Commercial
-
August 07, 2025
Trump Greenlights Private Equity, Crypto 401(k) Investing
President Donald Trump signed an executive order Thursday that aims to make it easier for retirement plans to invest in a wider range of assets, including cryptocurrency, private equity and real estate.
-
August 07, 2025
Fed. Circ. Skeptical Of Realty Co.'s IRS Contract Dispute
Federal Circuit judges seemed skeptical Thursday of a realty company's claim that the IRS improperly blocked its bid to continue leasing office space to the agency after IRS employees complained about the building, with one judge challenging whether evidence actually showed the agency acted in bad faith.
-
August 07, 2025
CoStar Asks Full 9th Circ. To Revisit Antitrust Ruling For Rival
Commercial real estate information company CoStar Group Inc. and a subsidiary are urging the Ninth Circuit to reconsider its ruling reviving antitrust counterclaims lodged by rival Commercial Real Estate Exchange Inc., which CoStar has accused in a suit of stealing property listing data and copyrighted photos.
-
August 07, 2025
Texas Bill Seeks Two-Thirds Vote To Exceed Max Tax Rate
Texas would require two-thirds approval from voters to allow local taxing entities to increase property taxes beyond a maximum rate permitted by law without a vote under a bill introduced in the state House of Representatives.
-
August 07, 2025
Former LVMH Atty Joins Realtors Association's Legal Team
The National Association of Realtors announced Aug. 7 it has appointed as its vice president of litigation and associate general counsel the former vice president of legal affairs and head of litigation at LVMH Moet Hennessy Louis Vuitton Inc.
-
August 07, 2025
NC Biz Court Bulletin: Divorce Dust-Ups And Judicial Rebukes
Litigation in the North Carolina Business Court is heating up this summer with new complaints centered on fears a former state politician's divorce proceedings will impede his companies' operations and accusations that a climate technology company has failed to pay out a former engineer's ownership interest.
-
August 07, 2025
Ohio Property Sale Too Old To Sway Valuation, Board Says
The sale of a commercial property was not close enough in time to its tax valuation date to be relied on as evidence of its value, an Ohio board said, upholding a local assessment.
-
August 06, 2025
Under Pressure, Higher Ed Leans On Real Estate
As institutions of higher education contend with declining enrollment and federal funding cuts, some are finding creative ways to monetize their real estate, which comes with important legal considerations, according to attorneys.
-
August 06, 2025
Calif. CRE Players Say Tariff Uncertainty Delaying Projects
Half of the real estate professionals polled in a survey on the California commercial real estate market said they are delaying or canceling development projects thanks to increased construction costs and global trade tensions tied to tariff uncertainty.
-
August 06, 2025
Big CRE Brokers Report Stubborn Optimism In Q2 Results
With most of commercial real estate's major brokers posting leasing gains and capital markets closings, executives said recently in announcing second-quarter earnings that they expect activity to continue as clients grow jaded to drama from recent trade disputes.
-
August 06, 2025
NYC Council Approves Manhattan Mixed-Use Rezoning Plan
A rezoning plan that aims to build more than 9,500 homes in midtown Manhattan was approved Wednesday by the New York City Council's Committee on Land Use and a related subcommittee.
-
August 06, 2025
Urban Edge Properties Closes $124M Mass. Retail Center Refi
Real estate developer Urban Edge Properties says it has closed on a $123.6 million loan to refinance a portion of open-air shopping center Shoppers World in Framingham, Massachusetts.
-
August 06, 2025
Rising Star: Quinn Emanuel's Nasser Alrubayyi
Nasser Alrubayyi of Quinn Emanuel Urquhart & Sullivan LLP won a dismissal for Raza Co. in its dispute with Azmeel Contracting over a $450 million construction contract, along with other big courtroom victories, earning him a spot among the construction law practitioners under age 40 honored by Law360 as Rising Stars.
-
August 06, 2025
Rising Star: DLA Piper's Katherine Jahnke Dale
Katherine Jahnke Dale of DLA Piper has been a key adviser on a transformation of Chicago's Fulton Market neighborhood, along with projects that include a $7 billion redevelopment near the United Center and a purchase agreement for a former steel plant now envisioned as a technology hub, earning her a spot among the real estate law practitioners under age 40 honored by Law360 as Rising Stars.
-
August 06, 2025
3 Key Foreign Entity Issues In Claiming Clean Energy Credits
Stricter foreign supply chain and business ownership rules were tacked onto clean energy tax credits that weren't eliminated under the new budget reconciliation law, raising major compliance hurdles that have practitioners eagerly awaiting implementation rules from the U.S. Treasury Department. Here, Law360 outlines key issues the agencies need to address in coming guidance on restrictions targeting projects linked to foreign entities of concern.
