Commercial
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October 24, 2025
NJ Property Owner Puts Office, Industrial Properties In Ch. 11
A New Jersey property owner has put several of its office and industrial properties into Chapter 11, according to multiple petitions filed in New Jersey bankruptcy court.
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October 23, 2025
NY AG Sues Vape Shop Owners For Selling To Kids
New York's attorney general is looking to permanently shut down two smoke shops and ban their owners from ever working in the vape industry again, claiming they flagrantly sold illegal flavored vapes to customers including children, according to a petition filed Oct. 23.
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October 23, 2025
Nelson Mullins Hires Two Attys To Bolster RE Team
Nelson Mullins Riley & Scarborough LLP has hired two veteran commercial real estate attorneys — one a former Kelley Drye & Warren LLP special counsel — to strengthen its real estate and capital markets team.
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October 23, 2025
Entities Tied To NYC's Former Hudson Hotel File For Ch. 11
Two companies affiliated with the former Hudson Hotel near Manhattan's Columbus Circle have filed for Chapter 11 protection in Delaware, listing between $100 million and $500 million each in both assets and liabilities.
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October 23, 2025
Blackstone Upbeat On Data Centers, Preps 401(k) Asset Focus
Executives at private equity giant Blackstone Inc. said in a call with analysts on Oct. 23 that data center dealmaking is still on the upswing, and that it is making moves in anticipation of formal guidance from the federal government on the ability of defined contribution retirement plans to invest in alternative assets like real estate.
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October 23, 2025
Del. Justices Won't Reconsider Gellert Seitz Malpractice Ruling
The Delaware Supreme Court on Oct. 23 rejected a request to reconsider its decision affirming the dismissal of a legal malpractice suit against Gellert Seitz Busenkell & Brown LLC over damages a homebuilder said it suffered due to the firm's negligence handling loan-restructuring disputes, saying the request is "without merit."
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October 23, 2025
Amalgamated Bank Commits $250M For C-PACE Platform
Amalgamated Bank plans to provide up to $250 million of financing for commercial real estate projects that come from another company's Commercial Property Assessed Clean Energy lending platform, the bank announced Thursday.
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October 23, 2025
Gibson Dunn Hires Ex-Fried Frank Atty For RE Team
Gibson Dunn & Crutcher LLP has added a former Fried Frank Harris Shriver & Jacobson LLP partner who specializes in commercial leasing transactions to its real estate practice in New York.
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October 22, 2025
NJ Industrial Park Nabs $654M, With Construction Underway
Madison Realty Capital originated a $654 million mortgage and mezzanine loan for a New Jersey industrial campus, which the private equity firm said will refinance 2020 Acquisitions' existing financing and cover ongoing construction and leasing costs, per a Wednesday announcement.
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October 22, 2025
REIT Inks $7M Settlement Of Ex-CEO's Class Action Claims
A real estate investment trust has reached a $7.125 million deal to end a proposed investor class action brought by its former CEO alleging its insiders breached their fiduciary duties after the company's common stock was diluted by "disastrous" stock redemption decisions.
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October 22, 2025
DHS Unveils Proposal To Reduce EB-5 Investor Visa Fees
The U.S. Department of Homeland Security on Wednesday rolled out a proposed fee schedule for the EB-5 foreign investor visa program that will see investors paying about 14% less in form fees after a steep fee increase in 2024.
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October 22, 2025
Texas Appeals Court Wipes $64M Judgment For Dallas Lender
A Texas appellate court wiped away a $64 million award to the subsidiary of a Dallas investment company following alleged fraud by Credit Suisse surrounding lending for a luxury Nevada community, saying the lower court improperly found that the subsidiary could collect damages above zero dollars.
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October 22, 2025
Two Firms Work On $168M NYC Hotel Loans, Sale
The Dominick Hotel, a 46-story, 391-room hotel in Manhattan's SoHo neighborhood, was sold off and connected to loan deals worth more than $168 million combined in separate transactions guided by Hogan Lovells and Kriss & Feuerstein LLP, according to official property records.
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October 22, 2025
Fifth Attorney For Michigan Pastor Exits Zoning Suit
A Michigan federal judge Wednesday allowed the fifth lawyer who represented a pastor in a zoning ordinance and retaliation dispute against a township to withdraw from the case, a few months after refusing to recuse himself from the case over a comment about the turnover rate for the pastor's counsel.
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October 22, 2025
NJ Panel Hints Affordable Housing Rules Fight Is Moot
A New Jersey appellate panel questioned on Wednesday whether 28 towns' challenge to interim affordable housing rules might become moot, as permanent regulations are expected within two months — but municipal attorneys argued the current rules have already forced planning decisions that could be upended.
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October 22, 2025
NC Biz Court Bulletin: COVID Coverage, A Suspect Signature
The North Carolina Business Court has rounded the corner into fall with insurance disputes over COVID-19 coverage at a chain of outlet malls and the theft of over $900,000 in legal THC reportedly stolen from a warehouse in the Southwest.
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October 22, 2025
Institutional Real Estate Allocations Drop, Rebound Expected
Institutional investors planned to put less capital toward real estate strategies in 2025 than what they had earmarked the year prior, marking the first time Hodes Weill & Associates and Cornell University have seen such a decline since they began surveying over a decade ago.
