Commercial

  • June 26, 2025

    NC Biz Court Stalls Foreclosure Sale On Development Project

    One hour before a foreclosure sale was set to take place, a North Carolina judge stepped in to block the auction after a property owner accused its partners on a 55-acre development of abusing lending, lien and foreclosure laws in a scheme against the owner.

  • June 26, 2025

    Maine To Hike Sales Tax On Cannabis, Add Streaming To Base

    Maine will raise its sales tax rate on adult-use cannabis and lower its excise tax rate on cannabis flower and add streaming services such as Netflix and Hulu to the sales tax base under budget legislation signed by the governor.

  • June 26, 2025

    Phillips Lytle Relocates Rochester Office To Technology Hub

    Phillips Lytle LLP has relocated its Rochester, New York, office to Innovation Square, a hub for technology, education and entrepreneurship, the firm announced.

  • June 25, 2025

    Wash. City Hits Ch. 9 After Arbitration Loss With Developer

    Cle Elum, a city in central Washington at the foothills of the Cascade Mountains, filed for Chapter 9 municipal bankruptcy on Tuesday facing garnishment from a real estate developer to whom it owes $26 million.

  • June 25, 2025

    Publicis Hits Landlord With $3M Buildout Reimbursement Suit

    A subsidiary of global public relations firm Publicis Groupe sued Market Holdings Co. LLC in Washington federal court for more than $3 million, alleging that the commercial landlord must reimburse it for a multimillion-dollar buildout project in a Seattle office property that Market Holdings leased to the company.

  • June 25, 2025

    RI Allows Providence To Exceed Tax Levy Cap For Fiscal 2026

    Providence, Rhode Island, may exceed the state's limit on property tax increases for the 2026 fiscal year under legislation signed by the governor.

  • June 25, 2025

    US House OKs Bill Beefing Up Foreign Land Buy Oversight

    The U.S. House of Representatives has advanced a bill to give federal officials more oversight on agricultural land purchases by foreign government adversaries such as China, Iran and Russia.

  • June 25, 2025

    Gibson Dunn Guides Faropoint $1B Industrial Fund Launch

    Real estate investment manager Faropoint launched its fourth industrial real estate fund under Gibson Dunn & Crutcher LLP's guidance on Wednesday, and said it has its sights set on raising $1 billion in capital commitments.

  • June 25, 2025

    Bain, 11North Team Up On $212M Oklahoma City Retail Buy

    Bain Capital Real Estate and 11North Partners announced Wednesday that they have acquired three open-air retail centers in Oklahoma City for approximately $212 million, in a move that underscores growing institutional interest in high-performing retail despite shifting consumer habits and lingering inflation.

  • June 25, 2025

    Sheppard Mullin Atty Sees Hotel Finance In A Long Downturn

    The hospitality finance sector has still not recovered from the onset of COVID-19 more than five years ago, and tariff and interest rate questions are now adding more uncertainty on the lending front, Sheppard Mullin's hospitality leader told Law360 Real Estate Authority.

  • June 25, 2025

    EisnerAmper Adds International Tax Pro To Minneapolis Office

    EisnerAmper has expanded its international tax services group with a new partner who helps individual and corporate clients navigate legislation, regulatory risks and compliance obligations.

  • June 25, 2025

    Title Resources Group Names New NC Underwriting Counsel

    Insurance underwriter Title Resources Group announced on Wednesday that it has added attorney Natasha Branch as vice president of education and underwriting counsel for North Carolina.

  • June 25, 2025

    Billionaires, Endowment Back $163M Tryperion CRE Fund

    Beverly Hills, California-based real estate investment firm Tryperion Holdings said it has raised $163 million in a fund focused on a variety of U.S. real estate investments with backing from billionaires and a university endowment.

  • June 24, 2025

    Ex-NFL Player Says Indicted Adviser Defrauded Him For Years

    Retired Carolina Panthers defensive lineman Mike Rucker and his wife unknowingly invested in a Ponzi scheme perpetrated by their longtime financial adviser who is now under criminal indictment in North Carolina, according to a state court complaint they filed accusing him of mismanaging their money for decades.

  • June 24, 2025

    Scottsdale Insurance Ends Coverage Fight Over Mall Shooting

    Scottsdale Insurance Co. informed a Florida federal judge on Tuesday it has settled its suit seeking an order that it doesn't owe coverage to the owner of a shopping plaza hit with a $1 million personal injury suit brought by a man who was shot in the plaza parking lot.

  • June 24, 2025

    Fox Rothschild Hires Veteran Real Estate Atty For Minn. Office

    Fox Rothschild LLP has brought on board an experienced commercial real estate transactions attorney for a counsel role in its Minneapolis office, the firm announced on Tuesday.

