Commercial
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November 03, 2025
Mediation Directive Stalls Office Building REIT Ch. 11 Fight
A Texas bankruptcy judge instructed a troubled real estate investment trust Monday to enter mediation with a group of secured noteholders to avoid adversary litigation in the trust's Chapter 11 case for a few weeks, saying the move will save time and money in the proceedings.
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November 03, 2025
Diamondhead Trustee Gets OK For Jan. Real Estate Sale
A Delaware bankruptcy judge on Monday gave the trustee overseeing the Chapter 7 of casino developer Diamondhead Casino Corp. the go-ahead to put the vacant proposed casino site on the auction block in January.
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November 03, 2025
Investors Line Up For NYC Casinos
The race to secure one of up to three casino licenses in New York City has drawn interest not only from the developers whose projects are before the New York State Gaming Commission, but also investors looking to fund them.
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November 03, 2025
NYC Real Estate Week In Review
Kelley Drye & Warren LLP, Adler & Stachenfeld LLP and Sullivan & Cromwell LLP guided the largest New York City real estate deals made public last week, which included two office buildings on Third Avenue and a luxury condominium in an Upper West Side skyscraper.
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November 03, 2025
Georgia Real Estate Co. Names General Counsel
The Macallan Group LLC in Atlanta has named a Neel Robinson & Stafford LLC partner as its general counsel, the company announced Monday.
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October 31, 2025
Twin Peaks Lender Says Developer Defaulted On $12M Loan
A Florida franchisee group is suing a developer in state court over a $12 million loan to build two Twin Peaks restaurants in an EB-5 visa program, alleging the developer defaulted on the note and then told the IRS that it converted the loan into equity interest. Â
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October 31, 2025
Real Estate Co. CBRM Affiliates' Ch. 11s Tossed In NJ
A New Jersey bankruptcy judge agreed Friday to dismiss the Chapter 11 proceedings for entities connected to troubled real estate group CBRM Realty Inc., diffusing creditors' efforts to have the cases thrown out as bad-faith filings.
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October 31, 2025
Sagard Nabs East Bay Site Amid Industrial Push
Sagard Real Estate announced Friday that it has acquired a 260,989-square-foot industrial facility in San Leandro, California, as part of the company's recent focus on expanding its U.S. industrial portfolio.
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October 31, 2025
Sidley Guides $1.2B Refi Of Brookfield's 660 Fifth Ave. In NYC
Attorneys at Sidley Austin LLP guided a $1.2 billion refinancing of a Fifth Avenue office tower in New York City that, after a soup-to-nuts transformation, has now been fully leased.
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October 31, 2025
CREXi Can't Get CoStar's Copyright Claims Put On Hold
A California federal court refused a bid from Commercial Real Estate Exchange Inc. to pause CoStar Group Inc.'s "mass" infringement claims so they can be tried alongside CREXi's recently revived antitrust counterclaims.
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October 31, 2025
Execs Settle Real Estate Platform Dispute For $30M
Two directors of Fang Holdings Ltd. and their affiliates reached a settlement ending claims they stripped the Chinese online real estate portal operator of its value for personal gain, agreeing to a $30 million cash payment and share transfer.
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October 31, 2025
RealPage, Landlords Flag 'Fatal Deficiencies' In Antitrust Suit
Property management software company RealPage Inc. and multiple landlords are urging a New Jersey federal court to toss the state's rent price-fixing suit, arguing that the suit contains "fatal deficiencies" and that the state is relying on circumstantial evidence in its attempt to show that the defendants made anticompetitive agreements.
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October 31, 2025
Insurer Needn't Cover Conn. Property Co.'s Damage Claim
A Nationwide unit doesn't owe coverage for a property owner's claim over a burst water pipe that resulted in a sudden settling of a commercial building and made it unsafe for tenants, a Connecticut federal court ruled, finding that the policy's earth movement and settling exclusions apply.
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October 31, 2025
Office Building REIT Hits Ch. 11 In Texas With $1B+ Debt
A Massachusetts-based real estate investment trust with 124 office properties nationwide has filed for Chapter 11 protection in a Texas bankruptcy court carrying more than $1 billion in debt and an equity swap agreement with its creditors in hand.
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October 30, 2025
UCLA Sued For Plan To Move Games From Rose Bowl To SoFi
Pasadena accused UCLA of ending its agreement to host home football games at the Rose Bowl 18 years early with its plan to move to SoFi Stadium once college football season ends next month, according to a breach of contract suit lodged Oct. 30 in California state court.
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October 30, 2025
NYC Hotel Co. Owners Charged With Fraud Over Loan Scheme
Two owners of a Brooklyn hotel management company "fraudulently obtained" nearly $2 million worth of COVID-19 relief loans in a wire and bank fraud scheme that stretched from at least March 2020 to April 2022, the federal government alleged in New York federal court on Thursday.
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October 30, 2025
Despite Raid, Smoke Shop Must Give Tribe Sales Records
Retailers sued by the Cayuga Nation over unpaid taxes from allegedly operating an unsanctioned smoke shop on tribal land must still fork over daily sales records even after New York State Police seized all cannabis product, a federal judge ruled Oct. 30, following yet another heated exchange in which the entrepreneurs blamed the tribe's leader for the raid.
