Commercial

  • August 28, 2025

    Real Estate Mogul Wants $51.2M Conn. Asset Freeze Reduced

    The chairman, secretary and chief financial officer of bankrupt construction management firm Gateway Development Group Inc. on Thursday asked a Connecticut judge to reconsider a $51.2 million asset freeze demanded by a Chapter 7 trustee and a minority shareholder, claiming "mathematical errors" warrant a $17 million reduction.

  • August 28, 2025

    Cannabis Biz Says Long Island Town Illicitly Blocked Opening

    A cannabis company alleged in a new state court lawsuit that the Long Island town of Southampton improperly invoked a local zoning law to prevent the opening of a marijuana store that had secured state approval for retail and deliveries.

  • August 28, 2025

    Stearns Weaver Renews 96K-Square-Foot Miami Office Lease

    Stearns Weaver Miller Weissler Alhadeff & Sitterson PA has signed a lease renewal deal for 96,762 square feet of office space in a Class A office tower in downtown Miami, real estate company Colliers announced Thursday.

  • August 28, 2025

    Court Rejects Tulsa Soccer Club's Suit Over Denied Venue

    Soccer club Tulsa Athletics' attempt to force the National Premier Soccer League to approve its chosen home stadium in Tulsa was thrown out Thursday, after an Oklahoma federal judge found that the league had no contractual duty to accept the venue.

  • August 28, 2025

    Jeffer Mangels Moves To New Offices In San Francisco

    The San Francisco office of Jeffer Mangels Butler & Mitchell LLP has moved to a new location in the city's Financial District.

  • August 28, 2025

    Wyndham Licensee Must Cover Sex Trafficking Claims

    A New Jersey federal judge has found that a Wyndham Hotel Group LLC licensee can't escape an indemnity provision requiring it to cover the group in suits alleging sex trafficking was allowed to happen at the hotel.

  • August 28, 2025

    Alston & Bird Pilots Co.'s $445M Healthcare Real Estate Fund

    Hammes Partners, guided by Alston & Bird LLP, shot past its $350 million fundraising target for its healthcare real estate fund by closing the fund with $445 million worth of equity commitments, the institutional investment management firm announced Thursday.

  • August 28, 2025

    Google To Invest $9B In Va. Data Center Projects

    Google plans to spend an additional $9 billion on building a Chesterfield County data center and expanding data centers in the counties of Loudoun and Prince William all through the end of 2026, the state's governor announced.

  • August 28, 2025

    Compliance Atty Who Duped Lender Wants New Trial

    A compliance lawyer convicted of pilfering from a $20 million line of credit that a subsidiary of Emigrant Bank extended to his tax-lien business has asked a Manhattan federal judge to order a new trial, arguing that prosecutors' evidence is insufficient and that the charges were "multiplicitous," in violation of the Fifth Amendment.

  • August 28, 2025

    Texas House OKs Lower Voter-Approval Property Tax Rate

    Texas would lower its maximum property tax rate permitted by law without voter approval for larger taxing jurisdictions under a bill passed by the state House of Representatives.

  • August 27, 2025

    Investor Wants $250K, SUV Returned In Cannabis Venture

    A Los Angeles investor is suing a number of people and entities who convinced him to sink $325,000 into a real estate and cannabis dispensary holding company, only to end up with no shares in the business and to discover the company's success was exaggerated.

  • August 27, 2025

    Father, Son Seek 2-Year Sentences In $280M Sports Park Fraud

    A father and son are both seeking two-year sentences from a New York federal court after pleading guilty to fraud related to the development of a Phoenix-area youth sports park with $280 million in investments, alleging prosecutors overstated their culpability for investor losses.

  • August 27, 2025

    Ukrainian Money Laundering Claim Against U.S. Is Paused

    Claimants in a $24 million arbitration accusing the U.S. government of overstepping its authority by initiating forfeiture proceedings aimed at unraveling an alleged Ukrainian money laundering scheme have agreed to suspend the claim for now, according to a notice.

