Commercial
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August 28, 2025
Jeffer Mangels Moves To New Offices In San Francisco
The San Francisco office of Jeffer Mangels Butler & Mitchell LLP has moved to a new location in the city's Financial District.
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August 28, 2025
Wyndham Licensee Must Cover Sex Trafficking Claims
A New Jersey federal judge has found that a Wyndham Hotel Group LLC licensee can't escape an indemnity provision requiring it to cover the group in suits alleging sex trafficking was allowed to happen at the hotel.
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August 28, 2025
Alston & Bird Pilots Co.'s $445M Healthcare Real Estate Fund
Hammes Partners, guided by Alston & Bird LLP, shot past its $350 million fundraising target for its healthcare real estate fund by closing the fund with $445 million worth of equity commitments, the institutional investment management firm announced Thursday.
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August 28, 2025
Google To Invest $9B In Va. Data Center Projects
Google plans to spend an additional $9 billion on building a Chesterfield County data center and expanding data centers in the counties of Loudoun and Prince William all through the end of 2026, the state's governor announced.
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August 28, 2025
Compliance Atty Who Duped Lender Wants New Trial
A compliance lawyer convicted of pilfering from a $20 million line of credit that a subsidiary of Emigrant Bank extended to his tax-lien business has asked a Manhattan federal judge to order a new trial, arguing that prosecutors' evidence is insufficient and that the charges were "multiplicitous," in violation of the Fifth Amendment.
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August 28, 2025
Texas House OKs Lower Voter-Approval Property Tax Rate
Texas would lower its maximum property tax rate permitted by law without voter approval for larger taxing jurisdictions under a bill passed by the state House of Representatives.
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August 27, 2025
Investor Wants $250K, SUV Returned In Cannabis Venture
A Los Angeles investor is suing a number of people and entities who convinced him to sink $325,000 into a real estate and cannabis dispensary holding company, only to end up with no shares in the business and to discover the company's success was exaggerated.
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August 27, 2025
Father, Son Seek 2-Year Sentences In $280M Sports Park Fraud
A father and son are both seeking two-year sentences from a New York federal court after pleading guilty to fraud related to the development of a Phoenix-area youth sports park with $280 million in investments, alleging prosecutors overstated their culpability for investor losses.
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August 27, 2025
Ukrainian Money Laundering Claim Against U.S. Is Paused
Claimants in a $24 million arbitration accusing the U.S. government of overstepping its authority by initiating forfeiture proceedings aimed at unraveling an alleged Ukrainian money laundering scheme have agreed to suspend the claim for now, according to a notice.
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August 27, 2025
Lending Platform Originates $79M Luxury Miami Hotel Loan
Institutional lending platform Madison Newbond announced Wednesday that it originated a $79.3 million loan for a 41-story, 357-room luxury downtown Miami hotel in a deal lined up by JLL Capital Markets.
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August 27, 2025
CoStar Says Copyright Claims Against CREXi Can't Wait
CoStar Group Inc. told a California federal court that Commercial Real Estate Exchange Inc. is continuing to use its copyrighted images and urged the court not to put its infringement claims on hold for the rival listing platform's "makeweight" antitrust counterclaims.
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August 27, 2025
Attys Navigate Tangle Of Transit-Oriented Zoning In Miami
The Miami City Commission's recent approval of a new category of transit-oriented zoning has added another layer to a rapidly changing, increasingly complex web of regulations and incentives that real estate attorneys must consider when guiding development projects in the city.
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August 27, 2025
CUNY Signs $40M Deal To Buy Manhattan College Campus
New York City public university system the City University of New York has agreed to pay $40 million for the Downtown Manhattan campus of the private Metropolitan College of New York, according to an official MCNY voluntary filing.
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August 27, 2025
Contractors Looking To AI To Navigate Construction Tariffs
Construction contractors are increasingly leveraging the power of artificial intelligence and technology to navigate the headwinds and uncertainty that have come with President Donald Trump's trade war, a technology executive recently told Law360 Real Estate Authority.
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August 27, 2025
Faegre Drinker Says Investor Can't Call Biz Loss Malpractice
Faegre Drinker Biddle & Reath LLP told a New Jersey state court this week that a malpractice suit it faces from a real estate investor is nothing more than an attempt by the investor to shift responsibility for a failed investment.
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August 27, 2025
Jones Day Continues Real Estate Growth With McDermott Atty
Jones Day announced the latest addition to its real estate practice on Wednesday, welcoming a New York-based attorney from McDermott Will & Schulte LLP.
