Commercial

  • December 23, 2025

    Paul Hastings Guides Mavik's $685M Real Estate Fundraise

    Credit-focused investment firm Mavik, advised by Paul Hastings LLP, said Tuesday it has closed its second real estate fund focused on special situations and overlooked assets at $685 million, surpassing the vehicle's target.

  • December 22, 2025

    Insurer Owes $8.9M For Storm Damage, Property Owners Say

    An insurer owes an additional $8.9 million for wind and hail damage to an Indiana apartment complex, the property owners told a federal court Monday, saying the carrier has wrongfully limited coverage to approximately $785,000.

  • December 22, 2025

    4 Real Estate Sectors To Watch In 2026

    Real estate attorneys are expecting trends that surfaced this year to continue and strengthen in 2026, and are keeping a close eye on a few sectors, including data centers and sports real estate development.

  • December 22, 2025

    Sallie Mae Investor Sues Over Late Student Loan Payments

    Sallie Mae is facing a possible class action in New Jersey that accuses the company and its top executives of committing securities fraud by underselling an increase in student loan delinquencies.

  • December 22, 2025

    3 Firms Guide Kering's $450M NYC Mortgage Loan Deal

    An entity connected to Kering Americas Inc. borrowed a $450 million mortgage loan that uses a downtown Manhattan commercial property as collateral, in a deal guided by Ropes & Gray LLP, White & Case LLP and Arnold & Porter Kaye Scholer LLP, according to official property records filed Monday.

  • December 22, 2025

    Cleary, Orrick Guide Alphabet's $4.75B Data Center Biz Buy

    Alphabet Inc. has agreed to pay $4.75 billion to buy Intersect Power, a data center infrastructure developer the Google owner has partnered with for about a year, in a deal advised by Cleary Gottlieb Steen & Hamilton LLP and Orrick Herrington & Sutcliffe LLP, the companies said Monday.

  • December 22, 2025

    Downtown NYC Office-To-Resi Project Lands $867M Financing

    A 30-story, office-to-residential conversion project in Lower Manhattan's Financial District, the largest of its kind, has secured an $867 million financing package from an array of lenders, borrower-side broker Walker & Dunlop announced Monday.

  • December 22, 2025

    Physicist Takes No-Jail Deal To End 'Buffalo Billion' Saga

    A New York physicist who over a decade ago allegedly defrauded the Empire State's "Buffalo Billion" development initiative while serving as president of SUNY Polytechnic Institute copped to a conspiracy count Monday in another step toward closing a case that wound its way up to the U.S. Supreme Court.

  • December 19, 2025

    Hogan Lovells Guides Scholastic's $481M Leaseback Deals

    Publisher Scholastic Corp. announced it has completed sale-leasebacks for its New York City headquarters as well as its largest distribution facility, noting the two deals generated $481 million in total proceeds.

  • December 19, 2025

    Agent Sues Over $1.6M Ex-Hudson Hotel Ch. 11 Escrow Tussle

    The escrow agent holding $1.6 million related to the developer of the former Hudson Hotel near Manhattan's Columbus Circle has sued the debtor in Delaware bankruptcy court in an effort to resolve conflicting instructions on what to do with the funds. 

  • December 19, 2025

    Judge Lets White House Ballroom Project Continue For Now

    A D.C. federal judge gave President Donald Trump the green light to continue his East Wing ballroom plans, finding that the National Trust For Historic Preservation had not shown a "clear and present" reason to grant a temporary restraining order.

  • December 19, 2025

    Taxation With Representation: Baker Botts, Morgan Lewis

    In this week's Taxation With Representation, Trump Media and Technology Group merges with fusion power company TAE Technologies, pharmaceutical company Cencora boosts its stake in cancer care company OneOncology, and Phoenix Financial partners with private equity giant Blackstone to plug billions into various credit strategies.

  • December 19, 2025

    Real Estate Law Firm Expands In Georgia With Athens Office

    The real estate law firm Goggans Stutzman Hudson Wilson & Mize LLP announced that it has opened a new office in Athens, Georgia, to be led by a partner with more than 25 years of experience in commercial and residential real estate matters.

  • December 18, 2025

    $10B Verdict Hinges On Witness Order, Katyal Tells Panel

    Milbank's Neal Katyal urged a California state appellate panel to grant a new trial to a man who lost an estimated $10 billion verdict when a jury found he violated an oral agreement with his brothers over a real estate empire, saying the witness order violated a civil procedure rule.

  • December 18, 2025

    NY Regulators Back Dispensary Against Local Zoning

    The New York State Office of Cannabis Management is putting its weight behind a Long Island dispensary's bid seeking to invalidate a township's zoning ordinance requiring such businesses to secure special permissions before operating, saying the local regulations are preempted by state cannabis law.

