Commercial
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January 12, 2026
Adviser Claims REIT Stiffed It Over $2.1B Take-Private Deal
An advising firm has sued Plymouth Industrial REIT Inc. in Massachusetts state court, claiming the real estate investment trust is dodging its obligation to pay the adviser for helping the firm land a $2.1 billion acquisition offer.
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January 12, 2026
Real Estate Firm Closes Latest Investment Fund At Over $1B
Chicago-based investment firm Singerman Real Estate said Monday that it has closed its latest investment fund at more than $1 billion.
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January 12, 2026
Data Center Tenants Take On More Risk In $3 Trillion Market
Hyperscaler tenants are shouldering more construction risks than ever before in the digital infrastructure sector, a market Moody's Ratings forecasts will grow to $3 trillion in investment over the next five years, according to a Monday report.
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January 12, 2026
NH Bill Would Let Towns Tax Land, Buildings Separately
New Hampshire would allow cities and towns to adopt a property tax system that applies different rates to the value of land and the value of buildings under a bill introduced in the state House.
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January 12, 2026
NYC Must Face Claims It Wrongly Halted Chelsea Hotel Reno
A New York federal judge on Monday rejected New York City's bid for a quick win against a $100 million suit that accuses the city of wrongfully stopping renovations for the Hotel Chelsea after changing the building's classification.
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January 12, 2026
Split 11th Circ. Rules Petition Doesn't Apply To 'Cop City' Law
A split Eleventh Circuit has vacated a lower court injunction halting Atlanta's requirement that only city residents can collect signatures seeking to repeal ordinances, ruling that the referendum petition process can't be used to do away with a local law authorizing a lease for a police training facility dubbed "Cop City."
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January 12, 2026
Md. Bill Seeks Tax Credits For Service Station Conversions
Maryland counties or municipal corporations would be allowed to grant property tax credits for service stations that are converted to other uses under a bill introduced in the state Senate.
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January 12, 2026
2 Firms Advise On $450M La. Alumina Production Investment
Under a partnership with the U.S. Department of Defense, Atlantic Alumina Company said Monday it will invest $450 million into sustaining and increasing alumina production at a Louisiana facility, along with adding the country's first large-scale gallium production venture, in a deal advised by Linklaters LLP and Paul Weiss Rifkind Wharton & Garrison LLP.
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January 12, 2026
Calif. City Claims Void Development Deal In SoFi Owner's Suit
The city of Inglewood asked a California state court to dismiss real estate magnate Stan Kroenke's claim that he's owed $376 million in support costs on SoFi Stadium, arguing that a decade-old development agreement is void based on a state appeals court decision.
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January 12, 2026
KKR Real Estate General Counsel To Step Down
KKR has announced that the company's managing director and general counsel of real estate intends to resign following a transition period, according to a securities filing from a KKR real estate investment trust.
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January 12, 2026
JPMorgan Displaces Wells Fargo Atop Construction Debt Ranks
Ten U.S. banks held $5 billion or more in construction debt on the books as of the end of 2025's third quarter, with several banks trimming that figure from a quarter earlier and Wells Fargo and JPMorgan Chase swapping spots at the top.
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January 12, 2026
Mo. Commission Says Partially Built Hotel Property Valueless
Two properties that are leased by a Missouri city to developers through an economic development program are considered valueless, the Missouri Tax Commission ruled.
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January 12, 2026
Landlord Eviction Bid Blocked By Lease Renewal, Panel Says
A New Jersey appellate court has backed a Section 8 tenant's win against a Newark landlord's eviction suit, ruling on Monday that the renewal of the tenant's lease and subsequent accepting of her payments prevented the landlord from evicting her for not paying rent previously.
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January 09, 2026
Cuban Co. Urges Justices To Affirm Property Seizure Ruling
A Cuban state-owned entity is pressing the U.S. Supreme Court to find that a federal law allowing U.S. victims of property seizures by the Cuban government to seek damages does not automatically abrogate the sovereign immunity of state-owned agencies and instrumentalities targeted in such cases.
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January 09, 2026
Ready Capital, Broadmark Want Securities Suit Moved To NY
Two real estate investment trusts and other parties urged a Washington federal court to transfer the proposed securities class action they're facing to New York federal court, arguing that the move is needed because the suit overlaps with a case in that state.
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January 09, 2026
Jeffer Mangels Hospitality Pro Decamping To Blank Rome
Jeffer Mangels Butler & Mitchell LLP's former head of global hospitality has a signed deal to move to Blank Rome LLP, Law360 has learned.
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January 09, 2026
State Looks To Nix RealPage Case Over NY Rental Pricing Law
The New York attorney general's office urged a federal court Friday to toss a case from property management software company RealPage Inc. challenging a new state law that prohibits building owners from using software to collude on residential rental rates.
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January 09, 2026
BP Rebuttal Survives In Suit Over Stalled Ga. Truck Stop Build
An Ohio federal judge found that three related companies weren't owed distinct notice that TravelCenters of America considered them in breach of a contract to develop a Georgia truck stop after the BP affiliate terminated the deal in June 2023, prompting a lawsuit.
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January 09, 2026
Gov't Tells 4th Circ. SC Residents Can't Challenge Marsh Plan
The federal government has urged the Fourth Circuit to uphold the dismissal of a suit filed by South Carolina property owners challenging the approval of a local marsh mitigation bank plan, arguing the property owners lack Article III standing and their claims are "speculative."
