Commercial

  • July 28, 2026

    Texas Judge Calls Late Bid To Disqualify Atty 'Dilatory Tactic'

    A Texas federal judge on Tuesday denied a request to disqualify an attorney representing the former chief executive of a real estate company related to the late mogul Gene Phillips, saying the attempt to knock out the attorney came way too late in the game.

  • July 28, 2026

    Montgomery McCracken Must Face Suit Over NJ College Move

    A New Jersey state judge on Tuesday declined to dismiss Rider University's lawsuit alleging Montgomery McCracken Walker & Rhoads LLP's negligence caused it to forfeit a property worth $42 million, ruling from the bench that the school adequately alleged it relied on guidance from one of its attorneys.

  • July 28, 2026

    SocGen Beats DC Landlord's Suit Over Failed $29M Loan

    A Washington, D.C., federal judge on Tuesday dismissed a lawsuit by a property owner that claimed Société Générale Financial Corp. wrongfully backed out of a planned $29 million loan to refinance a Washington building, ruling that the parties' signed term sheet was only a preliminary negotiating document and not a binding promise to lend.

  • July 28, 2026

    Calif. Warns SEC Against Preempting State REIT Registration

    California is urging the U.S. Securities and Exchange Commission not to adopt a proposal that could free certain real estate investment trusts and business development companies from registering with the states, saying it could leave retirees and the elderly vulnerable to fraud.

  • July 28, 2026

    4 Firms Guide Meta, BlackRock's $14B Data Center Project

    Meta and BlackRock are teaming up to develop a $14 billion, 1-gigawatt data center campus in El Paso, Texas, with guidance from Latham, Eversheds Sutherland, Kirkland and Milbank, the companies announced Tuesday.

  • July 28, 2026

    Colo. Sports Complex Owner Files Ch. 11 With $100M+ Debt

    Future Legends LLC, the owner of a sports complex in Colorado, has filed for Chapter 11 protection in California with $100 million to $500 million in liabilities following legal battles with a local government, its lenders and the second-division U.S. men's soccer league, according to court filings.

  • July 28, 2026

    Pa. Panel Narrows Test For Tax Exemption On Charities' Land

    A Pennsylvania appeals court panel held Tuesday that the Salvation Army was wrongly denied a real estate tax exemption for an outdoor retreat by the organization, saying that the entire property was operated in keeping with the group's charitable mission.

  • July 28, 2026

    Debevoise Taps Real Estate Leader With Chair Moving To GC

    Debevoise & Plimpton LLP said Tuesday that the longtime chair of its real estate division will take over as general counsel, in an announcement also naming the new leader of the practice group.

  • July 27, 2026

    Bankrupt Summer Camps Owner Says Brother Handled Loans

    David Shabsels, who listed $782 million of liabilities in his personal Chapter 11 bankruptcy case, said Monday he often signed loan documents that were given to him by his brother, against whom he may have future claims related to the downfall of the summer camp empire they previously controlled.

  • July 27, 2026

    Fertilizer Biz Asks Justices To Reverse Idaho Tribal Land Swap

    An Idaho agribusiness is asking the U.S. Supreme Court to undo a Ninth Circuit decision that invalidated a U.S. Department of the Interior land transfer over tribal concerns of contamination from a planned fertilizer plant expansion, arguing the ruling undermines the country's food security, thousands of jobs and millions in economic activity.

  • July 27, 2026

    EOS Lends $140M To Refinance Fla., Colo. Hotel Portfolio

    New York-based EOS Investors on Monday said its hospitality lending arm provided $140 million to refinance a portfolio of three hotels in Colorado and Florida owned by a KSL Capital Partners affiliate.

  • July 27, 2026

    Long Beach Hotel Renovation Co. Inks $80M Deal With Lender

    An entity used to renovate a century-old Long Beach, California, hotel reached an $80.8 million settlement with a New York lender in federal bankruptcy court after filing for Chapter 11 protection last fall.

