sa¹ú¼Ê´«Ă½

Commercial

  • September 17, 2025

    Spencer Fane Adds Corporate, RE Attys In The Midwest

    Spencer Fane LLP announced the addition of two new attorneys in the Midwest this week — a partner joining its corporate and business transactions group and a counsel joining its real estate group.

  • September 17, 2025

    Del. High Court Probes Reviving Gellert Seitz Malpractice Case

    A Delaware justice took aim at an argument she seemed to suggest wasn't fleshed out enough in appellate filings as a homebuilder's attorney urged the state Supreme Court on Wednesday to undo Gellert Seitz Busenkell & Brown LLC's win in a legal malpractice case.

  • September 17, 2025

    5 Firms Ink $520M Financing For Tampa Hotel, Resi Project

    Five firms guided a $290 million commercial-property assessed clean energy financing and a $230 million senior loan for Two Roads Development's construction of a mixed-use hotel and residential project underway in Tampa, Florida.

  • September 17, 2025

    Eli Lilly Plans $5B Va. Factory, With More US Plants To Follow

    Eli Lilly and Co. announced this week it is planning a $5 billion manufacturing facility near Richmond, Virginia — the first in a series of multibillion-dollar manufacturing plants the drugmaker expects to build in the U.S. over the next five years.

  • September 17, 2025

    San Francisco Comes Up For Air

    A few years ago, many in the real estate world said San Francisco was doomed, but thanks to the artificial intelligence boom and the city's shift toward more business-friendly politics, investors are betting on the Bay Area hub yet again.

  • September 17, 2025

    South Florida Cities Nearing Full Return-To-Office Recovery

    South Florida's West Palm Beach and Miami appear to be running ahead of the pack in the "return to office" race to recover to pre-COVID levels, even outpacing a resurgent Manhattan market, according to recently released data.

  • September 17, 2025

    Polsinelli Hires Thompson Coburn Real Estate Atty In Chicago

    A real estate transactional attorney who spent the majority of his legal career, including as a summer associate, at Thompson Coburn LLP has moved to Polsinelli PC's Chicago office, the firm has announced.

  • September 17, 2025

    These Banks Hold The Most Construction Debt On The Books

    Eleven U.S. banks had more than $5 billion in construction debt on their books at the end of the year's first half, and one institution among the group is much more heavily weighted toward construction debt than the other 10.

  • September 17, 2025

    Yale Health System Settles $435M Hospital Sale Suit

    Yale New Haven Health Services Corp., Connecticut's largest hospital system, has reached a settlement in principle with bankrupt Prospect Medical Holdings Inc. that would resolve a $435 million contract dispute over the sale of several hospitals in the state.

  • September 17, 2025

    Skadden, Latham Guide $1.6B Paramount Real Estate Deal

    Real estate investment trust Paramount Group will be sold to asset manager Rithm Capital Corp. for about $1.6 billion, with Skadden Arps Slate Meagher & Flom LLP advising Rithm and Latham & Watkins LLP representing Paramount, the companies said Wednesday. 

  • September 16, 2025

    4th Circ. Revives RICO Claims On Amazon Project Kickbacks

    The Fourth Circuit in a published decision Tuesday revived racketeering and other claims from Amazon.com Inc. after two former employees, a real estate developer and an attorney operated a kickback scheme as the company spent hundreds of millions of dollars on a set of data center projects in northern Virginia.

  • September 16, 2025

    'Incurably Premature': Suit Over Alleged EB-5 Rule Tossed

    A Seattle federal judge on Monday tossed an immigrant investor's lawsuit challenging an allegedly arbitrary action that resulted in U.S. Citizenship and Immigration Services revoking her visa petition, saying she could not sue since she did not first exhaust administrative remedies.

  • September 16, 2025

    Casino Giant Urges Fla. Court To Toss Bahamas Fraud Suit

    U.S.-based casino operator Genting Americas Inc. has urged a Florida federal court to dismiss a lawsuit alleging that it used a resort in the Bahamas to obscure fraudulent activities, saying the suing real estate company failed to deliver a proper amended derivative complaint ordered by a judge. 

  • September 16, 2025

    Office, Multifamily Deals Thrive In Calif. Bay Area AI Boom

    Office buildings and apartments were the hottest properties to trade hands in the San Francisco Bay Area during the first half of 2025, amid the region's office market rebound as an influx of artificial intelligence companies pop up and claim workspace, according to a CBRE report.

  • September 16, 2025

    Mass. Tax Board Cuts Value Of Biz's Condos Based On Sales

    The assessed values of two condominium units in Massachusetts were reduced by the state Appellate Tax Board in a decision released Tuesday, after the board found that both were overvalued when compared with similar properties.

