Commercial
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November 13, 2025
NC Biz Court Bulletin: Rulings Spotlight Coverage Clashes
The North Carolina Business Court plowed into the fourth quarter with two big decisions in insurance disputes that involved $50 million in COVID-19-related losses at a chain of outlet malls, and an industrial accident at a Nucor Corp. iron plant in Louisiana.
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November 13, 2025
Ballet Academy Sues Landlord Over 'Millions' In Mold Damage
A Colorado ballet academy claimed in Colorado state court Tuesday that its landlord's negligence over the plumbing and maintenance of its commercial space led to a serious mold infestation that "ruined" the business and caused "millions of dollars" in damages to costumes and equipment.
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November 13, 2025
Texas Court Says Landowner Doesn't Have To Sell $22M Plot
A Texas Business Court judge ruled that a landowner doesn't have to go forward with a previously planned $22.5 million sale of 20.8 acres of land because the buyer terminated the deal.
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November 13, 2025
Nixon Peabody Guides $119M Bronx Charter School Mortgage
A Florida entity borrowed more than $119 million worth of mortgage loans for a Bronx charter school, in a deal advised by Nixon Peabody LLP, according to official property records.
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November 13, 2025
Seaport Developer, Mass. Spar Over $15M Brownfields Credit
The developer of the Echelon Seaport luxury residential complex in Boston's Seaport District and the Massachusetts Department of Revenue have each made their case for a pretrial win in a long-running dispute over a tax credit for an environmental cleanup.
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November 13, 2025
Oregon Court Upholds $119M Value Of Office Building
The owner of an Oregon office building, one of three contiguous structures serving as a corporate campus, did not show sufficient evidence to change the assessment of a local assessor, the state tax court said in upholding a $119 million valuation.
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November 13, 2025
La Rosa Holdings Raises Nearly $1.3B For Data Center Pivot
La Rosa Holdings Corp. announced Nov. 13 that it secured $250 million in financing, on top of a $1 billion equity purchase facility it announced earlier this year, as part of the real estate and proptech firm's effort to reposition itself as a data center developer.
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November 13, 2025
Colo. Judge Stays EB-5 Investor Visa Fee Hike
A Colorado federal judge stayed part of a U.S. Citizenship and Immigration Services rule that increased fees for EB-5 immigrant investor visas, ruling that the agency raised the fees before completing a required study.
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November 13, 2025
Shutts & Bowen Brings Back Real Estate Ace In Orlando, Fla.
Shutts & Bowen LLP announced on Nov. 13 that a real estate attorney has returned to the firm as a partner in Orlando, Florida, after having stepped away from legal work to run a family-owned candle business with her brother.
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November 13, 2025
NYC OKs Long Island City Rezoning, Earmarks $1.9B Funding
The New York City Council unanimously approved a plan to rezone 54 blocks in Long Island City on Nov. 12, enabling the construction of 14,700 new housing units with significant affordability mandates.
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November 13, 2025
Fox Rothschild Adds Steptoe & Johnson Real Estate Ace
Fox Rothschild LLP has added a partner in Dallas from Steptoe & Johnson PLLC who boasts decades of experience advising clients on retail and mixed-use developments, as well as affordable housing projects.
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November 13, 2025
Ohio Lawmakers OK Property Tax Valuation Process Changes
Ohio would make changes to its process for adjusting proposed property values for tax purposes under a bill unanimously approved by state lawmakers and headed to Gov. Mike DeWine.
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November 13, 2025
In-House Tax Controversy Director Joins Miller & Chevalier
The former director of tax controversy at Cleveland, Ohio-based real estate company GBX Group LLC has moved to Miller & Chevalier Chtd.'s Washington, D.C., office, where she'll continue working on a range of tax-related matters.
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November 12, 2025
NY Pot Shop's Suit Over Proximity Rule Must Wait
New York's Cannabis Control Board will get additional time to respond to an entrepreneur's accusations that it arbitrarily denied him a waiver to allow him to open his cannabis dispensary within a thousand feet of another, a state court has ruled, despite the businessman's assertion that the delay hurts him.
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November 12, 2025
Judge Tosses Nonprofit's Pittsburgh Inclusionary Zoning Suit
A Pennsylvania federal judge has sided with Pittsburgh against a nonprofit real estate trade association's suit challenging the constitutionality of the city's inclusionary zoning ordinances, ruling that the group's claims aren't ripe and that it lacks standing to bring the case.
