Commercial

  • 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.

  • July 23, 2025

    Charter School Funder's Creditor Blasts Ch. 11 Depo Bid

    Charter School Capital Inc.'s largest unsecured creditor has asked a Delaware bankruptcy judge to throw out the debtor's bid to depose its principal, arguing the request is "obvious retaliation against" the investor's attempt to slow the charter school funding firm's proposed sale process.

  • July 23, 2025

    8th Circ. Denies Bar Owner Coverage For Ex-Husband's Arson

    An insurer for a Minnesota bar has no duty to cover a nearly $2 million fire intentionally caused by one of the owners, the Eighth Circuit ruled, rejecting the other co-owner's argument that the "innocent co-insured doctrine" extended to the bar's corresponding corporate entities.

  • July 23, 2025

    Ex-Real Estate Finance Pro Tapped For OCC Chief Of Staff

    President Donald Trump's top national bank regulator has hired a new chief of staff, bringing on a former federal housing finance official from the private sector to help steer policy coordination and internal operations at the Office of the Comptroller of the Currency, the agency said Wednesday.

  • July 23, 2025

    NJ Power Broker Blasts AG's Bid To Revive RICO Case

    Garden State power broker George E. Norcross III on Wednesday urged a New Jersey appeals court to affirm the dismissal of the state's explosive racketeering indictment, arguing the trial court was right to toss the charges because there are no factual allegations in the indictment that amount to a crime.

  • July 23, 2025

    Rising Star: King & Spalding's Almiro Clere

    Almiro Clere of King & Spalding LLP has advised Dubai's Department of Economy and Tourism on what planners say will be the world's largest artificial reef off Dubai, where 1 billion corals will live on a marine bed the size of New York City, earning him a spot among the construction law practitioners under age 40 honored by Law360 as Rising Stars.

  • July 23, 2025

    Rising Star: Ropes & Gray's Anthony Mongone

    Anthony Mongone of Ropes & Gray LLP has earned the trust of some of the world's largest real estate investors to guide them through complex, large-scale deals, such as Blackstone's acquisition of 20% of Signature Bank's $16.8 billion mortgage loan portfolio after the bank's failure, earning him a spot among the real estate law practitioners under age 40 honored by Law360.

  • July 23, 2025

    Perkins Coie Guides $154M NYC Hotel Sale

    An entity connected to hospitality management and ownership company GF Hotels & Resorts sold off a New York City hotel to an entity connected to real estate company Hawkins Way Capital, in a $154.5 million deal advised by Perkins Coie LLP, according to official property records.

  • July 23, 2025

    Pa. Trial Court Must Redo Properties' Valuations, Ruling Says

    A Pennsylvania trial court incorrectly changed the valuation of two taxpayers' properties and overstepped its authority when it combined the assessments of the taxpayers and the city, the Commonwealth Court ruled. 

  • July 23, 2025

    SL Green Sees Smaller NYC Office Leases In More Submarkets

    SL Green Realty Corp. executives reported shifts in Manhattan leasing activity on a second-quarter earnings call, attesting to a rise in midsize leases and an expansion in leasing activity outside of core Park Avenue and Grand Central submarkets.

  • July 23, 2025

    DiamondRock Wraps Up $1.5B Loan, Credit Facility Refi

    DiamondRock Hospitality Company "refinanced, upsized and extended" the maturity dates of several multimillion-dollar term loans and a revolving credit facility, which are all part of a senior unsecured credit facility that's been increased from $1.2 billion to $1.5 billion, the hotel-focused real estate investment trust announced on Wednesday.

  • July 23, 2025

    Why Private REITs Are Having A Moment

    Investments in private real estate investment trusts are surging, and that trend may strengthen as state regulators mull limiting investments in other, quasi-public REITs, while securities regulators have recently eased accreditation requirements for investors raising private capital.

  • July 23, 2025

    US Gov't Has Eyes On Farmland, Paul Weiss Atty Says

    Real estate transaction attorneys should heed the federal government's growing focus on farmland for national security reviews and understand the associated risks, even if their client is a U.S. buyer, according to a practice group leader at Paul Weiss Rifkind Wharton & Garrison LLP.

  • July 22, 2025

    Haynes And Boone Guides $145M Swanky Tribeca Hotel Refi

    The entity behind a luxury hotel in New York City's Tribeca neighborhood landed a $145 million refinancing for the property from affiliates of Goldman Sachs, which includes $100 million of new equity, according to documents filed in country property records by Haynes and Boone LLP.

  • July 22, 2025

    Whitman Breed Asked To Set Aside $3.8M Amid Lease Fears

    Connecticut law firm Whitman Breed Abbott & Morgan LLC should set aside $3.8 million to satisfy its landlord's fears that a wave of departures has rattled the firm's finances and may jeopardize its lease of a 16,000-square-foot Greenwich office, a property manager testified Tuesday.

Expert Analysis

  • Timeline Considerations For Boston's New RE Review Process

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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.

  • Plugging Gov't Leaks Is Challenging, But Not A Pipe Dream

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    As shown by ongoing legal battles involving New York City Mayor Eric Adams and Sean “Diddy” Combs, it’s challenging for defendants to obtain relief when they believe the government leaked sensitive information to the media, but defense counsel can take certain steps to mitigate the harm, says Kenneth Notter at MoloLamken.

  • A Legal Perspective On NYC's Retail Real Estate Evolution

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    As New York City's retail market begins to show signs of resilience after the challenges of recent years, landlords must be cognizant of legal implications from shifting trends toward shorter-term leases and pop-up stores, says Andrea Gendel at Pryor Cashman.

  • What Interest Rate Cuts Mean For Housing Markets

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    The Federal Reserve's recent reduction of interest rates may provide limited immediate relief for real estate sectors, but offers potential opportunities for commercial real estate investors and construction firms, which now face an environment ripe for new projects, say attorneys at Cozen O'Connor.

  • How CFIUS' Updated Framework Affects Global Investors

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    The recent change to the monitoring and enforcement regulations governing the Committee on Foreign Investment in the United States will broaden administrative practices around nonnotified transaction investigations, increase the scope of information demands from the committee and accelerate its ability to impose mitigation on parties, say attorneys at Simpson Thacher.