Commercial

  • August 26, 2026

    Volato Group Inks $500M AI Infrastructure Merger Deal

    Atlanta, Georgia-based Volato Group plans to shift its business focus from aviation-focused artificial intelligence software to AI infrastructure as part of a merger with Alignment Engine Inc. valuing the Ohio-based company at $500 million.

  • August 26, 2026

    These Firms Have Guided Top Higher Ed Real Estate Projects

    In tandem with the start of the fall 2026 semester, Law360 Real Estate Authority takes a look at the 10 largest ongoing nonresidential higher ed real estate projects and the law firms and lawyers that have been assisting.

  • August 26, 2026

    JLL Guides $856M Financing For Boston Mixed-Use Tower

    Developer Millennium Parters has secured $856 million in total financing from Morgan Stanley, Barclays and Nuveen Green Capital for a Class A office and luxury residential tower that is the tallest building in Boston's financial district, according to an announcement from broker JLL on Wednesday.

  • August 26, 2026

    Pondering New Life For Miami Courthouse On Auction Block

    Amid the new towers reshaping Miami's skyline, one of the city's most prominent buildings is looking for its second act, as bids close this Friday in an auction for the shuttered Miami-Dade Courthouse. Law360 Real Estate Authority recently spoke with Zion Mass, founder of Miami-based Mass Construction, about the prospects and pitfalls confronting potential bidders.

  • August 25, 2026

    Airport Terminals Co. Wants DC Circ. To Revive Contracts Suit

    A California-based company that builds and operates private luxury airport terminals is appealing the dismissal of its suit in a District of Columbia federal court against the Metropolitan Washington Airports Authority, which was accused of deliberately trying to avoid awarding the company airport terminal construction contracts.

  • August 25, 2026

    Pot Shop Seeks Quick Win Against Jushi On Antitrust Claims

    A Massachusetts dispensary is urging a federal court to rule that cannabis giant Jushi Holdings and others violated antitrust law by using a $10 million merger provision designed to block the dispensary from opening a nearby store, causing it to ultimately crumble.

  • August 25, 2026

    Summer Camp Owner Accused Of $13M COVID Relief Fraud

    Federal prosecutors said Tuesday that 26 summer camps illegally reaped more than $13 million from a COVID-19 relief program after one of their now-bankrupt owners allegedly "repeatedly lied" on loan documents.

  • August 25, 2026

    Ga. Justices Press Hotel Co. On Bid To Upend $38.4M Loss

    Georgia's highest court questioned Tuesday whether precedent supported a hotel operator's push to unravel a $17.4 million attorney fee award that came on top of $21 million in damages won by a teenager who was assaulted at one of the company's inns.

  • August 25, 2026

    Hotel Developer Says Architect Botched Design, Cost $10M

    The developer of a luxury hotel in Aspen, Colorado, claimed that the project's architecture firm caused more than $10 million in damages by making a series of errors and omissions in its work, according to a complaint filed Monday in Colorado state court.

  • August 25, 2026

    Developers Plan $350M Retail, Residential Project in Tenn.

    A Chattanooga, Tennessee-based developer said it plans to begin work in 2027 on a $350 million retail and residential district being developed in partnership with retail and mixed-use development firm Hill Partners and architect and designer Perkins&Will.

  • August 25, 2026

    2 Firms Guide Windjammer's $350M Smart Parking Co. Sale

    Private equity investor Windjammer Capital will sell its smart parking infrastructure company IPS Group Inc. to online commerce platform Nayax Ltd. in a $350 million all-cash, no-debt sale guided by Kirkland & Ellis LLP and Reed Smith LLP, Windjammer and Nayax announced Tuesday.

  • August 25, 2026

    Tribunal Lets UK Tax Offshore Developer, Avoid £1B Refunds

    The U.K. can levy £5.4 million ($7.4 million) in taxes on an Isle of Man developer's profits from selling land in Kent, the Upper Tribunal said Tuesday in a case that could allow HM Revenue & Customs to avoid issuing more than £1 billion in refunds.

  • August 25, 2026

    Emerald AI Hits $1.05B Valuation In $150M Series A Round

    Emerald AI, a company developing software to reduce or change power usage of AI data centers while electric grids are under stress, said Tuesday that it raised $150 million in a funding round valuing the company at $1.05 billion.

  • August 25, 2026

    New Mexico Justices Pause Permit, Hearing For Data Center

    New Mexico's Supreme Court in a pair of rulings paused an air permit hearing and ordered a developer to stop drawing water from the construction site of Oracle, OpenAI and SoftBank's Project Jupiter data center, leading a lawmaker to call on state officials to release more information about the project.

  • August 25, 2026

    Mo. Medical Co. Denied Tax Breaks Over Bonus Policy

    A nonprofit operator of medical clinics is ineligible for a charitable tax exemption for a host of its properties in three Missouri counties because bonuses for some of its leadership employees are tied to the organization's net earnings, the state Tax Commission ruled.

  • August 25, 2026

    Debevoise Real Estate Chair On Following Where Clients Lead

    Edward M. Rishty, a partner at Debevoise & Plimpton LLP who became chair of the firm's real estate group earlier this month, recently spoke to Law360 Real Estate Authority about his practice priorities, trends he's seeing in the market, and his family's special connection with the industry.

