Commercial
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March 31, 2026
Rockpoint Nabs 2 NC Sites Amid Industrial Infill Push
Rockpoint acquired two light industrial centers in North Carolina, spanning nearly 280,000 square feet across six buildings in the Charlotte and Raleigh-Durham markets, the buyer announced.
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March 31, 2026
JPMorgan Can't Escape Wells Fargo's $481M CMBS Suit
A New York federal judge refused to toss Wells Fargo's breach of contract claim in its suit against JPMorgan Chase over a $481 million commercial mortgage-backed securities loan deal that Wells Fargo claims was based on false information and caused "tens of millions of dollars in losses."
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March 31, 2026
Fla. Startup's AI Tool Helps Local Governments Handle Growth
With its efforts to tap into artificial intelligence to automate portions of its permitting reviews, Florida's Walton County thinks it has found a way to achieve tangible benefits for a community grappling with the strains of rapid growth.
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March 31, 2026
Kirkland Advises Digital Realty On $3.25B Data Center Fund
Data center platform Digital Realty has said it closed its first U.S. hyperscale data center fund with $3.25 billion in equity commitments with Kirkland & Ellis LLP advising.
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March 31, 2026
Oracle Inks Office Lease Near Nashville Campus Build Site
Atlanta, Georgia-based real estate investment trust Cousins Properties said that Oracle agreed to lease a space in a Nashville, Tennessee, mixed-use development near where the software company is building a multibillion-dollar campus.
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March 30, 2026
Trade Group Backs Insurers In Tanger's COVID Coverage Row
The trade organization American Property Casualty Insurance Association is urging North Carolina's justices to reverse an order adverse to a pair of insurers in a $50 million COVID-19 coverage fight, arguing in an amicus brief that the order permits the "absurd" result of one of the state's statutes and its case law applying nationwide.
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March 30, 2026
100-Year-Old Mich. Group Hits Ch. 11 Amid Dispute With City
A century-old nonprofit organization, community center and event venue in a city just north of Detroit is seeking Chapter 11 Subchapter V relief, after its home city sued the group to stop a sale of its property as it faced declining revenues and increased expenses.
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March 30, 2026
Cos. Say UK Court Ruling Aids $440M Zimbabwe Award Bid
Two forestry and sawmill companies along with a Swiss-German family have told a D.C. federal court that a recent decision from Britain's top court rejecting Zimbabwe's sovereign immunity defense in a related case shows that $440 million of arbitral awards can be enforced.
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March 30, 2026
Data Center Satellite Co. Hits $1.1B Valuation In Series A Round
A company that develops data centers in space said Monday that it has raised $170 million in its Series A fundraising round, becoming a unicorn startup with a $1.1 billion overall valuation.
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March 30, 2026
NYC Real Estate Week In Review
Ice Miller and Goulston & Storrs are among the law firms that steered the largest New York City real estate deals that hit public records last week, with three large Brooklyn trades leading the way.
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March 30, 2026
NJ Town Says Mall's Sunday Sales Flatly Violate State Law
The New Jersey borough of Paramus urged a state court to not toss its suit against the owner of an East Rutherford mall that allegedly violated state laws that ban retailers from selling specific products on Sundays, saying it has standing to sue because the mall owner and the other defendants disobeying the state laws are economically harming the borough.
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March 30, 2026
Transamerica Pyramid Sale Now A Done Deal, At Nearly $692M
The iconic Transamerica Pyramid, San Francisco's second-tallest tower, has changed hands for $691.6 million, a source familiar with the matter told Law360 Real Estate Authority on Monday.
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March 30, 2026
VICI Inks $144M Sale-Leaseback In Canadian Casino Co. Buy
Casino-focused real estate investment trust VICI Properties said Monday that it has agreed to pay $144.4 million to buy two casinos and two hotels in a sale-leaseback deal that comes as part of Indigenous-owned Pure Casino Entertainment's acquisition of casino operator Gamehost Inc.
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March 30, 2026
Phelps Dunbar Hires Ex-Holland Knight Atty For Tenn. Office
Phelps Dunbar LLP has hired a former Holland & Knight LLP partner as a real estate partner in its Nashville, Tennessee, office with the aim of "strengthening the firm's ability to close complex deals and drive real estate development in Tennessee's fastest‑growing market," the firm recently announced.
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March 30, 2026
Judge Cites 'Game Of Thrones,' Pans Testimony In Rent Case
A Boston landlord is entitled to unpaid rent for a restaurant near Fenway Park, a state court judge found in a colorful order that cited "Game of Thrones" and largely ignored the testimony of attorneys called as witnesses for each side who sounded like "bunkered belligerents."
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March 30, 2026
Brief Backs Maryland Bid To Halt ICE Warehouse Conversion
A collection of local officials, religious leaders and civil rights groups is urging a federal judge to extend a pause on work to convert a Maryland warehouse into an Immigration and Customs Enforcement detention center that could hold up to 1,500 people a day.
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March 30, 2026
Deloitte Must Face Suit Over Philanthropists' Tax Bill
Deloitte lost its bid to avoid a June trial in a dispute over the accounting firm's handling of a $77 million share repurchase and planned charitable transfer that allegedly led to an unexpected tax bill for Boston-area developers and philanthropists William and Joyce Cummings.
