Commercial
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September 11, 2025
NY Cannabis Regulators Back Hold On Proximity Rule
New York cannabis regulators on Wednesday signaled support for marijuana stores' proposal to temporarily halt enforcement of a recent regulatory reinterpretation about store location requirements that threatens to upend more than a hundred cannabis businesses.
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September 11, 2025
2 Firms Guide $485M Financing For Green NYC Tower
Federman Steifman LLP and Greenberg Traurig LLP advised on $485 million in financing for Alloy Development from Kayne Anderson and the Vistria Group, earmarked for the construction of a second tower in a mixed-use project that will span a full New York City block.
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September 11, 2025
Barnes & Thornburg Hires Real Estate Legal Project Managers
Barnes & Thornburg LLP has announced it hired two former land use planners for Delaware's New Castle County as real estate legal project managers for the firm's real estate department in its Wilmington office.
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September 11, 2025
Meet The Attys In Del. Appeal Of Gellert Seitz Malpractice Suit
Attorneys from Ippoliti Law Group and Marshall Dennehey PC who have experience handling other malpractice fights will make their arguments to Delaware's Supreme Court next week in a bid to revive a homebuilder's legal malpractice case against Gellert Seitz Busenkell & Brown LLC.
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September 11, 2025
Whitman Breed Settles Landlord's Suit Over $6.5M HQ Lease
Connecticut-based law firm Whitman Breed Abbott & Morgan LLC has settled a $3.8 million lawsuit by a commercial landlord that feared that it would breach its $6.5 million office lease after a significant headcount reduction and a partner's alleged claim that the firm would dissolve by June.
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September 11, 2025
DC Housing Conversion Lands $53M Financing
Lionheart Strategic Management said Thursday that it joined Schroders Capital and Maryland-based Forbright Bank to provide $53 million to a joint venture pursuing a residential conversion of a Washington, D.C., office building.
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September 11, 2025
Entities Tied To Several CVS Locations File For Ch. 11
Several entities tied to properties operating as CVS locations have filed for Chapter 11 bankruptcy in Delaware, saying that the filings are "in the best interests" of the debtors, creditors and other stakeholders.
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September 11, 2025
Vantage Data Centers Expands In APAC With $1.6B Investment
Vantage Data Centers has announced that it landed a $1.6 billion investment from GIC, Singapore's sovereign wealth fund, and the Abu Dhabi Investment Authority to expand its platform in the Asia-Pacific region.
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September 11, 2025
Gibson Dunn, Ballard Spahr Guide $869M Loan Sale
First Internet Bancorp and Blackstone have reached a deal to sell up to $869 million of performing single-tenant lease financing loans issued by the First Internet Bank parent, in a deal guided by Gibson Dunn & Crutcher LLP and Ballard Spahr LLP.
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September 10, 2025
Long Island Town Hit With Another Pot Shop Suit Over Zoning
The Long Island town of Southampton, New York, was hit with another lawsuit accusing it of weaponizing its zoning to block marijuana shops from opening, with the latest suit claiming it changed its laws at the last minute to prohibit an all but ready-to-open retail shop, wasting hundreds of thousands of dollars the cannabis entrepreneur spent.
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September 10, 2025
Cannabis Co. Says Battle With Activists Was Tossed Too Soon
A multistate cannabis company told a New Jersey state appeals court on Wednesday that its lawsuit against local opponents of a cultivation facility was prematurely dismissed, while the activists countered that the case amounted to a strategic lawsuit against public participation cloaked in land-use litigation.
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September 10, 2025
Downtown Fort Lauderdale's Growth Spurs Economic Boom
The recent influx of residents to downtown Fort Lauderdale has translated into gains on the commercial side, as a new report shows how the South Florida city is becoming a leading driver in the region's economy and is outperforming broader trends.
