Commercial

  • May 05, 2026

    2nd Circ. Says NY Escrow Interest Law Is Preempted, Again

    The Second Circuit ruled Tuesday that national banks are exempt from a New York law that requires interest to be paid on mortgage escrow accounts, handing a key victory to Bank of America NA in closely watched litigation testing the limits of states' banking regulatory authority.

  • May 05, 2026

    Newmark Lines Up $207M Logistics Portfolio Sale

    Newmark Group Inc. has lined up a $207.5 million portfolio sale of 19 shallow bay logistics properties located in Illinois, Ohio, Texas and Indiana, the commercial real estate adviser announced Tuesday.

  • May 05, 2026

    It's A Landlord's Market At Last, Office REITs Say

    As New York's office market notched its best first quarter for leasing in more than a decade, office owners said they're seeing demand return to cities such as San Francisco and Chicago as well as Class B buildings in signs that a landlord's market is arriving.

  • May 05, 2026

    Sunstone Hotel Cuts GC Role In Exec Restructuring

    Sunstone Hotel Investors Inc. announced the departure of its general counsel on Tuesday, saying that it is eliminating the position from its management structure amid a larger reshuffling.

  • May 05, 2026

    Jack Nicklaus, TWG Announce South Fla. Private Club Project

    Legendary golfer Jack Nicklaus, his family and investment holding company TWG Global are teaming up to convert a former South Florida golf and country club into a private club that has a golf course, a clubhouse, a wellness center and more, the Nicklaus family and TWG have announced.

  • May 05, 2026

    2 Firms Guide NYC Residential Tower's $158M Refi

    RXR Realty has refinanced a $158 million loan originated by Otéra Capital and secured by a recently constructed New York City apartment building, in a deal guided by Gibson Dunn & Crutcher LLP and Fried Frank Harris Shriver & Jacobson LLP.

  • May 04, 2026

    Miami Mayor Pursues Reforms To Sustain City's Growth

    An appearance by recently elected Miami Mayor Eileen Higgins at a local law firm's annual development conference provided insights into her approach to governing and several initiatives her administration is pursuing as the city tries to sustain its upward trajectory.

  • May 04, 2026

    Dentons Adds More K&L Gates Attys To New SC Office

    Dentons US LLP has hired four former K&L Gates LLP real estate attorneys for partner and counsel roles in its recently opened Charleston, South Carolina, office, adding to the office's other ex-K&L Gates staff, the firm announced Monday.

  • May 04, 2026

    Digital Asset Co. Mulls Merger With CEO-Linked Housing Biz

    Digital asset treasury FG Nexus has formed a special committee to consider a merger with a manufactured housing operator that's led by the same founder, as the cryptocurrency company weighs options to boost its share value, per a Monday announcement.

  • May 04, 2026

    Minn. Valuation Tampering Claim Knocked Down By Tax Court

    A Minnesota attorney's claim that a county assessor tampered with a witness in a valuation dispute was rejected by the state's tax court, which called the accusation "scurrilous" and found the attorney willfully failed to timely disclose key information.

  • May 04, 2026

    3 Firms Guide New Blackstone REIT In $1.8B IPO Target

    A Blackstone real estate investment trust focused on data centers aims to raise $1.8 billion in an upcoming initial public offering next week advised by Simpson Thacher & Bartlett LLP and Paul Hastings LLP.

  • May 04, 2026

    Tax Court Slashes $30M Deductions For Georgia Easements

    The U.S. Tax Court slashed two partnerships' charitable tax deductions worth a combined $30 million for a pair of conservation easement donations, ruling Monday that the easements' outsize valuation was an attempt to make "too many fast nickels."

  • May 04, 2026

    Healthcare REIT OKs $528M Outpatient Medical Portfolio Sale

    National Healthcare Properties Inc. has agreed to sell an 86-property outpatient medical portfolio in a $528 million sale that's supposed to be completed in 2026's third or fourth quarter, the healthcare-focused real estate investment trust announced Monday.

