Commercial

  • September 18, 2025

    Fox Rothschild Hires Rosenberg Atty As Real Estate Partner

    Fox Rothschild LLP has hired a former Rosenberg & Estis PC counsel as its new real estate department partner in its New York City office, the firm announced.

  • September 18, 2025

    REIT Pays $205M For Beverly Hills Office Campus

    Kilroy Realty Corp. paid $205 million for a 293,000-square-foot Class A office campus in Beverly Hills, California, the real estate investment trust announced Thursday.

  • September 17, 2025

    Real Estate Pros React To Federal Interest Rate Cut

    The Federal Reserve's long-awaited announcement Wednesday that it is cutting its benchmark interest rate by 0.25% drew measured reactions from real estate attorneys and professionals, who said the move definitely provides reason for optimism but had already largely been factored into markets and does not represent the major step some sought.

  • September 17, 2025

    3rd Circ. Urged To Revive NJ Casino Antitrust Pricing Suit

    Algorithmic collusion by Atlantic City casino hotels, as alleged by their customers, poses a grave threat to consumers as the hotels use software to get around a century's worth of antitrust precedent, an attorney for the American Antitrust Institute told the Third Circuit on Wednesday, urging the court to revive an antitrust suit.

  • September 17, 2025

    REIT Attys Say New Guidelines Improve On 'Patchwork'

    Last week, state securities regulators at their annual confab in Arizona approved changes to their guidance for states reviewing securities issued by public nonlisted real estate investment trusts.

  • September 17, 2025

    Partners Barred From Fighting Deal In $54M Easement Suit

    Dozens of investment partners were barred from challenging a settlement with the IRS over their disputed $54 million conservation easement deduction under a U.S. Tax Court ruling Wednesday that found they waited until the last minute and didn't show why they should be allowed to participate in proceedings.

  • September 17, 2025

    Judge Won't Let Denver Slip Suit Over Bans On Gas Appliances

    A Colorado federal judge partially granted environmentalist group Sierra Club's bid to dismiss a suit filed by a coalition of industry trade groups suing Denver over the city's restrictions on certain natural gas appliances.

  • September 17, 2025

    Latham Guides Infrastructure Investor's Inaugural $1B Fund

    Investment firm GreenPoint, advised by Latham & Watkins LLP, said Wednesday it has closed its inaugural fund at $1 billion and plans to invest in sectors that are "undergoing technology driven transformation," such as digital infrastructure, energy and logistics.

  • September 17, 2025

    Nelson Mullins Hires Freddie Mac Alumnus For RE Practice

    Nelson Mullins Riley & Scarborough LLP announced Wednesday that the firm has added a commercial real estate expert from Freddie Mac's multifamily division to the firm's real estate capital markets practice.

  • September 17, 2025

    WaterBridge Reaches $634M IPO Pricing, Guided By 2 Firms

    WaterBridge Infrastructure said it priced an upsized $634 million initial public offering at the top of its range when the company began trading Wednesday with advice by Latham & Watkins LLP and Gibson Dunn & Crutcher LLP.

  • September 17, 2025

    Times Square And Hudson Yards Casino Plans Go Bust

    Two proposals for casinos in Manhattan failed to advance in the process to obtain a full gaming license in New York City, leaving six proposals to vie for three downstate casino licenses.

  • September 17, 2025

    Calif. Residents Look To Block Tribe's Recognition, Casino

    A group of residents and a nonprofit are seeking an expedited order that would block a decision by the Interior Department to give federal recognition to California's Ione Band of Miwok Indians, arguing the federal government is delaying the case to make sure construction of the tribe's casino is completed.

  • September 17, 2025

    Spencer Fane Adds Corporate, RE Attys In The Midwest

    Spencer Fane LLP announced the addition of two new attorneys in the Midwest this week — a partner joining its corporate and business transactions group and a counsel joining its real estate group.

