Commercial
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January 29, 2026
Hospitality REIT Ryman Ups Credit Facility To $850M In Refi
Hospitality real estate investment trust Ryman Hospitality Properties said it has refinanced its revolving credit facility, increasing its size from $700 million to $850 million and extending maturity from May 2027 to January 2030.
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January 29, 2026
Crowell & Moring Loses DC Appeal In $30M COVID Rent Dispute
The District of Columbia Court of Appeals on Thursday ruled against Crowell & Moring LLP's appeal for its $30 million rent dispute with a D.C. office landlord that refused to grant a coronavirus-related rent abatement.
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January 29, 2026
Bernstein Litowitz Touts 'Precedent-Setting' Misconduct Win
Bernstein Litowitz Berger & Grossmann LLP helped beat eXp World Holdings Inc. officers' bid to have the Delaware Chancery Court toss shareholder claims related to widespread allegations of sexual misconduct at the real estate services company, in what a firm attorney called a "precedent-setting" result.
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January 29, 2026
Blackstone Optimistic On AI, Warehouses, Apartments In 2026
Executives at Blackstone Inc. said during a Thursday call with analysts to discuss financial results that while parts of the real estate sector are still sluggish, the company is confident in the long-term outlook for data centers, logistics and rental housing.
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January 29, 2026
Phoenix Investors Buys Ill. Industrial Parcel With Reno Plans
Phoenix Investors announced that it has acquired a nearly 670,000-square-foot industrial property in Kankakee, Illinois, with plans for capital improvements at the property to reposition the asset.
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January 29, 2026
Co. Snaps Up Fully Leased Northern Calif. Industrial Property
Industrial-focused real estate firm Overton Moore Properties said it has acquired a fully leased portfolio spanning 245,472 square feet in Northern California.
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January 29, 2026
Utah House Bill Would Require Tax Hike Notice, Set Limits
Utah would require taxing entities to provide notice of their intent to levy a property tax rate above a statutorily defined base rate and impose limits on property tax increases under a bill introduced in the state House of Representatives.
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January 28, 2026
Jeffer Mangels Picks New Vice Chair For Hospitality Team
Jeffer Mangels Butler & Mitchell LLP has picked its cybersecurity and privacy group co-chair to serve as the new vice chair for its global hospitality team, which currently employs more than 40 attorneys, the firm announced Monday.
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January 28, 2026
Farmers Say 'Secret' Union Pacific Fee Blocks Rival Rail Line
Kansas and Colorado grain farmers and the company they use to ship their grain to the West Coast sued Union Pacific in Kansas federal court for allegedly using a "secret" fee illegally hidden from federal rail regulators to stop the plaintiffs from using a cheaper alternative rail line.
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January 28, 2026
Judge Sends Mass. REIT's $125M DIP Back To Drawing Board
A Texas bankruptcy judge on Wednesday rejected a Massachusetts-based real estate investment trust's request for final approval of its $125 million in Chapter 11 financing, saying it would leave the debtor bound by too many terms of default.
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January 28, 2026
3 Firms Guide Bond Street REIT's $100M Credit Facility
South Carolina-based Bond Street Real Estate Investment Trust said Wednesday that it closed a credit facility with $100 million in commitments last month, with advice from Allen Matkins Leck Gamble Mallory & Natsis LLP, Morrison & Foerster LLP and Chapman and Cutler LLP.
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January 28, 2026
Werner Acquires FirstFleet Trucking Co. In $283M Deal
Werner Enterprises said Wednesday it has purchased privately held dedicated trucking company First Enterprises Inc., known as FirstFleet, for about $245 million in cash, and will separately purchase about $38 million worth of real estate from the company.
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January 28, 2026
Real Estate Group Of The Year: Latham
Latham & Watkins LLP's real estate practice group provided guidance to Meta and the Canada Pension Plan Investment Board on two separate, multibillion-dollar data center joint venture partnerships, earning the firm a spot as one of the 2025 Law360 Real Estate Groups of the Year.
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January 28, 2026
Construction Group Of The Year: Orrick
Last year, Orrick Herrington & Sutcliffe LLP advised the Gateway Development Commission on the $16 billion Hudson River tunnel replacement project and advised New York City on the Manhattan construction contract for its $13 billion Borough-Based Jails Program to replace the Rikers Island complex, earning a spot among the 2025 Law360 Construction Groups of the Year.
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January 28, 2026
3 Firms Advise Apollo REIT's $9B Portfolio Sale To Insurer
A mortgage origination unit of Apollo Global Management announced Wednesday it will sell a $9 billion loan portfolio to an affiliated insurance company after the real estate investment trust's stock consistently traded below its book value, with Fried Frank Harris Shriver & Jacobson LLP, Clifford Chance LLP and Sidley Austin LLP advising the parties.
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January 28, 2026
Wash. Panel Won't Force State To Pull Dispensary License
A Washington appeals panel won't force state cannabis regulators to revoke a dispensary's license at the request of another dispensary that wished to open in the same area, saying the board rightly found that the license was not subject to forfeiture.
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January 27, 2026
Nuveen, Brandywine Close Pa.'s Largest C-PACE Financing
Nuveen Green Capital announced Tuesday that it has closed on $87.3 million in commercial property-assessed clean energy financing with Brandywine Realty Trust for its Schuylkill Yards project in Philadelphia, marking the largest C-PACE financing in Pennsylvania history and the first in the state for a publicly traded real estate investment trust in recent years.
