Commercial

  • March 18, 2026

    Chancery Keeps Philly Developer In Control Of Bourse Project

    The Delaware Chancery Court on Wednesday kept a Philadelphia developer in control of a high-profile redevelopment of the historic Bourse building, ruling that the company should remain in charge while a fast-moving dispute over its alleged ouster is litigated.

  • March 18, 2026

    Ill. Panel Suggests Suspension Of Atty Over Fraud

    An Illinois attorney disciplinary panel has recommended a five-month suspension for a southern Illinois criminal defense lawyer after finding that he knowingly participated in fraudulent real estate loan transactions and helped another attorney carry out the scheme.

  • March 18, 2026

    Fla. Lawmakers Expanded Housing Efforts In Slow Session

    At a time when housing affordability is a major concern among constituents, Florida state lawmakers produced mixed results in the realm of real estate during their 2026 session, taking some significant actions but also not reaching consensus on numerous proposals, including the most prominent — property tax reform.

  • March 18, 2026

    SL Green Sells FiDi Apartments To REIT For $223M

    Office landlord SL Green Realty Corp. said it has agreed to sell the residential and retail components of its 7 Dey St. property in Manhattan's Financial District to Go Residential Real Estate Investment Trust for $222.6 million.

  • March 18, 2026

    Idaho Expands Short-Term Rental Tax Obligations

    Idaho short-term and vacation rental property owners must adhere to local tax rules for rental marketplaces even if they don't do business through a marketplace under a bill signed by the governor.

  • March 18, 2026

    Report: Data Centers Loom Large, But Investors Are Cautious

    Investor optimism for commercial real estate remains high in 2026 and data centers are seen as having the biggest impact on the market this year, although investors are cautious about doing new deals, according to a Seyfarth Shaw LLP survey out this week.

  • March 18, 2026

    Holland & Knight Pro Eyes Data Center Moratorium Bills

    New York lawmakers are looking to buy time to prepare for data centers with a moratorium bill introduced in the state legislature last month, but even a brief pause may push development to other states or other countries, said a Holland & Knight LLP land use partner.

  • March 18, 2026

    2 Firms Lead Audax's Buy Of Property Management Co. AKAM

    Troutman Pepper Locke LLP and Ropes & Gray LLP advised on a recent deal that saw Audax Private Equity acquire AKAM — a property management and real estate firm serving condominiums, cooperatives and homeowner associations — from private equity firm Nautic Partners.

  • March 18, 2026

    Meta Inks 10-Year Lease For Vornado NYC Townhouse

    Meta has signed a 10-year lease for a New York City townhouse where the company plans to open a flagship Manhattan retail location, landlord Vornado Realty Trust announced March 18.

  • March 18, 2026

    Del. Allows County Subpoena Of Witnesses For Assessments

    Delaware authorized its counties to subpoena witnesses and evidence under certain conditions in disputes over nonresidential real property's assessed value as part of a bill signed by the governor.

  • March 17, 2026

    Judge Blasts Admin For Shifting White House Project Claims

    A D.C. federal judge blasted top administration attorneys Tuesday for "shifting theories" of authority for the White House's East Wing ballroom project, saying the administration was likely looking for "an escape hatch" to avoid an injunction and promised to try to rule before above-ground work begins next month.

  • March 17, 2026

    Private School Founder Forged Letter Of Credit, Suit Says

    The now-suspended founder and director of a group of private primary schools in Boston and Providence, Rhode Island, used a bogus letter of credit to execute a $12.5 million lease, which the landlord discovered after the school abandoned its expansion plan amid public opposition, a lawsuit filed in Massachusetts state court alleges.

  • March 17, 2026

    NYC Condo Board Ch. 11 Should Be Tossed, Rival Group Says

    The residential board for a Times Square hotel and residential tower asked a New York bankruptcy judge to toss the Chapter 11 case started by the building's condominium association, with the former accusing the latter of using bankruptcy to gain an advantage in litigation.

  • March 17, 2026

    Mich. Judge Denies SEC Win On Crowdfund Fraud, Urges Deal

    A Michigan federal judge Tuesday shot down the U.S. Securities and Exchange Commission's bid for summary judgment against a man the agency accused of orchestrating a $2 million cannabis crowdfunding fraud, finding the case might be better suited for settlement talks.

  • March 17, 2026

    Conn. Panel Mostly Affirms $16.8M Building Permit Verdict

    A Connecticut appeals court on Tuesday affirmed most of a $16.8 million recklessness verdict favoring the owners of a party goods store against the city of Danbury for permitting, inspecting and clearing for occupancy a 30,000-square-foot building that violated city codes and could have collapsed during use.

  • March 17, 2026

    Ind. Bars Granting Tax Credits To Foreign Adversary Entities

    Indiana prohibited the awarding of various tax credits to entities organized under the laws of countries deemed to be foreign adversaries under a bill signed by the governor.

  • March 17, 2026

    Pa. Schools' Property Appeal Policy Ruled Unconstitutional

    A Pennsylvania school district's policy of only appealing property assessments over $500,000, which resulted in appeals involving several properties owned by a mall, violates the state's constitution, an appeals court affirmed Tuesday.

  • March 17, 2026

    Fried Frank Steering Extell's Manhattan Tower Project

    Extell Development is moving forward with plans to demolish the shuttered Wellington Hotel in Midtown Manhattan to make room for a new supertall mixed-use tower, with Fried Frank guiding the company on land use matters.

  • March 17, 2026

    Miss. Expands Energy Project Tax Break To Battery Systems

    Mississippi will offer energy storage facilities that use battery energy storage systems a property tax break for energy projects under a bill signed by the governor.

