Commercial

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • August 11, 2025

    Greystone Issues $64.9M Loan For Penn. Healthcare Portfolio

    Greystone has provided a nonrecourse, 24-month bridge loan of more than $64.9 million for a 506-bed, three-property Pennsylvania healthcare portfolio, the commercial real estate finance company announced Monday.

  • August 11, 2025

    Waterfront Building Offers High Demand, But Complex Review

    People have been drawn to beaches, rivers, harbors and other waterfront sites for basically all of human history, and while still among the most desired properties for real estate development, they present multiple layers of interests and issues — and in turn laws and regulations that must be navigated to build on them.

  • August 11, 2025

    4 Movies To Watch About Water And Real Estate

    From Hollywood blockbusters to low-budget shorts, the big screen over the decades has played host to various stories about legal conflicts that lie at the intersection of water and real estate.

  • August 11, 2025

    4 Teams Leaving A Mark On Revived Baltimore Waterfront

    Among the $3 billion worth of early deliveries for four major Baltimore waterfront redevelopment projects are a global investment firm's 550,000-square-foot headquarters, more than 700 residential units, and over 45 acres of new or revamped park space.

  • August 11, 2025

    3 Big Waterfront Projects And The Legal Teams Behind Them

    Massive mixed-use developments are underway alongside riverbanks and beaches across the country, including an ambitious overhaul of industrial land and designs for a multibillion-dollar stadium.

  • August 11, 2025

    7 Beach Disputes Vexing Courts From Coast To Coast

    From a SpaceX explosion in Texas to claims of whale sightings near a New Jersey offshore wind farm, a day at the beach can sometimes lead to a day in court. Law360 Real Estate Authority compiled the most prominent recent legal disputes over beaches around the country.

  • August 11, 2025

    Insurer Says $50M Zoning Suit Loss Is Outside Policy Period

    An insurer asked a Michigan federal judge to declare it has no obligation to cover a $50 million judgment against a township, arguing the damages that stem from the township's unconstitutional zoning restrictions that a group of wineries had challenged fall outside the policy.

  • August 11, 2025

    NYC Real Estate Week In Review

    Gibson Dunn and Jeffrey Zwick are among the law firms that guided the largest New York City real estate deals that hit public records last week, with a pair of Brooklyn trades topping the list.

  • August 11, 2025

    Ballard Spahr Inks $166M Refi For NY Transit-Oriented Project

    The Olayan Group and Tritec Real Estate Co. secured a Ballard Spahr LLP and ArentFox Schiff LLP-guided $166.2 million refinancing for one mixed-use component of a sprawling Long Island, New York, community known as Station Yards from Greystone, the lender announced.

  • August 11, 2025

    Career Troutman RE Finance Atty Joins McGuireWoods In DC

    McGuireWoods LLP has hired a real estate finance specialist and longtime attorney with Troutman Pepper Locke LLP to join its office in Washington, D.C., the firm announced on Monday.

  • August 11, 2025

    Investors Sue CTO Realty Over Alleged Dividend Deception

    A proposed class of shareholders in retail-focused real estate investment trust CTO Realty Growth Inc. filed a lawsuit in Florida federal court claiming the REIT misled them about its financial metrics, the sustainability of dividends and the profitability of an Atlanta mixed-use community.

  • August 11, 2025

    NY Curbs Property Tax Shifts In Nassau, Suffolk Counties

    New York established tighter limits on the amount of property taxes that can be shifted between property classes in certain jurisdictions in Nassau and Suffolk counties under a bill signed by Gov. Kathy Hochul.

  • August 08, 2025

    Judge Says Insurer Must Face $100M Biz Interruption Claim

    A chemicals manufacturer accusing a reinsurer of failing to fully cover its roughly $100 million business interruption claim over a chemical plant explosion can still pursue its coverage claims, a Texas federal court ruled, finding the Texas Supreme Court would likely adopt the same holding.

  • August 08, 2025

    Texas Bill Seeks To Allow Injunctions Against Tax Collectors

    Texas property owners could seek injunctions to prevent local taxing authorities from collecting property taxes if a taxing entity adopts a voter-approved tax increase and takes action that strays from the tax hike's stated purpose, under a bill introduced in the state House of Representatives.

  • August 08, 2025

    South Korea Probes 49 Foreign Luxury Apartment Buyers

    South Korea's National Tax Service said it has launched a tax evasion probe into 49 owners of high-priced apartments who are from foreign countries such as the U.S. and China.

  • August 08, 2025

    Rite Aid Picks Azend As Buyer Of Pharmacy Assets

    Pharmacy chain Rite Aid has told a New Jersey bankruptcy judge it's selected Med One Pharmacy Inc. as the buyer of drugs in its inventory, customer information, leases and other assets, months after the company transferred millions of prescriptions and dozens of stores to CVS and other businesses in Chapter 11.

  • August 08, 2025

    2 Firms Guide $1B Refi For Biotech Co.'s Boston HQ

    The RMR Group obtained a five-year $1 billion mortgage loan to refinance biotech company Vertex Pharmaceuticals Inc.'s Boston headquarters in a deal guided by Dechert LLP and Skadden Arps Slate Meagher & Flom LLP, the alternative asset management company announced Thursday.

  • August 08, 2025

    Latham Steers Silver Lake On $400M Data Center Project Fund

    Private equity firm Silver Lake said Friday that it has launched a $400 million fund to build a portfolio of powered land sites with demand for data centers increasing, in a deal advised by Latham & Watkins LLP.

Expert Analysis

  • Webuild Ruling Complicates Arb. Award Enforcement In US

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    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

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    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

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    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

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    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.

  • Consider Best Legal Practices For Commissioning Public Art

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    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.

  • Applying High Court's Domestic Corruption Rulings To FCPA

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    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.

  • Climate Among Many Factors Driving Up RE Insurance Costs

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    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.

  • Bid Protest Spotlight: Debriefings, Timeliness, Documentation

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    ​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.

  • A Look At Recent Case Law On Expedited Judgment In NY

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    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.

  • Dealmaker Lessons From CFIUS' New Enforcement Webpage

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    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.

  • Reassessing Lease Provisions To Account For ESG Initiatives

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    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.

  • Avoid Getting Burned By Agencies' Solar Financing Spotlight

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    Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.

  • Co-Tenancy Clause Pointers For Shopping Center Landlords

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    Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at Cox Castle.