Commercial
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August 07, 2025
CoStar Asks Full 9th Circ. To Revisit Antitrust Ruling For Rival
Commercial real estate information company CoStar Group Inc. and a subsidiary are urging the Ninth Circuit to reconsider its ruling reviving antitrust counterclaims lodged by rival Commercial Real Estate Exchange Inc., which CoStar has accused in a suit of stealing property listing data and copyrighted photos.
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August 07, 2025
Texas Bill Seeks Two-Thirds Vote To Exceed Max Tax Rate
Texas would require two-thirds approval from voters to allow local taxing entities to increase property taxes beyond a maximum rate permitted by law without a vote under a bill introduced in the state House of Representatives.
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August 07, 2025
Former LVMH Atty Joins Realtors Association's Legal Team
The National Association of Realtors announced Aug. 7 it has appointed as its vice president of litigation and associate general counsel the former vice president of legal affairs and head of litigation at LVMH Moet Hennessy Louis Vuitton Inc.
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August 07, 2025
NC Biz Court Bulletin: Divorce Dust-Ups And Judicial Rebukes
Litigation in the North Carolina Business Court is heating up this summer with new complaints centered on fears a former state politician's divorce proceedings will impede his companies' operations and accusations that a climate technology company has failed to pay out a former engineer's ownership interest.
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August 07, 2025
Ohio Property Sale Too Old To Sway Valuation, Board Says
The sale of a commercial property was not close enough in time to its tax valuation date to be relied on as evidence of its value, an Ohio board said, upholding a local assessment.
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August 06, 2025
Under Pressure, Higher Ed Leans On Real Estate
As institutions of higher education contend with declining enrollment and federal funding cuts, some are finding creative ways to monetize their real estate, which comes with important legal considerations, according to attorneys.
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August 06, 2025
Calif. CRE Players Say Tariff Uncertainty Delaying Projects
Half of the real estate professionals polled in a survey on the California commercial real estate market said they are delaying or canceling development projects thanks to increased construction costs and global trade tensions tied to tariff uncertainty.
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August 06, 2025
Big CRE Brokers Report Stubborn Optimism In Q2 Results
With most of commercial real estate's major brokers posting leasing gains and capital markets closings, executives said recently in announcing second-quarter earnings that they expect activity to continue as clients grow jaded to drama from recent trade disputes.
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August 06, 2025
NYC Council Approves Manhattan Mixed-Use Rezoning Plan
A rezoning plan that aims to build more than 9,500 homes in midtown Manhattan was approved Wednesday by the New York City Council's Committee on Land Use and a related subcommittee.
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August 06, 2025
Urban Edge Properties Closes $124M Mass. Retail Center Refi
Real estate developer Urban Edge Properties says it has closed on a $123.6 million loan to refinance a portion of open-air shopping center Shoppers World in Framingham, Massachusetts.
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August 06, 2025
Rising Star: Quinn Emanuel's Nasser Alrubayyi
Nasser Alrubayyi of Quinn Emanuel Urquhart & Sullivan LLP won a dismissal for Raza Co. in its dispute with Azmeel Contracting over a $450 million construction contract, along with other big courtroom victories, earning him a spot among the construction law practitioners under age 40 honored by Law360 as Rising Stars.
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August 06, 2025
Rising Star: DLA Piper's Katherine Jahnke Dale
Katherine Jahnke Dale of DLA Piper has been a key adviser on a transformation of Chicago's Fulton Market neighborhood, along with projects that include a $7 billion redevelopment near the United Center and a purchase agreement for a former steel plant now envisioned as a technology hub, earning her a spot among the real estate law practitioners under age 40 honored by Law360 as Rising Stars.
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August 06, 2025
3 Key Foreign Entity Issues In Claiming Clean Energy Credits
Stricter foreign supply chain and business ownership rules were tacked onto clean energy tax credits that weren't eliminated under the new budget reconciliation law, raising major compliance hurdles that have practitioners eagerly awaiting implementation rules from the U.S. Treasury Department. Here, Law360 outlines key issues the agencies need to address in coming guidance on restrictions targeting projects linked to foreign entities of concern.
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August 06, 2025
2 Firms Guide $110M Financing For CBL Properties' Mall Buy
Beal Bank USA provided $110 million in financing to CBL Properties to help fund the shopping center-focused real estate investment trust's acquisition of four regional malls, in a deal guided by Husch Blackwell LLP and Dorsey & Whitney LLP.
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August 06, 2025
Akin, Latham Advise Apollo's Data Center Builder Stake
Apollo Global Management on Wednesday announced it will acquire a majority stake in Dallas-based builder Stream Data Centers in a deal advised by Akin Gump Strauss Hauer & Feld LLP and Latham & Watkins LLP that the asset manager said would enable possibly billions in digital infrastructure spending.