  • July 27, 2026

    NC, Barings Unveil Expanded $2.1B Investment Partnership

    Alternative asset management company Barings and the North Carolina Investment Authority announced Monday that they have agreed to grow their partnership with $2.1 billion worth of investments.

  • July 27, 2026

    NYC Real Estate Week In Review

    Patterson Belknap and Lavian LLP landed work on two of the largest New York City real estate deals that became public last week, with a pair of residential trades topping the list.

  • July 27, 2026

    Brookfield, Nvidia Commit $10B To Korea AI Expansion

    Korean internet company Naver is set to receive $9 billion from investment manager Brookfield and $1 billion from artificial intelligence chipmaker Nvidia as part of an AI infrastructure push announced during a Monday visit to the U.S. by Korea's president.

  • July 24, 2026

    No Prison For Ex-COO In $284M Ariz. Sports Park Bond Fraud

    A Manhattan federal judge on Friday declined to sentence the former chief operating officer of a massive Arizona sports complex to prison over his role in a $284 million bond fraud scheme orchestrated by the project's developer and his son, citing the executive's prompt and significant cooperation with prosecutors.

  • July 24, 2026

    Zimbabwe Must Honor $441M Land-Seizure Arbitration Awards

    A D.C. federal judge on Friday enforced $441 million in arbitral awards issued to European investors whose property in Zimbabwe was seized under a controversial program aimed at returning land to the Indigenous population, pointing to the court's limited mandate for reviewing such awards.

  • July 24, 2026

    Ex-DLA Piper Tax Partner Rejoins Gibson Dunn

    Former DLA Piper partner James Manzione has returned to Gibson Dunn & Crutcher LLP as a tax partner in its New York City office.

  • July 24, 2026

    Amundsen Davis Sued For Malpractice Over Nobu Hotel Case

    Amundsen Davis is facing a lawsuit in Illinois federal court from the romantic partner of a construction executive convicted of misusing millions intended for Chicago's Nobu Hotel, alleging the firm failed to notify her of a roughly $750,000 turnover judgment entered against her personally before the window to appeal expired.

  • July 24, 2026

    Cornerstone, Old Republic Partly Settle $9.8M Coverage Suit

    A building products manufacturer has settled its coverage dispute with Old Republic Insurance Co., though its claims against Berkshire Hathaway Specialty Insurance Co., seeking $9.8 million in coverage for defense and settlement costs in other litigation, remain unresolved.

  • July 24, 2026

    Surgery Partners Stake Sale Values Idaho Hospitals At $1.2B

    Surgery Partners, an owner and operator of short-stay surgical facilities, said Friday it has reached a deal to sell its stake in two Idaho hospitals for nearly $800 million to Salt Lake City, Utah-based Intermountain Health.

  • July 24, 2026

    Taxation With Representation: Kleinberg Kaplan, Baker Botts

    In this week's Taxation With Representation, Brookfield Asset Management acquires Aypa Power from funds managed by Blackstone Energy Transition Partners, Brookfield and Canada Pension Plan Investment Board buy LXP Industrial Trust, and Novagold Resources Inc. and Paulson Advisers LLC agree to give Novagold full ownership of Donlin Gold LLC.

  • July 24, 2026

    Cushman & Wakefield 401(k) Climate Risk Suit Shipped To Ill.

    A proposed class action accusing commercial real estate services giant Cushman & Wakefield of mismanaging its 401(k) plan by including a fund that ignores climate change-related financial risks has been transferred to Illinois federal court by a Washington federal judge, according to a recently filed order.

  • July 24, 2026

    WDP, Argan To Create $14.8B European Logistics RE Giant

    Belgian warehouse landlord WDP and French logistics real estate investment trust Argan have agreed to combine in a deal that will create one of Europe's largest logistics REITs, with a portfolio exceeding €13 billion ($14.78 billion). 

  • July 24, 2026

    REST Denied Injunction On Sale Of Dexus-Led Airport Stake

    A New South Wales Supreme Court judge on Friday refused REST Infrastructure Trust's bid for an injunction against the sale of its portion of a roughly $4 billion Dexus-led stake in Melbourne and Launceston airports pending appeal, after REST refused to take responsibility for all related damages if the appeals failed.

