Commercial
-
August 19, 2025
LaSalle Raises $700M For Multifamily, Industrial Debt Strategy
LaSalle Investment Management has secured $700 million for its "open-ended real estate debt strategy" focusing on providing senior floating-rate loans worth $25 million to $75 million for "multifamily and multitenant industrial properties" in the U.S., the company said.
-
August 18, 2025
Catching Up With Delaware's Chancery Court
Executives and board members of Cencora Corp. tentatively settled a stockholder derivative suit for $111.25 million, VectoIQ board members reached a $6.3 million deal on stockholder claims over electric carmaker Nikola's prospects, and class attorneys who secured a $50 million derivative suit settlement saw their proposed 25% attorney fee cut by almost half. Here's the latest from the Delaware Chancery Court.
-
August 18, 2025
NY Cannabis Regulators Sued Over Proximity Rule Change
New York cannabis dispensaries are suing state regulators claiming they have changed the minimum distance their businesses need to be from a school and ordered them to move or lose their licenses, threatening millions of dollars in investments and the "life savings" of many entrepreneurs.
-
August 18, 2025
Insurer, Kennel Settle Coverage Dispute Over Nuisance Claims
A Hanover unit and a dog kennel have resolved a dispute over coverage for an underlying suit alleging that the kennel's expansion interfered with a Golden State community's rights of possession, according to a California federal court filing.
-
August 18, 2025
Latham Hires DLA Piper Real Estate Lawyer In Chicago
Latham & Watkins LLP has hired a former DLA Piper real estate partner in Chicago who focuses his practice on helping clients develop data centers and other infrastructure for the digital technology industry, the firm announced Monday.
-
August 18, 2025
HSF Kramer Guides $125M CUNY Manhattan Leasehold Buy
The City University of New York has bought a leasehold interest in several commercial condominium units at a student housing property in Midtown Manhattan in a more than $125 million deal guided by Herbert Smith Freehills Kramer LLP, according to official property records.
-
August 18, 2025
Members Accuse NC Golf Club Of Pushing $20M Renovation
The board of governors at a private Charlotte golf club is trying to undercut its members by forcing a more than $20 million clubhouse renovation after they voted against it, according to a complaint designated Monday to the North Carolina Business Court.
-
August 18, 2025
Progressive Must Cover $6M Title Insurer Judgment, Mall Says
Progressive must cover a more than $6 million judgment against a title insurance agency that Progressive insured, the owner of a New Jersey shopping center told a Pennsylvania state court, arguing that Progressive-appointed counsel rejected prior settlement opportunities in bad faith.
-
August 18, 2025
5 Firms Guide Soho House $2.7B Take-Private Deal With MCR
Soho House & Co. Inc. announced Monday that it has inked a take-private deal with hotel operator MCR that values the company at $2.7 billion.
-
August 18, 2025
McCarter & English Fights Family's Bid For $4.6M Set-Aside
Family members of a deceased Connecticut shopping mall developer are not entitled to a $4.6 million damages placeholder in an asset mismanagement lawsuit against McCarter & English LLP, the law firm and an attorney's estate are arguing in opposing the demand in state court.
-
August 18, 2025
Texas Special Session To Include Cutting Property Taxes
Texas Republican Gov. Greg Abbott called for a special legislative session to address 19 orders of business, including reducing property tax burdens.
-
August 18, 2025
Real Estate Co. Douglas Elliman Hires Ex-Sidley Atty As GC
Douglas Elliman Inc. hired a former Sidley Austin LLP counsel as its general counsel in its Miami office, according to a U.S. Securities and Exchange Commission filing posted by the real estate services company.
-
August 18, 2025
Polsinelli Guides $177M Loan For Las Vegas Casino, Hotel
Peachtree Group, guided by Polsinelli PC, has closed a deal in which it will originate $176.5 million in retroactive clean energy financing for the Rio Hotel & Casino in Las Vegas, the investment management firm announced Monday, describing the transaction as one of the "largest" of its kind in the U.S.