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October 22, 2025
Talonvest Closes $205M Loan Deals For Self-Storage Assets
Talonvest Capital Inc. has closed two portfolio refinancing loan deals worth $205.2 million for Etude Capital-owned self-storage portfolios that include 31 self-storage assets in total, the commercial real estate advisory firm announced.
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October 22, 2025
4 Firms Guide $27B Meta, Blue Owl Data Center Campus JV
Latham & Watkins, Eversheds Sutherland, Kirkland & Ellis and Milbank LLP guided Meta Platforms Inc.'s joint venture with Blue Owl Capital, which will fund the development of a $27 billion data center campus in Richland Parish, Louisiana.
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October 22, 2025
NY Bill Seeks Clean Energy Payment Exemption For Tax Caps
New York would exempt payments in lieu of taxes for renewable energy projects from local governments' property tax cap calculations under a bill introduced in the state Assembly.
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October 22, 2025
Winstead Real Estate Co-Chair Talks Healthcare Dealmaking
Healthcare real estate transactions have evolved in recent years, as hospital systems increasingly see selling their real estate as a way to raise funds, and as the delivery model for healthcare shifts to a retail model.
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October 22, 2025
Arcade On Las Vegas Strip, Facing Eviction, Files Ch. 11
Las Vegas-based Electric Playhouse, a high-tech gaming and dining center inside the mall at the world-renowned Caesars Palace resort, filed for Chapter 11 bankruptcy protection in Nevada, facing a pending eviction and millions in unpaid claims from contractors.
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October 21, 2025
NFL Star Travis Kelce Joins Six Flags Investment Group
Kansas City Chiefs tight end Travis Kelce has partnered with a group that includes Jana Partners on an investment to own 9% of Six Flags Entertainment Corp., according to a Tuesday announcement.
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October 21, 2025
NYC Mayor Unveils Jewel Streets Affordable Housing Plan
New York City's mayor announced on Tuesday plans to improve the Jewel Streets area in Brooklyn and Queens by building 1,400 affordable and mixed-income homes, undertaking a rezoning plan that aims to develop an additional 3,600 homes, and investing $146 million to improve local infrastructure.
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October 21, 2025
6th Circ. Probes If Prior Cases Block Landowner's $2M Award
A Sixth Circuit panel appeared torn Tuesday over Detroit's appeal of a $2 million condemnation judgment for a landowner whose commercial property was in the path of airport expansion plans, with one judge trying to tease out the effect of previous state court proceedings where the city prevailed.
Expert Analysis
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Dewberry Ruling Is A Wakeup Call For Trademark Owners
The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.
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How GSA Lease Clauses May Affect DOGE Terminations
The Department of Government Efficiency has begun to cut the U.S. General Services Administration's enormous real estate portfolio, but some standard lease clauses include limits helpful to landlords that may slow progress toward the administration's cost-cutting goals, say attorneys at Pillsbury.
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What SDNY Judge Can And Can't Do In Adams Case
The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Corp. Transparency Act's Future Under Treasury's Bessent
The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.
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Nippon Order Tests Gov't Control Over Foreign Investments
The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden’s January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government’s microscope, say attorneys at Blank Rome.
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A Look At A Possible Corporate Transparency Act Exemption
Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.
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As EPA Backs Down, Expect Enviros To Step Up Citizen Suits
As President Donald Trump's U.S. Environmental Protection Agency draws down federal enforcement efforts, environmental groups will step into the void and file citizen suits — so companies should focus on compliance efforts, stay savvy about emerging analytical and monitoring methods, and maintain good relations with neighbors, say attorneys at Beveridge & Diamond.
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Emphasize Social Spaces During RE Project Public Review
As Boston continues to work through revisions to its public review process for real estate projects, developers attempting to balance impact mitigation and community improvements may benefit from emphasizing the ways in which development plans can facilitate open social exchange, says David Linhart at Goulston & Storrs.
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What Contractors Can Do To Address Material Cost Increases
In light of the Trump administration's plans to increase tariffs on Mexico, Canada and China, construction industry players should proactively employ legal strategies to mitigate the impacts that price increases and uncertainty may have on projects, says Brenda Radmacher at Seyfarth Shaw.
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Reg Waiver Eases Calif. Rebuilding, But Proceed With Care
California Gov. Gavin Newsom's executive order suspending some environmental review and permitting requirements for the reconstruction of homes and businesses damaged by recent wildfires may streamline rebuilding efforts, but will require careful navigation of the evolving regulatory landscape, says Gregory Berlin at Alston & Bird.
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Insurance Considerations For LA Wildfire Recovery
Businesses and homeowners affected by the destructive Southern California wildfires must act swiftly and strategically to navigate the complexities of the insurance recovery process, including by identifying all applicable policies, documenting damage thoroughly and keeping abreast of relevant state law, say attorneys at Morgan Lewis.
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LA Wildfires' Effect On Calif. Insurer Of Last Resort
Attorneys at Willkie discuss the background of California's insurer of last resort — known as the Fair Access to Insurance Requirements Plan — and examine the process of assessing member insurers and relevant recent property insurance market developments in light of the destruction from the ongoing Los Angeles wildfires.