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Commercial

  • September 09, 2025

    Net Lease REIT Pays $70M For Inpatient Rehab Properties

    Sila Realty Trust Inc. purchased two "newly built and highly utilized" inpatient rehabilitation properties separately located in Peoria, Arizona, and Plano, Texas, for $70.3 million, the net lease real estate investment trust announced Monday.

  • September 09, 2025

    Ex-Camping Biz, Hyatt Atty Joins Concord Hospitality As GC

    Concord Hospitality Enterprises has found its new general counsel in an in-house leader who previously worked at Camping World Holdings Inc. and Hyatt Hotels Corp.

  • September 09, 2025

    NY Pot Regulator Says Lawmakers Must Fix Proximity Issue

    The head of New York's cannabis regulatory agency said Tuesday that only the state Legislature could cure a recent destabilizing shift in regulatory interpretation that threatens to upend more than a hundred marijuana businesses.

  • September 09, 2025

    Investment Firm Buys 53-Asset Net Lease Portfolio For $640M

    New Mountain Capital LLC paid $640 million to acquire a portfolio of 53 net lease assets located across 16 U.S. states, as well as the U.K., Canada and Germany, the alternative investment firm announced Tuesday.

  • September 09, 2025

    Bowling And Eatery Chain Pinstripes Hits Ch. 11 Seeking Sale

    Illinois-based bowling and restaurant chain Pinstripes has filed for Chapter 11 protection in Delaware bankruptcy court with more than $143 million in debt and plans to seek a going concern sale.

  • September 08, 2025

    Texas Data Center Campus Developer Files For IPO

    Former U.S. energy secretary Rick Perry's Fermi America filed for an initial public offering Monday, guided by Haynes and Boone LLP and Vinson & Elkins LLP.

  • September 08, 2025

    Universities Put To The Test In 6 Higher Ed Property Conflicts

    New York University's challenge to a recent rezoning, Chapter 11 proceedings for a student housing owner serving the University of California, and an Illinois university's refusal to hand over property to a local municipality are among the cases vexing higher education parties and their partners.

  • September 08, 2025

    Walker & Dunlop Lines Up $68M Skilled Nursing Loans Deal

    Walker & Dunlop Inc. arranged more than $68 million worth of refinancing loans, which are insured by the U.S. Department of Housing and Urban Development, for seven skilled nursing properties in Illinois and Wisconsin, the commercial real estate financing company announced Monday.

  • September 08, 2025

    No Mulligans: Budget Woes Close More University Links

    The University of Minnesota is the latest higher education institution to announce a golf course sale or closure as colleges and universities increasingly look to realize proceeds from underused assets amid mounting financial pressures and dwindling enrollments.

  • September 08, 2025

    Cos. Land $159M Financing For NYC Medical Office Project

    Slate Property Group and Evenhar Development Corp. obtained $159 million worth of financing for their 13-story New York City medical office and community center project in Manhattan's Carnegie Hill and East Harlem neighborhoods, the companies announced Monday.

  • September 08, 2025

    2 Firms Steer $540M IPO For Oilfield Water Infrastructure Co.

    Houston, Texas-based oilfield water management company WaterBridge Infrastructure said Monday that it is seeking to raise up to $540 million in an initial public offering guided by Latham & Watkins LLP and Gibson Dunn & Crutcher LLP.

  • September 08, 2025

    NYC Real Estate Week In Review

    Frenkel Hershkowitz, Belkin Burden and Miller Leiby are among the law firms that helped with the largest New York City real estate deals that became public last week, with a $105 million Manhattan matter topping the list.

  • September 08, 2025

    New Orleans' Short-Term Rental Crackdown Largely Upheld

    A Louisiana federal judge mostly sided with New Orleans in a lawsuit filed by Airbnb Inc. and multiple property owners challenging the city's 2023 and 2024 short-term rental restrictions, tossing most of the plaintiffs' 11-count suit.

  • September 08, 2025

    9th Circ. Denies CoStar's Bid To Rehear Antitrust Ruling

    A Ninth Circuit panel rejected a call to revisit the court's June decision reviving claims alleging that real estate information service CoStar monopolizes several commercial real estate listing markets through exclusive deals with brokers and technological barriers for competitors.

  • September 08, 2025

    Former Skadden Atty Moves Tax Practice To Simpson Thacher

    Simpson Thacher & Bartlett LLP has deepened its transactional resources in the New York office with the recent addition of an attorney who moved his practice from Skadden Arps Slate Meagher & Flom LLP after 15 years.

  • September 08, 2025

    Morris Manning RE Atty Joins Maynard Nexsen In Atlanta

    Maynard Nexsen PC announced Monday that an experienced real estate attorney had joined the firm from Morris Manning & Martin LLP as a shareholder based in Atlanta.

  • September 08, 2025

    Idaho Developer Looks To Defend $2B Gold Mine Project

    The developer of a proposed $2 billion Idaho gold mine wants to intervene in a tribe's challenge that looks to block the project, saying it has already invested more than $400 million in the endeavor and has an interest in developing and moving the effort forward without delay.

  • September 08, 2025

    Orrick To Open In Charlotte As Cadwalader Partners Join Firm

    Orrick Herrington & Sutcliffe LLP will open an office in Charlotte, North Carolina, as a part of a larger group of eight partners focused on collateralized loan obligations joining the firm from Cadwalader Wickersham & Taft LLP in the U.S. and U.K., Law360 Pulse has learned.

