Commercial

  • April 24, 2026

    Nuclear Reactor Developer X-Energy Prices Upsized $1B IPO

    Shares of X-Energy, a developer of nuclear reactors and fuel technology, began trading Friday after the company raised $1 billion in an upsized initial public offering advised by Latham & Watkins LLP and Skadden Arps Slate Meagher & Flom LLP.

  • April 23, 2026

    CBRE Escapes Fraud Suit Over Jersey City Apartment Deal

    A New Jersey state judge has handed a win to CBRE Inc. and two of its brokers in a Jersey City apartment development enterprise's suit alleging it was duped into a $19.5 million site deal, finding no reasonable jury could conclude the buyer justifiably relied on alleged misrepresentations about the number of units that could be built on the property. 

  • April 23, 2026

    Venable Advises $560M Skilled Nursing Portfolio Sale

    National Health Investors Inc., guided by Venable LLP, has agreed to sell a 35-property skilled nursing and independent living portfolio for $560 million to the portfolio's tenant, National HealthCare Corp.

  • April 23, 2026

    FDIC Sees Surging Growth In Bank Lending To Nonbanks

    The Federal Deposit Insurance Corp. said that bank loans to private equity, private credit and other nonbanks reached $1.4 trillion last year, identifying it as the fastest-growing category of lending for banks since the 2008 financial crisis.

  • April 23, 2026

    Hotel Developer's Suit Against Mich. City Revived On Appeal

    The Michigan Court of Appeals has reinstated a developer's suit over a failed deal with the city of Jackson to renovate a historic and long-vacant hotel, ruling that the trial court ignored an amended complaint when it granted summary disposition to the city.

  • April 23, 2026

    Ill. House Passes Bill Aiming To Keep Chicago Bears In-State

    The Illinois General Assembly has approved a bill amended to provide more tax incentives for the site of a proposed stadium for the Chicago Bears, who are also considering a stadium offer from neighboring Indiana.

  • April 23, 2026

    Davis Polk Guides DataBank's $2B Data Center Loan

    Digital infrastructure company DataBank, advised by Davis Polk & Wardwell LLP, has obtained a $2 billion construction loan to build three leased 60-megawatt data centers in Red Oak, Texas, the company announced.

  • April 23, 2026

    Burtech's 2nd SPAC Eyes $100M IPO To Launch Deal Hunt

    A blank-check company targeting industries such as hospitality, technology and real estate to raise up to $100 million in an initial public offering advised by Loeb & Loeb LLP, Norton Rose Fulbright LLP and Ogier.

  • April 23, 2026

    IRS Defends Ranch's Easement Deduction Disallowance

    The Internal Revenue Service properly disallowed a partnership's nearly $26 million charitable deduction for a donated easement on a 110-acre pasture, the agency told the Eleventh Circuit, urging it to affirm the lower court's decision.

  • April 23, 2026

    Baltimore Attorney Pleads Guilty In Real Estate Sales Scheme

    A Baltimore attorney has pled guilty to a federal bank fraud charge in connection with a real estate scheme that involved fake fees on property purchases inflated to deceive lenders.

  • April 23, 2026

    Prologis Goes Big On Data Centers In Q1

    Real estate investment trust Prologis Inc. dove deeper into the digital infrastructure industry in the first quarter of 2026, deploying more capital into data centers than logistics properties, its historical focus, according to executives during the company's latest earnings call.

  • April 22, 2026

    Citizenship Questions Can't End Fraud Suit Against SL Green

    A New York federal judge on Wednesday refused to toss a fraud suit accusing office-focused real estate investment trust SL Green Realty Corp. and several of its entities of conducting a fraudulent property transfer scheme in order to dodge a nearly $13 million judgment, ruling that allegations regarding the plaintiff's citizenship at the time it filed suit will have to be resolved later.

  • April 22, 2026

    Lockheed Birth Defect Trial Judge 'Disappointed' By Attys

    A Florida federal judge said Tuesday he's "puzzled and disappointed" in counsel who appear "unprepared" on the eve of trial in a suit by children who blame their birth defects on Lockheed Martin's chemical handling practices at an Orlando defense system manufacturing and research facility.

