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Commercial

  • September 10, 2025

    Fla. Judge Chides Attys Over Discovery In High-Rise Ch. 11

    A Florida federal judge on Wednesday chided attorneys over discovery deadlines in a Chapter 11 bankruptcy case involving a downtown Miami high-rise development, setting an October deadline to produce documents after requests weren't fulfilled on time. 

  • September 10, 2025

    Bowled Over: How Inflation Put Pinstripes In Ch. 11

    Pinstripes Holdings Inc., a restaurant chain offering bocce ball and bowling alongside fettuccine bolognese, was buffeted by inflation and drooping business as it poured cash into growing its fortunes before hitting Chapter 11.

  • September 10, 2025

    As CMBS Distress Spikes, Attorneys See More On Horizon

    Indicators of distress for commercial mortgage-backed securities have now blown past levels seen in the sector during the Great Recession, pitting borrowers against lenders as $150.9 billion in such loans mature this year.

  • September 10, 2025

    Blackstone Buys Miami Brickell Hotel From Trinity, Certares

    Hospitality-focused firms Trinity Investments and Certares Real Estate Management announced Wednesday that Blackstone Real Estate has bought their 352-room hotel EAST Miami.

  • September 10, 2025

    Pillsbury Leader Eyes Dawn Of Nuclear-Powered Data Centers

    Expect to see more deals connecting nuclear power to data centers in the coming years, now that a menu of options is on the market and the federal government is getting increasingly on board, said a leader in Pillsbury Winthrop Shaw Pittman LLP's energy practice.

  • September 10, 2025

    Real Estate Fundraising Shows Signs Of A Turnaround

    Real estate funds are on track to raise more capital in 2025 than they did in 2024 if the current pace of fundraising continues, though the spell of sluggishness that has afflicted the industry may not be over yet, according to a Pitchbook report on global private market fundraising.

  • September 10, 2025

    Moore & Van Allen Plans Move To New HQ In Charlotte, NC

    Moore & Van Allen PLLC has announced that the firm will be moving into a larger office space in its hometown of Charlotte, North Carolina, in 2028 following the completion of a 43-story building in the city's South End neighborhood.

  • September 10, 2025

    NJ Justices Will Weigh Eminent Domain Limits In 2 Cases

    The New Jersey Supreme Court has agreed to hear a pair of cases probing the boundaries of eminent domain powers in the state, with one case exploring if officials can exchange taken land for other property earmarked for public use in a swap with a developer.

  • September 10, 2025

    Kirkland-Led Milestone Raises $1.1B For Multifamily Deals

    The Milestone Group, advised by Kirkland & Ellis LLP, said Wednesday that it accrued $1.1 billion in its latest fund raise for investing in suburban multifamily communities, surpassing the equity vehicle's predecessor and hitting its hard cap.

  • September 10, 2025

    Ore. County Failed To Tell Biz It Lost Tax Break, Court Says

    An Oregon meat processor was justified in failing to timely appeal property assessments because it was never notified in writing by a county assessor of its exclusion from an enterprise zone tax incentive program, the state tax court ruled.

  • September 10, 2025

    SkyREM Nabs 3 Midwest Industrial Properties For $100M

    Commercial real estate firm SkyREM announced it has acquired three industrial real estate properties spanning a combined 1.4 million square feet in the Midwest, in a trio of deals worth nearly $100 million.

  • September 10, 2025

    SC Residents Ask 4th Circ. To Revive Marsh Development Suit

    A group of South Carolina residents urged the Fourth Circuit to reverse the dismissal of their suit challenging a federal plan to develop tidal marshland that's allegedly already part of a state public trust that bars development.

  • September 10, 2025

    Co. Pays $194M For Fla., NJ Industrial Property Portfolio

    Terreno Realty Corp. bought a three-property, 509,000-square-foot portfolio of industrial distribution buildings located in Doral, Florida, and Kearny, New Jersey, for $194.3 million, the industrial real estate company announced Wednesday.

  • September 10, 2025

    K&L Gates Guides $1B Special Situations Fund

    Guided by K&L Gates LLP, Cottonwood Group raised $1 billion for its opportunistic real estate fund, doubling the private equity real estate investment firm's original $500 million target, according to the law firm's Tuesday statement.

