Commercial
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August 13, 2025
Judge Blocks Trump Restrictions For $12B In Federal Grants
A Washington federal judge temporarily blocked restrictions imposed by the Trump administration, such as an anti-gender ideology restriction, on access to more than $12 billion worth of federal grants, ruling in part that the federal government exceeded its authority.
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August 13, 2025
Feds Skirting Risky Debt As 1 Bank Stays Highly Leveraged
Federal regulators aren't scrutinizing risky real estate loans even though some banks have a substantial volume of high-risk debt on their books, a banking source told Law360 Real Estate Authority.
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August 13, 2025
Seyfarth Adds Construction Trio From Akerman And Boutique
Seyfarth Shaw LLP announced Wednesday that a trio of experienced construction attorneys have joined the firm's Los Angeles office, including two hires from Akerman LLP.
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August 13, 2025
Scarinci Hollenbeck Adds 4 Litigators In NYC
Scarinci Hollenbeck LLC has added four litigators previously with Kishner Legal PC who have expertise in areas such as commercial litigation and real estate as attorneys in its New York City office, the firm announced Wednesday.
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August 13, 2025
Pillsbury Adds Weil Duo To Lead East Coast Real Estate Team
Pillsbury Winthrop Shaw Pittman LLP has added two partners from Weil Gotshal & Manges LLP to serve as the co-leaders of its East Coast real estate practice, the firm said Wednesday.
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August 13, 2025
Insurer Owes Defense In Hotel Trafficking Suits, Court Told
Red Roof Inn told an Ohio federal court Wednesday that a Liberty Mutual unit must defend it in 11 lawsuits alleging it violated the U.S. Trafficking Victims Protection Reauthorization Act by financially benefitting from human trafficking, arguing the claims fall outside separate exclusions for intended and criminal acts.
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August 13, 2025
Rising Star: Kirkland's Katie Roddy
Katie Roddy of Kirkland & Ellis LLP advised Hudson Pacific Properties on its $700 million sale of a shuttered Los Angeles mall to UCLA after the pandemic complicated Hudson's office redevelopment plans, earning her a spot among the real estate law practitioners under age 40 honored by Law360 as Rising Stars.
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August 13, 2025
Resi REITs Still Waiting Out Oversupply In Q2
As the surplus of new apartment supply continues to burn off across the country, residential real estate investment trust executives said on second-quarter earnings calls that operators are focusing on driving occupancy rates while they wait for supply to constrict further in 2026 and 2027.
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August 13, 2025
Attys Tee Up Projects As Midtown Rezoning Nears Finish Line
New York City is poised to allow dense residential development in Midtown South, including in the Garment District, a historic hub for clothing manufacturing, in what land use attorneys say is a major flex for the city's new zoning regime.
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August 13, 2025
Delaware Bill Seeks Separate Tax Rates For Property Types
Delaware would authorize school districts to set different tax rates for residential and nonresidential property under a bill introduced in the state House for consideration in a special legislative session.
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August 13, 2025
Vornado Reaches $120M Refi For Manhattan Retail Property
Vornado Realty Trust said it has completed a $120 million refinancing of a 204,000-square-foot retail property in Manhattan that hosts one of New York City's first Whole Foods Markets.
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August 13, 2025
Hotels Lean On Luxury Appeal Amid Economic Uncertainty
The hospitality sector has endured a challenging recovery from the pandemic and now faces broad economic uncertainty stemming from President Donald Trump's trade wars, but, at least for companies focused on the higher end of the market, recent results have been encouraging and there is reason for optimism, executives said in their latest earnings calls.
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August 13, 2025
NY Senate Bill Would Bar Tax Breaks For Political Nonprofits
New York property tax exemptions for nonprofits would no longer apply to entities engaged in political activity under a bill introduced Wednesday in the state Senate.
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August 13, 2025
Del. Lawmakers OK Property Tax Payment, Refund Changes
Delaware would make property tax changes including allowing installment payments and changing refund rules under bills approved by lawmakers and sent to the governor.
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August 12, 2025
Title Co. Hits Atty With Malpractice Suit Over $2.5M Refi
Fidelity National Title Insurance Co. on Monday filed suit in state court against a Connecticut attorney, alleging his oversight when issuing a loan policy of title insurance for a $2.5 million refinancing cost Fidelity $920,000.
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August 12, 2025
Pa. Marina Can't Cite 1849 Law To Reopen Railroad Crossing
A Pennsylvania federal judge on Tuesday rejected an attempt by the owner of a bar and marina south of Pittsburgh to claim an 1849 law in seeking to force railroad company CSX Transportation to reopen a rail crossing providing the only public access to the business.
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August 12, 2025
Corp. Unveils $400M Texas Acute Care Hospital Project
Community Hospital Corp. revealed its $400 million plan to build a nonprofit acute care hospital in Sherman, Texas, that's currently scheduled to start construction in early 2026 and to begin accepting patients in early 2028, according to the company's Tuesday announcement.
