Commercial

  • 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.

  • 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.

  • 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.

  • 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.

  • November 10, 2025

    NYC Real Estate Week In Review

    Konner Gershburg Melnick Darouvar LLP and Okin Edelman PC guided the biggest New York City real estate deals made public last week, including the sale of a former school and adjoining Gilded Age mansions formerly owned by The Met.

  • November 10, 2025

    Hotel Operator Sonder Announces Wind-Down, Liquidation

    San Francisco-based hotel company Sonder said Monday it will immediately wind down operations and file for a Chapter 7 liquidation, one day after Marriott announced it ended an affiliation the hotel chain began with Sonder a year earlier.

  • November 10, 2025

    Harco Dodging $3.5M Bond Obligation, Construction Co. Says

    Harco National Insurance Co. breached an insurance contract by refusing a Skanska Balfour Beatty construction venture's request to cover a nearly $3.5 million bond over a subcontractor's alleged lapses while working on a Washington state project, according to a lawsuit removed to federal court Friday.

  • November 10, 2025

    Insurers Must Produce Docs In Hotel Co.'s COVID Dispute

    Property insurers for luxury hotel chain Mandarin Oriental can't undo rulings forcing them to turn over documents related to their reserves, but may apply additional redactions to certain privileged legal advice, a New York federal court ruled in a dispute over COVID-19 business interruption losses.

  • November 10, 2025

    McCarter & English Estate Suit Paused Amid 'Duplicative' Case

    A Connecticut state judge has declined to dismiss a lawsuit accusing McCarter & English LLP and a now-deceased attorney of mismanaging a mall developer's estate, which the firm argued is a duplicate of another pending action, but instead paused it while the first suit proceeds to a judgment.

  • November 10, 2025

    Vantage Data Centers Plans $2B Fredericksburg, Va., Campus

    Vantage Data Centers is working on a $2 billion, 192 megawatt data center campus that will be the fourth Virginia data center campus that the company has built, the company announced last week.

  • November 10, 2025

    Wis. Bill Seeks Sales, Income Tax Breaks For Nuclear Energy

    Wisconsin would establish a sales and use tax exemption and an income and franchise tax credit for nuclear energy facilities under a bill introduced in the state Assembly.

  • November 07, 2025

    Wash. Justices To Review Cafe Fire Insurance Dispute

    The Washington Supreme Court will review a state appeals court's decision finding that a Liberty Mutual unit owes no coverage over a restaurant kitchen fire because of the building owners' failure to fully comply with protective safeguard requirements in their policy.

  • November 07, 2025

    'Mamdani Effect' Spurs Debate At Miami Real Estate Event

    Buzz that Zohran Mamdani's win in the New York City mayoral race could trigger a new wave of migration to South Florida ran through a real estate event in Miami that followed his election night win — although a number of industry experts urged more measured expectations.

  • November 07, 2025

    Developer Five Star Gets Interim OK For $6M Ch. 11 Loan

    Luxury resort developer Five Star Development LLC can access $6 million of Chapter 11 financing after a Texas bankruptcy judge granted interim approval to the package over the objection of a prepetition lender, which proposed a competing offer.

  • November 07, 2025

    Telecom Co. Held In Contempt Over Docs In Tower Dispute

    A New York federal judge found telecommunications tower company DT Holdings Inc. in contempt this week for failing to produce documents related to a Guatemalan court fight that resulted in the seizure of 163 towers worth more than $20 million.

  • November 07, 2025

    NYC Housing Ballot Measures Are Game Changing

    New York City voters approved three ballot measures on Election Day that land use attorneys say have the potential to transform how housing is produced across the five boroughs, opening up areas of the city that were previously off-limits for development.

  • November 07, 2025

    Vegas Hotels Say 9th Circ. Shouldn't Rethink Price-Fixing Suit

    Several Las Vegas hotel operators, two software companies and Blackstone all told the Ninth Circuit to reject a rehearing petition for its August decision for a proposed price-fixing class action that accused hotel operators and Blackstone of conspiring to use the software companies' GuestRev software to set prices for Las Vegas hotel rooms.

  • November 07, 2025

    Construction Co. Escapes $1.7M Conn. Housing Project Suit

    A Connecticut federal judge has sided with a construction services company that was accused in a more than $1.7 million dispute of violating wood frame materials and laborer agreements for a New Haven housing development project.

  • November 07, 2025

    Cole Schotz Adds Veteran Real Estate Atty In Dallas

    Cole Schotz PC announced that a Dallas-based real estate attorney with over 25 years of experience has joined the firm as a member.

  • November 07, 2025

    Polsinelli Continues Real Estate Growth With Fried Frank Atty

    Polsinelli PC announced another addition to its real estate team this week, welcoming a New York attorney from Fried Frank Harris Shriver & Jacobson LLP who represents institutional lenders, financial institutions and real estate investment companies.

  • November 07, 2025

    Big Brokers Say Office, Industrial Leasing Driving Q3 Gains

    Commercial real estate executives reported steady revenue growth in the third quarter of 2025, buoyed by strong leasing activity across the office and industrial sectors that, in some cases, set records among the major brokers.

  • November 07, 2025

    Jury Awards $1M In Family Feud Over Trucking Co. Assets

    A jury in Miami awarded $1 million to the estate of a man who owned a trucking company that was stripped of its assets by family members after his death.

