Commercial

  • May 30, 2025

    Townhome Org. Seeks Confirmation Of Storm Damage Award

    A townhome association's insurer has no legal basis to withhold payments under a $2.7 million appraisal award for costs connected to a 2022 storm, the association told a Minnesota federal court Friday in a bid for an early win in its suit.

  • May 30, 2025

    Pa. Justices Back Hospital Tax Break Despite High Salaries

    The corporate structure and high executive pay at a Montgomery County, Pennsylvania, hospital were not reason enough to take away its nonprofit, tax-exempt status, the state Supreme Court ruled Friday.

  • May 30, 2025

    Fla. Panhandle To House $1B Manufacturing Facility

    Aerospace and aviation manufacturer Williams International plans to build a $1 billion turbine engine manufacturing complex in Okaloosa County, Florida, per a May 29 announcement from Gov. Ron DeSantis.

  • May 30, 2025

    Cleveland Says Browns' Stadium Suit Is In Wrong Venue

    Cleveland asked an Ohio federal court Friday to reconsider its decision to allow the Cleveland Browns to amend their lawsuit over a planned stadium move, arguing that the judge failed to address the city's jurisdictional challenge.

  • May 30, 2025

    Praying Or Parking? Religious Land Use Fights Head To Court

    Local zoning and planning boards, usually unelected decision-making bodies, often operate with sweeping discretion that can provide cover for discrimination against religious communities. But backed by pro bono attorneys, religious groups are leaning on a 2000 federal law in their bid for court intervention.

  • May 30, 2025

    Atlanta Seeks Win In Ex-Building Officials' Age Bias Suit

    A former Atlanta building official has failed to show his age was the deciding factor in not being promoted to a chief inspector role, the city told a federal court, urging it to toss the man's discrimination lawsuit.

  • May 30, 2025

    Cleary Helping Cushman & Wakefield On Move To Bermuda

    Cushman & Wakefield's parent company is seeking to move its place of incorporation from England and Wales to Bermuda, with the assistance of counsel from Cleary Gottlieb Steen & Hamilton LLP, the real estate brokerage firm said in a regulatory filing.

  • May 30, 2025

    REIT Investors' $12M Deal Over NexPoint Merger Get Final OK

    A New York federal judge granted final approval to a $12 million securities class action settlement reached with Jernigan Capital investors who alleged the defendants omitted material information amid a 2020 sale to NexPoint Advisors, and awarded $3.9 million in fees Thursday to lead counsel for prosecuting the case.

  • May 30, 2025

    Diaz Reus Sued For Fraud, Conflict In Failed Miami Water Park

    A Florida consultant has sued law firm Diaz Reus & Targ LLP over allegations it created an adverse conflict of interest in ownership over a failed Miami water park when the firm's managing partner and his brother, another firm member, attempted to "strong-arm" him into reducing his interest in the venture.

  • May 30, 2025

    Fenwick & West Leases New San Francisco Office Space

    Fenwick & West LLP will move to a new San Francisco office after signing a 50,000-square foot lease for office space in a 38-story Class A office tower owned by real estate investment trust Paramount Group Inc., according to an announcement from JLL.

  • May 30, 2025

    Mass. Can't Delay Developer's Suit Over Brownfields Credit

    Massachusetts tax officials who have taken more than two years to consider the appeal of a denied brownfields tax credit must hand over the administrative record in the case so that a developer can pursue a motion for judgment on the pleadings, a state court justice has ordered.

  • May 30, 2025

    Thompson Hine Brings Ex-Troutman Real Estate Atty To LA

    Thompson Hine LLP hired a former Troutman Pepper Locke LLP real estate transactions partner as a new real estate partner in Los Angeles, the firm announced May 29.

  • May 30, 2025

    Bravo Property Trust Lands $400M From Middle East Investor

    Real estate financing company Bravo Property Trust announced on Friday that a Middle Eastern sovereign wealth fund manager will invest up to $400 million in the firm to support its bridge and construction loan offerings.

  • May 29, 2025

    Alston & Bird, Smith Mackinnon Steer $710M Fla. Bank Deal

    The holding company for Seacoast National Bank said Thursday that it would acquire Villages Bancorporation Inc., the holding company of Citizens First Bank based in The Villages, Florida, for approximately $710 million in a deal guided by Alston & Bird LLP and Smith Mackinnon PA.

