Commercial
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January 05, 2026
Delaware Chancery Narrows Real Estate Valuation Suit
A Delaware Chancery Court judge on Monday narrowed the scope of a lawsuit over a disputed real estate valuation, dismissing a contract claim while allowing an implied-covenant claim to proceed based on allegations that the managing member improperly influenced an independent appraisal, with limited discovery to follow.
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January 05, 2026
4 Firms Steer $1.7B Take-Private Of Canadian Multifamily REIT
A group of four law firms guided a take-private acquisition of Minto Apartment Real Estate Investment Trust by affiliates of parent company Minto Group and investment manager Crestpoint Real Estate Investments, an all-cash deal valuing the REIT at $1.7 billion.
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January 05, 2026
Haynes Boone Adds Pair Of Data Center Pros From Mintz
Haynes Boone on Monday announced the hiring of two veteran Mintz Levin Cohn Ferris Glovsky and Popeo PC attorneys who are experienced with data center deals for the firm's real estate practice group in New York City.
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January 05, 2026
CareTrust REIT Buys Mid-Atlantic Nursing Portfolio For $142M
CareTrust REIT, a healthcare-focused real estate investment trust, said Monday that it has acquired six skilled nursing facilities in the Mid-Atlantic for a combined $142 million.
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January 02, 2026
Ga. Partnership Contests Denial Of $15.7M Property Donation
A Georgia partnership invoked the Fifth Amendment in defending its $15.7 million conservation easement tax deduction in the U.S. Tax Court, arguing that the IRS in denying the deduction effectively is taking private property for public use without just compensation.
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January 02, 2026
Hilton Hotel Tax Valuation Rightly Cut, Minn. Justices Told
Minnesota's tax court was correct in reducing the tax valuations of a Hilton hotel and convention center, which included a $70 million drop in one year, the property owner told the Minnesota Supreme Court.
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January 02, 2026
Ind. House Bill Would Allow Municipal Tax On Shorter Rentals
Indiana would authorize municipalities to impose an innkeeper's tax on the rental of rooms and other accommodations in hotels and motels for less than 30 days under a bill filed in the state House of Representatives.
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January 02, 2026
Taft Names Atlanta, DC Leaders After Morris Manning Merger
Taft Stettinius & Hollister LLP and Morris Manning & Martin LLP have begun the New Year after completing their merger and the combined firm has named a trio of Morris Manning partners to lead its offices in Atlanta and Washington, D.C., and recruit attorneys to grow their presence.
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December 23, 2025
Interest Grows In Little-Used NY Child Care RE Tax Break
After New York increased a little-used property tax break for landlords of child care centers, and extended its application window through 2027, both landlords and child care providers are showing more interest in the program.
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December 23, 2025
OCC Wants To Preempt State Mortgage Escrow Interest Laws
The Office of the Comptroller of the Currency has unveiled a pair of proposals aiming to, among other things, preempt state laws requiring banks it regulates to make interest payments for escrow accounts connected to certain types of residential mortgage loans, calling it a "critical tool for reducing unnecessary burden."
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December 23, 2025
NFL's Chiefs Moving To $3B Stadium In Kansas
The Kansas City Chiefs are leaving their longtime home in Missouri to play in a new, $3 billion stadium in Kansas City, Kansas, that state's governor and the NFL team announced.
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December 23, 2025
Hudson Hotel Debtors Seek To Recast 'Ground Lease'
The developers behind the former Hudson Hotel in Manhattan have asked a Delaware bankruptcy judge to recharacterize a long-term "ground lease" tied to the property as a disguised financing arrangement, arguing the structure functions economically as a high-cost loan rather than a true lease and should not receive favorable treatment under the Bankruptcy Code.
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December 23, 2025
Razzoo's $18M Ch. 11 Sale OK'd, With 11 Sites To Stay Open
A Texas bankruptcy judge approved the $18 million sale of Cajun chain Razzoo's Inc.'s assets to a subsidiary of a Dallas-based restaurant developer, which plans to keep operating 11 of Razzoo's 20 remaining locations.
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December 23, 2025
Milbank Hires Digital Infrastructure, Energy Partner In NY
Milbank LLP has bolstered its New York office with the hire of a partner from Paul Hastings LLP with experience in the digital infrastructure and energy sectors, both in the U.S. and Latin America.
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December 23, 2025
Ashford Promotes One Of Its Longtime Attys For GC Spot
Ashford Inc. has promoted a veteran in-house attorney to be the Executive Vice President, General Counsel and Secretary of itself and two hotel-focused real estate investment trusts Braemar Hotels & Resorts Inc. and Ashford Hospitality Trust Inc., the alternative asset management company announced.
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December 23, 2025
Partnership Targets $9.4B Data Center Spend In Europe
The Canada Pension Plan Investment Board and Australia-based infrastructure firm Goodman Group said they have struck a deal to develop data centers in Europe, beginning with a $2.6 billion plan to build projects in Amsterdam, Paris and Frankfurt.
