Commercial

  • June 04, 2025

    What's Behind The Surge In Real Estate Secondaries Market

    More and more investors are selling off their stakes in real estate funds to hungry buyers on the secondary market, a trend that attorneys attribute to more than just a need for cash.

  • June 04, 2025

    Boston Life Sciences Market Facing Downturn In 2025

    The fundamentals of the metropolitan Boston life sciences market have "weakened" in the first three months of 2025, partially because available space is at "an all-time high," according to a report from Colliers.

  • June 04, 2025

    Pa. Brewery Co-Owner Claims Fraud Against Jailed Partner

    A Pittsburgh-area business owner currently jailed for insurance and bankruptcy fraud is also accused of defrauding his former partner in a brewery and restaurant, including hiding the fact that the building the partner was renovating and living in was actually condemned, according to a lawsuit filed in state court.

  • June 04, 2025

    Amtrak Bribery Plot Nets Contractor Nearly 5-Year Sentence

    A former executive for a masonry contractor who admitted to participating in a scheme that involved bribing an Amtrak manager to overbill the federal government $2 million in a $50 million restoration of Philadelphia's 30th Street Station was sentenced to 57 months in prison by a Pennsylvania federal court.

  • June 04, 2025

    Amazon Plots $10B North Carolina Data Center Expansion

    Amazon on Wednesday said it plans to invest $10 billion in data center infrastructure for artificial intelligence and cloud computing on a campus in rural North Carolina.

  • June 04, 2025

    CORRECTED: Nixon Peabody Guides $365M Bond Deal For UN Properties

    United Nations Development Corp. issued a bond worth $365 million for two of the public benefit corporation's Manhattan properties in a deal guided by Nixon Peabody LLP, according to official property records filed Wednesday.

  • June 04, 2025

    SEC Says Accountant Errors Don't Doom Crowdfunding Case

    The U.S. Securities and Exchange Commission told a Michigan federal judge Wednesday that mistakes in one of its accountant's declarations do not warrant the dismissal of its first crowdfunding enforcement action, arguing the SEC's lawyers acted in good faith when they alerted the court to the errors.

  • June 04, 2025

    Retail Real Estate Group Promotes Atty To Public Policy Chief

    The ICSC has promoted an in-house attorney with Capitol Hill leadership experience to head its public policy, the global trade association of the retail real estate industry announced Wednesday.

  • June 04, 2025

    Davis Polk Guides Utility Developer Acquisition

    Partners Group on Wednesday announced that it has acquired a utility developer from venture capital firm EnCap Investments, in a deal advised by Davis Polk & Wardwell LLP.

  • June 04, 2025

    Ohio Justice Questions School Board's Tax Appeal Claim

    An Ohio justice criticized a school board's claim that state law allows it to appeal administrative property valuation rulings to county courts when the board doesn't own the property at issue.

  • June 04, 2025

    Ex-Kirkland Project Finance Atty Joins McGuireWoods In NY

    McGuireWoods LLP has added Sharaf Islam as a partner from Kirkland & Ellis LLP to help expand the firm's project finance group with an attorney versed in digital infrastructure and renewable-energy deals.

  • June 04, 2025

    ArentFox Hospitality Atty Says Trade War May Spark Litigation

    With the cost of some materials rising as a result of President Donald Trump's trade war, more lawsuits over which party is responsible for extra costs at hotel projects could be on the way, one of ArentFox's hospitality leaders told Law360 Real Estate Authority.

  • June 04, 2025

    Nashville Mixed-Use Megaproject Wins $25M Early Loan

    Miami-based lender BridgeInvest said it has provided a $25 million loan to refinance and pay for early development costs of a site in Nashville, Tennessee, set to include an apartment tower, luxury condos and an upscale hotel.

  • June 04, 2025

    Brookfield Plugs $10B Into Swedish AI Hub

    Private equity giant Brookfield Asset Management announced Wednesday it will invest up to 95 billion Swedish krona (around $10 billion) into the construction of a new data center in Sweden that will support artificial intelligence development.

