Commercial
-
October 15, 2025
BlackRock, Nvidia-Led Group Buying Aligned In $40B Deal
The Artificial Intelligence Infrastructure Partnership, MGX and BlackRock's Global Infrastructure Partners said Wednesday they have agreed to acquire Aligned Data Centers from Macquarie Asset Management and co-investors, in a deal valuing Aligned at about $40 billion.
-
October 14, 2025
GOP Bill Would Codify Trump Private Equity 401(k) Order
A Montana Republican lawmaker announced Tuesday the introduction of a bill that would codify President Donald Trump's executive order that aims to make it easier for retirement plans to invest in nontraditional 401(k) assets like private equity and cryptocurrency.
-
October 14, 2025
Fla. Professor Wins Bid To Halt Trump Library Land Transfer
A Florida state judge Tuesday temporarily blocked the transfer of roughly 3 acres of land Miami Dade College gave to the state to build the Donald J. Trump Presidential Library.
-
October 14, 2025
Billionaire Griffin Pitches Private Yacht Marina In Miami Beach
Akerman LLP is representing billionaire investor Ken Griffin in his proposal to add to his extensive South Florida real estate portfolio by building a private yacht marina on Miami Beach's Terminal Island.
-
October 14, 2025
Calif. City Wins Cannabis Lab Permit Suit Over RICO Claims
A cannabis entrepreneur's lawsuit accusing the mayor of a Los Angeles suburb of soliciting a $350,000 bribe in exchange for a permit has been thrown out by a California state judge, who ruled that because no money was actually paid, the businessman's racketeering claims couldn't survive.
-
October 14, 2025
And Then There Were 3: MGM Drops Out Of NY Casino Race
MGM Yonkers announced Tuesday that it has withdrawn its application for one of three downstate casino licenses in New York, citing changes to the competitive and economic assumptions that underpinned its $2.3 billion proposal.
-
October 14, 2025
USPS Bailed On Wash. Real Estate Deal, Developer Claims
A developer and its affiliate have claimed in federal court that the U.S. Postal Service violated an agreement to develop a piece of land in Issaquah, Washington, and split the proceeds from its sale.
-
October 14, 2025
Boston Says Celebrity Chef Moved Money To Skirt Tax Bills
The city of Boston is accusing celebrity chef Barbara Lynch of intentionally scheming to avoid paying nearly $1.7 million in property taxes by "siphoning off" corporate assets, asking a judge to pierce the corporate veil and hold her liable for the bill.
-
October 14, 2025
SilverRock Says $65M Real Estate Sale Maximizes Value
A witness for SilverRock Development defended the insolvent California developer's request to sell its assets for $65 million, telling the Delaware bankruptcy court Tuesday that selling the site as a unit to an affiliate of Turnbridge Equities will maximize its value.
-
October 14, 2025
Barnes & Thornburg Adds RE Partners In Dallas, Atlanta
Barnes & Thornburg LLP announced Tuesday it has added attorneys in Dallas and Atlanta to bolster its real estate department, including another addition from Morris Manning & Martin LLP.
-
October 14, 2025
Latham Real Estate Leader Decamps For Kirkland
Kirkland & Ellis LLP said Monday it has hired the global chair of the real estate practice at Latham & Watkins LLP as a partner.
-
October 14, 2025
Pryor Cashman Guides Stalled Brooklyn Mega Project
A developer advised by Pryor Cashman LLP has joined a joint venture for a 22-acre mixed-used project in Brooklyn that would advance major construction work that was initially announced more than 20 years ago.
-
October 14, 2025
NYC Real Estate Week In Review
Mintz Levin, Arnold & Porter and Eckert Seamans 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 nine-figure Manhattan deals leading the way.
-
October 14, 2025
Calif. Allows Extended Property Tax Relief After LA Fires
California property owners affected by several fires in Los Angeles County in January will have extended property tax relief under legislation signed by Democratic Gov. Gavin Newsom.
-
October 14, 2025
Wachtell, Latham Steer $8.2B Timber Merger Of Equals
Rayonier Inc. and PotlatchDeltic Corp. said Tuesday they have agreed to merge in an all-stock deal that will create an $8.2 billion entity and one of North America's largest publicly traded timber and wood products companies.
