Commercial
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August 12, 2025
Fed. Circ. Won't Revive Real Estate Co.'s IRS Contract Dispute
A real estate company failed to show that the Internal Revenue Service improperly blocked its bid to continue leasing office space to the agency after agency employees complained about the building, the Federal Circuit said Tuesday, affirming a Court of Federal Claims ruling.
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August 12, 2025
Ex-Stearns Weaver Land Use Pro Joins Wife At Fla. Boutique
A Tampa land use attorney left his practice at Stearns Weaver Miller after a decade to join his wife, the founding partner of boutique firm Barbas Cremer PLLC, achieving a goal they've had since meeting in law school.
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August 11, 2025
How A Nonexistent Bar Unraveled A California Bribery Case
The criminal case against Palm Springs, California, developer John Wessman hinged on a cooperating witness's testimony that Wessman hatched a plan with him at a bar to bribe the city's then-mayor, but his defense counsel from Keker Van Nest & Peters LLP blew up that story on cross-examination by demonstrating the bar hadn't even opened at that time, helping to obtain an acquittal.
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August 11, 2025
CRE Fintech Firm Securities Paused For Possible Arbitration
A proposed class action accusing real estate platform CrowdStreet of enabling a $63 million fraud was paused Monday to allow individual arbitration to decide if the investors' claims can proceed.
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August 11, 2025
Cadwalader Nabs Sidley Real Estate Partner With CLO Focus
Cadwalader Wickersham & Taft LLP has brought on a structured finance pro from Sidley Austin LLP to co-head its commercial real estate collateralized loan obligation practice, the firm announced on Friday.
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August 11, 2025
2 Firms Guide REIT's Close Of $145M Seattle Hotel Sale To JV
Braemar Hotels & Resorts closed on a $145 million sale of a Marriott-branded hotel in Seattle to a joint venture between Sixth Street Partners LLC and Riller Capital LLC, in a deal guided by Jackson Walker LLP and Latham & Watkins LLP, per securities filings.
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August 11, 2025
Sills Adds Ex-Rosenberg Atty To Litigation, Real Estate Teams
Sills Cummis & Gross PC hired a former Rosenberg & Estis PC member to join the firm's litigation and real estate teams in New York City.
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August 11, 2025
Dentons Tops List Of Firms With Biggest Water Law Teams
Dentons, Troutman Pepper Locke LLP and WilmerHale are among the large U.S. law firms that have sizable teams of lawyers that work on water matters, according to an analysis by Law360 Real Estate Authority.
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August 11, 2025
Judge Upholds 99-Year Lease In Dispute At Miami Beach Hotel
A state court judge largely shot down an attempt by co-owners of a Miami Beach hotel to cancel an operator's 99-year lease, rejecting arguments that the agreement requires the property to be maintained in 1950s condition.
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August 11, 2025
Allen Matkins Guides $160M Calif. Community Project Loan
Walker & Dunlop Inc.'s capital markets team has secured a $160 million loan with a $27 million "re-advance component" for the construction of a 1,900-unit, master-planned community project in Rancho Mirage, California, the commercial real estate finance and advisory firm announced Monday.
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August 11, 2025
Data Center Developer Lands $1.2B To Build Atlanta Campus
Law firms Allen Overy Shearman Sterling and Milbank LLP advised on $1.2 billion in green loan financing to data center developer DC Blox to build a campus near Atlanta.
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August 11, 2025
Nossaman Adds Public Finance Atty To Infrastructure Group
Nossaman LLP said it has hired infrastructure attorney Edsell "Chip" Eady in its San Diego office from the public finance practice at Procopio Cory Hargreaves & Savitch LLP.
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August 11, 2025
Greystone Issues $64.9M Loan For Penn. Healthcare Portfolio
Greystone has provided a nonrecourse, 24-month bridge loan of more than $64.9 million for a 506-bed, three-property Pennsylvania healthcare portfolio, the commercial real estate finance company announced Monday.
