Commercial

  • July 30, 2025

    Maturing Proptech Sector Navigates Uncertain Times

    The volatility in the global economy this year has generated uncertainty within just about every industry, with no exception for property technology. Nonetheless, this subsector of the tech industry finds itself on relatively solid footing and with an overall positive outlook, according to professionals closely tracking its development.

  • July 30, 2025

    U.S. Co. Defends $1B Suit Over Nixed LNG Facility In Canada

    A U.S. company making a $1 billion claim against Canada over a stymied liquefied natural gas facility in Québec is urging an international tribunal not to toss the case on jurisdictional grounds, saying the country's objections are without merit.

  • July 30, 2025

    US Office Vacancy Rates Still Climbing, Colliers Says

    Vacancy rates across the U.S. office market are still rising, reaching a record-high of 18.4% nationwide in the second quarter of 2025, even as new construction levels hit 10-year lows, per a report from Colliers.

  • July 30, 2025

    NYC Mayor Revives Bally's $4B Bronx Casino Bid

    New York City Mayor Eric Adams vetoed a New York City Council vote that shot down gambling company Bally's Corp.'s bid to build a $4 billion resort and casino in the Bronx, saying Wednesday that a casino in the city "would bring good-paying union jobs and an economic boost to the surrounding community."

  • July 30, 2025

    Calif. Tribe Says 70-Acre Casino Land Fight Must Continue

    The Federated Indians of Graton Rancheria are fighting a bid by a fellow California tribe to pause their challenge to the U.S. Department of the Interior's decision to take 70 acres into trust for a casino project while a sovereign immunity order is appealed to the Ninth Circuit.

  • July 30, 2025

    Truist Triggered Employee Exodus, Not Ex-Execs, Court Told

    Three former executives who helmed the real estate finance arm of Truist Financial Corp. and their new employer are seeking a pretrial win in the bank's poaching case, telling a North Carolina state court judge they aren't to blame for Truist's alleged bad business decisions.

  • July 30, 2025

    Buddhist Group's Suit Against Everglades Project Advances

    A Florida Buddhist center's suit against an Army Corps of Engineers project in the Everglades will continue after a district court judge determined the center plausibly argued that the potential impacts of the project's construction didn't become clear until at least 2022.

  • July 30, 2025

    Wiggin And Dana Adds Real Estate Partner From Polsinelli

    Law firm Wiggin and Dana LLP said Vasiliki Yiannoulis-Riva has joined as partner from Polsinelli PC in its real estate, environmental, construction and facilities department.

  • July 30, 2025

    Family In Row With McCarter & English Wants $4.6M Set-Aside

    A deceased Connecticut shopping mall developer's family members want McCarter & English LLP and the estate of Laurence Rubinow, a lawyer with connections to the firm, to set aside $4.6 million in case they prevail in a lawsuit alleging mismanagement of the developer's estate and trust.

  • July 30, 2025

    Rising Star: Gibson Dunn's Eric Meer

    Eric Meer of Gibson Dunn & Crutcher LLP guided RXR Realty through major recapitalizations and loan modifications on New York City office properties amid a tight rate environment as the Manhattan office market continued to take a beating, earning him a spot among the real estate practitioners under age 40 honored by Law360 as Rising Stars.

  • July 30, 2025

    Rising Star: Jones Day's Garrett Gibson

    Garrett Gibson of Jones Day has notched several wins in notable construction cases, including a high-stakes dispute between a major contractor for the oil and gas sector and a petrochemical manufacturer in Texas, earning him a spot among construction law practitioners under age 40 honored by Law360 as Rising Stars.

  • July 30, 2025

    Terreno Unloads Fla. Industrial Portfolio For $82.3M

    Industrial real estate firm Terreno Realty Corp. said it has sold a portfolio of industrial properties in Doral, Florida, for $82.3 million.

  • July 30, 2025

    Cherry Hill Mortgage Adds New GC from NorthMark

    Real estate investment trust Cherry Hill Mortgage Investment Corp. announced that it has appointed a new general counsel who joins the company following a five-year stint at investment firm NorthMark Strategies.

  • July 30, 2025

    RealPage, Landlords Ask To Toss NJ's Antitrust Case

    RealPage and a group of building owners urged a New Jersey federal court to toss a case brought by state enforcers accusing them of scheming to use software to raise rents, calling it one in a series of "baseless" lawsuits that fails to allege there was any kind of conspiracy.

