Commercial

  • April 21, 2025

    NYU Starts Affordable Housing Clinic For Religious Orgs

    New York University School of Law announced Monday it will form a clinic to help shepherd faith-based organizations through building affordable housing on their properties, as the state legislature considers a bill to eliminate obstacles for such development.

  • April 21, 2025

    Calif. Homeowners Say Insurers Colluded To Limit Coverage

    California property owners affected by the Los Angeles wildfires accused over 300 insurers of conspiring to eliminate competition in the marketplace, forcing consumers to instead obtain fire insurance from the state's insurer of last resort, according to two lawsuits filed in state court.

  • April 21, 2025

    Miami Officials Claim Immunity In Developers' Retaliation Suit

    Miami officials urged a Florida federal judge on Monday to toss a lawsuit brought by two property developers and several associated businesses alleging that they were cited with building code violations for political reasons, claiming immunity because they were just doing their jobs.

  • April 21, 2025

    NYC Real Estate Week In Review

    Frenkel Hershkowitz and Kramer Levin are among the law firms that scored work on the largest New York City real estate deals that hit public records last week, with four Manhattan matters leading the way.

  • April 21, 2025

    Investors Seek Class Status On Equinix Capital Spend Claims

    A group of Equinix investors asked a California federal judge for class certification on their claims that the data center developer mislabeled spending on batteries, light bulbs and other maintenance expenses so two executives could collect bonuses of $150 million.

  • April 21, 2025

    Justices Won't Hear Mall Of America's Sears Lease Dispute

    The U.S. Supreme Court on Monday declined to hear a case filed by the owner of Minnesota's Mall of America against Sears Holding Corp. over a transfer of a 100-year lease for an anchor store location, leaving in place a lower court's finding that the mall's lease was not a "true" contract.

  • April 18, 2025

    5th Circ. Backs SEC In Fraud Case Receivership Fight

    The Fifth Circuit has knocked down a Texas-based real estate investor's fight against a receivership imposed upon his entities by the U.S. Securities and Exchange Commission, saying the lower court did not exceed its authority in allowing the receivership in the $26 million fraud case.

  • April 18, 2025

    9th Circ. Won't Rethink Nixed Zillow, NAR Antitrust Case

    The Ninth Circuit won't be rethinking a panel decision refusing to revive a defunct brokerage platform's case accusing Zillow and the National Association of Realtors of anticompetitively relegating its listings from Zillow's main page.

  • April 18, 2025

    HUD Lists Aging DC Headquarters Building For Sale

    The U.S. Department of Housing and Urban Development and Government Services Administration have announced plans to sell HUD's headquarters, saying the property exceeds the department's need for office space.

  • April 18, 2025

    Fla. Jury Hits Expedia With $30M Helms-Burton Verdict

    A Miami jury on Friday said Expedia and three related entities owe $29.85 million after finding the online booking companies liable for violating the Helms-Burton Act's anti-trafficking provision by offering reservations for resorts on a barrier island seized by Fidel Castro's government.

  • April 18, 2025

    Law Firm In-Office Policies Steady Real Estate Footprints

    Law firms' office real estate footprints are stabilizing as firms bolster their in-office attendance — through return-to-office programs and a focus on culture — and move away from space-sharing for attorneys, according to a report from CBRE.

  • April 18, 2025

    DLA Piper Adds Partner To Investment Funds Practice

    Ropes & Gray LLP partner Matt Posthuma has jumped ship to DLA Piper, where he joins the firm's investment funds practice as a partner in its Chicago office.

  • April 17, 2025

    Greystar Says FTC Suit Seeks 'Radical' Expansion Of Power

    Developer and property manager Greystar urged a Colorado federal court to toss a Federal Trade Commission suit alleging it advertised deceptive rental prices, saying the suit requires a novel reading of a decades-old statute that would "radically" expand the agency's power.

  • April 17, 2025

    Cuban Island Owner Wants $36M In Helms-Burton Case

    A Cuban-American man who says he is the rightful heir to an island off the coast of Cuba that was seized by the Communist government asked a Miami jury on Thursday for an award of more than $36 million against Expedia, which the man claims illegally trafficked in the stolen property by offering reservations for resorts on the island through its website.

  • April 17, 2025

    Colo. FAIR Plan Gives Policyholders Options At A Cost

    Colorado launched the country's first new Fair Access to Insurance Requirements, or FAIR, Plan in 40 years to offer residents another tool in an increasingly challenging wildfire, hail and wind market, but experts emphasized that this limited form of coverage is not intended to address affordability concerns.

