Commercial

  • July 25, 2025

    Historic Conn. Soda Co., Ex-President Settle Unfair Lease Suit

    The former president of a century-old Connecticut soft drink company has agreed to settle a lawsuit he filed in state court after he became a minority owner in the company following purchases of company stock by family members.

  • July 25, 2025

    Latham, Sidley Advise Deal In $5B Power Infrastructure Push

    Latham & Watkins LLP and Sidley Austin LLP advised ArcLight Capital Partners' acquisition of power developer and manager Advanced Power in an investment that could grow to more than $5 billion over the next five years based on AI and data center infrastructure demand.

  • July 25, 2025

    Fla. Says Rent Tax Repeal Doesn't Apply To Late Payments

    Florida will repeal its business rent tax starting in October, but rental periods through September are still taxable even if payments occur later, the state Department of Revenue said in a bulletin.

  • July 25, 2025

    Greenberg Traurig Hires Ex-Taft Public Finance Attorney

    Greenberg Traurig LLP announced Thursday that it has added a former Taft Stettinius & Hollister LLP attorney with a history of public service at both the state and federal levels to its public finance and infrastructure practice.

  • July 25, 2025

    Pilgrim's Plans To Build $400M Ga. Prepared Foods Facility

    Prepared foods giant Pilgrim's will build a $400 million facility in Lafayette, Georgia, that's expected to provide over 630 jobs when it's completed, the state's governor announced.

  • July 24, 2025

    Toxic Waste Site Owner Can't Sue After Guilty Plea, Court Told

    The estates of two former owners of a Georgia chemical company accused of dumping toxic waste at a disused plant asked a federal judge this week to throw out a suit from the current property owner, arguing its hands are far from clean in the site's contamination after its principal's 2022 guilty plea for illegal dumping.

  • July 24, 2025

    Curaleaf Unit Sues Illinois Regulators Over Growhouse Permit

    A subsidiary of cannabis giant Curaleaf, Compass Ventures Inc., is suing the Illinois Department of Agriculture for refusing to allow the company to expand its Montgomery County cannabis cultivation center with a 42,000-square-foot "hoop house," claiming the agency allowed at least two rivals to build similar structures in the past.

  • July 24, 2025

    Bellwether Plaintiffs Want Redo Of GE Pollution Trial

    The plaintiffs in a bellwether pollution suit against General Electric Co. and a former subsidiary are asking for a new trial, arguing the jury should not have been able to find in the subsidiary's favor after it had admitted to responsibility in prior court filings.

  • July 24, 2025

    Va. County Board OKs Luxury, Mixed-Use Towers Project

    A three-tower, 970,000-square-foot luxury, mixed-use development project in Rosslyn, Virginia, recently received entitlement approval from the Arlington County Board, the project's developer Penzance announced Thursday.

  • July 24, 2025

    Waste Management Unit Sues PE Fund Over Eviction Threat

    A Waste Management Inc. subsidiary accused its private equity fund landlord in Colorado state court of wrongfully threatening the company with eviction from its local large waste recycling facility in north Denver.

  • July 24, 2025

    DC Council Sets Vote On Revised Commanders Stadium Deal

    The Washington, D.C., City Council will vote next Friday, Aug. 1, on a revised version of the proposal to build a stadium for the Washington Commanders at the site of its previous stadium, Council Chair Phil Mendelson announced Thursday.

  • July 24, 2025

    NJ Attys Warn RICO Case Revival Would 'Chill' Lawyering

    The New Jersey State Bar Association told a Garden State appellate court that lawyers across the state will be chilled from zealously advocating for their clients if it revives the state's racketeering indictment against two politically connected attorneys, making it the second attorney advocacy group to file a proposed amicus curiae brief in the case.

  • July 24, 2025

    Akerman Faces $45M Malpractice Suit From Health Biz In Fla.

    Akerman LLP and one of its attorneys have been hit with a $45 million malpractice lawsuit in Florida state court from a former client who develops healthcare facilities and claims the firm botched a commercial lease form.

  • July 24, 2025

    Bets On Atty's Lien Biz Lost Millions, Investor Tells Jury

    A seasoned investor told a Manhattan federal jury Thursday that he heavily backed a tax-lien fund controlled by a lawyer now accused of fraud, ultimately losing $2.9 million in supposedly low-risk bets where such losses were "not supposed to be possible."

  • July 24, 2025

    O'Melveny Environmental Partner Moves To Freshfields In NY

    Freshfields LLP announced Thursday that a former O'Melveny & Myers LLP environmental attorney with experience in both the private and public sectors has joined the firm's corporate practice in New York.

  • July 24, 2025

    Alston & Bird Expands West Coast Reach With LA Funds Atty

    Alston & Bird LLP has hired a former Greenberg Traurig LLP shareholder with in-house investment firm experience as an investment funds partner in Los Angeles.

  • July 24, 2025

    Blackstone's Assets Under Management Swell To $1.2T

    Executives of asset management giant Blackstone Inc., in its second-quarter earnings call with analysts, expressed optimism for the company's real estate business and policy changes that could allow it to access 401(k) retirement accounts, amid market volatility and an uncertain recovery for real estate.

