Commercial
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									October 17, 2025
									Steptoe Hires Corporate, Energy, Transactions PartnerSteptoe LLP has hired the former lead land use and real estate counsel for Florida's almost $3 billion I-4 ultimate highway reconstruction project, who has joined the firm's Washington, D.C., transactions practice to continue working with energy, infrastructure and real estate development matters. 
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									October 17, 2025
									Taxation With Representation: Latham, Kirkland, WachtellIn this week's Taxation With Representation, the Artificial Intelligence Infrastructure Partnership, MGX, and BlackRock's Global Infrastructure Partners acquire Aligned Data Centers from Macquarie Asset Management and co-investors; Rayonier Inc. and PotlatchDeltic Corp. merge to create a timber and wood products giant; and a Lone Star Funds affiliate acquires industrial processing equipment provider Hillenbrand Inc. 
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									October 16, 2025
									CBRM Lenders Seek To Nix Ch. 11 CaseThe prepetition lenders to bankrupt affiliates of troubled real estate firm CBRM Realty Inc. have asked a New Jersey bankruptcy court to dismiss the Chapter 11, saying that the real goal of the case is to "vault certain stakeholders ahead of prepetition lenders in a misguided sale process," not reorganization. 
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									October 16, 2025
									Insurers Settle Bid To Arbitrate $7M La. Hurricane Ida CaseA group of domestic and foreign insurers including underwriters at Lloyd's of London have asked a Louisiana federal judge to dismiss their lawsuit seeking an order to arbitrate a $7 million Hurricane Ida damage claim, saying they have settled the dispute. 
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									October 16, 2025
									Latham Guides $1.8B Deal For Spanish Senior Home OperatorThe real estate arm of StepStone Group Inc. and European real estate investment firm Greykite have announced a €1.5 billion ($1.8 billion) deal to acquire and recapitalize Vitalia, Spain's second largest owner-operator of senior care homes. 
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									October 16, 2025
									3 Firms Shape MGM's $546M Sale Of Ohio Gambling VenueMGM Resorts International, guided by Weil Gotshal & Manges LLP, plans to sell the operations of a racetrack and casino in Northfield Park, Ohio, for $546 million to private equity firm Clairvest Group, advised by Chapman and Cutler LLP and Duane Morris LLP, the companies said Oct. 16. 
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									October 16, 2025
									Greenberg Traurig, Simpson Thacher Guide $730M Tower BuySL Green Realty Corp. has purchased the Park Avenue Tower in Manhattan from Blackstone Inc. for $730 million, in a transaction guided by Greenberg Traurig LLP and Simpson Thacher & Bartlett LLP. 
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									October 16, 2025
									Parker Poe Adds Onetime Stites & Harbison Office LeaderParker Poe Adams & Bernstein LLP has brought on the former leader of Stites & Harbison PLLC's Atlanta office to its own office in the city, bolstering its real estate and finance services with an attorney who brings four decades of legal experience. 
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									October 16, 2025
									Justices Asked To Rethink Gellert Seitz Malpractice RulingLawyers for a homebuilder are asking Delaware's Supreme Court to reconsider its decision affirming the dismissal of a legal malpractice suit against Gellert Seitz Busenkell & Brown LLC over damages the builder said it suffered due to the firm's negligence handling loan-restructuring disputes, arguing that key issues have been left unresolved. 
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									October 15, 2025
									Texas Panel Asks Why $12M Verdict Higher Than Project CostA Texas appeals panel pushed a developer to justify a roughly $12 million verdict against a construction company given the developer paid around that amount to build the apartment at the center of the suit, asking Wednesday why the developer was entitled to that sum. 
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									October 15, 2025
									3rd Circ. Clears Cannabis REIT In Investor Fraud SuitThe Third Circuit on Wednesday affirmed the dismissal of a securities fraud class action against a cannabis-focused real estate investment trust that alleged the trust violated securities laws by ignoring red flags about a tenant, with the panel finding that investors failed to show they were intentionally misled. 
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									October 15, 2025
									Proposed Bill Could Stall NFL Bears' Suburban Stadium PlanA member of the Illinois General Assembly has introduced a bill that could delay the Chicago Bears' efforts to build a stadium in the suburbs by requiring a 30-day window to review any proposed state or local agreements on new or renovated pro sports stadiums. 
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									October 15, 2025
									Holland & Knight Steers $1.2B Dallas Shopping Center RefiNorthPark Partners LP and several affiliates, guided by Holland & Knight LLP, borrowed a $1.2 billion refinancing loan for a 1.9 million-square-foot, Class A++ shopping center in Dallas. 