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January 27, 2026
Work Shutdown In Sight For $16B NY-NJ Rail Tunnel Project
Officials leading construction of the $16 billion Gateway Tunnel project connecting New York and New Jersey said Tuesday that they are preparing to shut down construction next week unless the Trump administration restores funding.
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January 27, 2026
Jersey Shore Motels Fight Prom Season Rental Limits
Jersey Shore motel owners told a Garden State appellate panel on Tuesday that it should apply strict scrutiny to their argument that a municipal ordinance prohibiting anyone under the age of 21 from booking a motel room during prom season is unconstitutional.
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January 29, 2026
Law360 Seeks Members For Its 2026 Editorial Boards
Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.
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January 27, 2026
Fla. Panel Advances Stricter Caps On Assessment Increases
Florida's House tax-writing committee advanced a constitutional amendment Tuesday that would ask voters to place tighter limits on property assessment increases used to calculate nonschool property taxes.
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January 27, 2026
Avison Young To Market Miami Waterfront Development Site
Avison Young Inc. will work for a property seller to market an 80-acre mixed-use Miami waterfront development site that features a 315,000-square-foot office complex with three buildings, the global real estate adviser announced this week.
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January 27, 2026
Offit Kurman Beats Appeal In $40M Malpractice Suit
The Pennsylvania Superior Court has ruled that a lower court properly granted summary judgment in favor of Offit Kurman and two of its lawyers in a legal malpractice case.
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January 27, 2026
Md. Lawmaker Pitches Commercial Property Tax Hike Option
Maryland counties would benefit from a bill allowing them to establish a special subclass and tax rate for commercial and industrial property to finance transportation efforts and local education, a sponsor of the bill told a state House panel Tuesday.
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January 27, 2026
Corning Inks $6B Deal To Supply Data Center Components
Manufacturer Corning on Tuesday said it has reached an up to $6 billion deal to supply Meta with fiber optic cable components for use on data center projects.
Day Pitney's Real Estate Co-Chair Talks Boston CRE Market
More housing, including affordable and nonluxury units, and a cautious approach to tax policy can help Boston's commercial real estate market overcome the challenges it has faced in recent years, said the new co-chair of Day Pitney LLP's real estate practice.
Real Estate Attorneys Screwup Playbook
Real estate attorneys even at the highest echelons of the legal profession make mistakes, and how those mistakes are resolved can vary as much as how they arise.
Rescheduling Won't Ease Headaches For Cannabis Landlords
Smoking pot may soon become less legally perilous under federal law, but the risks of owning a marijuana farm or dispensary appear likely to remain, attorneys and experts say.
Expert Analysis
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What Fla. Trends Reveal About AI In Real Estate Development
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.
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NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid
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.
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What Changed For Healthcare Transaction Law In 2025
Though much of the legislation introduced last year to expand state scrutiny of healthcare transactions did not pass, investors should pay close attention to the overarching trends, which are likely to continue in this year's legislative sessions, say attorneys at Ropes & Gray.
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How Developers Can Harness New Texas Zoning Framework
A Texas law introducing a new zoning framework has the potential to unlock meaningful multifamily development opportunities, but developers and their project teams should follow four steps to help identify how affected cities are interpreting and implementing the new law, says Angela Hunt at Munsch Hardt.
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What To Know About NY's Drastic 3rd-Party Practice Changes
Last month, New York Gov. Kathy Hochul signed a law establishing new time limits for the commencement of third-party actions, which will have dramatic effects on insurance defense practice, particularly cases involving construction site accidents or claims of premises liability, says Shawn Schatzle at Lewis Brisbois.
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Expect A New Normal In Commercial Real Estate This Year
Even amid office vacancies and a wave of loan maturities, the commercial real estate market isn't as volatile as one might expect heading into 2026, but market stress is still uniquely intersecting with broader business challenges, creating new opportunities for corporate counsel and other practitioners beyond real estate, says Mark Bell at Stinson.
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For Data Centers, Both Hyperscale And Edge Are Key In 2026
Recent trends in development of data centers highlight the importance of proactive attention to the zoning, permitting, interconnection and contractual issues associated with both hyperscale and edge facilities, in order to position projects for responsible growth in 2026 and protect their long-term value amid rapid technological and regulatory change, say attorneys at Sidley.
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5 Lender Strategies When A Commercial Borrower Defaults
With an estimated $2 trillion in commercial real estate loans set to mature by 2027, now is an opportune time for lenders to review practices on both the front and back ends, and understand the full range of options available in the event of a default, says Keith Mundrick at Amundsen Davis.
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How Workforce, Tech Will Affect 2026 Construction Landscape
As the construction industry's center of gravity shifts from traditional commercial work to infrastructure, energy, industrial and data-hosting facilities, the effects of evolving technology and persistent labor shortages are reshaping real estate dealmaking, immigration policy debates and government contracting risk, say attorneys at Cozen O'Connor.
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Receivership Law May Streamline Real Estate Sales In Illinois
The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.
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How Choice Of Law Won The Day In NC Biz Court COVID Case
The North Carolina Business Court recently ruled for policyholders in Tanger Properties v. ACE American Insurance, a business interruption lawsuit arising from the pandemic-related closure of Tanger outlet centers, underscoring the significant role that choice of law plays in insurance coverage disputes, say attorneys at Hunton.
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The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations
Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.
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California Vapor Intrusion Policy Should Focus On Site Risks
As California environmental regulators consider whether to change the attenuation factor used in screenings for vapor intrusion, the most prudent path forward is to keep the current value for screening purposes, while using site-specific, risk-based numbers for cleanup and closure targets, says Thierry Montoya at Frost Brown.