  • May 04, 2026

    Managers Of Embattled Easement Say RICO Suit Lacks Details

    Investment fund managers behind a conservation easement donation whose charitable tax deduction was embroiled in litigation asked a Georgia federal court to toss a racketeering suit against them by a pair of investors, arguing the fraud claims do not match the allegations.

  • May 04, 2026

    Two Harbors Backs CrossCountry Bid Over $1.3B UWM Offer

    Two Harbors Investment Corp.'s board of directors prefers CrossCountry Mortgage LLC's proposed $1.2 billion all-cash acquisition of the real estate investment trust over UWM Holdings Corp.'s revised $1.3 billion all-stock bid, which "is inferior across multiple dimensions," Two Harbors announced on Monday.

  • May 04, 2026

    NYC Real Estate Week In Review

    Goodwin Procter and Polsinelli are among the law firms that guided the largest New York City real estate deals that hit public records last week, with a Bronx buy topping the list.

  • May 04, 2026

    4 Firms Guide Global Net Lease's $535M Modiv Industrial Buy

    Global Net Lease said Monday that it has agreed to pay $535 million to acquire industrial-focused real estate investment trust Modiv in a deal advised by Paul Weiss Rifkind Wharton & Garrison LLP, Greenberg Traurig LLP, Morrison Foerster LLP and Venable LLP.

  • May 04, 2026

    REIT Offloads NYC Hotel For $33M Ahead Of Needed Repairs

    Real estate investment trust DiamondRock Hospitality said Monday that it has sold its stake in a Manhattan hotel for $33 million ahead of upcoming capital improvement needs at the property.

  • May 01, 2026

    Mass. Residents Sue Over Data Center's Expansion

    A group of Lowell, Massachusetts residents has accused the state's Department of Environmental Protection of wrongfully approving "a flawed air quality plan" for the expansion of a 14-acre, 352,000-square-foot data center that's allegedly been polluting their community.

  • May 01, 2026

    Lender Seeks Sale Of Colo. Building After $22.3M Default

    An Arizona investment firm asked a Colorado state court judge Thursday to foreclose on a commercial condominium after the owners defaulted on more than $22 million worth of loans.

  • May 01, 2026

    Hartford Unit Owed Contractor Coverage In Data Center Row

    A Hartford insurance specialty unit had a duty to defend a building contractor against an underlying suit over a data center's construction even after defamation claims were dropped, a California federal judge ruled, finding that existing claims could have exposed the contractor to additional defamation allegations.

  • May 01, 2026

    Extell Eyes Upper West Side Supertall Residential Tower

    Extell Development is seeking to build a nearly 1,200-foot residential tower on the Upper West Side in Manhattan, the tallest proposed residential project in New York, according to filings with the city in late April.

  • May 01, 2026

    Saks Gets OK For Plan Disclosure With Creditor Deal

    A Texas bankruptcy judge Friday approved Saks Global's Chapter 11 plan disclosure statement after hearing the retailer had struck a deal to split future litigation proceeds between the providers of its bankruptcy financing and its unsecured creditors.

  • May 01, 2026

    Continuum JV Lands $344M For 2-Tower Miami Project

    Developer Continuum Co. said its joint venture has secured $344 million in construction and predevelopment loans to pursue a two-tower project on Biscayne Bay that could construct more than 500 condo units in two phases.

  • April 30, 2026

    Verizon Slaps Landowner With Counterclaims Over Tower Lease

    Verizon is fighting back after a North Carolina federal judge declared that the lease for land a cell tower was constructed on is invalid, laying down a set of counterclaims accusing the landowner of using it to build up the site before canceling the lease.

Expert Analysis

  • AI Data Center Boom May Spur Wave Of Toxic Tort Suits

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    Nascent litigation matters against data center operators, set against limited government regulation and a growing body of public health research, suggests we may be on the cusp of an era of mass toxic tort claims, with a liability framework firmly rooted in precedent from other industries, says Benjamin Heller at RFZ Law.

