Commercial

  • October 21, 2025

    SilverRock Approved For $65M Sale Of Calif. Resort Project

    Bankrupt real estate development firm SilverRock Development Co. LLC received approval Tuesday from a Delaware judge for the $65 million sale of its resort project assets to affiliates of Turnbridge Equities, with the court overruling objections tied to an existing ground lease on the property.

  • October 21, 2025

    BGO Raises $800M For Industrial, Data Center Projects

    Investment manager BGO announced Tuesday that it closed its inaugural U.S. industrial strategies fund after raising $800 million, including $260 million raised via a data center co-investment fund.

  • October 21, 2025

    Agallas Sets $400M Goal For Dominican RE Projects Fund

    Agallas Equities LLC launched a real estate investment fund that aims to raise $400 million for "high-impact projects" in the Dominican Republic, the real estate investment firm and developer announced Tuesday.

  • October 21, 2025

    Arkansas Banks Shoulder Heavy Construction Debt Burden

    Several of the nation's most highly leveraged construction lenders are Arkansas banks, as state regulators have greenlighted construction debt levels of more than 10% of total assets at a trio of institutions, according to an investigation by Law360 Real Estate Authority.

  • October 21, 2025

    Greenberg Traurig Opens 51st Office In Aspen, Colo.

    Greenberg Traurig LLP announced the opening of a new office in Aspen, Colorado, on Tuesday, putting a franchise and distribution shareholder in charge of the firm's 51st location worldwide.

  • October 21, 2025

    2 Calif. Tribes Seek Early Win Against OK'd Casino Project

    Two California Native American tribes and an environmental nonprofit are seeking a summary judgment win in their suit accusing the federal government of improperly approving another California tribe's casino project that they say hasn't been properly assessed for environmental impact.

  • October 21, 2025

    J&J Appeals $25M Loss In Conn. Builder's Asbestos Case

    Johnson & Johnson has appealed its losses in a Connecticut real estate developer's asbestos lawsuit, telling state trial and appellate courts that it plans to challenge denials of multiple bids to reverse a $15 million jury verdict plus an additional $10 million in punitive damages awarded by a judge.

  • October 20, 2025

    SpaceX Settles Cards Against Humanity's $15M Trespass Suit

    SpaceX and Cards Against Humanity have settled the Chicago-based game company's $15 million suit accusing SpaceX of trespassing and dumping trash and machinery on a once-pristine Texas property that Cards Against Humanity purchased to block President Donald Trump's U.S.-Mexico border wall.

  • October 20, 2025

    Walker & Dunlop Lines Up $92M Chicago Hotel Refi

    Walker & Dunlop Inc. has secured a $92 million "floating rate, interest only" refinancing loan for a 23-story Chicago hotel with 466 rooms, the company announced Monday.

  • October 20, 2025

    NYC Real Estate Week In Review

    Fried Frank, Sheppard Mullin, Gibson Dunn and Morgan Lewis are among the law firms that guided the largest New York City real estate deals that hit public records last week, with two Manhattan trades north of $200 million leading the way.

  • October 20, 2025

    Miami Board Gives Key Approval For $2B Mixed-Use Project

    Rosso Development, Midtown Development and Proper Hospitality, guided by Greenberg Traurig, have secured approval from Miami officials for a $2 billion mixed-use project in the city's Midtown Park neighborhood, setting the stage for construction to begin in 2026.

  • October 20, 2025

    Minneapolis Hilton Wins $70M Cut To Tax Value

    The Minnesota Tax Court has lowered the assessed values of a Hilton hotel in Minneapolis for each of four years, including by $70 million for 2017, adopting the owner's method for parsing the hotel's tangible and intangible assets.

  • October 20, 2025

    CIP, Almanac Land $820M Refi For 6-State Industrial Portfolio

    A joint venture between CIP Real Estate and Almanac Realty Investors obtained an $820 million refinancing for a large portfolio of industrial properties spanning six states, according to a Monday announcement by borrower-side broker JLL.

  • October 20, 2025

    NJ Panel Tosses Challenge To Jersey City Plaza Renovation

    A New Jersey appellate court rejected an appeal for a suit that challenged the renovation of a Jersey City plaza, ruling that the appeal is moot because the renovation project is finished and the plaintiffs don't want to get rid of the renovations.

  • October 17, 2025

    SilverRock $65M Asset Sale Ruling Delayed Amid Objections

    A Delaware bankruptcy judge has delayed California property developer SilverRock Development Co. LLC's $65 million asset sale of a 135-acre site in La Quinta, California, to its stalking horse bidder, following objections from lenders and other creditors.

