极速赛车

Commercial

  • June 11, 2025

    South Korean CRE Mezz Lenders Push Back

    South Korean investors that piled into the U.S. commercial real estate market 鈥 often in the form of mezzanine debt on trophy office buildings 鈥 are taking a more aggressive approach to resolving troubled assets, as segments of the office market show signs of life.

  • June 11, 2025

    Mo. House Passes $1.5B Stadium Bill To Keep Chiefs, Royals

    The Missouri House of Representatives voted Wednesday to approve tax and other incentives worth $1.5 billion to help build or upgrade聽stadiums for Kansas City's MLB and NFL franchises, on the last day of a special legislative session ordered by Gov. Mike Kehoe.

  • June 11, 2025

    Developer Of Historic Detroit Hospital Campus Files Ch. 11

    The developer of a historic hospital campus in聽Detroit has聽launched Chapter 11 proceedings in New York bankruptcy court, listing up to $10 million both in assets and liabilities and disclosing that it fell聽behind last year on commitments in its agreement with the city.

  • June 11, 2025

    Green Energy Co. Lands $206M For Geothermal Project

    Fervo Energy announced Wednesday that it has secured $206 million in additional capital to aid with the ongoing development of a 500-megawatt geothermal power plant in Beaver County, Utah, with commitments from new and existing partners.

  • June 11, 2025

    Mandarin Can Get Reserves, Reinsurance Info In COVID Row

    "All risks" property insurers for Mandarin Oriental Inc. must turn over documents related to their reinsurance and reserves to the luxury hotel chain, which claims it incurred over $223 million in business interruption losses from the COVID-19 pandemic, a New York federal court ruled.

  • June 11, 2025

    Legal Hurdles To Watch For On Real Estate Secondary Deals

    Advising real estate investors and fund managers on secondary transactions can be relatively painless if you know what to do. Here are some of the most important legal issues attorneys say they must work out when helping clients in this space.

  • June 11, 2025

    Firms Plug $190M Into Luxury Hospitality Biz Cipriani

    Private equity firm Beach Point Capital Management LP, advised by Sidley Austin LLP, and multistrategy investment manager Sparta Capital Management Ltd. on Wednesday announced that they have agreed to provide a $190 million financing loan to luxury hospitality company Cipriani, led by Paul Hastings LLP, to support its growth.

  • June 11, 2025

    Trade Groups Revive Suit Over Colo., Denver Efficiency Rules

    A collection of trade groups renewed their arguments in Colorado federal court against rules set by the state and city of Denver establishing energy efficiency standards for buildings and limiting the use of natural gas appliances after the policies underwent a recent revision.

  • June 11, 2025

    Greenspoon Marder Atty Says Hotels Are 'Scared To Death'

    Months into President Donald Trump's trade war, hotels are largely not yet feeling the effects of tariffs but are "scared to death" at what could come, Greenspoon Marder's hospitality leader told 极速赛车 Real Estate Authority.

  • June 11, 2025

    Ares Wraps Inaugural $2.4B Japanese Data Center Fund

    Private equity giant Ares Management Corp. said Wednesday that it wrapped its first fund dedicated to data center investment and development after securing $2.4 billion of investor commitments.

  • June 11, 2025

    Assura Backs Sweetened 拢1.7B KKR, Stonepeak Offer

    Healthcare property manager Assura said Wednesday that it has backed a sweetened 拢1.7 billion ($2.3 billion) final offer from U.S. private equity shops KKR and Stonepeak, ending a months-long bidding war with a British real estate investment trust.

  • June 10, 2025

    Fla. Fraud Suit Cited In Threat To $300M Project's Ch. 11 Plan

    The debtors of a $300 million real estate development in Florida cited challenges in working through its Chapter 11 case on Tuesday, telling a federal bankruptcy judge that an insurance heiress's state court lawsuit against her former financial adviser threatens to derail a restructuring plan.

  • June 10, 2025

    9th Circ. Revives Real Estate Investor Securities Suit, Again

    The Ninth Circuit on Tuesday once again revived a proposed securities class action accusing investment guru Grant Cardone of making misleading social media statements to sell interests in his companies' real estate investment funds, holding, among other findings, that the complaint sufficiently alleged Cardone "subjectively disbelieved" certain stated projections.