  • June 04, 2025

    Petersen Health Nearing Deal To Avert Ch. 7 Liquidation

    Counsel for skilled nursing facility operator Petersen Health Care told a Delaware bankruptcy judge Wednesday it expects to reach a deal allowing the debtor to seek confirmation of a Chapter 11 liquidation plan next week and avoid a Chapter 7 liquidation of its remaining assets.

  • June 04, 2025

    Warehouse REIT Backs Blackstone's Lower £470M Bid

    Warehouse REIT said Wednesday that it has backed a revised £470 million ($638 million) cash offer from U.S. private equity giant Blackstone despite a row over the valuation of the London-listed investor's property portfolio.

  • June 03, 2025

    Prosecutors Take Second Stab At Convicting Dallas Developer

    Federal prosecutors started a second run at convicting a Dallas real estate developer of bribing two city council members, telling a jury during opening arguments Tuesday that the developer had a "silent partnership" with elected officials in exchange for favors.

  • June 03, 2025

    Conn. Real Estate Execs Say Investors Weaponized Courts

    Three executives for a real estate development firm have accused their former business partners in Connecticut Superior Court of weaponizing the courts to lodge "a multi-year, multi-forum legal assault" with "fabricated" claims.

  • June 03, 2025

    Electrical Parts Co. Owes $1M For Fire Loss, Insurer Says

    A manufacturer of electrical cables is responsible for over $1 million in damages for a fire at a Philadelphia-based discount department store, an insurer told a Pennsylvania federal court, saying the blaze was caused by the manufacturer's defective armored cabling.

  • June 03, 2025

    Latham-Led Insurer Of Small Businesses Targets $100M IPO

    Small-business-focused excess and surplus insurer Ategrity Specialty Holdings LLC on Tuesday unveiled a price range on an estimated $100 million initial public offering, represented by Latham & Watkins LLP and underwriters Skadden Arps Slate Meagher & Flom LLP.

  • June 03, 2025

    Stibbe, A&O Shearman Guide $13.8B Healthcare REIT Merger

    Belgian real estate investment trusts Aedifica NV and Cofinimmo NV said Tuesday they have agreed to merge, forming what they said will be Europe's largest healthcare real estate investment trust, with a combined gross asset value of approximately €12.1 billion ($13.8 billion).

  • June 03, 2025

    Texas Gives Some Property Owners More Time To Pay Taxes

    Some Texas property owners whose taxing authorities allow bills to be paid in two installments will get more time to make their initial payment under legislation signed by Gov. Greg Abbott.

  • June 03, 2025

    US Withdraws From El Paso Tribal Land Ownership Dispute

    The U.S. says it no longer wants to intervene in a dispute between the Ysleta del Sur Pueblo and the city of El Paso, Texas, over 155 acres of land, a shift in position from the prior administration that argued it never authorized non-Native Americans to usurp the tribe's property.

  • June 03, 2025

    Supreme Court Won't Hear Mich. Gym's COVID Closure Suit

    The U.S. Supreme Court on Monday said it would not hear a petition from a Michigan gym seeking compensation from the state for the economic losses it suffered after being forced to scale back services or close during the height of the COVID-19 pandemic.

  • June 03, 2025

    Simpson Thacher Adds Ex-Weil M&A Pro In NYC

    Simpson Thacher & Bartlett LLP announced Monday the hiring of a former counsel at Weil Gotshal & Manges LLP as a partner in its mergers and acquisitions practice in New York.

Expert Analysis

  • A Legal Playbook For Stadium Construction Agreements

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    As a new wave of construction in the professional sports arena space gets underway, owners must carefully consider the unique considerations and risks associated with these large-scale projects and draft agreements accordingly, say attorneys at Akerman.

