Commercial

  • December 03, 2025

    Ropes & Gray Advises $4.6B Sculptor Real Estate Fund Close

    Asset manager Sculptor Capital Management said Wednesday that it has closed an oversubscribed fund at $4.6 billion targeting nontraditional real estate investments.

  • December 02, 2025

    Miami Dade College Votes To Transfer Land For Trump Library

    The Miami Dade College board of trustees voted again Tuesday to transfer a parcel of land in downtown Miami to the state of Florida to build the Donald J. Trump Presidential Library, after saying the library would be a boon to both the school and community.

  • December 02, 2025

    Nuveen Real Estate Caps $650M Debt Fund

    Asset management firm Nuveen Real Estate capped its first closed-end fund focused on commercial property debt at $650 million, beating the investment vehicle's target, the company said Tuesday.

  • December 02, 2025

    Oberon Says UK REIT Owes $40M Fee For Assura Takeover

    A New York investment bank accused a healthcare-focused U.K. real estate investment trust and an affiliate of owing more than $40 million after the bank found a real estate portfolio acquisition target for the REIT, in a suit filed Monday in New York federal court.

  • December 02, 2025

    Monsanto Agrees To $120M Deal Over Ill. PCB Pollution

    Monsanto Co. has reached a deal to pay $120 million to the state of Illinois to resolve a lawsuit seeking to hold the company liable for polychlorinated biphenyls pollution into the state's air, water and soil, Illinois Attorney General Kwame Raoul has announced.

  • December 02, 2025

    Pillsbury Advises $630M Refi For Miami's 830 Brickell Tower

    Investment manager Cain and developer OKO Group said Tuesday that they've landed a $630 million refinancing for their 830 Brickell office tower in Miami to replace a 2024 construction bridge loan.

  • December 02, 2025

    Two Firms Advise $130M Brooklyn Waterfront Parcel Buy

    Two firms advised on the $130 million purchase and financing of a waterfront parcel in Greenpoint, Brooklyn.

  • December 02, 2025

    2 Firms Lead $800M Sale Of Stake In Vegas Blackstone Resort

    Realty Income Corp. has agreed to buy an $800 million stake in Blackstone's Las Vegas CityCenter complex, in a deal that allows the asset manager to maintain control of the site.

  • December 02, 2025

    Simpson Thacher Guides Stonepeak's Student Housing Buy

    Alternative investment firm Stonepeak and Cardinal Group, both guided by Simpson Thacher & Bartlett LLP, acquired a three-property, 2,300-bed student housing portfolio located in several Sunbelt public universities, Stonepeak announced Tuesday.

  • December 02, 2025

    Colo. Hotel Owner Seeks $790K In Storm Damage Coverage

    An insurer owes more than $790,000 for damage to a hotel roof during a winter storm and resulting water damage, a Colorado property owner alleged in a suit removed to federal court, saying the carrier unreasonably delayed and denied coverage.

  • December 02, 2025

    NYC Real Estate Week In Review

    Haynes Boone and Frenkel Hershkowitz & Shafran LLP guided two of New York City's largest real estate deals in the past week, which included the sale of two adjacent office towers in Flatiron and a third office property held by the Durst Organization for decades.

  • December 02, 2025

    NY Child Care Property Tax Abatement Boost Sent To Hochul

    New York state would increase a property tax abatement for eligible child care centers in New York City under a bill sent to Gov. Kathy Hochul.

  • December 02, 2025

    Kirkland Lands Another Latham Real Estate Leader

    Another real estate leader from Latham & Watkins LLP has joined Kirkland & Ellis LLP as a partner, the firm announced Tuesday.

  • December 01, 2025

    Mexico Ducks $2.7B Land Seizure Suit

    An international tribunal has nixed an organic farming company's $2.7 billion claim against Mexico over a land grab in the Pacific coastal state of Jalisco, ruling that the seizure took place after underlying treaty protections expired.

