The second phase of the federal opportunity zones program, often referred to as OZ 2.0, will differ from the program's initial iteration in key ways that present unique legal considerations for developers of projects in held-over zones, according to attorneys.
A California law that took effect Wednesday and aims to increase housing near transit hubs has many cities up and down the state scrambling as they wait to hear back on their proposals for exemptions or exclusions.
Attorneys focused on affordable housing say that bipartisan legislation to address housing affordability contains welcome tweaks to existing programs, but will not fundamentally change the market dynamics that place housing out of reach for many.
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The second phase of the federal opportunity zones program, often referred to as OZ 2.0, will differ from the program's initial iteration in key ways that present unique legal considerations for developers of projects in held-over zones, according to attorneys.
A California law that took effect Wednesday and aims to increase housing near transit hubs has many cities up and down the state scrambling as they wait to hear back on their proposals for exemptions or exclusions.
Attorneys focused on affordable housing say that bipartisan legislation to address housing affordability contains welcome tweaks to existing programs, but will not fundamentally change the market dynamics that place housing out of reach for many.
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July 15, 2026
Specialty investment bank Ziegler has provided more than $304 million worth of bond financing for senior housing and healthcare nonprofit Fairview's expansion project for a retirement community in Connecticut, the bank announced.
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July 15, 2026
Two real estate investment trusts sponsored by SmartStop Self Storage REIT Inc. affiliates have agreed to a $1.2 billion all-stock merger that's being advised by Nelson Mullins Riley & Scarborough LLP, Venable LLP, Bass Berry & Sims PLC and Shapiro Sher Guinot & Sandler PA, SmartStop announced.
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July 15, 2026
The Minnesota Tax Court operated within its discretion to give 80% weight to Hennepin County's appraisal of a Minneapolis office building and 20% to the owner's, the county told the state Supreme Court, urging it to uphold the property's valuation.
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July 14, 2026
Daniel Gale Sotheby's International Realty has promoted its general counsel Carol A. Dunning to be its new chief legal officer and chief operating officer in its Cold Spring Harbor, New York office, the real estate brokerage announced.
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July 14, 2026
New York Gov. Kathy Hochul has signed an executive order that blocks any new hyperscale data center projects from being built in her state by temporarily pausing environmental permits for those types of projects, the governor's office announced Tuesday.
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July 14, 2026
A California federal judge has disqualified Quinn Emanuel Urquhart & Sullivan LLP and its attorney Alex Spiro from representing a commercial real estate platform in a copyright infringement suit brought by CoStar, agreeing that the firm's representation of CoStar in a different case should result in its removal from this one.
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July 14, 2026
Another former Clark Partington Hart Larry Bond & Stackhouse PA attorney has joined Jones Walker LLP as a partner in its corporate practice group and member of the real estate team in Pensacola, Florida.
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July 13, 2026
A North Carolina resident accusing Capital One's data processor Fidelity National Information Services of failing to prevent a power outage that prevented her and others from accessing funds has asked a district court for permission to file a bolstered version of her class claims following their dismissal without prejudice.
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July 13, 2026
Alterra IOS, advised by Rittenhouse Law, has closed on a $400 million refinancing from Truist and KeyBank for a portfolio of 99 industrial outdoor storage properties, the company announced Monday.
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July 13, 2026
A West Virginia federal judge correctly handed down an enhanced sentence to a real estate appraisal business owner convicted of failing to pay employment taxes, federal prosecutors told the Fourth Circuit, urging the court to affirm the court's sentence.
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July 13, 2026
A building products manufacturer is not entitled to coverage after reimbursing its financial adviser $9.8 million for defense and settlement costs incurred in litigation over a take-private transaction, the company's excess directors and officers insurers told a North Carolina federal court.
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July 13, 2026
A Pittsburgh industrial equipment company says a short-line railroad adjacent to its property has suddenly stopped a decades-long practice of allowing it to use an access road alongside the tracks, closing off access to the company's loading docks, according to a lawsuit filed in Pennsylvania state court.
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July 13, 2026
Latham and Nixon Peabody are among the law firms that scored work on the top New York City real estate deals that hit public records last week, most of which were residential transactions.
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July 13, 2026
Inspired Healthcare Capital, a private equity firm focused on senior living facilities, has notified a Texas bankruptcy court it has received bids worth more than $252 million to serve as the baseline for an upcoming auction of a dozen properties in its Chapter 11 case.
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July 13, 2026
A marijuana dispensary in Michigan's Upper Peninsula told a federal court that a Michigan municipality changed cannabis licensing rules midway through the process and committed fraud and breach of contract.
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July 13, 2026
The U.S. government told a federal judge that it's actually still considering plans to turn a New Jersey warehouse into an immigrant detention center, a week after it reported it no longer intended to pursue the challenged project.
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July 13, 2026
Cox Castle & Nicholson LLP announced Monday that an experienced real estate attorney who founded and led Procopio Cory Hargreaves & Savitch LLP's Native American practice has joined the firm's San Diego office as a partner.
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July 10, 2026
The Trump administration on Friday said it's scrapping a long-standing definition of "harm" for the Endangered Species Act that included habitat degradation, with environmental groups promising a legal challenge and warning the change will put imperiled species at greater risk of extinction.
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July 10, 2026
Wachtell and Goodwin are among more than 20 law firms that helped with the 10 largest global real estate mergers and acquisitions of the first half, which included two transactions above the $20 billion mark.
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July 10, 2026
Suntex Enterprises Inc. is currently having "advanced discussions" with a "private Canadian development group" about a Canadian mixed-use project that's estimated to cost $400 million, the real estate company announced Friday.
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July 10, 2026
New York City's average retail space availability in multiple prime submarkets dipped to 11.9% in the second quarter of 2026, which is the lowest it's been since the third quarter of 2017, according to a JLL report.
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July 10, 2026
In this week's Taxation With Representation, Solstice Advanced Materials Inc. acquires specialty chemicals technology company Element Solutions Inc., Vertex Pharmaceuticals Inc. buys Crinetics Pharmaceuticals Inc., and Lockheed Martin acquires naval defense company Ultra Maritime.
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July 10, 2026
Bradley Arant Boult Cummings LLP has added an Arnall Golden Gregory LLP partner in its Atlanta office, strengthening its bankruptcy and creditors' rights practice with an attorney who brings more than 25 years of legal experience.
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July 09, 2026
Environmental groups urged a D.C. federal judge to reject an attempt by SpaceX and the federal government to transfer the groups' lawsuit challenging a land-exchange deal to Texas, saying the deal was reviewed and approved by officials and lawmakers in D.C.
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July 09, 2026
New York City has settled its suit accusing Extra Space Storage Inc. of predatory business practices for more than $1.7 million, resolving its claims before the city's new self-storage licensing program takes effect Aug. 25.