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Commercial

  • 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 Sept. 8.

  • 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.

  • September 05, 2025

    Fla. Judge Sets Aside $30M Helms-Burton Verdict

    A Florida federal judge on Friday set aside a $29.85 million verdict against Expedia, Orbitz and Hotels.com over Helms-Burton Act violations, finding that the entities stopped trafficking in properties confiscated by the Cuban government once they learned of a potential claim by an heir.

  • September 05, 2025

    Real Estate Atty Joins Burr & Forman From Morris Manning

    Burr & Forman LLP has announced that an experienced real estate attorney has come aboard the firm's Atlanta office as a partner after over two decades with Morris Manning & Martin LLP, which is set to merge with Taft Stettinius & Hollister LLP at the end of the year.

  • September 05, 2025

    4 Firms Guide Hangar Developer's $200M Facility

    Four firms advised JPMorgan Chase Bank NA's聽$200 million tax-exempt warehouse drawdown committed bank facility provided to Sky Harbour Group Corp., which the aviation infrastructure company said Friday will finance its next round of projects.

  • September 05, 2025

    Greenberg Traurig Guides Student Housing Co.'s US Growth

    Student housing provider Yugo has acquired student housing property manager and real estate investment manager Campus Advantage in a deal guided by Greenberg Traurig LLP, Yugo announced this week.

  • September 04, 2025

    7th Circ. Mulls Ex-Cushman & Wakefield GC's Defamation Row

    A Seventh Circuit panel on Thursday asked an attorney for Cushman & Wakefield's former general counsel, who has alleged a Law.com article about his departure was defamatory, if there was any reasonable interpretation of the story other than his claim that it linked his termination with his handling of the firm's involvement in an investigation into President Donald Trump.

  • September 04, 2025

    Yale Hospital's Info Request Upheld In $435M Property Suit

    Three third-party hospital real estate holding companies and their corporate parent cannot challenge a decision requiring them to give records to Yale New Haven Health Services Corp. for its $435 million asset sale dispute with bankrupt Prospect Medical Holdings Inc., a Connecticut appeals court has ruled.

  • September 04, 2025

    Ulta Sues To Exit Namdar-Owned Connecticut Mall

    Beauty retailer Ulta has filed suit against the operator of a mall in Trumbull, Connecticut, saying its 10-year lease should be terminated after a failure of the heating, ventilating and air-conditioning聽system has forced the outlet to close for two months and counting.

Expert Analysis

  • Avoid Getting Burned By Agencies' Solar Financing Spotlight

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    Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.

  • Co-Tenancy Clause Pointers For Shopping Center Landlords

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    Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at聽Cox Castle.

  • Assessing Algorithmic Versus Generative AI Pricing Tools

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    A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.

  • Navigating A Potpourri Of Possible Transparency Act Pitfalls

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    Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.

  • Keys To Successful Commercial Property Insurance Claims

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    While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.

  • Tips For Handling Single Asset Real Estate Bankruptcy Cases

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    Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset real estate debtor Chapter 11 cases, which generally arise when a debtor is forced to file for relief to stop an impending foreclosure sale.

  • Increased Scrutiny Raises Int'l Real Estate Transaction Risks

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    Recently proposed regulations expanding the Committee on Foreign Investment in the United States' oversight, a White House divestment order and state-level legislative efforts signal increasing scrutiny of real estate transactions that may trigger national security concerns, say Luciano Racco and Aleksis Fern谩ndez Caballero at Foley Hoag.

  • Portland's Gross Receipts Tax Oversteps City's Authority

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    Recent measures by Portland, Oregon, that expand the voter-approved scope of the Clean Energy Surcharge on certain retail sales eviscerate the common meaning of the word "retail" and exceed the city's chartered authority to levy tax, say Nikki Dobay at Greenberg Traurig and Jeff Newgard at Peak Policy.

  • Proposed Law Would Harm NYC Hospitality Industry

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    A recently proposed New York City Law that would update hotel licensing and staff coverage requirements could give the city commissioner and unions undue control over the city's hospitality industry, and harm smaller hotels that cannot afford full-time employees, says Stuart Saft at Holland & Knight.

  • Class Actions At The Circuit Courts: August Lessons

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    In this month's review of class action appeals, Mitchell Engel at Shook Hardy considers certification cases touching on classwide evidence of injury from debt collection practices, defining coupon settlements under the Class Action Fairness Act, proper approaches for evaluating attorney fee awards in class action settlements, and more.

  • Brownfield Questions Surround IRS Tax Credit Bonus

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    Though the IRS has published guidance regarding the Inflation Reduction Act's 10% adder for tax credits generated by renewable energy projects constructed on brownfield sites, considerable guesswork remains as potential implications seem contrary to IRS intentions, say Megan Caldwell and Jon Micah Goeller at Husch Blackwell.

  • DOJ Paths To Limit FARA Fallout From Wynn's DC Circ. Win

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    After the D.C. Circuit鈥檚 recent Attorney General v. Wynn ruling, holding that the government cannot compel retroactive registration under the Foreign Agents Registration Act, the U.S. Department of Justice has a few options to limit the decision鈥檚 impact on enforcement, say attorneys at MoFo.

  • Shipping Containers As Building Elements Require Diligence

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    With the shipping container market projected to double between 2020 and 2028, repurposing containers as storage units, office spaces and housing may become more common, but developers must make sure they comply with requirements that can vary by intended use and location, says Steven Otto at Crosbie Gliner.