Commercial

  • June 24, 2025

    NJ Agency Fights $26M Property Taking Verdict In Ch. 11

    A New Jersey development agency pushed back against a move in bankruptcy court by the owner of a former tire factory site to collect a $25.6 million jury verdict stemming from the agency's decision to condemn the property and make way for housing.

  • June 24, 2025

    Texas Narrows Discovery Allowance In Property Tax Appeals

    Texas district courts can't order discovery in property tax cases unless the discovery is requested by the appealing party under a bill signed by Gov. Greg Abbott. 

  • June 24, 2025

    Plymouth Nabs $193M Ohio Industrial Portfolio

    Plymouth Industrial REIT Inc. announced that it has purchased a 1.95 million-square-foot portfolio of industrial properties located across three Ohio submarkets from an affiliate of Investcorp for $193 million.

  • June 24, 2025

    Macerich Real Estate Co. Buys Mall In Raleigh, NC For $290M

    The Macerich Co. has picked up a 1.3 million-square-foot mall in North Carolina's capital city of Raleigh for $290 million, according to a Tuesday announcement.

  • June 24, 2025

    Alaska Must Challenge Tribe's Gaming Hall In Home State

    The state of Alaska must challenge federal approval for an Alaska Native tribe's gaming hall on its home turf and not in Washington, D.C., a D.C. federal judge ruled.

  • June 24, 2025

    Ohio School Board Can't Appeal Property's Valuation

    An Ohio commercial property improperly had its value raised to $27.8 million, the state Board of Tax Appeals ruled, finding jurisdiction was lacking for a school board's appeal that resulted in the increase.

  • June 24, 2025

    V&E Adds Investment, Finance Trio In NY, Texas

    Vinson & Elkins LLP has brought on three new partners to strengthen its investment management and finance practices.

  • June 24, 2025

    Simpson Thacher Guides $575M Loan For Times Square Office

    In two loan deals guided by Simpson Thacher & Bartlett LLP, Apollo Global Management Inc. borrowed more than $575 million for a Times Square office skyscraper that's going to be converted into a residential building, according to official property records filed Tuesday.

  • June 24, 2025

    GSA Chooses Site For New Conn. Federal Courthouse

    The U.S. General Services Administration selected a 2.19-acre parking lot in Hartford, Connecticut, as the home for a new federal courthouse, which it says will be operational by 2030.

  • June 23, 2025

    9th Circ. Revives Antitrust Counterclaims Against CoStar

    A Ninth Circuit panel on Monday revived counterclaims accusing CoStar of monopolizing commercial real estate information markets in the company's case accusing a rival of engaging in "industrial-scale" copyright infringement.

  • June 23, 2025

    NC County Can't Deny Church Rezoning Bid In Land Use Fight

    Officials in a rural North Carolina county likely violated a religious land use law when rejecting a church's rezoning bid and are barred from denying the organization's request, a federal judge ruled.

  • June 23, 2025

    3 Firms Guide Record-Setting $1.15B DC Wharf Refinancing

    A Washington, D.C., mixed-use development led by Canadian pension fund PSP Investments has closed on a $1.15 billion refinancing, with Milbank LLP, Pillsbury Winthrop Shaw Pittman LLP and Davies Ward Phillips & Vineberg LLP advising the borrowers on the deal, according to a Monday news release. 

  • June 23, 2025

    Taft Expands Fla. Footprint With Private Client Duo In Naples

    Taft Stettinius & Hollister LLP announced Monday that it is expanding in Naples, Florida, with a pair of new private client partners, just ahead of a June 30 merger that will grow the firm in West Palm Beach and Stuart.

  • June 23, 2025

    Takings Not Enough To Lower Lot Value, Mass. Board Says

    A half-acre parking lot in Massachusetts was not overvalued by a local assessor despite temporary and permanent takings by the state highway department during road construction, the state Appellate Tax Board said in a decision released Monday.

  • June 23, 2025

    Goldman Sachs Real Estate VP Rejoins Haynes Boone In NY

    A former Haynes & Boone LLP attorney has returned to the firm's New York office as a real estate finance partner after leaving for three years to become a vice president on Goldman Sachs' real estate investment team.

  • June 23, 2025

    NYC Real Estate Week In Review

    Fried Frank and BakerHostetler are among the law firms that scored work on the top New York City real estate deals that hit public records last week, with deals in Manhattan and the Bronx leading the way.

