More Real Estate Coverage
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May 20, 2025
GSA Official Gives Mea Culpa On 'Non-Core' Federal Property
A top official of the federal government's real estate overseer testified on Tuesday that the administration was a bit rash in publishing a list two months ago with more than 400 "non-core" government properties, including federal courthouses, that it was considering disposing of.
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May 19, 2025
Texas Voters To Decide On Barring Tax On Estate Transfers
Texas voters will decide if the state should create a constitutional amendment prohibiting taxes on a decedent's property or the transfer of an estate, inheritance, legacy, succession or gift under a joint resolution approved by state lawmakers.
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May 19, 2025
Polsinelli Lands Latham Real Estate Pro In Los Angeles
In response to growing client demand, Polsinelli PC has added a former Latham & Watkins LLP partner with decades of experience to its real estate practice in Los Angeles, the firm announced Monday.
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May 19, 2025
Kirkland Guides Blackstone's $11.5B Deal For TXNM Energy
Blackstone Infrastructure has agreed to acquire regulated utility holding company TXNM Energy in an all-cash transaction valued at $11.5 billion, including net debt and preferred stock, TXNM said in a Monday announcement.
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May 16, 2025
Feds Defend Oneida Nation's 500-Acre Land Trust Decisions
The Interior Department says a Wisconsin town's bid to vacate decisions to take 500 acres into trust for the Oneida Nation is meritless, telling a federal court that the municipality fails to meet its Administrative Procedure Act burden to show any bias stemming from the agreement.
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May 16, 2025
Mich. Farm Gets Only Partial Exemption, Court Says
A Michigan property that has farmland, an apple orchard and an area used for tourism activities is eligible for only a partial agricultural exemption, the state appeals court ruled.
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May 16, 2025
Hall Booth Adds Ga. Real Estate Pro From Investment Firm
Law firm Hall Booth Smith PC said it has added real estate attorney Ryan Scates as of counsel in its Brunswick, Georgia, office.
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May 15, 2025
Wis. Tribe Urges Army Corps To Reject Enbridge Line 5 Permit
Members of a Wisconsin tribe are urging the U.S. Army Corps of Engineers to deny Enbridge Energy Inc. a permit that will allow it to reroute its Line 5 pipeline around and upstream its reservation, arguing that, if allowed, hundreds of downstream wetlands and streams would be polluted by the project.
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May 15, 2025
Ga. Atty Gets 16 Months For Role In $1.3B Tax Shelter Scheme
A Georgia attorney has been sentenced to 16 months in federal prison and slammed with an $8 million bill after pleading guilty to helping orchestrate a $1.3 billion tax scheme involving fraudulent conservation easements.
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May 15, 2025
Insurer Wants Smokestack Demo Cos. To Pay For Damage
Erie Insurance is seeking to make the companies that demolished two smokestacks at a former Western Pennsylvania coal-fired power plant pay $375,000 for damage that flying dust, debris and shock waves did to a neighboring property, according to a lawsuit filed in state court.
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May 14, 2025
Tree Removal Is Major Cost Of PacifiCorp Damage, Jury Told
Jurors in the latest wildfire damages trial against PacifiCorp heard Wednesday from an expert forester who testified that one of the affected properties needs over $1.5 million in tree removal and replacement services, but admitted he did not actually visit the property.
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May 14, 2025
Interior Policy Aims To Shorten Oil And Gas Leasing Reviews
The U.S. Department of the Interior has unveiled a new policy that attempts to speed up oil and gas leasing on public lands by cutting the amount of time spent reviewing the suitability of potential leasing areas.
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May 14, 2025
Wisconsin Lake Homeowners Amend Tribal Tax Burden Suit
Four lake homeowners and an association have amended a suit against local governments in the Menominee reservation in northern Wisconsin, claiming the tribe has sought to grow the amount of tax-exempt land while leaving owners of taxable homes to pay more than their fair share.
