Commercial

  • August 26, 2026

    These Firms Have Guided Top Higher Ed Real Estate Projects

    In tandem with the start of the fall 2026 semester, Law360 Real Estate Authority takes a look at the 10 largest ongoing nonresidential higher ed real estate projects and the law firms and lawyers that have been assisting.

  • August 26, 2026

    JLL Guides $856M Financing For Boston Mixed-Use Tower

    Developer Millennium Parters has secured $856 million in total financing from Morgan Stanley, Barclays and Nuveen Green Capital for a Class A office and luxury residential tower that is the tallest building in Boston's financial district, according to an announcement from broker JLL on Wednesday.

  • August 26, 2026

    Pondering New Life For Miami Courthouse On Auction Block

    Amid the new towers reshaping Miami's skyline, one of the city's most prominent buildings is looking for its second act, as bids close this Friday in an auction for the shuttered Miami-Dade Courthouse. Law360 Real Estate Authority recently spoke with Zion Mass, founder of Miami-based Mass Construction, about the prospects and pitfalls confronting potential bidders.

  • August 25, 2026

    Airport Terminals Co. Wants DC Circ. To Revive Contracts Suit

    A California-based company that builds and operates private luxury airport terminals is appealing the dismissal of its suit in a District of Columbia federal court against the Metropolitan Washington Airports Authority, which was accused of deliberately trying to avoid awarding the company airport terminal construction contracts.

  • August 25, 2026

    Pot Shop Seeks Quick Win Against Jushi On Antitrust Claims

    A Massachusetts dispensary is urging a federal court to rule that cannabis giant Jushi Holdings and others violated antitrust law by using a $10 million merger provision designed to block the dispensary from opening a nearby store, causing it to ultimately crumble.

  • August 25, 2026

    Summer Camp Owner Accused Of $13M COVID Relief Fraud

    Federal prosecutors said Tuesday that 26 summer camps illegally reaped more than $13 million from a COVID-19 relief program after one of their now-bankrupt owners allegedly "repeatedly lied" on loan documents.

  • August 25, 2026

    Ga. Justices Press Hotel Co. On Bid To Upend $38.4M Loss

    Georgia's highest court questioned Tuesday whether precedent supported a hotel operator's push to unravel a $17.4 million attorney fee award that came on top of $21 million in damages won by a teenager who was assaulted at one of the company's inns.

  • August 25, 2026

    Hotel Developer Says Architect Botched Design, Cost $10M

    The developer of a luxury hotel in Aspen, Colorado, claimed that the project's architecture firm caused more than $10 million in damages by making a series of errors and omissions in its work, according to a complaint filed Monday in Colorado state court.

  • August 25, 2026

    Developers Plan $350M Retail, Residential Project in Tenn.

    A Chattanooga, Tennessee-based developer said it plans to begin work in 2027 on a $350 million retail and residential district being developed in partnership with retail and mixed-use development firm Hill Partners and architect and designer Perkins&Will.

  • August 25, 2026

    2 Firms Guide Windjammer's $350M Smart Parking Co. Sale

    Private equity investor Windjammer Capital will sell its smart parking infrastructure company IPS Group Inc. to online commerce platform Nayax Ltd. in a $350 million all-cash, no-debt sale guided by Kirkland & Ellis LLP and Reed Smith LLP, Windjammer and Nayax announced Tuesday.

  • August 25, 2026

    Tribunal Lets UK Tax Offshore Developer, Avoid £1B Refunds

    The U.K. can levy £5.4 million ($7.4 million) in taxes on an Isle of Man developer's profits from selling land in Kent, the Upper Tribunal said Tuesday in a case that could allow HM Revenue & Customs to avoid issuing more than £1 billion in refunds.

  • August 25, 2026

    Emerald AI Hits $1.05B Valuation In $150M Series A Round

    Emerald AI, a company developing software to reduce or change power usage of AI data centers while electric grids are under stress, said Tuesday that it raised $150 million in a funding round valuing the company at $1.05 billion.

  • August 25, 2026

    New Mexico Justices Pause Permit, Hearing For Data Center

    New Mexico's Supreme Court in a pair of rulings paused an air permit hearing and ordered a developer to stop drawing water from the construction site of Oracle, OpenAI and SoftBank's Project Jupiter data center, leading a lawmaker to call on state officials to release more information about the project.

  • August 25, 2026

    Mo. Medical Co. Denied Tax Breaks Over Bonus Policy

    A nonprofit operator of medical clinics is ineligible for a charitable tax exemption for a host of its properties in three Missouri counties because bonuses for some of its leadership employees are tied to the organization's net earnings, the state Tax Commission ruled.

  • August 25, 2026

    Debevoise Real Estate Chair On Following Where Clients Lead

    Edward M. Rishty, a partner at Debevoise & Plimpton LLP who became chair of the firm's real estate group earlier this month, recently spoke to Law360 Real Estate Authority about his practice priorities, trends he's seeing in the market, and his family's special connection with the industry.

  • August 24, 2026

    Enviro Groups' Drilling Suit Lacks Imminent Harm, Judge Says

    Environmental groups sued too early over a move last year by President Donald Trump to revive the prospect of Arctic oil and gas leasing in offshore areas that prior administrations deemed off-limits, an Alaska federal judge ruled Monday, saying the plaintiffs have not demonstrated a "substantial risk of imminent harm."

  • August 24, 2026

    Seattle Hookah Lounge Sued Over Fatal Shooting

    The family of a woman shot and killed at a hookah lounge in Seattle are suing several companies connected to the establishment in Washington state court, claiming they negligently allowed violence to occur and failed to provide adequate security despite a known "history of criminal activity" at the location.