  • June 24, 2025

    NJ Agency Fights $26M Property Taking Verdict In Ch. 11

    A New Jersey development agency pushed back against a move in bankruptcy court by the owner of a former tire factory site to collect a $25.6 million jury verdict stemming from the agency's decision to condemn the property and make way for housing.

  • June 24, 2025

    Texas Narrows Discovery Allowance In Property Tax Appeals

    Texas district courts can't order discovery in property tax cases unless the discovery is requested by the appealing party under a bill signed by Gov. Greg Abbott. 

  • June 24, 2025

    Plymouth Nabs $193M Ohio Industrial Portfolio

    Plymouth Industrial REIT Inc. announced that it has purchased a 1.95 million-square-foot portfolio of industrial properties located across three Ohio submarkets from an affiliate of Investcorp for $193 million.

  • June 24, 2025

    Macerich Real Estate Co. Buys Mall In Raleigh, NC For $290M

    The Macerich Co. has picked up a 1.3 million-square-foot mall in North Carolina's capital city of Raleigh for $290 million, according to a Tuesday announcement.

  • June 24, 2025

    Alaska Must Challenge Tribe's Gaming Hall In Home State

    The state of Alaska must challenge federal approval for an Alaska Native tribe's gaming hall on its home turf and not in Washington, D.C., a D.C. federal judge ruled.

  • June 24, 2025

    Ohio School Board Can't Appeal Property's Valuation

    An Ohio commercial property improperly had its value raised to $27.8 million, the state Board of Tax Appeals ruled, finding jurisdiction was lacking for a school board's appeal that resulted in the increase.

  • June 24, 2025

    V&E Adds Investment, Finance Trio In NY, Texas

    Vinson & Elkins LLP has brought on three new partners to strengthen its investment management and finance practices.

  • June 24, 2025

    Simpson Thacher Guides $575M Loan For Times Square Office

    In two loan deals guided by Simpson Thacher & Bartlett LLP, Apollo Global Management Inc. borrowed more than $575 million for a Times Square office skyscraper that's going to be converted into a residential building, according to official property records filed Tuesday.

  • June 24, 2025

    GSA Chooses Site For New Conn. Federal Courthouse

    The U.S. General Services Administration selected a 2.19-acre parking lot in Hartford, Connecticut, as the home for a new federal courthouse, which it says will be operational by 2030.

Expert Analysis

  • Ch. 11 Free-And-Clear Sale Ruling Takes Pragmatic Approach

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    A recent ruling from a New York bankruptcy court in which the debtors were allowed to sell interests free and clear regardless of a lienholder's objection signals a practical approach and a recalibration of the balance between debtor flexibility and creditor protections, say attorneys at Eversheds Sutherland.

  • What's At Stake As 9th Circ. Eyes Cultural Resource Damages

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    In Pakootas v. Teck Cominco, the Ninth Circuit is faced with the long-unresolved question of whether cultural resource damages are recoverable as part of natural resource damages under the Superfund law — and the answer will have enormous implications for companies, natural resource trustees and Native American tribes, says Sarah Bell at Farella Braun.

  • 5 Insurance Types For Mitigating Tariff-Related Trade Losses

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    The potential for significant trade-related losses as a result of increased tariffs may cause companies to consider which of their insurance policies, including marine, builders risk, trade credit, and directors and officers, could provide coverage to alleviate the financial impact, say attorneys at Pillsbury.

  • Avoiding Pitfalls Around New Calif. Commercial Lease Law

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    A California law that became effective this year requires commercial landlords to extend certain protections previously afforded to residential tenancies, and a few key provisions of the law especially warrant reexamination of leasing and operational processes, say attorneys at Holland & Knight.

  • Measuring And Mitigating Harm From Discriminatory Taxes

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    In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.

  • Addressing Tariff Price Escalation In Construction Contracts

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    As construction projects across the U.S. face uncertainty surrounding material price increases driven by government-imposed tariffs, owners and developers should draft strong contracts to protect themselves from tariff-related cost overruns and delays, say attorneys at Akerman.

  • How The CRE Industry Is Adapting To Tariff Uncertainty

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    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.

  • Reconciling 2 Smoke Coverage Cases From California

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    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.

  • Contractor Remedies Amid Overhaul Of Federal Spending

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    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.

  • Contract Disputes Recap: Terminations Galore

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    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.

  • Making The Opportunity Zones Program Great At Last

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    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.

  • Investor Essentials For Buying Federally Owned Property

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    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.

  • How 2025 Is Shaping The Future Of Bank Mergers So Far

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    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.