Commercial
-
August 04, 2025
Simpson Thacher-Led Carlyle Snags $9B For Real Estate Fund
Carlyle, advised by Simpson Thacher & Bartlett LLP, raised $9 billion for its 10th fund targeting opportunistic real estate investments, surpassing its previous fund for the same strategy, despite a general slowdown in fundraising across the commercial property sector, according to a Monday announcement.
-
August 04, 2025
Lathrop GPM Opens Renovated St. Cloud, Minn., Office Space
Lathrop GPM LLP announced Monday that its updated St. Cloud, Minnesota, office is now open after the 8,511-square-foot space was recently renovated.
-
August 04, 2025
Cold Storage Co. Duped Investors Before 2024 IPO, Suit Says
A pension fund has sued Lineage Inc., a cold-storage real estate investment trust, and several of its executives in Michigan federal court over the company's initial public offering, the largest of 2024, alleging the REIT and its top brass misled investors about softening demand and unsustainable pricing.
-
August 04, 2025
Real Estate Lawyers On The Move
Holland & Hart, Davis Hartman Wright and Hahn Loeser are among the law firms that have made recent real estate or construction hires.
-
August 04, 2025
Arnold & Porter Expands On West Coast With K&L Gates Team
Arnold & Porter Kaye Scholer LLP is continuing to grow on the West Coast, announcing Monday that it has added seven lawyers from K&L Gates LLP to its newly launched Seattle office and one to its Los Angeles location.
-
August 04, 2025
Walker & Dunlop Lines Up $105M Refi For Nashville High-Rise
Walker & Dunlop Inc. lined up $105 million in refinancing provided by Nuveen for a 356-unit, mixed-use high-rise in Nashville, Tennessee, the commercial real estate finance and advisory services firm announced Monday.
-
August 04, 2025
Texas Bill Seeks Lower Voter-Approval Property Tax Rate
Texas would reduce its voter-approval property tax rate, or the rate that a local government unit may adopt without voter approval, for large taxing units under a bill introduced in the state Senate.
-
August 04, 2025
Gibson Dunn Guides $320M Loan For NYC Office Conversion
An affiliate of Bushburg received a $320 million construction loan for an office-to-residential conversion in New York City's Financial District, in a deal guided by Gibson Dunn & Crutcher LLP, per county property records.
-
August 04, 2025
NYC Real Estate Week In Review
Greenberg Traurig and Cole Schotz are among the law firms that landed work on the largest New York City deeds that hit public records last week, with multiple entity transfers by a New Jersey management company topping the list.
-
August 01, 2025
Land Claimant Urges No New Trial In $30M Cuba Resort Case
The claimed owners of the Cuban barrier island Cayo Coco urged a Florida federal judge Thursday to deny a new trial to Expedia Group, Orbitz and Hotels.com after a jury awarded $29.85 million on findings that the booking sites engaged in prohibited trafficking by taking reservations for resorts on land seized by Fidel Castro's government.
-
August 01, 2025
Del. Bankruptcy Judge Will Retain Ga. Dorm Operator's Ch. 11
A Delaware bankruptcy judge refused to move the Chapter 11 bankruptcy of dorm operator Corvias Campus Living-USG LLC to Georgia, entering an order Friday denying a bid by the University System of Georgia's board of regents to relocate the proceedings.
-
August 01, 2025
7th Circ. Tosses Rehab's Zoning Row With Ind. Town
The Seventh Circuit affirmed an Indiana town's win on Friday in an Americans with Disabilities Act and Rehabilitation Act suit lodged by companies that wanted to convert a local nursing home into a rehab facility.
-
August 01, 2025
Long Island Castle Owner Files Ch. 11 To Stall Foreclosure
The owner of a century-old castle on Long Island's Gold Coast filed for Chapter 11 protection late Thursday in New York bankruptcy court, saying it wants to stop a foreclosure sale being forced by its mortgagee lender so the debtor can run a sale process of its own.
-
August 01, 2025
Dallas Office Tower Sells For $218M, Setting 2025 High Mark
Cousins Properties has purchased a 292,000-square-foot office property for $218 million, marking the Dallas-Fort Worth area's largest property sale of 2025, broker Newmark Group announced.
-
August 01, 2025
Public Storage Sees Bounceback From LA Rent Restrictions
Public Storage executives told shareholders during an earnings call that the self-storage real estate investment trust expects its business in the Los Angeles area to pick back up after the local government lifts rental restrictions imposed after the January wildfires.
-
August 01, 2025
Texas Bill Seeks Permanent Limit For Property Tax Increases
Texas would establish a permanent cap on increases in the appraised value of real property other than residence homesteads for property tax purposes if voters approve a proposed constitutional amendment authorizing the cap, as part of legislation filed in the state House of Representatives.
