Commercial
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October 22, 2025
Texas Appeals Court Wipes $64M Judgment For Dallas Lender
A Texas appellate court wiped away a $64 million award to the subsidiary of a Dallas investment company following alleged fraud by Credit Suisse surrounding lending for a luxury Nevada community, saying the lower court improperly found that the subsidiary could collect damages above zero dollars.
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October 22, 2025
Two Firms Work On $168M NYC Hotel Loans, Sale
The Dominick Hotel, a 46-story, 391-room hotel in Manhattan's SoHo neighborhood, was sold off and connected to loan deals worth more than $168 million combined in separate transactions guided by Hogan Lovells and Kriss & Feuerstein LLP, according to official property records.
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October 22, 2025
Fifth Attorney For Michigan Pastor Exits Zoning Suit
A Michigan federal judge Wednesday allowed the fifth lawyer who represented a pastor in a zoning ordinance and retaliation dispute against a township to withdraw from the case, a few months after refusing to recuse himself from the case over a comment about the turnover rate for the pastor's counsel.
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October 22, 2025
NJ Panel Hints Affordable Housing Rules Fight Is Moot
A New Jersey appellate panel questioned on Wednesday whether 28 towns' challenge to interim affordable housing rules might become moot, as permanent regulations are expected within two months — but municipal attorneys argued the current rules have already forced planning decisions that could be upended.
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October 22, 2025
NC Biz Court Bulletin: COVID Coverage, A Suspect Signature
The North Carolina Business Court has rounded the corner into fall with insurance disputes over COVID-19 coverage at a chain of outlet malls and the theft of over $900,000 in legal THC reportedly stolen from a warehouse in the Southwest.
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October 22, 2025
Institutional Real Estate Allocations Drop, Rebound Expected
Institutional investors planned to put less capital toward real estate strategies in 2025 than what they had earmarked the year prior, marking the first time Hodes Weill & Associates and Cornell University have seen such a decline since they began surveying over a decade ago.
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October 22, 2025
Talonvest Closes $205M Loan Deals For Self-Storage Assets
Talonvest Capital Inc. has closed two portfolio refinancing loan deals worth $205.2 million for Etude Capital-owned self-storage portfolios that include 31 self-storage assets in total, the commercial real estate advisory firm announced.
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October 22, 2025
4 Firms Guide $27B Meta, Blue Owl Data Center Campus JV
Latham & Watkins, Eversheds Sutherland, Kirkland & Ellis and Milbank LLP guided Meta Platforms Inc.'s joint venture with Blue Owl Capital, which will fund the development of a $27 billion data center campus in Richland Parish, Louisiana.
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October 22, 2025
NY Bill Seeks Clean Energy Payment Exemption For Tax Caps
New York would exempt payments in lieu of taxes for renewable energy projects from local governments' property tax cap calculations under a bill introduced in the state Assembly.
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October 22, 2025
Winstead Real Estate Co-Chair Talks Healthcare Dealmaking
Healthcare real estate transactions have evolved in recent years, as hospital systems increasingly see selling their real estate as a way to raise funds, and as the delivery model for healthcare shifts to a retail model.
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October 22, 2025
Arcade On Las Vegas Strip, Facing Eviction, Files Ch. 11
Las Vegas-based Electric Playhouse, a high-tech gaming and dining center inside the mall at the world-renowned Caesars Palace resort, filed for Chapter 11 bankruptcy protection in Nevada, facing a pending eviction and millions in unpaid claims from contractors.
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October 21, 2025
NFL Star Travis Kelce Joins Six Flags Investment Group
Kansas City Chiefs tight end Travis Kelce has partnered with a group that includes Jana Partners on an investment to own 9% of Six Flags Entertainment Corp., according to a Tuesday announcement.
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October 21, 2025
NYC Mayor Unveils Jewel Streets Affordable Housing Plan
New York City's mayor announced on Tuesday plans to improve the Jewel Streets area in Brooklyn and Queens by building 1,400 affordable and mixed-income homes, undertaking a rezoning plan that aims to develop an additional 3,600 homes, and investing $146 million to improve local infrastructure.
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October 21, 2025
6th Circ. Probes If Prior Cases Block Landowner's $2M Award
A Sixth Circuit panel appeared torn Tuesday over Detroit's appeal of a $2 million condemnation judgment for a landowner whose commercial property was in the path of airport expansion plans, with one judge trying to tease out the effect of previous state court proceedings where the city prevailed.
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October 21, 2025
SilverRock Approved For $65M Sale Of Calif. Resort Project
Bankrupt real estate development firm SilverRock Development Co. LLC received approval Tuesday from a Delaware judge for the $65 million sale of its resort project assets to affiliates of Turnbridge Equities, with the court overruling objections tied to an existing ground lease on the property.
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October 21, 2025
BGO Raises $800M For Industrial, Data Center Projects
Investment manager BGO announced Tuesday that it closed its inaugural U.S. industrial strategies fund after raising $800 million, including $260 million raised via a data center co-investment fund.