Expert Analysis

  • What New Fla. Citizens Bill Means For Surplus Lines Insurers

    Author Photo

    A Florida bill recently passed by the Legislature as part of a continued effort to depopulate Citizens Property Insurance, the state's insurer of last resort, creates an additional pathway for commercial policies to be written by surplus lines insurers, but also presents concerns of unnecessary regulation, say attorneys at Troutman.

  • Navigating The Perks Of Qualified Opportunity Zones 2.0

    Author Photo

    The second iteration of the qualified opportunity zone program, effective Jan. 1, 2027, will introduce new tax incentives for rural real estate development, but these benefits can only be realized if proper governance is a priority, including clear documentation and securities law compliance, says Coni Rathbone at VF Law.

  • When 'Qualified Transferees' Can Chill UCC Foreclosures

    Author Photo

    A recent New York state court decision in a closely watched real estate dispute in WWP Mezz LLC v. WWP Mezz Investment Co. is a reminder to lenders, and a warning to borrowers, of the Uniform Commercial Code foreclosure's immense power as a lender remedy, says Joshua Wurtzel at Schlam Stone.

  • AI Is Changing The Game For Lenders' Vendor Governance

    Author Photo

    Recent guidance from Freddie Mac and the Treasury Department reinforces that expectations surrounding AI oversight are beginning to shape how mortgage lenders operationalize vendor governance, which is emerging as a critical compliance challenge for the decade ahead, says Alexandra Temple at Mitchell Sandler.

  • Human Diligence Crucial As AI Raises Real Estate Fraud Risks

    Author Photo

    A recent title fraud warning from Florida officials demonstrates that artificial intelligence has lowered the barrier to committing complex property scams, forcing real estate industry stakeholders and attorneys to prioritize contextual review in transactions, says Neil Cohen at Barsh and Cohen.

  • Strategies For Retailers, Landlords In M&A Portfolio Reduction

    Author Photo

    With more retailers likely to merge or be acquired in 2026, both landlords and companies looking to renegotiate their real estate footprints can strike successful deals through advance planning, understanding rights allocations and maintaining realistic leverage assessment, say attorneys at Jenner & Block.

  • What Cos. Must Know About Pa.'s Proposed Data Center Regs

    Author Photo

    Under Pennsylvania Gov. Josh Shapiro's new proposal to balance hyperscale data center infrastructure with grid stability, water resources and community transparency, businesses in the state face a strategic choice: wait for binding requirements to emerge, or proactively align projects with the standards now, say Wade Stephens and Sasha Burton at Langsam Stevens.

  • Where Ceding Control In Joint Ventures Ups Developer Risks

    Author Photo

    With new data predicting liquidity will continue drying up in 2026, developers seeking relief via joint venture restructurings should understand how relinquishing an asset's control to a capital partner could have stark consequences, and where negotiations over governance and control triggers present the greatest legal and structural risks, say attorneys at Jenner & Block.

  • How SF Family Zoning Suit Could Stymie City, Builder Goals

    Author Photo

    A recent suit asserting that San Francisco should further study the environmental impact before permitting taller buildings with more family residences could disrupt the work of project developers and local government — and give pause to other cities rezoning to add housing capacity, says Phillip Babich at Reed Smith.

  • How Blockchain Could Streamline Real Estate Transactions

    Author Photo

    As U.S. real estate markets face pressure to adopt digital frameworks, blockchain technology offers a credible solution for consolidating execution, payment and recording into a single record, with a unified ledger potentially replacing fragmented processes with digitally authenticated events, say attorneys at King & Spalding.

  • Del. Dispatch: Workplace Sexual Misconduct Liability In Flux

    Author Photo

    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.

  • CFIUS Initiative May Smooth Way For Some Foreign Investors

    Author Photo

    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.

  • How AI Data Centers Are Elevating Development Risk In 2026

    Author Photo

    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.