Commercial
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December 09, 2025
Moody's Says Funding Types Grow With Data Center Demand
Financing sources for data center projects are becoming more diverse as the number and size of such developments continue to grow, according to a report from analyst and credit rating agency Moody's.
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December 09, 2025
From BigLaw To Self-Storage Biz GC, And Never Looking Back
Being head of legal for one of the country's biggest self-storage companies is never boring, from monitoring a rising tide of rent control rules to addressing the "creative" ways tenants use their units, according to Gwyn McNeal, general counsel to Extra Space Storage.
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December 09, 2025
5 Firms Advise $2.3B Hawaii Real Estate Take-Private
Hawaii real estate investment company MW Group, San Francisco-headquartered real estate investment company DivcoWest and funds affiliated with Blackstone Real Estate have struck a $2.3 billion deal to take a Hawaii-based commercial real estate company private.
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December 08, 2025
Polsinelli Guides $113M Loan For Brooklyn Medical Facility
Capital One NA inked a $113.5 million loan for a medical property in Brooklyn in a deal guided by Polsinelli, part of a massive portfolio of outpatient medical buildings purchased by Remedy Medical Properties and Kayne Anderson Real Estate in the fall.
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December 08, 2025
Gibson Dunn Guides Hudson Pacific's $150M LA Campus Sale
Hudson Pacific Properties Inc., guided by Gibson Dunn, sold a 284,000 square foot West Los Angeles office campus for $150 million after initially paying $101 million for the property 10 years ago, the real estate investment trust announced.
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December 08, 2025
Trump Admin Backs Exxon In Cuba Property Seizure Case
The Trump administration is pressing the U.S. Supreme Court to rule in favor of Exxon Mobil Corp. and find that a federal law allowing U.S. victims of property seizures by the Cuban government to seek damages from entities that subsequently used the property abrogates the sovereign immunity of Cuban agencies and instrumentalities.
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December 08, 2025
Global Net Lease Preps $333M Sale Of UK Car Tech Campus
Global Net Lease Inc. plans to sell off an 840,000-square-foot Woking, England, vehicle technology campus in a more than $333 million deal that is expected to close on Dec. 22, the real estate investment trust announced on Monday.
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December 08, 2025
The Real Estate Matters Keeping GCs Up At Night
As the general counsel of real estate companies cope with fast-changing market dynamics and consider how to implement new technology, outside counsel can play an important role in helping them make better decisions.
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December 08, 2025
Calif. Tribe Looks To Nix Suits Against $700M Casino Approval
A California tribe is asking a D.C. federal court to dismiss three challenges to a U.S. Department of the Interior decision to place 160 acres into trust for its $700 million hotel and casino project, arguing that the consequences of denying its intervention in the litigation would be "grave and severe."
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December 08, 2025
Israeli Meat Co. Owes $35M For NC Facility, Court Told
An Israeli venture capital-backed cultivated meat company breached a payment agreement for work on its inaugural facility in North Carolina and now owes the builder over $35 million, according to a lawsuit filed in North Carolina federal court.
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December 08, 2025
Simpson Thacher Investment Funds Atty Joins Kirkland In DC
A Simpson Thacher & Bartlett LLP attorney, who was named to that firm's partnership in January, has joined Kirkland & Ellis LLP's Washington, D.C., office as an investment funds partner, the firm announced Monday.
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December 08, 2025
Justices Won't Weigh Hawaii County Religious Land-Use Win
The U.S. Supreme Court decided Monday to not grant a nonprofit's review petition for a Ninth Circuit ruling that sided with a Hawaii county in a dispute over a special land use permit.
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December 08, 2025
RealPage Asks To Block NY Rental Pricing Software Law
Property management software company RealPage is asking for a preliminary injunction to block enforcement of a New York law that prohibits building owners from using software to set residential rental rates while its case challenging the statute plays out.
