Commercial

  • July 17, 2026

    ICE Wants Bids For Detention Center Work Worth Up To $10B

    U.S. Immigration and Customs Enforcement has posted a five-year contract worth $10,000 to $10 billion for ICE detention center construction, demolition, maintenance and renovation work. 

  • July 17, 2026

    Disabled Patron Sues Calif. Cannabis Shop, Landlord

    A Los Angeles County shopping center and a cannabis dispensary within it have been sued in state court over claims that the property's parking lot, pathways and entrance have obstacles that make it difficult and even dangerous for the plaintiff, who has physical disabilities, to shop there.

  • July 17, 2026

    SIMAD Scores Bids For 2 More Summer Camps In Ch. 11

    Summer camp holding company SIMAD has asked a New Jersey bankruptcy judge to sign off on new stalking horse offers totaling over $30 million to set the floor for a Chapter 11 auction of two of its New York summer camps.

  • July 17, 2026

    Conn. Justices Uphold Nonprofit Center's Renovation Plan

    The Connecticut Supreme Court on Friday said a nonprofit cultural center was legally clear to have renovated a building on its nearly 80-acre New Canaan property, finding a town zoning appeals board in 2019 correctly denied neighbors' challenges to a permit obtained from a zoning enforcement officer.

  • July 17, 2026

    Core Scientific Data Center Builder Hit With $2.5M Suit

    A contractor brought on to build a data center owned by cryptocurrency mining company Core Scientific Inc. is accused of owing a subcontractor $2.5 million after it failed to pay for completed work, according to a new lawsuit in North Carolina federal court.

  • July 17, 2026

    Ex-Safehold Deputy GC, Former Sidley Attys Join Norm Law

    Legal and compliance startup Norm Ai has announced the hiring of a former Sidley Austin LLP partner as head of tax for its affiliate law firm, as well as two new partners for its real estate group.

  • July 17, 2026

    Polsinelli Adds Wick Phillips Real Estate Pro In Dallas

    National law firm Polsinelli PC has shored up its commercial real estate offerings with a Dallas-based shareholder who previously practiced with Texas firm Wick Phillips.

  • July 16, 2026

    Zaslav-Backed Bid Sets Floor For SIMAD Summer Camp

    A group backed by Warner Bros. Discovery CEO David Zaslav is making a $68 million stalking horse bid for Mohawk Day Camp, one of a collection of camps run by SIMAD Holdings that are up for sale in its Chapter 11 proceeding.

  • July 16, 2026

    Affinius Originates $176M Fla. Student Housing Loan

    Affinius Capital LLC completed a $176.6 million construction loan origination for a four-story, 484-unit Orlando student housing project that is going to be built in two phases at the University of Central Florida, the real estate investment firm announced.

  • July 16, 2026

    Unstable NYC Building Promises Complex Claims Process

    A structural failure that threatened a major collapse at a 37-story Manhattan building undergoing an office-to-residence conversion promises to trigger a complicated insurance claims process. Here, Law360 looks at some of the major questions at stake following the July 7 incident.

  • July 16, 2026

    Data Center Operator Csquare Prices $1.1B IPO Below Range

    Dallas-based data center operator Csquare hit the public markets after raising $1.1 billion in its initial public offering steered by Paul Weiss Rifkind Wharton & Garrison LLP and Latham & Watkins LLP.

  • July 16, 2026

    Holland & Knight Adds DLA Piper Industrials Sector Co-Chair

    Holland & Knight LLP announced that it has hired the former U.S. co-chair of DLA Piper's industrials sector as a partner in New York.

  • July 16, 2026

    NYC Office Leasing, Development Rebounds In Q2, JLL Says

    The New York City office market saw 7.2 million square feet of space being leased in the second quarter of 2026, office vacancies declining by 0.5 percentage points from the previous quarter and the start of major new development projects, according to a JLL report.

  • July 15, 2026

    New Tactics In The Data Center Wars: Incentives, Moratoriums

    A rising tide of public opposition and scrutiny of artificial intelligence has culminated in several states repealing tax incentives for data centers and one state enacting the nation's first moratorium, prompting developers to look for friendlier pastures.

  • July 15, 2026

    DOJ Clears Tech Brokerage Real's $880M Re/Max Deal

    The U.S. Department of Justice has terminated its review of the Real Brokerage's planned $880 million purchase of Re/Max Holdings, allowing the technology-focused real estate brokerage to move ahead with the deal.

  • July 15, 2026

    After Skadden Exit, Latham Guides Silverstein On NYC Tower

    Silverstein Properties has broken ground on its new supertall tower at 2 World Trade Center that will serve as American Express' global headquarters, and Latham & Watkins is guiding the developer, following a lawyer's move from Skadden to Latham this spring.

