Commercial

  • October 07, 2026

    2 Firms Guide Tishman's Chrysler Building Lease, Rehab Plan

    Tishman Speyer said Wednesday that it has reached a deal with a private college for a long-term lease and $235 million restoration at the Chrysler Building in Manhattan with investors such as the Public Sector Pension Investment Board backing the project, guided by Sullivan & Cromwell LLP and Gibson Dunn & Crutcher LLP.

  • October 07, 2026

    Paul Hastings Guides $245M Manhattan Office Tower Sale

    An entity connected to L&L Holding Co. has sold a Manhattan office tower for $245 million to entities connected to L&L Infinite Real Estate Partners in a deal guided by Paul Hastings LLP, according to documents filed with the New York City Department of Finance.

  • October 06, 2026

    BDT & MSD To Buy Luxury Senior Housing Provider Sunrise

    In a move aimed at capitalizing on the current wave of aging baby boomers, Sunrise Senior Living announced Tuesday that funds affiliated with BDT & MSD Partners, a merchant bank with ties to computer pioneer Michael S. Dell, are acquiring the company in a partnership with Sunrise's senior leadership team led by CEO Jack R. Callison Jr.

  • October 06, 2026

    NC Biz Court Bulletin: Monopoly Suit Setback, Historic Deal

    The North Carolina Business Court rounded the corner into fall with a setback for residents in an antitrust class action, a historic settlement in "forever chemical" contamination litigation and a raft of new restrictive covenant complaints.

  • October 06, 2026

    Hess, Gunpowder Co. Resolve NJ Pollution Suits For $24M

    Hess and a former munitions manufacturer will collectively pay $24 million to resolve the state of New Jersey's natural resource damages claims over alleged contamination from operations spanning five industrial sites, state officials announced this week.

  • October 06, 2026

    Pension Funds Lead Securities Suit Over Zillow, Redfin Deal

    A Washington federal judge has appointed two pension funds as lead plaintiffs in a proposed securities class action filed over an allegedly anticompetitive Zillow Group Inc. and Redfin Corp. deal and has also appointed Keller Rohrback LLP and Robbins Geller Rudman & Dowd LLP as local and lead counsel, respectively.

  • October 06, 2026

    JLL Says Trophy Office Boom Spreading To Lower NYC Tiers

    A scarcity of premium space pushed would-be tenants in the third quarter to widen their search for offices in Midtown Manhattan, a sign that commercial broker JLL said could spell a recovery for the next-lowest class of buildings.

  • October 06, 2026

    Granite, Super Excavators Win $324M Ohio Tunnel Contract

    Construction company Granite and its joint venture partner Super Excavators have won a $324.8 million contract from the Northeast Ohio Regional Sewer District for building a tunnel in Cleveland, Granite announced.

  • October 06, 2026

    Ohio Discount Movie Theater Denied Charity Tax Break

    An Ohio movie theater that said it's dedicated to film preservation and education and offers tickets below market rate does not qualify for a charitable property tax exemption, the state's Board of Tax Appeals ruled Tuesday.

  • October 06, 2026

    EB-5 Center Says USCIS Delay Jeopardizes $82M Project

    An immigrant investor regional center in Florida and a company seeking to raise funds for a planned medical school in Naples, Florida, sued U.S. Citizenship and Immigration Services, claiming a delay in approval from the government is jeopardizing funding for the $82 million project.

  • October 06, 2026

    Newmark Lines Up $508M Ala. Shopping Center Sale

    Newmark Group Inc. has lined up the $508 million sale of an 870,000-square-foot Birmingham, Alabama, shopping center in a deal that the company described Tuesday as "the largest single-property commercial real estate transaction in Alabama history by purchase price."

  • October 06, 2026

    Skadden, Davis Polk Guide DayOne Data Centers' IPO Filing

    Singapore-based DayOne Data Centers, a developer of data centers in Europe and Southeast Asia, has filed documents for an upcoming initial public offering guided by Skadden Arps Slate Meagher & Flom LLP and underwriters counsel Davis Polk & Wardwell LLP.