  • December 01, 2025

    AM Best Says US Home Insurance Market Outlook Is 'Stable'

    The U.S. homeowners insurance market is benefiting from a combination of moderating premium growth, reinsurance market stabilization and improved catastrophe risk management practices, global credit rating agency AM Best said Monday, upgrading the outlook for homeowner insurers to "stable" from "negative."

  • December 01, 2025

    NY Cannabis Regulators Says Town's Zoning Code Preempted

    New York State Office of Cannabis Management told a New York federal court that a local town's zoning law at the heart of a dispute between the town and a licensed cannabis dispensary "is preempted and invalid" due to a prior state board decision.

  • December 01, 2025

    Browns Near $100M Deal With Cleveland Over Stadium Move

    Due to a pending $100 million settlement, an Ohio federal judge decided Monday to extend a stay for a suit lodged by the Cleveland Browns against the city over the NFL team's planned stadium move.

  • December 01, 2025

    Carlton Fields, DLA Piper Guide Hotel Industry Merger

    Carlton Fields PA and DLA Piper worked on a merger announced Monday that will bring hotel management company Waterford Hotel Group and hotel developer and operator Maverick Hotels & Restaurants together in a strategic partnership aimed at accelerating their growth.

  • December 01, 2025

    Developer Seeks $16.4M From Feds For Delayed ATF Project

    A developer has filed a breach of contract lawsuit in the U.S. Court of Federal Claims, alleging delays and changes made by the General Services Administration for the design and build-out of a Bureau of Alcohol, Tobacco, Firearms and Explosives location in Florida lead to $16.4 million in increased expenses.

  • December 01, 2025

    Manhattan Office Availability Hits Lowest Level In 5 Years

    Available office supply in Manhattan last month reached its lowest point since November 2020, a sign that the office market in the country's most populous city is seeing a strong recovery from the pandemic, according to a Colliers report Monday.

  • December 01, 2025

    CCA Seeks OK For Deal With Bahamas Developer Owed $1.6B

    Chinese state-owned firm CCA Inc. asked a New Jersey bankruptcy judge to approve a settlement with a Bahamian resort developer whose $1.6 billion court win sent CCA into Chapter 11.

  • December 01, 2025

    State Board Advances 3 NYC Casino Plans Left Standing

    A New York state panel on Monday endorsed a pair of proposals in Queens and another in the Bronx to win three downstate casino licenses, setting up final approval of the multibillion-dollar projects before the end of the year.

  • December 01, 2025

    2 Firms Steer Construction Services Firm's $242M IPO

    Construction services firm Cardinal Infrastructure Group Inc., guided by Willkie Farr & Gallagher LLP, set a price range for an estimated $242 million initial public offering on Monday, and the IPO is being backed by lead underwriters Stifel Nicolaus & Co. Inc. and William Blair & Co. LLC, advised by Latham & Watkins LLP.

  • December 01, 2025

    Ill. Dept. Analyzes State Property Tax System Per 2024 Law

    The Illinois Department of Revenue said Monday that it's conducting a study of the state's property tax system as required by a law enacted last year.

  • November 26, 2025

    Board Denies State Dept. Win In Contract Termination Row

    The U.S. Civilian Board of Contract Appeals denied the U.S. Department of State's attempt to limit a construction company's monetary claim after the agency terminated its construction contract, saying there's too much uncertainty over the contract price.  

Expert Analysis

  • Criminal Enforcement Considerations For Gov't Contractors

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    Government contractors increasingly exposed to criminal liability risks should establish programs that enable detection and remediation of employee misconduct, consider voluntary disclosure, and be aware of the potentially disastrous consequences of failing to make a mandatory disclosure where the government concludes it was required, say attorneys at Crowell & Moring.

