Commercial
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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.
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August 11, 2025
Data Center Developer Lands $1.2B To Build Atlanta Campus
Law firms Allen Overy Shearman Sterling and Milbank LLP advised on $1.2 billion in green loan financing to data center developer DC Blox to build a campus near Atlanta.
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August 11, 2025
Nossaman Adds Public Finance Atty To Infrastructure Group
Nossaman LLP said it has hired infrastructure attorney Edsell "Chip" Eady in its San Diego office from the public finance practice at Procopio Cory Hargreaves & Savitch LLP.
Expert Analysis
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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.
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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.
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Webuild Ruling Complicates Arb. Award Enforcement In US
A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.
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How To Avoid A Costly CPA Limitation Hidden In Most Leases
The lease audit rights clause is a seemingly innocuous provision in most commercial real estate leases that ends up costing tenants millions of dollars each year, as they have unwittingly agreed to retain only an accountant to investigate and settle financial issues, says Jason Aster at KBA Lease Services.
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Navigating FEMA Grant Program For Slope Fixes After Storms
In the aftermath of Hurricanes Helene and Milton, it is critical for governments, businesses and individuals to understand the legal requirements of the Federal Emergency Management Agency's grant programs to obtain funding for crucial repairs — including restoration of damaged infrastructure caused by landslides and slope failures, says Charles Schexnaildre at Baker Donelson.
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Smith's New Trump Indictment Is Case Study In Superseding
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.
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Consider Best Legal Practices For Commissioning Public Art
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.
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Applying High Court's Domestic Corruption Rulings To FCPA
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.
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Climate Among Many Factors Driving Up RE Insurance Costs
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.
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Bid Protest Spotlight: Debriefings, Timeliness, Documentation
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.
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A Look At Recent Case Law On Expedited Judgment In NY
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.
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Dealmaker Lessons From CFIUS' New Enforcement Webpage
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.
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Reassessing Lease Provisions To Account For ESG Initiatives
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.