  • October 05, 2026

    Securities Roundup: 7 Rulings You May Have Missed

    Federal judges from California to New York and several states in between issued a slew of decisions last week that determined the fates of shareholder lawsuits against a major health insurer, a New York bank that nearly failed in 2024 and a diagnostic company accused of hiding its challenges as COVID testing demand ebbed. 

  • October 05, 2026

    Real Estate Lawyers On The Move

    Greenberg Traurig, Skadden and Shumaker are among the law firms that have recently hired for their real estate or construction practices.

  • October 05, 2026

    Groups Say Fla. City Bent Rules For Related Ross Hotel Tower

    Two West Palm Beach neighborhood groups are arguing to a Florida state appeals court that city officials advanced an 18-story Related Ross convention center and hotel project while ignoring concerns that the project's valet operations could pose a risk to pedestrians, among other issues in the approval process.

  • October 05, 2026

    Cozen O'Connor Adds Skadden Atty As Leasing Practice Lead

    Cozen O'Connor has hired an ex-Skadden Arps Slate Meagher & Flom LLP counsel to be the chair of its real estate leasing team in New York City, the firm announced Monday.

  • October 05, 2026

    Inspired Healthcare Gets OK For $713M Sale

    A Texas bankruptcy judge Monday gave Inspired Healthcare the go-ahead to sell 30 of its senior living communities for $713 million after being told objections to how the sale proceeds will be handled will themselves be handled another day.

  • October 05, 2026

    NYC Real Estate Week In Review

    Dilworth Paxson and Fensterstock Law are among the law firms that picked up work on the largest New York City real estate deals that became public last week, with a pair of Queens trades leading the way.

  • October 05, 2026

    Feds, SpaceX Say Groups Lack Standing To Block Land Swap

    SpaceX and the U.S. Fish and Wildlife Service are urging a Texas federal court to toss a lawsuit challenging their South Texas land swap deal, each noting the wildlife refuge land at issue is already generally closed to the public.

  • October 05, 2026

    Casinos Lose Bid For 3rd Circ. Redo In Room-Pricing Suit

    Atlantic City casino-hotels could not get the Third Circuit to go back on reviving a proposed class action accusing them of a price-fixing scheme for hotel rooms, according to a court order.

  • October 05, 2026

    Justices Deny Zillow's Bid To Revisit Goldman Ruling

    The U.S. Supreme Court on Monday declined Zillow's invitation to revisit a 5-year-old ruling on class certification, allowing Zillow investors to proceed as a class on claims that they were duped about the company's now-shuttered home-buying business.

  • October 02, 2026

    Crime Fraud Exception Sought In Ex-Adams Aide's Bribe Case

    Prosecutors on Friday said the crime fraud exception should greenlight access to privileged material as part of their case against former New York Mayor Eric Adams' chief of staff, who's accused of taking bribes in exchange for steering a $6.8 million migrant housing contract to a Queens hotel owner.

  • October 02, 2026

    Data Center Spending Up 73% Over Past Year, Report Finds

    Construction spending on data centers has increased by 73% over the past year at a seasonally adjusted annual rate, with particularly large increases over the past four months, according to an analysis by national trade group Associated Builders and Contractors of U.S. Census Bureau data.

  • October 02, 2026

    Atty Can't Kill Claims He Tricked Client Into Renting From Him

    An attorney cannot escape a $14.5 million fraud lawsuit claiming he pressured his cannabis cultivation clients into an overpriced lease without telling them he was getting a 5% cut of the rent, a Los Angeles County judge ruled.

  • October 02, 2026

    3 Firms Guide $1.5B CareTrust-LNT Senior Living Deal

    Jones Day represented California real estate investment trust CareTrust REIT Inc. on its roughly £1.1 billion ($1.46 billion) acquisition, announced Friday, of 45 U.K. senior living facilities from LNT Care Developments Holdings Ltd., which had counsel from Slaughter and May and Freeths LLP.

Expert Analysis

  • 8 Reasons To Consider Maryland As A 'DExit' Option

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    While Nevada and Texas have garnered the most attention as alternative states of incorporation for companies considering leaving Delaware, Maryland offers considerable benefits too, including a predictable statutory framework, robust anti-takeover protections, sophisticated business courts with decades of experience, and more, say attorneys at Miles & Stockbridge.