  • June 10, 2025

    NYC Says Hotel Chelsea Holdups Not Politically Motivated

    New York City urged a federal court to ink an end to allegations that agencies improperly held up construction work on the storied Hotel Chelsea, arguing that city officials reasonably believed the hotel's owners needed a specific certificate to continue with renovations.

  • June 10, 2025

    CoreCivic Buys $67M Va. Immigrant Detention Center

    CoreCivic Inc. on Tuesday announced plans to buy a 736-bed immigrant detention center in Farmville, Virginia, for $67 million, operated under a contract between the county and U.S. Immigration and Customs Enforcement.

  • June 10, 2025

    Judge Denies Calif. Tribe's Bid To Restore Gaming Eligibility

    A D.C. federal judge Tuesday declined to reinstate a California tribe's gaming eligibility for a casino-resort project in the San Francisco Bay Area while the U.S. Department of the Interior reassesses its approval, ruling that the tribe hasn't shown it would be imminently harmed by the eligibility suspension.

  • June 10, 2025

    Power Co. Asks Justices To Settle Split In Tribal Tax Dispute

    Arizona courts were wrong to rule that an energy company located on tribal land is subject to property taxes, the company told the U.S. Supreme Court on Tuesday, urging it to address an "intolerable" state-federal split.

  • June 10, 2025

    Tribes' Effort To Overturn Ore. Casino Land Decision Halted

    A D.C. federal court judge hit pause on a bid by three tribes to vacate the U.S. Department of the Interior's final determination and environmental impact statement in a dispute over the agency's decision to take land into trust for Oregon's Coquille Indian Tribe for a proposed casino project.

  • June 10, 2025

    LA Real Estate Agent Admits Obstructing IRS

    A Los Angeles commercial real estate broker pled guilty to obstructing the Internal Revenue Service's attempts to collect thousands of dollars in unpaid taxes by willfully hiding his income and assets from the agency, the U.S. Department of Justice announced Tuesday.

  • June 10, 2025

    Insurer Seeks Exit From Missouri Tree-Cutting Dispute

    An insurer that separately insured a farm and a man accused by the farm of trespassing on its property and cutting down "valuable trees" told a Missouri federal court it should owe no coverage to the man, pointing to an exclusion for damage to vegetation.

  • June 10, 2025

    Foreign Investor Greenlit On Civitas' Hawaii EB-5 Resort

    Dallas-based investment manager Civitas Capital Group said Tuesday that federal officials have approved a Chinese-based investor's contribution to Silverwest Hotels LLC's planned 210-room Hilton hotel on Kauai, Hawaii.

  • June 10, 2025

    Crane Owner Seeks To Shift Blame In Fatal Fla. Collapse

    A Florida judge on Tuesday allowed Maxim Crane Works to try to shift blame to a fellow contractor facing a lawsuit over a crane collapse in downtown Fort Lauderdale that killed a worker and injured at least two other people.

  • June 10, 2025

    Amazon Plans To Invest $20B In Pennsylvania Data Centers

    Amazon will invest $20 billion to build data center campuses in Pennsylvania and create 1,250 jobs, the state's governor announced.

  • June 10, 2025

    Denholtz Hires GC From Related's Property Management Arm

    Denholtz announced that it has hired a new general counsel who joins from Related Cos.' property management arm and will assist the firm's capital markets, property management and asset management teams.

  • June 10, 2025

    Davis Wright Guides Bluespring Deal Creating $1.4B Firm

    Bluespring Wealth Partners, advised by Davis Wright Tremaine LLP, announced Tuesday it will buy a Texas-based wealth management firm affiliated with聽Kestra Financial and then merge it into its existing wealth management platform, LifeBridge Financial Group, establishing an investment advisory firm with $1.4 billion in assets under management.

Expert Analysis

  • 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.

  • LA Wildfires' Effect On Calif. Insurer Of Last Resort

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    Attorneys at Willkie discuss the background of California's insurer of last resort 鈥 known as the Fair Access to Insurance Requirements Plan 鈥 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.

  • Public Corruption Enforcement In 2024 Has Clues For 2025

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    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鈥檚 harder to predict what the new administration will mean for public corruption prosecutions in 2025, says Cathy Fleming at Offit Kurman.

  • Small Biz Caught In Corporate Transparency Act Crossfire

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    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 鈥 and confusion over the law's requirements could result in major penalties, say attorneys at Snell & Wilmer.