Commercial

  • July 08, 2025

    Kohl's Says Self-Storage Renovation Led To Pa. Mall Exit

    In seeking to ditch a lawsuit, Kohl's on Tuesday told a Pennsylvania federal judge that a mall owner breached a lease of two decades with an unwanted renovation project that added a nearby self-storage business and cut off the retailer's access to the mall's interior.

  • July 08, 2025

    Tax Court Says IRS Offer In $57M Easement Case Isn't Binding

    A settlement offer the Internal Revenue Service said it mistakenly made to a partnership after rejecting its $57 million conservation easement deduction is not binding, the U.S. Tax Court said Tuesday, declining the partnership's request to enforce the deal.

  • July 08, 2025

    4 Firms Guide BlackRock's ElmTree Acquisition Deal

    BlackRock Inc. will acquire net lease real estate investment firm ElmTree Funds, which oversees $7.3 billion worth of assets as of March 31, in a deal guided by Skadden Arps Slate Meagher & Flom LLP, Fried Frank Harris Shriver & Jacobson LLP, Sidley Austin LLP and Kirkland & Ellis LLP, BlackRock announced.

  • July 08, 2025

    Fla. Probes Internet Figures, REIT And Suspect Ponzi Scheme

    Florida Attorney General James Uthmeier on Tuesday announced his office has subpoenaed two internet personalities and their real estate investment trust based on allegations that they pocketed money intended for property purchases in what authorities say appears to be a Ponzi scheme.

  • July 08, 2025

    NYC Real Estate Week In Review

    Bleakley Platt and Waxman Law are among the law firms that helped with the largest New York City real estate deals that became public last week, with a nine-figure Queens trade leading the way.

  • July 08, 2025

    Hospitality REIT Offloads Seattle Hotel In $145M Deal

    Braemar Hotels & Resorts sold a 369-room Seattle hotel for $145 million, a property first purchased in 2007 as part of a 51-property portfolio, the real estate investment trust announced Tuesday.

  • July 07, 2025

    Newark Property Buyer Wins Appeal Over Axed $32.8M Sale

    A New Jersey appellate panel on Monday upheld a trial court's ruling that a real estate investment firm properly terminated its $32.8 million purchase agreement for a mixed-use building in Newark after receiving a noncompliant estoppel certificate from one of the tenants, rejecting the seller's argument that the certificate's deficiencies were immaterial.

  • July 07, 2025

    Taft Adds CRE, Project Finance Attorney In Indianapolis

    Taft Stettinius & Hollister LLP has hired Thomas M. Hanahan as a partner in its real estate practice group in Indianapolis.

  • July 07, 2025

    Fla. Firm Advises Blackstone's $200M Gulf Coast Resort Buy

    Blackstone agreed to pay $200 million to acquire a Gulf Coast resort, with Florida-based Farr Law Firm advising seller Allegiant Travel Co.

  • July 07, 2025

    Maine Authorizes Task Force To Explore Property Tax Changes

    Maine authorized the creation of a task force to explore the need for legislation and constitutional amendments to provide more effective property tax relief for residents under a bill signed by the governor.

  • July 07, 2025

    Tishman Speyer Lands $385M Refi For NYC Office Tower

    Tishman Speyer landed a $385 million refinancing of its Class A office property at 300 Park Ave., two years after its commercial mortgage-backed securities loan was sent to special servicing, the property owner announced Monday.

  • July 07, 2025

    NY Firm Guides Power Authority On $206M Queens Site Buy

    The New York Power Authority, advised by Bleakley Platt & Schmidt LLP, has completed a $206 million acquisition of a former Queens power plant site from a BP affiliate, with the purchase intended to bolster clean energy infrastructure.

  • July 03, 2025

    NY Landlord Sues Walmart, Others In Del. Alleging Fraud

    A New York City landlord sued Walmart Inc. and the bankruptcy successor to Bonobos Inc. in Delaware's Court of Chancery late Thursday, asserting hundreds of million in claims and compensatory and punitive damages under both Delaware and New York law arising from an allegedly fraudulent transfer of a Fifth Avenue retailer's lease and obligations.

  • July 03, 2025

    Gov't Must Still Face Claim In Calif. Shipyard Cleanup Suit

    A California federal judge on Thursday granted the U.S. government's bid to trim some claims from a suit challenging aspects of the Hunters Point Naval Shipyard Superfund site cleanup in San Francisco, but not all of them.

  • July 03, 2025

    Fla. Court Rejects Oral Pact Cutting Loan Interest To 7%

    A Florida state appeals court has sided with a Nevada-based lender, reversing an oral agreement to reduce interest on a $2.6 million loan from 25% to 7%, saying such agreements must be in writing.

  • July 03, 2025

    The Firms That Won Big At The Supreme Court

    The number of law firms juggling three or more arguments before the U.S. Supreme Court this past term nearly doubled from the number of firms that could make that claim last term.