  • Small And Midsize Business Finance Faces More State Regs

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    Recent developments in state credit disclosure, consumer debt collection, and lender licensing and registration requirements suggest that companies extending financing to small and midsize businesses are likely to encounter a significantly more stringent legal climate moving forward, say attorneys at Manatt.

  • How Courts Are Clashing Over FinCEN Real Estate Rule

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    A Texas federal court's recent decision in Flowers v. Bessent has vacated the Financial Crimes Enforcement Network's anti-money laundering rule for residential real estate transfers, but significant uncertainty remains due to the ruling's direct conflict with other recent federal court decisions, say attorneys at Katten.

  • What DOL Proposal Signals For 401(k)s, Alternative Assets

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    The U.S. Department of Labor recently published a highly anticipated proposed rule that could establish more defined pathways for 401(k) plan fiduciaries to consider investment options with greater alternative asset exposure, and help fund sponsors and investment managers develop such options, say attorneys at Cleary.

  • Legal And Regulatory Keys To Sustainable Building Projects

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    While the federal government continues to roll back environmental regulations, market momentum toward high-performance, energy-efficient commercial real estate as a defining driver of long-term value remains robust — so developers should understand how applicable standards and regulatory frameworks will affect projects, say attorneys at CGS3.

  • Anticipating The Justices' Potential Ruling On Tax Takings

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    Recent oral arguments in the U.S. Supreme Court case Pung v. Isabella focused on rules for valuation, timing and administrability of tax auction proceeds and whichever method the court adopts for determining just compensation, it will have far-reaching impacts on tax collection, homeowners' equity and the secondary market for tax-foreclosed property, say attorneys at Holland & Knight.

  • Mortgage EO Casts Wide Net In Push To Ease Lending Rules

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    A recent executive order targeting mortgage credit access states an intent to promote competition among all types of lenders and is notable for its breadth, resetting regulatory expectations in a number of areas including origination, digitization and licensing, says Kara Ward at Baker Donelson.

  • Senior Housing Demands A Distinct Dealmaking Playbook

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    An aging population and evolving state regulations underscore a critical reality that senior housing assets can undergo operational or compliance shifts during dealmaking, highlighting the need for unique contractual safeguards like expanded disclosures, anchored notice obligations, and targeted closing conditions and remedies, say attorneys at Goodwin.

  • What New Fla. Citizens Bill Means For Surplus Lines Insurers

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    A Florida bill recently passed by the Legislature as part of a continued effort to depopulate Citizens Property Insurance, the state's insurer of last resort, creates an additional pathway for commercial policies to be written by surplus lines insurers, but also presents concerns of unnecessary regulation, say attorneys at Troutman.

  • Navigating The Perks Of Qualified Opportunity Zones 2.0

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    The second iteration of the qualified opportunity zone program, effective Jan. 1, 2027, will introduce new tax incentives for rural real estate development, but these benefits can only be realized if proper governance is a priority, including clear documentation and securities law compliance, says Coni Rathbone at VF Law.

  • When 'Qualified Transferees' Can Chill UCC Foreclosures

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    A recent New York state court decision in a closely watched real estate dispute in WWP Mezz LLC v. WWP Mezz Investment Co. is a reminder to lenders, and a warning to borrowers, of the Uniform Commercial Code foreclosure's immense power as a lender remedy, says Joshua Wurtzel at Schlam Stone.

  • AI Is Changing The Game For Lenders' Vendor Governance

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    Recent guidance from Freddie Mac and the Treasury Department reinforces that expectations surrounding AI oversight are beginning to shape how mortgage lenders operationalize vendor governance, which is emerging as a critical compliance challenge for the decade ahead, says Alexandra Temple at Mitchell Sandler.

  • Human Diligence Crucial As AI Raises Real Estate Fraud Risks

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    A recent title fraud warning from Florida officials demonstrates that artificial intelligence has lowered the barrier to committing complex property scams, forcing real estate industry stakeholders and attorneys to prioritize contextual review in transactions, says Neil Cohen at Barsh and Cohen.