  • The Often Overlooked NY Foreclosure Notice Requirements

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    As multifamily real estate defaults mount, New York foreclosing parties should be aware of pitfalls and perils that can await the litigant who is not prepared to ensure adherence with tenant notice requirements under the Real Property Actions and Proceedings Law, say Christopher Gorman and John Muldoon at Rosenberg & Estis.

  • A Case Study For Calif. Cities In Water Utility Takeovers

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    With growing water scarcity and drier weather looming, some local governments in California have sought to acquire investor-owned water utilities by eminent domain — but the 2016 case of Claremont v. Golden State Water is a reminder that such municipalization attempts must meet certain statutory requirements, say attorneys at Nossaman.

  • Lower Courts May Finally Be Getting The Memo After Ciminelli

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    A year after the U.S. Supreme Court again limited prosecutors' overbroad theories of fraud in Ciminelli v. U.S., early returns suggest that the message has at least partially landed with the lower courts, spotlighting lessons for defense counsel moving forward, says Kenneth Notter at MoloLamken.

  • A Framework For Investigating Commercial Loan Fraud

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    As commercial loan transactions are increasingly subject to sophisticated fraud schemes, lenders must adopt dynamic strategies to detect, investigate and mitigate these schemes, say attorneys at Baker Donelson.

  • Yellow Corp. Lease Assumption Shows Landlord Protections

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    Yellow Corp.’s recent filing of a motion to assume unexpired leases is a helpful reminder to practitioners to maintain a long-term approach about what is most beneficial for an estate and to not let a debtor's short-term cash position dictate business decisions, says Kyle Arendsen at Squire Patton.

  • How A Bumblebee Got Under Calif. Wildlife Regulator's Bonnet

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    A California bumblebee's listing as an endangered species could lead to a regulatory quagmire as California Department of Fish and Wildlife permits now routinely include survey requirements for the bee, but the regulator has yet to determine what the species needs for conservation, says David Smith at Manatt.

  • The Clock Is Ticking For Fla. Construction Defect Claims

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    Ahead of the fast-approaching July 1 deadline for filing construction defect claims in Florida, Sean Ravenel at Foran Glennon discusses how the state's new statute of repose has changed the timeline, and highlights several related issues that property owners should be aware of.

  • It's Time To Defuse The Ticking Time Bomb Of US Landfills

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    After recent fires at landfills in Alabama and California sent toxic fumes into surrounding communities, it is clear that existing penalties for landfill mismanagement are insufficient — so policymakers must enact major changes to the way we dispose of solid waste, says Vineet Dubey at Custodio & Dubey.

  • Ohio Tax Talk: The Legislative Push For Property Tax Relief

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    As Ohio legislators attempt to alleviate the increasing property tax burden, four recent bills that could significantly affect homeowners propose to eliminate replacement property tax levies, freeze property taxes for longtime homeowners, adjust homestead exemptions annually for inflation, and temporarily expand the homestead exemption, say Raghav Agnihotri and Rachael Chamberlain at Frost Brown.

  • Tips For Advising CRE Owners Affected By Houston Storms

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    As Houston residents begin the arduous process of recovery after this month's devastating storms, attorneys should guide commercial real estate owners and managers toward immediate action under their insurance coverage to facilitate restoration and a return to normalcy, says Justin Ratley at Munsch Hardt.

  • How Real Estate Cos. Can Protect Their IP In The Metaverse

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    The rise of virtual and augmented reality creates new intellectual property challenges and opportunities for real estate owners, but certain steps, including conducting a diligence investigation to develop an understanding of current obligations, can help companies mitigate IP issues in the metaverse, says George Pavlik at Levenfeld Pearlstein.

  • Ga. Law Creates Challenges For Foreign Ownership Of Land

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    Under Georgia's new law limiting certain foreign possessory interests in agricultural land and land near military properties, affected foreign persons and entities will need to do significantly more work in order to ensure that their ownership remains legal, say Nellie Sullivan and Lindsey Grubbs at Holland & Knight.