  • September 16, 2025

    ABB Ups US Spend By $110M, Citing Data Center Demand

    Swiss electric engineering company ABB said Tuesday that it is planning to create nearly 200 jobs by investing $110 million at facilities in Mississippi, Virginia, Puerto Rico and North Carolina.

  • September 16, 2025

    Macquarie Lines Up $350M For Solar, Battery Storage Projects

    Macquarie Asset Management arranged $350 million worth of financing to fund Nexamp Inc.'s "utility-scale solar and battery storage projects," the asset management company announced Tuesday.

  • September 16, 2025

    Ashford Hospitality Trust Nabs $218M Refi For Nashville Hotel

    Ashford Hospitality Trust announced Monday that the hospitality real estate investment trust secured a $218.1 million refinancing as well as a $53 million preferred equity investment for a 673-room hotel in Nashville, Tennessee.

  • September 15, 2025

    No New Deals In $100M Commercial Bribery Case, NY DA Says

    Prosecutors told a New York state judge Monday that there would be no plea deals for the men accused of orchestrating a $100 million corporate bribery and kickback scheme and that they were headed for trial in January, prompting defense attorneys to cry foul.

  • September 15, 2025

    Ch. 11 Debtors Sue CVS Over Owed Rent, Ownership Dispute

    A group of debtors has claimed that CVS Caremark Corp. and its entities are withholding more than $7 million in rent because a "serial litigant" wrongfully alleged that he owns both the properties that CVS rented and the original property-owner companies.

  • September 15, 2025

    CIM Provides $73.5M To Hotels In New Orleans And Pa.

    Real estate and infrastructure owner CIM Group said Monday that its real estate debt arm provided a total of $73.5 million to acquire and renovate a hotel in New Orleans and to refinance a Pennsylvania hotel.

  • September 15, 2025

    Barings, Aareal Partner On $303M University Hotel Refi

    Real estate investment manager Barings said Monday that it worked with Aareal Capital Corp. to provide $303 million in refinancing to an affiliate of investor AJ Capital Partners on a package of seven hotels in university-anchored markets.

  • September 15, 2025

    Ford Battery Factory Challenge Reignited By Mich. Justices

    The Michigan Supreme Court has revived a challenge to Ford Motor Co.'s plans to build an electric vehicle battery plant in Calhoun County, vacating a lower appellate ruling that affirmed the case's dismissal in light of another state top court opinion over similar zoning authority issues.

  • September 15, 2025

    NYC Real Estate Week In Review

    Greenberg Traurig and Goldberg Weprin are among the law firms that picked up work on the largest New York City real estate deals that hit public records last week, with all five of the week's top deals happening in Manhattan.

  • September 15, 2025

    Ex-NFL Player Nabs Default Against Firms Tied To Adviser

    Retired NFL defensive lineman Mike Rucker and his wife won default judgment against several companies tied to their former financial adviser who is accused of mismanaging their money, after a state Business Court judge said the entities failed to respond to the Ruckers' suit alleging they enabled the adviser's fraud.

Expert Analysis

  • Opportunity Zone Revamp Could Improve The Program

    Author Photo

    If adopted, the budget bill's new iteration of the opportunity zone program could renew, refine and enhance the effectiveness and accountability of the original program by including structural reforms, expanded eligibility rules and incentives for rural investment, say attorneys at Pillsbury.

  • Review Risk Is Increasing For Foreign Real Estate Developers

    Author Photo

    Federal and state government efforts have been expanding oversight of foreign investment in U.S. real estate, necessitating careful assessment of risk and of the benefits of notifying the Committee on Foreign Investment in the United States, say attorneys at Troutman.

  • Evolving Federal Rules Pose Further Obstacles To NY LLC Act

    Author Photo

    Following the Financial Crimes Enforcement Network's recent changes to beneficial ownership information reporting under the federal Corporate Transparency Act — dramatically reducing the number of companies required to make disclosures — the utility of New York's LLC Transparency Act becomes less apparent, say attorneys at Pillsbury.

  • Negotiating Triparty Hotel Agreements To Withstand Risk

    Author Photo

    Brewing economic uncertainty in the hospitality industry underscores the importance of subordination, nondisturbance and attornment agreements, and hotel managers should tightly negotiate these agreements to ensure remedies will not disturb key rights, say attorneys at Sidley.

  • CRE Challenges Demand New Lease And Development Plans

    Author Photo

    As developers and landlords face declining occupancy of commercial, industrial and office space post-pandemic, a combination of business and lease considerations may better position stakeholders to protect the value and profitability of their commercial real estate, says Geoffrey Leskie at Segal McCambridge.

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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.