Commercial

  • March 14, 2025

    Judge Hands Landlord Win In Maryland Nurse's Eviction Case

    A Maryland federal judge mostly sided with a landlord that was hit with a nurse practitioner's $1 million suit, which alleged that the landlord wrongfully locked her out of her place of business when she wasn't there and evicted her.

  • March 14, 2025

    Calif. Insurance Chief OKs State Farm Rates Pending Hearing

    The California Department of Insurance on Friday provisionally approved State Farm's request for an emergency rate hike following the Los Angeles fires, including a nearly 22% increase for homeowners, saying final approval will be contingent on the insurer justifying its request at a hearing.

  • March 14, 2025

    Property Plays: Buffalo, Swerdlow Group, Tampa Bay Rays

    Property Plays is a weekly roundup of the latest loans, leases, sales and projects around the country. Send your tips — all confidential — to realestate@law360.com.

  • March 14, 2025

    Demand Tightens Florida Land Market In '24, Broker Finds

    Large-acreage land transactions and institutional investors drove much of the activity in Florida's land market in 2024, with agricultural land transforming into residential, solar or other development as the state's population grows.

  • March 14, 2025

    Calif. Tribe Looks To Defend Casino Land Trust Decision

    A California tribe at the crux of an Interior Department decision to take 221 acres of trust land for the construction of its casino development wants to intervene in a challenge to the order, saying it and the federal agency have different goals in dismissing the dispute.

  • March 14, 2025

    Under The Radar: Bankruptcy News You May Have Missed

    Avon's international unit asked a bankruptcy judge to extend the window during which only it can propose a Chapter 11 plan, consulting firm Azzur Group Holdings asked the Delaware bankruptcy court to approve its Chapter 11 plan disclosures and allow it to hold a vote, and Philadelphia's University of the Arts proposed selling a property for nearly $7 million. These are some of the bankruptcy stories you may have missed in the last week.

  • March 14, 2025

    Related Ross Begins Fla. Commercial Office Towers Project

    Related Ross has started construction on two Class AA commercial office towers that will take up almost 1 million square feet combined in downtown West Palm Beach, Florida, the developer announced.

  • March 14, 2025

    3 Firms Rep Franklin BSP Realty Trust's $425M NewPoint Buy

    Hogan Lovells, Reed Smith and Paul Weiss guided Franklin BSP Realty Trust's $425 million acquisition of commercial real estate finance company NewPoint Holdings JV LLC, boosting the REIT's multifamily loan offerings.

  • March 14, 2025

    King & Spalding Real Estate Ace Jumps To Benesch In NY

    Benesch Friedlander Coplan & Aronoff LLP has added commercial real estate attorney David Hudson from King & Spalding LLP as part of efforts to expand the firm's New York bench.

  • March 14, 2025

    Washington Dept. OKs Property Conversion Tax Break Regs

    Washington state's Department of Revenue adopted regulations to clarify eligibility requirements for a retail sales and use tax break for the conversion of commercial property to affordable housing authorized by a 2024 law, according to a rulemaking order.

  • March 13, 2025

    Tampa Bay Rays Halt Plans For New $1.3B MLB Stadium

    Major League Baseball's Tampa Bay Rays announced Thursday that it will stop developing a $1.3 billion stadium that's connected to a larger $6.5 billion redevelopment plan for the Historic Gas Plant District in St. Petersburg, Florida.

  • March 13, 2025

    Ore. Tribes Challenge Utility's Eminent Domain Bid

    An Oregon Indigenous community is fighting a bid by Portland General Electric Co. to condemn five acres of public land for the maintenance and operation of its hydroelectric project, arguing that the move is a pretext to eliminate its ceremonial fishing platform at the state's largest waterfalls.

  • March 13, 2025

    Founder Wants $14.7M In Logistics Developer SPAC Dispute

    The founder of a Latin America-based logistics property developer told a Florida federal court that he is owed at least $14.7 million as part of a 2024 special purpose acquisition company merger.

  • March 13, 2025

    Smith Currie Hires Veteran Construction Atty To Fla. Office

    Smith Currie Oles LLP has hired a former Siegfried Rivera construction litigation attorney as partner in the firm's Fort Lauderdale, Florida, office, the firm announced Wednesday.