  • July 15, 2026

    Attorneys Size Up Woes At Old Pfizer Building

    While city agencies investigate the cause of a structural failure at the old Pfizer building, New York City's largest office-to-residential conversion, attorneys assess whether it could impact the conversion market and the potential for legal liability. The developer, MetroLoft, has faced lawsuits at other conversions.

  • July 15, 2026

    Travel + Leisure Buys 2 Businesses For Combined $343M

    Travel + Leisure Co., advised by Kirkland & Ellis LLP and BakerHostetler, on Wednesday revealed that it closed its acquisition of Yes& Vacations, while simultaneously announcing a separate deal to acquire Spinnaker Resorts for a combined purchase price of $343 million.

  • July 15, 2026

    Mich. Judge Lets Church Demolition Suit Move Ahead

    A Michigan federal judge will allow part of a lawsuit against Trowbridge Township to move forward, dismissing two of the four counts brought by a man who claims the township demolished a historic church after selling it to him for $1 if he agreed to refurbish it.

  • July 15, 2026

    Ziegler Closes $304M Bond Deal For Retirement Community

    Specialty investment bank Ziegler has provided more than $304 million worth of bond financing for senior housing and healthcare nonprofit Fairview's expansion project for a retirement community in Connecticut, the bank announced.

  • July 15, 2026

    4 Firms Guide $1.2B Self-Storage REIT Merger

    Two real estate investment trusts sponsored by SmartStop Self Storage REIT Inc. affiliates have agreed to a $1.2 billion all-stock merger that's being advised by Nelson Mullins Riley & Scarborough LLP, Venable LLP, Bass Berry & Sims PLC and Shapiro Sher Guinot & Sandler PA, SmartStop announced.

  • July 15, 2026

    Minn. Tax Court Right On $108M Building Value, Justices Told

    The Minnesota Tax Court operated within its discretion to give 80% weight to Hennepin County's appraisal of a Minneapolis office building and 20% to the owner's, the county told the state Supreme Court, urging it to uphold the property's valuation.

  • July 14, 2026

    Daniel Gale Promotes Seasoned Real Estate Atty As CLO, COO

    Daniel Gale Sotheby's International Realty has promoted its general counsel Carol A. Dunning to be its new chief legal officer and chief operating officer in its Cold Spring Harbor, New York office, the real estate brokerage announced.

  • July 14, 2026

    NY Gov. Signs Data Center Moratorium Executive Order

    New York Gov. Kathy Hochul has signed an executive order that blocks any new hyperscale data center projects from being built in her state by temporarily pausing environmental permits for those types of projects, the governor's office announced Tuesday.

  • July 14, 2026

    Quinn Emanuel, Spiro Ousted From CoStar Copyright Fight

    A California federal judge has disqualified Quinn Emanuel Urquhart & Sullivan LLP and its attorney Alex Spiro from representing a commercial real estate platform in a copyright infringement suit brought by CoStar, agreeing that the firm's representation of CoStar in a different case should result in its removal from this one.

Expert Analysis

  • What Fla. Trends Reveal About AI In Real Estate Development

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    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.

  • NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid

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    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.

  • What Changed For Healthcare Transaction Law In 2025

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    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.

  • How Developers Can Harness New Texas Zoning Framework

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    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.

  • What To Know About NY's Drastic 3rd-Party Practice Changes

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    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.

  • Expect A New Normal In Commercial Real Estate This Year

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    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.

  • For Data Centers, Both Hyperscale And Edge Are Key In 2026

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    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.

  • 5 Lender Strategies When A Commercial Borrower Defaults

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    With an estimated $2 trillion in commercial real estate loans set to mature by 2027, now is an opportune time for lenders to review practices on both the front and back ends, and understand the full range of options available in the event of a default, says Keith Mundrick at Amundsen Davis.

  • How Workforce, Tech Will Affect 2026 Construction Landscape

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    As the construction industry's center of gravity shifts from traditional commercial work to infrastructure, energy, industrial and data-hosting facilities, the effects of evolving technology and persistent labor shortages are reshaping real estate dealmaking, immigration policy debates and government contracting risk, say attorneys at Cozen O'Connor.

  • Receivership Law May Streamline Real Estate Sales In Illinois

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    The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.

  • How Choice Of Law Won The Day In NC Biz Court COVID Case

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    The North Carolina Business Court recently ruled for policyholders in Tanger Properties v. ACE American Insurance, a business interruption lawsuit arising from the pandemic-related closure of Tanger outlet centers, underscoring the significant role that choice of law plays in insurance coverage disputes, say attorneys at Hunton.

  • The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

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    Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.

  • California Vapor Intrusion Policy Should Focus On Site Risks

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    As California environmental regulators consider whether to change the attenuation factor used in screenings for vapor intrusion, the most prudent path forward is to keep the current value for screening purposes, while using site-specific, risk-based numbers for cleanup and closure targets, says Thierry Montoya at Frost Brown.