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October 30, 2025
NJ Panel Backs Tossing Of Fraud Suit In Industrial Lease Row
A New Jersey state appeals court on Thursday rejected a container loading company's bids for a revival of its permanently dismissed suit, which accused a landlord of leasing a poorly maintained property.
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October 30, 2025
Apollo's Bridge Investment Nets $2B For Real Estate Debt
Bridge Investment Group, an affiliate of Apollo Global Management, announced Oct. 30 it closed its latest fund for investing in commercial property debt at $2.15 billion and is planning to target deals in the residential rental and logistics sectors.
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October 30, 2025
AI Drove Growth For Data Center REITs In Q3
Demand for artificial intelligence computing infrastructure helped usher in a significant gain in bookings in the third quarter for data center real estate investment trusts Digital Realty and Equinix, executives at the companies said in earnings calls.
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October 30, 2025
Ill. Bill Seeks Credit For Small-Biz Property Tax Payments
Illinois would allow eligible small businesses to claim an income tax credit for a portion of their property tax payments under a bill introduced in the state House of Representatives.
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October 30, 2025
Norton Rose To Take More Space In Namesake Houston Tower
Norton Rose Fulbright is planning to take an additional floor in the downtown Houston office tower that bears the firm's name just over a year after moving its headquarters into a seven-floor space in the building.
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October 29, 2025
Ex-Chicago Alderman's Aide Pleads Guilty In Bribery Case
The chief of staff to former Chicago City council member Carrie Austin admitted Wednesday he misappropriated Supplemental Nutrition Assistance Program funds in a criminal case that also accused him and Austin of accepting benefits from contractors seeking city assistance for a development project in her ward.
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October 29, 2025
Examining Why Florida Has Not Joined Data Center Boom
While Florida has been running ahead of the curve in real estate development across many sectors, from residential to office to industrial, the Sunshine State has not yet caught the train of hyperscale data center construction charging across the country.
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October 29, 2025
The Rise Of The SCIFs
While the office market has struggled to regain its footing in recent years, those that are purpose-built to house secure government information have continued to enjoy high demand. Federal SCIF standards are undergoing their first major update in 15 years, which could prove challenging for the secure facilities and those who advise on them.
Expert Analysis
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Navigating FEMA Grant Program For Slope Fixes After Storms
In the aftermath of Hurricanes Helene and Milton, it is critical for governments, businesses and individuals to understand the legal requirements of the Federal Emergency Management Agency's grant programs to obtain funding for crucial repairs — including restoration of damaged infrastructure caused by landslides and slope failures, says Charles Schexnaildre at Baker Donelson.
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Smith's New Trump Indictment Is Case Study In Superseding
Special counsel Jack Smith’s recently revised Jan. 6 charges against former President Donald Trump provide lessons for prosecutors on how to effectively draft superseding indictments in order to buttress or streamline their case, as necessary, says Jessica Roth at Cardozo Law School.
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Consider Best Legal Practices For Commissioning Public Art
Commissioning public art for real estate projects can provide many benefits to real estate developers and the public, but it's important to understand the unique legal and contracting aspects of the process to ensure that projects are completed on time and on budget, says Sarah Conley Odenkirk at ArtConverge.
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Applying High Court's Domestic Corruption Rulings To FCPA
After the U.S. Supreme Court narrowed the domestic corruption statutes in three decisions over the past year and a half, it’s worth evaluating whether these rulings may have an impact on Foreign Corrupt Practices Act enforcement, and if attorneys can use the court’s reasoning in international bribery cases, says James Koukios at MoFo.
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Climate Among Many Factors Driving Up RE Insurance Costs
A proactive approach to risk management may determine the viability of the U.S. commercial real estate sector as weather crises and other factors drive insurance costs higher, says Ulrick Matsunaga at Crosbie Gliner.
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Bid Protest Spotlight: Debriefings, Timeliness, Documentation
​James Tucker at MoFo examines three recent decisions from the Federal Circuit, the U.S. Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.
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A Look At Recent Case Law On Expedited Judgment In NY
A number of recent New York state court decisions clarify and refine the contours surrounding Civil Practice Law and Rule 3213, providing landlords, lenders and other payees guidance on how to seek accelerated judgment in certain litigation, says Alexander Lycoyannis at Holland & Knight.
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Dealmaker Lessons From CFIUS' New Enforcement Webpage
The Committee on Foreign Investment in the United States’ recently launched webpage, which details the actions — and inactions — that led to enforcement activity, provides important insights for dealmakers about filing requirements, mitigation commitments and the cost of noncompliance, say attorneys at Dechert.
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Reassessing Lease Provisions To Account For ESG Initiatives
As companies seek to build ESG considerations into their businesses, it's crucial to understand how such initiatives can quickly become significant enough to compel reassessment of lease agreement provisions, and how best to modify leases accordingly, say Julian Freeman and Gabe Pitassi at Cox Castle.
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Avoid Getting Burned By Agencies' Solar Financing Spotlight
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.
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Co-Tenancy Clause Pointers For Shopping Center Landlords
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 Cox Castle.
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Assessing Algorithmic Versus Generative AI Pricing Tools
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.
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Navigating A Potpourri Of Possible Transparency Act Pitfalls
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.