  • July 03, 2025

    Residents Urge Judge To Redo Ruling Backing Alaska Casino

    A group of Anchorage, Alaska, residents opposed to a plan to build a casino urged a federal judge to reconsider a ruling finding the Native Village of Eklutna has sovereign immunity and can't face a lawsuit seeking to block the development plan.

  • July 03, 2025

    Breaking Down The Vote: The High Court Term In Review

    The U.S. Supreme Court once again waited until the term's closing weeks — and even hours — to issue some of its most anticipated and divided decisions.

  • July 03, 2025

    EQT Fund Snaps Up Calif. Industrial Portfolio

    EQT Real Estate's industrial fund acquired a 2.04 million-square-foot portfolio of four fully leased, Class A modern logistics facilities in Manteca, California, the real estate arm of EQT Group announced.

  • July 02, 2025

    How CEQA Reforms Address California's Housing Squeeze

    California lawmakers on Monday enacted a new set of escape routes to the California Environmental Quality Act, the state law blamed for constricting housing development to a crisis point. Experts told Law360's Real Estate Authority that while the changes could speed permit processing in some cases, previous attempts to spur housing development by easing CEQA restrictions have proven ineffective.

  • July 02, 2025

    Construction Co.'s Unit Wins $220M Casino Expansion Deal

    A subsidiary of construction company Tutor Perini Corp. won a $220 million contract from the Tule River Indian Tribe's gaming authority to expand the tribe's Porterville, California, casino by building a new tower and events center.

  • July 02, 2025

    6 States Attys Are Watching For Data Center Energy Policy

    Lawmakers and regulators across the country are mulling new policies to address data center energy needs, and while Virginia tends to get a lot of attention on the issue, several other states are also worth keeping tabs on for possible rule changes, according to attorneys.

  • July 02, 2025

    Local Restrictions In New Fla. Hurricane Law Cause Friction

    The Florida Senate hailed the signing late last week of a wide-ranging bill aimed at bolstering the state's handling of hurricanes, but a legal battle could lie ahead, as Gov. Ron DeSantis provided his signature over objections that portions will trample on local governments' authority to regulate land use and development in their own communities.

  • July 02, 2025

    Judge Backs Forest Service In Idaho Logging Project Dispute

    An Idaho federal judge has tossed Rocky Mountain conservation advocates' lawsuit alleging the U.S. Forest Service failed to properly analyze impacts on animal species when it approved a logging and construction project in the Idaho panhandle.

  • July 02, 2025

    Charter School Funder Gets Nod For $5M Ch. 11 Financing

    A Delaware bankruptcy judge said he would grant interim approval to a $5 million debtor-in-possession loan for Charter School Capital Inc., a company that provides funding for charter schools across the country, as it seeks to sell its business by the end of the month.

Expert Analysis

  • 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 — known as the Fair Access to Insurance Requirements Plan — 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’s 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 — and confusion over the law's requirements could result in major penalties, say attorneys at Snell & Wilmer.

  • What's Ahead As Transparency Act Comes To A Crossroads

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    Synthesizing the contrasting federal district and appellate court rulings on the Corporate Transparency Act’s validity reveals several main areas of debate that will likely remain at issue as challenges to the law continue winding through the courts, say attorneys at Farella Braun.

  • Timeline Considerations For Boston's New RE Review Process

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    Boston's newly reimagined large real estate project review process, featuring early community engagement, holds impacts for project timelines that land use counsel must account for when guiding developers through approvals, says David Linhart at Goulston & Storrs.

  • The Story Of 2024's Biggest Bank Regs, And Their Fate In 2025

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    U.S. federal bank regulators were very active in 2024 with initiatives ranging from antitrust and capital to proposals regarding controlling shareholders and incentive-based compensation, but many regulations face an uncertain future under the new administration, say attorneys at Latham.

  • 2024 IPO Market Trends, And What To Expect Next Year

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    The initial public offering market returned to historically typical levels on a deal count basis in 2024 but continued to lag based on proceeds raised due to a larger number of smaller IPOs this year, and signs point to continued ongoing momentum in the next year, say attorneys at Paul Hastings.

  • Adapting Force Majeure To A Predictably Unpredictable World

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    As the climate and political landscapes get more complicated, force majeure provisions will likely be triggered increasingly often, demanding an evolving understanding of when events and their impacts are truly unforeseeable, say attorneys at Nossaman.

  • Impact Of Corporate Transparency Act Ambiguity On Banks

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    Even though banks generally needn't file beneficial ownership information reports, financial institutions must continue to monitor the status of the Corporate Transparency Act and understand its requirements in case the nationwide injunction that was issued against the CTA earlier this month is overturned, say attorneys at Armstrong Teasdale.

  • Green Projects Face States' Foreign Land Ownership Limits

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    As states impose restrictions and disclosure requirements around foreign investment in agricultural land — in some cases piggybacking on existing federal rules — renewable energy developers and investors must pay close attention to how the rules vary, says Daniel Fanning at Husch Blackwell.