Commercial
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April 23, 2026
Burtech's 2nd SPAC Eyes $100M IPO To Launch Deal Hunt
A blank-check company targeting industries such as hospitality, technology and real estate to raise up to $100 million in an initial public offering advised by Loeb & Loeb LLP, Norton Rose Fulbright LLP and Ogier.
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April 23, 2026
IRS Defends Ranch's Easement Deduction Disallowance
The Internal Revenue Service properly disallowed a partnership's nearly $26 million charitable deduction for a donated easement on a 110-acre pasture, the agency told the Eleventh Circuit, urging it to affirm the lower court's decision.
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April 23, 2026
Baltimore Attorney Pleads Guilty In Real Estate Sales Scheme
A Baltimore attorney has pled guilty to a federal bank fraud charge in connection with a real estate scheme that involved fake fees on property purchases inflated to deceive lenders.
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April 23, 2026
Prologis Goes Big On Data Centers In Q1
Real estate investment trust Prologis Inc. dove deeper into the digital infrastructure industry in the first quarter of 2026, deploying more capital into data centers than logistics properties, its historical focus, according to executives during the company's latest earnings call.
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April 22, 2026
Citizenship Questions Can't End Fraud Suit Against SL Green
A New York federal judge on Wednesday refused to toss a fraud suit accusing office-focused real estate investment trust SL Green Realty Corp. and several of its entities of conducting a fraudulent property transfer scheme in order to dodge a nearly $13 million judgment, ruling that allegations regarding the plaintiff's citizenship at the time it filed suit will have to be resolved later.
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April 22, 2026
Lockheed Birth Defect Trial Judge 'Disappointed' By Attys
A Florida federal judge said Tuesday he's "puzzled and disappointed" in counsel who appear "unprepared" on the eve of trial in a suit by children who blame their birth defects on Lockheed Martin's chemical handling practices at an Orlando defense system manufacturing and research facility.
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April 22, 2026
2nd Circ. Amends Revival Of Mortgage-Backed Securities Suit
The Second Circuit on Wednesday pulled back from a holding that mortgages underlying a union pension fund's mortgage-backed securities investments that tanked during the financial crisis were plan assets under federal benefits law in a proposed class action that the appellate court revived in March against Wells Fargo and Ocwen.
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April 22, 2026
Razzoo's Ch. 11 Plan Gets OK Following $18M Sale
A Texas bankruptcy judge Wednesday signed off on the Chapter 11 liquidation plan of Cajun food chain Razzoo's, months after the debtor sold its assets for more than $18 million to a Dallas-based restaurant developer.
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April 22, 2026
Judge Agrees To Confirm Office REIT's Ch. 11 Plan
A Texas bankruptcy judge said Wednesday he would sign off on the Chapter 11 plan outlined by Office Properties Income Trust, a real estate investment trust that owns and leases out office space nationwide, overruling objections to analyses backing the proposal.
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April 22, 2026
Mo. Airport Marriott Merits Lower Value, State Justices Affirm
A Missouri airport Marriott built on land owned by the city is subject to a reduced property value despite the assessor's protests that the reduced value is unconstitutional, the state Supreme Court affirmed.
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April 22, 2026
Stoel Rives Hires Transactional Partner In Seattle Office
Stoel Rives LLP has hired a Seattle-based partner with a transactional practice advising on corporate, investment and real estate matters.
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April 22, 2026
Data Center Development Faces A Shortage On People Power
The competition for hard hat workers and specialized equipment for data centers is fiercer than ever, drawing resources away from other sectors and creating challenges for industrial developers, according to a Duane Morris construction attorney.
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April 22, 2026
Judge Won't Delay Calif. Resort Developer's Ch. 11 Timeline
A Delaware bankruptcy judge Wednesday declined to override SilverRock Development's Chapter 11 timeline but cautioned that secured creditors' persistent concerns about a proposal to divvy up property sale proceeds may impact confirmation next month.
