Commercial

  • August 21, 2025

    Idaho Church Granted Full Exemption By State Supreme Court

    An Idaho church that leased a portion of its property to be used a day care center operated by the YMCA is still eligible for a full property tax exemption, the state Supreme Court said, overturning a lower court ruling. 

  • August 21, 2025

    Texas Resolution Seeks Vote On Broader Property Tax Limit

    Texas would ask voters to decide if the state should amend its constitution to apply an existing limit on the appraised value of residence homesteads to other types of property under legislation filed in the state House of Representatives.

  • August 21, 2025

    5 Firms Guide Canadian Resi REIT's $354M Sale

    Dream Residential REIT announced Aug. 21 that the Canadian company's board has reviewed and signed off on its $354 million, all-cash sale to Morgan Properties, a deal shaped by five different firms.

  • August 21, 2025

    Cantor Equity Partners IV Begins Trading After $400M IPO

    Special purpose acquisition company Cantor Equity Partners IV Inc., sponsored by private equity giant Cantor Fitzgerald, hit the public markets Thursday after pricing its $400 million initial public offering the day prior.

  • August 21, 2025

    NY Appeals Court Throws Out Trump's $500M Fraud Penalty

    A divided New York state appeals court panel on Thursday tossed a nearly $500 million civil fraud penalty against President Donald Trump and his sons, companies and their executives, ruling that the fine was "excessive," but kept in place a judge's finding of liability.

  • August 20, 2025

    Ohio Justices Free Bank From $77M Guaranty Disclosure Duty

    The Ohio Supreme Court on Wednesday ruled that nothing in state law required Huntington Bank to inform a co-signer of a $77 million loan guaranty about the risks associated with signing the deal with two other partners, one of whom later pled guilty to a check-kiting scheme.

  • August 20, 2025

    401(k) Order Lifts Real Estate Spirits

    After years of distress, first driven by remote working, then by soaring interest rates and rising costs, excitement has now taken hold in the real estate sector as the Trump administration spurs 401(k) plans to include more private assets.

  • August 20, 2025

    Texas AG Says Chase Can't Recoup Failed $10M Project

    The Texas Office of the Attorney General on Wednesday asked the state's highest court to reject JPMorgan Chase Bank NA's attempt to get a city to continue to make payments on a botched $10 million project, saying such payments would run afoul of the Texas Constitution.

  • August 20, 2025

    Fried Frank Guides $290M Refi Of Times Square Tower

    JPMorgan Chase Bank NA has refinanced a $290 million loan first issued to the owner of One Times Square in 2022 when it launched a $500 million renovation of the commercial tower.

  • August 20, 2025

    La. Biz Groups Oppose Changes To Assessment Appeal Rules

    Revisions that the Louisiana Assessors' Association has proposed to regulations that govern appeals and assessments could hamper businesses' ability to present information that establishes fair market value of their properties, industry representatives said Wednesday.

  • August 20, 2025

    What To Watch In Florida Real Estate In 2025's Second Half

    Florida real estate is less impervious to challenges confronting the industry and broader economy than in recent years, but local attorneys and real estate professionals say they expect the market will continue to attract people, business and investment in the second half of 2025 and beyond.

  • August 20, 2025

    Florida Panel Revives Suit Over Gun Store Zoning Restriction

    A Florida appellate panel on Wednesday issued a split decision reviving a state court lawsuit brought by a gun retailer alleging state law preempts a city zoning ordinance allegedly meant to restrict firearm sales, ruling there's a fact issue that must be decided by a jury. 

  • August 20, 2025

    Error-Filled Pro Se Recusal Bid Draws Conn. Judge's Ire

    A Connecticut federal judge will not docket a pro se recusal request in a U.S. Securities and Exchange Commission fraud action accusing a man of skimming nearly $1 million in investments designated for hotel repair work, saying in a minute order that the defendant otherwise has counsel and submitted a meritless, error-riddled bid.

  • August 20, 2025

    Rising Star: Dechert's Nitya Kumar Goyal

    Dechert LLP's finance and real estate partner Nitya K. Goyal worked on major loan deals last year, such as representing Bank of America and Deutsche Bank in a $1.58 billion mortgage loan origination that used nine luxury hotels as collateral, earning her a spot among the real estate practitioners under age 40 honored by Law360 as Rising Stars.

  • August 20, 2025

    NY Town To Expedite Mosque Approvals In Land-Use Deal

    The town of Oyster Bay, New York, has settled a mosque's claims that the town amended its parking laws in a targeted attempt to thwart redevelopment efforts, agreeing to oversee the quick approval of the mosque's application and to amend the underlying parking ordinance.

