Commercial

  • October 07, 2025

    Prospect Medical Fights $1M Software Fee Claims In Ch. 11

    Prospect Medical Holdings Inc. says the pending Chapter 11 proceedings for its hospitals in California and Connecticut should keep two technology companies from demanding more than $1 million in payment for disputed software and IT contracts, according to Prospect's filings with a Texas bankruptcy court on Monday.

  • October 07, 2025

    2 Firms Guide $135M NYC Office Deal, Teeing Up Resi Build

    Greenberg Traurig LLP and Katten Muchin Rosenman LLP guided the $135 million purchase of a New York City office building that buyer Vanbarton Group plans to convert into a residential tower, per county property records.

  • October 07, 2025

    Simpson Thacher Atty On Making New REIT Blueprints

    The real estate investment landscape has changed dramatically in recent years, as alternative asset managers — and their counsel — have pioneered ways to tap into new sources of capital. Simpson Thacher partner Benjamin Wells spoke to Law360 about the changes he's seen, how to navigate regulatory shifts, and how real estate investment trusts may continue to reinvent themselves.

  • October 07, 2025

    Developer Wants Permit Fee Suit Against Miami Revived

    A developer on Tuesday asked a Florida appeals court to revive its claims against the city of Miami for allegedly overcharging builders permit and inspection fees, saying the city's unlawful carrying forward of the excess funds violates a state law limiting these actions.

  • October 07, 2025

    9th Circ. Tosses Sporting Goods Co. Suit Against Ex-Landlord

    The Ninth Circuit on Tuesday backed the dismissal of a sporting goods retailer's suit against its former landlord, which was accused of wrongfully charging the retailer with monthly fee invoices even after the retailer left the location it was renting due to the COVID-19 pandemic.

  • October 07, 2025

    3 Firms Guide Real Estate-Focused SPAC's $200M IPO

    Blank-check company BOA Acquisition Corp. II filed plans Monday for a $200 million initial public offering guided by Paul Hastings LLP, Maples and Calder LLP and Proskauer Rose LLP, saying it is seeking to invest directly in real estate and infrastructure assets.

  • October 07, 2025

    Getty Realty Snags $100M Texas Convenience Store Portfolio

    Getty Realty, a net lease real estate investment trust, has picked up a collection of 12 small retail stores for $100 million in different parts of the Greater Houston area of Texas, according to an announcement.

  • October 07, 2025

    Cos., Mass. Town End $50M Earth Removal Permit Bylaw Suit

    A construction supplies company and its quarry operator have agreed to permanently bring an end to their more than $50 million suit challenging a Massachusetts town's amended bylaw for earth removal permits that allegedly impeded the plaintiff's quarry operations, according to a stipulation of dismissal filed in Massachusetts federal court.

  • October 07, 2025

    Venable Guides Harlem Museum To Completion Of New Home

    The Studio Museum in New York's Harlem neighborhood has set Nov. 15 for its reopening in a new seven-floor, 82,000-square-foot building, completing a project that required seven years of construction and more than a decade in total for a complex design, approvals and financing process undertaken with counsel from Venable LLP.

  • October 07, 2025

    Calif. Allows Tax Break For Solar Property Until Owner Change

    A California property tax exclusion for newly built solar energy systems that is set to end in 2027 will continue to apply until there is a change in a qualifying property's ownership under a bill signed by Democratic Gov. Gavin Newsom.

  • October 06, 2025

    Bain Capital, Bungalow Land $304M For NYC Studios

    CounterpointeSRE announced on Monday that it originated a $156 million commercial property assessed clean energy loan that, alongside $148 million in financing from Farallon Capital Management, will fund the construction of two film production facilities in New York City.

  • October 06, 2025

    NY Pot Regulators Say Towns' Local Laws Preempted

    New York cannabis regulators on Monday adopted a pair of advisory opinions finding that local laws in two Long Island towns restricting the operations of licensed cannabis retailers were "unreasonably impracticable" and were preempted by state policy.

  • October 06, 2025

    Resi Developer Nabs 300-Acre Site In Baja, Calif.

    Vacation property developer International Land Alliance Inc. announced Monday that it will purchase a 300-acre site near one of its existing master-planned communities in Baja, California.

  • October 06, 2025

    CORRECTION: Logistics Cos. Agree To End Warehouse Antitrust Suit

    A group of real estate companies involved in the logistics industry have decided to end their warehousing antitrust dispute in Illinois federal court, according to a stipulation of dismissal.

  • October 06, 2025

    Land Buying Co. Hit With TCPA Suit In NC

    A North Carolina-based land buying company wrongfully sent unsolicited text messages to people who were on the National Do Not Call Registry, according to a proposed class action filed in North Carolina federal court.

  • October 06, 2025

    Orrick Adds 37-Lawyer CLO Team From Cadwalader

    Orrick Herrington & Sutcliffe LLP announced Monday that it has opened a new office in Charlotte, North Carolina, and added a 37-lawyer collateralized loan obligations and asset-backed lending team from Cadwalader Wickersham & Taft, part of a larger exodus of Cadwalader attorneys tracked by Law360 Pulse. 

