Commercial
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November 20, 2025
NC Hotel Owner Says Insurer Botched Tornado Damage Claim
An insurer failed to conduct a meaningful investigation of a North Carolina hotel's claim for tornado damage, the property owner alleged in a suit removed to federal court, saying the insurer issued a "puzzling" coverage denial referencing damage at a property 150 miles away and a workplace injury in Florida.
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November 20, 2025
Phillips 66 Loses Appeal Of La. Refinery's $1 Billion Value
Phillips 66 cannot use the sale of a refinery in another state in its arguments for lowering the $1 billion assessment of a refinery in Louisiana, a state appeals court said, rejecting the company's appeal of the valuation.
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November 20, 2025
NY Plans 2,000 Homes For 46-Acre Queens Project
The New York State Public Authorities Control Board has greenlit a 46.5-acre redevelopment plan that aims to build more than 2,000 new homes on "largely vacant and underutilized" state-owned land in eastern Queens, the governor announced Thursday.
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November 20, 2025
Chinese Developer Has A Week To Reply To Involuntary Ch. 11
Xinyuan Real Estate, a developer based in Beijing, has until next Wednesday to respond to an involuntary bankruptcy petition that three of its creditors brought in April alleging the company is in default on $170 million in note debt, a judge in New York ruled Thursday.
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November 20, 2025
2nd Circ. Nixes REIT's CLO Fund Mismanagement Claims
The Second Circuit has backed the dismissal of mismanagement and fraud counterclaims lodged by a real estate investment trust and its subsidiary in a dispute involving a collateralized loan-obligation investment fund, ruling that related agreements for the fund don't support their counterclaims.
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November 20, 2025
Husch Blackwell Adds Jackson Walker RE Pro In Texas
Husch Blackwell LLP announced Thursday that it is continuing to expand its national real estate practice with the addition of an attorney in Austin, Texas, who came aboard from Jackson Walker LLP.
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November 20, 2025
Ore. Tax Court Slashes Health Club Property Value By $1M
An Oregon health club that was under renovation was overvalued by a local assessor and should have its value decreased by roughly $1 million, the state tax court said in a decision.
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November 20, 2025
Congressional Dems Revive Bill To Curb Rental Price-Fixing
A group of Democratic lawmakers have reintroduced legislation in Congress to crack down on landlords using algorithms to systematically raise rental prices.
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November 20, 2025
IRS Unveils Interim Rules For Tax Perk For Rural Loan Interest
The IRS released temporary guidance Thursday on a new incentive that would exclude from taxable income 25% of interest from loans secured by a rural or agricultural property, including the definition of an eligible loan and the determination of the property's fair market value.
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November 19, 2025
Would REITs Seize On Semiannual Reporting?
As the U.S. Securities and Exchange Commission preps a rulemaking to relax quarterly reporting mandates, attorneys say numerous factors — including market adoption and investor and analyst pressure — would ultimately determine whether real estate investment trusts report less frequently.
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November 19, 2025
Barings, Waterton Recapitalize Wyoming, Vermont Hotels
Investment manager Barings and real estate investment company Waterton partnered up in a joint venture to recapitalize Waterton's 165-key Wyoming hotel and its 76-key Vermont hotel, the companies announced Wednesday.
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November 19, 2025
Comras Buys Lincoln Road Portfolio, Plans Micro-District
Comras Co. announced on Wednesday it has acquired five buildings on the north side of Miami Beach's Lincoln Road pedestrian mall and unveiled plans to redevelop the portfolio into a "NoLi" micro-district of boutiques, restaurants, and wellness and lifestyle concepts.
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November 19, 2025
Cannabis REIT Innovative Industrial Hit With New Investor Suit
A shareholder for cannabis-focused real estate investment trust Innovative Industrial Properties Inc. accused the REIT's current and former executives Wednesday of not telling shareholders about how poorly several of the its largest tenants were doing.
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November 19, 2025
Blue Vista, UBS, Extra Space Start $600M Self-Storage Venture
Blue Vista Capital Management, Extra Space Storage and UBS' real estate business have teamed up to invest $600 million in self-storage properties in the U.S., with guidance by Kirkland & Ellis, Womble Bond Dickinson and DLA Piper, according to a Wednesday announcement.
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November 19, 2025
Law Firms' Share Of US Office Leasing Grows To 10.5%
The legal sector's presence in the broader U.S. office leasing market grew to 10.5% in the third quarter — over double what it was about seven years ago — with Moore & Van Allen PLLC and Latham & Watkins LLP signing three of the biggest deals, according to a Wednesday report from Savills.