  • April 17, 2025

    Colo. Insurance Bills Offer Promise But Uncertain Costs

    Colorado lawmakers are contemplating insurance bills that experts say could help improve the state's market by boosting home resilience, but there are still cost concerns and skepticism that other proposals are workable, like a state reinsurance program.

  • April 17, 2025

    Naftogaz Wins Enforcement Of $5B Russia Award In France

    A French court has signed off on a bid by Ukraine's state-owned oil and gas company to enforce a $5 billion arbitral award it won against Russia after the Kremlin seized its Crimean assets, the company said on Thursday.

  • April 17, 2025

    QXO Prices $500M Offering Connected To $11B Beacon Buy

    Building products distribution company QXO Inc. announced the pricing of a stock offering, with plans to raise $500 million, which will be used to finance a portion of its pending $11 billion acquisition of Beacon Roofing Supply Inc.

  • April 17, 2025

    Cushman Expects Stubborn Office Vacancies In Austin

    After unusual market disruptions brought on by the pandemic, Cushman & Wakefield says it expects high office vacancies in Austin, Texas, to linger for a few more years and that unprecedented demand for the city's industrial assets will stabilize gradually.

  • April 17, 2025

    Moderna Says New Drug Plant Riddled With Defects, Mold

    Life sciences company Moderna is suing a Massachusetts construction firm over multiple alleged defects in a recently built production facility for one of its experimental cancer drugs, including leaks that led to mold growth so "extensive and pervasive" the entire roof has to be replaced.

  • April 17, 2025

    Petersen Health Gets Initial OK To Take Votes On Ch. 11 Plan

    A Delaware bankruptcy judge on Thursday provisionally approved skilled nursing facility operator Petersen Health Care's bid to send its Chapter 11 liquidation plan out to creditors for voting, months after the company sold off most of its assets.

  • April 17, 2025

    Blackstone Sees 'Speed Bump' In Real Estate Recovery

    Officials at investment giant Blackstone told analysts on April 17 that they expected the direct impact of tariffs on its businesses to be limited, although a wider downturn could be more troubling.

  • April 16, 2025

    Real Estate Lawyers Chart Dealmaking Under Tariffs

    As real estate transaction attorneys navigate uncertainty in the market, some deals are being put on ice, while elsewhere, clients are rushing to negotiate protections from price hikes or find opportunistic deals.

  • April 16, 2025

    Trump Ends Clinton, Carter Policies On Fed Facility Sites

    President Donald Trump rolled back two decades-old orders directing the federal government to prioritize urban areas and historic districts when choosing locations for federal facilities.

  • April 16, 2025

    IBM Sues Insurers Over $900M In Environmental Expenses

    IBM has taken several of its excess commercial general liability insurers to New York federal court, arguing that following IBM's coverage settlements with underlying insurers, they are now on the hook for over $900 million in environmental remediation expenses incurred under policies issued between 1961 and 1970.

Expert Analysis

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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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.

  • Impact Of Corporate Transparency Act Ambiguity On Banks

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    Even though banks generally needn't file beneficial ownership information reports, financial institutions must continue to monitor the status of the Corporate Transparency Act and understand its requirements in case the nationwide injunction that was issued against the CTA earlier this month is overturned, say attorneys at Armstrong Teasdale.

  • Green Projects Face States' Foreign Land Ownership Limits

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    As states impose restrictions and disclosure requirements around foreign investment in agricultural land — in some cases piggybacking on existing federal rules — renewable energy developers and investors must pay close attention to how the rules vary, says Daniel Fanning at Husch Blackwell.

  • How Landlords Can Navigate Cannabis-Related Leases

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    As the cannabis industry continues to rapidly grow, landlords should consider a variety of lease terms and operational details that may help mitigate uncertainty involving federal laws, zoning restrictions and tax implications, says Kyla Baker at Holland & Knight.

  • Lights, Camera, Real Estate: Preparing For Film Facility M&A

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    As the entertainment industry struggles to recover from multiple strikes and a decline in production, certain aspects of selling or acquiring production facilities may become important to consider, as these assets are valued very differently from typical commercial real estate properties, say attorneys at Olshan Frome.

  • Corporate Liability Issues To Watch In High Court TM Case

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    The U.S. Supreme Court will hear arguments in a trademark dispute between Dewberry Group and Dewberry Engineers next week, presenting an opportunity for the court to drastically alter the fundamental approach to piercing the corporate veil, or adopt a more limited approach and preserve existing norms, say attorneys at Bracewell.