  • November 06, 2025

    Luxury Developer Five Star Told To Review Competing DIP

    At a first-day hearing Thursday, a Texas bankruptcy judge asked debtor Five Star Development LLC to consider an alternative Chapter 11 financing package from a prepetition lender it has accused of fraud and return to court Friday.

  • November 06, 2025

    AI-Powered Parking Lot Startup Metropolis Raises $1.6B

    Parking payments artificial intelligence company Metropolis Technologies Inc. on Thursday revealed that it reached a $5 billion valuation after raising $1.6 billion of debt and equity fundraising.

  • November 06, 2025

    4 Firms Guide Go-Private Deal, $1.16B Casinos Sale

    Gaming and hospitality company Golden Entertainment Inc.'s CEO Blake L. Sartini and affiliates have agreed to buy the company's operating assets, while real estate investment trust VICI Properties Inc. also agreed to pay $1.16 billion for a seven-property Golden Entertainment portfolio, Golden Entertainment and VICI announced Nov. 6.

Expert Analysis

  • How Trump's Trade Policies Are Shaping Foreign Investment

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    Five months into the Trump administration, investors are beginning to see the concrete effects of the president’s America First Investment Policy as it presents new opportunities for clearing transactions more quickly, while sustaining risk aversion related to Chinese trade and potentially creating different political risks, say attorneys at Covington.

  • Bill Leaves Renewable Cos. In Dark On Farmland Reporting

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    A U.S. Senate bill to update disclosure requirements for foreign control of U.S. farmland does not provide much-needed guidance on how to report renewable energy development on agricultural property, leaving significant compliance risks for project developers, say attorneys at Hodgson Russ.

  • Observations On 5 Years Of Non-Notified CFIUS Inquiries

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    Since 2020, the Committee on Foreign Investment in the United States has identified and investigated covered cross-border transactions not formally notified to CFIUS, and a look at data from 50 non-notified matters during that time reveals the general dynamics of this enforcement function, say attorneys at Cooley.

  • How States Are Taking The Lead On Data Center Regulation

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    While support for data center growth is a declared priority for the current administration, federal data center policy has been slow to develop — so states continue to lead in attracting and regulating data center growth, say attorneys at Steptoe.

  • Texas Bill Could Still Boost Property Rights In Gov't Disputes

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    The passage of a bill in Texas that would provide litigants with access to a greater swath of judicial remedies in immunity disputes with government entities and officials would be an invaluable boon for property rights, says Nathan Vrazel at Munsch Hardt.

  • Indemnity Lessons From Mass. Construction Defect Ruling

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    The Massachusetts high court's decision in Trustees of Boston University v. CHA, holding that a bespoke contractual indemnity provision means that a construction defect claim is not subject to Massachusetts' statute of repose, should spur design and construction professionals to negotiate limited provisions, says Christopher Sweeney at Conn Kavanaugh.

  • 4 Strategies For De-Escalating Hospitality Industry Disputes

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    As recent uncertainty in the travel business exacerbates the risk of conflict in the hospitality sector, industry in-house counsel and their outside partners should consider proactive strategies aimed at de-escalating disputes, including preserving the record, avoiding boilerplate clauses and considering arbitration, say Randa Adra at Crowell and Stephanie Jean-Jacques at Hyatt.

  • SEC Signals Opening For Private Fund Investment Reform

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    At SEC Speaks in late May, the U.S. Securities and Exchange Commission made clear that it's considering allowing registered funds of private funds to be offered broadly to true retail investors, meaning existing funds should review their disclosures focusing on conflicts of interest, liquidity and fees, say attorneys at Stradley Ronon.

  • Unicoin Case Reveals SEC's Evolving Enforcement Posture

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    The U.S. Securities and Exchange Commission's recent fraud allegations against cryptocurrency company Unicoin send a clear message that while the Trump administration supports digital asset development, it will act decisively against deception, inflated valuations and false assurances, says David Zaslowsky at Baker McKenzie.

  • Opportunity Zone Revamp Could Improve The Program

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    If adopted, the budget bill's new iteration of the opportunity zone program could renew, refine and enhance the effectiveness and accountability of the original program by including structural reforms, expanded eligibility rules and incentives for rural investment, say attorneys at Pillsbury.

  • Review Risk Is Increasing For Foreign Real Estate Developers

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    Federal and state government efforts have been expanding oversight of foreign investment in U.S. real estate, necessitating careful assessment of risk and of the benefits of notifying the Committee on Foreign Investment in the United States, say attorneys at Troutman.

  • Evolving Federal Rules Pose Further Obstacles To NY LLC Act

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    Following the Financial Crimes Enforcement Network's recent changes to beneficial ownership information reporting under the federal Corporate Transparency Act — dramatically reducing the number of companies required to make disclosures — the utility of New York's LLC Transparency Act becomes less apparent, say attorneys at Pillsbury.

  • Negotiating Triparty Hotel Agreements To Withstand Risk

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    Brewing economic uncertainty in the hospitality industry underscores the importance of subordination, nondisturbance and attornment agreements, and hotel managers should tightly negotiate these agreements to ensure remedies will not disturb key rights, say attorneys at Sidley.