  • August 27, 2025

    Lending Platform Originates $79M Luxury Miami Hotel Loan

    Institutional lending platform Madison Newbond announced Wednesday that it originated a $79.3 million loan for a 41-story, 357-room luxury downtown Miami hotel in a deal lined up by JLL Capital Markets.

  • August 27, 2025

    CoStar Says Copyright Claims Against CREXi Can't Wait

    CoStar Group Inc. told a California federal court that Commercial Real Estate Exchange Inc. is continuing to use its copyrighted images and urged the court not to put its infringement claims on hold for the rival listing platform's "makeweight" antitrust counterclaims.

  • August 27, 2025

    Attys Navigate Tangle Of Transit-Oriented Zoning In Miami

    The Miami City Commission's recent approval of a new category of transit-oriented zoning has added another layer to a rapidly changing, increasingly complex web of regulations and incentives that real estate attorneys must consider when guiding development projects in the city.

  • August 27, 2025

    CUNY Signs $40M Deal To Buy Manhattan College Campus

    New York City public university system the City University of New York has agreed to pay $40 million for the Downtown Manhattan campus of the private Metropolitan College of New York, according to an official MCNY voluntary filing.

  • August 27, 2025

    Contractors Looking To AI To Navigate Construction Tariffs

    Construction contractors are increasingly leveraging the power of artificial intelligence and technology to navigate the headwinds and uncertainty that have come with President Donald Trump's trade war, a technology executive recently told Law360 Real Estate Authority.

  • August 27, 2025

    Faegre Drinker Says Investor Can't Call Biz Loss Malpractice

    Faegre Drinker Biddle & Reath LLP told a New Jersey state court this week that a malpractice suit it faces from a real estate investor is nothing more than an attempt by the investor to shift responsibility for a failed investment.

  • August 27, 2025

    Jones Day Continues Real Estate Growth With McDermott Atty

    Jones Day announced the latest addition to its real estate practice on Wednesday, welcoming a New York-based attorney from McDermott Will & Schulte LLP.

  • August 27, 2025

    Jailed Pastor Cites Adams Dismissal In Bid To Beat Charges

    A clergyman serving a nine-year sentence for fraud cited his ties to New York City Mayor Eric Adams on Wednesday in a bid to have his conviction overturned in the wake of the Trump administration's dismissal of the charges against Adams.

  • August 27, 2025

    Simpson Thacher Closes Co.'s Texas Logistics Properties Buy

    Stonepeak acquired two Fort Worth, Texas, logistics assets that take up 748,000 square feet in a deal guided by Simpson Thacher & Bartlett LLP, the alternative investment firm announced.

  • August 27, 2025

    Atty Eyes Chilling Effect From Texas Foreign Ownership Law

    In the latest effort by states to deter foreign control of real estate, Texas has introduced a sweeping prohibition, effective Sept. 1, against certain countries owning real property in the state. Polsinelli shareholder Weston B. Rockers explains how deals could be structured going forward — and how the law may scramble existing transactions.

  • August 26, 2025

    Expedia Says 11th Circ. Ruling Dooms Helms-Burton Verdict

    Expedia, Orbitz and Hotels.com tried to undo a $29.85 million verdict over Helms-Burton Act violations Tuesday, telling a Florida federal judge the plaintiff, who claims his family owned a Cuban barrier island before its seizure by Fidel Castro's government, does not meet the Eleventh Circuit's recently set standard.

  • August 26, 2025

    Kirkland Guides REIT's $285M Seattle Office Tower Refi

    Hudson Pacific Properties Inc., guided by Kirkland & Ellis LLP, obtained a five-year, interest-only $285 million loan in a Wells Fargo-led deal to refinance a loan secured by the real estate investment trust's 668,000-square-foot office tower in Seattle's Denny Triangle neighborhood.

Expert Analysis

  • 6 Questions We Should Ask About The Trump Trade Deals

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    Whenever the text becomes available, certain questions will help determine whether the Trump administration’s trade deals with U.S. trading partners have been crafted to form durable economic relationships, or ephemeral ties likely to break upon interpretive disagreement or a change in political will, says Ted Posner at Baker Botts.

