Commercial

  • August 07, 2025

    Tariffs Drive Cost Increases For Law Firm Office Build-Outs

    Higher tariffs are driving up construction costs for law firm office build-outs and renovation projects, as firms look to improve the quality of the office experience rather than increase its footprint, according to a new report by CBRE.

  • August 07, 2025

    BREAKING: Trump Order Greenlights Private Equity, Crypto 401(k) Investing

    President Donald Trump signed an executive order Thursday that aims to make it easier for retirement plans to invest in a wider range of assets, including cryptocurrency, private equity and real estate.

  • August 07, 2025

    Fed Circ. Skeptical Of Realty Co.'s IRS Contract Dispute

    Federal Circuit judges seemed skeptical Thursday of a realty company's claim that the IRS improperly blocked its bid to continue leasing office space to the agency after IRS employees complained about the building, with one judge challenging whether evidence actually showed the agency acted in bad faith.

  • August 07, 2025

    CoStar Asks Full 9th Circ. To Revisit Antitrust Ruling For Rival

    Commercial real estate information company CoStar Group Inc. and a subsidiary are urging the Ninth Circuit to reconsider its ruling reviving antitrust counterclaims lodged by rival Commercial Real Estate Exchange Inc., which CoStar has accused in a suit of stealing property listing data and copyrighted photos.

  • August 07, 2025

    Texas Bill Seeks Two-Thirds Vote To Exceed Max Tax Rate

    Texas would require two-thirds approval from voters to allow local taxing entities to increase property taxes beyond a maximum rate permitted by law without a vote under a bill introduced in the state House of Representatives.

  • August 07, 2025

    Former LVMH Atty Joins Realtors Association's Legal Team

    The National Association of Realtors announced Thursday it has appointed as its vice president of litigation and associate general counsel the former vice president of legal affairs and head of litigation at LVMH Moet Hennessy Louis Vuitton Inc.

  • August 07, 2025

    NC Biz Court Bulletin: Divorce Dust-Ups & Judicial Rebukes

    Litigation in the North Carolina Business Court is heating up this summer with new complaints centered on fears a former state politician's divorce proceedings will impede his companies' operations and accusations that a climate technology company has failed to pay out a former engineer's ownership interest.

  • August 07, 2025

    Ohio Property Sale Too Old To Sway Valuation, Board Says

    The sale of a commercial property was not close enough in time to its tax valuation date to be relied on as evidence of its value, an Ohio board said, upholding a local assessment.

  • August 06, 2025

    Calif. CRE Players Say Tariff Uncertainty Delaying Projects

    Half of the real estate professionals polled in a survey on the California commercial real estate market said they are delaying or canceling development projects thanks to increased construction costs and global trade tensions tied to tariff uncertainty.

  • August 06, 2025

    NYC Council Approves Manhattan Mixed-Use Rezoning Plan

    A rezoning plan that aims to build more than 9,500 homes in midtown Manhattan was approved Wednesday by the New York City Council's Committee on Land Use and a related subcommittee.

  • August 06, 2025

    Urban Edge Properties Closes $124M Mass. Retail Center Refi

    Real estate developer Urban Edge Properties says it has closed on a $123.6 million loan to refinance a portion of open-air shopping center Shoppers World in Framingham, Massachusetts.

  • August 06, 2025

    Rising Star: Quinn Emanuel's Nasser Alrubayyi

    Nasser Alrubayyi of Quinn Emanuel Urquhart & Sullivan LLP won a dismissal for Raza Co. in its dispute with Azmeel Contracting over a $450 million construction contract, along with other big courtroom victories, earning him a spot among the construction law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 06, 2025

    Rising Star: DLA Piper's Katherine Jahnke Dale

    Katherine Jahnke Dale of DLA Piper has been a key adviser on a transformation of Chicago's Fulton Market neighborhood, along with projects that include a $7 billion redevelopment near the United Center and a purchase agreement for a former steel plant now envisioned as a technology hub, earning her a spot among the real estate law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 06, 2025

    3 Key Foreign Entity Issues In Claiming Clean Energy Credits

    Stricter foreign supply chain and business ownership rules were tacked onto clean energy tax credits that weren't eliminated under the new budget reconciliation law, raising major compliance hurdles that have practitioners eagerly awaiting implementation rules from the U.S. Treasury Department. Here, Law360 outlines key issues the agencies need to address in coming guidance on restrictions targeting projects linked to foreign entities of concern.

  • August 06, 2025

    2 Firms Guide $110M Financing For CBL Properties' Mall Buy

    Beal Bank USA provided $110 million in financing to CBL Properties to help fund the shopping center-focused real estate investment trust's acquisition of four regional malls, in a deal guided by Husch Blackwell LLP and Dorsey & Whitney LLP.

  • August 06, 2025

    Akin, Latham Advise Apollo's Data Center Builder Stake

    Apollo Global Management on Wednesday announced it will acquire a majority stake in Dallas-based builder Stream Data Centers in a deal advised by Akin Gump Strauss Hauer & Feld LLP and Latham & Watkins LLP that the asset manager said would enable possibly billions in digital infrastructure spending.

  • August 06, 2025

    2 Firms Guide $1.3B CMBS Deal For NYC Office Tower

    The Durst Organization has obtained a $1.3 billion commercial mortgage-backed security loan from a Wells Fargo-led group, in a deal steered by Rosenberg & Estis PC and Cadwalader Wickersham & Taft LLP, to finance a trophy Times Square office tower, Rosenberg & Estis announced on Wednesday.