  • August 24, 2026

    Enviro Groups' Drilling Suit Lacks Imminent Harm, Judge Says

    Environmental groups sued too early over a move last year by President Donald Trump to revive the prospect of Arctic oil and gas leasing in offshore areas that prior administrations deemed off-limits, an Alaska federal judge ruled Monday, saying the plaintiffs have not demonstrated a "substantial risk of imminent harm."

  • August 24, 2026

    Seattle Hookah Lounge Sued Over Fatal Shooting

    The family of a woman shot and killed at a hookah lounge in Seattle are suing several companies connected to the establishment in Washington state court, claiming they negligently allowed violence to occur and failed to provide adequate security despite a known "history of criminal activity" at the location.

  • August 24, 2026

    Barings Closes $72.6M Loan For Mass. Office Campus Deal

    Barings has provided a $72.6 million loan to finance a joint venture's acquisition of a three-building, 409,197-square-foot office campus in Needham, Massachusetts, the alternative investment manager announced on Monday.

  • August 24, 2026

    5th Circ. Says IRS Penalty Suit Is Beyond Court Review

    The Internal Revenue Service's penalty imposed on a partnership for inaccurately reporting a Louisiana conservation easement transaction is considered a tax collection matter outside federal courts' jurisdiction, the Fifth Circuit ruled, declining to review a constitutional challenge against the penalty.

  • August 24, 2026

    Opportunity Zone Changes May Lessen Challenges, GAO Says

    Changes to the federal opportunity zone program, including broader reporting requirements, may mitigate some of the challenges state officials have encountered with the initial program, the Government Accountability Office said in a report Monday.

  • August 24, 2026

    Regulators Approve CrossCountry, Two Harbors Merger

    Mortgage servicing-focused real estate investment trust Two Harbors Investment said Monday that it has received final regulatory approval for a $1.2 billion merger with Ohio-based origination company CrossCountry Mortgage, clearing the transaction to take effect on Tuesday.

  • August 24, 2026

    Residents Ask To Drop SpaceX From Data Center Noise Suit

    A proposed class of Mississippi residents told a federal court that they are OK with SpaceX exiting their lawsuit, which accused a trio of companies led by Elon Musk of causing a public nuisance with the noise from power generators at three AI data centers.

  • August 24, 2026

    White & Case Adds Ex-Kirkland Real Estate, M&A Pro In Miami

    White & Case LLP confirmed Monday that it added a Miami partner to its global mergers and acquisitions practice and global real estate industry group from Kirkland & Ellis LLP.

  • August 24, 2026

    NYC Real Estate Week In Review

    Greenberg Traurig and Kalamotousakis Law Group are among the law firms that scored work on the largest New York City real estate deals that became public last week, with a $65 million Manhattan trade leading the way.

Expert Analysis

  • Applying High Court's Domestic Corruption Rulings To FCPA

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    After the U.S. Supreme Court narrowed the domestic corruption statutes in three decisions over the past year and a half, it’s worth evaluating whether these rulings may have an impact on Foreign Corrupt Practices Act enforcement, and if attorneys can use the court’s reasoning in international bribery cases, says James Koukios at MoFo.

  • Climate Among Many Factors Driving Up RE Insurance Costs

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    A proactive approach to risk management may determine the viability of the U.S. commercial real estate sector as weather crises and other factors drive insurance costs higher, says Ulrick Matsunaga at Crosbie Gliner.

  • Bid Protest Spotlight: Debriefings, Timeliness, Documentation

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    ​James Tucker at MoFo examines three recent decisions from the Federal Circuit, the U.S. Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.

  • A Look At Recent Case Law On Expedited Judgment In NY

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    A number of recent New York state court decisions clarify and refine the contours surrounding Civil Practice Law and Rule 3213, providing landlords, lenders and other payees guidance on how to seek accelerated judgment in certain litigation, says Alexander Lycoyannis at Holland & Knight.

  • Dealmaker Lessons From CFIUS' New Enforcement Webpage

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    The Committee on Foreign Investment in the United States’ recently launched webpage, which details the actions — and inactions — that led to enforcement activity, provides important insights for dealmakers about filing requirements, mitigation commitments and the cost of noncompliance, say attorneys at Dechert.

  • Reassessing Lease Provisions To Account For ESG Initiatives

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    As companies seek to build ESG considerations into their businesses, it's crucial to understand how such initiatives can quickly become significant enough to compel reassessment of lease agreement provisions, and how best to modify leases accordingly, say Julian Freeman and Gabe Pitassi at Cox Castle.

  • Avoid Getting Burned By Agencies' Solar Financing Spotlight

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    Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.

  • Co-Tenancy Clause Pointers For Shopping Center Landlords

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    Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at Cox Castle.

  • Assessing Algorithmic Versus Generative AI Pricing Tools

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    A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.

  • Navigating A Potpourri Of Possible Transparency Act Pitfalls

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    Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.

  • Keys To Successful Commercial Property Insurance Claims

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    While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.

  • Tips For Handling Single Asset Real Estate Bankruptcy Cases

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    Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset real estate debtor Chapter 11 cases, which generally arise when a debtor is forced to file for relief to stop an impending foreclosure sale.

  • Increased Scrutiny Raises Int'l Real Estate Transaction Risks

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    Recently proposed regulations expanding the Committee on Foreign Investment in the United States' oversight, a White House divestment order and state-level legislative efforts signal increasing scrutiny of real estate transactions that may trigger national security concerns, say Luciano Racco and Aleksis Fernández Caballero at Foley Hoag.