punished under the law and hasn't indicated that they're going to violate it.

  • June 23, 2025

    Oregon Lawmakers OK Extending Brownfield Tax Breaks

    Oregon would extend its program of local property tax incentives for brownfield development by six years under legislation passed by the state House of Representatives.

  • June 23, 2025

    Terreno Pays $49.5M For Southern Calif. Industrial Property

    Terreno Realty Corp. paid $49.5 million to an unidentified seller to acquire a fully leased, 134,000-square-foot Santa Ana, California, industrial distribution property that's also a retail location, the industrial real estate company announced Monday.

  • June 23, 2025

    IRS Updates Coal Closure Areas For Energy Community Perk

    The IRS released Monday an updated list of counties with shuttered coal manufacturing operations and other locations used to determine a clean energy development project's eligibility to get a boost in tax credits for being in communities that historically relied on the fossil fuel industry.

  • June 23, 2025

    Ore. Lawmakers OK Barring Farm Tax Break For Illegal Pot

    Oregon farmland would lose eligibility for a tax break if its owner is found to be illegally growing marijuana on it under legislation approved by state lawmakers.

  • June 23, 2025

    Horn Williamson Opens Wilmington Office With New Partner

    Horn Williamson LLC has added a construction litigation partner with over 23 years of experience from Dailey LLP to launch a new office in Wilmington, Delaware, the firm announced this week.

Expert Analysis

  • Smith's New Trump Indictment Is Case Study In Superseding

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    Special counsel Jack Smith’s recently revised Jan. 6 charges against former President Donald Trump provide lessons for prosecutors on how to effectively draft superseding indictments in order to buttress or streamline their case, as necessary, says Jessica Roth at Cardozo Law School.

  • Consider Best Legal Practices For Commissioning Public Art

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    Commissioning public art for real estate projects can provide many benefits to real estate developers and the public, but it's important to understand the unique legal and contracting aspects of the process to ensure that projects are completed on time and on budget, says Sarah Conley Odenkirk at ArtConverge.

  • Applying High Court's Domestic Corruption Rulings To FCPA

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    After the U.S. Supreme Court narrowed the domestic corruption statutes in three decisions over the past year and a half, it’s worth evaluating whether these rulings may have an impact on Foreign Corrupt Practices Act enforcement, and if attorneys can use the court’s reasoning in international bribery cases, says James Koukios at MoFo.

  • Climate Among Many Factors Driving Up RE Insurance Costs

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    A proactive approach to risk management may determine the viability of the U.S. commercial real estate sector as weather crises and other factors drive insurance costs higher, says Ulrick Matsunaga at Crosbie Gliner.

  • Bid Protest Spotlight: Debriefings, Timeliness, Documentation

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    ​James Tucker at MoFo examines three recent decisions from the Federal Circuit, the U.S. Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.

  • A Look At Recent Case Law On Expedited Judgment In NY

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    A number of recent New York state court decisions clarify and refine the contours surrounding Civil Practice Law and Rule 3213, providing landlords, lenders and other payees guidance on how to seek accelerated judgment in certain litigation, says Alexander Lycoyannis at Holland & Knight.

  • Dealmaker Lessons From CFIUS' New Enforcement Webpage

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    The Committee on Foreign Investment in the United States’ recently launched webpage, which details the actions — and inactions — that led to enforcement activity, provides important insights for dealmakers about filing requirements, mitigation commitments and the cost of noncompliance, say attorneys at Dechert.

  • Reassessing Lease Provisions To Account For ESG Initiatives

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    As companies seek to build ESG considerations into their businesses, it's crucial to understand how such initiatives can quickly become significant enough to compel reassessment of lease agreement provisions, and how best to modify leases accordingly, say Julian Freeman and Gabe Pitassi at Cox Castle.

  • Avoid Getting Burned By Agencies' Solar Financing Spotlight

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    Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.

  • Co-Tenancy Clause Pointers For Shopping Center Landlords

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    Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at Cox Castle.

  • Assessing Algorithmic Versus Generative AI Pricing Tools

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    A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.

  • Navigating A Potpourri Of Possible Transparency Act Pitfalls

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    Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.

  • Keys To Successful Commercial Property Insurance Claims

    Excerpt from Practical Guidance
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    While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.