Commercial

  • May 08, 2025

    Ex-Brookfield Leader Says He Was Fired For Whistleblowing

    A former managing partner at Brookfield Asset Management lobbed wrongful termination and defamation claims at his former employer Thursday, claiming that he was fired for refusing to accept a bribe and for filing a whistleblower complaint with the U.S. Securities and Exchange Commission.

  • May 08, 2025

    CEO Stole Funds To Fuel 'Gambling Habit', Investor Says

    An investor in a cybersecurity company has claimed in a new suit that the company's CEO defrauded the investor out of more than $2.8 million through falsified budgets and other means, all to support a "lavish" lifestyle and "severe gambling habit."

  • May 08, 2025

    Pa. Diner Can't Get Tax Sale Axed Over Price Hike, Panel Says

    A diner in a resort in Pennsylvania's Pocono Mountains can't duck a tax sale over the final sale price of the diner property being higher than originally advertised, a state appellate panel said in a precedential ruling Thursday.

  • May 08, 2025

    Bain, Oliver Street Pick Up $208M Industrial Portfolio

    A joint venture between Bain Capital Real Estate and Oliver Street Capital completed a $208 million "private, off-market" deal to acquire a portfolio of Northern New Jersey industrial properties, according to a May 8 announcement.

  • May 08, 2025

    Miami Atty Joins Arbitration Place After US Expansion

    A Miami attorney has joined the roster of decision-makers at Arbitration Place tasked with helping settle international legal disputes out of court following the company's recent expansion to the U.S.

  • May 08, 2025

    Coverage Uncertain For LA Fire Soil Remediation, Pros Say 

    Dangerous toxins are being detected in the soil around homes affected by the Los Angeles fires, but experts say that insurance coverage for soil remediation would likely be limited, even if certain policies or provisions could offer some compensation.

  • May 08, 2025

    NC Ophthalmologist Owes Ex-Partner Office Building Cash

    The North Carolina Business Court has ruled that an ophthalmologist who agreed to buy out his former business partner's share of their practice must pay the former partner 36% of the value of their office building under the terms of their confidential settlement agreement.

  • May 08, 2025

    11th Circ. Judge Frowns On New Arguments In Easement Case

    An Eleventh Circuit judge disapproved of a Georgia partnership raising new arguments on appeal as it pursues a tax deduction for a conservation easement donation, saying Thursday that perhaps "we wouldn't be here" if the partnership had argued the points before the lower court.

  • May 08, 2025

    11th Circ. Says Developer's I-20 Truck Stop Suit Out Of Gas

    The Eleventh Circuit has backed a district court's dismissal of a property owner's suit challenging a metro Atlanta county ordinance that for years blocked him from developing his land into a QuikTrip gas station, ruling the county had a "rational basis" for its effective ban on new truck stops.

  • May 08, 2025

    Industrial Vacancies Expected To Peak In 2025, Colliers Says

    Vacancies for U.S. industrial properties are anticipated to hit their peak by the end of the year due to "a significantly reduced construction pipeline," according to a new report from Colliers.

  • May 08, 2025

    Katten Adds CMBS Pro From Cadwalader

    Katten Muchin Rosenman LLP announced that a new partner has joined the firm's structured finance and securitization practice from Cadwalader Wickersham & Taft LLP, noting that she will expand the firm's commercial mortgage-backed securities capabilities.

  • May 08, 2025

    2nd Circ. Revives Arbitration In Hurricane Damage Suit

    The Second Circuit on Thursday revived a bid by surplus insurers seeking to arbitrate claims over hurricane-related property damage in Louisiana, in a ruling that overturns its own precedent on the interpretation of a treaty governing international arbitration.

  • May 08, 2025

    Morgan Lewis Guides $320M Neighborhood Retail Fund

    Investment manager Nuveen Real Estate said May 8 it has raised $320 million in a fund advised by Morgan Lewis & Bockius LLP aimed at grocery-anchored, necessity-based neighborhood retail properties.

  • May 08, 2025

    Tenn. Hotel Operators To Stop Collecting Tax After 30 Days

    Tennessee will require hotel operators to stop collecting occupancy taxes from people who stay for more than 30 days under a bill signed by the governor.

  • May 07, 2025

    Sidley-Led Insurer Aspen Leads 2 IPOs Raising $508M Total

    Private equity-backed specialty insurer Aspen Insurance Holdings Ltd., represented by Sidley Austin LLP, on Wednesday raised $397.5 million after pricing an upsized initial public offering, leading one of two insurance listings that netted $507.5 million combined as more companies tiptoe back into the IPO market. 