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October 21, 2025
Agallas Sets $400M Goal For Dominican RE Projects Fund
Agallas Equities LLC launched a real estate investment fund that aims to raise $400 million for "high-impact projects" in the Dominican Republic, the real estate investment firm and developer announced Tuesday.
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October 21, 2025
Arkansas Banks Shoulder Heavy Construction Debt Burden
Several of the nation's most highly leveraged construction lenders are Arkansas banks, as state regulators have greenlighted construction debt levels of more than 10% of total assets at a trio of institutions, according to an investigation by Law360 Real Estate Authority.
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October 21, 2025
Greenberg Traurig Opens 51st Office In Aspen, Colo.
Greenberg Traurig LLP announced the opening of a new office in Aspen, Colorado, on Tuesday, putting a franchise and distribution shareholder in charge of the firm's 51st location worldwide.
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October 21, 2025
2 Calif. Tribes Seek Early Win Against OK'd Casino Project
Two California Native American tribes and an environmental nonprofit are seeking a summary judgment win in their suit accusing the federal government of improperly approving another California tribe's casino project that they say hasn't been properly assessed for environmental impact.
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October 21, 2025
J&J Appeals $25M Loss In Conn. Builder's Asbestos Case
Johnson & Johnson has appealed its losses in a Connecticut real estate developer's asbestos lawsuit, telling state trial and appellate courts that it plans to challenge denials of multiple bids to reverse a $15 million jury verdict plus an additional $10 million in punitive damages awarded by a judge.
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October 20, 2025
SpaceX Settles Cards Against Humanity's $15M Trespass Suit
SpaceX and Cards Against Humanity have settled the Chicago-based game company's $15 million suit accusing SpaceX of trespassing and dumping trash and machinery on a once-pristine Texas property that Cards Against Humanity purchased to block President Donald Trump's U.S.-Mexico border wall.
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October 20, 2025
Walker & Dunlop Lines Up $92M Chicago Hotel Refi
Walker & Dunlop Inc. has secured a $92 million "floating rate, interest only" refinancing loan for a 23-story Chicago hotel with 466 rooms, the company announced Monday.
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October 20, 2025
NYC Real Estate Week In Review
Fried Frank, Sheppard Mullin, Gibson Dunn and Morgan Lewis are among the law firms that guided the largest New York City real estate deals that hit public records last week, with two Manhattan trades north of $200 million leading the way.
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October 20, 2025
Miami Board Gives Key Approval For $2B Mixed-Use Project
Rosso Development, Midtown Development and Proper Hospitality, guided by Greenberg Traurig, have secured approval from Miami officials for a $2 billion mixed-use project in the city's Midtown Park neighborhood, setting the stage for construction to begin in 2026.
Expert Analysis
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LA Wildfires' Effect On Calif. Insurer Of Last Resort
Attorneys at Willkie discuss the background of California's insurer of last resort — known as the Fair Access to Insurance Requirements Plan — and examine the process of assessing member insurers and relevant recent property insurance market developments in light of the destruction from the ongoing Los Angeles wildfires.
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Public Corruption Enforcement In 2024 Has Clues For 2025
If 2024 activity is any indication, the U.S. Supreme Court will likely continue to rein in expansive prosecutorial theories of fraud in the year to come, but it’s harder to predict what the new administration will mean for public corruption prosecutions in 2025, says Cathy Fleming at Offit Kurman.
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Small Biz Caught In Corporate Transparency Act Crossfire
Despite compliance being put on hold due to a nationwide preliminary injunction, small businesses have been caught in the middle of the legal battle over the Corporate Transparency Act — and confusion over the law's requirements could result in major penalties, say attorneys at Snell & Wilmer.
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What's Ahead As Transparency Act Comes To A Crossroads
Synthesizing the contrasting federal district and appellate court rulings on the Corporate Transparency Act’s validity reveals several main areas of debate that will likely remain at issue as challenges to the law continue winding through the courts, say attorneys at Farella Braun.
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Timeline Considerations For Boston's New RE Review Process
Boston's newly reimagined large real estate project review process, featuring early community engagement, holds impacts for project timelines that land use counsel must account for when guiding developers through approvals, says David Linhart at Goulston & Storrs.
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The Story Of 2024's Biggest Bank Regs, And Their Fate In 2025
U.S. federal bank regulators were very active in 2024 with initiatives ranging from antitrust and capital to proposals regarding controlling shareholders and incentive-based compensation, but many regulations face an uncertain future under the new administration, say attorneys at Latham.
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2024 IPO Market Trends, And What To Expect Next Year
The initial public offering market returned to historically typical levels on a deal count basis in 2024 but continued to lag based on proceeds raised due to a larger number of smaller IPOs this year, and signs point to continued ongoing momentum in the next year, say attorneys at Paul Hastings.
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Adapting Force Majeure To A Predictably Unpredictable World
As the climate and political landscapes get more complicated, force majeure provisions will likely be triggered increasingly often, demanding an evolving understanding of when events and their impacts are truly unforeseeable, say attorneys at Nossaman.
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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.
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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.
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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.
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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.
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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.