Commercial

  • September 22, 2026

    NJ Fines Data Center $1M For 62 Unpermitted Generators

    New Jersey on Tuesday fined a data center more than $1 million after discovering dozens of large natural gas-powered generators operating without permits, the largest enforcement action ever taken against a data center in the Garden State, according to an announcement.

  • September 22, 2026

    Healthcare PE Firm Sues Real Estate PE Firm Over 'Ironleaf' TM

    Healthcare technology-focused private equity firm Ironleaf Capital LP is accusing real estate private equity firm Ironleaf Equity Partners LLC in Washington federal court of infringing its "Ironleaf" and "Ironleaf Capital" trademarks by being a similarly named private equity firm.

  • September 22, 2026

    Alston & Bird, Venable Guide DWS REIT's Planned Liquidation

    RREEF Property Trust, a real estate investment trust affiliated with Deutsche Bank's asset manager DWS, said its board of directors has approved a plan to liquidate its $203 million in assets and end operations following an increase in stockholder redemptions.

  • September 22, 2026

    MLS Owner, Developers Unveil Texas Mixed-Use District Plans

    FC Dallas owner Clark Hunt has partnered with Peak Curated Development and Venu Holding Corp. to build a mixed-use district near the Major League Soccer team's Toyota Stadium and Soccer Center in Frisco, Texas, according to a Tuesday announcement.

  • September 22, 2026

    Data Center Power Provider Accelevation Eyes $660M IPO

    Data center power provider Accelevation Holdings on Tuesday outlined a price range for an estimated $660 million initial public offering steered by Kirkland & Ellis LLP and Simpson Thacher & Bartlett LLP.

  • September 22, 2026

    AI Data Centers Accused Of Skirting Enviro Permits In Texas

    Two environmental groups sued Vantage and VoltaGrid in Texas federal court, claiming the artificial intelligence data center developers are exploiting fast-track permits reserved for minor polluters even though their projects would use as much power as about one-fifth of the homes in San Antonio.

  • September 21, 2026

    Summer Camp Operator Says Cash Advances Were Loans

    The insolvent company that ran dozens of summer camps in several states is asking a New Jersey bankruptcy judge to find the financing agreements it had entered shortly before it sought Chapter 11 protection were actually loans, instead of a true sale of future receivables, as a merchant cash advance provider has argued.

  • September 21, 2026

    Mich. City Says Data Center Moratorium Suit Is Premature

    A Michigan city has urged a federal judge to dismiss a lawsuit from developers that challenges a one-year moratorium on data center development, saying the pause doesn't represent a final land use decision that can be reviewed by a court.

  • September 21, 2026

    Lenders Say Baltimore Property Flips Fueled $10M Fraud

    Two wholesale asset-based mortgage lenders have accused a cadre of appraisers, title companies and real estate investors of passing off inflated appraisals on nearly 60 Baltimore homes and causing more than $10 million in loan losses.

  • September 21, 2026

    Latham, Milbank Guide AI Hyperscaler Nscale's IPO Plans

    United Kingdom-based Nscale, a Latham & Watkins LLP-advised data center developer, filed for an initial public offering, reporting that $88.4 billion in contracted work for its two largest customers, Microsoft and Anthropic, made up 83% of the company's backlog.

  • September 21, 2026

    Ready Capital Beats Investor Suit Over Real Estate Loan Woes

    A New York federal judge has tossed, with prejudice, a consolidated class action against real estate finance company Ready Capital Corp., finding that the suit "comes dangerously close to 'puzzle pleading'" and that there is no evidence the defendants committed fraud prior to revealing struggles in its commercial real estate loan portfolio.

  • September 21, 2026

    Ga. Property Owner, Insurer Wrap Up Roof Coverage Suit

    A commercial property owner and an insurance company told a Georgia federal judge Monday they had ended their legal battle over coverage for a storm-damaged roof.

  • September 21, 2026

    Ohio Justices Nix Data Center Voter Poll Over Citizen Suits

    The Ohio Supreme Court has rejected a proposed ballot question that would change the zoning code in Wilmington, Ohio, and expand residents' lawsuit powers to enforce standards for data center developments, in a decision following a proposed $4 billion Amazon Web Services project in the area.

  • September 21, 2026

    Willkie Hires Ex-Gibson Dunn Energy Pro In Paris

    Willkie Farr & Gallagher LLP has picked ex-Gibson Dunn & Crutcher LLP attorney Pauline Portos for an energy and infrastructure-focused partner role in its Paris office, the firm announced.