-
August 01, 2025
Most Of Property Co.'s Hailstorm Insurance Fight Tossed
A property investment company can raise nearly none of its claims against its insurer for hailstorm damage from 2019 and 2023, a North Carolina federal court ruled, finding that because claims concerning the 2019 storm are time-barred, those corresponding documents can't support much of the 2023 claims.
-
August 01, 2025
4 Mass. Rulings You May Have Missed In July
A cannabis company in the process of going out of business cannot rely on a state court receivership to shield it from creditors in other states, and the owners of shuttered Norwood Hospital can't renew an expired permit issued to bankrupt Steward Health.
-
August 01, 2025
Ex-Partner Of Seiden & Schein Says Firm Is Scapegoating Him
A former shareholder and director of the dissolved New York City real estate law firm Seiden & Schein PC hit back at its $25 million suit accusing him of poaching clients and employees and stealing confidential information, claiming in New York state court that the case is a "calculated" attempt to "smear" him and make him a "scapegoat."
-
August 01, 2025
Data Center Companies Go Big On Fundraising, Growth
Digital Realty Trust and Equinix are pursuing lofty fundraising goals and extensive development projects as they look to capitalize more on demand for digital infrastructure for cloud-computing, networking and artificial intelligence technology, executives said in recent earnings calls.
-
August 01, 2025
A Dive Into Trump's 'Build, Baby, Build!' Plan For Data Centers
President Donald Trump's plan to snip red tape for data center projects targets environmental laws that have long been known to prompt delays and uncertainties for investors, but some questions remain over how the deregulatory actions will take shape and when.
-
July 31, 2025
Top Property Insurance Decisions So Far In 2025
A U.K. decision over coverage for Russian-seized aircraft and a Second Circuit ruling in favor of international insurers seeking to arbitrate hurricane damage claims are among some of the biggest decisions in the property insurance space so far in 2025.
-
July 31, 2025
Calif. Resort Developer Gets 2 More Weeks Of Ch. 11 Funding
An insolvent company that developed a resort and other properties in California told a Delaware bankruptcy judge on Thursday that it had cobbled together two more weeks of Chapter 11 financing, avoiding for now a dismissal or conversion of its case to a Chapter 7 liquidation.
-
July 31, 2025
CGL Cases To Watch In The Second Half Of 2025
Federal and state courts continue to weigh litigation involving public nuisance, long-tail environmental and sexual abuse claims. Here, Law360 breaks down some of the blockbuster commercial general liability insurance cases to follow in the second half of the year.
-
July 31, 2025
Casino Developer Must Stay In Involuntary Ch. 7, Judge Finds
A Delaware bankruptcy judge has refused to throw out or convert the involuntary Chapter 7 proceedings launched against the onetime hopeful developer of a casino in Mississippi, concluding the creditors that forced it into bankruptcy did not act in bad faith.
Expert Analysis
-
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.
-
2024 IPO Market Trends, And What To Expect Next Year
The initial public offering market returned to historically typical levels on a deal count basis in 2024 but continued to lag based on proceeds raised due to a larger number of smaller IPOs this year, and signs point to continued ongoing momentum in the next year, say attorneys at Paul Hastings.
-
Adapting Force Majeure To A Predictably Unpredictable World
As the climate and political landscapes get more complicated, force majeure provisions will likely be triggered increasingly often, demanding an evolving understanding of when events and their impacts are truly unforeseeable, say attorneys at Nossaman.
-
Impact Of Corporate Transparency Act Ambiguity On Banks
Even though banks generally needn't file beneficial ownership information reports, financial institutions must continue to monitor the status of the Corporate Transparency Act and understand its requirements in case the nationwide injunction that was issued against the CTA earlier this month is overturned, say attorneys at Armstrong Teasdale.
-
Green Projects Face States' Foreign Land Ownership Limits
As states impose restrictions and disclosure requirements around foreign investment in agricultural land — in some cases piggybacking on existing federal rules — renewable energy developers and investors must pay close attention to how the rules vary, says Daniel Fanning at Husch Blackwell.
-
How Landlords Can Navigate Cannabis-Related Leases
As the cannabis industry continues to rapidly grow, landlords should consider a variety of lease terms and operational details that may help mitigate uncertainty involving federal laws, zoning restrictions and tax implications, says Kyla Baker at Holland & Knight.
-
Lights, Camera, Real Estate: Preparing For Film Facility M&A
As the entertainment industry struggles to recover from multiple strikes and a decline in production, certain aspects of selling or acquiring production facilities may become important to consider, as these assets are valued very differently from typical commercial real estate properties, say attorneys at Olshan Frome.
-
Corporate Liability Issues To Watch In High Court TM Case
The U.S. Supreme Court will hear arguments in a trademark dispute between Dewberry Group and Dewberry Engineers next week, presenting an opportunity for the court to drastically alter the fundamental approach to piercing the corporate veil, or adopt a more limited approach and preserve existing norms, say attorneys at Bracewell.