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March 30, 2026
Justices Turn Away Case Over SEC Receivership Powers
The U.S. Supreme Court on Monday rejected a plea by a Dallas real estate developer to hear a challenge to the U.S. Securities and Exchange Commission's ability to seize the assets of alleged fraudsters before a trial can take place.
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March 27, 2026
LuxUrban Investors Seek 1st Green Light For $3M Settlement
Investors in LuxUrban Hotels Inc. seek an initial nod for their $3 million deal to end claims the bankrupt hotel-leasing business mischaracterized its portfolio growth and its financial results, leading to a trading price crash after it was revealed it lied about inking a certain Manhattan lease.
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March 27, 2026
Chemical Co. PQ Countersues Tacoma Port In Pollution Case
The Port of Tacoma's suit wrongfully seeks millions in remediation costs for contamination not associated with chemical company PQ LLC's operations on a Tacoma Tideflats property, the company has said in counterclaims brought against the port.
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March 27, 2026
Guests Ask High Court To Review Vegas Hotel Pricing Suit
Las Vegas hotel guests are asking the U.S. Supreme Court to review a Ninth Circuit ruling that refused to revive their proposed class action accusing casino-hotel operators of using software from Cendyn Group to illegally inflate room rates.
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March 27, 2026
Navy Fights Bid To Reopen Wash. Jet Flight Challenge
The U.S. Navy urged a Washington federal court Friday to reject an environmental group's bid to file a new complaint challenging its amended environmental impact analysis on expanding training flights on Whidbey Island, arguing that it would be "futile."
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March 27, 2026
Hospital System Beats Most Of REIT's $50M Floodwall Suit
A New York federal judge on Friday mostly tossed a real estate investment trust's $50 million suit against the New York City Health and Hospitals Corp. and the NYC Economic Development Corp. over the design of a proposed floodwall for a downtown Manhattan life sciences campus project.
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March 27, 2026
3 Firms Advise On $1.1B Acquisition Between Canadian REITs
Halifax, Canada-based Clarke Inc. said Friday it has agreed to acquire financially struggling Ravelin Properties, another Canadian real estate investment trust, in a deal valuing the combined company at $1.7 billion and advised by Bennett Jones LLP, Voorheis & Co. LLP and Thornton Grout Finnigan LLP.
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March 27, 2026
Ex-CEO Sues Former NJ AG Over Tossed RICO Case
The former CEO of The Michaels Organization, who was indicted in New Jersey's now-dismissed criminal racketeering case against South Jersey power broker George E. Norcross III, has accused former New Jersey Attorney General Matthew J. Platkin and other members of his office of commencing the prosecution knowing there was no probable cause.
Real Estate Private Credit's Moment To Shine
Even under scrutiny prompted by problems in corporate private credit, the real estate corner of private credit is holding up. Although both forms of debt are under the heading of private credit, attorneys that advise private credit borrowers, lenders and investors do not expect real estate private credit to get blowback from the corporate private credit world.
States Push To Rein In Data Centers Via Bans, Restrictions
Lawmakers across the country are weighing a gamut of rules for data center projects amid concerns about their use of resources and impacts on consumer electricity bills, including mulling temporary bans on development and repeals of tax breaks in states with big markets.
Iran Conflict Reveals Real Estate Risk And Resilience
The Iran conflict's impact on U.S. commercial real estate so far has been limited, but some real estate and construction attorneys in the U.S. and the Middle East are seeing early consequences, including clients invoking force majeure provisions.
Expert Analysis
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When 'Qualified Transferees' Can Chill UCC Foreclosures
A recent New York state court decision in a closely watched real estate dispute in WWP Mezz LLC v. WWP Mezz Investment Co. is a reminder to lenders, and a warning to borrowers, of the Uniform Commercial Code foreclosure's immense power as a lender remedy, says Joshua Wurtzel at Schlam Stone.
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AI Is Changing The Game For Lenders' Vendor Governance
Recent guidance from Freddie Mac and the Treasury Department reinforces that expectations surrounding AI oversight are beginning to shape how mortgage lenders operationalize vendor governance, which is emerging as a critical compliance challenge for the decade ahead, says Alexandra Temple at Mitchell Sandler.
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Human Diligence Crucial As AI Raises Real Estate Fraud Risks
A recent title fraud warning from Florida officials demonstrates that artificial intelligence has lowered the barrier to committing complex property scams, forcing real estate industry stakeholders and attorneys to prioritize contextual review in transactions, says Neil Cohen at Barsh and Cohen.
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Strategies For Retailers, Landlords In M&A Portfolio Reduction
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.
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Where Ceding Control In Joint Ventures Ups Developer Risks
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.
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How SF Family Zoning Suit Could Stymie City, Builder Goals
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.
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How Blockchain Could Streamline Real Estate Transactions
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.
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Del. Dispatch: Workplace Sexual Misconduct Liability In Flux
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.
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CFIUS Initiative May Smooth Way For Some Foreign Investors
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.
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How AI Data Centers Are Elevating Development Risk In 2026
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.
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Tips For Counsel As PE Eyes Data Center Facility Services
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.
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CFIUS Must Adapt To Current Foreign Investment Realities
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.
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Breaking Down Expense Allocation In Mixed-Use Properties
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.