  • September 17, 2025

    Del. High Court Probes Reviving Gellert Seitz Malpractice Case

    A Delaware justice took aim at an argument she seemed to suggest wasn't fleshed out enough in appellate filings as a homebuilder's attorney urged the state Supreme Court on Wednesday to undo Gellert Seitz Busenkell & Brown LLC's win in a legal malpractice case.

  • September 17, 2025

    5 Firms Ink $520M Financing For Tampa Hotel, Resi Project

    Five firms guided a $290 million commercial-property assessed clean energy financing and a $230 million senior loan for Two Roads Development's construction of a mixed-use hotel and residential project underway in Tampa, Florida.

  • September 17, 2025

    Eli Lilly Plans $5B Va. Factory, With More US Plants To Follow

    Eli Lilly and Co. announced this week it is planning a $5 billion manufacturing facility near Richmond, Virginia — the first in a series of multibillion-dollar manufacturing plants the drugmaker expects to build in the U.S. over the next five years.

  • September 17, 2025

    South Florida Cities Nearing Full Return-To-Office Recovery

    South Florida's West Palm Beach and Miami appear to be running ahead of the pack in the "return to office" race to recover to pre-COVID levels, even outpacing a resurgent Manhattan market, according to recently released data.

  • September 17, 2025

    Polsinelli Hires Thompson Coburn Real Estate Atty In Chicago

    A real estate transactional attorney who spent the majority of his legal career, including as a summer associate, at Thompson Coburn LLP has moved to Polsinelli PC's Chicago office, the firm has announced.

  • September 17, 2025

    Yale Health System Settles $435M Hospital Sale Suit

    Yale New Haven Health Services Corp., Connecticut's largest hospital system, has reached a settlement in principle with bankrupt Prospect Medical Holdings Inc. that would resolve a $435 million contract dispute over the sale of several hospitals in the state.

  • September 17, 2025

    Skadden, Latham Guide $1.6B Paramount Real Estate Deal

    Real estate investment trust Paramount Group will be sold to asset manager Rithm Capital Corp. for about $1.6 billion, with Skadden Arps Slate Meagher & Flom LLP advising Rithm and Latham & Watkins LLP representing Paramount, the companies said Wednesday. 

  • September 16, 2025

    4th Circ. Revives RICO Claims On Amazon Project Kickbacks

    The Fourth Circuit in a published decision Tuesday revived racketeering and other claims from Amazon.com Inc. after two former employees, a real estate developer and an attorney operated a kickback scheme as the company spent hundreds of millions of dollars on a set of data center projects in northern Virginia.

  • September 16, 2025

    'Incurably Premature': Suit Over Alleged EB-5 Rule Tossed

    A Seattle federal judge on Monday tossed an immigrant investor's lawsuit challenging an allegedly arbitrary action that resulted in U.S. Citizenship and Immigration Services revoking her visa petition, saying she could not sue since she did not first exhaust administrative remedies.

  • September 16, 2025

    Casino Giant Urges Fla. Court To Toss Bahamas Fraud Suit

    U.S.-based casino operator Genting Americas Inc. has urged a Florida federal court to dismiss a lawsuit alleging that it used a resort in the Bahamas to obscure fraudulent activities, saying the suing real estate company failed to deliver a proper amended derivative complaint ordered by a judge. 

  • September 16, 2025

    Office, Multifamily Deals Thrive In Calif. Bay Area AI Boom

    Office buildings and apartments were the hottest properties to trade hands in the San Francisco Bay Area during the first half of 2025, amid the region's office market rebound as an influx of artificial intelligence companies pop up and claim workspace, according to a CBRE report.

  • September 16, 2025

    Mass. Tax Board Cuts Value Of Biz's Condos Based On Sales

    The assessed values of two condominium units in Massachusetts were reduced by the state Appellate Tax Board in a decision released Tuesday, after the board found that both were overvalued when compared with similar properties.

Expert Analysis

  • NY Laundering Ruling Leans On Jurisdictional Fundamentals

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    A New York appeals court’s recent dismissal of Zhakiyanov v. Ogai, a civil money laundering dispute between Kazakh citizens involving New York real estate, points toward limitations on the jurisdictional reach of state courts and suggests that similar claims will be subject to a searching forum analysis, say attorneys at Curtis Mallet-Prevost.