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August 11, 2025
Waterfront Building Offers High Demand, But Complex Review
People have been drawn to beaches, rivers, harbors and other waterfront sites for basically all of human history, and while still among the most desired properties for real estate development, they present multiple layers of interests and issues — and in turn laws and regulations that must be navigated to build on them.
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August 11, 2025
4 Movies To Watch About Water And Real Estate
From Hollywood blockbusters to low-budget shorts, the big screen over the decades has played host to various stories about legal conflicts that lie at the intersection of water and real estate.
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August 11, 2025
4 Teams Leaving A Mark On Revived Baltimore Waterfront
Among the $3 billion worth of early deliveries for four major Baltimore waterfront redevelopment projects are a global investment firm's 550,000-square-foot headquarters, more than 700 residential units, and over 45 acres of new or revamped park space.
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August 11, 2025
3 Big Waterfront Projects And The Legal Teams Behind Them
Massive mixed-use developments are underway alongside riverbanks and beaches across the country, including an ambitious overhaul of industrial land and designs for a multibillion-dollar stadium.
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August 11, 2025
7 Beach Disputes Vexing Courts From Coast To Coast
From a SpaceX explosion in Texas to claims of whale sightings near a New Jersey offshore wind farm, a day at the beach can sometimes lead to a day in court. Law360 Real Estate Authority compiled the most prominent recent legal disputes over beaches around the country.
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August 11, 2025
Insurer Says $50M Zoning Suit Loss Is Outside Policy Period
An insurer asked a Michigan federal judge to declare it has no obligation to cover a $50 million judgment against a township, arguing the damages that stem from the township's unconstitutional zoning restrictions that a group of wineries had challenged fall outside the policy.
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August 11, 2025
NYC Real Estate Week In Review
Gibson Dunn and Jeffrey Zwick are among the law firms that guided the largest New York City real estate deals that hit public records last week, with a pair of Brooklyn trades topping the list.
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August 11, 2025
Ballard Spahr Inks $166M Refi For NY Transit-Oriented Project
The Olayan Group and Tritec Real Estate Co. secured a Ballard Spahr LLP and ArentFox Schiff LLP-guided $166.2 million refinancing for one mixed-use component of a sprawling Long Island, New York, community known as Station Yards from Greystone, the lender announced.
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August 11, 2025
Career Troutman RE Finance Atty Joins McGuireWoods In DC
McGuireWoods LLP has hired a real estate finance specialist and longtime attorney with Troutman Pepper Locke LLP to join its office in Washington, D.C., the firm announced on Monday.
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August 11, 2025
Investors Sue CTO Realty Over Alleged Dividend Deception
A proposed class of shareholders in retail-focused real estate investment trust CTO Realty Growth Inc. filed a lawsuit in Florida federal court claiming the REIT misled them about its financial metrics, the sustainability of dividends and the profitability of an Atlanta mixed-use community.
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August 11, 2025
NY Curbs Property Tax Shifts In Nassau, Suffolk Counties
New York established tighter limits on the amount of property taxes that can be shifted between property classes in certain jurisdictions in Nassau and Suffolk counties under a bill signed by Gov. Kathy Hochul.
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August 08, 2025
Judge Says Insurer Must Face $100M Biz Interruption Claim
A chemicals manufacturer accusing a reinsurer of failing to fully cover its roughly $100 million business interruption claim over a chemical plant explosion can still pursue its coverage claims, a Texas federal court ruled, finding the Texas Supreme Court would likely adopt the same holding.
Expert Analysis
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A Deep Dive Into High Court's Permit Fee Ruling
David Robinson and Daniel Golub at Holland & Knight explore the U.S. Supreme Court's recent ruling that a local traffic impact fee charged to a California property owner may be a Fifth Amendment taking — and where it leaves localities and real estate developers.
