Commercial

  • June 26, 2026

    Greenberg Traurig Hires Real Estate Duo From Fried Frank

    Greenberg Traurig LLP has recruited a seasoned duo for its real estate practice from Fried Frank, as the U.S. firm continues to expand its offering in London.

  • June 25, 2026

    Jones Day Hires Ex-McDermott Real Estate Pro For NYC Office

    Jones Day has brought on a former McDermott Will & Schulte partner who specializes in commercial real estate deals for its New York City office, the firm announced.

  • June 25, 2026

    CoStar Customers Say Antitrust Suit Must Stay In DC

    Customers asked a D.C. federal court to reject CoStar's bid to transfer their proposed antitrust class action, which claims the company ran an anticompetitive scheme to protect its monopoly for commercial real estate information and property listing services.

  • June 25, 2026

    Mass. Gov. Pauses New Data Center Sales Tax Breaks

    Massachusetts will pause new applications for the state's sales tax exemption for data centers, Gov. Maura Healey announced Thursday, releasing a framework for energy, water and economic considerations around development of the facilities.

  • June 25, 2026

    Retail Center, AIG Unit Settle Suit Over Foundation Damage

    A real estate management company has settled its suit accusing an AIG unit of failing to cover property damage at a retail complex in Calabasas, California, according to a federal court filing.

  • June 25, 2026

    SpaceX Wants In On Suit Challenging Texas Land Swap Deal

    SpaceX has urged a federal court in Washington to let it intervene in a lawsuit from environmental groups opposing the company's south Texas land exchange deal with the U.S. Fish & Wildlife Service, noting its property interests are directly at stake.

  • June 25, 2026

    Easement Offers Have 'Rolling' Deadline, IRS Official Says

    The 90-day window that conservation easement partnerships will have to accept an IRS deal to settle their charitable tax deduction dispute is based on the date when the taxpayer receives its settlement letter with the latest offer, the agency's acting chief counsel said Thursday.

  • June 24, 2026

    SitusAMC's $5.3M Data Breach Deal Draws Judicial Scrutiny

    A New York federal judge is asking the plaintiffs suing real estate finance services firm SitusAMC over a 2025 data breach for additional information about the administration and public notice of their newly disclosed $5.3 million deal to resolve negligence and other claims stemming from the incident, saying the details are necessary for preliminary approval. 

  • June 24, 2026

    Attys Welcome Housing Bill But Say It's Not An Overnight Fix

    Attorneys focused on affordable housing say that bipartisan legislation to address housing affordability contains welcome tweaks to existing programs, but will not fundamentally change the market dynamics that place housing out of reach for many.

  • June 24, 2026

    Eric Adams' Ex-Chief Of Staff Charged In Bribery Scheme

    Frank Carone, a onetime chief of staff to former New York Mayor Eric Adams, took $120,000 in bribes to steer a multimillion-dollar contract to house migrants to a hotel owner, according to an indictment unsealed in Brooklyn federal court on Wednesday. 

  • June 24, 2026

    EPA Proposal Tightens Scope And Length Of NEPA Reviews

    The U.S. Environmental Protection Agency on Wednesday floated an overhaul of how it conducts environmental reviews that includes limiting the scope of what environmental impacts the agency considers and establishing a two-year deadline to complete reviews.

  • June 24, 2026

    Sun Communities Names Ex-SpartanNash Legal Chief As Its GC

    Sun Communities Inc. has hired the former chief legal and compliance officer of SpartanNash, a Fortune 400 food solutions company, as its new general counsel, the manufactured housing-focused real estate investment trust announced.

  • June 24, 2026

    Mich. Cannabis Co. Allowed To Fix Zoning Enforcement Suit

    Michigan cannabis dispensary chain Joyology was given an opportunity to clarify its lawsuit accusing a popular beach town of stifling its opportunity to open a location there through arbitrary zoning enforcement, after a federal judge punted on the municipality's bid to dismiss the suit.

  • June 24, 2026

    Investment Fund Hit With Class Action For Claimed $60M Loss

    Lack of oversight and transparency within a private investment fund resulted in the purported loss of nearly $60 million after a board member is said to have siphoned the money away, according to a putative class action filed in the North Carolina Business Court.

  • June 24, 2026

    Big Banks Clear Fed Stress Tests Amid Capital Rule Overhaul

    The Federal Reserve said Wednesday the nation's biggest banks have sufficient capital to withstand a severe recession, giving them passing marks in the latest round of stress tests as federal regulators work on a broader capital rule overhaul.

  • June 24, 2026

    Davis Polk Guides $480M NYC Office-To-Resi Financing

    An affiliate of private equity firm Yellowstone Real Estate Investments borrowed $480 million in construction financing for a Midtown Manhattan office-to-residential conversion project, in a loan transaction advised by Davis Polk & Wardwell LLP, the law firm announced.