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January 09, 2026
Elliott, Morning Calm Complete City Office REIT Take-Private
A joint venture of activist investor Elliott Investment Management and real estate investment firm Morning Calm Management completed its acquisition of Canada-based City Office REIT, in a take-private deal for $7 per share of common stock.
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January 09, 2026
Alpaca Adds Atlanta Property To Logistics Portfolio
Alpaca Real Estate announced it has acquired a 227,000-square-foot industrial property in Atlanta in partnership with Outrigger Industrial, part of a broader industrial strategy Alpaca announced in July.
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January 09, 2026
GAO Backs Air Force Denial Of Proposal With Excess Pages
The U.S. Government Accountability Office has denied a protest that a construction company lodged challenging its failure to secure a contract after the U.S. Air Force chose not to consider information on pages that exceeded the allowable limit.
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January 09, 2026
Hotel Debtors Defend Special Counsel Bid For DLA Piper
Debtors connected to the former Hudson Hotel in New York City urged the Delaware bankruptcy court to grant their request to retain DLA Piper as their special counsel for their Chapter 11 case despite objections from other parties.
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January 09, 2026
Taxation With Representation: King & Spalding, Torys, Milbank
In this week's Taxation With Representation, power generation company Vistra Corp. acquires Cogentrix Energy from Quantum Capital Group, real estate firm Minto Group partners with Crestpoint Real Estate Investments to take Minto's apartment-focused real estate investment trust private, and engineering services provider Jacobs acquires a remaining stake in PA Consulting.
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January 09, 2026
2 Firms Advise Bank's Slim-Profit Sale of Fla. Office Complex
With Katten Muchin Rosenman LLP and Riemer & Braunstein LLP advising, investment firm Lone Star Funds said Friday that it had acquired a South Florida office complex — spending just $1 million more than Deutsche Bank paid for the property a decade ago.
Expert Analysis
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Webuild Ruling Complicates Arb. Award Enforcement In US
A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.
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How To Avoid A Costly CPA Limitation Hidden In Most Leases
The lease audit rights clause is a seemingly innocuous provision in most commercial real estate leases that ends up costing tenants millions of dollars each year, as they have unwittingly agreed to retain only an accountant to investigate and settle financial issues, says Jason Aster at KBA Lease Services.
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Navigating FEMA Grant Program For Slope Fixes After Storms
In the aftermath of Hurricanes Helene and Milton, it is critical for governments, businesses and individuals to understand the legal requirements of the Federal Emergency Management Agency's grant programs to obtain funding for crucial repairs — including restoration of damaged infrastructure caused by landslides and slope failures, says Charles Schexnaildre at Baker Donelson.
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Smith's New Trump Indictment Is Case Study In Superseding
Special counsel Jack Smith’s recently revised Jan. 6 charges against former President Donald Trump provide lessons for prosecutors on how to effectively draft superseding indictments in order to buttress or streamline their case, as necessary, says Jessica Roth at Cardozo Law School.
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Consider Best Legal Practices For Commissioning Public Art
Commissioning public art for real estate projects can provide many benefits to real estate developers and the public, but it's important to understand the unique legal and contracting aspects of the process to ensure that projects are completed on time and on budget, says Sarah Conley Odenkirk at ArtConverge.
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Applying High Court's Domestic Corruption Rulings To FCPA
After the U.S. Supreme Court narrowed the domestic corruption statutes in three decisions over the past year and a half, it’s worth evaluating whether these rulings may have an impact on Foreign Corrupt Practices Act enforcement, and if attorneys can use the court’s reasoning in international bribery cases, says James Koukios at MoFo.
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Climate Among Many Factors Driving Up RE Insurance Costs
A proactive approach to risk management may determine the viability of the U.S. commercial real estate sector as weather crises and other factors drive insurance costs higher, says Ulrick Matsunaga at Crosbie Gliner.
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Bid Protest Spotlight: Debriefings, Timeliness, Documentation
James Tucker at MoFo examines three recent decisions from the Federal Circuit, the U.S. Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.
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A Look At Recent Case Law On Expedited Judgment In NY
A number of recent New York state court decisions clarify and refine the contours surrounding Civil Practice Law and Rule 3213, providing landlords, lenders and other payees guidance on how to seek accelerated judgment in certain litigation, says Alexander Lycoyannis at Holland & Knight.
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Dealmaker Lessons From CFIUS' New Enforcement Webpage
The Committee on Foreign Investment in the United States’ recently launched webpage, which details the actions — and inactions — that led to enforcement activity, provides important insights for dealmakers about filing requirements, mitigation commitments and the cost of noncompliance, say attorneys at Dechert.
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Reassessing Lease Provisions To Account For ESG Initiatives
As companies seek to build ESG considerations into their businesses, it's crucial to understand how such initiatives can quickly become significant enough to compel reassessment of lease agreement provisions, and how best to modify leases accordingly, say Julian Freeman and Gabe Pitassi at Cox Castle.
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Avoid Getting Burned By Agencies' Solar Financing Spotlight
Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.
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Co-Tenancy Clause Pointers For Shopping Center Landlords
Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at Cox Castle.