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What To Consider When Buying RE Promissory Notes
In light of recent distress in the real estate market, note purchases — in which an investor buys a promissory note and mortgage rather than actual property — can be a worthwhile alternative to traditional investments, but require careful contemplation of unique risks and strategic considerations, say Douglas Praw and Katelyn DeMartini at Holland & Knight.
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Consider 2 Alternative Exit Plans In RE Distress Scenarios
In the face of an impending wave of foreclosures, lenders and borrowers alike should consider two exit strategies — deed-in-lieu of foreclosure and consent foreclosure — that can mitigate potential costs and diminution in property value that could be incurred during a lengthy proceeding, say attorneys at BCLP.
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SEC Climate Rules Create Unique Challenges For CRE
The U.S. Securities and Exchange Commission's recently adopted final rules concerning climate-related disclosures for public companies are likely to affect even real estate companies that are not publicly traded, since they may be required to provide information to entities that are subject to the rules, says Laura Truesdale at Moore & Van Allen.
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New Proposal Signals Sharper Enforcement Focus At CFIUS
Last week's proposed rule aimed at broadening the Committee on Foreign Investment in the United States' enforcement authority over foreign investments and increasing penalties for violations signals that CFIUS intends to continue expanding its aggressive monitoring of national security issues, say attorneys at Kirkland.
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How Retail Tenants Can Avoid Paying Rent Prematurely
When negotiating leases for spaces in shopping centers, retail tenants should ensure that the language specifies they only need to begin paying rent when the center is substantially occupied as a whole, as it can be difficult to modify leases that are executed without co-tenancy requirements or termination rights, say Joshua Bernstein and Benjamin Joelson at Akerman.
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Weisselberg's Perjury At Trial Spotlights Atty Ethics Issues
Former Trump Organization executive Allen Weisselberg’s recent guilty plea for perjury in the New York attorney general's civil fraud trial should serve as a reminder to attorneys of their ethical duties when they know a client has lied or plans to lie in court, and the potential penalties for not fulfilling those obligations, say Hilary Gerzhoy and Julienne Pasichow at HWG.
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Climate Disclosure Mandates Demand A Big-Picture Approach
As carbon emissions disclosure requirements from the European Union, California and the U.S. Securities and Exchange Commission take effect, the best practice for companies is not targeted compliance with a given reporting regime, but rather a comprehensive approach to systems assessment and management, says David Smith at Manatt.
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Trump's NY Civil Fraud Trial Spotlights Long-Criticized Law
A New York court’s recent decision holding former President Donald Trump liable for fraud brought old criticisms of the state law used against him back into the limelight — including its strikingly broad scope and its major departures from the traditional elements of common law fraud, say Mark Kelley and Lois Ahn at MoloLamken.
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$175M Bond Refiled By Trump Is Still Substantively Flawed
The corrected $175 million bond posted by former President Donald Trump on Thursday to stave off enforcement of the New York attorney general's fraud judgment against him remains substantively and procedurally flawed, as well as inadequately secured, says Adam Pollock of Pollock Cohen.
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Calif. Ruling Shows Limits Of Exculpatory Lease Clauses
A California court's recent decision in Epochal Enterprises v. LF Encinitas Properties, finding a landlord liable for failing to disclose the presence of asbestos on the subject property, underscores the limits of exculpatory clauses' ability to safeguard landlords from liability where known hazards are present, say Fawaz Bham and Javier De Luna at Hunton.
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Payment Provision Lessons From NJ Construction Ruling
A New Jersey appellate court's decision in Bil-Jim v. Wyncrest, holding that an American Institute of Architects contract was not an installment contract, highlights both the complexities of statute of limitations calculations and the significant consequences that can arise from minor differences in contract language, say Mitchell Taraschi and Zac Brower at Connell Foley.
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A Legal Playbook For Stadium Construction Agreements
As a new wave of construction in the professional sports arena space gets underway, owners must carefully consider the unique considerations and risks associated with these large-scale projects and draft agreements accordingly, say attorneys at Akerman.