  • August 20, 2025

    Texas House Bill Seeks To Bar Property Taxes Starting In 2031

    Texas would bar the imposition of property taxes starting in 2031, contingent on voter approval of an amendment to the state constitution, under a bill introduced in the state House of Representatives.

  • August 19, 2025

    Judge Bans Texas Atty He Says Is 'Incapable Of Honesty'

    A federal judge has indefinitely suspended attorney J. Shelby Sharpe from practicing law in the Northern District of Texas after he helped supposedly erstwhile clients dodge judgments, saying the attorney is seemingly "incapable of honesty."

  • August 19, 2025

    CoStar Gets Support For 9th Circ. Antitrust Ruling Redo Bid

    A group of antitrust scholars, former government officials and a center-left technology industry coalition asked the Ninth Circuit to allow them to file amicus briefs that back CoStar Group Inc.'s request for a rehearing of a Ninth Circuit ruling that revived rival Commercial Real Estate Exchange Inc.'s antitrust counterclaims.

  • August 19, 2025

    Data Center Co. Announces $25B Texas Campus Project

    Vantage Data Centers has invested more than $25 billion into a 1.4-gigawatt megascale data center campus project in Texas, the company announced Tuesday.

  • August 19, 2025

    Wisconsin Mall, Tenant Drop All Claims In Rent Dispute

    A mall and its tenant told a Georgia federal judge that they have jointly dismissed their claims over an unpaid rent dispute, ending their motions including the mall's bid to have Bradley Arant Boult Cummings LLP disqualified from representing the tenant due to an alleged conflict of interest.

  • August 19, 2025

    Law Firm Leasing On Pace To Surpass High-Performing 2024

    U.S. law firms leased 5.9 million square feet in the first six months of 2025, the most active first half since 2018, according to a report released Tuesday by real estate services company Savills.

  • August 19, 2025

    Former Microsoft Counsel Joins Eversheds Real Estate Team

    Eversheds Sutherland has grown its U.S. real estate practice group with the addition of a former senior corporate counsel at Microsoft, the firm said Tuesday.

  • August 19, 2025

    Parker Hudson Adds Real Estate Partner In Texas

    Parker Hudson Rainer & Dobbs LLP has entered the Texas market with a real estate partner in Austin, Texas, who previously practiced with Smith Robertson Elliott & Douglas LLP, further strengthening the firm's national retail leasing practice.

  • August 19, 2025

    Seyfarth Adds CRE Loan Pro To NY Office

    Seyfarth Shaw LLP added a commercial real estate finance pro to its real estate group from Bryan Cave Leighton Paisner LLP, two months after expanding its offices with a 22-person transactional team from Morris Manning & Martin LLP.

  • August 19, 2025

    Howard Hughes Spinoff Sells NYC Lot At Discount For $150M

    A company that spun off last year from Howard Hughes Holdings has announced it agreed to sell a lot in New York City to real estate development firm Tavros for roughly $150 million, a discount from the price its former parent paid for the property, following years of legal wrangling over its development plans.

Expert Analysis

  • How The CRE Industry Is Adapting To Tariff Uncertainty

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    Amid uncertainty about pending tariffs and their potential ripple effects, including higher material costs, supply chain delays and tighter margins, commercial real estate industry players are focusing on strategic planning and risk mitigation, says Daniel Diaz Leyva at Day Pitney.

  • Reconciling 2 Smoke Coverage Cases From California

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    As highlighted by a California Department of Insurance bulletin clarifying the effect of two recent decisions on insurance coverage, the February state appellate ruling denying coverage for property damage from smoke, ash and soot should be viewed as an outlier, say attorneys at Reed Smith.

  • Contractor Remedies Amid Overhaul Of Federal Spending

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    Now that the period for federal agencies to review their spending has ended, companies holding procurement contracts or grants should evaluate whether their agreements align with administration policies and get a plan ready to implement if their contracts or grants are modified or terminated, say attorneys at DLA Piper.

  • Contract Disputes Recap: Terminations Galore

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    Attorneys at Seyfarth examine three recent decisions in which the Civilian Board of Contract Appeals and the Armed Services Board of Contract Appeals provide valuable insights into contract terminations, modifications and the jurisdictional requirements for claims.

  • Making The Opportunity Zones Program Great At Last

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    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.

  • Investor Essentials For Buying Federally Owned Property

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    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.

  • How 2025 Is Shaping The Future Of Bank Mergers So Far

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    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.

  • Why NY May Want To Reconsider Its LLC Transparency Law

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    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.

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

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    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.

  • How GSA Lease Clauses May Affect DOGE Terminations

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    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.

  • What SDNY Judge Can And Can't Do In Adams Case

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    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.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “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.

  • Corp. Transparency Act's Future Under Treasury's Bessent

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    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.