  • April 22, 2026

    2nd Circ. Amends Revival Of Mortgage-Backed Securities Suit

    The Second Circuit on Wednesday pulled back from a holding that mortgages underlying a union pension fund's mortgage-backed securities investments that tanked during the financial crisis were plan assets under federal benefits law in a proposed class action that the appellate court revived in March against Wells Fargo and Ocwen.

  • April 22, 2026

    Razzoo's Ch. 11 Plan Gets OK Following $18M Sale

    A Texas bankruptcy judge Wednesday signed off on the Chapter 11 liquidation plan of Cajun food chain Razzoo's, months after the debtor sold its assets for more than $18 million to a Dallas-based restaurant developer.

  • April 22, 2026

    Judge Agrees To Confirm Office REIT's Ch. 11 Plan

    A Texas bankruptcy judge said Wednesday he would sign off on the Chapter 11 plan outlined by Office Properties Income Trust, a real estate investment trust that owns and leases out office space nationwide, overruling objections to analyses backing the proposal.

  • April 22, 2026

    Mo. Airport Marriott Merits Lower Value, State Justices Affirm

    A Missouri airport Marriott built on land owned by the city is subject to a reduced property value despite the assessor's protests that the reduced value is unconstitutional, the state Supreme Court affirmed.

  • April 22, 2026

    Stoel Rives Hires Transactional Partner In Seattle Office

    Stoel Rives LLP has hired a Seattle-based partner with a transactional practice advising on corporate, investment and real estate matters.

  • April 22, 2026

    Data Center Development Faces A Shortage On People Power

    The competition for hard hat workers and specialized equipment for data centers is fiercer than ever, drawing resources away from other sectors and creating challenges for industrial developers, according to a Duane Morris construction attorney.

  • April 22, 2026

    Judge Won't Delay Calif. Resort Developer's Ch. 11 Timeline

    A Delaware bankruptcy judge Wednesday declined to override SilverRock Development's Chapter 11 timeline but cautioned that secured creditors' persistent concerns about a proposal to divvy up property sale proceeds may impact confirmation next month.

  • April 22, 2026

    Canyon Partners Lends $123.8M For Miami Apartment Project

    Canyon Partners Real Estate LLC said Wednesday it has provided a $123.8 million senior loan to private equity firm ACRE to develop a 337-unit, Class A residential complex as the second phase of a project in Miami.

  • April 22, 2026

    Womble Bond Hires Ex-White & Case RE Atty For Partner Role

    Womble Bond Dickinson has hired a former White & Case LLP partner who specializes in real estate financing and private capital market deals for a partner role in its New York City office, the firm recently announced.

  • April 22, 2026

    DHS Says Mich. Lacks Standing To Block Planned ICE Center

    The U.S. Department of Homeland Security and its U.S. Immigration and Customs Enforcement agency are fighting back against a suit filed by Michigan and one of its cities in Michigan federal court over a planned ICE detention center, arguing that the plaintiffs lack standing and that the Immigration and Nationality Act allows the federal government to convert a local warehouse into an immigrant detention center.

  • April 22, 2026

    REIT Capital Offerings Downshift, As Deal Activity Rises

    Real estate investment trusts raised approximately $10 billion via capital offerings in the first quarter of 2026, a slight decline from the prior year, even as mergers and acquisitions activity sped up, per a report from Nareit.

  • April 22, 2026

    Healthcare REIT Raises $462M In IPO Advised By 4 Firms

    Healthcare-focused real estate investment trust National Healthcare Properties began trading Wednesday after raising $462 million in an initial public offering guided by Paul Weiss, Greenberg Traurig LLP, Sidley Austin LLP and Venable LLP.

Expert Analysis

  • 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.

  • What To Watch As NY LLC Transparency Act Is Stuck In Limbo

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    Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.

  • Power Market Reforms Push Data Center Lease Rates Higher

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    Rising demand, constrained supply and ongoing reforms, amid a rush for reliable, near-term computing capacity, are putting pressure on data center leasing renewal rates in large markets such as the Electric Reliability Council of Texas and PJM Interconnection Inc., say attorneys at Weil.

  • Courts Stay Consistent In 'Period Of Restoration' Rulings

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    Three recent rulings centering on the period of restoration in lost business income claims followed the same themes in interpreting this infrequently litigated, but highly consequential, provision of first-party property and time element insurance coverage, say attorneys at Zelle.