Commercial

  • 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.

  • October 02, 2026

    SEC Renews Judgment Bid Against Crowdfunding Promoter

    The U.S. Securities and Exchange Commission has lodged a new request in Michigan federal court for summary judgment against a businessperson it has accused of orchestrating two fraudulent crowdfunding offerings that raised almost $2 million from thousands of investors, arguing its evidence showed the man diverted much of the money to himself, his relatives and associates.

Expert Analysis

  • Strategies For Retailers, Landlords In M&A Portfolio Reduction

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    With more retailers likely to merge or be acquired in 2026, both landlords and companies looking to renegotiate their real estate footprints can strike successful deals through advance planning, understanding rights allocations and maintaining realistic leverage assessment, say attorneys at Jenner & Block.

  • What Cos. Must Know About Pa.'s Proposed Data Center Regs

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    Under Pennsylvania Gov. Josh Shapiro's new proposal to balance hyperscale data center infrastructure with grid stability, water resources and community transparency, businesses in the state face a strategic choice: wait for binding requirements to emerge, or proactively align projects with the standards now, say Wade Stephens and Sasha Burton at Langsam Stevens.

  • Where Ceding Control In Joint Ventures Ups Developer Risks

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    With new data predicting liquidity will continue drying up in 2026, developers seeking relief via joint venture restructurings should understand how relinquishing an asset's control to a capital partner could have stark consequences, and where negotiations over governance and control triggers present the greatest legal and structural risks, say attorneys at Jenner & Block.

  • How SF Family Zoning Suit Could Stymie City, Builder Goals

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    A recent suit asserting that San Francisco should further study the environmental impact before permitting taller buildings with more family residences could disrupt the work of project developers and local government — and give pause to other cities rezoning to add housing capacity, says Phillip Babich at Reed Smith.

  • How Blockchain Could Streamline Real Estate Transactions

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    As U.S. real estate markets face pressure to adopt digital frameworks, blockchain technology offers a credible solution for consolidating execution, payment and recording into a single record, with a unified ledger potentially replacing fragmented processes with digitally authenticated events, say attorneys at King & Spalding.

  • Del. Dispatch: Workplace Sexual Misconduct Liability In Flux

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    Following the Delaware Court of Chancery's recent contradictory rulings in sexual misconduct cases involving eXp World, Credit Glory and McDonald's, it's now unclear when directors' or officers' fiduciary duties may be implicated in cases of their own or others' sexual misconduct against employees, say attorneys at Fried Frank.

  • CFIUS Initiative May Smooth Way For Some Foreign Investors

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    A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.

  • How AI Data Centers Are Elevating Development Risk In 2026

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    As thousands of artificial intelligence data center constructions continue to pop up across the U.S., such projects must be treated not as simple real estate developments, but as infrastructure programs where power, supply chains and technology integration all drive both schedule and risk, say attorneys at Cozen O’Connor.

  • Tips For Counsel As PE Eyes Data Center Facility Services

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    As private equity interest in specialized commercial facility services providers heightens, considerations for counsel and private equity investors run the gamut from contract transferability to facility compliance, say attorneys at Morgan Lewis.

  • CFIUS Must Adapt To Current Foreign Investment Realities

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    To continue protecting the U.S.’ long-term strategic and economic interests, the Committee on Foreign Investment in the United States should implement practical enhancements that leverage technology, expertise and clear communication, and enable it to keep pace with evolving demands, says attorney Sohan Dasgupta.

  • Breaking Down Expense Allocation In Mixed-Use Properties

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    Rapid increases in condominium fees and special assessments, driven by multiple factors such as rising insurance costs and expanded safety requirements, are contributing to increased litigation, so equitable expense allocation in mixed-use properties requires adherence to the governing documents, says Mike Walden at FTI Consulting.

  • What Fla. Trends Reveal About AI In Real Estate Development

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    Property developers can begin to understand how artificial intelligence tools are changing the real estate industry by studying Florida, where developers are using AI to speed vital processes, and AI disclosure and ethics requirements are proliferating, says Ben Mitchel at Shubin Law.

  • NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid

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    A New Jersey bankruptcy court's recent decision in New Rite Aid affirms that landlords can have "stub rent" treated as an administrative expense and highlights critical considerations for debtors, including the importance of deciding when and where to file for bankruptcy, say attorneys at Cleary.