/real-estate-authority/commercial?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Real Estate Authority Commercial Copyright 2025 Â鶹´«Ã½. en-US Tue, 17 Jun 2025 19:49:25 +0000 /real-estate-authority/commercial/articles/2354250?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2354250 Acknowledging property owner and creditor valuation objections and unsettled claims, a Delaware bankruptcy judge on Tuesday approved a $60 million stalking horse offer intended to jumpstart bidding for a 134-acre tract southeast of Los Angeles that was once part of a resort development plan. Tue, 17 Jun 2025 19:16:06 +0000 /real-estate-authority/commercial/articles/2354280?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2354280 Investors in a cannabis-focused real estate investment trust urged the Third Circuit on Tuesday to revive their proposed class action alleging it violated securities laws by ignoring information about a tenant, saying it was reckless to have claimed it conducted due diligence when it knew it did not. Tue, 17 Jun 2025 19:05:14 +0000 /real-estate-authority/commercial/articles/2354409?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2354409 The owner of a Pottstown, Pennsylvania, mall has accused Kohl's of attempting to unilaterally terminate its lease and duck payment obligations while liquidating merchandise to which the landlord was entitled, according to a lawsuit filed in federal court. Tue, 17 Jun 2025 18:55:01 +0000 /real-estate-authority/commercial/articles/2354327?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2354327 Florida would eliminate its business rent tax and require a study on whether the state could eliminate or reduce residential property taxes under budget-related legislation the state Legislature approved. Tue, 17 Jun 2025 18:17:05 +0000 /real-estate-authority/commercial/articles/2354650?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2354650 The U.S. Tax Court on Tuesday lopped off nearly $11 million of the claimed value of a property donated as a conservation easement, saying the land's best use case would be for low-density residential housing, timber and recreation, not a vacation resort. Tue, 17 Jun 2025 16:18:02 +0000 /real-estate-authority/commercial/articles/2354103?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2354103 An insurer cannot force another to defend a property owner in an underlying worker injury lawsuit through the doctrine of equitable estoppel after both insurers ultimately agreed the policy in question isn't triggered, a New York federal court ruled, finding the policy unambiguous. Tue, 17 Jun 2025 16:03:08 +0000 /real-estate-authority/commercial/articles/2354549?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2354549 A Kayne Anderson opportunistic real estate debt fund closed with $1.69 billion raised, surpassing its $1.5 billion fundraising goal, the alternative investment firm's real estate division announced Tuesday. Tue, 17 Jun 2025 15:53:48 +0000 /real-estate-authority/commercial/articles/2354412?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2354412 Akin Gump Strauss Hauer & Feld LLP announced Tuesday it has brought on two more Mayer Brown LLP attorneys who are based in Chicago. Tue, 17 Jun 2025 14:22:35 +0000 /real-estate-authority/commercial/articles/2354567?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2354567 The founding partner of a now-dissolved New York City boutique real estate firm is suing a former partner who he'd mentored for years, alleging he schemed to undermine the firm and orchestrate a client exodus that ultimately plunged the firm into financial ruin and forced it to dissolve. Tue, 17 Jun 2025 14:06:28 +0000 /real-estate-authority/commercial/articles/2353884?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2353884 A Florida federal judge awarded more than $487,000 to two investors who alleged that they were tricked into providing funds for multiple South Florida real estate projects in a multimillion-dollar real estate fraud scheme. Tue, 17 Jun 2025 13:24:32 +0000 /real-estate-authority/commercial/articles/2354308?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2354308 Mack Real Estate Credit Strategies landed a $235 million refinancing of a New York City hotel portfolio that entered special servicing in October, in a filing prepared by Cadwalader Wickersham & Taft LLP. Tue, 17 Jun 2025 11:52:47 +0000 /real-estate-authority/commercial/articles/2353485?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2353485 With the industry's reliance on materials and tight project schedules, anyone involved in construction has to be keeping a close eye on developments in the current trade wars, lawyers in the field told Â鶹´«Ã½360 Real Estate Authority. Mon, 16 Jun 2025 20:06:22 +0000 /real-estate-authority/commercial/articles/2354016?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2354016 Secured lenders of resort construction firm SilverRock Development Corporation have objected to the debtor's proposed designation of a stalking-horse bid, telling a Delaware bankruptcy court on Monday the $60 million offer is far below the asserted value of the company's real estate assets. Mon, 16 Jun 2025 18:28:39 +0000 /real-estate-authority/commercial/articles/2353446?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2353446 Greenberg Traurig LLP has hired a Goodwin Procter LLP partner as a shareholder for its Boston real estate team. Mon, 16 Jun 2025 17:26:54 +0000 /real-estate-authority/commercial/articles/2347421?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2347421 The passage of a bill in Texas that would provide litigants with access to a greater swath of judicial remedies in immunity disputes with government entities and officials would be an invaluable boon for property rights, says Nathan Vrazel at Munsch Hardt. Mon, 16 Jun 2025 17:20:57 +0000 /real-estate-authority/commercial/articles/2353885?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2353885 A Zurich Insurance Group unit owes over $5.1 million for business income and extra expenses losses and lost property value after a Texas hotel sustained water damage related to vandalism, the hotel owner told an Oregon federal court, saying the insurer covered repair costs but refused to pay for other losses. Mon, 16 Jun 2025 16:43:30 +0000 /real-estate-authority/commercial/articles/2353711?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2353711 The Pennsylvania Superior Court held in a precedential ruling that the negligence of a winery's former counsel in failing to communicate with the winery during litigation over operating in a neighborhood isn't a good enough reason to reverse an order shutting it down. Mon, 16 Jun 2025 16:40:58 +0000 /real-estate-authority/commercial/articles/2353654?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2353654 Duane Morris LLP announced Monday that it has opened an office in Manhattan that brings together about 80 attorneys from its previous office in Times Square and 60 lawyers who were at the former Satterlee Stephens LLP offices on Park Avenue for the first time since the March 2020 merger of the two firms. Mon, 16 Jun 2025 16:30:56 +0000 /real-estate-authority/commercial/articles/2353700?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2353700 Industrial Logistics Properties Trust announced on Monday it has secured a $1.16 billion financing that it plans to use to pay down mortgage debt coming due in October, in a deal guided by Dechert LLP and Skadden Arps Slate Meagher & Flom LLP. Mon, 16 Jun 2025 15:32:20 +0000 /real-estate-authority/commercial/articles/2353639?utm_source=rss&utm_medium=rss&utm_campaign=section /real-estate-authority/commercial/articles/2353639 Real estate private equity shop Walker & Dunlap Investment Partners, advised by Polsinelli PC, on Monday revealed that it wrapped up fundraising for its seventh discretionary fund after securing $135 million from investors.