Commercial
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September 18, 2025
Texas Co. Sues Over Unpaid Work On NJ Mall Gaming Site
An Austin, Texas, company is claiming in New Jersey state court that a client is hiding behind a web of companies to avoid paying $500,000 for a job to furnish and install lighting features at an interactive gaming attraction in New Jersey's American Dream mall.
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September 18, 2025
Fla. Supreme Court Disbars Atty For Misusing Client Funds
The Florida Supreme Court on Thursday disbarred an Orlando-area attorney for misconduct, including improperly diverting funds from homebuyers he represented in real estate closings to a construction marketing entity he was affiliated with that was the seller in the transactions.
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September 18, 2025
NJ City Makes 3rd Escape From Pot Co.'s Zoning Suit
For the third time, a New Jersey federal judge has dismissed claims from a would-be cannabis dispensary alleging the city of Asbury Park and its zoning board conspired to deny its application for a medical marijuana store.
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September 18, 2025
Latham Welcomes NY Real Estate Atty From Haynes Boone
Latham & Watkins LLP has announced that it made another addition to its real estate practice, welcoming a New York-based attorney from Haynes Boone LLP.
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September 18, 2025
DC Council OKs $3B Stadium Deal With Tax Abatements
Washington, D.C., would bring professional football back to the Robert F. Kennedy Stadium site under legislation passed by the city council including bond authorization, tax exemptions and commitments for mixed-use development around the site.
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September 18, 2025
JLL REIT Acquires Raleigh Industrial Park For $190M
A JLL real estate investment trust said it has paid $190 million to acquire a Class A industrial park that's part of a biomanufacturing hub near Raleigh, North Carolina.
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September 18, 2025
Fox Rothschild Hires Rosenberg Atty As Real Estate Partner
Fox Rothschild LLP has hired a former Rosenberg & Estis PC counsel as its new real estate department partner in its New York City office, the firm announced.
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September 18, 2025
REIT Pays $205M For Beverly Hills Office Campus
Kilroy Realty Corp. paid $205 million for a 293,000-square-foot Class A office campus in Beverly Hills, California, the real estate investment trust announced September 18.
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September 17, 2025
Real Estate Pros React To Federal Interest Rate Cut
The Federal Reserve's long-awaited announcement Wednesday that it is cutting its benchmark interest rate by 0.25% drew measured reactions from real estate attorneys and professionals, who said the move definitely provides reason for optimism but had already largely been factored into markets and does not represent the major step some sought.
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September 17, 2025
3rd Circ. Urged To Revive NJ Casino Antitrust Pricing Suit
Algorithmic collusion by Atlantic City casino hotels, as alleged by their customers, poses a grave threat to consumers as the hotels use software to get around a century's worth of antitrust precedent, an attorney for the American Antitrust Institute told the Third Circuit on Wednesday, urging the court to revive an antitrust suit.
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September 17, 2025
REIT Attys Say New Guidelines Improve On 'Patchwork'
State securities regulators at their annual confab in Arizona this month approved changes to their guidance for states reviewing securities issued by public nonlisted real estate investment trusts. Attorneys advising REITs said a uniform standard is better than the current system, even if REITs would prefer no concentration limits.
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September 17, 2025
Partners Barred From Fighting Deal In $54M Easement Suit
Dozens of investment partners were barred from challenging a settlement with the IRS over their disputed $54 million conservation easement deduction under a U.S. Tax Court ruling Wednesday that found they waited until the last minute and didn't show why they should be allowed to participate in proceedings.
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September 17, 2025
Judge Won't Let Denver Slip Suit Over Bans On Gas Appliances
A Colorado federal judge partially granted environmentalist group Sierra Club's bid to dismiss a suit filed by a coalition of industry trade groups suing Denver over the city's restrictions on certain natural gas appliances.
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September 17, 2025
Latham Guides Infrastructure Investor's Inaugural $1B Fund
Investment firm GreenPoint, advised by Latham & Watkins LLP, said Wednesday it has closed its inaugural fund at $1 billion and plans to invest in sectors that are "undergoing technology driven transformation," such as digital infrastructure, energy and logistics.
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September 17, 2025
Nelson Mullins Hires Freddie Mac Alumnus For RE Practice
Nelson Mullins Riley & Scarborough LLP announced Wednesday that the firm has added a commercial real estate expert from Freddie Mac's multifamily division to the firm's real estate capital markets practice.
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September 17, 2025
WaterBridge Reaches $634M IPO Pricing, Guided By 2 Firms
WaterBridge Infrastructure said it priced an upsized $634 million initial public offering at the top of its range when the company began trading Wednesday with advice by Latham & Watkins LLP and Gibson Dunn & Crutcher LLP.
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September 17, 2025
Times Square And Hudson Yards Casino Plans Go Bust
Two proposals for casinos in Manhattan failed to advance in the process to obtain a full gaming license in New York City, leaving six proposals to vie for three downstate casino licenses.
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September 17, 2025
Calif. Residents Look To Block Tribe's Recognition, Casino
A group of residents and a nonprofit are seeking an expedited order that would block a decision by the Interior Department to give federal recognition to California's Ione Band of Miwok Indians, arguing the federal government is delaying the case to make sure construction of the tribe's casino is completed.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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.