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November 12, 2025
Luxury, Group Travel Bolster Hotel Outlook After Bumpy Q3
Leading hotel operators and real estate investment trusts have reported a mix of results for the third quarter in recent earnings calls, pointing to luxury travelers and future group bookings as the biggest positives in the face of softening in the broader leisure segment and uneven business travel demand amid ongoing economic uncertainty.
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November 12, 2025
9th Circ. Says Finance Guru Ramsey Can't Arbitrate Fraud Suit
A Ninth Circuit panel rejected celebrity financial planner Dave Ramsey's bid to force arbitration in a proposed class action accusing him of roping radio show listeners into a timeshare exit scheme, concluding Wednesday the suit isn't tied to the consumers' contract with Reed Hein & Associates.
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November 12, 2025
MVP: Cadwalader's Christopher Dickson
Christopher Dickson of Cadwalader Wickersham & Taft LLP's real estate practice was lead partner advising lenders Wells Fargo, Morgan Stanley and The Goldman Sachs Group in the record-breaking $1.15 billion refinancing of a mixed-use waterfront development in Washington, D.C., earning him a spot as one of the 2025 Law360 Real Estate MVPs.
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November 12, 2025
New Savills GC Weighs Return-To-Office, AI, Legal Sector
Savills announced Wednesday that it is elevating Julia Spivack, who has been associate general counsel at the real estate advisory firm for three years, to executive vice president and general counsel. In an interview with Law360, Spivack spoke about her priorities in her new role.
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November 12, 2025
Morgan Stanley, GSA Team Up On $1B Student Housing Deal
Morgan Stanley Real Estate Investing and Global Student Accommodation have completed the acquisition of a portfolio of eight student housing assets, in a transaction valued at more than $1 billion, the firms announced Wednesday.
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November 12, 2025
Virgin Islands Gives 90-Day Tax Amnesty For Storm Recovery
The U.S. Virgin Islands established a 90-day amnesty period to waive penalties for overdue property, income and gross receipts taxes to help residents and businesses recovering from Hurricanes Irma and Maria and Tropical Storm Ernesto under a bill signed by the governor.
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November 12, 2025
Davis Polk Guides Sycamore's $490M Walgreens CMBS Refi
Affiliates of Sycamore Partners Management LP, advised by Davis Polk, have obtained a $490 million refinancing mortgage loan for the private equity firm's portfolio of 207 retail properties leased to a Walgreens subsidiary.
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November 10, 2025
Law360 MVP Awards Go To Top Attorneys From 76 Firms
The attorneys chosen as Law360's 2025 MVPs have distinguished themselves from their peers by securing significant achievements in high-stakes litigation, complex global matters and record-breaking deals.
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November 10, 2025
La. Condo Awarded $5M For State Farm's Storm Claim Delay
A State Farm unit owes a Bayou State condominium complex over $5 million in penalties for its delayed adjustment of the complex's hurricane damage claim despite having satisfactory proof of loss, a Louisiana federal court held Monday.
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November 10, 2025
NJ Panel Revives Compensation Case In $95M Real Estate Deal
A New Jersey appellate panel revived a dispute Monday over whether a Manhattan real estate executive was fully compensated for his work on a $95 million redevelopment project, ruling that a trial judge wrongly granted summary judgment despite ambiguities in the parties' complex profit-sharing agreement.
Expert Analysis
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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.
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What SDNY Judge Can And Can't Do In Adams Case
The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Corp. Transparency Act's Future Under Treasury's Bessent
The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.
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Nippon Order Tests Gov't Control Over Foreign Investments
The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden’s January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government’s microscope, say attorneys at Blank Rome.
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A Look At A Possible Corporate Transparency Act Exemption
Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.
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As EPA Backs Down, Expect Enviros To Step Up Citizen Suits
As President Donald Trump's U.S. Environmental Protection Agency draws down federal enforcement efforts, environmental groups will step into the void and file citizen suits — so companies should focus on compliance efforts, stay savvy about emerging analytical and monitoring methods, and maintain good relations with neighbors, say attorneys at Beveridge & Diamond.
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Emphasize Social Spaces During RE Project Public Review
As Boston continues to work through revisions to its public review process for real estate projects, developers attempting to balance impact mitigation and community improvements may benefit from emphasizing the ways in which development plans can facilitate open social exchange, says David Linhart at Goulston & Storrs.
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What Contractors Can Do To Address Material Cost Increases
In light of the Trump administration's plans to increase tariffs on Mexico, Canada and China, construction industry players should proactively employ legal strategies to mitigate the impacts that price increases and uncertainty may have on projects, says Brenda Radmacher at Seyfarth Shaw.