  • July 24, 2025

    2 Firms Guide $357M Calif. Shopping Centers Buy

    Regency Centers Corp. will acquire a nearly 630,000-square-foot portfolio of five Orange County, California, shopping centers in a $357 million deal guided by Paul Hastings LLP and Latham & Watkins LLP, the company announced Thursday.

  • July 24, 2025

    Seyfarth Guides $42M Atlanta Office Campus Loan

    Peachtree Group provided Banyan Street Capital with a $42 million mortgage loan to help finance the purchase and repositioning of an Atlanta office campus that had previously been at the center of a real estate scam, in a deal guided by Seyfarth Shaw LLP.

  • July 24, 2025

    3 Firms Advise $1.1B Deal To Take Office REIT Private

    Canada-based City Office REIT said Thursday that it has agreed to be acquired by an affiliate of hedge fund Elliott Investment in a take-private deal valued at $1.1 billion and advised by DLA Piper, Hogan Lovells and Gibson Dunn & Crutcher LLP.

  • July 23, 2025

    Vietnamese Investors Seek Funds Back From EB-5 Project

    Fourteen Vietnamese nationals have sued a Virginia law firm and its head attorney, seeking to cancel their $500,000 investments in a hotel redevelopment project after the federal government said it was denying their petitions for conditional permanent residency. 

  • July 23, 2025

    Elsberg Baker Signs Empire State Building Lease

    Elsberg Baker & Maruri PLLC has inked a 39,237-square-foot lease that allows it to occupy one whole floor and a partial floor of the Empire State Building, according to Empire State Realty Trust Inc., the real estate investment trust that owns the world-famous New York City landmark.

  • July 23, 2025

    Tendit Accuses Ex-CEO Of Illegally Raising Rent Before Exit

    A facility services company sued its former CEO this week in Colorado state court, aiming to void a lease she created with her real estate business a day before resigning that increased the company's rent by more than $7,000 per month.

  • July 23, 2025

    DC Co. Sues Société Générale Over $29M Loan Deal

    A District of Columbia property owner has accused Société Générale Financial Corp. in D.C. federal court of violating an agreement related to a $29 million refinancing loan when the bank corporation refused to fund the loan after realizing that it couldn't find a favorable secondary market buyer for the loan.

  • July 23, 2025

    Life Sciences Recovery Waits On Rate Relief, Alexandria Says

    Even as executives with Alexandria Real Estate Equities touted its largest ever build-to-suit project at a San Diego megacampus and downplayed the effects of recent tariff announcements, they told investors the real estate investment trust is still waiting for "desperately needed" interest rate relief.

Expert Analysis

  • Climate Among Many Factors Driving Up RE Insurance Costs

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    A proactive approach to risk management may determine the viability of the U.S. commercial real estate sector as weather crises and other factors drive insurance costs higher, says Ulrick Matsunaga at Crosbie Gliner.

  • Bid Protest Spotlight: Debriefings, Timeliness, Documentation

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    ​James Tucker at MoFo examines three recent decisions from the Federal Circuit, the U.S. Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.

  • A Look At Recent Case Law On Expedited Judgment In NY

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    A number of recent New York state court decisions clarify and refine the contours surrounding Civil Practice Law and Rule 3213, providing landlords, lenders and other payees guidance on how to seek accelerated judgment in certain litigation, says Alexander Lycoyannis at Holland & Knight.

  • Dealmaker Lessons From CFIUS' New Enforcement Webpage

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    The Committee on Foreign Investment in the United States’ recently launched webpage, which details the actions — and inactions — that led to enforcement activity, provides important insights for dealmakers about filing requirements, mitigation commitments and the cost of noncompliance, say attorneys at Dechert.

  • Reassessing Lease Provisions To Account For ESG Initiatives

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    As companies seek to build ESG considerations into their businesses, it's crucial to understand how such initiatives can quickly become significant enough to compel reassessment of lease agreement provisions, and how best to modify leases accordingly, say Julian Freeman and Gabe Pitassi at Cox Castle.

  • Avoid Getting Burned By Agencies' Solar Financing Spotlight

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    Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.

  • Co-Tenancy Clause Pointers For Shopping Center Landlords

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    Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at Cox Castle.

  • Assessing Algorithmic Versus Generative AI Pricing Tools

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    A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.

  • Navigating A Potpourri Of Possible Transparency Act Pitfalls

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    Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.

  • Keys To Successful Commercial Property Insurance Claims

    Excerpt from Practical Guidance
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    While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.

  • Tips For Handling Single Asset Real Estate Bankruptcy Cases

    Excerpt from Practical Guidance
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    Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset real estate debtor Chapter 11 cases, which generally arise when a debtor is forced to file for relief to stop an impending foreclosure sale.

  • Increased Scrutiny Raises Int'l Real Estate Transaction Risks

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    Recently proposed regulations expanding the Committee on Foreign Investment in the United States' oversight, a White House divestment order and state-level legislative efforts signal increasing scrutiny of real estate transactions that may trigger national security concerns, say Luciano Racco and Aleksis Fernández Caballero at Foley Hoag.

  • Portland's Gross Receipts Tax Oversteps City's Authority

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    Recent measures by Portland, Oregon, that expand the voter-approved scope of the Clean Energy Surcharge on certain retail sales eviscerate the common meaning of the word "retail" and exceed the city's chartered authority to levy tax, say Nikki Dobay at Greenberg Traurig and Jeff Newgard at Peak Policy.