  • May 07, 2025

    Fla. Lawmakers Tackle Real Estate Issues, But Is It Enough?

    Real estate matters were once again top of mind during the Florida Legislature's 2025 session, but in a year marked by political tensions, it remains to be seen how successfully lawmakers resolved some major questions.

  • May 07, 2025

    'Preposterous' SEC Rule For Real Estate Could Be Dropped

    A proposed rule to make the U.S. Securities and Exchange Commission's custodial requirements for investment advisers apply to all assets, including real estate, could die under current Republican leadership. Some attorneys say the proposal lacked sense to begin with.

  • May 07, 2025

    Global Hotel Investment Rebounds, But Dips In The Americas

    Global hotel investment in the Americas dropped a significant 17.1% in 2024, in marked contrast with cross-border investment in Europe, the Middle East and Africa, which jumped 112% last year, per a CBRE report.

  • May 07, 2025

    Venable Adds Construction Pro As Partner In Chicago

    Venable LLP hired veteran construction attorney Charles "Cully" H. Wahtola III as a partner for the firm's construction law group in its Chicago office, the firm announced.

  • May 07, 2025

    NYC Developer Conned Investors Out Of $10M, Feds Say

    A real estate developer involved in several projects in New York City was charged by federal prosecutors with misappropriating about $10 million in investor funds and using the money to finance a lavish lifestyle and cover gambling losses.

  • May 07, 2025

    Big Brokers Say Tariff Effects Mostly Missed CRE In Q1

    Commercial real estate executives largely shrugged off the effects of trade disputes this spring in reporting first-quarter results, even as they acknowledged more murkiness ahead for the rest of 2025.

  • May 07, 2025

    MoFo Real Estate Leader Eyes Surge In New Debt Funds

    As some banks have pulled back or hit the pause button on commercial real estate lending, nonbank debt funds have been jumping in with full force to fill that lacuna, one of MoFo's real estate leaders told Law360 in a recent interview.

  • May 07, 2025

    Miami Beach Hotel Industry Not Immune To Market Angst

    With strong market fundamentals and significant hospitality projects progressing through its development pipeline, Miami Beach looks poised to build on its long-held standing as a top U.S. travel destination. But uncertainties raised by trade wars and immigration policy threaten to disrupt that sunny outlook, hospitality lawyers say.

  • May 07, 2025

    Contractor Skanska Promotes Two Civil Division GCs

    Construction and development firm Skanska has said it promoted two employees to vice president and assistant general counsel, with both advising separate civil engineering divisions.

  • May 07, 2025

    DLA Piper Adds Morgan Lewis Commercial Real Estate Pro

    DLA Piper hired a partner for the firm's real estate practice group, a commercial real estate attorney who joins the firm from Morgan Lewis & Bockius LLP.

Expert Analysis

  • What Contractors Can Do To Address Material Cost Increases

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    In light of the Trump administration's plans to increase tariffs on Mexico, Canada and China, construction industry players should proactively employ legal strategies to mitigate the impacts that price increases and uncertainty may have on projects, says Brenda Radmacher at Seyfarth Shaw.

  • Reg Waiver Eases Calif. Rebuilding, But Proceed With Care

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    California Gov. Gavin Newsom's executive order suspending some environmental review and permitting requirements for the reconstruction of homes and businesses damaged by recent wildfires may streamline rebuilding efforts, but will require careful navigation of the evolving regulatory landscape, says Gregory Berlin at Alston & Bird.

  • Insurance Considerations For LA Wildfire Recovery

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    Businesses and homeowners affected by the destructive Southern California wildfires must act swiftly and strategically to navigate the complexities of the insurance recovery process, including by identifying all applicable policies, documenting damage thoroughly and keeping abreast of relevant state law, say attorneys at Morgan Lewis.

  • LA Wildfires' Effect On Calif. Insurer Of Last Resort

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    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.

  • Public Corruption Enforcement In 2024 Has Clues For 2025

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    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.

  • Small Biz Caught In Corporate Transparency Act Crossfire

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    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.

  • What's Ahead As Transparency Act Comes To A Crossroads

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    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.

  • Timeline Considerations For Boston's New RE Review Process

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    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.

  • The Story Of 2024's Biggest Bank Regs, And Their Fate In 2025

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    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.

  • 2024 IPO Market Trends, And What To Expect Next Year

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    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.

  • Adapting Force Majeure To A Predictably Unpredictable World

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    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.

  • Impact Of Corporate Transparency Act Ambiguity On Banks

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    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.

  • Green Projects Face States' Foreign Land Ownership Limits

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    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.