These Law Firms Led Q3's Top Real Estate M&A Deals

Gibson Dunn, Thompson Hine, DLA Piper, Hogan Lovells and Skadden are among the nearly two dozen law firms that guided the biggest real estate mergers in the third quarter, including a $5.5 billion real estate investment trust acquisition.

Aerial view of data center under construction

New Calif. Data Center Laws 'Should Not Make Anyone Leave'

Data center developers in California need not fret about bills addressing digital infrastructure projects signed into law last month by Gov. Gavin Newsom, as the legislation doesn't change the state's existing permitting framework, a Cox Castle & Nicholson LLP real estate attorney said.

The Top September FAA Grants For Real Estate Projects

The FAA recently announced about $1.1 billion in grants for projects at hundreds of airports, and some of those funds will be used for major airport real estate work.

Expert Analysis

Illinois Banking Brief: All The Notable Legal Updates In Q3

Paige Lohse, John Martin and Kevin Warren

Recent banking developments in Illinois include significant new consumer protection legislation, three meaningful ... (more story)

Foreclosure May Not Be The Fix For Distressed Office Loans

Howard Koh

Recently declining office values show that distressed borrowers and lenders should consider negotiated workouts, t... (more story)

3 Illinois Updates That Bolster Mortgage Lender Enforcement

Stephanie Mulcahy

Illinois lenders can use clarifications from recent legislative and judicial developments — a law defining the lim... (more story)

Commercial More

Tenn. Judge Tosses Developer's Data Centers Moratorium Suit

A Tennessee federal judge has tossed a data center developer's challenge to a moratorium on data centers without prejudice, ruling in part that the suit is inconsistent when it comes to the type of property in... (more story)

Shaky Term Sheets Sank 1300 Desert's $33M Exit Loan

A missing signature, inadequate evidence and uncertainty about follow-through thwarted a New Mexico industrial property's bid for $33 million in exit financing in its Chapter 11 case, a New York bankruptcy jud... (more story)

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These Law Firms Led Q3's Top Hospitality M&A Deals

Latham & Watkins, Jones Day and Kirkland & Ellis are a few of the legal shops guiding the biggest deals in the hospitality sector in the third quarter, including billion-dollar purchases of subtropical and tro... (more story)

Fried Frank-Led Conversant Wraps $845M Real Estate Fund

Real estate-focused investment firm Conversant Capital LLC, advised by Fried Frank Shriver Harris & Jacobson LLP, revealed Wednesday it closed its inaugural private investment fund with $845 million in tow.

Rising Interest Rates, Tariffs May Benefit Older NYC Buildings

Rising interest rates and tariffs are pushing up the cost of construction and slowing the pipeline of amenity-rich, Class A properties in New York. That could bode well for the city's older properties based on... (more story)

2 Firms Guide Tishman's Chrysler Building Lease, Rehab Plan

Tishman Speyer said Wednesday that it has reached a deal with a private college for a long-term lease and $235 million restoration at the Chrysler Building in Manhattan with investors such as the Public Sector... (more story)

Paul Hastings Guides $245M Manhattan Office Tower Sale

An entity connected to L&L Holding Co. has sold a Manhattan office tower for $245 million to entities connected to L&L Infinite Real Estate Partners in a deal guided by Paul Hastings LLP, according to document... (more story)

Residential More

U.S. Investors Claim $102M Over Blocked Honduras Housing

The International Centre for Settlement of Investment Disputes has published an arbitration notice filed more than three years ago against Honduras by two U.S. investors who claim the country owes them $102 mi... (more story)

Ritz-Carlton Fights Condo $55M Property Tax Hike On Appeal

A Colorado Court of Appeals panel Wednesday probed whether 54 condominium units at the Ritz-Carlton should be valued as whole fee-simple units, or at a lower valuation to accommodate the fractional-ownership m... (more story)

row of pale yellow single-story homes with white roofs and driveways, with a line of trees in the background
HUD Wants To Update Manufactured Housing Rules

The U.S. Department of Housing and Urban Development announced Wednesday that it is planning several "next-generation" changes for its construction and safety regulations for manufactured housing.

UWM Investor Sues To Halt $400M Stock Offering

A proposed class of UWM Holdings Corp. stockholders urged a Delaware state court to stop the company from going forward with a $400 million stock offering, alleging that the residential mortgage lender's board... (more story)

Okla. High Court Bars Property Tax Phaseout From Ballot

An Oklahoma ballot measure that proposed eliminating the state's ad valorem property tax by 2029 is unconstitutional and cannot appear on the November ballot, the state Supreme Court ruled.

Texas Apartment Owner Hits Ch. 11 With Over $50M In Debt

A single-asset real estate holding firm tied to an apartment complex near Dallas has filed for Chapter 11 relief in the Northern District of Texas, listing more than $50 million in liabilities.

HUD Probes Wells Fargo's 'Racial Equity' Mortgage Initiatives

The U.S. Department of Housing and Urban Development said Wednesday that it is investigating whether Wells Fargo violated federal antidiscrimination laws by offering mortgage programs aimed at increasing Black... (more story)