  • Utilizing Rep And Warranties Insurance In CRE Transactions

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    With insurance and commercial real estate legal trends suggesting that representations and warranties insurance is likely to grow substantially in the next several years, CRE buyers and sellers should learn how such insurance can help resolve conflicting positions during transaction negotiations, say attorneys at Troutman.

  • Recent Decisions Caution Against Broad Indemnity Provisions

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    Two recent decisions in disparate jurisdictions are reminders that businesses and practitioners should be mindful of contractual indemnity rights and draft indemnity provisions that enhance the predictability of enforceability without being overly broad, says Gregory Jaske at Olshan Frome.

  • How Real Estate Funds Can Leverage Del. Statutory Trusts

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    Over the last two years, traditional real estate fund sponsors have begun to more frequently adopt Delaware Statutory Trust programs, which can help diversify capital-raising strategies and access to new sources of capital, among other benefits, say attorneys at Polsinelli.

  • What 9th Circ. Ruling Shows About Rebutting SEC Comments

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    The Ninth Circuit's June opinion in Pino v. Cardone Capital suggests that a company's lack of pushback to a U.S. Securities and Exchange Commission comment may be evidence of its state of mind for evaluating potential liability, meaning companies should consider including additional disclosure in SEC response letters, say attorneys at Barnes & Thornburg.

  • 2 NY Cases May Clarify Foreclosure Law Retroactivity

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    Two pending cases may soon provide the long-awaited resolution to the question of whether retroactive application of the New York Foreclosure Abuse Prevention Act violates the state Constitution, providing a guide for New York courts inundated with motions in foreclosure and quiet title actions, says Fernando Rivera Maissonet at Hinshaw & Culbertson.

  • A Look At Florida's New Protected Series LLC Legislation

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    A new law in Florida enhances the flexibility of using limited liability companies as the entities of choice for most privately held businesses, moving Florida into a small group of states with reliable uniform protected series legislation for series LLCs, says Louis Conti at Holland & Knight.

  • How Trump's Trade Policies Are Shaping Foreign Investment

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    Five months into the Trump administration, investors are beginning to see the concrete effects of the president’s America First Investment Policy as it presents new opportunities for clearing transactions more quickly, while sustaining risk aversion related to Chinese trade and potentially creating different political risks, say attorneys at Covington.

  • Bill Leaves Renewable Cos. In Dark On Farmland Reporting

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    A U.S. Senate bill to update disclosure requirements for foreign control of U.S. farmland does not provide much-needed guidance on how to report renewable energy development on agricultural property, leaving significant compliance risks for project developers, say attorneys at Hodgson Russ.

  • Observations On 5 Years Of Non-Notified CFIUS Inquiries

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    Since 2020, the Committee on Foreign Investment in the United States has identified and investigated covered cross-border transactions not formally notified to CFIUS, and a look at data from 50 non-notified matters during that time reveals the general dynamics of this enforcement function, say attorneys at Cooley.

  • How States Are Taking The Lead On Data Center Regulation

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    While support for data center growth is a declared priority for the current administration, federal data center policy has been slow to develop — so states continue to lead in attracting and regulating data center growth, say attorneys at Steptoe.

  • Texas Bill Could Still Boost Property Rights In Gov't Disputes

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    The passage of a bill in Texas that would provide litigants with access to a greater swath of judicial remedies in immunity disputes with government entities and officials would be an invaluable boon for property rights, says Nathan Vrazel at Munsch Hardt.

  • Indemnity Lessons From Mass. Construction Defect Ruling

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    The Massachusetts high court's decision in Trustees of Boston University v. CHA, holding that a bespoke contractual indemnity provision means that a construction defect claim is not subject to Massachusetts' statute of repose, should spur design and construction professionals to negotiate limited provisions, says Christopher Sweeney at Conn Kavanaugh.