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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.Â
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
Expert Analysis
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As EPA Backs Down, Expect Enviros To Step Up Citizen Suits
As President Donald Trump's U.S. Environmental Protection Agency draws down federal enforcement efforts, environmental groups will step into the void and file citizen suits — so companies should focus on compliance efforts, stay savvy about emerging analytical and monitoring methods, and maintain good relations with neighbors, say attorneys at Beveridge & Diamond.
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Emphasize Social Spaces During RE Project Public Review
As Boston continues to work through revisions to its public review process for real estate projects, developers attempting to balance impact mitigation and community improvements may benefit from emphasizing the ways in which development plans can facilitate open social exchange, says David Linhart at Goulston & Storrs.
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What Contractors Can Do To Address Material Cost Increases
In light of the Trump administration's plans to increase tariffs on Mexico, Canada and China, construction industry players should proactively employ legal strategies to mitigate the impacts that price increases and uncertainty may have on projects, says Brenda Radmacher at Seyfarth Shaw.
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Reg Waiver Eases Calif. Rebuilding, But Proceed With Care
California Gov. Gavin Newsom's executive order suspending some environmental review and permitting requirements for the reconstruction of homes and businesses damaged by recent wildfires may streamline rebuilding efforts, but will require careful navigation of the evolving regulatory landscape, says Gregory Berlin at Alston & Bird.
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Insurance Considerations For LA Wildfire Recovery
Businesses and homeowners affected by the destructive Southern California wildfires must act swiftly and strategically to navigate the complexities of the insurance recovery process, including by identifying all applicable policies, documenting damage thoroughly and keeping abreast of relevant state law, say attorneys at Morgan Lewis.
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LA Wildfires' Effect On Calif. Insurer Of Last Resort
Attorneys at Willkie discuss the background of California's insurer of last resort — known as the Fair Access to Insurance Requirements Plan — and examine the process of assessing member insurers and relevant recent property insurance market developments in light of the destruction from the ongoing Los Angeles wildfires.
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Public Corruption Enforcement In 2024 Has Clues For 2025
If 2024 activity is any indication, the U.S. Supreme Court will likely continue to rein in expansive prosecutorial theories of fraud in the year to come, but it’s harder to predict what the new administration will mean for public corruption prosecutions in 2025, says Cathy Fleming at Offit Kurman.
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Small Biz Caught In Corporate Transparency Act Crossfire
Despite compliance being put on hold due to a nationwide preliminary injunction, small businesses have been caught in the middle of the legal battle over the Corporate Transparency Act — and confusion over the law's requirements could result in major penalties, say attorneys at Snell & Wilmer.
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What's Ahead As Transparency Act Comes To A Crossroads
Synthesizing the contrasting federal district and appellate court rulings on the Corporate Transparency Act’s validity reveals several main areas of debate that will likely remain at issue as challenges to the law continue winding through the courts, say attorneys at Farella Braun.
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Timeline Considerations For Boston's New RE Review Process
Boston's newly reimagined large real estate project review process, featuring early community engagement, holds impacts for project timelines that land use counsel must account for when guiding developers through approvals, says David Linhart at Goulston & Storrs.
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The Story Of 2024's Biggest Bank Regs, And Their Fate In 2025
U.S. federal bank regulators were very active in 2024 with initiatives ranging from antitrust and capital to proposals regarding controlling shareholders and incentive-based compensation, but many regulations face an uncertain future under the new administration, say attorneys at Latham.
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2024 IPO Market Trends, And What To Expect Next Year
The initial public offering market returned to historically typical levels on a deal count basis in 2024 but continued to lag based on proceeds raised due to a larger number of smaller IPOs this year, and signs point to continued ongoing momentum in the next year, say attorneys at Paul Hastings.
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Adapting Force Majeure To A Predictably Unpredictable World
As the climate and political landscapes get more complicated, force majeure provisions will likely be triggered increasingly often, demanding an evolving understanding of when events and their impacts are truly unforeseeable, say attorneys at Nossaman.