Commercial
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November 25, 2025
Private Equity Could Be Ace Of College Sports Real Estate
Private equity, long-established as a source of funding for professional sports, is now poised to make its entrance into college sports by fueling sports real estate and mixed-use districts adjacent to athletic facilities to generate revenue.
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November 25, 2025
New Complaint Says Ex-Execs Turned Steward Into 'Zombie'
Bankrupt hospital operator Steward Health has filed hundreds of millions in new claims in Texas bankruptcy court against its former CEO and other executives, including allegations that they orchestrated a sale-leaseback deal that rendered the business an insolvent "zombie."
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November 25, 2025
Investors Say Alexandria Overhyped Leasing, NYC Project
Alexandria Real Estate Equities Inc. investors filed suit in California federal court Tuesday, claiming the real estate investment trust overstated the strength of its leasing business and the projected value of a New York City property, causing the company's stock price to drop once the truth came to light.
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November 25, 2025
CIM Wraps Up $93M Loan For Boston Office, Retail Building
Lender, developer and property owner CIM Group completed a $93.1 million whole loan deal allowing borrower DivcoWest to acquire a 13-story, 245,000-square-foot Boston office and retail building, the company has announced.
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November 25, 2025
MVP: Simpson Thacher's Whitney Salinas
Whitney Salinas of Simpson Thacher & Bartlett LLP advised real estate investment behemoth Blackstone on myriad multibillion-dollar deals in the past year, including its $16.2 billion acquisition of AirTrunk, one of Asia Pacific's largest data center businesses, scoring her a place among the 2025 Law360 Real Estate MVPs.
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November 25, 2025
MVP: King & Spalding's Scott Greer
Scott Greer of King & Spalding LLP is advising Microsoft on a multibillion-dollar pursuit to develop data center infrastructure across the U.S. and has also guided a plethora of major construction projects for energy companies across the country, landing him a spot among the 2025 Law360 Construction MVPs.
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November 25, 2025
NYC Real Estate Week In Review
Attorneys with Greenberg Traurig LLP and Wachtel Missry LLP guided two of the largest property transactions in New York City over the past week, including one deal to set up development of an East Midtown site and another at the low-rise home of a pizza joint near Penn Station.
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November 25, 2025
3 Firms Guide $408M SF Hotel Sale From Receivership
Newbond Holdings and Conversant Capital announced Tuesday that the pair have acquired two of San Francisco's largest hotels in a $408 million deal, guided by Goodwin Procter, Jeffer Mangels and Duane Morris.
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November 24, 2025
NC Landowners Assert Right To Fight Gas Facility Rezoning
A group of landowners fighting the development of a liquid methane gas storage facility told a North Carolina state appeals court that they were deprived of their rights under state law because some neighboring properties were not properly notified of the rezoning.
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November 24, 2025
Bid To Halt Fla. Suit Over Trump Library Land Transfer Denied
A Florida state judge on Monday denied a bid to halt the proceedings of a lawsuit challenging the transfer of Miami Dade College land to construct the Donald J. Trump Presidential Library, citing the age of the retired professor who brought the complaint.
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November 24, 2025
MoFo, Gibson Dunn Steer $541M Hudson Yards Buy
Morrison Foerster and Gibson Dunn guided Mori Trust's blockbuster $541 million acquisition of the lower floors of 35 Hudson Yards from partners Related Companies and Oxford Properties Group, MoFo announced on Monday.
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November 24, 2025
SITE Centers Closes $263.6M Sale Of Four Shopping Centers
SITE Centers Corp. has closed a $263.6 million sale of four shopping centers located in New Jersey, Ohio and Pennsylvania, the open-air shopping centers owner and operator announced.
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November 24, 2025
NJ Panel Orders Arbitration In Jersey City Real Estate Dispute
A New Jersey appellate court on Monday affirmed a lower court's arbitration order for several counterclaims in a dispute involving a Jersey City apartment project, ruling that the counter-defendants didn't previously waive their right to arbitrate the counterclaims.
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November 24, 2025
NJ Towns Want Housing Provision Paused Amid Pending Suit
Elected officials challenging a provision of New Jersey's new affordable housing framework have asked a Garden State federal court to preserve their municipalities' current zoning as they await the outcome of their pending suit.
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November 24, 2025
Fla. Firm Haber Law Elevates 3 Attys To Partner Amid Growth
Miami-based Haber Law promoted three attorneys to its partnership after seeing growth in its Miami-Dade, Broward and Palm Beach markets.
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November 24, 2025
Doctor Liable For Rent On Ex-NFL Player's Concussion Clinic
A Florida neurologist who partnered with a former National Football League player to start a concussion clinic in Massachusetts can't dodge more than $100,000 in unpaid rent and interest owed by the defunct venture, an intermediate state appellate court said.
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November 24, 2025
La. Panel Axes Parishes' Premature Appeal Of Property Value
A Louisiana state appeals court tossed a challenge that four parishes lodged against the state Tax Commission's valuation of an energy company's property, saying the appeals were filed before the commission issued an appealable ruling.