-
August 18, 2025
Del. OKs Property Tax Installment Payments, Refund Change
Delaware made property tax changes, including allowing installment payments and changing refund rules, under bills signed by the governor.
-
August 18, 2025
Del. Codifies Counties' Power To Tax Property By Class
Delaware codified in statute the authority of counties and municipalities to impose separate tax rates on different classes of real property under legislation signed by the governor.
-
August 18, 2025
Judge Dismisses Calif. Resort Developer's Ch. 11
A Delaware bankruptcy judge on Monday dismissed the Chapter 11 case of an insolvent company that developed a resort and other properties in California, after months of the company pursuing either a structured foreclosure in Chapter 11 or a global resolution.
-
August 18, 2025
3rd Circ. Backs Pittsburgh In Row Over Zoning Board Conflict
The Third Circuit has backed the dismissal of a mixed-use project developer's million-dollar lawsuit against the Pittsburgh Zoning Board of Adjustment over variance delays caused by a conflict of interest dispute, saying its due process rights weren't violated.
-
August 15, 2025
NJ Watchdog Fights File Disclosure In Hospital Antitrust Suit
The New Jersey State Commission of Investigation on Thursday challenged a federal judge's refusal to protect investigative materials that RWJBarnabas Health Inc. wants to subpoena as it defends an antitrust suit by CarePoint Health Systems Inc., arguing the ruling violates precedent giving such records the same secrecy protections as grand jury materials.
-
August 15, 2025
Ohio Justices Back Landlord In Speedway Store Leases Suit
The Ohio Supreme Court has sided with a landlord embroiled in a lease renewal dispute with a tenant that subleased 24 properties to major convenience store chain Speedway LLC, ruling that the tenant didn't make a mistake when it negligently failed to renew its leases on time.
-
August 15, 2025
9th Circ. Affirms Dismissal Of Vegas Casino Room Rate Case
The Ninth Circuit rejected an appeal on Friday from guests seeking to revive their antitrust case accusing Las Vegas casino-hotel operators of using a vendor's software to inflate room rates, finding that the pricing service helps the hotels compete.
-
August 15, 2025
Zips Car Wash Landlords Deny Ch. 11 Assumption Of Leases
Two landlords of Zips Car Wash said in a Texas federal district court that its lease with the debtor was properly terminated for missed payments and the company should have vacated the properties, challenging the bankruptcy court's decision allowing Zips to assume the leases.
-
August 15, 2025
New Jersey AG Slams Power Broker's 'Flawed' Appeal Brief
South Jersey power broker George Norcross used a flawed argument in pushing back against New Jersey's effort to revive a dismissed criminal case against him, Attorney General Matthew Platkin has argued in a reply brief filed in state appellate court.
-
August 15, 2025
Bankrupt NJ Office Building Gets OK For $26M Sale
A New York bankruptcy judge on Thursday approved the sale of a New Jersey office building for $26 million, a higher price than that offered by the stalking horse bidder, which will get a $215,000 breakup fee.
-
August 15, 2025
Ind. Town, Developer Settle Dispute Over Old Colgate Factory
An Indiana town, a developer and the county treasurer have settled their dispute over more than 40 acres of property that included a defunct, historic Colgate-Palmolive factory, according to a joint stipulation filed in Indiana federal court.
-
August 15, 2025
Exec Snared In Now-Dismissed Eric Adams Case Avoids Jail
A wealthy construction executive who admitted illegally funneling over $12,000 into the 2021 campaign of New York City Mayor Eric Adams avoided prison on Friday at a sentencing that followed the government's decision not to proceed against the mayor himself.
Expert Analysis
-
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.
-
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.
-
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.
-
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.
-
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.
-
Reg Waiver Eases Calif. Rebuilding, But Proceed With Care
California Gov. Gavin Newsom's executive order suspending some environmental review and permitting requirements for the reconstruction of homes and businesses damaged by recent wildfires may streamline rebuilding efforts, but will require careful navigation of the evolving regulatory landscape, says Gregory Berlin at Alston & Bird.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.