Commercial

  • April 30, 2025

    Has Student Housing's Big Moment Just Begun?

    A post-pandemic supply crunch and trends in college enrollment have set the student housing industry up for what might be its strongest decade yet, according to Newmark's top deal broker for the sector.

  • April 29, 2025

    Life Sciences REIT Says Tariffs Won't Affect Current Projects

    An Alexandria Real Estate Equities Inc. executive said during a Tuesday earnings call that tariffs "are not expected to have a material influence" on the yields of the current development and redevelopment projects of the life sciences-focused real estate investment trust.

  • April 29, 2025

    Koi Nation Can't Intervene In Casino Row, Court Told

    The Federated Indians of Graton Rancheria is fighting a bid by a fellow California tribe at the crux of a dispute over the Interior Department's decision to take 70 acres into trust for the construction of a proposed hotel and casino project, arguing it lacks any justification to do so.

  • April 29, 2025

    Perkins Coie Leads 2 SPAC Listings Raising $300M Combined

    Two special-purpose acquisition companies, under similar leadership teams and represented by Perkins Coie LLP, began trading Tuesday after pricing initial public offerings that raised a combined $300 million. 

  • April 29, 2025

    Fried Frank Advises Ralph Lauren On $132M SoHo Retail Buy

    Fashion brand Ralph Lauren completed a purchase of a SoHo retail condominium that it has occupied since 2010, with Fried Frank Harris Shriver & Jacobson LLP guiding the company on the deal.

  • April 29, 2025

    2 Firms Guide $205M Financing For Lender-Seized NYC Office

    A group of South Korean insurance companies led by Ocean West Capital Partners took out $205 million in financing on a Midtown Manhattan office tower after foreclosing on prior owner RFR Realty earlier this month, in a deal advised by DLA Piper LLP and King & Spalding LLP.

  • April 29, 2025

    Welltower Reports $6.2B In Q1 Deals, Surpassing 2024 Results

    Executives of healthcare real estate investment trust Welltower on Tuesday touted the company's work closing more acquisitions during this year's first quarter than it did in all of 2024, ahead of expected economic uncertainty in the year ahead.

  • April 29, 2025

    Hotel Construction Falls In Third Straight Month, CoStar Says

    The volume of hotel rooms under construction across the U.S. fell for the third consecutive month in March, according to figures from real estate analytics company CoStar.

  • April 28, 2025

    Wash. Judge Tosses Investor's $42M Real Estate Con Suit

    A federal judge in Seattle threw out a Las Vegas investment company's lawsuit accusing four businessmen of a $42 million fraud scheme, saying on Monday that the firm hasn't shown a "substantial part" of the allegations occurred in western Washington.

  • April 28, 2025

    Greystone Lends $41M For Minn. Nursing Homes Buy

    Greystone provided a $41 million interest-only, nonrecourse bridge loan for Oxford Capital Group LLC's acquisition of six Minnesota assisted living facilities that have a total of 372 beds, Greystone announced Monday.

  • April 28, 2025

    Wells Fargo Says Atty Is To Blame For SEC's EB-5 Fraud Suit

    An immigration attorney claiming a Wells Fargo adviser led her astray has no one to blame but herself for being sued by the U.S. Securities and Exchange Commission for EB-5 investment fraud, the company told a Nevada federal court.

  • April 28, 2025

    NYC Real Estate Week In Review

    Simpson Thacher and Goulston & Storrs are among the law firms that guided the largest New York City real estate deals to hit public records last week, with a pair of Brooklyn matters topping the list.

  • April 28, 2025

    Commanders Agree To NFL Stadium Deal, Return To DC

    The Washington Commanders will move from their current home in Maryland to a $3 billion stadium at the site of their previous stadium in D.C., team and city officials announced Monday, less than two years after the Commanders were bought by new ownership and less than four months after the federal government transferred control of the site to the city.

  • April 28, 2025

    REIT Closes $109M Freddie Mac Loan On 7 Senior Living Sites

    Healthcare property owner Diversified Healthcare Trust on Monday said it had closed on a $109 million mortgage from Freddie Mac, secured by seven senior living sites in seven states, in a refinancing effort. 

  • April 28, 2025

    Latham Advises REIT's $340M Stock Offering

    Retail-focused real estate investment trust Agree Realty Corp. signed a forward sale agreement in which the REIT made a more than $340 million public offering of 4.5 million shares of its common stock for the price of $75.70 apiece, in a deal guided by Latham & Watkins LLP, the law firm announced.