  • October 17, 2025

    Robbins Geller To Steer REIT Investors' Suit Over $787M Deal

    Robbins Geller Rudman & Dowd LLP will lead a proposed class of investors in real estate investment trust Broadmark Realty Capital Inc. who claim they were misled by executives from the REIT ahead of a $787 million merger with Ready Capital Corp. in 2023.

  • October 17, 2025

    Prologis Eyeing 'The Art Of The Possible' For Data Centers

    Prologis Inc. is bullish on data center development in the near term and said on its recent quarterly earnings call that spending $3 billion a year in data center starts would be "very easy" for the real estate investment trust.

  • October 17, 2025

    Stearns Weaver Adds Phelps Real Estate Ace In Tampa

    Stearns Weaver Miller Weissler Alhadeff & Sitterson PA has picked up a new of counsel for its Tampa office, adding an attorney from Phelps Dunbar LLP who is experienced in transactional real estate matters.

  • October 17, 2025

    2 Firms Steer $4.2B Mandarin Oriental Buyout

    Hong Kong-based conglomerate Jardine Matheson Holdings Ltd. said Friday it will acquire the remaining 11.96% of Mandarin Oriental International Ltd. that it does not already own, valuing the luxury hotel operator at about $4.2 billion.

  • October 17, 2025

    Steptoe Hires Corporate, Energy, Transactions Partner

    Steptoe LLP has hired the former lead land use and real estate counsel for Florida's almost $3 billion I-4 ultimate highway reconstruction project, who has joined the firm's Washington, D.C., transactions practice to continue working with energy, infrastructure and real estate development matters.

  • October 17, 2025

    Taxation With Representation: Latham, Kirkland, Wachtell

    In this week's Taxation With Representation, the Artificial Intelligence Infrastructure Partnership, MGX, and BlackRock's Global Infrastructure Partners acquire Aligned Data Centers from Macquarie Asset Management and co-investors; Rayonier Inc. and PotlatchDeltic Corp. merge to create a timber and wood products giant; and a Lone Star Funds affiliate acquires industrial processing equipment provider Hillenbrand Inc.

  • October 16, 2025

    CBRM Lenders Seek To Nix Ch. 11 Case

    The prepetition lenders to bankrupt affiliates of troubled real estate firm CBRM Realty Inc. have asked a New Jersey bankruptcy court to dismiss the Chapter 11, saying that the real goal of the case is to "vault certain stakeholders ahead of prepetition lenders in a misguided sale process," not reorganization.

  • October 16, 2025

    Insurers Settle Bid To Arbitrate $7M La. Hurricane Ida Case

    A group of domestic and foreign insurers including underwriters at Lloyd's of London have asked a Louisiana federal judge to dismiss their lawsuit seeking an order to arbitrate a $7 million Hurricane Ida damage claim, saying they have settled the dispute.

  • October 16, 2025

    Latham Guides $1.8B Deal For Spanish Senior Home Operator

    The real estate arm of StepStone Group Inc. and European real estate investment firm Greykite have announced a €1.5 billion ($1.8 billion) deal to acquire and recapitalize Vitalia, Spain's second largest owner-operator of senior care homes.

  • October 16, 2025

    3 Firms Shape MGM's $546M Sale Of Ohio Gambling Venue

    MGM Resorts International, guided by Weil Gotshal & Manges LLP, plans to sell the operations of a racetrack and casino in Northfield Park, Ohio, for $546 million to private equity firm Clairvest Group, advised by Chapman and Cutler LLP and Duane Morris LLP, the companies said Oct. 16.

Expert Analysis

  • Public Corruption Enforcement In 2024 Has Clues For 2025

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    If 2024 activity is any indication, the U.S. Supreme Court will likely continue to rein in expansive prosecutorial theories of fraud in the year to come, but it’s harder to predict what the new administration will mean for public corruption prosecutions in 2025, says Cathy Fleming at Offit Kurman.

  • Small Biz Caught In Corporate Transparency Act Crossfire

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    Despite compliance being put on hold due to a nationwide preliminary injunction, small businesses have been caught in the middle of the legal battle over the Corporate Transparency Act — and confusion over the law's requirements could result in major penalties, say attorneys at Snell & Wilmer.

  • What's Ahead As Transparency Act Comes To A Crossroads

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    Synthesizing the contrasting federal district and appellate court rulings on the Corporate Transparency Act’s validity reveals several main areas of debate that will likely remain at issue as challenges to the law continue winding through the courts, say attorneys at Farella Braun.

  • 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.