Commercial

  • July 07, 2025

    Fla. Firm Advises Blackstone's $200M Gulf Coast Resort Buy

    Blackstone agreed to pay $200 million to acquire a Gulf Coast resort, with Florida-based Farr Law Firm advising seller Allegiant Travel Co.

  • July 07, 2025

    Steward Health Reaches $15.5M Deal With Fla. Hospital Buyer

    Hospital operator Steward Health Care told a Texas bankruptcy judge Monday it had reached a deal with the buyer of eight of its hospitals to resolve claims over $55 million in disputed Medicaid payments, with Steward expected to recoup $15.5 million as part of the agreement.

  • July 07, 2025

    Maine Authorizes Task Force To Explore Property Tax Changes

    Maine authorized the creation of a task force to explore the need for legislation and constitutional amendments to provide more effective property tax relief for residents under a bill signed by the governor.

  • July 07, 2025

    Tishman Speyer Lands $385M Refi For NYC Office Tower

    Tishman Speyer landed a $385 million refinancing of its Class A office property at 300 Park Ave., two years after its commercial mortgage-backed securities loan was sent to special servicing, the property owner announced Monday.

  • July 07, 2025

    NY Firm Guides Power Authority On $206M Queens Site Buy

    The New York Power Authority, advised by Bleakley Platt & Schmidt LLP, has completed a $206 million acquisition of a former Queens power plant site from a BP affiliate, with the purchase intended to bolster clean energy infrastructure.

  • July 03, 2025

    NY Landlord Sues Walmart, Others In Del. Alleging Fraud

    A New York City landlord sued Walmart Inc. and the bankruptcy successor to Bonobos Inc. in Delaware's Court of Chancery late Thursday, asserting hundreds of million in claims and compensatory and punitive damages under both Delaware and New York law arising from an allegedly fraudulent transfer of a Fifth Avenue retailer's lease and obligations.

  • July 03, 2025

    Gov't Must Still Face Claim In Calif. Shipyard Cleanup Suit

    A California federal judge on Thursday granted the U.S. government's bid to trim some claims from a suit challenging aspects of the Hunters Point Naval Shipyard Superfund site cleanup in San Francisco, but not all of them.

  • July 03, 2025

    Fla. Court Rejects Oral Pact Cutting Loan Interest To 7%

    A Florida state appeals court has sided with a Nevada-based lender, reversing an oral agreement to reduce interest on a $2.6 million loan from 25% to 7%, saying such agreements must be in writing.

  • July 03, 2025

    Kentucky Accuses RealPage, Landlords Of Price-Fixing Rents

    Kentucky has accused property management software company RealPage Inc. and multiple landlords of engaging in rent price-fixing, lodging similar antitrust claims against RealPage as the federal government, the District of Columbia and New Jersey.

  • July 03, 2025

    The Firms That Won Big At The Supreme Court

    The number of law firms juggling three or more arguments before the U.S. Supreme Court this past term nearly doubled from the number of firms that could make that claim last term.

  • July 03, 2025

    Residents Urge Judge To Redo Ruling Backing Alaska Casino

    A group of Anchorage, Alaska, residents opposed to a plan to build a casino urged a federal judge to reconsider a ruling finding the Native Village of Eklutna has sovereign immunity and can't face a lawsuit seeking to block the development plan.

  • July 03, 2025

    Breaking Down The Vote: The High Court Term In Review

    The U.S. Supreme Court once again waited until the term's closing weeks — and even hours — to issue some of its most anticipated and divided decisions.

  • July 03, 2025

    EQT Fund Snaps Up Calif. Industrial Portfolio

    EQT Real Estate's industrial fund acquired a 2.04 million-square-foot portfolio of four fully leased, Class A modern logistics facilities in Manteca, California, the real estate arm of EQT Group announced.

  • July 02, 2025

    As Senior Housing Evolves, Zoning Plays Catch-Up

    Developing senior housing projects includes a number of unique legal complexities, according to land use attorneys. Zoning codes don’t always reflect modern senior housing, and projects must sometimes overcome community opposition. In response to a growing need, some cities and states are encouraging denser senior housing development.

