Commercial
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January 08, 2026
Benefit Street Partners Closes $10B Multifamily-Focused Fund
Asset manager Benefit Street Partners said on Jan. 8 it has closed its latest fund at $10 billion, with Ropes & Gray LLP advising, with the fund targeting U.S. commercial real estate investments with a focus on the multifamily sector.
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January 07, 2026
NC Judge Warns Of 'Pandora's Box' In Shareholder Row
A North Carolina business court judge Wednesday cautioned counsel for a discharged director of a real estate and insurance company against potentially "opening Pandora's Box" as he argued that his client was targeted by his fellow directors — and family members — due to his age, but can be protected as an employee under state and federal law.
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January 07, 2026
2 Firms Guide BXP, Starr's Manhattan Office Lease Deal
Developer and property owner BXP Inc. has signed up commercial insurance giant Starr for a 20-year, 275,000-square-foot lease at a 930,000-square-foot Midtown Manhattan office tower in a deal guided by Skadden Arps Slate Meagher and Flom LLP and Fried Frank Harris Shriver & Jacobson LLP, the developer announced Wednesday.
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January 07, 2026
Windels Marx Guides $112M Brooklyn Hotel Refi
Ace Hotel Brooklyn owners GRI Capital Resources Group Inc. and Spruce Capital Partners landed a $112.5 million loan from Torchlight Investors to refinance the 287-room Brooklyn hotel, guided by Windels Marx Lane & Mittendorf LLP.
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January 07, 2026
Rosenberg Hires White & Case Atty For Hospitality Team
Rosenberg & Estis PC hired a former White & Case LLP partner to be the leader of its hospitality group and a member of its transactions group in New York City, the firm announced.
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January 07, 2026
NJ Town Blasts 'Litigation Tactic' In Mall Sunday Sales Suit
The New Jersey borough that's home to the American Dream megamall has asked a state judge to dismiss another municipality's lawsuit challenging Sunday sales there, arguing that the complaint failed to articulate any legally cognizable claim against the borough.
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January 07, 2026
Ind. House Bill Would Stop Property Taxes And Assessments
Indiana would bar political subdivisions from assessing and taxing tangible property and instead allow school corporations to impose an annual fee to attempt to make up revenue under a bill introduced in the state House of Representatives.
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January 07, 2026
Real Estate Trust Sues In Del. To Contest LP Sale Demands
A CapStack Partners real estate investment fund and affiliate sued Wednesday for a Delaware Court of Chancery ruling supporting its refusal to cash out non-liquid assets to accommodate limited partner withdrawal requests, arguing that the two parties' agreement bars the move.
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January 07, 2026
Healthpeak Tees Up IPO Plans For Senior Housing REIT
Healthpeak Properties Inc. said Wednesday it submitted plans to regulators for the formation of a real estate investment trust dedicated to senior housing and the launching of an initial public offering for the company.
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January 07, 2026
EQT Buys LA Industrial Property In $51.5M Leaseback Deal
EQT Exeter Real Estate Income Trust announced on Wednesday that it has acquired an industrial property in a supply-constrained Los Angeles submarket through a $51.5 million sale-leaseback deal with a food and beverage company.
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January 07, 2026
Ind. Bill Seeks Uniform Assessments Regardless Of Owner
Indiana would require that all tangible property and agricultural land be assessed in a uniform manner regardless of the owner under a bill introduced in the state House of Representatives.
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January 07, 2026
3 Firms Guide Apollo's $3.5B Data Center Financing
Apollo-managed funds and affiliates provided $3.5 billion to a fund managed by Valor Equity Partners, a financing arranged by Latham & Watkins, Proskauer Rose and Sullivan & Cromwell that will back the acquisition and lease of data center infrastructure to Elon Musk's xAI Corp.
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January 07, 2026
Simpson Thacher Advises As Data Center Biz Gets $1.9B
Investment firm KKR and private equity firm Oak Hill Capital on Wednesday said they will contribute approximately $1.9 billion in investments for European data center company Global Technical Realty, with Simpson Thacher & Bartlett LLP advising.
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January 07, 2026
Tracking The Data Center Bonanza Happening Around The US
Work is underway around the country on billion-dollar data center projects that kicked off in 2025, as developers aim to build capacity and infrastructure to meet booming demand for artificial intelligence technology.