  • How Data Center Accounting May Draw Enforcement Scrutiny

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    As public and media scrutiny of the data center industry intensifies, regulators, enforcement authorities and Congress will likely focus on accounting judgments that rely on aggressive assumptions, opaque financing structures or rapidly evolving collateral classes, heightening the risk of investigations and inquiries, say attorneys at King & Spalding.

  • NY's Growing Enviro Reg Framework Will Transform Projects

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    Three closely connected environmental rulemakings in New York state — concerning greenhouse gas reporting, remediation standards and amendments to the State Environmental Quality Review Act — have reached critical stages, and taken together, they will have major impacts on business operations, construction project timelines and transactional risk, say attorneys at Holland & Knight.

  • What's At Stake For Employers In Fight Over Visa Pause

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    For employers that rely on foreign talent, the Trump administration’s suspension of immigrant visa issuance for the nationals of 75 countries is creating practical problems, and a recently filed lawsuit challenging the pause could determine whether consular processing, for some, ceases to be an individualized process, says attorney Lisa Eisenberg.

  • 8 Reasons To Consider Maryland As A 'DExit' Option

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    While Nevada and Texas have garnered the most attention as alternative states of incorporation for companies considering leaving Delaware, Maryland offers considerable benefits too, including a predictable statutory framework, robust anti-takeover protections, sophisticated business courts with decades of experience, and more, say attorneys at Miles & Stockbridge.

  • Small And Midsize Business Finance Faces More State Regs

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    Recent developments in state credit disclosure, consumer debt collection, and lender licensing and registration requirements suggest that companies extending financing to small and midsize businesses are likely to encounter a significantly more stringent legal climate moving forward, say attorneys at Manatt.

  • How Courts Are Clashing Over FinCEN Real Estate Rule

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    A Texas federal court's recent decision in Flowers v. Bessent has vacated the Financial Crimes Enforcement Network's anti-money laundering rule for residential real estate transfers, but significant uncertainty remains due to the ruling's direct conflict with other recent federal court decisions, say attorneys at Katten.

  • What DOL Proposal Signals For 401(k)s, Alternative Assets

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    The U.S. Department of Labor recently published a highly anticipated proposed rule that could establish more defined pathways for 401(k) plan fiduciaries to consider investment options with greater alternative asset exposure, and help fund sponsors and investment managers develop such options, say attorneys at Cleary.

  • Legal And Regulatory Keys To Sustainable Building Projects

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    While the federal government continues to roll back environmental regulations, market momentum toward high-performance, energy-efficient commercial real estate as a defining driver of long-term value remains robust — so developers should understand how applicable standards and regulatory frameworks will affect projects, say attorneys at CGS3.

  • Anticipating The Justices' Potential Ruling On Tax Takings

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    Recent oral arguments in the U.S. Supreme Court case Pung v. Isabella focused on rules for valuation, timing and administrability of tax auction proceeds and whichever method the court adopts for determining just compensation, it will have far-reaching impacts on tax collection, homeowners' equity and the secondary market for tax-foreclosed property, say attorneys at Holland & Knight.

  • Mortgage EO Casts Wide Net In Push To Ease Lending Rules

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    A recent executive order targeting mortgage credit access states an intent to promote competition among all types of lenders and is notable for its breadth, resetting regulatory expectations in a number of areas including origination, digitization and licensing, says Kara Ward at Baker Donelson.

  • Senior Housing Demands A Distinct Dealmaking Playbook

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    An aging population and evolving state regulations underscore a critical reality that senior housing assets can undergo operational or compliance shifts during dealmaking, highlighting the need for unique contractual safeguards like expanded disclosures, anchored notice obligations, and targeted closing conditions and remedies, say attorneys at Goodwin.

  • What New Fla. Citizens Bill Means For Surplus Lines Insurers

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    A Florida bill recently passed by the Legislature as part of a continued effort to depopulate Citizens Property Insurance, the state's insurer of last resort, creates an additional pathway for commercial policies to be written by surplus lines insurers, but also presents concerns of unnecessary regulation, say attorneys at Troutman.