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									October 15, 2025
									How Brownfield Legislation Can Spur More Housing In Calif.The extension of a key legal tool in California for easing development on contaminated sites can relieve the state's housing shortage, though more work can be done to improve the legislation and make it work better with other environmental regulations, according to a partner at Cox Castle & Nicholson LLP. 
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									October 15, 2025
									Ga. Justices Stand By Holding That Runoff Fees Aren't TaxesThe Supreme Court of Georgia has for the second time ruled that a landowner can't use a constitutional challenge to get out of paying stormwater utility bills to its local government, declining Wednesday to overturn a decade-plus precedent that ruled the county was enforcing a fee rather than a tax. 
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									October 15, 2025
									Crescent Heights Nets $238M Refi For Miami Apartment TowerReal estate firm Crescent Heights obtained a $238 million loan to refinance a luxury residential building in Miami's Edgewater neighborhood, the parties announced Wednesday. 
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									October 15, 2025
									Southeast US Infrastructure Firm Files $100M IPO PlansNorth Carolina-based infrastructure company Cardinal Infrastructure Group has filed plans with the U.S. Securities and Exchange Commission to raise up to $100 million in an initial public offering, a move that comes as a handful of companies continue to submit IPO plans despite the ongoing government shutdown slowing SEC operations. 
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									October 15, 2025
									Real Estate Continues To Hold Interest Of Family OfficesPrivate funding has become a more important part of real estate's financing puzzle as the industry has navigated a couple of rocky years. As high-net-worth investors gathered at a conference with experts in finance and real estate last week, they offered plenty of signs the fit will remain strong. 
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									October 15, 2025
									Tarter Krinsky Real Estate Chair Sees Office Market 'Normalcy'Despite lingering economic questions, the office market is starting to reach a state of "normalcy," Tarter Krinsky's real estate leader told Law360 in a recent interview. 
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									October 15, 2025
									NYC Hotel Must Hand Over Tax Credits In BankruptcyThe owners of a boutique hotel in Brooklyn and its management company must return pandemic-era refundable tax credits that they received as the hotel filed for Chapter 11 bankruptcy protection, a New York bankruptcy judge ruled, saying they had unfairly pocketed the money at the bankruptcy estate's expense. 
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									October 15, 2025
									More Than 20 Firms Guide 2025's Top Hospitality DealsSidley, Fried Frank and Morris Nichols are among more than 20 law firms that have guided the 10-figure hospitality mergers and acquisitions announced through the first three quarters of 2025. 
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									October 15, 2025
									Private Equity Propels Lenders Counsel Inner CircleFirms putting together large, complex real estate deals often pick their lender's legal counsel, especially in rapidly evolving areas like data centers. Attorneys say the practice makes deals more efficient, but it has prompted ethical questions. 
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									October 15, 2025
									BlackRock, Nvidia-Led Group Buying Aligned In $40B DealThe Artificial Intelligence Infrastructure Partnership, MGX and BlackRock's Global Infrastructure Partners said Wednesday they have agreed to acquire Aligned Data Centers from Macquarie Asset Management and co-investors, in a deal valuing Aligned at about $40 billion. 
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									October 14, 2025
									GOP Bill Would Codify Trump Private Equity 401(k) OrderA Montana Republican lawmaker announced Tuesday the introduction of a bill that would codify President Donald Trump's executive order that aims to make it easier for retirement plans to invest in nontraditional 401(k) assets like private equity and cryptocurrency. 
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									October 14, 2025
									Fla. Professor Wins Bid To Halt Trump Library Land TransferA Florida state judge Tuesday temporarily blocked the transfer of roughly 3 acres of land Miami Dade College gave to the state to build the Donald J. Trump Presidential Library. 
Expert Analysis
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								5 Insurance Types For Mitigating Tariff-Related Trade Losses  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. 
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								Avoiding Pitfalls Around New Calif. Commercial Lease Law  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. 
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								Measuring And Mitigating Harm From Discriminatory Taxes  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. 
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								Addressing Tariff Price Escalation In Construction Contracts  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. 
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								How The CRE Industry Is Adapting To Tariff Uncertainty  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. 
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								Reconciling 2 Smoke Coverage Cases From California  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. 
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								Contractor Remedies Amid Overhaul Of Federal Spending  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. 
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								Contract Disputes Recap: Terminations Galore.jpg)  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. 
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								Making The Opportunity Zones Program Great At Last  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. 
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								Investor Essentials For Buying Federally Owned Property  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. 
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								How 2025 Is Shaping The Future Of Bank Mergers So Far  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. 
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								Why NY May Want To Reconsider Its LLC Transparency Law  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. 
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								Dewberry Ruling Is A Wakeup Call For Trademark Owners  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.