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April 22, 2026
Canyon Partners Lends $123.8M For Miami Apartment Project
Canyon Partners Real Estate LLC said Wednesday it has provided a $123.8 million senior loan to private equity firm ACRE to develop a 337-unit, Class A residential complex as the second phase of a project in Miami.
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April 22, 2026
Womble Bond Hires Ex-White & Case RE Atty For Partner Role
Womble Bond Dickinson has hired a former White & Case LLP partner who specializes in real estate financing and private capital market deals for a partner role in its New York City office, the firm recently announced.
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April 22, 2026
DHS Says Mich. Lacks Standing To Block Planned ICE Center
The U.S. Department of Homeland Security and its U.S. Immigration and Customs Enforcement agency are fighting back against a suit filed by Michigan and one of its cities in Michigan federal court over a planned ICE detention center, arguing that the plaintiffs lack standing and that the Immigration and Nationality Act allows the federal government to convert a local warehouse into an immigrant detention center.
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April 22, 2026
REIT Capital Offerings Downshift, As Deal Activity Rises
Real estate investment trusts raised approximately $10 billion via capital offerings in the first quarter of 2026, a slight decline from the prior year, even as mergers and acquisitions activity sped up, per a report from Nareit.
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April 22, 2026
Healthcare REIT Raises $462M In IPO Advised By 4 Firms
Healthcare-focused real estate investment trust National Healthcare Properties began trading Wednesday after raising $462 million in an initial public offering guided by Paul Weiss, Greenberg Traurig LLP, Sidley Austin LLP and Venable LLP.
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April 22, 2026
Why Insurance Capital Is Courting REITs
Private equity firms are looking to invest in joint ventures with real estate investment trusts in order to put some of their vast sum of insurance capital to work.
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April 22, 2026
Okla. Defines Entities Eligible For Development Tax Credits
Oklahoma defined entities that are eligible to receive income tax credits for capital contributions to qualified economic development and infrastructure projects under a bill signed by the governor.
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April 21, 2026
SEC Accuses Calif. Real Estate Fund Of Ponzi-Like Scheme
The CEO and former chief financial officer of a real estate fund manager agreed to settle SEC allegations that they misused millions from a fund they controlled, including by doling out over $15 million to investors "in Ponzi-like fashion" and improperly sending another $6 million to other companies they controlled.
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April 21, 2026
Norm Law Taps Ex-Sidley Partner To Lead Real Estate Team
AI-native law firm Norm Law LLP has hired Sidley Austin's former global head of real estate to lead its real estate practice as a partner, the firm announced Tuesday.
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April 21, 2026
Oregon Environmentalists Join ICE Detention Center Fight
An Oregon federal judge on Tuesday allowed two environmental groups to intervene as plaintiffs in a consolidated suit filed by the state and one of its cities, which are challenging a proposed federal immigrant detention center planned to be built near an airport.
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April 21, 2026
Warsh Rejects Claim He'd Be Trump's 'Sock Puppet' At Fed
Federal Reserve chair nominee Kevin Warsh sought at his Tuesday confirmation hearing to rebut Democratic accusations that he would be a White House "sock puppet," distancing himself from President Donald Trump's calls for rate cuts and downplaying their significance.
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April 20, 2026
COVID Not A 'Natural Disaster,' Wash. Panel Rules In Tax Case
A Washington state appeals court declined to revive a hotel trade group's class action seeking tax relief over the governor's COVID-19 emergency declaration in 2020, ruling Monday that the pandemic doesn't qualify as a "natural disaster" under state law.
Expert Analysis
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Del. Dispatch: Workplace Sexual Misconduct Liability In Flux
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.
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CFIUS Initiative May Smooth Way For Some Foreign Investors
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.
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How AI Data Centers Are Elevating Development Risk In 2026
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.
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Tips For Counsel As PE Eyes Data Center Facility Services
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.
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CFIUS Must Adapt To Current Foreign Investment Realities
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.
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Breaking Down Expense Allocation In Mixed-Use Properties
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.
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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.