  • June 24, 2026

    JPM's Construction Debt Grows As Wells Pulls Back By $1.6B

    JPMorgan's construction debt on the books rose in the first quarter while Wells Fargo continued to pare its construction debt holdings during the period, showing contrasting narratives for the nation's two biggest bank holders of construction debt.

  • June 24, 2026

    'Hard-Money' Lenders Guilty Of Stealing Upfront Fees

    A Manhattan federal jury convicted two Florida men of using their "hard-money" commercial real estate finance company to steal $18 million in upfront fees, after prosecutors said they defrauded developers to whom they never intended to extend loans.

  • June 24, 2026

    UK REIT Segro Rejects £12.6B Bid By Linklaters-Led Prologis

    Real estate investment trust Segro said Wednesday that it has rebuffed an unsolicited £12.6 billion ($16.6 billion) bid from Prologis, saying the approach was "opportunistically timed" as the U.S. company seeks access to the U.K. rival's data center business.

  • June 23, 2026

    KKR Unit Unveils Univ. Of Tennessee Mixed-Use Project

    Private equity firm Arctos Partners LP, a KKR unit, and its partners are working with the University of Tennessee, Knoxville on a mixed-use development that will include a private club, homes, a 24-story hotel and an entertainment area spanning 100,000 square feet, the companies announced Tuesday.

  • June 23, 2026

    Summer Camp Co. SIMAD's Ch. 11 Steered By Cole Schotz

    A quintet of partners from Cole Schotz PC is stewarding the Chapter 11 case of summer camp operator and real estate holding company.

  • June 23, 2026

    Goulston & Storrs Guides $375M Financing For NJ Tower

    Developer Nasser Freres, advised by Goulston & Storrs, has secured $375 million in financing from Madison Realty Capital to build an apartment tower with a grocery store in Jersey City, New Jersey, according to borrower-side broker Walker & Dunlop.

  • June 23, 2026

    Two Harbors Pushes Back CrossCountry Vote Again

    Two Harbors Investment Corp. has once again delayed its special shareholders vote for a transaction that involves mortgage lender CrossCountry Mortgage LLC acquiring the mortgage servicing-focused real estate investment trust in an all-cash deal, the REIT announced Tuesday.

  • June 23, 2026

    Maynard Nexsen Adds Real Estate Group Co-Chair In NC

    Maynard Nexsen PC has bolstered its capacity to handle commercial real estate matters by bringing on an attorney who co-chaired Smith Anderson's real estate group.

  • June 23, 2026

    Blackstone Buys $279M San Francisco Hotel From Sunstone

    Blackstone has agreed to buy the Hyatt Regency San Francisco from Sunstone Hotel Investors for $279 million, about $16.5 million more than what the lodging real estate investment trust paid for the property over a decade ago, according to a Tuesday announcement.

Expert Analysis

  • NYC Hotel Licensing Law's Costs May Outweigh Its Benefits

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    A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.

  • Calif. Ruling Offers Hope For Mitigated Negative Declarations

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    In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds — a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.

  • There's No Crying In Property Valuation Baseball Arbitration

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    The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes — in which each side offers competing valuations to an arbitrator, who must select one — is often ideal for resolving property valuation disputes, say Sean O’Donnell at Herrick Feinstein and Mark Dunec at FTI Consulting.

  • Webuild Ruling Complicates Arb. Award Enforcement In US

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    A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.

  • How To Avoid A Costly CPA Limitation Hidden In Most Leases

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    The lease audit rights clause is a seemingly innocuous provision in most commercial real estate leases that ends up costing tenants millions of dollars each year, as they have unwittingly agreed to retain only an accountant to investigate and settle financial issues, says Jason Aster at KBA Lease Services.

  • Navigating FEMA Grant Program For Slope Fixes After Storms

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    In the aftermath of Hurricanes Helene and Milton, it is critical for governments, businesses and individuals to understand the legal requirements of the Federal Emergency Management Agency's grant programs to obtain funding for crucial repairs — including restoration of damaged infrastructure caused by landslides and slope failures, says Charles Schexnaildre at Baker Donelson.

  • Smith's New Trump Indictment Is Case Study In Superseding

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    Special counsel Jack Smith’s recently revised Jan. 6 charges against former President Donald Trump provide lessons for prosecutors on how to effectively draft superseding indictments in order to buttress or streamline their case, as necessary, says Jessica Roth at Cardozo Law School.

  • Consider Best Legal Practices For Commissioning Public Art

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    Commissioning public art for real estate projects can provide many benefits to real estate developers and the public, but it's important to understand the unique legal and contracting aspects of the process to ensure that projects are completed on time and on budget, says Sarah Conley Odenkirk at ArtConverge.

  • 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.