  • The Challenges SEC's Climate Disclosure Rule May Face

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    Attorneys at Debevoise examine potential legal challenges to the U.S. Securities and Exchange Commission's new climate-related disclosure rule — against which nine suits have already been filed — including arguments under the Administrative Procedure Act, the major questions doctrine, the First Amendment and the nondelegation doctrine.

  • How FinCEN Proposal Expands RE Transaction Obligations

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    Against a regulatory backdrop foreshadowing anti-money laundering efforts in the real estate sector, the Financial Crimes Enforcement Network's proposed rule significantly expands reporting requirements for certain nonfinanced residential real estate transfers and necessitates careful review, say attorneys at Fried Frank.

  • Unpacking FinCEN's Proposed Real Estate Transaction Rule

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    Phil Jelsma and Ulrick Matsunaga at Crosbie Gliner take a close look at the Financial Crimes Enforcement Network's recently proposed rulemaking — which mandates new disclosures for professionals involved in all-cash real estate deals — and discuss best next steps for the broad range of businesses that could be affected.

  • New FinCEN Guide Provides Useful BOI Context For Banks

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    Financial institutions should review a new Financial Crimes Enforcement Network compliance guide for helpful details about how the agency's beneficial ownership information database should be used, though questions remain about the access rule and whether it will truly streamline bank borrowers' Corporate Transparency Act due diligence, says George Singer at Holland & Hart.

  • DC's Housing Tax Break Proposal: What's In It, What's Missing

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    Proposed Washington, D.C., rules implementing the Housing in Downtown Tax Abatement program — for commercial property owners who convert properties into residential housing — thoroughly explain the process for submitting an application, but do not provide sufficient detail regarding the actual dollar value of the abatements, says Daniel Miktus at Akerman.

  • Contract Disputes Recap: The Terms Matter

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    Stephanie Magnell and Zachary Jacobson at Seyfarth examine recent decisions from the U.S. Civilian Board of Contract Appeals, the Armed Services Board of Contract Appeals and the U.S. Court of Federal Claims, which offer reminders about the importance of including contract terms to address the unexpected circumstances that may interfere with performance.

  • Reducing Carbon Footprint Requires A Tricky Path For CRE

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    As real estate owners find themselves caught between rapidly evolving environmental, social and governance initiatives and complicated societal debate, they will need to carefully establish formal plans to remain both competitive and compliant, say Michael Kuhn and Mahira Khan at Jackson Walker.

  • New CMS Rule Will Change Nursing Facility Disclosures

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    A new rule from the Centers for Medicare & Medicaid Services significantly expands disclosure requirements for nursing facilities backed by private equity companies or real estate investment trusts, likely foreshadowing increased oversight that could include more targeted audits, say Janice Davis and Christopher Ronne at Morgan Lewis.

  • What Shareholder Approval Rule Changes Mean For Cos.

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    The U.S. Securities and Exchange Commission recently approved proposed rule changes to shareholder requirements by the New York Stock Exchange, an approval that will benefit listed companies in many ways, including by making it easier to raise capital from passive investors, say attorneys at Baker Botts.

  • White Collar Plea Deals Are Rarely 'Knowing' And 'Voluntary'

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    Because prosecutors are not required to disclose exculpatory evidence during plea negotiations, white collar defendants often enter into plea deals that don’t meet the U.S. Supreme Court’s “knowing” and “voluntary” standard for trials — but individual courts and solutions judges could rectify the issue, says Sara Kropf at Kropf Moseley.

  • ESG Around The World: Canada

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    In Canada, multiple statutes, regulations, common law and industry guidance address environmental, social and governance considerations, with debate over ESG in the business realm potentially growing on the horizon, say attorneys at Blakes.

  • How Lease Obligations Can Affect Subchapter V Debt Cap

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    Two recent bankruptcy rulings in the Eastern District of Virginia and the Southern District of New York take opposite positions on whether unmatured lease obligations are considered noncontingent debt for the purposes of calculating debtors' Subchapter V eligibility, say Joseph Orbach and Henry Thomas at Thompson Coburn.