Commercial
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October 29, 2025
Examining Why Florida Has Not Joined Data Center Boom
While Florida has been running ahead of the curve in real estate development across many sectors, from residential to office to industrial, the Sunshine State has not yet caught the train of hyperscale data center construction charging across the country.
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October 29, 2025
The Rise Of The SCIFs
While the office market has struggled to regain its footing in recent years, those that are purpose-built to house secure government information have continued to enjoy high demand. Federal SCIF standards are undergoing their first major update in 15 years, which could prove challenging for the secure facilities and those who advise on them.
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October 29, 2025
Dallas Mavericks Sue To Eject Dallas Stars From Arena
The NBA's Dallas Mavericks launched a suit in the Texas Business Court aimed at wresting control of the American Airlines Center away from the NHL's Dallas Stars, saying the Stars forfeited their right to co-lease the stadium when they moved their headquarters.
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October 29, 2025
Ga. Panel Partially Revives Solar Farm Property Dispute
The Georgia Court of Appeals found a trial court should have let a jury decide whether two solar companies were obligated to pay $150,000 per year in fixed fees to the owners of 295 acres of property in Mitchell County that they planned to develop for solar energy production.
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October 29, 2025
Ga. Dorm Operator Gets Ch. 11 Disclosures OK'd
The bankrupt operator of dormitories at nine Georgia universities received approval Wednesday from a Delaware judge for its Chapter 11 disclosure statement and vote solicitation procedures, after the company reached an agreement with the colleges' regulators over the assumption of student living contracts.
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October 29, 2025
Cushman & Wakefield Ex-Broker Alleges Pregnancy Bias
A former Cushman & Wakefield real estate broker claimed in a federal lawsuit Tuesday that she was cheated out of nearly $250,000 in pay after the company slashed her commissions and took away her top account while she was out on maternity leave.
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October 29, 2025
Warburg, Madison International Unveil $300M RE Initiative
Private equity firm Warburg Pincus announced Wednesday that it has teamed up with real estate investment firm Madison International Realty to create a $300 million initiative that aims to use "liquidity solutions" to invest in discounted residential, industrial, cold storage and data center properties, among others.
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October 29, 2025
AirTrunk, Humain Plan $3B Data Center In Saudi Arabia
AirTrunk, a data center platform owned by Blackstone, and artificial intelligence company Humain have partnered up to build a $3 billion data center in Saudi Arabia, according to an announcement.
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October 29, 2025
The Retail Property Sector Is Shedding Its Old Skin
The recent spate of big-box stores going bankrupt is a sign the sector is changing for the better and not cause for alarm for retail property investors and owners, attorneys and market experts told Law360 Real Estate Authority.
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October 29, 2025
Sidley Austin Guides $900M Manhattan Office Refi Deal
The owner of a 2.11 million-square-foot Manhattan office and retail building has borrowed a $900 million refinancing loan from Goldman Sachs, Deutsche Bank's German American Capital Corp. and Sidley Austin LLP-led JPMorgan Chase, recent property records showed.
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October 28, 2025
Romania Pushes €2B Claim Over Stymied Bucharest Project
A property developer is facing a €2 billion ($2.3 billion) claim asserted by Romania in a London Court of International Arbitration proceeding relating to an ill-fated shopping and entertainment center project in central Bucharest.
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October 28, 2025
3 Firms Guide Apex Treasury's $300M Blockchain, Crypto IPO
Special purpose acquisition company Apex Treasury Corp., guided by Perkins Coie LLP and Appleby (Cayman) Ltd., has completed a $300 million blockchain and cryptocurrency-focused initial public offering, which was supported by Pillsbury Winthrop Shaw Pittman LLP-led underwriters.
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October 28, 2025
NJ Appellate Court Won't Revive Legal Malpractice Dispute
A New Jersey appellate court upheld a trial court's dismissal of a legal malpractice suit stemming from a 1995 commercial property deal, finding Tuesday that the property owners failed to turn over complete discovery responses for nearly two years.
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October 28, 2025
Greenberg Traurig Guides JV's Outpatient Portfolio Buy
A Remedy Medical Properties and Kayne Anderson Real Estate joint venture, guided by Greenberg Traurig LLP, has become the top outpatient medical properties owner in the U.S. after it acquired an 18 million-square-foot, 296-property portfolio of outpatient medical facilities from real estate investment trust Welltower.
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October 28, 2025
NYC Real Estate Week In Review
Hogan Lovells, Paul Hastings LLP and Kriss & Feuerstein LLP and are among the law firms that guided the largest New York City real estate deals made public last week, which included the sale of the former Trump SoHo in Manhattan and the bankruptcy sale of an unfinished luxury rental project in Prospect Lefferts Gardens in Brooklyn.
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October 28, 2025
Ares, Slate To Buy €300M Polish Retail Portfolio
A joint venture between Ares Management Corp.'s real estate funds and Slate Asset Management will acquire a 36-property Polish retail portfolio that's worth more than €300 million ($349 million) from developer and asset manager Trei Real Estate, according to a Tuesday announcement.
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October 28, 2025
Raleigh Urges NC Justices To Stop 'Windfall' For Developers
Without reversal of a trial court's class certification order, a lawsuit seeking refunds for fees levied to hook up to Raleigh's water and sewer system will result in duplicative "windfall" payments and spinoff litigation, the North Carolina Supreme Court was told Tuesday.
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October 28, 2025
Rittenhouse Law Guides $150M Industrial Storage Loan
Advised by Rittenhouse Law, Alterra IOS closed on a $150 million loan facility provided by funds managed by Blue Owl Capital Inc. and collateralized by 21 of the company's industrial outdoor storage properties, the borrower announced Tuesday.