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January 07, 2026
Real Estate Attorneys Keep Clients Close Amid Volatility
Attorneys guided clients through a volatile commercial real estate market last year, boosted by data centers, an office rebound, stronger fundraising and commercial mortgage-backed securities issuance, and they found ways to strengthen ties to clients along the way.
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January 07, 2026
Commercial Real Estate Cases To Watch In 2026
Antitrust cases, casino disputes and legal clashes involving real estate investment trusts are among the major commercial real estate cases that attorneys should keep an eye on in 2026.
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January 07, 2026
Attorneys Voice Optimism For Private Equity Real Estate In '26
The coming year is shaping up to be an active one for private investment in real estate, with more take-private deals and transactions involving private credit, data centers and opportunity zones likely to come, although fundraising may continue to pose a challenge for some players, attorneys said.
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January 06, 2026
Ciminelli Walks As 10-Year Buffalo Billion Fraud Case Ends
The long and contentious corruption case against New York developer Louis Ciminelli and others that led to a landmark U.S. Supreme Court ruling on fraud came to a close Tuesday, after he pled guilty and was sentenced to no time in prison.
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January 06, 2026
Miller Canfield Atty Returns To Honigman's Detroit Area Office
Kasturi "Kas" Bagchi, formerly a principal at Miller Canfield Paddock & Stone PLC, has returned to Honigman LLP as a partner in the firm's transactional and real estate finance practice group in Bloomfield Hills, a suburb of Detroit, according to an announcement made Tuesday.
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January 06, 2026
Vectra Bank Claims Lending Co. Owes $4.5M
Vectra Bank has accused a Colorado-based commercial finance company and two related business entities in state court of defaulting on a $6.5 million loan and said they now owe the bank more than $4.5 million.
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January 06, 2026
Silverman Group Nabs $203M Mid-Atlantic Industrial Portfolio
Silverman Group has acquired a $203 million industrial portfolio consisting of 50 buildings spanning Maryland and Northern Virginia in an off-market purchase from an unnamed seller, per an announcement from seller-side broker Newmark Group Inc. on Tuesday.
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January 06, 2026
3 Firms Shape $562M Financing For DC Office Conversion
Developer Post Brothers has secured a $562 million financing package from Nuveen Green Capital and Mavik Capital Management for an office-to-residential conversion project in Washington, D.C., with counsel from Klehr Harrison Harvey Branzburg LLP, Dechert LLP and Paul Hastings LLP, according to property records.
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January 06, 2026
Boscov's Tenant Sues Over Del. Mall Tax Reimbursements
A company that runs a Boscov's department store in a Newark, Delaware, shopping center has claimed in Delaware state court that the property's landlord forced the company to overpay tax reimbursements.
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January 06, 2026
Rick Perry's AI Energy Co. Hit With Post-IPO Lawsuit
An artificial intelligence infrastructure company co-founded by former Texas Gov. Rick Perry is facing a proposed class action accusing it of overselling its key development in order to secure $745.7 million through an initial public offering.
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January 06, 2026
NJ Bill Aims To Earmark $2.5B In Development Tax Credits
New Jersey would earmark $2.5 billion in economic development tax credits, with up to $300 million designated for sports and entertainment projects, as part of a bill introduced in the state Assembly.
Expert Analysis
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Navigating FEMA Grant Program For Slope Fixes After Storms
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.
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Smith's New Trump Indictment Is Case Study In Superseding
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.
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Consider Best Legal Practices For Commissioning Public Art
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.
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Applying High Court's Domestic Corruption Rulings To FCPA
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.
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Climate Among Many Factors Driving Up RE Insurance Costs
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.
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Bid Protest Spotlight: Debriefings, Timeliness, Documentation
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.
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A Look At Recent Case Law On Expedited Judgment In NY
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.
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Dealmaker Lessons From CFIUS' New Enforcement Webpage
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.
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Reassessing Lease Provisions To Account For ESG Initiatives
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.
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Avoid Getting Burned By Agencies' Solar Financing Spotlight
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.
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Co-Tenancy Clause Pointers For Shopping Center Landlords
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.
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Assessing Algorithmic Versus Generative AI Pricing Tools
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.
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Navigating A Potpourri Of Possible Transparency Act Pitfalls
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.