Commercial

  • June 23, 2026

    Summer Camp Co. SIMAD's Ch. 11 Steered By Cole Schotz

    A quintet of partners from Cole Schotz PC is stewarding the Chapter 11 case of summer camp operator and real estate holding company.

  • June 23, 2026

    Goulston & Storrs Guides $375M Financing For NJ Tower

    Developer Nasser Freres, advised by Goulston & Storrs, has secured $375 million in financing from Madison Realty Capital to build an apartment tower with a grocery store in Jersey City, New Jersey, according to borrower-side broker Walker & Dunlop.

  • June 23, 2026

    Two Harbors Pushes Back CrossCountry Vote Again

    Two Harbors Investment Corp. has once again delayed its special shareholders vote for a transaction that involves mortgage lender CrossCountry Mortgage LLC acquiring the mortgage servicing-focused real estate investment trust in an all-cash deal, the REIT announced Tuesday.

  • June 23, 2026

    Maynard Nexsen Adds Real Estate Group Co-Chair In NC

    Maynard Nexsen PC has bolstered its capacity to handle commercial real estate matters by bringing on an attorney who co-chaired Smith Anderson's real estate group.

  • June 23, 2026

    Blackstone Buys $279M San Francisco Hotel From Sunstone

    Blackstone has agreed to buy the Hyatt Regency San Francisco from Sunstone Hotel Investors for $279 million, about $16.5 million more than what the lodging real estate investment trust paid for the property over a decade ago, according to a Tuesday announcement.

  • June 23, 2026

    4 Firms Advise Public Storage's $1.2B Acquisition Deal

    Public Storage will acquire Public Storage Canada in a $1.2 billion cash and shares deal guided by Wachtell Lipton Rosen & Katz, Torys LLP, Allen Matkins Leck Gamble Mallory & Natsis LLP and Osler Hoskin & Harcourt LLP, the self-storage owner announced.

  • June 23, 2026

    Office Snapshot: Summer Brings Move For Lathrop GPM In DC

    Lathrop GPM LLP is set to move its office in the nation's capital this summer, leaving the Watergate complex near George Washington University for a smaller space in a building just blocks from the White House.

  • June 23, 2026

    Justices Clear Path For Exxon Damages Claim In Cuba Case

    The U.S. Supreme Court found Tuesday that a federal law allowing U.S. victims of property seizures by the Cuban government to seek damages automatically abrogates the sovereign immunity of state-owned entities targeted in such cases, clearing a path for Exxon Mobil Corp.'s bid for some $1 billion in damages.

  • June 22, 2026

    Md. Voters Can't Weigh In On Data Center Zone, Judge Rules

    Voters in Frederick County, Maryland, will not be able to have a say on a data center development zone, a state judge ruled in an order docketed Monday, agreeing with developers that under the county's charter, an ordinance is not a law subject to referendum.

  • June 22, 2026

    Ex-CEO Says Credit Union Can't Seek $80K For Business Unit

    The ex-CEO of Sound Federal Credit Union asked a Connecticut state judge on Monday to dismiss portions of the credit union's two counterclaims asking him to return $80,000 for services he didn't perform because he was fired, saying it was not the correct party to bring such counterclaims.

  • June 22, 2026

    NYC Real Estate Week In Review

    Jeffrey Zwick & Associates PC and Romer Debbas LLP are among the law firms that helped out with the largest New York City real estate trades that hit public records last week, with a nine-figure Manhattan transaction topping the list.

  • June 22, 2026

    Allen Matkins Hires Ex-Kasowitz Litigator In New York

    Allen Matkins Leck Gamble Mallory & Natsis LLP has hired a former litigation partner at Kasowitz LLP for its New York office, continuing an expansion this year for the firm's East Coast outpost.

  • June 22, 2026

    6th Circ. Ties Pot Biz Delays To Bureaucracy, Not A Violation

    The Sixth Circuit has thrown out a real estate developer's suit against the city of Pontiac, Michigan, and its clerk alleging they violated constitutional rights by delaying approvals of a proposed cannabis operation until it was no longer viable, saying the delays were an instance of discretionary actions in bureaucracy, not constitutional violations.

  • June 22, 2026

    3 Firms Advise On CRH's $8.5B Arcosa Acquisition Deal

    Building materials supplier CRH said Monday that it will acquire infrastructure products maker Arcosa in an all-cash deal valued at about $8.5 billion, with three law firms advising.

  • June 22, 2026

    RI Allows Late Tax Interest Waivers For Commercial Property

    Rhode Island authorized the waiver of interest on overdue taxes for commercial properties under a bill signed by the governor.

  • June 18, 2026

    Bass Pro Shops Buys Historic Fla. Keys Fishing Resort

    Bass Pro Shops has purchased a 27-acre, 243-room historic oceanfront resort in the Florida Keys village of Islamorada, the outdoors gear company announced.

