Commercial

  • January 28, 2026

    3 Firms Advise Apollo REIT's $9B Portfolio Sale To Insurer

    A mortgage origination unit of Apollo Global Management announced Wednesday it will sell a $9 billion loan portfolio to an affiliated insurance company after the real estate investment trust's stock consistently traded below its book value, with Fried Frank Harris Shriver & Jacobson LLP, Clifford Chance LLP and Sidley Austin LLP advising the parties.

  • January 28, 2026

    Wash. Panel Won't Force State To Pull Dispensary License

    A Washington appeals panel won't force state cannabis regulators to revoke a dispensary's license at the request of another dispensary that wished to open in the same area, saying the board rightly found that the license was not subject to forfeiture.

  • January 27, 2026

    Nuveen, Brandywine Close Pa.'s Largest C-PACE Financing

    Nuveen Green Capital announced Tuesday that it has closed on $87.3 million in commercial property-assessed clean energy financing with Brandywine Realty Trust for its Schuylkill Yards project in Philadelphia, marking the largest C-PACE financing in Pennsylvania history and the first in the state for a publicly traded real estate investment trust in recent years.

  • January 27, 2026

    Work Shutdown In Sight For $16B NY-NJ Rail Tunnel Project

    Officials leading construction of the $16 billion Gateway Tunnel project connecting New York and New Jersey said Tuesday that they are preparing to shut down construction next week unless the Trump administration restores funding.

  • January 27, 2026

    Jersey Shore Motels Fight Prom Season Rental Limits

    Jersey Shore motel owners told a Garden State appellate panel on Tuesday that it should apply strict scrutiny to their argument that a municipal ordinance prohibiting anyone under the age of 21 from booking a motel room during prom season is unconstitutional.

  • January 28, 2026

    Law360 Seeks Members For Its 2026 Editorial Boards

    Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.

  • January 27, 2026

    Fla. Panel Advances Stricter Caps On Assessment Increases

    Florida's House tax-writing committee advanced a constitutional amendment Tuesday that would ask voters to place tighter limits on property assessment increases used to calculate nonschool property taxes.

  • January 27, 2026

    Avison Young To Market Miami Waterfront Development Site

    Avison Young Inc. will work for a property seller to market an 80-acre mixed-use Miami waterfront development site that features a 315,000 square foot office complex with three buildings, the global real estate adviser announced this week.

  • January 27, 2026

    Offit Kurman Beats Appeal In $40M Malpractice Suit

    The Pennsylvania Superior Court has ruled that a lower court properly granted summary judgment in favor of Offit Kurman and two of its lawyers in a legal malpractice case.

  • January 27, 2026

    Md. Lawmaker Pitches Commercial Property Tax Hike Option

    Maryland counties would benefit from a bill allowing them to establish a special subclass and tax rate for commercial and industrial property to finance transportation efforts and local education, a sponsor of the bill told a state House panel Tuesday.

  • January 27, 2026

    Corning Inks $6B Deal To Supply Data Center Components

    Manufacturer Corning on Tuesday said it has reached an up to $6 billion deal to supply Meta with fiber optic cable components for use on data center projects.

  • January 27, 2026

    11th Circ. May Scuttle Appeal Amid Trafficking Coverage Spat

    An Eleventh Circuit panel suggested Tuesday that procedural hurdles could stymie an insurance company's bid to get out of defending an Atlanta-area motel from sex trafficking claims that led to the motel being hit with a $40 million verdict last summer.

  • January 27, 2026

    Data Center Infrastructure Biz Raises $100M In Series B

    EPG, a Singapore-based provider of factory-prefabricated data center components, announced Tuesday the company has obtained $100 million in its latest funding round, led by investors Forebright and Silicon Peak.

  • January 27, 2026

    EU Advances Brookfield, GIC's Australian Storage REIT Buy

    European regulators on Tuesday signed off on a proposed $2.6 billion buyout of Australian self-storage company National Storage REIT by Brookfield Asset Management and GIC, in a deal advised by Ashurst LLP and Clayton Utz.

  • January 27, 2026

    Tenn. Resolution Would Permit Optional Property Tax System

    Tennessee would allow local governments to make property taxes optional or create deferred tax payment plans under a constitutional amendment introduced in the state House of Representatives.

  • January 27, 2026

    Logistics, Real Estate Co. Americold Grows Legal Exec's Role

    Americold Realty Trust Inc., a temperature-controlled logistics and real estate company, said Tuesday that it has expanded the role of its chief legal officer as part of a series of executive leadership changes at the company.

  • January 26, 2026

    Long Island Town Says Cannabis Law Doesn't Preempt Zoning

    A Long Island town has told a New York intermediate appellate court that the state's cannabis law cannot preempt localities from enforcing their zoning policies when it comes to allowing where marijuana stores can be located.

  • January 26, 2026

    Paul Hastings Works On $150M Manhattan Office Loan

    Real estate investment firm Sovereign Partners LLC borrowed a $150 million loan from investment and asset management company Rialto Capital Management LLC for a Manhattan office property, in a deal guided by Paul Hastings LLP, according to official property records.

  • January 26, 2026

    Al Habtoor Group Escalates $1.7B Dispute With Lebanon

    Emirati conglomerate Al Habtoor Group said Monday that it will step up an investment treaty dispute against Lebanon over an alleged $1.7 billion in losses to its investments in hotels, real estate and other sectors in the country, saying it has "no other alternative."

  • January 26, 2026

    REIT Buys Atlanta Senior Housing Portfolio For $108M

    Senior housing and healthcare-focused real estate investment trust LTC Properties said Monday that it has acquired a three-property portfolio in Atlanta, Georgia, for $108 million.

  • January 26, 2026

    Hunton Guides REIT Sale Review After Investor Deal

    Real estate investment trust Orion Properties Inc. said Monday that Hunton Andrews Kurth LLP is advising as it explores a possible sale as part of an agreement with activist investor the Kawa Fund.

  • January 26, 2026

    NYC Real Estate Week In Review

    Simpson Thacher & Bartlett LLP, Greenberg Traurig LLP and Manatt Phelps & Phillips LLP were among the firms responsible for the largest New York City real estate deals last week, featuring a series of discounted office properties.

  • January 26, 2026

    Lenders Claim Office Properties' Ch. 11 Loan Breaches Deal

    Secured lenders of Office Properties Income Trust filed a Chapter 11 adversary suit in Texas bankruptcy court, saying the debtor's entry into debtor-in-possession financing agreements with a separate group of secured lenders violates a prepetition intercreditor agreement and could deprive the suing creditors of significant payments.

  • January 26, 2026

    Real Estate AI Co. Orbital Raises $60M Series B

    London-based legal technology startup Orbital, which develops artificial intelligence for real estate law, raised $60 million in a Series B funding round, according to an announcement on Monday, with the new capital earmarked for U.S. and U.K. growth and expanded product adoption.

  • January 26, 2026

    Phelps Lands Real Estate Pro From Clark Partington In Florida

    Phelps Dunbar LLP announced Monday that it has added a partner in Florida to help bolster its capacity to handle real estate development, business and other matters.

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.