  • July 30, 2025

    Ore. Clarifies Info Disclosure For Enterprise Zone Tax Breaks

    Oregon specified which of a business's records are exempt from disclosure when applying for an enterprise zone property tax exemption and clarified eligibility requirements under a bill signed by the governor.

  • July 30, 2025

    DLA Global Real Estate Leader Eyeing Data Center Investment

    As investment funds reach the ends of their life cycles and have capital that must be deployed, funds are looking to pour that capital into U.S. data centers, among other asset classes, one of DLA Piper's global real estate leaders recently told Law360 Real Estate Authority.

  • July 30, 2025

    Calif. Residents Urge Justices To Take Up Jury Trial Question

    A group of Humboldt County, California, property owners is urging the U.S. Supreme Court to take up the group's appeal over the dismissal of its Seventh Amendment claim for a jury trial in a suit against the county alleging the county wrongly targeted the owners for illegal cannabis growth, saying the justices should reject the county's argument that the question is not ripe.

  • July 30, 2025

    Blackstone, Rudin Employees Among Victims Of NY Shooting

    A Blackstone real estate executive and an employee of property owner Rudin Management were among those killed in a mass shooting at a Midtown Manhattan office building on Monday.

  • July 29, 2025

    REIT Shareholders File 'Improper Lending' Suit Against Execs

    Two Arbor Realty Trust Inc. shareholders hit several of the real estate investment trust's executives, including its president and CEO Ivan Kaufman, with a derivative suit on Tuesday alleging they made the REIT use "improper lending practices" that saddled the company "with a severely distressed loan portfolio."

  • July 29, 2025

    Mass. Tax Board Cuts Lowe's Property Valuation For 3 Years

    A Lowe's store in Massachusetts was overvalued by town assessors for three years and is due reductions in property tax, the state's Appellate Tax Board said.

  • July 29, 2025

    Whitman Breed Says $6.5M Lease Current Despite Atty Exits

    A member of Connecticut law firm Whitman Breed Abbott & Morgan LLC on Tuesday testified that all payments are current under a $6.5 million lease governing its Greenwich headquarters, disputing a landlord's bid for a $3.8 million asset freeze to ensure future payments amid a wave of attorney exits.

  • July 29, 2025

    Meet The Retired Michigan Federal Judge Joining JAMS

    Sean F. Cox, the retired chief judge of the U.S. District Court for the Eastern District of Michigan who was part of the mediation team in Detroit's municipal bankruptcy, has joined alternative dispute resolution services provider JAMS.

  • July 29, 2025

    Verizon Inks Lease For HQ Move To Vornado's Penn 2 Tower

    Vornado Realty Trust on Tuesday said telecommunications company Verizon will move its New York headquarters to the landlord's office tower above Penn Station.

  • July 29, 2025

    Calif. Allows Retroactive Tax Exclusion For Solar Property

    California will allow the purchaser of a new property a three-year window to apply for a property tax exclusion for solar energy systems under a bill signed by Gov. Gavin Newsom.

  • July 28, 2025

    EXp Holdings Accused Of 'Bad Faith Inaction' In Del. Suit

    An attorney for stockholders of real estate brokerage eXp World Holdings Inc. told Delaware's chancellor Monday the company's response to long-running sexual assault allegations was an example of "bad faith inaction" rather than good faith responses.

Expert Analysis

  • Measuring And Mitigating Harm From Discriminatory Taxes

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    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.

  • Addressing Tariff Price Escalation In Construction Contracts

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    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.

  • How The CRE Industry Is Adapting To Tariff Uncertainty

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    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.

  • Reconciling 2 Smoke Coverage Cases From California

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    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.

  • Contractor Remedies Amid Overhaul Of Federal Spending

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    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.

  • Contract Disputes Recap: Terminations Galore

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    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.

  • Making The Opportunity Zones Program Great At Last

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    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.

  • Investor Essentials For Buying Federally Owned Property

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    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.

  • How 2025 Is Shaping The Future Of Bank Mergers So Far

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    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.

  • Why NY May Want To Reconsider Its LLC Transparency Law

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    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.

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

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    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.

  • How GSA Lease Clauses May Affect DOGE Terminations

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    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.

  • What SDNY Judge Can And Can't Do In Adams Case

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    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.