Commercial

  • January 14, 2026

    Retailer Saks Global Hits Ch. 11 With Over $3B Debt

    The parent company of luxury department store chain Saks Fifth Avenue filed for Chapter 11 protection Wednesday in a Texas bankruptcy court with $3.4 billion in funded debt, buckling under the strain of debt it used to fund its purchase of Neiman Marcus more than a year ago.

  • January 13, 2026

    CoStar, Quinn Emanuel Spar Over Litigation Representation

    CoStar urged a California federal judge Tuesday to disqualify Quinn Emanuel Urquhart & Sullivan LLP from helping a rival commercial real estate platform pursue antitrust counterclaims in CoStar's copyright infringement suit, while the law firm moved to drop its representation of CoStar in separate litigation.

  • January 13, 2026

    NY Firm Challenges OFAC's $7M 'Death Sentence' Sanctions

    A New York property management company has sued the Treasury's Office of Foreign Assets Control for imposing a "corporate death sentence" in the form of a more than $7 million fine over payments it received that were linked to a sanctioned Russian oligarch, arguing the fine is arbitrary and unjustifiable.

  • January 13, 2026

    PE Firm Says No Deal In $132M Denver Skyscraper Fight

    A private equity firm Tuesday argued in state court that the claims against it from a real estate investment firm should be dismissed because the two parties never had a binding agreement in the $132 million commercial real estate deal of a downtown Denver skyscraper that led to competing lawsuits from both parties.

  • January 13, 2026

    How C-PACE Is Helping Fla. Developers Keep Foot On Pedal

    In the opening days of 2026, South Florida's real estate market has shown signs of maintaining positive momentum on the development front as well as developers' growing affinity for commercial property-assessed clean energy financing.

  • January 13, 2026

    Seyfarth Guides $167M Recap Loan Deal For Hotel Portfolio

    Real estate lender CIM Group has wrapped up a $167 million recapitalization loan package for a 15-property WoodSpring Suites hotel portfolio, in a deal guided by Seyfarth Shaw LLP, the lender announced.

  • January 13, 2026

    DLA Piper Can't Counsel Hudson Hotel In Ch. 11, Judge Says

    A Delaware bankruptcy judge Tuesday rejected a bid by two bankrupt entities tied to the former Hudson Hotel to retain DLA Piper LLP as special counsel in their Chapter 11 case, saying the law firm's work for the entities' lender presented a conflict of interest.

  • January 13, 2026

    2 Firms Guide Blackstone's $475M Grocery Facility Investment

    Blackstone Credit & Insurance said it will invest $475 million into the construction of Ahold Delhaize USA's new automated grocery distribution center in North Carolina through a triple net lease transaction, in a deal guided by A&O Shearman and Milbank.

  • January 13, 2026

    Changing Tech Is Data Centers' Problem For Another Day

    Data centers have become the darling of the real estate industry, but there are still unanswered questions about how the technology will ultimately be monetized and what leasing and financing structures will emerge. Brent Gilfedder of King & Spalding LLP speaks with Law360 Real Estate Authority about the challenges of financing data centers and the potential risks of technological change.

  • January 13, 2026

    REITs Say $787M Merger's Proxy Info Not Misleading

    Real estate investment trusts Ready Capital Corp. and Broadmark Realty Capital Inc. urged a Washington federal court on Tuesday to toss a proposed shareholder class action accusing the companies of misleading shareholders to get votes for their $787 million merger, arguing the relevant proxy materials fully informed shareholders about the deal before they voted.

  • January 13, 2026

    Developer Announces Plan For $6B Ark. Data Center Campus

    Data center developer Avaio Digital Partners announced Monday that it plans to spend $6 billion on a campus near Little Rock, Arkansas, in a project that it said represents the biggest economic investment in state history.

  • January 13, 2026

    Ex-Standard Int'l CEO To Start Helbraun Levey Hotel Practice

    Hospitality-focused law firm Helbraun Levey said it has hired the former CEO of Standard International to launch its new hotel practice.

  • January 13, 2026

    Fried Frank Brings On Experienced V&E Real Estate Team

    A team of three Vinson & Elkins LLP attorneys specializing in real estate development and transactions have recently moved their practices to Fried Frank Harris Shriver & Jacobson LLP, the firm said Tuesday.

  • January 13, 2026

    X-Caliber Closes $182M Loan For Utah Ski Community Project

    Commercial real estate financier X-Caliber Capital Holdings LLC wrapped up a $182.2 million construction loan deal for a developer's 50-unit luxury Park City, Utah, ski community project, it announced Monday.

  • January 13, 2026

    NYC Real Estate Week In Review

    Adler & Stachenfeld and Seyfarth Shaw are among the law firms that scored counsel work on the largest real estate deeds that hit New York City public records last week, with an $85 million Queens deal leading the way.

  • January 13, 2026

    2 Firms Guide IPO Valuing Construction Rental Co. At $6.4B

    Columbia, Missouri-based construction equipment rental company EquipmentShare on Tuesday said it was seeking a valuation of up to $6.4 billion in an upcoming initial public offering guided by Davis Polk & Wardwell LLP and Latham & Watkins LLP.

