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Commercial

  • September 16, 2025

    Office, Multifamily Deals Thrive In Calif. Bay Area AI Boom

    Office buildings and apartments were the hottest properties to trade hands in the San Francisco Bay Area during the first half of 2025, amid the region's office market rebound as an influx of artificial intelligence companies pop up and claim workspace, according to a CBRE report.

  • September 16, 2025

    Mass. Tax Board Cuts Value Of Biz's Condos Based On Sales

    The assessed values of two condominium units in Massachusetts were reduced by the state Appellate Tax Board in a decision released Tuesday, after the board found that both were overvalued when compared with similar properties.

  • September 16, 2025

    ABB Ups US Spend By $110M, Citing Data Center Demand

    Swiss electric engineering company ABB said Tuesday that it is planning to create nearly 200 jobs by investing $110 million at facilities in Mississippi, Virginia, Puerto Rico and North Carolina.

  • September 16, 2025

    Macquarie Lines Up $350M For Solar, Battery Storage Projects

    Macquarie Asset Management arranged $350 million worth of financing to fund Nexamp Inc.'s "utility-scale solar and battery storage projects," the asset management company announced Tuesday.

  • September 16, 2025

    Ashford Hospitality Trust Nabs $218M Refi For Nashville Hotel

    Ashford Hospitality Trust announced Monday that the hospitality real estate investment trust secured a $218.1 million refinancing as well as a $53 million preferred equity investment for a 673-room hotel in Nashville, Tennessee.

  • September 15, 2025

    No New Deals In $100M Commercial Bribery Case, NY DA Says

    Prosecutors told a New York state judge Monday that there would be no plea deals for the men accused of orchestrating a $100 million corporate bribery and kickback scheme and that they were headed for trial in January, prompting defense attorneys to cry foul.

  • September 15, 2025

    Ch. 11 Debtors Sue CVS Over Owed Rent, Ownership Dispute

    A group of debtors has claimed that CVS Caremark Corp. and its entities are withholding more than $7 million in rent because a "serial litigant" wrongfully alleged that he owns both the properties that CVS rented and the original property-owner companies.

  • September 15, 2025

    CIM Provides $73.5M To Hotels In New Orleans And Pa.

    Real estate and infrastructure owner CIM Group said Monday that its real estate debt arm provided a total of $73.5 million to acquire and renovate a hotel in New Orleans and to refinance a Pennsylvania hotel.

  • September 15, 2025

    Barings, Aareal Partner On $303M University Hotel Refi

    Real estate investment manager Barings said Monday that it worked with Aareal Capital Corp. to provide $303 million in refinancing to an affiliate of investor AJ Capital Partners on a package of seven hotels in university-anchored markets.

  • September 15, 2025

    Ford Battery Factory Challenge Reignited By Mich. Justices

    The Michigan Supreme Court has revived a challenge to Ford Motor Co.'s plans to build an electric vehicle battery plant in Calhoun County, vacating a lower appellate ruling that affirmed the case's dismissal in light of another state top court opinion over similar zoning authority issues.

  • September 15, 2025

    NYC Real Estate Week In Review

    Greenberg Traurig and Goldberg Weprin are among the law firms that picked up work on the largest New York City real estate deals that hit public records last week, with all five of the week's top deals happening in Manhattan.

  • September 15, 2025

    Ex-NFL Player Nabs Default Against Firms Tied To Adviser

    Retired NFL defensive lineman Mike Rucker and his wife won default judgment against several companies tied to their former financial adviser who is accused of mismanaging their money, after a state Business Court judge said the entities failed to respond to the Ruckers' suit alleging they enabled the adviser's fraud.

  • September 15, 2025

    Ohio Says Browns' Stadium Suit Is Moot After Law Change

    The state of Ohio told a federal court a Cleveland Browns lawsuit accusing the city of thwarting its move to a suburb is now moot because the state has altered the law at the center of the debate and allocated $600 million from the state budget for its relocation.

  • September 15, 2025

    NJ Multifamily Building Nabs $220M Bridge Loan

    Developer Namdar Group borrowed a $220 million bridge loan from real estate lender TYKO Capital to refinance Namdar's 576-unit, 27-story mixed-use Jersey City, New Jersey, multifamily property, commercial real estate finance services company Walker & Dunlop Inc. announced Monday.