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December 08, 2025
KKR Secures $348.9M For European Budget Hotel Acquisition
Investment firm KKR said Monday that it has provided $348.9 million to support Tristan Capital Partners' acquisition of easyHotel, a budget hotel operator across Europe, in a transaction advised by Bryan Cave Leighton Paisner LLP and Linklaters LLP.
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December 08, 2025
Carlyle Group GC Steps Into Advisor Role After 26 Years
The Carlyle Group's general counsel, who has held the position since 1999, is retiring and transitioning into a new role in which he'll continue working on various matters and advise his eventual successor, the company has announced.
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December 08, 2025
GC Talks Tracking Tech At Leading Real Estate Firm
Christopher Y. Chan, general counsel at JLL Technologies, recently spoke with Law360 Real Estate Authority about how he and his team balance advances in technology — including the rapid growth of AI — with company guidelines, and the issues currently keeping them busy.
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December 05, 2025
Wells Fargo Unit Gets Judge To Trim Immigration Atty's Suit
A Nevada federal judge has largely trimmed claims out of an immigration attorney's lawsuit that alleged a Wells Fargo unit and adviser gave her bad investment advice, allowing the lawyer's fraudulent and negligent misrepresentation claims to go forward.
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December 05, 2025
7th Circ. Backs Distribution Of $2.5M In Fraud Funds
The Seventh Circuit on Thursday rejected a real estate banking business's argument it should have been prioritized over other investors for proceeds from the liquidation of assets related to an alleged $135 million Ponzi scheme, and affirmed a lower court's finding it would have learned of those other investors' interests on two Chicago properties with a more diligent inquiry.
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December 05, 2025
Investor Says Data Co. Stake Bought In $40B Acquisition
Chicago-based GEM Realty Capital Inc. said its equity investment in Aligned Data Centers is set to be purchased in a record-setting $40 billion acquisition announced last month by a consortium of companies, including Nvidia, BlackRock, Microsoft, BlackRock and an Elon Musk Artificial Intelligence venture.
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December 05, 2025
Best Use Of Macy's Property Is As Store, Minn. Court Says
The highest and best use for a Macy's property in Minnesota is its continued function as an anchor department store in a shopping mall, the state tax court said, declining to amend the valuations it previously found.
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December 05, 2025
Pebblebrook Sells Chicago Hotel In $72M Deal
Pebblebrook Hotel Trust announced that it sold a 752-room hotel in downtown Chicago for $72 million to an unnamed third-party, adding that it plans to use sale proceeds for general corporate purposes.
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December 05, 2025
Long Island Real Estate Co. Files For Ch. 11 With $35M Debt
Long Island-based real estate holding company Giapreet LLC filed for Chapter 11 in a New York bankruptcy court with just over $35 million in liabilities.
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December 05, 2025
Office Owner SL Green Targets NYC Assets With $1.3B Fund
Office landlord SL Green Realty Corp. said Friday that it has closed a $1.3 billion oversubscribed fund targeting assets in New York City.
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December 05, 2025
American Bridge Loses Seattle Convention Center Dispute
A Washington federal judge has found American Bridge Co. "solely responsible" for months of delays in a Seattle convention center project, concluding that the firm botched a steel work subcontract from the start and broke its promises to the general contractor, a joint venture between Clark Construction Group and Lease Crutcher Lewis.
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December 04, 2025
OFAC Fines Real Estate Firm $7M Over Sanctions Violations
The Department of the Treasury's Office of Foreign Assets Control fined a New York property management company more than $7 million for allegedly violating Russian sanctions by receiving payments on behalf of a company owned by a sanctioned Russian oligarch.
Expert Analysis
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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.
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Why NY May Want To Reconsider Its LLC Transparency Law
Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.
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Dewberry Ruling Is A Wakeup Call For Trademark Owners
The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.
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How GSA Lease Clauses May Affect DOGE Terminations
The Department of Government Efficiency has begun to cut the U.S. General Services Administration's enormous real estate portfolio, but some standard lease clauses include limits helpful to landlords that may slow progress toward the administration's cost-cutting goals, say attorneys at Pillsbury.