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May 14, 2025
McGlinchey Stafford Adds Real Estate, Financial Services Pro
McGlinchey Stafford PLLC announced that the firm has added a real estate and financial services pro to its financial services litigation practice, who joins the firm following a five-year stint in private practice.
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May 14, 2025
States Ask Court To End Trump's Wind Project Freeze
A coalition of states on Wednesday asked a Massachusetts federal judge for a preliminary injunction ordering the Trump administration to end its freeze on wind energy project permitting, saying the policy could erase nearly $100 billion in investments and cost 40,000 jobs if left in place throughout the president's term.
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May 14, 2025
Ore. Riverfront Parcel Overvalued, State Tax Court Finds
An Oregon riverfront property was overvalued by $12,000 in tax year 2022-23, the Oregon Tax Court said, lowering its real market value while rejecting the owner's arguments for a much deeper cut.
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May 14, 2025
Ex-FDNY Safety Chief Gets 3 Years For $57K Bribery Haul
A Manhattan federal judge hit a former fire prevention chief for the New York Fire Department with a three-year prison sentence Wednesday for taking bribes to expedite safety checks, saying the longtime, well-off public servant acted out of greed.
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May 13, 2025
Nason Yeager Guides Fla. Wetland Mitigation Bank Deals
A property owner bought two Florida Panhandle wetland mitigation banks in a pair of deals led by Nason Yeager Gerson Harris & Fumero PA, the law firm announced Tuesday.
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May 13, 2025
Builder Says Zurich Owes $2.6M For Bronx School Damage
A contractor said a Zurich unit owes it at least $2.6 million for costs incurred after a construction site collapse at a Bronx school, telling a New York federal court the insurer failed to timely adjust its claim and wrongfully refused to pay out any funds for the loss.
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May 13, 2025
NY Real Estate Firm Adler & Stachenfeld Absorbs Boutique
New York real estate firm Adler & Stachenfeld LLP has welcomed six attorneys and support staff from real estate boutique Seiden & Schein PC, including name and founding partner Alvin Schein, Adler & Stachenfeld said Tuesday.
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May 12, 2025
Judge Blocks Oak Flat Land Transfer Until High Court Review
A federal judge has temporarily blocked the federal government from transferring an ancient Arizona Apache worship site to a copper mining company until the U.S. Supreme Court rules on the dispute, saying there is no question that the tribes would suffer irreparable harm should the move proceed.
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May 12, 2025
Asbestos Spiked Cost To Demolish Power Plant, Suit Says
A subcontractor doing demolition at a former Boston power plant undergoing redevelopment says it is owed more than $22 million for additional work after finding hidden pockets of asbestos in multiple locations.
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May 12, 2025
Calif. Tribe Can't Halt Decision On $700M Casino, Feds Say
The U.S. Department of the Interior has urged a D.C. federal court to reject a California tribe's bid to temporarily block the department's decision to rescind gambling eligibility for a $700 million casino project.
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May 12, 2025
Will Justices Finally Rein In Universal Injunctions?
The U.S. Supreme Court is expected to address for the first time Thursday the propriety of universal injunctions, a tool federal judges have increasingly used to broadly halt presidential orders and policy initiatives, and whose validity has haunted the high court's merits and emergency dockets for more than a decade.
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May 12, 2025
3 Firms Guide NRG, LS Power On $12B Natural Gas Deal
NRG Energy Inc. said Monday it has agreed to acquire a portfolio of natural gas-fired power plants and a virtual power plant platform from LS Power for $12 billion, in a cash-and-stock deal steered by White & Case LLP, Milbank LLP and Willkie Farr & Gallagher LLP.
Expert Analysis
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Permitting Reform: Electric Transmission Implications
While Sen. Joe Manchin recently withdrew his energy infrastructure permitting reform proposal, it is likely that it will remain high on the congressional agenda — especially given its potential to transform authorizations and reviews for electric transmission projects, say attorneys at Steptoe & Johnson.