-
August 06, 2025
2 Firms Guide $110M Financing For CBL Properties' Mall Buy
Beal Bank USA provided $110 million in financing to CBL Properties to help fund the shopping center-focused real estate investment trust's acquisition of four regional malls, in a deal guided by Husch Blackwell LLP and Dorsey & Whitney LLP.
-
August 06, 2025
Akin, Latham Advise Apollo's Data Center Builder Stake
Apollo Global Management on Wednesday announced it will acquire a majority stake in Dallas-based builder Stream Data Centers in a deal advised by Akin Gump Strauss Hauer & Feld LLP and Latham & Watkins LLP that the asset manager said would enable possibly billions in digital infrastructure spending.
-
August 06, 2025
2 Firms Guide $1.3B CMBS Deal For NYC Office Tower
The Durst Organization has obtained a $1.3 billion commercial mortgage-backed security loan from a Wells Fargo-led group, in a deal steered by Rosenberg & Estis PC and Cadwalader Wickersham & Taft LLP, to finance a trophy Times Square office tower, Rosenberg & Estis announced on Wednesday.
-
August 06, 2025
Gibson Dunn Adds Ex-Kirkland Real Estate Atty To NY Office
Gibson Dunn & Crutcher LLP hired a former Kirkland & Ellis LLP real estate transactions partner for the firm's real estate and real estate investment trust practice groups in New York City.
-
August 05, 2025
$300M Fla. Project Floats DIP Loan To Hammer Out Ch. 11 Plan
The debtors of a $300 million real estate development in Florida on Tuesday floated a proposal to appoint a chief restructuring officer and a debtor-in-possession loan from an insurance heiress after creditors rejected both a sale and a liquidation plan.
-
August 05, 2025
Long Island Town Challenges Tribal Land Determination
A Long Island town is challenging a federal government decision to place 84 acres into a restricted fee status for the Shinnecock Indian Nation, saying its effect has recognized the property as Indian Country in such a way that has destroyed the municipality's regulatory jurisdiction.
-
August 05, 2025
New Developer To Build $1.5B Resi Towers In Jersey City
A new real estate developer stacked with former Brookfield Properties and Croesus Group executives unveiled the company's inaugural project on Tuesday — a $1.5 billion mixed-use project slated for construction in Jersey City, New Jersey.
-
August 05, 2025
In Landlord's Market, Vornado Eyes Selling Non-NYC Assets
Executives of office real estate investment trust Vornado Realty Trust told analysts on its second quarter earnings call Tuesday that it is seeing the market shift back toward landlords in New York City, where it is doubling down, as it weighs disposing of its San Francisco and Chicago assets.
-
August 05, 2025
Naftogaz Secures Vienna Court's OK To Seize Russian Assets
An Austrian court has granted Naftogaz permission to seize approximately €120 million ($139 million) of Russian assets as Ukraine's state-owned oil and gas company pursues an international campaign to enforce a $5 billion arbitral award it won against Russia.
-
August 05, 2025
Boston Firm Adds Former Panera, Dunkin' Brands Counsel
Boston-based Rubin and Rudman LLP hired the former legal counsel of Panera Bread Co. and Dunkin' Brands for an "of counsel" role on the firm's real estate team, the firm announced Tuesday.
Expert Analysis
-
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.
-
Plugging Gov't Leaks Is Challenging, But Not A Pipe Dream
As shown by ongoing legal battles involving New York City Mayor Eric Adams and Sean “Diddy” Combs, it’s challenging for defendants to obtain relief when they believe the government leaked sensitive information to the media, but defense counsel can take certain steps to mitigate the harm, says Kenneth Notter at MoloLamken.
-
A Legal Perspective On NYC's Retail Real Estate Evolution
As New York City's retail market begins to show signs of resilience after the challenges of recent years, landlords must be cognizant of legal implications from shifting trends toward shorter-term leases and pop-up stores, says Andrea Gendel at Pryor Cashman.
-
What Interest Rate Cuts Mean For Housing Markets
The Federal Reserve's recent reduction of interest rates may provide limited immediate relief for real estate sectors, but offers potential opportunities for commercial real estate investors and construction firms, which now face an environment ripe for new projects, say attorneys at Cozen O'Connor.
-
How CFIUS' Updated Framework Affects Global Investors
The recent change to the monitoring and enforcement regulations governing the Committee on Foreign Investment in the United States will broaden administrative practices around nonnotified transaction investigations, increase the scope of information demands from the committee and accelerate its ability to impose mitigation on parties, say attorneys at Simpson Thacher.
-
Foreclosing Lenders Still Floating In Murky Legal Waters In NY
The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.
-
NYC Hotel Licensing Law's Costs May Outweigh Its Benefits
A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.