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August 27, 2025
Jailed Pastor Cites Adams Dismissal In Bid To Beat Charges
A clergyman serving a nine-year sentence for fraud cited his ties to New York City Mayor Eric Adams on Wednesday in a bid to have his conviction overturned in the wake of the Trump administration's dismissal of the charges against Adams.
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August 27, 2025
Simpson Thacher Closes Co.'s Texas Logistics Properties Buy
Stonepeak acquired two Fort Worth, Texas, logistics assets that take up 748,000 square feet in a deal guided by Simpson Thacher & Bartlett LLP, the alternative investment firm announced.
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August 27, 2025
Atty Eyes Chilling Effect From Texas Foreign Ownership Law
In the latest effort by states to deter foreign control of real estate, Texas has introduced a sweeping prohibition, effective Sept. 1, against certain countries owning real property in the state. Polsinelli shareholder Weston B. Rockers explains how deals could be structured going forward — and how the law may scramble existing transactions.
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August 26, 2025
Expedia Says 11th Circ. Ruling Dooms Helms-Burton Verdict
Expedia, Orbitz and Hotels.com tried to undo a $29.85 million verdict over Helms-Burton Act violations Tuesday, telling a Florida federal judge the plaintiff, who claims his family owned a Cuban barrier island before its seizure by Fidel Castro's government, does not meet the Eleventh Circuit's recently set standard.
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August 26, 2025
Kirkland Guides REIT's $285M Seattle Office Tower Refi
Hudson Pacific Properties Inc., guided by Kirkland & Ellis LLP, obtained a five-year, interest-only $285 million loan in a Wells Fargo-led deal to refinance a loan secured by the real estate investment trust's 668,000-square-foot office tower in Seattle's Denny Triangle neighborhood.
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August 26, 2025
White & Case Guides Hotel REIT's $480M Company Sale
Braemar Hotels & Resorts Inc., guided by White & Case LLP, wants to sell itself for at least $480 million, the luxury hotels- and resorts-focused real estate investment trust announced Tuesday.
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August 26, 2025
Feds Look To Dismiss Calif. Tribe's $700M Casino Dispute
The U.S. Department of the Interior, with the backing of two tribes and the California Gaming Association, is looking to dismiss a lawsuit over its decision to temporarily nix eligibility for a proposed $700 million casino and hotel project, arguing it doesn't constitute a final agency action under the Administrative Procedure Act.
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August 26, 2025
Ohio House Bills Seek To End Or Limit Property Taxes
Three bills introduced in the Ohio House of Representatives would eliminate property taxes by 2030, allow voters to introduce ballot initiatives to lower property taxes and increase the approval threshold for passage of certain property taxes.
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August 26, 2025
Tax Credit Dispute Sparks $1.3M Lawsuit Against Jersey City
A prominent Garden State developer filed a lawsuit against New Jersey's second-largest city, claiming the city improperly reversed its position on a longstanding tax agreement — demanding nearly $1.3 million in back payments that the developer says it does not owe.
Expert Analysis
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What's At Stake As 9th Circ. Eyes Cultural Resource Damages
In Pakootas v. Teck Cominco, the Ninth Circuit is faced with the long-unresolved question of whether cultural resource damages are recoverable as part of natural resource damages under the Superfund law — and the answer will have enormous implications for companies, natural resource trustees and Native American tribes, says Sarah Bell at Farella Braun.
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5 Insurance Types For Mitigating Tariff-Related Trade Losses
The potential for significant trade-related losses as a result of increased tariffs may cause companies to consider which of their insurance policies, including marine, builders risk, trade credit, and directors and officers, could provide coverage to alleviate the financial impact, say attorneys at Pillsbury.
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Avoiding Pitfalls Around New Calif. Commercial Lease Law
A California law that became effective this year requires commercial landlords to extend certain protections previously afforded to residential tenancies, and a few key provisions of the law especially warrant reexamination of leasing and operational processes, say attorneys at Holland & Knight.
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Measuring And Mitigating Harm From Discriminatory Taxes
In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.
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Addressing Tariff Price Escalation In Construction Contracts
As construction projects across the U.S. face uncertainty surrounding material price increases driven by government-imposed tariffs, owners and developers should draft strong contracts to protect themselves from tariff-related cost overruns and delays, say attorneys at Akerman.
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How The CRE Industry Is Adapting To Tariff Uncertainty
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.
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Reconciling 2 Smoke Coverage Cases From California
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.
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Contractor Remedies Amid Overhaul Of Federal Spending
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.
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Contract Disputes Recap: Terminations Galore
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.
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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.