  • October 03, 2025

    Ga. Panel Orders Retrial Over $1.5M Land Seizure Verdict

    The Georgia Court of Appeals has granted the state Department of Transportation's bid for a new trial after it was hit with a $1.5 million verdict over land it condemned from a family farm, ruling that a state court jury relied on impermissible speculation about the property's potential value.

  • October 03, 2025

    Breakers Mezz I, Biz Related To Hotel Restoration, Hits Ch. 11

    An entity seemingly related to the renovation of a nearly 100-year-old hotel in Long Beach, California, entered Chapter 11 bankruptcy in the Golden State, hauling at least $50 million in debt.

  • October 03, 2025

    Troutman Pepper Inks Atlanta Retail, Dining Destination Deal

    Troutman Pepper Locke LLP advised Asana Partners on its sale of an Atlanta mixed-use retail and dining destination known as The Krog District to 26th Street Partners, following a major redevelopment that the seller wrapped up in 2023. 

  • October 03, 2025

    Justices To Weigh Compensation In Tax-Foreclosure Sale

    The U.S. Supreme Court agreed Friday to take up a case contending that a deceased homeowner's estate was denied its constitutionally owed compensation when a Michigan county sold a tax-foreclosed property at a fraction of its fair market value.

  • October 03, 2025

    Nixon Peabody Bolsters Real Estate, Tax Teams With 4 Hires

    Nixon Peabody LLP has hired four lateral counsel with in-house, government and BigLaw experience for its project finance, infrastructure and real estate departments.

  • October 03, 2025

    6th Circ. Won't Revive Religious Rehab Group's Land Use Suit

    The Sixth Circuit refused to rescue a faith-based rehabilitation operator's claims that a Tennessee county unlawfully wielded land use laws to keep it from buying a new site, finding that the group's move to a nearby county was not a substantial burden on its religious exercise.

  • October 03, 2025

    Taxation With Representation: Kirkland, Paul Weiss, Cravath

    In this week's Taxation With Representation, video game maker Electronic Arts agrees to be acquired by the Saudi Arabia Public Investment Fund, Silver Lake and Affinity Partners; online mortgage giant Rocket closes its acquisition of rival Mr. Cooper Group; and Berkshire Hathaway acquires international energy company Occidental's chemical business.

  • October 03, 2025

    Supreme Court Takes Up Cuba Seizure Law Cases

    The U.S. Supreme Court on Friday agreed to consider two cases seeking clarity on a federal law enacted in 1996 that allows U.S. victims of property seizures by the Cuban government to seek damages from entities that subsequently used the property.

  • October 02, 2025

    Jury Clears T-Mobile In Tower Builder's $20M Contract Suit

    T-Mobile owes nothing to a cell tower company that sought more than $20 million over claims the wireless carrier broke a contract that allegedly guaranteed the company rights to develop 100 tower sites, a Washington state jury said in a verdict Thursday.

Expert Analysis

  • 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.

  • How Landlords Can Navigate Cannabis-Related Leases

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    As the cannabis industry continues to rapidly grow, landlords should consider a variety of lease terms and operational details that may help mitigate uncertainty involving federal laws, zoning restrictions and tax implications, says Kyla Baker at Holland & Knight.

  • Lights, Camera, Real Estate: Preparing For Film Facility M&A

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    As the entertainment industry struggles to recover from multiple strikes and a decline in production, certain aspects of selling or acquiring production facilities may become important to consider, as these assets are valued very differently from typical commercial real estate properties, say attorneys at Olshan Frome.

  • Corporate Liability Issues To Watch In High Court TM Case

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    The U.S. Supreme Court will hear arguments in a trademark dispute between Dewberry Group and Dewberry Engineers next week, presenting an opportunity for the court to drastically alter the fundamental approach to piercing the corporate veil, or adopt a more limited approach and preserve existing norms, say attorneys at Bracewell.

  • Plugging Gov't Leaks Is Challenging, But Not A Pipe Dream

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    As shown by ongoing legal battles involving New York City Mayor Eric Adams and Sean “Diddy” Combs, it’s challenging for defendants to obtain relief when they believe the government leaked sensitive information to the media, but defense counsel can take certain steps to mitigate the harm, says Kenneth Notter at MoloLamken.

  • A Legal Perspective On NYC's Retail Real Estate Evolution

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    As New York City's retail market begins to show signs of resilience after the challenges of recent years, landlords must be cognizant of legal implications from shifting trends toward shorter-term leases and pop-up stores, says Andrea Gendel at Pryor Cashman.

  • What Interest Rate Cuts Mean For Housing Markets

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    The Federal Reserve's recent reduction of interest rates may provide limited immediate relief for real estate sectors, but offers potential opportunities for commercial real estate investors and construction firms, which now face an environment ripe for new projects, say attorneys at Cozen O'Connor.