Commercial

  • December 01, 2025

    State Board Advances 3 NYC Casino Plans Left Standing

    A New York state panel on Monday endorsed a pair of proposals in Queens and another in the Bronx to win three downstate casino licenses, setting up final approval of the multibillion-dollar projects before the end of the year.

  • December 01, 2025

    2 Firms Steer Construction Services Firm's $242M IPO

    Construction services firm Cardinal Infrastructure Group Inc., guided by Willkie Farr & Gallagher LLP, set a price range for an estimated $242 million initial public offering on Monday, and the IPO is being backed by lead underwriters Stifel Nicolaus & Co. Inc. and William Blair & Co. LLC, advised by Latham & Watkins LLP.

  • December 01, 2025

    Ill. Dept. Analyzes State Property Tax System Per 2024 Law

    The Illinois Department of Revenue said Monday that it's conducting a study of the state's property tax system as required by a law enacted last year.

  • November 26, 2025

    Board Denies State Dept. Win In Contract Termination Row

    The U.S. Civilian Board of Contract Appeals denied the U.S. Department of State's attempt to limit a construction company's monetary claim after the agency terminated its construction contract, saying there's too much uncertainty over the contract price.  

  • November 26, 2025

    Title Co., Investor Must Split Blame In $13M Escrow Fraud Suit

    A title company is partially liable for mishandling $13 million wired into escrow by an investor seeking a 50% ownership interest in a 17-hotel deal, a California federal judge ruled, finding that the title company owed the investor a duty of reasonable care.

  • November 26, 2025

    SF Island's Ex-Owner Refutes Wetlands Label At 9th Circ.

    The former owner of an island in the San Francisco Bay is asking the Ninth Circuit to reverse a lower court ruling that he illegally destroyed "critical" wetlands without first receiving a Clean Water Act permit.

  • November 26, 2025

    RealPage Sues Over NY Rental Pricing Software Law

    Property management software company RealPage sued New York's attorney general in federal court, alleging a recently passed state law to prevent building owners from using software to collude on residential rental rates is unnecessary and violates the First Amendment.

  • November 26, 2025

    11th Circ. Urged To Restore Cut To $17M Easement Deduction

    The Internal Revenue Service disregarded U.S. Supreme Court precedent in arguing that the U.S. Tax Court was right to slash a partnership's $17 million tax deduction for donating a conservation easement, the partnership told the Eleventh Circuit.

  • November 26, 2025

    Brookfield, GIC Bid $2.6B For Australian Storage REIT

    National Storage REIT confirmed that it has received a AU$4.06 billion ($2.61 billion) buyout offer from Brookfield Property Group and GIC Investment Pty Ltd, a deal guided by Clayton Utz and Ashurst. 

  • November 25, 2025

    Private Equity Could Be Ace Of College Sports Real Estate

    Private equity, long-established as a source of funding for professional sports, is now poised to make its entrance into college sports by fueling sports real estate and mixed-use districts adjacent to athletic facilities to generate revenue.

  • November 25, 2025

    New Complaint Says Ex-Execs Turned Steward Into 'Zombie'

    Bankrupt hospital operator Steward Health has filed hundreds of millions in new claims in Texas bankruptcy court against its former CEO and other executives, including allegations that they orchestrated a sale-leaseback deal that rendered the business an insolvent "zombie."

  • November 25, 2025

    Investors Say Alexandria Overhyped Leasing, NYC Project

    Alexandria Real Estate Equities Inc. investors filed suit in California federal court Tuesday, claiming the real estate investment trust overstated the strength of its leasing business and the projected value of a New York City property, causing the company's stock price to drop once the truth came to light.

  • November 25, 2025

    CIM Wraps Up $93M Loan For Boston Office, Retail Building

    Lender, developer and property owner CIM Group completed a $93.1 million whole loan deal allowing borrower DivcoWest to acquire a 13-story, 245,000-square-foot Boston office and retail building, the company has announced.

  • November 25, 2025

    MVP: Simpson Thacher's Whitney Salinas

    Whitney Salinas of Simpson Thacher & Bartlett LLP advised real estate investment behemoth Blackstone on myriad multibillion-dollar deals in the past year, including its $16.2 billion acquisition of AirTrunk, one of Asia Pacific's largest data center businesses, scoring her a place among the 2025 Law360 Real Estate MVPs.

  • November 25, 2025

    MVP: King & Spalding's Scott Greer

    Scott Greer of King & Spalding LLP is advising Microsoft on a multibillion-dollar pursuit to develop data center infrastructure across the U.S. and has also guided a plethora of major construction projects for energy companies across the country, landing him a spot among the 2025 Law360 Construction MVPs.

  • November 25, 2025

    NYC Real Estate Week In Review

    Attorneys with Greenberg Traurig LLP and Wachtel Missry LLP guided two of the largest property transactions in New York City over the past week, including one deal to set up development of an East Midtown site and another at the low-rise home of a pizza joint near Penn Station.

  • November 25, 2025

    3 Firms Guide $408M SF Hotel Sale From Receivership

    Newbond Holdings and Conversant Capital announced Tuesday that the pair have acquired two of San Francisco's largest hotels in a $408 million deal, guided by Goodwin Procter, Jeffer Mangels and Duane Morris.

  • November 24, 2025

    NC Landowners Assert Right To Fight Gas Facility Rezoning

    A group of landowners fighting the development of a liquid methane gas storage facility told a North Carolina state appeals court that they were deprived of their rights under state law because some neighboring properties were not properly notified of the rezoning.

  • November 24, 2025

    Bid To Halt Fla. Suit Over Trump Library Land Transfer Denied

    A Florida state judge on Monday denied a bid to halt the proceedings of a lawsuit challenging the transfer of Miami Dade College land to construct the Donald J. Trump Presidential Library, citing the age of the retired professor who brought the complaint. 

  • November 24, 2025

    MoFo, Gibson Dunn Steer $541M Hudson Yards Buy

    Morrison Foerster and Gibson Dunn guided Mori Trust's blockbuster $541 million acquisition of the lower floors of 35 Hudson Yards from partners Related Companies and Oxford Properties Group, MoFo announced on Monday.

  • November 24, 2025

    SITE Centers Closes $263.6M Sale Of Four Shopping Centers

    SITE Centers Corp. has closed a $263.6 million sale of four shopping centers located in New Jersey, Ohio and Pennsylvania, the open-air shopping centers owner and operator announced.

  • November 24, 2025

    NJ Panel Orders Arbitration In Jersey City Real Estate Dispute

    A New Jersey appellate court on Monday affirmed a lower court's arbitration order for several counterclaims in a dispute involving a Jersey City apartment project, ruling that the counter-defendants didn't previously waive their right to arbitrate the counterclaims.

  • November 24, 2025

    NJ Towns Want Housing Provision Paused Amid Pending Suit

    Elected officials challenging a provision of New Jersey's new affordable housing framework have asked a Garden State federal court to preserve their municipalities' current zoning as they await the outcome of their pending suit.

  • November 24, 2025

    Fla. Firm Haber Law Elevates 3 Attys To Partner Amid Growth

    Miami-based Haber Law promoted three attorneys to its partnership after seeing growth in its Miami-Dade, Broward and Palm Beach markets.

  • November 24, 2025

    Doctor Liable For Rent On Ex-NFL Player's Concussion Clinic

    A Florida neurologist who partnered with a former National Football League player to start a concussion clinic in Massachusetts can't dodge more than $100,000 in unpaid rent and interest owed by the defunct venture, an intermediate state appellate court said.

Expert Analysis

  • 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.

  • 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.