极速赛车

Commercial

  • August 06, 2025

    2 Firms Guide $1.3B CMBS Deal For NYC Office Tower

    The Durst Organization has obtained a $1.3 billion commercial mortgage-backed security loan from a Wells Fargo-led group, in a deal steered by Rosenberg & Estis PC and Cadwalader Wickersham & Taft LLP, to finance a trophy Times Square office tower, Rosenberg & Estis announced on Wednesday.

  • August 06, 2025

    Gibson Dunn Adds Ex-Kirkland Real Estate Atty To NY Office

    Gibson Dunn & Crutcher LLP hired a former Kirkland & Ellis LLP real estate transactions partner for the firm's real estate and real estate investment trust practice groups in New York City.

  • August 05, 2025

    $300M Fla. Project Floats DIP Loan To Hammer Out Ch. 11 Plan

    The debtors of a $300 million real estate development in Florida on Tuesday floated a proposal to appoint a chief restructuring officer and a debtor-in-possession loan from an insurance heiress after creditors rejected both a sale and a liquidation plan.

  • August 05, 2025

    Long Island Town Challenges Tribal Land Determination

    A Long Island town is challenging a federal government decision to place 84 acres into a restricted fee status for the Shinnecock Indian Nation, saying its effect has recognized the property as Indian Country in such a way that has destroyed the municipality's regulatory jurisdiction.

  • August 05, 2025

    New Developer To Build $1.5B Resi Towers In Jersey City

    A new real estate developer stacked with former Brookfield Properties and Croesus Group executives unveiled the company's inaugural project on Tuesday 鈥 a $1.5 billion mixed-use project slated for construction in Jersey City, New Jersey.

  • August 05, 2025

    In Landlord's Market, Vornado Eyes Selling Non-NYC Assets

    Executives of office real estate investment trust Vornado Realty Trust told analysts on its second quarter earnings call Tuesday that it is seeing the market shift back toward landlords in New York City, where it is doubling down, as it weighs disposing of its San Francisco and Chicago assets.

  • August 05, 2025

    Naftogaz Secures Vienna Court's OK To Seize Russian Assets

    An Austrian court has granted Naftogaz permission to seize approximately 鈧120鈥痬illion ($139 million) of Russian assets as Ukraine's state-owned oil and gas company pursues an international campaign to enforce a $5 billion arbitral award it won against Russia.

  • August 05, 2025

    Boston Firm Adds Former Panera, Dunkin' Brands Counsel

    Boston-based Rubin and Rudman LLP hired the former legal counsel of Panera Bread Co. and Dunkin' Brands for an "of counsel" role on the firm's real estate team, the firm announced Tuesday.

  • August 05, 2025

    Property Co. Backs Calif. Tribe In $700M Casino Row

    A property owner has urged a D.C. federal judge in an amicus brief to grant the Scotts Valley Band of Pomo Indians' quick win bid in the tribe's suit accusing the federal government of wrongfully blocking the tribe's $700 million casino project in Vallejo, California.

  • August 05, 2025

    Parker Poe Adds Private Equity, Corporate Pro In SC

    Parker Poe Adams & Bernstein LLP announced it has added a partner from Moore & Van Allen PLLC to the firm's Charleston, South Carolina, office who will bolster the firm's private equity and corporate practices.

  • August 05, 2025

    Pa. Bill Seeks 5-Year Reassessment Cycle For Property Taxes

    Pennsylvania would establish a schedule that would require counties to reassess property for tax purposes every five years under a bill introduced in the state Senate.

  • August 05, 2025

    Ore. Preschool Denied Tax Break For Lack Of Giving

    An Oregon preschool was correctly denied a property tax exemption, the state's tax court said, agreeing with a local assessor that the organization provided insufficient gifts or giving to merit the break.

  • August 04, 2025

    Citibank Ignored Red Flags About $45M Wire Fraud, Suit Says

    Citibank failed to stop scammers from absconding with $45 million from a real estate property transaction when it processed payment orders even after it detected name mismatches between the identified transaction beneficiary and the account holder, according to a lawsuit filed Friday in California federal court.聽

  • August 04, 2025

    Title Insurer Faces Partial Loss In $26M Loan Dispute

    A lender's title insurer breached its duty to defend mechanic's lien lawsuits from subcontractors after a senior living community owner defaulted on its nearly $26 million construction loan, a Colorado federal court ruled, adding that the insurer had to indemnify certain amounts of the general contractor's lien claim, too.

