Commercial
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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 ¼«ËÙÈü³µ Real Estate Authority.
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August 11, 2025
Judge Upholds 99-Year Lease In Dispute At Miami Beach Hotel
A state court judge largely shot down an attempt by co-owners of a Miami Beach hotel to cancel an operator's 99-year lease, rejecting arguments that the agreement requires the property to be maintained in 1950s condition.
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August 11, 2025
Allen Matkins Guides $160M Calif. Community Project Loan
Walker & Dunlop Inc.'s capital markets team has secured a $160 million loan with a $27 million "re-advance component" for the construction of a 1,900-unit, master-planned community project in Rancho Mirage, California, the commercial real estate finance and advisory firm announced Monday.
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August 11, 2025
Data Center Developer Lands $1.2B To Build Atlanta Campus
Law firms Allen Overy Shearman Sterling and Milbank LLP advised on $1.2 billion in green loan financing to data center developer DC Blox to build a campus near Atlanta.
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August 11, 2025
Nossaman Adds Public Finance Atty To Infrastructure Group
Nossaman LLP said it has hired infrastructure attorney Edsell "Chip" Eady in its San Diego office from the public finance practice at Procopio Cory Hargreaves & Savitch LLP.
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August 11, 2025
Greystone Issues $64.9M Loan For Penn. Healthcare Portfolio
Greystone has provided a nonrecourse, 24-month bridge loan of more than $64.9 million for a 506-bed, three-property Pennsylvania healthcare portfolio, the commercial real estate finance company announced Monday.
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August 11, 2025
Waterfront Building Offers High Demand, But Complex Review
People have been drawn to beaches, rivers, harbors and other waterfront sites for basically all of human history, and while still among the most desired properties for real estate development, they present multiple layers of interests and issues — and in turn laws and regulations that must be navigated to build on them.
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August 11, 2025
4 Movies To Watch About Water And Real Estate
From Hollywood blockbusters to low-budget shorts, the big screen over the decades has played host to various stories about legal conflicts that lie at the intersection of water and real estate.
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August 11, 2025
4 Teams Leaving A Mark On Revived Baltimore Waterfront
Among the $3 billion worth of early deliveries for four major Baltimore waterfront redevelopment projects are a global investment firm's 550,000-square-foot headquarters, more than 700 residential units, and over 45 acres of new or revamped park space.
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August 11, 2025
7 Beach Disputes Vexing Courts From Coast To Coast
From a SpaceX explosion in Texas to claims of whale sightings near a New Jersey offshore wind farm, a day at the beach can sometimes lead to a day in court. ¼«ËÙÈü³µ Real Estate Authority compiled the most prominent recent legal disputes over beaches around the country.
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August 11, 2025
3 Big Waterfront Projects And The Legal Teams Behind Them
Massive mixed-use developments are underway alongside riverbanks and beaches across the country, including an ambitious overhaul of industrial land and designs for a multibillion-dollar stadium.
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August 11, 2025
Insurer Says $50M Zoning Suit Loss Is Outside Policy Period
An insurer asked a Michigan federal judge to declare it has no obligation to cover a $50 million judgment against a township, arguing the damages that stem from the township's unconstitutional zoning restrictions that a group of wineries had challenged fall outside the policy.
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August 11, 2025
NYC Real Estate Week In Review
Gibson Dunn and Jeffrey Zwick are among the law firms that guided the largest New York City real estate deals that hit public records last week, with a pair of Brooklyn trades topping the list.
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August 11, 2025
Ballard Spahr Inks $166M Refi For NY Transit-Oriented Project
The Olayan Group and Tritec Real Estate Co. secured a Ballard Spahr LLP and ArentFox Schiff LLP-guided $166.2 million refinancing for one mixed-use component of a sprawling Long Island, New York, community known as Station Yards from Greystone, the lender announced.
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August 11, 2025
Career Troutman RE Finance Atty Joins McGuireWoods In DC
McGuireWoods LLP has hired a real estate finance specialist and longtime attorney with Troutman Pepper Locke LLP to join its office in Washington, D.C., the firm announced on Monday.
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August 11, 2025
Investors Sue CTO Realty Over Alleged Dividend Deception
A proposed class of shareholders in retail-focused real estate investment trust CTO Realty Growth Inc. filed a lawsuit in Florida federal court claiming the REIT misled them about its financial metrics, the sustainability of dividends and the profitability of an Atlanta mixed-use community.
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August 11, 2025
NY Curbs Property Tax Shifts In Nassau, Suffolk Counties
New York established tighter limits on the amount of property taxes that can be shifted between property classes in certain jurisdictions in Nassau and Suffolk counties under a bill signed by Gov. Kathy Hochul.
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August 08, 2025
Judge Says Insurer Must Face $100M Biz Interruption Claim
A chemicals manufacturer accusing a reinsurer of failing to fully cover its roughly $100 million business interruption claim over a chemical plant explosion can still pursue its coverage claims, a Texas federal court ruled, finding the Texas Supreme Court would likely adopt the same holding.