  • July 02, 2025

    How CEQA Reforms Address California's Housing Squeeze

    California lawmakers on Monday enacted a new set of escape routes to the California Environmental Quality Act, the state law blamed for constricting housing development to a crisis point. Experts told Law360's Real Estate Authority that while the changes could speed permit processing in some cases, previous attempts to spur housing development by easing CEQA restrictions have proven ineffective.

  • July 02, 2025

    Construction Co.'s Unit Wins $220M Casino Expansion Deal

    A subsidiary of construction company Tutor Perini Corp. won a $220 million contract from the Tule River Indian Tribe's gaming authority to expand the tribe's Porterville, California, casino by building a new tower and events center.

  • July 02, 2025

    6 States Attys Are Watching For Data Center Energy Policy

    Lawmakers and regulators across the country are mulling new policies to address data center energy needs, and while Virginia tends to get a lot of attention on the issue, several other states are also worth keeping tabs on for possible rule changes, according to attorneys.

  • July 02, 2025

    Local Restrictions In New Fla. Hurricane Law Cause Friction

    The Florida Senate hailed the signing late last week of a wide-ranging bill aimed at bolstering the state's handling of hurricanes, but a legal battle could lie ahead, as Gov. Ron DeSantis provided his signature over objections that portions will trample on local governments' authority to regulate land use and development in their own communities.

  • July 02, 2025

    Judge Backs Forest Service In Idaho Logging Project Dispute

    An Idaho federal judge has tossed Rocky Mountain conservation advocates' lawsuit alleging the U.S. Forest Service failed to properly analyze impacts on animal species when it approved a logging and construction project in the Idaho panhandle.

  • July 02, 2025

    Charter School Funder Gets Nod For $5M Ch. 11 Financing

    A Delaware bankruptcy judge said he would grant interim approval to a $5 million debtor-in-possession loan for Charter School Capital Inc., a company that provides funding for charter schools across the country, as it seeks to sell its business by the end of the month.

  • July 02, 2025

    Legal Sector Sees Record Leases As Firms Eye Premium Digs

    Law firm office leasing is off to a red-hot start in 2025, signaling "a long-term commitment to high-quality real estate" in the legal sector even as other industries have reduced their office footprints due to technology and pandemic-driven disruptions, according to a new report.

  • July 02, 2025

    Fried Frank Guides Industrial Portfolio Recapitalization

    Real estate investment firm and developer Crow Holdings, advised by Fried Frank Harris Shriver & Jacobson LLP, recapitalized a 6 million-square-foot, 25-property industrial portfolio with Blackstone-affiliated funds, according to a Tuesday announcement from Newmark Group, which provided guidance for the recapitalization.

  • July 02, 2025

    Norton Rose Hires K&L Gates Real Estate Ace In LA

    Norton Rose Fulbright is building on its California footprint, announcing Wednesday it is bringing in a K&L Gates LLP real estate pro as a partner in its Los Angeles office.

  • July 02, 2025

    Investor Says Houston Apt. Owner Diverted $17M In Proceeds

    An investor controlled by bridge lender KHCA Funding LLC has filed suit against the owner and operator entities of a multifamily building in Houston, alleging that $17.6 million in investment proceeds it was due were improperly diverted elsewhere by the company.

  • July 02, 2025

    What '80s Rock Tells Us About Commercial Real Estate Today

    In its 1980s hit "Here I Go Again," recorded three times over a period of five years, the rock group Whitesnake declares: "I don't know where I'm going, but I sure know where I've been."

Expert Analysis

  • Conn. Ruling Highlights Keys To Certificate-Of-Need Appeals

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    The Connecticut Supreme Court's recent decision in High Watch Recovery Center v. Department of Public Health, rejecting rigid application of statutes concerning certificate-of-need procedure, provides important guidance on building an administrative record to support a finding that a case is contested, say attorneys at Robinson & Cole.

