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

  • What Changed For Healthcare Transaction Law In 2025

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    Though much of the legislation introduced last year to expand state scrutiny of healthcare transactions did not pass, investors should pay close attention to the overarching trends, which are likely to continue in this year's legislative sessions, say attorneys at Ropes & Gray.

  • How Developers Can Harness New Texas Zoning Framework

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    A Texas law introducing a new zoning framework has the potential to unlock meaningful multifamily development opportunities, but developers and their project teams should follow four steps to help identify how affected cities are interpreting and implementing the new law, says Angela Hunt at Munsch Hardt.

  • What To Know About NY's Drastic 3rd-Party Practice Changes

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    Last month, New York Gov. Kathy Hochul signed a law establishing new time limits for the commencement of third-party actions, which will have dramatic effects on insurance defense practice, particularly cases involving construction site accidents or claims of premises liability, says Shawn Schatzle at Lewis Brisbois.

  • