Commercial

  • February 20, 2026

    Kennedy Wilson Investor Sues To Block $1.65B Take-Private

    A Kennedy-Wilson Holdings Inc. stockholder has sued in the Delaware Chancery Court to block the company's $1.65 billion take-private deal, arguing that the transaction violates Delaware's anti-takeover statute and cannot legally proceed without a supermajority vote of disinterested investors.

  • February 20, 2026

    BCLP Adds Ex-McDermott Atty To Real Estate Platform In NY

    Bryan Cave Leighton Paisner LLP announced Wednesday that it has brought a deals attorney from McDermott Will & Schulte to its real estate department, which the firm says it has targeted for growth this year.

  • February 20, 2026

    Apollo Invests $1B In 5th Contribution To UAE Developer

    Asset manager Apollo said Friday that it has invested $1 billion in UAE real estate developer and investment firm Aldar Properties — the fifth such investment from Apollo into the company.

  • February 20, 2026

    Partnership Defends $22M Donation Under 5th Amendment

    A Georgia partnership raised arguments under the Fifth, Seventh and Eighth amendments in defending a $22.9 million conservation easement deduction for 2018, saying the denial of the deduction amounts to the government taking property for public use without just compensation.

  • February 19, 2026

    Host Hotels Sells 2 Four Seasons Resorts For $1.1B

    Host Hotels & Resorts Inc. has sold two major resorts for a combined $1.1 billion, continuing an active start to 2026 for the largest lodging real estate investment trust.

  • February 19, 2026

    SEC Says Calif. Man Dragging Feet On Fraud Suit Settlement

    The U.S. Securities and Exchange Commission has moved to reopen a securities fraud case accusing a California man of misappropriating more than $1.6 million from investors through five real estate funds, saying that despite reaching a settlement in principle a few months ago, the defendants have failed to finalize the agreement.

  • February 19, 2026

    SEC Accuses Texas Brothers Of $12M Real Estate Fraud

    The U.S. Securities and Exchange Commission has accused a pair of brothers in Texas of using two companies they control to defraud approximately 48 investors out of $12 million with a deceptive real estate offering.

  • February 19, 2026

    Gibson Dunn, Stearns Weaver Advise $320M NYC Hotel Deal

    Miami real estate firm Gencom has acquired a Manhattan hotel for $321.1 million from real estate investor Westbrook Partners, in a deal advised by Gibson Dunn & Crutcher LLP and Stearns Weaver Miller Weissler Alhadeff & Sitterson PA.

  • February 19, 2026

    Property Co. Denies Connection To Hawaii Temple Access Suit

    A property management company is looking to escape a challenge by a group of Native Hawaiians over access to an ancient Indigenous temple, arguing its alleged wrongful conduct is not called out with any specificity in the complaint.

  • February 19, 2026

    Terreno Realty Buys $92M Industrial Property In Queens, NY

    Industrial real estate operator Terreno Realty Corp. has bought a distribution building in College Point, Queens, for about $92 million and plans to do extra construction work on the property, the company said Thursday.

  • February 19, 2026

    NM Lawmakers OK Longer Redevelopment Property Tax Break

    New Mexico would extend a property tax exemption period for eligible redevelopment projects under a bill approved by state lawmakers and headed to the governor.

  • February 18, 2026

    Fla. Court Rejects Appeal Of 'Customary Use' Beach Ruling

    A Florida state appeals court declined to review a 2024 judgment establishing public access to some Walton County beaches, finding that a June repeal of a law that prompted the litigation rendered the underlying judgment null.

  • February 18, 2026

    Telecom Joint Venture To Pay $2.7B For UK Fiber Company

    Private equity firm InfraVia Capital Partners and European telecommunications companies Telefónica and Liberty Global will use their Nexfibre joint venture to pay $2.7 billion for Substantial Group, which is the "second-largest alternative fiber provider" in the United Kingdom, the acquiring companies announced Wednesday.

  • February 18, 2026

    Landlords Seek Protection In Saks' Ch. 11 Financing Plan

    A group of landlords in Texas bankruptcy court objected to Saks' bid to obtain debtor-in-possession financing for its Chapter 11 plan, saying the proposed budget doesn't include millions the luxury retailer owes in rent.

  • February 18, 2026

    Feds Release $130M NY, NJ Gateway Hudson Tunnel Funds

    New York and New Jersey officials said Wednesday that construction on the $16 billion rehabilitation of aging commuter train tunnels under the Hudson River would resume next week after the federal government released $130 million in funds that a federal judge in Manhattan recently ruled had been unlawfully frozen.

  • February 18, 2026

    Merus Plans To Convert Tenn. Mall To Mixed-Use District

    Merus acquired a closed down Middle Tennessee mall in order to start a $450 million redevelopment plan that aims to turn the property into a 57-acre mixed-use district with housing, offices, retail areas and more, the developer announced.

  • February 18, 2026

    Real Estate Group Of The Year: Willkie

    Willkie Farr & Gallagher LLP guided Henry Crown & Co. in a record-setting $3.5 billion refinancing of Rockefeller Center, along with advising Saks Global on its $2.7 billion acquisition of Neiman Marcus Group, earning the firm a spot among the 2025 Law360 Real Estate Groups of the Year.

  • February 18, 2026

    Construction Group Of The Year: Mandelbaum Barrett

    Mandelbaum Barrett PC secured a $14 million trial victory for a luxury condominium association against a contractor and guided a client through a thorny construction dispute following a change of ownership, earning its spot among the 2025 Law360 Construction Groups of the Year.