  • August 24, 2026

    Barings Closes $72.6M Loan For Mass. Office Campus Deal

    Barings has provided a $72.6 million loan to finance a joint venture's acquisition of a three-building, 409,197-square-foot office campus in Needham, Massachusetts, the alternative investment manager announced on Monday.

  • August 24, 2026

    5th Circ. Says IRS Penalty Suit Is Beyond Court Review

    The Internal Revenue Service's penalty imposed on a partnership for inaccurately reporting a Louisiana conservation easement transaction is considered a tax collection matter outside federal courts' jurisdiction, the Fifth Circuit ruled, declining to review a constitutional challenge against the penalty.

  • August 24, 2026

    Opportunity Zone Changes May Lessen Challenges, GAO Says

    Changes to the federal opportunity zone program, including broader reporting requirements, may mitigate some of the challenges state officials have encountered with the initial program, the Government Accountability Office said in a report Monday.

  • August 24, 2026

    Regulators Approve CrossCountry, Two Harbors Merger

    Mortgage servicing-focused real estate investment trust Two Harbors Investment said Monday that it has received final regulatory approval for a $1.2 billion merger with Ohio-based origination company CrossCountry Mortgage, clearing the transaction to take effect on Tuesday.

  • August 24, 2026

    Residents Ask To Drop SpaceX From Data Center Noise Suit

    A proposed class of Mississippi residents told a federal court that they are OK with SpaceX exiting their lawsuit, which accused a trio of companies led by Elon Musk of causing a public nuisance with the noise from power generators at three AI data centers.

  • August 24, 2026

    White & Case Adds Ex-Kirkland Real Estate, M&A Pro In Miami

    White & Case LLP confirmed Monday that it added a Miami partner to its global mergers and acquisitions practice and global real estate industry group from Kirkland & Ellis LLP.

  • August 24, 2026

    NYC Real Estate Week In Review

    Greenberg Traurig and Kalamotousakis Law Group are among the law firms that scored work on the largest New York City real estate deals that became public last week, with a $65 million Manhattan trade leading the way.

  • August 24, 2026

    Utah Ski Project Nabs $131M Additional PACE Funding

    Commercial lender X-Caliber Capital said in a Monday news release that it has provided $131 million in clean energy financing to help a developer build luxury townhomes with direct ski access as part of the second phase of an expansion in Park City, Utah.

Expert Analysis

  • Strategies For Retailers, Landlords In M&A Portfolio Reduction

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    With more retailers likely to merge or be acquired in 2026, both landlords and companies looking to renegotiate their real estate footprints can strike successful deals through advance planning, understanding rights allocations and maintaining realistic leverage assessment, say attorneys at Jenner & Block.

  • What Cos. Must Know About Pa.'s Proposed Data Center Regs

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    Under Pennsylvania Gov. Josh Shapiro's new proposal to balance hyperscale data center infrastructure with grid stability, water resources and community transparency, businesses in the state face a strategic choice: wait for binding requirements to emerge, or proactively align projects with the standards now, say Wade Stephens and Sasha Burton at Langsam Stevens.

  • Where Ceding Control In Joint Ventures Ups Developer Risks

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    With new data predicting liquidity will continue drying up in 2026, developers seeking relief via joint venture restructurings should understand how relinquishing an asset's control to a capital partner could have stark consequences, and where negotiations over governance and control triggers present the greatest legal and structural risks, say attorneys at Jenner & Block.

  • How SF Family Zoning Suit Could Stymie City, Builder Goals

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    A recent suit asserting that San Francisco should further study the environmental impact before permitting taller buildings with more family residences could disrupt the work of project developers and local government — and give pause to other cities rezoning to add housing capacity, says Phillip Babich at Reed Smith.

  • How Blockchain Could Streamline Real Estate Transactions

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    As U.S. real estate markets face pressure to adopt digital frameworks, blockchain technology offers a credible solution for consolidating execution, payment and recording into a single record, with a unified ledger potentially replacing fragmented processes with digitally authenticated events, say attorneys at King & Spalding.

  • Del. Dispatch: Workplace Sexual Misconduct Liability In Flux

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    Following the Delaware Court of Chancery's recent contradictory rulings in sexual misconduct cases involving eXp World, Credit Glory and McDonald's, it's now unclear when directors' or officers' fiduciary duties may be implicated in cases of their own or others' sexual misconduct against employees, say attorneys at Fried Frank.

  • CFIUS Initiative May Smooth Way For Some Foreign Investors

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    A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.

  • How AI Data Centers Are Elevating Development Risk In 2026

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    As thousands of artificial intelligence data center constructions continue to pop up across the U.S., such projects must be treated not as simple real estate developments, but as infrastructure programs where power, supply chains and technology integration all drive both schedule and risk, say attorneys at Cozen O’Connor.

  • Tips For Counsel As PE Eyes Data Center Facility Services

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    As private equity interest in specialized commercial facility services providers heightens, considerations for counsel and private equity investors run the gamut from contract transferability to facility compliance, say attorneys at Morgan Lewis.

  • CFIUS Must Adapt To Current Foreign Investment Realities

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    To continue protecting the U.S.’ long-term strategic and economic interests, the Committee on Foreign Investment in the United States should implement practical enhancements that leverage technology, expertise and clear communication, and enable it to keep pace with evolving demands, says attorney Sohan Dasgupta.

  • Breaking Down Expense Allocation In Mixed-Use Properties

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    Rapid increases in condominium fees and special assessments, driven by multiple factors such as rising insurance costs and expanded safety requirements, are contributing to increased litigation, so equitable expense allocation in mixed-use properties requires adherence to the governing documents, says Mike Walden at FTI Consulting.

  • 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.