  • September 08, 2025

    REIT Nets $200M Debt Deal For Solar Energy Projects

    Solar and battery storage-focused real estate investment trust SolaREIT got a $200 million debt commitment from global asset manager SLC Management in order to provide land financing for U.S. developers of solar and battery energy storage systems, the REIT announced Monday.

  • September 08, 2025

    Steptoe & Johnson Adds Olympus Energy Atty In Pittsburgh

    Steptoe & Johnson PLLC has grown its Pittsburgh office with the addition of a senior counsel from oil and natural gas company Olympus Energy LLC.

  • September 08, 2025

    Greater Boston Life Science Vacancies Rising, Cushman Says

    The vacancies of Greater Boston life science properties hit "a new record high" by reaching 33.9% by mid-2025, according to a Cushman & Wakefield report.

  • September 08, 2025

    Morgan Stanley Raises $900M For Japan Real Estate Fund

    Morgan Stanley's real estate investment arm said Monday that it has raised $900 million for a new fund to invest in Tokyo, Osaka and other major markets in Japan based on trends such as high return-to-office rates and growth in office employment.

  • September 05, 2025

    Whoopi Goldberg Battles Ex-NJ Mayor Over Cannabis Store

    A former Garden State mayor is asking a New Jersey state judge to dismiss a counterclaim from Whoopi Goldberg's cannabis company, WhoopFam NJ LLC, in a dispute over a failed effort to open a recreational marijuana retail store.

  • September 05, 2025

    Lincoln Property Buys Old San Diego Newspaper Office Site

    Dallas-based Lincoln Property Company said it has acquired a two-building, 350,000-square-foot office campus that was once home to the San Diego Union-Tribune newspaper.

  • September 05, 2025

    Mo. House Resolution Seeks Vote On Narrowed Property Tax

    Missouri would ask voters to decide if the state should amend its constitution to designate real property as the only property classified for property tax purposes under a joint resolution filed in the state House of Representatives and submitted to a special legislative committee Friday.

Expert Analysis

  • Impact Of Corporate Transparency Act Ambiguity On Banks

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    Even though banks generally needn't file beneficial ownership information reports, financial institutions must continue to monitor the status of the Corporate Transparency Act and understand its requirements in case the nationwide injunction that was issued against the CTA earlier this month is overturned, say attorneys at Armstrong Teasdale.

  • Green Projects Face States' Foreign Land Ownership Limits

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    As states impose restrictions and disclosure requirements around foreign investment in agricultural land — in some cases piggybacking on existing federal rules — renewable energy developers and investors must pay close attention to how the rules vary, says Daniel Fanning at Husch Blackwell.

  • How Landlords Can Navigate Cannabis-Related Leases

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    As the cannabis industry continues to rapidly grow, landlords should consider a variety of lease terms and operational details that may help mitigate uncertainty involving federal laws, zoning restrictions and tax implications, says Kyla Baker at Holland & Knight.

  • Lights, Camera, Real Estate: Preparing For Film Facility M&A

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    As the entertainment industry struggles to recover from multiple strikes and a decline in production, certain aspects of selling or acquiring production facilities may become important to consider, as these assets are valued very differently from typical commercial real estate properties, say attorneys at Olshan Frome.

  • Corporate Liability Issues To Watch In High Court TM Case

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    The U.S. Supreme Court will hear arguments in a trademark dispute between Dewberry Group and Dewberry Engineers next week, presenting an opportunity for the court to drastically alter the fundamental approach to piercing the corporate veil, or adopt a more limited approach and preserve existing norms, say attorneys at Bracewell.

  • Plugging Gov't Leaks Is Challenging, But Not A Pipe Dream

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    As shown by ongoing legal battles involving New York City Mayor Eric Adams and Sean “Diddy” Combs, it’s challenging for defendants to obtain relief when they believe the government leaked sensitive information to the media, but defense counsel can take certain steps to mitigate the harm, says Kenneth Notter at MoloLamken.

  • A Legal Perspective On NYC's Retail Real Estate Evolution

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    As New York City's retail market begins to show signs of resilience after the challenges of recent years, landlords must be cognizant of legal implications from shifting trends toward shorter-term leases and pop-up stores, says Andrea Gendel at Pryor Cashman.

  • What Interest Rate Cuts Mean For Housing Markets

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    The Federal Reserve's recent reduction of interest rates may provide limited immediate relief for real estate sectors, but offers potential opportunities for commercial real estate investors and construction firms, which now face an environment ripe for new projects, say attorneys at Cozen O'Connor.

  • How CFIUS' Updated Framework Affects Global Investors

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    The recent change to the monitoring and enforcement regulations governing the Committee on Foreign Investment in the United States will broaden administrative practices around nonnotified transaction investigations, increase the scope of information demands from the committee and accelerate its ability to impose mitigation on parties, say attorneys at Simpson Thacher.

  • Foreclosing Lenders Still Floating In Murky Legal Waters In NY

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    The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.

  • NYC Hotel Licensing Law's Costs May Outweigh Its Benefits

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    A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.

  • Calif. Ruling Offers Hope For Mitigated Negative Declarations

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    In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds — a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.

  • There's No Crying In Property Valuation Baseball Arbitration

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    The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes — in which each side offers competing valuations to an arbitrator, who must select one — is often ideal for resolving property valuation disputes, say Sean O’Donnell at Herrick Feinstein and Mark Dunec at FTI Consulting.