-
October 13, 2025
Fla. Judge Won't Block Trump Library Land Transfer Yet
A Florida state judge punted Monday on a bid to temporarily block the transfer of roughly three acres of land Miami Dade College gave to the state to build the Donald J. Trump Presidential Library, saying the plaintiff needed to present more evidence to back up his request.
-
October 10, 2025
Ex-Trump Ally Felix Sater Liable In Money Laundering Trial
A bank and a Kazakh city won $52 million in New York federal court over claims that real estate financier and former Donald Trump ally Felix Sater skimmed money while helping others launder tens of millions of dollars, according to the plaintiffs.
-
October 10, 2025
Experts Doubt Gold Card Will Siphon Off EB-5 Investors
Concerns that President Donald Trump's gold card will siphon off noncitizens who would otherwise seek permanent residency through the EB-5 investor program might be overblown, with experts suggesting the program's 35-year track record and stability will continue attracting foreign investors.
-
October 10, 2025
Crow Holdings Recapitalizes 194 National Retail Properties
Crow Holdings has closed a recapitalization deal for its nationwide 194-property portfolio of retail businesses, the real estate investment and development firm announced Thursday.
-
October 10, 2025
Prospect Medical Gets OK For $45M Yale Health Deal In Ch. 11
A Texas bankruptcy judge Friday approved a $45 million settlement between Yale New Haven Health Services Corp. and Prospect Medical that ends a legal battle over failed hospital sales, as Prospect works toward exiting Chapter 11.
-
October 10, 2025
Nonprofit Asks 9th Circ. To Rethink Vegas Price-Fixing Case
A nonprofit that focuses on antitrust issues urged entire Ninth Circuit to rehear a price-fixing case accusing several Las Vegas casino-hotel operators of using the same algorithm to set prices for hotel rooms.
-
October 09, 2025
Private Flood Carriers See Opportunity In Federal NFIP Lapse
Private flood insurance executives see a market opportunity for a growing sector of the property and casualty industry as the National Flood Insurance Program remains restricted in its ability to renew or sell flood coverage amid the government shutdown.
-
October 09, 2025
2 Firms Guide ARM Energy, PIMCO's $2.3B Pipeline Project
ARM Energy Holdings LLC, advised by Vinson & Elkins LLP, announced Oct. 9 it will launch its $2.3 billion Mustang Express Pipeline project in Texas with its investors and its Herbert Smith Freehills Kramer LLP-guided joint venture partner Pacific Investment Management Co.
-
October 09, 2025
Wash. High Court Rules Tribe Is Immune From Property Claim
Washington's Supreme Court on Oct. 9 sided with the Stillaguamish Tribe of Indians in a dispute over land rights, ruling that the federally recognized tribe is immune from a lawsuit filed by a farm seeking to wrest ownership of a piece of property along the Stillaguamish River.
-
October 09, 2025
Ex-CEO Fights Silver Star's Bid To Delay Key Vote
The ousted board chair of Silver Star Properties REIT urged a Maryland federal court not to grant the real estate investment trust's request to postpone a board election and a vote on whether to liquidate the company, saying it waited too long to request the relief.
Expert Analysis
-
Applying High Court's Domestic Corruption Rulings To FCPA
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
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
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
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
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
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
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
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.
-
Assessing Algorithmic Versus Generative AI Pricing Tools
A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.
-
Navigating A Potpourri Of Possible Transparency Act Pitfalls
Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.
-
Keys To Successful Commercial Property Insurance Claims
Excerpt from Practical Guidance
While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.
-
Tips For Handling Single Asset Real Estate Bankruptcy Cases
Excerpt from Practical Guidance
Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset real estate debtor Chapter 11 cases, which generally arise when a debtor is forced to file for relief to stop an impending foreclosure sale.
-
Increased Scrutiny Raises Int'l Real Estate Transaction Risks
Recently proposed regulations expanding the Committee on Foreign Investment in the United States' oversight, a White House divestment order and state-level legislative efforts signal increasing scrutiny of real estate transactions that may trigger national security concerns, say Luciano Racco and Aleksis Fernández Caballero at Foley Hoag.