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November 24, 2025
Guam Bill Would Create Amnesty Program For Overdue Taxes
Guam would establish an amnesty program to provide for the waiver of penalties and interest on delinquent corporate and individual income taxes, property taxes and other outstanding tax liabilities under a bill introduced in its unicameral Legislature.
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November 21, 2025
3 Firms Guide American Healthcare REIT's Public Offering
American Healthcare REIT Inc., guided by Sidley Austin LLP, announced a public offering for 8.1 million of its common stock shares, which are underwritten by Paul Hastings LLP-led RBC Capital Markets in a deal partially guided by Venable LLP, according to a U.S. Securities and Exchange Commission filing.
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November 21, 2025
Feds Aim To Put Sackett Into Practice With New Water Rules
After the U.S. Supreme Court's 2023 ruling in Sackett v. EPA set new boundaries for which bodies of water are subject to federal oversight, the Trump administration is rolling out rulemaking to put into effect the court's more limited vision.
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November 21, 2025
Overwatch Capital, Idemitsu Reveal AI Data Center Partnership
Investment platform Overwatch Capital and Japanese energy company Idemitsu Kosan Co. Ltd. will work together to build "next-generation, energy-resilient AI data centers" in Utah, Georgia, Texas, Illinois, Nevada, South Carolina, Pennsylvania, Ohio, Arizona and Colorado, Overwatch said on Thursday.
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November 20, 2025
Subletting Co. Settles NYC's Illegal STR 'Matchmaker' Claims
A subletting company has agreed to resolve claims that it was used as a "'matchmaker'" of sorts for advertising and setting up illegal short-term rentals in New York City, the Mayor's Office of Special Enforcement announced.
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November 20, 2025
NoMo SoHo Hotel Owner Seeks $125M Sale In Ch. 11
A New York bankruptcy judge agreed Thursday to approve sale procedures for the insolvent owner of the NoMo SoHo Hotel in Manhattan, setting it on a path to wrap up the process in just 20 days.
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November 20, 2025
NC Hotel Owner Says Insurer Botched Tornado Damage Claim
An insurer failed to conduct a meaningful investigation of a North Carolina hotel's claim for tornado damage, the property owner alleged in a suit removed to federal court, saying the insurer issued a "puzzling" coverage denial referencing damage at a property 150 miles away and a workplace injury in Florida.
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November 20, 2025
Phillips 66 Loses Appeal Of La. Refinery's $1 Billion Value
Phillips 66 cannot use the sale of a refinery in another state in its arguments for lowering the $1 billion assessment of a refinery in Louisiana, a state appeals court said, rejecting the company's appeal of the valuation.
Expert Analysis
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How The CRE Industry Is Adapting To Tariff Uncertainty
Amid uncertainty about pending tariffs and their potential ripple effects, including higher material costs, supply chain delays and tighter margins, commercial real estate industry players are focusing on strategic planning and risk mitigation, says Daniel Diaz Leyva at Day Pitney.
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Reconciling 2 Smoke Coverage Cases From California
As highlighted by a California Department of Insurance bulletin clarifying the effect of two recent decisions on insurance coverage, the February state appellate ruling denying coverage for property damage from smoke, ash and soot should be viewed as an outlier, say attorneys at Reed Smith.
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Contractor Remedies Amid Overhaul Of Federal Spending
Now that the period for federal agencies to review their spending has ended, companies holding procurement contracts or grants should evaluate whether their agreements align with administration policies and get a plan ready to implement if their contracts or grants are modified or terminated, say attorneys at DLA Piper.
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Contract Disputes Recap: Terminations Galore
Attorneys at Seyfarth examine three recent decisions in which the Civilian Board of Contract Appeals and the Armed Services Board of Contract Appeals provide valuable insights into contract terminations, modifications and the jurisdictional requirements for claims.
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Making The Opportunity Zones Program Great At Last
As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.
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Investor Essentials For Buying Federally Owned Property
Investors and developers can take advantage of the Trump administration's plan to sell government-owned real estate by becoming familiar with the process and eligible to bid, and should prepare to move quickly once the U.S. General Services Administration posts the list of properties for sale, say attorneys at Holland & Knight.
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How 2025 Is Shaping The Future Of Bank Mergers So Far
Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.
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Why NY May Want To Reconsider Its LLC Transparency Law
Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.
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Dewberry Ruling Is A Wakeup Call For Trademark Owners
The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.
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How GSA Lease Clauses May Affect DOGE Terminations
The Department of Government Efficiency has begun to cut the U.S. General Services Administration's enormous real estate portfolio, but some standard lease clauses include limits helpful to landlords that may slow progress toward the administration's cost-cutting goals, say attorneys at Pillsbury.
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What SDNY Judge Can And Can't Do In Adams Case
The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Corp. Transparency Act's Future Under Treasury's Bessent
The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.