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August 12, 2025
Fed. Circ. Won't Revive Real Estate Co.'s IRS Contract Dispute
A real estate company failed to show that the Internal Revenue Service improperly blocked its bid to continue leasing office space to the agency after agency employees complained about the building, the Federal Circuit said Tuesday, affirming a Court of Federal Claims ruling.
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August 12, 2025
Ex-Stearns Weaver Land Use Pro Joins Wife At Fla. Boutique
A Tampa land use attorney left his practice at Stearns Weaver Miller after a decade to join his wife, the founding partner of boutique firm Barbas Cremer PLLC, achieving a goal they've had since meeting in law school.
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August 11, 2025
How A Nonexistent Bar Unraveled A California Bribery Case
The criminal case against Palm Springs, California, developer John Wessman hinged on a cooperating witness's testimony that Wessman hatched a plan with him at a bar to bribe the city's then-mayor, but his defense counsel from Keker Van Nest & Peters LLP blew up that story on cross-examination by demonstrating the bar hadn't even opened at that time, helping to obtain an acquittal.
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August 11, 2025
CRE Fintech Firm Securities Paused For Possible Arbitration
A proposed class action accusing real estate platform CrowdStreet of enabling a $63 million fraud was paused Monday to allow individual arbitration to decide if the investors' claims can proceed.
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August 11, 2025
Cadwalader Nabs Sidley Real Estate Partner With CLO Focus
Cadwalader Wickersham & Taft LLP has brought on a structured finance pro from Sidley Austin LLP to co-head its commercial real estate collateralized loan obligation practice, the firm announced on Friday.
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August 11, 2025
2 Firms Guide REIT's Close Of $145M Seattle Hotel Sale To JV
Braemar Hotels & Resorts closed on a $145 million sale of a Marriott-branded hotel in Seattle to a joint venture between Sixth Street Partners LLC and Riller Capital LLC, in a deal guided by Jackson Walker LLP and Latham & Watkins LLP, per securities filings.
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August 11, 2025
Sills Adds Ex-Rosenberg Atty To Litigation, Real Estate Teams
Sills Cummis & Gross PC hired a former Rosenberg & Estis PC member to join the firm's litigation and real estate teams in New York City.
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August 11, 2025
Dentons Tops List Of Firms With Biggest Water Law Teams
Dentons, Troutman Pepper Locke LLP and WilmerHale are among the large U.S. law firms that have sizable teams of lawyers that work on water matters, according to an analysis by Law360 Real Estate Authority.
Expert Analysis
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Bid Protest Spotlight: Debriefings, Timeliness, Documentation
James Tucker at MoFo examines three recent decisions from the Federal Circuit, the U.S. Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.
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A Look At Recent Case Law On Expedited Judgment In NY
A number of recent New York state court decisions clarify and refine the contours surrounding Civil Practice Law and Rule 3213, providing landlords, lenders and other payees guidance on how to seek accelerated judgment in certain litigation, says Alexander Lycoyannis at Holland & Knight.
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Dealmaker Lessons From CFIUS' New Enforcement Webpage
The Committee on Foreign Investment in the United States’ recently launched webpage, which details the actions — and inactions — that led to enforcement activity, provides important insights for dealmakers about filing requirements, mitigation commitments and the cost of noncompliance, say attorneys at Dechert.
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Reassessing Lease Provisions To Account For ESG Initiatives
As companies seek to build ESG considerations into their businesses, it's crucial to understand how such initiatives can quickly become significant enough to compel reassessment of lease agreement provisions, and how best to modify leases accordingly, say Julian Freeman and Gabe Pitassi at Cox Castle.
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Avoid Getting Burned By Agencies' Solar Financing Spotlight
Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.
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Co-Tenancy Clause Pointers For Shopping Center Landlords
Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at Cox Castle.
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Assessing Algorithmic Versus Generative AI Pricing Tools
A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.
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Navigating A Potpourri Of Possible Transparency Act Pitfalls
Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.
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Keys To Successful Commercial Property Insurance Claims
Excerpt from Practical Guidance
While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.
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Tips For Handling Single Asset Real Estate Bankruptcy Cases
Excerpt from Practical Guidance
Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset real estate debtor Chapter 11 cases, which generally arise when a debtor is forced to file for relief to stop an impending foreclosure sale.
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Increased Scrutiny Raises Int'l Real Estate Transaction Risks
Recently proposed regulations expanding the Committee on Foreign Investment in the United States' oversight, a White House divestment order and state-level legislative efforts signal increasing scrutiny of real estate transactions that may trigger national security concerns, say Luciano Racco and Aleksis Fernández Caballero at Foley Hoag.
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Portland's Gross Receipts Tax Oversteps City's Authority
Recent measures by Portland, Oregon, that expand the voter-approved scope of the Clean Energy Surcharge on certain retail sales eviscerate the common meaning of the word "retail" and exceed the city's chartered authority to levy tax, say Nikki Dobay at Greenberg Traurig and Jeff Newgard at Peak Policy.
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Proposed Law Would Harm NYC Hospitality Industry
A recently proposed New York City Law that would update hotel licensing and staff coverage requirements could give the city commissioner and unions undue control over the city's hospitality industry, and harm smaller hotels that cannot afford full-time employees, says Stuart Saft at Holland & Knight.