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August 06, 2025
2 Firms Guide $1.3B CMBS Deal For NYC Office Tower
The Durst Organization has obtained a $1.3 billion commercial mortgage-backed security loan from a Wells Fargo-led group, in a deal steered by Rosenberg & Estis PC and Cadwalader Wickersham & Taft LLP, to finance a trophy Times Square office tower, Rosenberg & Estis announced on Wednesday.
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August 06, 2025
Gibson Dunn Adds Ex-Kirkland Real Estate Atty To NY Office
Gibson Dunn & Crutcher LLP hired a former Kirkland & Ellis LLP real estate transactions partner for the firm's real estate and real estate investment trust practice groups in New York City.
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August 05, 2025
$300M Fla. Project Floats DIP Loan To Hammer Out Ch. 11 Plan
The debtors of a $300 million real estate development in Florida on Tuesday floated a proposal to appoint a chief restructuring officer and a debtor-in-possession loan from an insurance heiress after creditors rejected both a sale and a liquidation plan.
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August 05, 2025
Long Island Town Challenges Tribal Land Determination
A Long Island town is challenging a federal government decision to place 84 acres into a restricted fee status for the Shinnecock Indian Nation, saying its effect has recognized the property as Indian Country in such a way that has destroyed the municipality's regulatory jurisdiction.
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August 05, 2025
New Developer To Build $1.5B Resi Towers In Jersey City
A new real estate developer stacked with former Brookfield Properties and Croesus Group executives unveiled the company's inaugural project on Tuesday — a $1.5 billion mixed-use project slated for construction in Jersey City, New Jersey.
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August 05, 2025
In Landlord's Market, Vornado Eyes Selling Non-NYC Assets
Executives of office real estate investment trust Vornado Realty Trust told analysts on its second quarter earnings call Tuesday that it is seeing the market shift back toward landlords in New York City, where it is doubling down, as it weighs disposing of its San Francisco and Chicago assets.
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August 05, 2025
Naftogaz Secures Vienna Court's OK To Seize Russian Assets
An Austrian court has granted Naftogaz permission to seize approximately €120 million ($139 million) of Russian assets as Ukraine's state-owned oil and gas company pursues an international campaign to enforce a $5 billion arbitral award it won against Russia.
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August 05, 2025
Boston Firm Adds Former Panera, Dunkin' Brands Counsel
Boston-based Rubin and Rudman LLP hired the former legal counsel of Panera Bread Co. and Dunkin' Brands for an "of counsel" role on the firm's real estate team, the firm announced Tuesday.
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August 05, 2025
Property Co. Backs Calif. Tribe In $700M Casino Row
A property owner has urged a D.C. federal judge in an amicus brief to grant the Scotts Valley Band of Pomo Indians' quick win bid in the tribe's suit accusing the federal government of wrongfully blocking the tribe's $700 million casino project in Vallejo, California.
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August 05, 2025
Parker Poe Adds Private Equity, Corporate Pro In SC
Parker Poe Adams & Bernstein LLP announced it has added a partner from Moore & Van Allen PLLC to the firm's Charleston, South Carolina, office who will bolster the firm's private equity and corporate practices.
Expert Analysis
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Insurance Considerations For LA Wildfire Recovery
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.
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LA Wildfires' Effect On Calif. Insurer Of Last Resort
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.
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Public Corruption Enforcement In 2024 Has Clues For 2025
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.
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Small Biz Caught In Corporate Transparency Act Crossfire
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.
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What's Ahead As Transparency Act Comes To A Crossroads
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.
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Timeline Considerations For Boston's New RE Review Process
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.
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The Story Of 2024's Biggest Bank Regs, And Their Fate In 2025
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.
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2024 IPO Market Trends, And What To Expect Next Year
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.
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Adapting Force Majeure To A Predictably Unpredictable World
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.
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Impact Of Corporate Transparency Act Ambiguity On Banks
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.
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Green Projects Face States' Foreign Land Ownership Limits
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.
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How Landlords Can Navigate Cannabis-Related Leases
As the cannabis industry continues to rapidly grow, landlords should consider a variety of lease terms and operational details that may help mitigate uncertainty involving federal laws, zoning restrictions and tax implications, says Kyla Baker at Holland & Knight.
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Lights, Camera, Real Estate: Preparing For Film Facility M&A
As the entertainment industry struggles to recover from multiple strikes and a decline in production, certain aspects of selling or acquiring production facilities may become important to consider, as these assets are valued very differently from typical commercial real estate properties, say attorneys at Olshan Frome.