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December 23, 2025
Paul Hastings Guides Mavik's $685M Real Estate Fundraise
Credit-focused investment firm Mavik, advised by Paul Hastings LLP, said Tuesday it has closed its second real estate fund focused on special situations and overlooked assets at $685 million, surpassing the vehicle's target.
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December 22, 2025
Insurer Owes $8.9M For Storm Damage, Property Owners Say
An insurer owes an additional $8.9 million for wind and hail damage to an Indiana apartment complex, the property owners told a federal court Monday, saying the carrier has wrongfully limited coverage to approximately $785,000.
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December 22, 2025
4 Real Estate Sectors To Watch In 2026
Real estate attorneys are expecting trends that surfaced this year to continue and strengthen in 2026, and are keeping a close eye on a few sectors, including data centers and sports real estate development.
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December 22, 2025
Sallie Mae Investor Sues Over Late Student Loan Payments
Sallie Mae is facing a possible class action in New Jersey that accuses the company and its top executives of committing securities fraud by underselling an increase in student loan delinquencies.
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December 22, 2025
3 Firms Guide Kering's $450M NYC Mortgage Loan Deal
An entity connected to Kering Americas Inc. borrowed a $450 million mortgage loan that uses a downtown Manhattan commercial property as collateral, in a deal guided by Ropes & Gray LLP, White & Case LLP and Arnold & Porter Kaye Scholer LLP, according to official property records filed Monday.
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December 22, 2025
Cleary, Orrick Guide Alphabet's $4.75B Data Center Biz Buy
Alphabet Inc. has agreed to pay $4.75 billion to buy Intersect Power, a data center infrastructure developer the Google owner has partnered with for about a year, in a deal advised by Cleary Gottlieb Steen & Hamilton LLP and Orrick Herrington & Sutcliffe LLP, the companies said Monday.
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December 22, 2025
Downtown NYC Office-To-Resi Project Lands $867M Financing
A 30-story, office-to-residential conversion project in Lower Manhattan's Financial District, the largest of its kind, has secured an $867 million financing package from an array of lenders, borrower-side broker Walker & Dunlop announced Monday.
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December 22, 2025
Physicist Takes No-Jail Deal To End 'Buffalo Billion' Saga
A New York physicist who over a decade ago allegedly defrauded the Empire State's "Buffalo Billion" development initiative while serving as president of SUNY Polytechnic Institute copped to a conspiracy count Monday in another step toward closing a case that wound its way up to the U.S. Supreme Court.
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December 19, 2025
Hogan Lovells Guides Scholastic's $481M Leaseback Deals
Publisher Scholastic Corp. announced it has completed sale-leasebacks for its New York City headquarters as well as its largest distribution facility, noting the two deals generated $481 million in total proceeds.
Expert Analysis
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Smith's New Trump Indictment Is Case Study In Superseding
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.
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Consider Best Legal Practices For Commissioning Public Art
Commissioning public art for real estate projects can provide many benefits to real estate developers and the public, but it's important to understand the unique legal and contracting aspects of the process to ensure that projects are completed on time and on budget, says Sarah Conley Odenkirk at ArtConverge.
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Applying High Court's Domestic Corruption Rulings To FCPA
After the U.S. Supreme Court narrowed the domestic corruption statutes in three decisions over the past year and a half, it’s worth evaluating whether these rulings may have an impact on Foreign Corrupt Practices Act enforcement, and if attorneys can use the court’s reasoning in international bribery cases, says James Koukios at MoFo.
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Climate Among Many Factors Driving Up RE Insurance Costs
A proactive approach to risk management may determine the viability of the U.S. commercial real estate sector as weather crises and other factors drive insurance costs higher, says Ulrick Matsunaga at Crosbie Gliner.
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Bid Protest Spotlight: Debriefings, Timeliness, Documentation
James Tucker at MoFo examines three recent decisions from the Federal Circuit, the U.S. Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.
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A Look At Recent Case Law On Expedited Judgment In NY
A number of recent New York state court decisions clarify and refine the contours surrounding Civil Practice Law and Rule 3213, providing landlords, lenders and other payees guidance on how to seek accelerated judgment in certain litigation, says Alexander Lycoyannis at Holland & Knight.
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Dealmaker Lessons From CFIUS' New Enforcement Webpage
The Committee on Foreign Investment in the United States’ recently launched webpage, which details the actions — and inactions — that led to enforcement activity, provides important insights for dealmakers about filing requirements, mitigation commitments and the cost of noncompliance, say attorneys at Dechert.
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Reassessing Lease Provisions To Account For ESG Initiatives
As companies seek to build ESG considerations into their businesses, it's crucial to understand how such initiatives can quickly become significant enough to compel reassessment of lease agreement provisions, and how best to modify leases accordingly, say Julian Freeman and Gabe Pitassi at Cox Castle.
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Avoid Getting Burned By Agencies' Solar Financing Spotlight
Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.
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Co-Tenancy Clause Pointers For Shopping Center Landlords
Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at Cox Castle.
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Assessing Algorithmic Versus Generative AI Pricing Tools
A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.
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Navigating A Potpourri Of Possible Transparency Act Pitfalls
Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.
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Keys To Successful Commercial Property Insurance Claims
Excerpt from Practical Guidance
While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.