  • January 13, 2026

    Simpson Thacher, JZ Legal Guide $105M Brooklyn Resi Buy

    The Carlyle Group and Z+G Property Group acquired a New York City multifamily property in a $105 million deal from a joint venture between Joyland Management, Meral Property Group and The Loketch Group that was advised by Simpson Thacher & Bartlett LLP and JZ Legal. 

  • January 13, 2026

    Sullivan & Cromwell Advises $465M San Diego CMBS Loan

    Life science real estate developer Breakthrough Properties said it has finalized $465 million in commercial mortgage-backed securities financing for a 10-acre life science campus in San Diego, with Sullivan & Cromwell LLP advising. 

  • January 12, 2026

    Scented Products TM Row Ends In Trial Lunchtime Settlement

    Luxury scented products company Aroma360 LLC agreed Monday to settle its trademark infringement claims against competitor Scentiment LLC, in a deal negotiated right after the parties finished presenting their opening statements to a jury.

  • January 12, 2026

    REITs Say Shareholders' Retooled Liquidation Suit Still Fails

    A group of retail-focused real estate investment trusts urged a New Jersey federal court to toss an amended shareholder class action that accuses them of misleading shareholders into approving charter amendments that stopped the planned liquidation of the REITs, arguing that the amended suit repeats claims that were previously tossed.

  • January 12, 2026

    Adviser Claims REIT Stiffed It Over $2.1B Take-Private Deal

    An advising firm has sued Plymouth Industrial REIT Inc. in Massachusetts state court, claiming the real estate investment trust is dodging its obligation to pay the adviser for helping the firm land a $2.1 billion acquisition offer.

  • January 12, 2026

    Real Estate Firm Closes Latest Investment Fund At Over $1B

    Chicago-based investment firm Singerman Real Estate said Monday that it has closed its latest investment fund at more than $1 billion.

  • January 12, 2026

    Data Center Tenants Take On More Risk In $3 Trillion Market

    Hyperscaler tenants are shouldering more construction risks than ever before in the digital infrastructure sector, a market Moody's Ratings forecasts will grow to $3 trillion in investment over the next five years, according to a Monday report.

  • January 12, 2026

    NH Bill Would Let Towns Tax Land, Buildings Separately

    New Hampshire would allow cities and towns to adopt a property tax system that applies different rates to the value of land and the value of buildings under a bill introduced in the state House.

  • January 12, 2026

    NYC Must Face Claims It Wrongly Halted Chelsea Hotel Reno

    A New York federal judge on Monday rejected New York City's bid for a quick win against a $100 million suit that accuses the city of wrongfully stopping renovations for the Hotel Chelsea after changing the building's classification.

Expert Analysis

  • Investor Essentials For Buying Federally Owned Property

    Author Photo

    Investors and developers can take advantage of the Trump administration's plan to sell government-owned real estate by becoming familiar with the process and eligible to bid, and should prepare to move quickly once the U.S. General Services Administration posts the list of properties for sale, say attorneys at Holland & Knight.

  • How 2025 Is Shaping The Future Of Bank Mergers So Far

    Author Photo

    Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.

  • Why NY May Want To Reconsider Its LLC Transparency Law

    Author Photo

    Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

    Author Photo

    The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.

  • How GSA Lease Clauses May Affect DOGE Terminations

    Author Photo

    The Department of Government Efficiency has begun to cut the U.S. General Services Administration's enormous real estate portfolio, but some standard lease clauses include limits helpful to landlords that may slow progress toward the administration's cost-cutting goals, say attorneys at Pillsbury.

  • What SDNY Judge Can And Can't Do In Adams Case

    Author Photo

    The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.

  • Rethinking 'No Comment' For Clients Facing Public Crises

    Author Photo

    “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.

  • Corp. Transparency Act's Future Under Treasury's Bessent

    Author Photo

    The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.

  • Nippon Order Tests Gov't Control Over Foreign Investments

    Author Photo

    The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden’s January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government’s microscope, say attorneys at Blank Rome.

  • A Look At A Possible Corporate Transparency Act Exemption

    Author Photo

    Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.

  • As EPA Backs Down, Expect Enviros To Step Up Citizen Suits

    Author Photo

    As President Donald Trump's U.S. Environmental Protection Agency draws down federal enforcement efforts, environmental groups will step into the void and file citizen suits — so companies should focus on compliance efforts, stay savvy about emerging analytical and monitoring methods, and maintain good relations with neighbors, say attorneys at Beveridge & Diamond.

  • Emphasize Social Spaces During RE Project Public Review

    Author Photo

    As Boston continues to work through revisions to its public review process for real estate projects, developers attempting to balance impact mitigation and community improvements may benefit from emphasizing the ways in which development plans can facilitate open social exchange, says David Linhart at Goulston & Storrs.

  • What Contractors Can Do To Address Material Cost Increases

    Author Photo

    In light of the Trump administration's plans to increase tariffs on Mexico, Canada and China, construction industry players should proactively employ legal strategies to mitigate the impacts that price increases and uncertainty may have on projects, says Brenda Radmacher at Seyfarth Shaw.