  • February 18, 2026

    NYC Real Estate Week In Review

    Romer Debbas LLP and Davis+Gilbert LLP were among the firms that handled New York City's largest recorded real estate transactions last week, which featured multiple units in luxury high-rises designed by architect Robert A.M. Stern.

  • February 18, 2026

    Diversity In Demand Feeds Data Center REITs' Gains

    Real estate investment trusts Equinix Inc. and Digital Realty Inc. attributed the growth they experienced last quarter and last year to data center demand from various sources, including business sectors beyond cloud computing and information technology.

  • February 18, 2026

    JV Buys 39-Acre Industrial Outdoor Portfolio In Phoenix

    Zenith Industrial Outdoor Storage said Wednesday it has acquired a 39-acre, 11-asset portfolio across the Phoenix, Arizona, metropolitan area, working with institutional investors advised by J.P. Morgan Asset Management.

  • February 18, 2026

    5 Firms Shape Kennedy Wilson's $1.65B Take-Private Deal

    Real estate investment firm Kennedy Wilson has announced it agreed to be taken private by a consortium led by the company's CEO and Canadian insurance company Fairfax Holdings in an up to $1.65 billion deal advised by five law firms.

  • February 18, 2026

    SD Updates Fed. Conformity For Property, Bank, Sales Taxes

    South Dakota updated its conformity with the Internal Revenue Code for various property tax, bank franchise tax and sales tax statutes under a bill signed by the governor.

  • February 18, 2026

    Co. Buys Part Of Fla. Waterfront Complex, Plans Expansion

    A Florida company providing investment management and wellness services has purchased a portion of a Jupiter, Florida, waterfront complex where it has been based for more than 10 years.

  • February 18, 2026

    Shareholder Activism In Real Estate Enters New Era

    Boards of directors for real estate investment trusts should expect dissenting investors to continue challenging corporate leadership behind closed doors and in the open, attorneys say, because the days of REITs being unattractive targets are over.

Expert Analysis

  • Corporate Liability Issues To Watch In High Court TM Case

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    The U.S. Supreme Court will hear arguments in a trademark dispute between Dewberry Group and Dewberry Engineers next week, presenting an opportunity for the court to drastically alter the fundamental approach to piercing the corporate veil, or adopt a more limited approach and preserve existing norms, say attorneys at Bracewell.

  • Plugging Gov't Leaks Is Challenging, But Not A Pipe Dream

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    As shown by ongoing legal battles involving New York City Mayor Eric Adams and Sean “Diddy” Combs, it’s challenging for defendants to obtain relief when they believe the government leaked sensitive information to the media, but defense counsel can take certain steps to mitigate the harm, says Kenneth Notter at MoloLamken.

  • A Legal Perspective On NYC's Retail Real Estate Evolution

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    As New York City's retail market begins to show signs of resilience after the challenges of recent years, landlords must be cognizant of legal implications from shifting trends toward shorter-term leases and pop-up stores, says Andrea Gendel at Pryor Cashman.

  • What Interest Rate Cuts Mean For Housing Markets

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    The Federal Reserve's recent reduction of interest rates may provide limited immediate relief for real estate sectors, but offers potential opportunities for commercial real estate investors and construction firms, which now face an environment ripe for new projects, say attorneys at Cozen O'Connor.

  • How CFIUS' Updated Framework Affects Global Investors

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    The recent change to the monitoring and enforcement regulations governing the Committee on Foreign Investment in the United States will broaden administrative practices around nonnotified transaction investigations, increase the scope of information demands from the committee and accelerate its ability to impose mitigation on parties, say attorneys at Simpson Thacher.

  • Foreclosing Lenders Still Floating In Murky Legal Waters In NY

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    The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.

  • NYC Hotel Licensing Law's Costs May Outweigh Its Benefits

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    A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.

  • Calif. Ruling Offers Hope For Mitigated Negative Declarations

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    In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds — a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.

  • There's No Crying In Property Valuation Baseball Arbitration

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    The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes — in which each side offers competing valuations to an arbitrator, who must select one — is often ideal for resolving property valuation disputes, say Sean O’Donnell at Herrick Feinstein and Mark Dunec at FTI Consulting.

  • Webuild Ruling Complicates Arb. Award Enforcement In US

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    A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.

  • How To Avoid A Costly CPA Limitation Hidden In Most Leases

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    The lease audit rights clause is a seemingly innocuous provision in most commercial real estate leases that ends up costing tenants millions of dollars each year, as they have unwittingly agreed to retain only an accountant to investigate and settle financial issues, says Jason Aster at KBA Lease Services.

  • Navigating FEMA Grant Program For Slope Fixes After Storms

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    In the aftermath of Hurricanes Helene and Milton, it is critical for governments, businesses and individuals to understand the legal requirements of the Federal Emergency Management Agency's grant programs to obtain funding for crucial repairs — including restoration of damaged infrastructure caused by landslides and slope failures, says Charles Schexnaildre at Baker Donelson.

  • Smith's New Trump Indictment Is Case Study In Superseding

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    Special counsel Jack Smith’s recently revised Jan. 6 charges against former President Donald Trump provide lessons for prosecutors on how to effectively draft superseding indictments in order to buttress or streamline their case, as necessary, says Jessica Roth at Cardozo Law School.