  • September 09, 2025

    Ariz. Developer, Son Get Prison For $280M Sports Park Fraud

    An Arizona developer and his son were both sentenced to prison Tuesday for deceiving investors into sinking $280 million into a Phoenix-area sports park by forging documents and inflating revenue projections for the facility, which entered bankruptcy soon after it opened.

  • September 09, 2025

    Private Fund Adviser To Pay $9.7M To End SEC Suit

    The U.S. Securities and Exchange Commission announced on Tuesday that a real estate-focused Colorado private fund adviser and his two management firms would pay $9.7 million to settle claims of defrauding investors with misrepresentations, which include concealing conflicts of interests in proposed buyout transaction requests he sent to investors.

  • September 09, 2025

    Ski Mountain Owner Points To Google Remedies Decision

    A New York ski mountain owner is citing the recent remedies decision in the Google search antitrust case as it looks to avoid selling one of its properties after the court found it violated state law by purchasing and closing a neighboring mountain ski park.

  • September 09, 2025

    Emmet Marvin Guides $127M Loan For Brooklyn Tower Project

    The Domain Cos. borrowed two loans worth more than $127 million combined from U.S. Bank for the developer's Brooklyn mixed-use, multifamily tower project, in deals guided by Emmet Marvin & Martin LLP, according to official property records filed Tuesday.

  • September 09, 2025

    Voters To Decide On Proposals To Shift NYC Land Use Power

    The New York City Board of Elections on Tuesday voted to allow a number of housing-related questions to be on the ballot in November, over objections by the New York City Council.

  • September 09, 2025

    Real Estate Lawyers On The Move

    Shartsis Friese, Bryan Cave and Addleshaw Goddard are among the law firms that have made recent real estate or construction hires.

  • September 09, 2025

    NY Appeals Tribunal Finds Property Transfers Triggered Tax

    A New York administrative law judge mischaracterized a transaction from when a property was transferred between related entities, the New York City Tax Appeals Tribunal ruled, finding the transfers were taxable.

  • September 09, 2025

    Expedia Wants $2.75M Sanction For 'Lies' In Cuba Land Suit

    A family descended from Cuban landowners and its counsel in a suit over property seized by the Cuban government should face seven-figure sanctions for knowingly bringing bogus Helms-Burton Act claims against travel company Expedia, the company has told a Delaware federal judge following its win in a jury trial.

  • September 09, 2025

    Execs Hit With 'Drastic' Sanctions In RE Platform Dispute

    A New York state court has sanctioned two directors of Fang Holdings Ltd. and their affiliates for "flagrant and blatant disregard" of discovery orders amid a shareholder derivative suit accusing them of manipulating the Chinese real estate portal to enrich themselves.

  • September 09, 2025

    Sotheby's Executive Returns To Gunster In Florida

    A former vice president and brokerage manager for Sotheby's International Realty has rejoined her former law firm Gunster in Florida to continue her practice representing high-net-worth individuals, developers and investors in residential and commercial real estate transactions.

  • September 09, 2025

    Bally's, Investar Execs Fill Resorts World Las Vegas Legal Posts

    Resorts World Las Vegas LLC has bolstered its legal team by adding the Bally's Corp. general counsel for North America as its chief legal officer and a new general counsel from Investar Bank NA.

Expert Analysis

  • 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.

  • Webuild Ruling Complicates Arb. Award Enforcement In US

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    A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.

  • How To Avoid A Costly CPA Limitation Hidden In Most Leases

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    The lease audit rights clause is a seemingly innocuous provision in most commercial real estate leases that ends up costing tenants millions of dollars each year, as they have unwittingly agreed to retain only an accountant to investigate and settle financial issues, says Jason Aster at KBA Lease Services.

  • Navigating FEMA Grant Program For Slope Fixes After Storms

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    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.

  • Smith's New Trump Indictment Is Case Study In Superseding

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    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.

  • Consider Best Legal Practices For Commissioning Public Art

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    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.

  • Applying High Court's Domestic Corruption Rulings To FCPA

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    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.

  • Climate Among Many Factors Driving Up RE Insurance Costs

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    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.

  • Bid Protest Spotlight: Debriefings, Timeliness, Documentation

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    ​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.

  • A Look At Recent Case Law On Expedited Judgment In NY

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    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.

  • Dealmaker Lessons From CFIUS' New Enforcement Webpage

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    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.

  • Reassessing Lease Provisions To Account For ESG Initiatives

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    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.