  • August 06, 2025

    Gibson Dunn Adds Ex-Kirkland Real Estate Atty To NY Office

    Gibson Dunn & Crutcher LLP hired a former Kirkland & Ellis LLP real estate transactions partner for the firm's real estate and real estate investment trust practice groups in New York City.

  • August 05, 2025

    $300M Fla. Project Floats DIP Loan To Hammer Out Ch. 11 Plan

    The debtors of a $300 million real estate development in Florida on Tuesday floated a proposal to appoint a chief restructuring officer and a debtor-in-possession loan from an insurance heiress after creditors rejected both a sale and a liquidation plan.

  • August 05, 2025

    Long Island Town Challenges Tribal Land Determination

    A Long Island town is challenging a federal government decision to place 84 acres into a restricted fee status for the Shinnecock Indian Nation, saying its effect has recognized the property as Indian Country in such a way that has destroyed the municipality's regulatory jurisdiction.

  • August 05, 2025

    New Developer To Build $1.5B Resi Towers In Jersey City

    A new real estate developer stacked with former Brookfield Properties and Croesus Group executives unveiled the company's inaugural project on Tuesday — a $1.5 billion mixed-use project slated for construction in Jersey City, New Jersey.

  • August 05, 2025

    In Landlord's Market, Vornado Eyes Selling Non-NYC Assets

    Executives of office real estate investment trust Vornado Realty Trust told analysts on its second quarter earnings call Tuesday that it is seeing the market shift back toward landlords in New York City, where it is doubling down, as it weighs disposing of its San Francisco and Chicago assets.

  • August 05, 2025

    Naftogaz Secures Vienna Court's OK To Seize Russian Assets

    An Austrian court has granted Naftogaz permission to seize approximately €120 million ($139 million) of Russian assets as Ukraine's state-owned oil and gas company pursues an international campaign to enforce a $5 billion arbitral award it won against Russia.

  • August 05, 2025

    Boston Firm Adds Former Panera, Dunkin' Brands Counsel

    Boston-based Rubin and Rudman LLP hired the former legal counsel of Panera Bread Co. and Dunkin' Brands for an "of counsel" role on the firm's real estate team, the firm announced Tuesday.

  • August 05, 2025

    Property Co. Backs Calif. Tribe In $700M Casino Row

    A property owner has urged a D.C. federal judge in an amicus brief to grant the Scotts Valley Band of Pomo Indians' quick win bid in the tribe's suit accusing the federal government of wrongfully blocking the tribe's $700 million casino project in Vallejo, California.

Expert Analysis

  • 11 Essential Questions When Reviewing Hurricane Insurance

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    As we approach peak hurricane season, business owners must understand critical coverage elements, policy limitations and claim procedures of their commercial property hurricane insurance policies to protect their operations effectively, says Carlton Wilde at Bracewell LLP.

  • 6 Questions We Should Ask About The Trump Trade Deals

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    Whenever the text becomes available, certain questions will help determine whether the Trump administration’s trade deals with U.S. trading partners have been crafted to form durable economic relationships, or ephemeral ties likely to break upon interpretive disagreement or a change in political will, says Ted Posner at Baker Botts.

  • Utilizing Rep And Warranties Insurance In CRE Transactions

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    With insurance and commercial real estate legal trends suggesting that representations and warranties insurance is likely to grow substantially in the next several years, CRE buyers and sellers should learn how such insurance can help resolve conflicting positions during transaction negotiations, say attorneys at Troutman.

  • Recent Decisions Caution Against Broad Indemnity Provisions

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    Two recent decisions in disparate jurisdictions are reminders that businesses and practitioners should be mindful of contractual indemnity rights and draft indemnity provisions that enhance the predictability of enforceability without being overly broad, says Gregory Jaske at Olshan Frome.

  • How Real Estate Funds Can Leverage Del. Statutory Trusts

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    Over the last two years, traditional real estate fund sponsors have begun to more frequently adopt Delaware Statutory Trust programs, which can help diversify capital-raising strategies and access to new sources of capital, among other benefits, say attorneys at Polsinelli.

  • What 9th Circ. Ruling Shows About Rebutting SEC Comments

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    The Ninth Circuit's June opinion in Pino v. Cardone Capital suggests that a company's lack of pushback to a U.S. Securities and Exchange Commission comment may be evidence of its state of mind for evaluating potential liability, meaning companies should consider including additional disclosure in SEC response letters, say attorneys at Barnes & Thornburg.

  • 2 NY Cases May Clarify Foreclosure Law Retroactivity

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    Two pending cases may soon provide the long-awaited resolution to the question of whether retroactive application of the New York Foreclosure Abuse Prevention Act violates the state Constitution, providing a guide for New York courts inundated with motions in foreclosure and quiet title actions, says Fernando Rivera Maissonet at Hinshaw & Culbertson.

  • A Look At Florida's New Protected Series LLC Legislation

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    A new law in Florida enhances the flexibility of using limited liability companies as the entities of choice for most privately held businesses, moving Florida into a small group of states with reliable uniform protected series legislation for series LLCs, says Louis Conti at Holland & Knight.

  • 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.