Commercial

  • March 20, 2026

    Taxation With Representation: Clifford Chance, Davis Polk

    In this Week's Taxation With Representation, Public Storage acquires National Storage Affiliates Trust, 3M teams up with Bain Capital to buy Madison Fire & Rescue, and Mastercard acquires stablecoin infrastructure firm BVNK.

  • March 20, 2026

    Realty Income, Apollo Target Single-Tenant Retail In $1B JV

    Under a joint venture, private equity firm Apollo Global Management has agreed to invest $1 billion with real estate investment trust Realty Income Corp. to acquire a portfolio of single-tenant retail properties subject to long-term leases.

  • March 20, 2026

    Covington Steers Ecolab On $4.75B Data Center Cooling Deal

    Ecolab said Friday it has agreed to acquire CoolIT Systems, a company focused on liquid cooling technology for artificial intelligence data centers, from private equity firm KKR for approximately $4.75 billion, with Covington & Burling LLP advising Ecolab on the deal. 

  • March 20, 2026

    Prologis' Rookie CLO Earned Nearly $5M In 2025

    The chief legal officer of real estate investment trust Prologis Inc. earned total compensation of nearly $5 million in her first year on the job, according to a March 19 securities filing.

  • March 19, 2026

    New Polluter Pay Bills Center AG Action On Insurance Costs

    Recent bills would give attorneys general in three states more power to sue fossil fuel companies over climate change-related insurance costs. Such lawsuits would likely face challenges.

  • March 19, 2026

    Calif. Resort Developer SilverRock Files Ch. 11 Plan

    The developer of a California resort project has proposed a new Chapter 11 plan and disclosure statement in Delaware bankruptcy court, seeking permission to solicit votes on a plan that will likely impair most secured creditors.

  • March 19, 2026

    Secret's Out: Microsoft To Discontinue Data Center NDAs

    Microsoft will no longer use nondisclosure agreements for new data centers and is in the process of terminating its active NDAs globally, the company said.

  • March 19, 2026

    Prologis, GIC Ink $1.6B Build-To-Suit Logistics JV

    Logistics real estate leader Prologis and investor GIC announced that they have formed a $1.6 billion joint venture to develop and own build-to-suit logistics facilities across major U.S. markets.

  • March 19, 2026

    Merger Expands PE JV's Marina Portfolio Across Fla.

    A joint venture of Dallas, Texas-based Suntex Marina Investors and private equity firm Centerbridge Partners announced a merger with a portfolio of 13 marinas held by Florida-based owner Windward.

  • March 18, 2026

    States Push To Rein In Data Centers Via Bans, Restrictions

    Lawmakers across the country are weighing a gamut of rules for data center projects amid concerns about their use of resources and impacts on consumer electricity bills, including mulling temporary bans on development and repeals of tax breaks in states with big markets.

  • March 18, 2026

    Fed Keeps Rates Steady, To Dismay Of Most In Real Estate

    The Federal Reserve on Wednesday voted to keep interest rates steady, dashing any hope the real estate market had for a reduction in interest rates to bring down the cost of borrowing, boost prices and drive transactions.

  • 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.

Expert Analysis

  • A Look At Recent Case Law On Expedited Judgment In NY

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    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.

  • Dealmaker Lessons From CFIUS' New Enforcement Webpage

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    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.

  • Reassessing Lease Provisions To Account For ESG Initiatives

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    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.

  • Avoid Getting Burned By Agencies' Solar Financing Spotlight

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    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.

  • Co-Tenancy Clause Pointers For Shopping Center Landlords

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    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.

  • Assessing Algorithmic Versus Generative AI Pricing Tools

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    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.

  • Navigating A Potpourri Of Possible Transparency Act Pitfalls

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    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.

  • Keys To Successful Commercial Property Insurance Claims

    Excerpt from Practical Guidance
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    While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.

  • Tips For Handling Single Asset Real Estate Bankruptcy Cases

    Excerpt from Practical Guidance
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    Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset real estate debtor Chapter 11 cases, which generally arise when a debtor is forced to file for relief to stop an impending foreclosure sale.

  • Increased Scrutiny Raises Int'l Real Estate Transaction Risks

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    Recently proposed regulations expanding the Committee on Foreign Investment in the United States' oversight, a White House divestment order and state-level legislative efforts signal increasing scrutiny of real estate transactions that may trigger national security concerns, say Luciano Racco and Aleksis Fernández Caballero at Foley Hoag.

  • Portland's Gross Receipts Tax Oversteps City's Authority

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    Recent measures by Portland, Oregon, that expand the voter-approved scope of the Clean Energy Surcharge on certain retail sales eviscerate the common meaning of the word "retail" and exceed the city's chartered authority to levy tax, say Nikki Dobay at Greenberg Traurig and Jeff Newgard at Peak Policy.

  • Proposed Law Would Harm NYC Hospitality Industry

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    A recently proposed New York City Law that would update hotel licensing and staff coverage requirements could give the city commissioner and unions undue control over the city's hospitality industry, and harm smaller hotels that cannot afford full-time employees, says Stuart Saft at Holland & Knight.

  • Class Actions At The Circuit Courts: August Lessons

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    In this month's review of class action appeals, Mitchell Engel at Shook Hardy considers certification cases touching on classwide evidence of injury from debt collection practices, defining coupon settlements under the Class Action Fairness Act, proper approaches for evaluating attorney fee awards in class action settlements, and more.