  • June 18, 2026

    IRS Sets Transitional Rules For Opportunity Zone Perks

    The IRS has released transitional guidance for tax benefits tied to opportunity zone investments, providing rules such as when to defer the tax on the capital gains, while the agency works on formal proposed regulations aligning with the 2025 budget law's changes to the incentives.

  • June 18, 2026

    NC Legislators OK 90% Property Tax Break For Builders

    North Carolina would allow local governments to create specialized districts and provide significant tax exclusions for developers to incentivize new property improvements under a bill now on the governor's desk.

  • June 18, 2026

    Delta Seeks To Toss Cuba Property Trafficking Suit

    Delta Air Lines asked a Florida federal court on Thursday to dismiss a lawsuit accusing the airline of trafficking in stolen property by operating from a Havana airport seized by the Cuban government, telling the court that the man claiming ownership of the airport acquired his claim too late.

  • June 18, 2026

    Brookfield Announces $650M Construction Biz Sale

    Brookfield Business Corp. will sell off its Australian construction business Multiplex to Obayashi Corp., a Japanese construction company, in a $650 million deal, Brookfield has announced.

  • June 18, 2026

    REIT Workspace Weighs Saba's Critical Shareholder Letter

    Workspace Group PLC said Thursday that it is reviewing a proposal from activist investor Saba Capital to overhaul the REIT's boardroom and adopt a new plan centered on the sale of assets and share buybacks.

  • June 17, 2026

    SIMAD Can Tap Cash To Open Summer Camps In Ch. 11

    SIMAD Holdings Ltd. won court permission on Wednesday to use some of its available $15.6 million of cash on hand as it races to open the 30 children's summer camps it owns for the season, after a freefall bankruptcy filing earlier this month left in doubt the fate of more than 20,000 campers.

  • June 17, 2026

    Sidley Plans Chicago Office Tower Move

    Sidley Austin LLP is planning to move its Chicago office to the upcoming 45-story, 1 million-square-foot office tower in the city's Fulton Market neighborhood, the firm announced.

  • June 17, 2026

    Warsh Debut Heralds Change For Fed, Not Rates

    In his first meeting since confirmation as Federal Reserve chair, Kevin Warsh announced a number of changes and initiatives on Wednesday that could impact real estate transactions.

  • June 17, 2026

    NC Biz Court Narrows Fight Over Flopped Development Deal

    A private lender and its top brass have shaved a host of claims from a dispute with the part-owners of a real estate development project that never got off the ground, with a North Carolina Business Court judge finding that many of the allegations against them were too "thin" to advance.

Expert Analysis

  • 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.

  • Evolving Federal Rules Pose Further Obstacles To NY LLC Act

    Author Photo

    Following the Financial Crimes Enforcement Network's recent changes to beneficial ownership information reporting under the federal Corporate Transparency Act — dramatically reducing the number of companies required to make disclosures — the utility of New York's LLC Transparency Act becomes less apparent, say attorneys at Pillsbury.

  • Negotiating Triparty Hotel Agreements To Withstand Risk

    Author Photo

    Brewing economic uncertainty in the hospitality industry underscores the importance of subordination, nondisturbance and attornment agreements, and hotel managers should tightly negotiate these agreements to ensure remedies will not disturb key rights, say attorneys at Sidley.

  • CRE Challenges Demand New Lease And Development Plans

    Author Photo

    As developers and landlords face declining occupancy of commercial, industrial and office space post-pandemic, a combination of business and lease considerations may better position stakeholders to protect the value and profitability of their commercial real estate, says Geoffrey Leskie at Segal McCambridge.

  • Ch. 11 Free-And-Clear Sale Ruling Takes Pragmatic Approach

    Author Photo

    A recent ruling from a New York bankruptcy court in which the debtors were allowed to sell interests free and clear regardless of a lienholder's objection signals a practical approach and a recalibration of the balance between debtor flexibility and creditor protections, say attorneys at Eversheds Sutherland.

  • What's At Stake As 9th Circ. Eyes Cultural Resource Damages

    Author Photo

    In Pakootas v. Teck Cominco, the Ninth Circuit is faced with the long-unresolved question of whether cultural resource damages are recoverable as part of natural resource damages under the Superfund law — and the answer will have enormous implications for companies, natural resource trustees and Native American tribes, says Sarah Bell at Farella Braun.

  • 5 Insurance Types For Mitigating Tariff-Related Trade Losses

    Author Photo

    The potential for significant trade-related losses as a result of increased tariffs may cause companies to consider which of their insurance policies, including marine, builders risk, trade credit, and directors and officers, could provide coverage to alleviate the financial impact, say attorneys at Pillsbury.