  • Opportunity Zone's Future Corp. Tax Benefits Still Uncertain

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    Despite recent legislative enhancements to the qualified opportunity fund program, and a new G7 understanding that would exempt U.S.-parented multinationals from the undertaxed profits rule, uncertainties over future tax benefits could dampen investment interest in the program, says Alan Lederman at Gunster.

  • What To Expect As Trump's 401(k) Order Materializes

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    Following the Trump administration’s recent executive order on 401(k) plan investments in alternative assets like cryptocurrencies and real estate, the U.S. Department of Labor and the U.S. Securities and Exchange Commission will need to answer several outstanding questions before any regulatory changes are implemented, say attorneys at Cleary.

  • Key Insurance Coverage Considerations For AI Data Centers

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    The burgeoning artificial intelligence industry has sparked a surge in data center projects — a trend likely to be accelerated by the White House's AI Action Plan — but with these complex facilities come equally complex risks, engendering important insurance coverage considerations, say attorneys at Morgan Lewis.

  • Unpacking The New Opportunity Zone Tax Incentive Program

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    The One Big Beautiful Bill Act brought several improvements to the opportunity zone tax incentive program that should boost investments in qualified funds, including making it permanent, increasing federal income tax benefits in rural areas, redesignating the qualified zones, and requiring more in-depth reporting, says Marc Schultz at Snell & Wilmer.

  • Data Center Construction Trends, Challenges In Ill. And Texas

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    Data centers in Illinois and Texas are reshaping the industrial landscape, but this growth brings legal complexity, so developers, contractors and corporate legal departments must have a deep understanding of each state's legal terrain and take a proactive approach to risk management, say attorneys at Hicks Johnson.

  • Definitions Of 'Waters Of The United States' Ebb And Flow

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    The issue of defining whether "waters of the United States" include streams and channels that sometimes have water and sometimes do not has been fraught since the U.S. Supreme Court's 2006 Rapanos decision, but a possible new rule may help property owners stay out of court, says Neal McAliley at Carlton Fields.

  • Texas Property Law Complicates Financing And Development

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    A new Texas law imposing expansive state-level restrictions on properties owned by entities from designated countries creates a major obstacle for some lenders, developers and other stakeholders, as well as new diligence requirements for foreign companies, say attorneys at Pillsbury.

  • How Bankruptcy Law Caps Landlords' Rejected Lease Claims

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    With corporate bankruptcy filings for the first half of the year at a 15-year high, landlords should be prepared for commercial tenants to use the bankruptcy process to reject unwanted leases in order to lessen corporate footprints and improve liquidity, say attorneys at Mintz.

  • Annual Report Shows CFIUS Extending Its Reach In 2024

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    The recently released 2024 annual report from the Committee on Foreign Investment in the United States reveals record civil penalties and enhanced internal capabilities, illustrating expanding jurisdiction and an increasing appetite for enforcement actions, says Nathan Fisher at StoneTurn.

  • Navigating The New Playbook For SBA 504 Loans

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    As the U.S. Small Business Administration 504 loan program’s relevance grows amid climbing foreclosure activity, regulatory changes and a notable ruling from the Eighth Circuit are reshaping origination and workout strategies, highlighting the need for a national framework to improve resolutions, protect recoveries and support small businesses, says Casey Sieck at Day Pitney.

  • Assessing Strategies For Mixed-Use Pro Sports Projects

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    Counsel managing mixed-use sports and entertainment districts must combine expertise ranging from stadium-arena finance to municipal law to public relations into a unified strategy, and a series of practice tips can aid project management from inception to completion, say attorneys at Katten.

  • 4 Questions For Insureds To Overcome Flood Exclusions

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    In a year of record flash flooding in the U.S., affected policyholders, who may assume that their policy's flood exclusion precludes recovery for losses, should look to the many factually and legally nuanced cases presenting pathways to coverage, says Micah Skidmore at Haynes Boone.