  • Pickleball Makes Waves In Fla. Real Estate, With Risks In Play

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    Pickleball's burgeoning popularity in Florida is catalyzing a transformation in the state's commercial real estate market, but investors must take steps to navigate legal challenges related to noise, insurance and community dynamics, says Emmanuelle Litvinov at DarrowEverett.

  • 4 Business-Building Strategies For Introvert Attorneys

    Excerpt from Practical Guidance
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    Introverted lawyers can build client bases to rival their extroverted peers’ by adapting time-tested strategies for business development that can work for any personality — such as claiming a niche, networking for maximum impact, drawing on existing contacts and more, says Ronald Levine at Herrick Feinstein.

  • What Calif. Pot Permit Ruling Means For Enviro Compliance

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    While a California appeals court's recent decision in Lucas v. City of Pomona affirms the city's use of a statutory exemption for its commercial cannabis overlay permit program, the ruling does not mean that all applicants seeking similar approvals are exempted from state environmental compliance obligations, say Whitney Hodges and Barbara Machado at Sheppard Mullin.

  • Rare Reg A+ Fines Reflect New Era Of SEC Enforcement

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    The U.S. Securities and Exchange Commission's recent announcement of civil penalties against 10 microcap companies for violations of Regulation A+ shows that as the SEC continues to expand its enforcement efforts, its focus remains on protecting investors of all sizes — including those investing in the historically less-scrutinized Reg A+ issuers, say attorneys at Crowell & Moring.

  • Factors To Consider When Structuring Data Center Contracts

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    Data center leases and service agreements grant very similar rights and impose similar obligations, but they also hold notable differences and a range of factors that are important to consider when selecting which form of agreement to use, say attorneys at Mayer Brown.

  • Rethinking Mich. Slip-And-Fall Defense After Top Court Ruling

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    The Michigan Supreme Court recently overturned three decades of premises liability jurisprudence by ruling that the open and obvious danger defense is no longer part of a traditional duty analysis, posing the question of whether landowners will ever again win on a motion for summary dismissal, say John Stiglich and Meriam Choulagh at Wilson Elser.

  • Subchapter V Eligibility Ruling Raises Uncertainty For Tenants

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    A Virginia bankruptcy court’s recent ruling in Macedon Consulting — that all remaining rent under a lease should be factored into a lessee's Subchapter V eligibility — raises the question, but does not address, how a court should calculate the amount of debt owed under a lease, creating significant risk for potential tenant debtors, says Sam Ashuraey at Ashuraey Law.

  • Parsing Tax Implications Of NYC Office Leasing Transactions

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    Though New York City's tax laws generally do not require negotiated contractual risk allocation in the case of sublease and early lease termination transactions, it is still helpful for counsel to both landlords and tenants to understand the laws' nuances, say attorneys at Lowenstein Sandler.

  • NY's Take On Premises Insurance Policies: What's In A Name?

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    A New York appellate court's recent decision in Wesco Insurance v. Fulmont Mutual Insurance — requiring insurance coverage for a property owner not named on the policy — strengthens a state case law trend creating a practical exception in premises liability cases to normally strict requirements for coverage, says Craig Rokuson at Traub Lieberman.

  • Bankruptcy Ruling Shows Section 363's Magic Has Its Limits

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    The Ninth Circuit Bankruptcy Appellate Panel's recent ruling in Groves demonstrates that Section 363 — which allows a debtor-in-possession to sell their property in order to generate cash — fails as a tool when it’s used to turn a nondebtor entities' property into property of a debtor's bankruptcy estate, says Brian Shaw at Cozen O'Connor.

  • Shifts In The CRE Landscape Demand Creative Loan Solutions

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    An increase in commercial real estate loan workouts makes it critical for borrowers, lenders and other CRE participants to examine all the available options and remedies, including mortgage and mezzanine foreclosures, bankruptcy filings and property short sales, say attorneys at Goulston & Storrs.

  • A Smoother Process For CRE Receiverships In Conn.

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    A newly effective Connecticut law concerning distressed commercial real estate provides a number of opportunities and strategic considerations for creditors, and should be watched even by counsel in other states as adoption of the law could become more widespread, say John Loughnane and Steven Coury at White and Williams.