  • June 23, 2025

    Proxy Adviser Doubts Activist Plan For Senior Living Operator

    An independent proxy advisory firm recommended Monday that Brookdale Senior Living shareholders support most of the company's board nominees at a July meeting, questioning activist investor Ortelius Advisors' strategy to unload assets and leases.

  • June 23, 2025

    No Break For Early Pay After Late Postmark, Ore. Court Says

    An Oregon company could not show that its property tax payments were mailed before the due date for receiving a discount for early payments, the state tax court said.

  • June 23, 2025

    Va. City Wants Out Of Landfill Co.'s Suit Over Land Use Law

    The Virginia city of Chesapeake argued in Virginia federal court that a landfill owner's suit over an amended city land use law should be tossed because the owner hasn't actually been punished under the law and hasn't indicated that they're going to violate it.

  • June 23, 2025

    Oregon Lawmakers OK Extending Brownfield Tax Breaks

    Oregon would extend its program of local property tax incentives for brownfield development by six years under legislation passed by the state House of Representatives.

  • June 23, 2025

    Terreno Pays $49.5M For Southern Calif. Industrial Property

    Terreno Realty Corp. paid $49.5 million to an unidentified seller to acquire a fully leased, 134,000-square-foot Santa Ana, California, industrial distribution property that's also a retail location, the industrial real estate company announced Monday.

  • June 23, 2025

    IRS Updates Coal Closure Areas For Energy Community Perk

    The IRS released Monday an updated list of counties with shuttered coal manufacturing operations and other locations used to determine a clean energy development project's eligibility to get a boost in tax credits for being in communities that historically relied on the fossil fuel industry.

  • June 23, 2025

    Ore. Lawmakers OK Barring Farm Tax Break For Illegal Pot

    Oregon farmland would lose eligibility for a tax break if its owner is found to be illegally growing marijuana on it under legislation approved by state lawmakers.

  • June 23, 2025

    Horn Williamson Opens Wilmington Office With New Partner

    Horn Williamson LLC has added a construction litigation partner with over 23 years of experience from Dailey LLP to launch a new office in Wilmington, Delaware, the firm announced this week.

  • June 23, 2025

    High Court Won't Revisit 'Right-To-Control' Fraud Case

    The U.S. Supreme Court on Monday refused to take a second look at the landmark case that disposed of the "right-to-control" theory of fraud, rejecting a petition that argued the Second Circuit had wrongly remanded the action for retrial before resolving the appeal at hand.

Expert Analysis

  • What's At Stake As 9th Circ. Eyes Cultural Resource Damages

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    In Pakootas v. Teck Cominco, the Ninth Circuit is faced with the long-unresolved question of whether cultural resource damages are recoverable as part of natural resource damages under the Superfund law — and the answer will have enormous implications for companies, natural resource trustees and Native American tribes, says Sarah Bell at Farella Braun.

  • 5 Insurance Types For Mitigating Tariff-Related Trade Losses

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    The potential for significant trade-related losses as a result of increased tariffs may cause companies to consider which of their insurance policies, including marine, builders risk, trade credit, and directors and officers, could provide coverage to alleviate the financial impact, say attorneys at Pillsbury.

  • Avoiding Pitfalls Around New Calif. Commercial Lease Law

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    A California law that became effective this year requires commercial landlords to extend certain protections previously afforded to residential tenancies, and a few key provisions of the law especially warrant reexamination of leasing and operational processes, say attorneys at Holland & Knight.

  • Measuring And Mitigating Harm From Discriminatory Taxes

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    In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.

  • Addressing Tariff Price Escalation In Construction Contracts

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    As construction projects across the U.S. face uncertainty surrounding material price increases driven by government-imposed tariffs, owners and developers should draft strong contracts to protect themselves from tariff-related cost overruns and delays, say attorneys at Akerman.

  • How The CRE Industry Is Adapting To Tariff Uncertainty

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    Amid uncertainty about pending tariffs and their potential ripple effects, including higher material costs, supply chain delays and tighter margins, commercial real estate industry players are focusing on strategic planning and risk mitigation, says Daniel Diaz Leyva at Day Pitney.

  • Reconciling 2 Smoke Coverage Cases From California

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    As highlighted by a California Department of Insurance bulletin clarifying the effect of two recent decisions on insurance coverage, the February state appellate ruling denying coverage for property damage from smoke, ash and soot should be viewed as an outlier, say attorneys at Reed Smith.

  • 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.