  • September 12, 2025

    Higher Ed Real Estate: A Back To School Special

    As colleges and universities face mounting financial pressures and enrollment challenges, their real estate strategies are evolving. From legal battles over property disputes to creative approaches for monetizing underutilized assets, Law360 Real Estate Authority offers a window into real estate concerns in the higher education sector.

  • September 12, 2025

    Receiver Wants To Sell Calif. Property With Illegal Ex-Pot Shop

    A court-appointed receiver asked a California state court to approve the sale of a two-story Compton commercial building that used to have an illegal cannabis dispensary.

  • September 12, 2025

    Supply Constraints A Boon To Industrial Outdoor Storage

    Industrial outdoor storage has emerged as a peak performer amid the larger industrial real estate segment thanks to supply constraints on the asset class, with the segment showing limited industrialization to date, per a Newmark report.

  • September 12, 2025

    US Self-Storage Properties Dropping In Value, Cushman Says

    The value of U.S. self-storage properties has declined for six quarters straight, decreasing from $174 per square foot in the first quarter of 2023 to $159 per square foot in this year's second quarter, according to a Cushman & Wakefield report covering the first half of 2025.

  • September 12, 2025

    Activist Investor Pressures Lodging REIT To Sell Or Liquidate

    Hospitality real estate investment trust Sunstone Hotel Investors faced a call on Friday from one of its largest shareholders to sell or liquidate, with the shareholder saying "it is now time to realize the value of Sunstone's portfolio" following a significant stock-price decline, amid other pressures.

  • September 12, 2025

    New House Bill Would Boost Infrastructure Protections

    A Democratic congressman and two other lawmakers are headlining a bipartisan House bill that aims to bolster both critical infrastructure protections and the authority of the federal government's Committee on Foreign Investment in the United States when it comes to probing and blocking real estate deals that could endanger the properties.

  • September 12, 2025

    Public Money Still Makes Or Breaks Stadium, Arena Deals

    The number of pro sports franchise owners committing large amounts of their own money or private funds to build their stadiums and arenas continues to grow — and yet, legal experts say, public money remains a high hurdle for those owners and everyone involved in such negotiations to clear before those facilities open.

  • September 11, 2025

    Bankrupt $300M Fla. Project Gets Nod On DIP Loan

    A Florida bankruptcy judge on Thursday signed off on a $1.75 million debtor-in-possession loan and approved a chief restructuring officer for the debtors of a $300 million real estate development to buy time for the parties to work out a deal to exit bankruptcy.

  • September 11, 2025

    Lloyd's Fossil Fuel Reversal Strikes Experts As Political

    Lloyd's of London's recent move to relax coverage restrictions for certain fossil fuel businesses reflects a more permissive political climate for polluting industries, experts said, while advocates for sustainable investment called it bad business. 

  • September 11, 2025

    DLA Piper Adds Leveraged Finance Partner In LA

    DLA Piper has hired a former Katten Muchin Rosenman LLP attorney as a leveraged finance partner in Los Angeles, where she will also serve as leader of the firm's West Coast fund finance team.

  • September 11, 2025

    Holland & Knight Taps New RE Capital Markets Group Leader

    Holland & Knight has named partner Keith Brandofino to step in as leader of the firm's real estate capital markets group, replacing co-leads Mark Weibel and Bill O'Connor, the firm confirmed Sept. 11.

Expert Analysis

  • Contractor Remedies Amid Overhaul Of Federal Spending

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    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.

  • Contract Disputes Recap: Terminations Galore

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    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.

  • Making The Opportunity Zones Program Great At Last

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    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.

  • Investor Essentials For Buying Federally Owned Property

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    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.

  • How 2025 Is Shaping The Future Of Bank Mergers So Far

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    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.

  • Why NY May Want To Reconsider Its LLC Transparency Law

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    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.

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

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    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.

  • How GSA Lease Clauses May Affect DOGE Terminations

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    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.

  • What SDNY Judge Can And Can't Do In Adams Case

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    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.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “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.

  • Corp. Transparency Act's Future Under Treasury's Bessent

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    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.

  • Nippon Order Tests Gov't Control Over Foreign Investments

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    The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden’s January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government’s microscope, say attorneys at Blank Rome.

  • A Look At A Possible Corporate Transparency Act Exemption

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    Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.