Commercial

  • October 27, 2025

    NYC Property Tax Limit Measure Sent To Hochul

    New York state would allow New York City to adopt lower annual growth caps for the portion of the overall property tax levy paid by each property tax class for the city's 2026 fiscal year under a bill sent to Gov. Kathy Hochul.

  • October 26, 2025

    7 Firms Steer $2.1B Take-Private Deal For Plymouth REIT

    Real estate investment firm Makarora Management LP and Ares Management Corp. have agreed to acquire and take private Plymouth Industrial REIT Inc. in a $2.1 billion cash deal guided by seven law firms, coming three months after a competing buyout offer for Plymouth.

  • October 24, 2025

    Mining Co. Denied Access To Tribal Docs In Minn. Land Row

    A Minnesota federal magistrate judge has denied a request for discovery by Northshore Mining Co. against the Fond du Lac Band of Lake Superior Chippewa Indians in the tribe's lawsuit over a land exchange, saying the tribe did not cause any unreasonable delays that require discovery.

  • October 24, 2025

    NJ Panel Tosses Sprawling Legal Malpractice, Fraud Suit

    A New Jersey state appellate court has backed the permanent dismissal of a developer's legal malpractice and fraud suit against Cooper Levenson April Niedelman & Wagenheim PA and other parties, ruling that the state's entire controversy doctrine, which requires litigants to put all their relevant allegations in a single suit, bars his claims.

  • October 24, 2025

    Judge Won't Block Empire Wind Project

    A D.C. federal judge declined to stop work on an 80,000-acre offshore wind project off the New York and New Jersey coasts Friday, saying the nearby residents challenging the project failed to show that the windfarm would injure migratory bottlenose dolphins.

  • October 24, 2025

    Fannie Mae Promotes Deputy GC To Acting Top Atty

    Fannie Mae announced that it has elevated its deputy general counsel to acting general counsel, after the previous attorney to hold the position decided to move on from the post.

  • October 24, 2025

    Judge Lifts Ch. 11 Stay On Prospect Medical Tort Suits

    A Texas bankruptcy judge on Friday gave Prospect Medical Holdings permission to sell two Connecticut hospitals for $86 million and gave tort claimants the go-ahead to proceed with suits against the hospital chain, saying she was "beyond frustrated" with delays in settling the claims.

  • October 24, 2025

    Md. Office Building Valuation Cut In Half By Tax Court

    A Maryland office building was overvalued at roughly $40 million in tax years 2023 and 2024, the state tax court found, agreeing with an income analysis presented by the property owner that its value should be reduced by half.

  • October 24, 2025

    Taxation With Representation: Latham, Wachtell, Gibson Dunn

    In this week's Taxation With Representation, Meta announces a joint venture with Blue Owl Capital to fund the development of a data center campus in Louisiana, private equity giants acquire medical technology company Hologic Inc., and National Fuel Gas Co. buys CenterPoint Energy Inc.'s Ohio natural gas utility business.

  • October 24, 2025

    Judge Tells Feds To 'Fish Or Cut Bait' On 'Buffalo Billion' Case

    A Manhattan federal judge said Friday it's time for prosecutors to either make a deal with four men whose 2018 bid-rigging convictions from an upstate New York development initiative were overturned by the U.S. Supreme Court, or schedule a 2026 retrial.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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."

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

Expert Analysis

  • LA Wildfires' Effect On Calif. Insurer Of Last Resort

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    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.

  • 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.