  • April 28, 2025

    Holland & Knight Guides $98M NYC Retail, Office Refi

    An affiliate of New York City-based developer Bruman Realty LLC secured a $98.2 million refinancing from Starwood Mortgage Capital LLC for a Brooklyn mixed-use redevelopment, in a deal guided by Holland & Knight LLP.

  • April 28, 2025

    Latham-Led StepStone Real Estate Clinches $3.77B 5th Fund

    Latham & Watkins LLP-advised StepStone Real Estate on Monday revealed that it clinched its fifth flagship fund with $3.77 billion in tow.

  • April 28, 2025

    Md. Expands Tax Break For Biz-Owned Child Care Property

    Maryland expanded eligibility for a property tax credit for Anne Arundel County businesses that dedicate a portion of their property to child care services under a bill signed by the governor.

  • April 28, 2025

    High Court Won't Hear Michigan Tribe's Land Trust Dispute

    The U.S. Supreme Court declined to hear a Michigan tribe's arguments that the federal government must take 73 acres into trust for a casino venture outside Detroit, after it told the justices that without the decision its ability to achieve economic self-sufficiency would be forever impaired.

  • April 25, 2025

    Texas High Court Keeps Alive REIT's 'Short And Distort' Suit

    The Texas Supreme Court found that a farmland-centered real estate investment trust's suit against a Dallas-based hedge fund could continue, but in a Friday opinion it also said a bid to dismiss the suit under the state's anti-SLAPP law could proceed on the merits.

  • April 25, 2025

    Migration Agency Faces $100M EB-5 Investor Fraud Suit

    A group of Chinese investors have filed a proposed class action accusing a Washington-based migration agency and a real estate investment group manager of fraudulently raising $100 million from overseas investors pursuing permanent U.S. residence via the EB-5 program with property that has now been auctioned off.

  • April 25, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    Tupperware looked for permission to end healthcare reimbursements for roughly 230 employees; Heritage Coal's owners asked a Delaware bankruptcy judge to allow the company to complete a permit transfer as part of a pre-Chapter 11 sale; and Film Finance Inc., behind productions including "Everything Everywhere All At Once," sought to have its Chapter 11 case dismissed. Here are some of the bankruptcy stories you may have missed last week.

  • April 25, 2025

    Fried Frank Guides $350M Starwood Refi On FiDi Tower

    Fried Frank Harris Shriver & Jacobson LLP advised a $350 million refinancing provided by Starwood Property Trust for Manhattan's 125 Greenwich supertall luxury condo tower.

  • April 25, 2025

    $1.1M Hail Coverage Suit Against Travelers Is Time-Barred

    An Oklahoma property owner cannot get revised coverage from two Travelers units for more than $1.1 million in claimed hail damage repairs, an Oklahoma federal court ruled, finding that after Travelers paid roughly $100,000 in coverage, the property owner filed its coverage action too late. 

  • April 25, 2025

    Pa. Justices Clarify Property Use Statuses In Condemnations

    The Pennsylvania Supreme Court on Friday reversed a lower court decision that determined that two separated land parcels shouldn't be considered and valued as a single parcel that's used for a single unified purpose.

Expert Analysis

  • Investor Essentials For Buying Federally Owned Property

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    Investors and developers can take advantage of the Trump administration's plan to sell government-owned real estate by becoming familiar with the process and eligible to bid, and should prepare to move quickly once the U.S. General Services Administration posts the list of properties for sale, say attorneys at Holland & Knight.

  • How 2025 Is Shaping The Future Of Bank Mergers So Far

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    Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.

  • Why NY May Want To Reconsider Its LLC Transparency Law

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    Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

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    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.

  • How GSA Lease Clauses May Affect DOGE Terminations

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    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.

  • What SDNY Judge Can And Can't Do In Adams Case

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    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.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “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.

  • Corp. Transparency Act's Future Under Treasury's Bessent

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    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.

  • Nippon Order Tests Gov't Control Over Foreign Investments

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    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.

  • A Look At A Possible Corporate Transparency Act Exemption

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    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.

  • As EPA Backs Down, Expect Enviros To Step Up Citizen Suits

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    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.

  • Emphasize Social Spaces During RE Project Public Review

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    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.

  • What Contractors Can Do To Address Material Cost Increases

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    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.