Commercial
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January 05, 2026
US Trustee Says DLA Piper Conflicted In Hudson Hotel Ch. 11
Two bankrupt entities tied to the former Hudson Hotel must not be allowed to retain DLA Piper LLP as special counsel in their Chapter 11 case, the U.S. trustee argued on Monday, saying the firm is conflicted due to its prior representation of the debtors' equity owner and proposed DIP lender.
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January 05, 2026
Dish Wins $32M Lease Dispute In Colo. Appeals Court
A Colorado appellate panel has unanimously affirmed a jury verdict in favor of Dish Wireless LLC after the court determined the master lease agreement governing a $32 million lease dispute between Dish and several telecommunications infrastructure companies was ambiguous.
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January 05, 2026
Ritz-Carlton Looks To Toss Trafficking Suit Against Ga. Hotels
The Ritz-Carlton asked a Georgia federal judge Friday to toss a lawsuit claiming it and other Atlanta hotels knew about but failed to prevent sex trafficking occurring at their properties, arguing it didn't knowingly benefit from the alleged trafficking.
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January 05, 2026
Starr, Collection Co. Reach Deal Over $4.4M Bad Faith Dispute
Starr Indemnity & Liability Co. struck a deal resolving a collections company's bid for $4.4 million in bad faith damages over underlying litigation concerning a real estate development in Washington state.
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January 05, 2026
Center Capital Nets $125M For Industrial Storage Expansion
Center Capital Partners announced Monday that it closed its second industrial outdoor storage fund with $125 million raised in conjunction with a joint venture, which allows the real estate investment firm to use more than $350 million for industrial outdoor storage acquisitions.
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January 05, 2026
Fla. Insurance Broker Gets New Trial For $1M Damages Verdict
A Florida state appeals court reversed a nearly $1 million jury award against an insurance broker over coverage for two businesses following Hurricane Matthew in 2016, granting a new trial after a jury found the company liable for breach of fiduciary duty and negligent misrepresentation.
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January 05, 2026
Related, Oxford Land $2.5B For Deloitte HQ Tower Build
Related Companies and Oxford Properties Group said Monday that they have fully capitalized their 70 Hudson Yards high-rise with $2.45 billion in financing as work on the 72-story project is underway.
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January 05, 2026
NY Court Voids Southampton's Cannabis Zoning Law
Local zoning laws that blocked a marijuana shop from opening in the Long Island town of Southampton were declared "null and void" by a New York state court, and the state's attorney general is asking a federal judge overseeing a nearly identical case to make a similar ruling.
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January 05, 2026
Annaly Capital Management CLO Retires After 16 Years
The top attorney at Annaly Capital Management Inc. has retired after working at the company for 16 years, but he will serve as a senior adviser through March, the company announced.
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January 05, 2026
DayOne Lands $2B For Global Data Center Development
Data center developer DayOne has secured $2 billion in equity financing in a Series C led by investor Coatue, advised by Latham & Watkins LLP, and Indonesia's sovereign wealth fund to develop digital infrastructure in Asia and Europe, the company said on Monday.
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January 05, 2026
Godfrey Shareholder Takes Real Estate Firm Irgens' GC Spot
Milwaukee real estate firm Irgens Partners LLC said Monday it has appointed a general counsel and chief administrative officer from the investment management practice group at Godfrey & Kahn SC.
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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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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.
Expert Analysis
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What's At Stake As 9th Circ. Eyes Cultural Resource Damages
In Pakootas v. Teck Cominco, the Ninth Circuit is faced with the long-unresolved question of whether cultural resource damages are recoverable as part of natural resource damages under the Superfund law — and the answer will have enormous implications for companies, natural resource trustees and Native American tribes, says Sarah Bell at Farella Braun.
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5 Insurance Types For Mitigating Tariff-Related Trade Losses
The potential for significant trade-related losses as a result of increased tariffs may cause companies to consider which of their insurance policies, including marine, builders risk, trade credit, and directors and officers, could provide coverage to alleviate the financial impact, say attorneys at Pillsbury.
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Avoiding Pitfalls Around New Calif. Commercial Lease Law
A California law that became effective this year requires commercial landlords to extend certain protections previously afforded to residential tenancies, and a few key provisions of the law especially warrant reexamination of leasing and operational processes, say attorneys at Holland & Knight.
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Measuring And Mitigating Harm From Discriminatory Taxes
In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.
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Addressing Tariff Price Escalation In Construction Contracts
As construction projects across the U.S. face uncertainty surrounding material price increases driven by government-imposed tariffs, owners and developers should draft strong contracts to protect themselves from tariff-related cost overruns and delays, say attorneys at Akerman.
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How The CRE Industry Is Adapting To Tariff Uncertainty
Amid uncertainty about pending tariffs and their potential ripple effects, including higher material costs, supply chain delays and tighter margins, commercial real estate industry players are focusing on strategic planning and risk mitigation, says Daniel Diaz Leyva at Day Pitney.
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Reconciling 2 Smoke Coverage Cases From California
As highlighted by a California Department of Insurance bulletin clarifying the effect of two recent decisions on insurance coverage, the February state appellate ruling denying coverage for property damage from smoke, ash and soot should be viewed as an outlier, say attorneys at Reed Smith.
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Contractor Remedies Amid Overhaul Of Federal Spending
Now that the period for federal agencies to review their spending has ended, companies holding procurement contracts or grants should evaluate whether their agreements align with administration policies and get a plan ready to implement if their contracts or grants are modified or terminated, say attorneys at DLA Piper.
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Contract Disputes Recap: Terminations Galore
Attorneys at Seyfarth examine three recent decisions in which the Civilian Board of Contract Appeals and the Armed Services Board of Contract Appeals provide valuable insights into contract terminations, modifications and the jurisdictional requirements for claims.
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Making The Opportunity Zones Program Great At Last
As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.
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Investor Essentials For Buying Federally Owned Property
Investors and developers can take advantage of the Trump administration's plan to sell government-owned real estate by becoming familiar with the process and eligible to bid, and should prepare to move quickly once the U.S. General Services Administration posts the list of properties for sale, say attorneys at Holland & Knight.
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How 2025 Is Shaping The Future Of Bank Mergers So Far
Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.
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Why NY May Want To Reconsider Its LLC Transparency Law
Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.