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November 19, 2025
Trump Agrees To Year-End Pause On Painting Historic Office
The Trump administration agreed not to act before the end of the year on a plan by President Donald Trump to coat a historic stone office building in white paint after preservationists sued in federal court last week to stop the proposal.
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November 19, 2025
Realty Investor MLG Capital Names Associate GC, CCO
Commercial real estate investment company MLG Capital announced it has hired the deputy general counsel of ACA Group, a financial compliance services company, as its new associate general counsel and chief compliance officer.
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November 19, 2025
Brookfield Launches $100 Billion AI Infrastructure Program
Brookfield Asset Management said Wednesday it is working with Nvidia and the Kuwait Investment Authority on a program to acquire up to $100 billion worth of infrastructure assets supporting artificial intelligence technology.
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November 19, 2025
MVP: Latham's Rachel S.K. Bates
Rachel Bates of Latham & Watkins LLP was the lead real estate counsel guiding Hyatt Hotels Corp. through multiple multibillion-dollar transactions and also worked on one of the year's biggest deals as Bridge Investment Group sold to Apollo Global Management for $1.5 billion, earning her a spot as one of the 2025 Law360 Real Estate MVPs.
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November 19, 2025
3 Firms Build $450M Blockfusion SPAC Merger
Data center infrastructure company Blockfusion USA Inc. on Wednesday unveiled plans to go public by merging with special purpose acquisition company Blue Acquisition Corp. in a $450 million deal that was built by three law firms.
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November 19, 2025
Weil Guides Dycom On $2B Data Center Contractor Deal
Weil Gotshal & Manges LLP is advising Dycom Industries Inc. on its planned acquisition of Power Solutions, in a deal that values the Miles & Stockbridge PC-advised data center electrical contractor at $1.95 billion, according to a Wednesday announcement.
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November 18, 2025
Lone Star Buys Mixed-Asset Portfolio From St. James's Place
Texas-based Lone Star Funds announced that an affiliated entity has acquired a real estate portfolio from British wealth management company St. James's Place, comprising industrial, retail and office properties scattered across the United Kingdom.
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November 18, 2025
NYC Real Estate Week In Review
Kirkland & Ellis LLP, Goldfarb & Fleece LLP and Wachtell Lipton Rosen & Katz LLP were among the law firms that handled the largest New York City real estate deals made public last week, which included the sale of a charter school facility in the Bronx, a 105-unit apartment building in Brooklyn, and the longtime Manhattan home of Bill and Camille Cosby.
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November 18, 2025
Trump Admin May Be Overpromising WOTUS Clarity
The Trump administration says its proposal to shrink the Clean Water Act's reach would reduce regulatory burdens and provide clarity to farmers, homebuilders and other businesses, but it could face court challenges and potential reworking by future administrations.
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November 18, 2025
9th Circ. Doubts Suit Over Seattle's Response To BLM Protest
The Ninth Circuit appeared skeptical Tuesday about reviving claims that the city of Seattle violated the constitutional rights of two businesses by abandoning several city blocks during the 2020 Black Lives Matter protests, with one judge questioning whether city officials put them in a "more dangerous situation" than others in the neighborhood.
Expert Analysis
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Nippon Order Tests Gov't Control Over Foreign Investments
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.
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A Look At A Possible Corporate Transparency Act Exemption
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.
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As EPA Backs Down, Expect Enviros To Step Up Citizen Suits
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.
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Emphasize Social Spaces During RE Project Public Review
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.
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What Contractors Can Do To Address Material Cost Increases
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.
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Reg Waiver Eases Calif. Rebuilding, But Proceed With Care
California Gov. Gavin Newsom's executive order suspending some environmental review and permitting requirements for the reconstruction of homes and businesses damaged by recent wildfires may streamline rebuilding efforts, but will require careful navigation of the evolving regulatory landscape, says Gregory Berlin at Alston & Bird.
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Insurance Considerations For LA Wildfire Recovery
Businesses and homeowners affected by the destructive Southern California wildfires must act swiftly and strategically to navigate the complexities of the insurance recovery process, including by identifying all applicable policies, documenting damage thoroughly and keeping abreast of relevant state law, say attorneys at Morgan Lewis.
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LA Wildfires' Effect On Calif. Insurer Of Last Resort
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.
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Public Corruption Enforcement In 2024 Has Clues For 2025
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.
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Small Biz Caught In Corporate Transparency Act Crossfire
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.
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What's Ahead As Transparency Act Comes To A Crossroads
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.
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Timeline Considerations For Boston's New RE Review Process
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.
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The Story Of 2024's Biggest Bank Regs, And Their Fate In 2025
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.