  • September 21, 2026

    Ex-NJ AG Platkin Says Suit Over RICO Case Still Falls Short

    Former New Jersey Attorney General Matthew Platkin says an amended malicious prosecution complaint against him, filed by a former CEO indicted in a now-dismissed racketeering case against South Jersey power broker George Norcross, still misses the mark.

  • September 21, 2026

    NYC Real Estate Week In Review

    Davis+Gilbert LLP and Hunton Andrews Kurth LLP are among the law firms that guided the top New York City real estate trades that hit public records last week, with a roughly $200 million Bronx deal topping the list.

  • September 21, 2026

    Real Estate Platform WT Realty Lands $600M SPAC Merger

    Real estate firm WT Realty Group is set to go public through a merger with special purpose acquisition company FortuneX Acquisition Corp. with an implied acquisition value of $600 million in a deal advised by Winston Taylor and Celine & Partners PLLC.

  • September 18, 2026

    2nd Auction Ends With No Bids For Historic Miami Courthouse

    Miami-Dade County has relisted its historic courthouse tower in downtown Miami after failing to receive a formal bid in an online auction for the second time Friday.

  • September 18, 2026

    USDA Disclosure Rule Could Snag Energy Project Deals

    Energy infrastructure projects could be subject to sweeping foreign ownership disclosure requirements under a proposed rule from the U.S. Department of Agriculture, injecting more uncertainty into acquisition, investment and development deals.

  • September 18, 2026

    NC Judge Exempts Data Center Developer From 1-Year Ban

    A state judge rejected a one-year moratorium on new data center projects that officials in Chatham County, North Carolina, enacted in February after a developer pitched a 750-megawatt project serving cryptocurrency mining operations, spending $11 million on the plan.

  • September 18, 2026

    DOI Says No Irreparable Harm In Casino Gaming Status Case

    A lawyer for the U.S. Department of the Interior told a D.C. federal judge on Friday that the Scotts Valley Band of Pomo Indians was warned several times not to rely on a 2025 gaming eligibility determination that the agency was reconsidering, but the band nevertheless went forward with opening a limited casino operation on the property.

  • September 18, 2026

    Ariz. Launches Tax-Exempt Bond Program For Infrastructure

    Arizona property owners may form special districts to issue tax-exempt bonds to fund public infrastructure under a program that has been launched pursuant to legislation passed in June, Gov. Katie Hobbs announced.

  • September 18, 2026

    SoHo Building Can Keep Control Of Chapter 11 Case

    A New York bankruptcy judge rejected a U.S. Trustee's Office request to appoint a trustee in the Chen Foundation's Chapter 11 as the bankrupt owner of a mixed use building in Manhattan's SoHo neighborhood looks to confirm a plan next month.

  • September 18, 2026

    Data Center Industry Fuels Demand For Legal Talent

    Law firms are bulking up their ranks with attorneys experienced in data center development, marking an ongoing front in legal talent battles as firms strive to meet client demand in the fast-growing digital infrastructure industry.

  • September 18, 2026

    NJ Flags Possible Unauthorized ICE Activity At Warehouse

    New Jersey and a local township told a federal court that they are investigating reports of U.S. Immigration and Customs Enforcement using a 470,000-square-foot warehouse as a detention center, which would violate a court order.

Expert Analysis

  • How Developers Can Harness New Texas Zoning Framework

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    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.

  • What To Know About NY's Drastic 3rd-Party Practice Changes

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    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.

  • Expect A New Normal In Commercial Real Estate This Year

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    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.

  • For Data Centers, Both Hyperscale And Edge Are Key In 2026

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    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.

  • 5 Lender Strategies When A Commercial Borrower Defaults

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    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.

  • How Workforce, Tech Will Affect 2026 Construction Landscape

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    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.

  • Receivership Law May Streamline Real Estate Sales In Illinois

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    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.

  • How Choice Of Law Won The Day In NC Biz Court COVID Case

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    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.

  • The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

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    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.

  • California Vapor Intrusion Policy Should Focus On Site Risks

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    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.

  • What To Watch As NY LLC Transparency Act Is Stuck In Limbo

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    Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.

  • Power Market Reforms Push Data Center Lease Rates Higher

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    Rising demand, constrained supply and ongoing reforms, amid a rush for reliable, near-term computing capacity, are putting pressure on data center leasing renewal rates in large markets such as the Electric Reliability Council of Texas and PJM Interconnection Inc., say attorneys at Weil.

  • Courts Stay Consistent In 'Period Of Restoration' Rulings

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    Three recent rulings centering on the period of restoration in lost business income claims followed the same themes in interpreting this infrequently litigated, but highly consequential, provision of first-party property and time element insurance coverage, say attorneys at Zelle.