  • March 13, 2025

    Fla. City Will Pay $21M To End Co.'s Road Construction Suit

    The mayor of Doral, Florida, and its city council have approved a $21 million settlement with a property owner, an entity that sought more than $30 million in damages alleging the city trespassed on its property and damaged it with a destructive road construction project.

  • March 13, 2025

    Builder Says Conn. Hilton Owner Owes $6M For $63M Project

    A building contractor is taking the owner of a new Home2 Suites by Hilton hotel in Bristol, Connecticut, to court, claiming that what started as a $13 million project ballooned into a $63.4 million series of redesigns and changes in scope for which the hotel owner still owes $6 million.

  • March 12, 2025

    NYC Beefs Up Inspections After Bronx Building Collapse

    A New York City Department of Buildings enforcement official said Wednesday that the agency is proactively targeting known bad actors and companies associated with them following a November 2023 major structural collapse at a multifamily property in the Bronx.

  • March 12, 2025

    HUD Rejects NC City's DEI-Incorporating Disaster Relief Plan

    The U.S. Department of Housing and Urban Development said it rejected a draft plan submitted by Asheville, North Carolina, outlining how the city would distribute $225 million in federal relief funds for hurricane recovery due to the plan's incorporation of "DEI criteria."

  • March 12, 2025

    Investment Firm Acquires DC Office Building

    Onward Investors has landed a 12-story, 240,500-square-foot Class A corner office building in Washington, D.C.'s Capitol Riverfront neighborhood, the Minneapolis-based alternative investment firm announced Wednesday.

  • March 12, 2025

    Greenspoon Marder Adds Phillips Nizer Real Estate Trio In NY

    Greenspoon Marder LLP announced Wednesday that a trio of real estate attorneys including two partners have joined the firm's New York office from Phillips Nizer LLP.

  • March 12, 2025

    Nelson Mullins Real Estate Ace Joins Kutak Rock In Fla.

    A former Nelson Mullins Riley & Scarborough LLP partner who has helped close more than $1 billion in real estate transactions in just the past two years has moved her practice to Kutak Rock LLP's Tallahassee, Florida, office.

  • March 12, 2025

    Sherin And Lodgen Adds New Boston Real Estate Partner

    Boston law firm Sherin and Lodgen LLP has hired an experienced commercial real estate attorney as a new partner for its real estate team, the firm announced.

  • March 12, 2025

    Greenberg Traurig Guides Extell On $103M NYC Resi Buy

    An Extell Development Co. entity, advised by Greenberg Traurig LLP, paid more than $103 million to a Solil Management LLC entity to acquire a residential building in the Lenox Hill neighborhood of Manhattan, New York, according to official property records.

  • March 11, 2025

    South Korea Corp., LX Pantos Acquire $120M Ga. Property

    Korea Ocean Business Corp., a firm owned by South Korea, has teamed up with logistics company LX Pantos Co. Ltd. to buy a $120 million Georgia-based facility, in response to more American firms investing in domestic operations.

  • March 11, 2025

    Zillow Investors Urge 9th Circ. To Uphold Class Certification

    A class of Zillow Group Inc. investors told the Ninth Circuit to reject the property listing company's bid to overturn the class certification of their suit accusing the company of making misleading statements about its home-flipping program and causing stock prices to drop.

Expert Analysis

  • 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.

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

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    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.

  • How GSA Lease Clauses May Affect DOGE Terminations

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    The Department of Government Efficiency has begun to cut the U.S. General Services Administration's enormous real estate portfolio, but some standard lease clauses include limits helpful to landlords that may slow progress toward the administration's cost-cutting goals, say attorneys at Pillsbury.

  • What SDNY Judge Can And Can't Do In Adams Case

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    The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.

  • Corp. Transparency Act's Future Under Treasury's Bessent

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    The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.

  • Nippon Order Tests Gov't Control Over Foreign Investments

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    The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden’s January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government’s microscope, say attorneys at Blank Rome.

  • A Look At A Possible Corporate Transparency Act Exemption

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    Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.

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

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    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

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    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

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    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

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    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

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    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.