  • August 04, 2025

    Rite Aid Seeks $90M Clawback From McKesson

    Rite Aid is seeking to claw back about $90 million it paid out聽to prescription drug supplier McKesson Corp. over the days and months leading up to the national pharmacy chain's Chapter 11 filing in May, arguing the payments were not made as part of the ordinary course of business.

  • August 04, 2025

    Bain Capital, 11North Buy $395M Retail Center Portfolio

    Bain Capital and 11North Partners acquired a portfolio of 10 open-air retail centers across Florida and South Carolina in a $395 million deal, via a year-old joint venture between the two companies, the pair announced Monday.

  • August 04, 2025

    NY Atty Found Guilty Of Duping Lender Who Backed Lien Biz

    A Manhattan federal jury on Monday convicted a former compliance lawyer of pilfering from a $20 million line of credit extended to his tax-lien business by a subsidiary of Emigrant Bank.

  • August 04, 2025

    Atlanta Super 8 Operator Accused Of Ignoring Sex Trafficking

    The owner and operator of an Atlanta-area Super 8 hotel was sued in Georgia federal court by a woman who alleged the hotel knew she was sex trafficked there as a minor but did nothing to prevent it, thereby allowing the hotel to profit off the alleged criminal activity.

  • August 04, 2025

    Fla. Tribe Joins Suit Over 'Alligator Alcatraz' In Everglades

    A Florida tribe has joined green groups in hitting Homeland Security Secretary Kristi Noem and state officials with environmental claims that the immigration detention center known as "Alligator Alcatraz" constructed in the Everglades violates a slew of federal statutes.

  • August 04, 2025

    Catching Up With Delaware's Chancery Court

    Last week at the Delaware Court of Chancery, insurance brokerage and risk management giant Marsh & McLennan Cos. sought injunctive relief in a new suit accusing U.S. affiliates of London-based Howden Holdings Ltd. of a poaching scheme聽that involved over 100 M&M employees resigning on July 21.聽

  • August 04, 2025

    Post Road Group Closes Tech Funds With $1B Raised

    Post Road Group recently closed two technology investment funds that drew in more than $1 billion combined, the alternative investment advisory firm, which has digital infrastructure as one of its focuses, announced Monday.

  • August 04, 2025

    Dorsey & Whitney RE Atty Joins Thompson Coburn In Dallas

    Thompson Coburn LLP announced Monday that an experienced real estate attorney who's worked at several major firms in Dallas has come aboard from Dorsey & Whitney LLP.

  • August 04, 2025

    Simpson Thacher-Led Carlyle Snags $9B For Real Estate Fund

    Carlyle, advised by Simpson Thacher & Bartlett LLP, raised $9 billion for its 10th fund targeting opportunistic real estate investments, surpassing its previous fund for the same strategy, despite a general slowdown in fundraising across the commercial property sector, according to a Monday announcement.

  • August 04, 2025

    Lathrop GPM Opens Renovated St. Cloud, Minn., Office Space

    Lathrop GPM LLP announced Monday that its updated St. Cloud, Minnesota, office is now open after the 8,511-square-foot space was recently renovated.

  • August 04, 2025

    Cold Storage Co. Duped Investors Before 2024 IPO, Suit Says

    A pension fund has sued聽Lineage Inc., a cold-storage real estate investment trust, and several of its executives in Michigan federal court over the company's initial public offering, the largest of 2024, alleging the REIT and its top brass misled investors about softening demand and unsustainable pricing.

Expert Analysis

  • Why NY May Want To Reconsider Its LLC Transparency Law

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    Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

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    The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.

  • How GSA Lease Clauses May Affect DOGE Terminations

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    The Department of Government Efficiency has begun to cut the U.S. General Services Administration's enormous real estate portfolio, but some standard lease clauses include limits helpful to landlords that may slow progress toward the administration's cost-cutting goals, say attorneys at Pillsbury.

  • What SDNY Judge Can And Can't Do In Adams Case

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    The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    鈥淣o comment鈥 is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.

  • Corp. Transparency Act's Future Under Treasury's Bessent

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    The Corporate Transparency Act鈥檚 ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.

  • Nippon Order Tests Gov't Control Over Foreign Investments

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    The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden鈥檚 January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government鈥檚 microscope, say attorneys at Blank Rome.

  • A Look At A Possible Corporate Transparency Act Exemption

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    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.

  • As EPA Backs Down, Expect Enviros To Step Up Citizen Suits

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    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 鈥 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.

  • Emphasize Social Spaces During RE Project Public Review

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    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.

  • What Contractors Can Do To Address Material Cost Increases

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    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.

  • Reg Waiver Eases Calif. Rebuilding, But Proceed With Care

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    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.

  • Insurance Considerations For LA Wildfire Recovery

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    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.