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August 08, 2025
Texas Bill Seeks To Allow Injunctions Against Tax Collectors
Texas property owners could seek injunctions to prevent local taxing authorities from collecting property taxes if a taxing entity adopts a voter-approved tax increase and takes action that strays from the tax hike's stated purpose, under a bill introduced in the state House of Representatives.
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August 08, 2025
South Korea Probes 49 Foreign Luxury Apartment Buyers
South Korea's National Tax Service said it has launched a tax evasion probe into 49 owners of high-priced apartments who are from foreign countries such as the U.S. and China.
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August 08, 2025
Rite Aid Picks Azend As Buyer Of Pharmacy Assets
Pharmacy chain Rite Aid has told a New Jersey bankruptcy judge it's selected Med One Pharmacy Inc. as the buyer of drugs in its inventory, customer information, leases and other assets, months after the company transferred millions of prescriptions and dozens of stores to CVSÂ and other businesses in Chapter 11.
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August 08, 2025
2 Firms Guide $1B Refi For Biotech Co.'s Boston HQ
The RMR Group obtained a five-year $1 billion mortgage loan to refinance biotech company Vertex Pharmaceuticals Inc.'s Boston headquarters in a deal guided by Dechert LLP and Skadden Arps Slate Meagher & Flom LLP, the alternative asset management company announced Thursday.
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August 08, 2025
Latham Steers Silver Lake On $400M Data Center Project Fund
Private equity firm Silver Lake said Friday that it has launched a $400 million fund to build a portfolio of powered land sites with demand for data centers increasing, in a deal advised by Latham & Watkins LLP.
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August 07, 2025
10th Circ. Water Loss Ruling Spotlights Competing Exclusions
The Tenth Circuit recently affirmed that a water damage exclusion applied to a Kansas office building's $1.75 million repair claim from a broken water pipe, providing insurance experts an unusual case for weighing two seemingly related exclusions against one another.
Expert Analysis
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Bill Leaves Renewable Cos. In Dark On Farmland Reporting
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.
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Observations On 5 Years Of Non-Notified CFIUS Inquiries
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.
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How States Are Taking The Lead On Data Center Regulation
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.
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Texas Bill Could Still Boost Property Rights In Gov't Disputes
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.
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Indemnity Lessons From Mass. Construction Defect Ruling
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.
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4 Strategies For De-Escalating Hospitality Industry Disputes
As recent uncertainty in the travel business exacerbates the risk of conflict in the hospitality sector, industry in-house counsel and their outside partners should consider proactive strategies aimed at de-escalating disputes, including preserving the record, avoiding boilerplate clauses and considering arbitration, say Randa Adra at Crowell and Stephanie Jean-Jacques at Hyatt.
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SEC Signals Opening For Private Fund Investment Reform
At SEC Speaks in late May, the U.S. Securities and Exchange Commission made clear that it's considering allowing registered funds of private funds to be offered broadly to true retail investors, meaning existing funds should review their disclosures focusing on conflicts of interest, liquidity and fees, say attorneys at Stradley Ronon.
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Unicoin Case Reveals SEC's Evolving Enforcement Posture
The U.S. Securities and Exchange Commission's recent fraud allegations against cryptocurrency company Unicoin send a clear message that while the Trump administration supports digital asset development, it will act decisively against deception, inflated valuations and false assurances, says David Zaslowsky at Baker McKenzie.
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Opportunity Zone Revamp Could Improve The Program
If adopted, the budget bill's new iteration of the opportunity zone program could renew, refine and enhance the effectiveness and accountability of the original program by including structural reforms, expanded eligibility rules and incentives for rural investment, say attorneys at Pillsbury.
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Review Risk Is Increasing For Foreign Real Estate Developers
Federal and state government efforts have been expanding oversight of foreign investment in U.S. real estate, necessitating careful assessment of risk and of the benefits of notifying the Committee on Foreign Investment in the United States, say attorneys at Troutman.
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Evolving Federal Rules Pose Further Obstacles To NY LLC Act
Following the Financial Crimes Enforcement Network's recent changes to beneficial ownership information reporting under the federal Corporate Transparency Act — dramatically reducing the number of companies required to make disclosures — the utility of New York's LLC Transparency Act becomes less apparent, say attorneys at Pillsbury.
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Negotiating Triparty Hotel Agreements To Withstand Risk
Brewing economic uncertainty in the hospitality industry underscores the importance of subordination, nondisturbance and attornment agreements, and hotel managers should tightly negotiate these agreements to ensure remedies will not disturb key rights, say attorneys at Sidley.
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CRE Challenges Demand New Lease And Development Plans
As developers and landlords face declining occupancy of commercial, industrial and office space post-pandemic, a combination of business and lease considerations may better position stakeholders to protect the value and profitability of their commercial real estate, says Geoffrey Leskie at Segal McCambridge.