  • May 29, 2025

    NY Landlord LLC Transparency Bill Advances

    The New York State Senate passed a bill on May 28 to require landlords of rent-stabilized properties to disclose members of their limited liability companies.

  • May 29, 2025

    KC Royals Say Mortgage Deal Doesn't Imply Move To Kansas

    The Kansas City Royals have made a third-party purchase of the mortgage on a potential site for a new ballpark in Overland Park, Kansas, but denied that the transaction meant the MLB team was moving from the city and state of Missouri that have been its home since launching in 1969.

  • May 29, 2025

    Shareholders Sue REIT, Ready Capital Over 2023 Merger

    A proposed class of investors in a REIT that merged with commercial real estate lender Ready Capital Corp. two years ago claimed in Washington federal court that they were misled by executives from both companies ahead of the $787 million deal.

  • May 29, 2025

    Texas Bars Some Property Tax Hikes Above Voter-OK'd Rates

    Texas will prohibit school districts from adopting property tax rates above voter-approved thresholds in response to a natural disaster if voters previously rejected a similar proposed rate increase, under a bill signed by Gov. Greg Abbott.

  • May 29, 2025

    Latham-Led Luxury Vacation Rental Startup Raises $50M

    Wander, a platform for luxury short-term rentals, announced that it raised $50 million in a Series B round co-led by QED Investors and Fifth Wall to support the company's expansion efforts, with guidance from Latham & Watkins LLP.

  • May 29, 2025

    Clifford Chance Hires Investment Funds Partner From Kirkland

    Clifford Chance LLP announced Tuesday the hiring of a partner at Kirkland & Ellis LLP for its funds and investment management practice in the U.S., a month after Kirkland picked up an investment funds partner from Clifford Chance.

  • May 29, 2025

    Developer Sells Miami Office Tower Project Site For $211.5M

    Developer and property manager Swire Properties has sold a project development site for a planned Miami office tower to Melo Group for $211.5 million, a representative for commercial real estate firm CBRE told Law360.

  • May 29, 2025

    Greenberg Traurig Guides $100M Brooklyn Hotel Sale

    A hedge fund sold off a Brooklyn hotel to a real estate investment and development firm in a $100 million deal guided by Greenberg Traurig LLP, according to official property records.

  • May 29, 2025

    Ariz. Hilton Hotel Developer Lands $86M Refi Loan

    The developer and property manager of a newly constructed luxury Hilton Hotel in Scottsdale, Arizona, obtained an $86 million refinancing loan for the property in a deal guided by commercial real estate firm Walker & Dunlop, according to a May 29 announcement.

  • May 28, 2025

    Multivista Aims To Take Guesswork Out Of Construction

    In a recent interview with Law360 Real Estate Authority, the owner of a franchise of proptech company Multivista explained how cataloged insights into the building process can help prevent mistakes or down the road serve as valuable evidence in the event of a dispute or warranty claim.

  • May 28, 2025

    NJ County To Put $240B In Land Records On Blockchain

    Land record management company Balcony on Wednesday said it has struck a deal to store some 370,000 property deeds in Bergen County, New Jersey, on its blockchain platform, in the biggest-ever U.S. effort of its kind.

Expert Analysis

  • As EPA Backs Down, Expect Enviros To Step Up Citizen Suits

    Author Photo

    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.

  • Emphasize Social Spaces During RE Project Public Review

    Author Photo

    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.

  • What Contractors Can Do To Address Material Cost Increases

    Author Photo

    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.

  • Reg Waiver Eases Calif. Rebuilding, But Proceed With Care

    Author Photo

    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.

  • Insurance Considerations For LA Wildfire Recovery

    Author Photo

    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.

  • LA Wildfires' Effect On Calif. Insurer Of Last Resort

    Author Photo

    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.

  • Public Corruption Enforcement In 2024 Has Clues For 2025

    Author Photo

    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.

  • Small Biz Caught In Corporate Transparency Act Crossfire

    Author Photo

    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.

  • What's Ahead As Transparency Act Comes To A Crossroads

    Author Photo

    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.

  • Timeline Considerations For Boston's New RE Review Process

    Author Photo

    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.

  • The Story Of 2024's Biggest Bank Regs, And Their Fate In 2025

    Author Photo

    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.

  • 2024 IPO Market Trends, And What To Expect Next Year

    Author Photo

    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.

  • Adapting Force Majeure To A Predictably Unpredictable World

    Author Photo

    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.