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Justices' Clean Water Act Queries Hint At Search For Balance
While some predict that the U.S. Supreme Court's conservative majority will use Sackett v. U.S. Environmental Protection Agency to strike a blow against the Clean Water Act, the justices' scrutiny of simplistic industry assertions during oral argument offers hope that they may render a more nuanced verdict, says Sambhav Sankar at Earthjustice.
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San Diego Arena Provides Case Study Of Surplus Land Act
A San Diego municipal sports arena property, which recently obtained approval from the California Department of Housing and Community Development, provides a valuable lesson regarding compliance with Surplus Land Act requirements, and the delays that can otherwise ensue, says Elinor Eizdi at Nossaman.
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EPA Guidance Signals Greater Enviro Justice Focus In Permits
A list of frequently asked questions recently released by the U.S. Environmental Protection Agency emphasizes environmental justice and civil rights considerations in permitting for a wide range of commercial activities across many industries, and is likely to reverberate loudly in environmental permitting for years to come, say attorneys at King & Spalding.
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Unpacking The Inflation Reduction Act's Energy Tax Credits
Provisions in the recently enacted Inflation Reduction Act that affect how taxpayers can monetize clean energy tax credits will change how clean energy projects are financed, but taxpayers that may not be allowed multiple credits need to determine which type of credit will be the most advantageous, say attorneys at BakerHostetler.
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How COVID Has Changed Project Development And Finance
Two and a half years into the pandemic, some COVID-19-specific provisions are now common in the project development and finance markets, while others are still undergoing negotiation, say Nate Galer and Katy McNeil at Mayer Brown.
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Hydrogen Sector Needs More Regulatory Certainty
While recent policy developments have raised hopes about hydrogen as a clean energy technology, unlocking hydrogen's full potential will require more clarity about how its large-scale production, transport and use will be regulated on a long-term basis, say attorneys at Troutman Pepper.
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Dropped FCPA Case Holds Key Reminder For Defense Attys
The U.S. Department of Justice’s recent decision, based on newly discovered evidence, to drop Foreign Corrupt Practices Act charges against two defendants involved in a Haitian port development project underscores the need for defense counsel to hold the DOJ to its own policies and precedents in all types of criminal cases, say attorneys at Miller & Chevalier.
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How Inflation Reduction Act Will Lift Offshore Wind Projects
The Inflation Reduction Act should promote the development of offshore wind energy in multiple ways — including by improving the planning and permitting process for transmission infrastructure, expanding potential lease areas and making beneficial changes to the tax credits available for renewable energy developers, say attorneys at Day Pitney.
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CORRECTED: New Tax Credits For Renewables Should Offer Investors Relief
The Inflation Reduction Act's changes to tax credits for renewable energy projects should finally liberate tax equity investors from the restraints of the complex and onerous federal anti-abuse regime, says Kay Hobart at Parker Poe. Correction: Because of an editing error, a previous version of this article incorrectly characterized tax enforcement regimes in North Carolina and other states. This error has been corrected.
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Inflation Reduction Act A Boon To Hydrogen, Carbon Capture
The Inflation Reduction Act's tax credits and direct payments, extension of existing renewable electricity subsidies, and other benefits will accelerate hydrogen and carbon capture projects across the U.S. — and will likely draw capital into the country that would otherwise have gone to projects elsewhere, say attorneys at Shearman.
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Public-Private Partnerships Can Enable Infrastructure Repairs
As governmental entities at all levels continue to face intense financial pressures to fund operations, programs and benefit plans, public-private partnerships are a nonconventional funding method that may help address aging infrastructure, say Peter Hutcheon and John Lushis at Norris McLaughlin.
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New Constitution In Chile Would Affect Infrastructure Projects
If Chile's new draft constitution is approved in next week's referendum, it will significantly alter the state's role in the economy — so investors in infrastructure projects must prepare for the possibility of heighted environmental protections and more state control of natural resources, say Craig Miles and Vanessa Alarcon Duvanel at King & Spalding.