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October 28, 2025
US Partners With Westinghouse For $80B Nuke Plant Buildout
The Trump administration on Tuesday announced it will partner with nuclear technology manufacturer Westinghouse Electric Co. to build at least $80 billion worth of new reactors in the U.S. to support and accelerate the development of data centers and artificial intelligence.
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October 28, 2025
Meet The Attys Helping Cos. Tied To Hudson Hotel In Ch. 11
Two companies affiliated with the former Hudson Hotel near Manhattan's Columbus Circle have hired attorneys from DLA Piper LLP to guide them through a Chapter 11 bankruptcy after they filed with between $100 million and $500 million each in both assets and liabilities.
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October 28, 2025
NYC Allowed To Set Lower Growth Caps For Property Taxes
New York City can adopt lower annual growth caps for the portion of the overall property tax levy paid by each property tax class for the city's 2026 fiscal year under a bill signed by Gov. Kathy Hochul.
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October 28, 2025
Burr & Forman, Simpson Thacher Guide $500M Storage JV
Centerbridge Partners LP and Reframe Holdings LLC announced that they have formed a joint venture, with plans to acquire and own more than $500 million in self-storage facilities in the U.S., in a deal arranged by Simpson Thacher & Bartlett LLP and Burr & Forman LLP.
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October 27, 2025
Cannabis Co. Breached $6M Lease, Mich. Panel Affirms
A cannabis retail chain is on the hook for a $52,500-a-month lease for a facility that was never used, a Michigan appeals court ruled Friday, saying that the contract for the space was still valid even if the company's plans to pair with a larger multistate cultivator fell through.
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October 27, 2025
Title Insurer Avoids Coverage For Road Ownership Dispute
A property owner's title insurer owes no coverage for an underlying quiet title action over ownership of a private road between two separate properties, a New York federal court ruled, finding coverage exceptions in two policies relating to the rights of parties "in possession" were applicable.
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October 27, 2025
Welltower Inks $14B Worth Of Senior Housing Purchases
Welltower Inc. is set to complete $14 billion worth of deals to acquire 700 senior housing communities with more than 46,000 total units, all in the U.S., U.K. and Canada, the real estate investment trust announced Monday.
Expert Analysis
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Ch. 11 Free-And-Clear Sale Ruling Takes Pragmatic Approach
A recent ruling from a New York bankruptcy court in which the debtors were allowed to sell interests free and clear regardless of a lienholder's objection signals a practical approach and a recalibration of the balance between debtor flexibility and creditor protections, say attorneys at Eversheds Sutherland.
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What's At Stake As 9th Circ. Eyes Cultural Resource Damages
In Pakootas v. Teck Cominco, the Ninth Circuit is faced with the long-unresolved question of whether cultural resource damages are recoverable as part of natural resource damages under the Superfund law — and the answer will have enormous implications for companies, natural resource trustees and Native American tribes, says Sarah Bell at Farella Braun.
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5 Insurance Types For Mitigating Tariff-Related Trade Losses
The potential for significant trade-related losses as a result of increased tariffs may cause companies to consider which of their insurance policies, including marine, builders risk, trade credit, and directors and officers, could provide coverage to alleviate the financial impact, say attorneys at Pillsbury.
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Avoiding Pitfalls Around New Calif. Commercial Lease Law
A California law that became effective this year requires commercial landlords to extend certain protections previously afforded to residential tenancies, and a few key provisions of the law especially warrant reexamination of leasing and operational processes, say attorneys at Holland & Knight.
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Measuring And Mitigating Harm From Discriminatory Taxes
In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.
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Addressing Tariff Price Escalation In Construction Contracts
As construction projects across the U.S. face uncertainty surrounding material price increases driven by government-imposed tariffs, owners and developers should draft strong contracts to protect themselves from tariff-related cost overruns and delays, say attorneys at Akerman.
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How The CRE Industry Is Adapting To Tariff Uncertainty
Amid uncertainty about pending tariffs and their potential ripple effects, including higher material costs, supply chain delays and tighter margins, commercial real estate industry players are focusing on strategic planning and risk mitigation, says Daniel Diaz Leyva at Day Pitney.
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Reconciling 2 Smoke Coverage Cases From California
As highlighted by a California Department of Insurance bulletin clarifying the effect of two recent decisions on insurance coverage, the February state appellate ruling denying coverage for property damage from smoke, ash and soot should be viewed as an outlier, say attorneys at Reed Smith.
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Contractor Remedies Amid Overhaul Of Federal Spending
Now that the period for federal agencies to review their spending has ended, companies holding procurement contracts or grants should evaluate whether their agreements align with administration policies and get a plan ready to implement if their contracts or grants are modified or terminated, say attorneys at DLA Piper.
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Contract Disputes Recap: Terminations Galore
Attorneys at Seyfarth examine three recent decisions in which the Civilian Board of Contract Appeals and the Armed Services Board of Contract Appeals provide valuable insights into contract terminations, modifications and the jurisdictional requirements for claims.
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Making The Opportunity Zones Program Great At Last
As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.
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Investor Essentials For Buying Federally Owned Property
Investors and developers can take advantage of the Trump administration's plan to sell government-owned real estate by becoming familiar with the process and eligible to bid, and should prepare to move quickly once the U.S. General Services Administration posts the list of properties for sale, say attorneys at Holland & Knight.
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How 2025 Is Shaping The Future Of Bank Mergers So Far
Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.