  • December 18, 2025

    Judge Clears Path For Trump Library Land Transfer

    A Florida state judge on Thursday dissolved an injunction blocking the transfer of Miami-Dade College-owned land to the state for the Donald J. Trump Presidential Library and dismissed the suit challenging the transfer.

  • December 18, 2025

    Hilton's $70M Tax Value Cut Appealed To Minn. Supreme Court

    Drops in the tax valuations of a Hilton hotel and convention center in Minneapolis, including a $70 million cut during one year, were wrongly ordered by the Minnesota Tax Court, the local assessor said, urging the state Supreme Court to review the case.

  • December 18, 2025

    NFL's Bears Dangle Ind. Move As Ill. Stadium Plans Stall

    The Chicago Bears will consider locations for a proposed new stadium outside the city, including in Indiana, because Illinois lawmakers have not supported their plan for suburban Arlington Heights, team President Kevin Warren said.

  • December 18, 2025

    Latham, Debevoise Steer Howard Hughes' $2.1B Vantage Buy

    Texas-based Howard Hughes Holdings Inc., led by Latham & Watkins LLP, on Thursday announced plans to acquire private equity-backed specialty insurance and reinsurance company Vantage Group Holdings Ltd., advised by Debevoise & Plimpton LLP, in a $2.1 billion deal.

  • December 17, 2025

    AI Bolstered Proptech Development, Growth In 2025

    Amid the ongoing frenzy over artificial intelligence, the property technology sector showed signs of maturing in 2025 along with an upswing in investments.

  • December 17, 2025

    Hotel Sector Navigates Uneven Recovery In 2025

    While the hotel sector in 2025 welcomed signs of normalization after whipsaw results during the past five years, headwinds generated by an uncertain economy and other events stalled any hopes of a breakout year, BigLaw hospitality group leaders told Law360 Real Estate Authority.

  • December 17, 2025

    LSU Districts' Taxes Challenged For Not Getting Voter OK

    A former Louisiana councilperson filed a suit against two economic improvement districts associated with Louisiana State University on Wednesday, saying the jurisdictions failed to get taxpayer approval before raising sales taxes.

  • December 17, 2025

    Fed. Circ. Says Biz Can Recover Damages For Building Loss

    The Federal Circuit revived an Illinois business's claim on Wednesday for $460,000 in damages after the U.S. Army Corps of Engineers revoked the company's lease to operate a wedding and event venue at a Carlyle Lake recreation center and took its building. 

  • December 17, 2025

    NYC Real Estate Week In Review

    Tarter Krinsky & Drogin LLP, Paul Hastings LLP, Sheppard Mullin Richter & Hampton LLP and DLA Piper were among the law firms that advised the biggest New York City real estate deals in deed filings last week, including two office buildings in Manhattan that sold for over $200 million.

  • December 17, 2025

    Boston Accused Of Retaliating Over Property Tax Appeals

    The city of Boston retaliated against commercial property owners that appealed their valuations to a state board by unlawfully boosting those valuations, an owner said in a proposed class action filed Wednesday in Massachusetts state court.

Expert Analysis

  • 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.

  • Foreclosing Lenders Still Floating In Murky Legal Waters In NY

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    The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.

  • NYC Hotel Licensing Law's Costs May Outweigh Its Benefits

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    A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.

  • Calif. Ruling Offers Hope For Mitigated Negative Declarations

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    In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds — a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.

  • There's No Crying In Property Valuation Baseball Arbitration

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    The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes — in which each side offers competing valuations to an arbitrator, who must select one — is often ideal for resolving property valuation disputes, say Sean O’Donnell at Herrick Feinstein and Mark Dunec at FTI Consulting.

  • Webuild Ruling Complicates Arb. Award Enforcement In US

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    A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.

  • How To Avoid A Costly CPA Limitation Hidden In Most Leases

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    The lease audit rights clause is a seemingly innocuous provision in most commercial real estate leases that ends up costing tenants millions of dollars each year, as they have unwittingly agreed to retain only an accountant to investigate and settle financial issues, says Jason Aster at KBA Lease Services.

  • Navigating FEMA Grant Program For Slope Fixes After Storms

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    In the aftermath of Hurricanes Helene and Milton, it is critical for governments, businesses and individuals to understand the legal requirements of the Federal Emergency Management Agency's grant programs to obtain funding for crucial repairs — including restoration of damaged infrastructure caused by landslides and slope failures, says Charles Schexnaildre at Baker Donelson.

  • Smith's New Trump Indictment Is Case Study In Superseding

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    Special counsel Jack Smith’s recently revised Jan. 6 charges against former President Donald Trump provide lessons for prosecutors on how to effectively draft superseding indictments in order to buttress or streamline their case, as necessary, says Jessica Roth at Cardozo Law School.