  • March 17, 2026

    Australian Trust Anchors $330M For Nuveen Retail Fund

    Investment manager Nuveen Real Estate said Tuesday that it has raised $330 million for a fund targeting grocery-anchored neighborhood retail properties with an anchor commitment from three Australian superannuation funds.

  • March 16, 2026

    NJ Justices Question Eminent Domain Use In Land Swap

    New Jersey high court justices on Monday appeared skeptical that the township of Jackson properly used eminent domain when it combined condemned land with other public property in an exchange for land intended for use as open space.

  • March 16, 2026

    NYC Real Estate Week In Review

    Harfenist Kraut and Windels Marx are among the law firms that steered the largest New York City real estate deals that became public last week, with trades in Queens and Manhattan leading the way.

  • March 16, 2026

    SoHo Building In NYC Hits Ch. 11, Owing $30M

    The owner of a mixed-use building in Manhattan's SoHo neighborhood has filed for Chapter 11 bankruptcy with more than $30.6 million in liabilities, according to a petition filed in New York bankruptcy court.

  • March 16, 2026

    Tenn. Expands Property Tax Assessment Division's Duties

    Tennessee expanded the duties of the state comptroller's office's division of property assessments under a bill signed by the governor.

  • March 16, 2026

    Peachtree Lends $103M For Miami Convention Center Hotel

    Peachtree Group has originated a $103 million bridge loan to finance the redevelopment of a historic hotel site in Miami Beach, the Atlanta-based real estate firm said Monday.

Expert Analysis

  • 2 NY Cases May Clarify Foreclosure Law Retroactivity

    Author Photo

    Two pending cases may soon provide the long-awaited resolution to the question of whether retroactive application of the New York Foreclosure Abuse Prevention Act violates the state Constitution, providing a guide for New York courts inundated with motions in foreclosure and quiet title actions, says Fernando Rivera Maissonet at Hinshaw & Culbertson.

  • A Look At Florida's New Protected Series LLC Legislation

    Author Photo

    A new law in Florida enhances the flexibility of using limited liability companies as the entities of choice for most privately held businesses, moving Florida into a small group of states with reliable uniform protected series legislation for series LLCs, says Louis Conti at Holland & Knight.

  • How Trump's Trade Policies Are Shaping Foreign Investment

    Author Photo

    Five months into the Trump administration, investors are beginning to see the concrete effects of the president’s America First Investment Policy as it presents new opportunities for clearing transactions more quickly, while sustaining risk aversion related to Chinese trade and potentially creating different political risks, say attorneys at Covington.

  • Bill Leaves Renewable Cos. In Dark On Farmland Reporting

    Author Photo

    A U.S. Senate bill to update disclosure requirements for foreign control of U.S. farmland does not provide much-needed guidance on how to report renewable energy development on agricultural property, leaving significant compliance risks for project developers, say attorneys at Hodgson Russ.

  • Observations On 5 Years Of Non-Notified CFIUS Inquiries

    Author Photo

    Since 2020, the Committee on Foreign Investment in the United States has identified and investigated covered cross-border transactions not formally notified to CFIUS, and a look at data from 50 non-notified matters during that time reveals the general dynamics of this enforcement function, say attorneys at Cooley.

  • How States Are Taking The Lead On Data Center Regulation

    Author Photo

    While support for data center growth is a declared priority for the current administration, federal data center policy has been slow to develop — so states continue to lead in attracting and regulating data center growth, say attorneys at Steptoe.

  • Texas Bill Could Still Boost Property Rights In Gov't Disputes

    Author Photo

    The passage of a bill in Texas that would provide litigants with access to a greater swath of judicial remedies in immunity disputes with government entities and officials would be an invaluable boon for property rights, says Nathan Vrazel at Munsch Hardt.

  • Indemnity Lessons From Mass. Construction Defect Ruling

    Author Photo

    The Massachusetts high court's decision in Trustees of Boston University v. CHA, holding that a bespoke contractual indemnity provision means that a construction defect claim is not subject to Massachusetts' statute of repose, should spur design and construction professionals to negotiate limited provisions, says Christopher Sweeney at Conn Kavanaugh.

  • 4 Strategies For De-Escalating Hospitality Industry Disputes

    Author Photo

    As recent uncertainty in the travel business exacerbates the risk of conflict in the hospitality sector, industry in-house counsel and their outside partners should consider proactive strategies aimed at de-escalating disputes, including preserving the record, avoiding boilerplate clauses and considering arbitration, say Randa Adra at Crowell and Stephanie Jean-Jacques at Hyatt.

  • SEC Signals Opening For Private Fund Investment Reform

    Author Photo

    At SEC Speaks in late May, the U.S. Securities and Exchange Commission made clear that it's considering allowing registered funds of private funds to be offered broadly to true retail investors, meaning existing funds should review their disclosures focusing on conflicts of interest, liquidity and fees, say attorneys at Stradley Ronon.

  • Unicoin Case Reveals SEC's Evolving Enforcement Posture

    Author Photo

    The U.S. Securities and Exchange Commission's recent fraud allegations against cryptocurrency company Unicoin send a clear message that while the Trump administration supports digital asset development, it will act decisively against deception, inflated valuations and false assurances, says David Zaslowsky at Baker McKenzie.

  • Opportunity Zone Revamp Could Improve The Program

    Author Photo

    If adopted, the budget bill's new iteration of the opportunity zone program could renew, refine and enhance the effectiveness and accountability of the original program by including structural reforms, expanded eligibility rules and incentives for rural investment, say attorneys at Pillsbury.

  • Review Risk Is Increasing For Foreign Real Estate Developers

    Author Photo

    Federal and state government efforts have been expanding oversight of foreign investment in U.S. real estate, necessitating careful assessment of risk and of the benefits of notifying the Committee on Foreign Investment in the United States, say attorneys at Troutman.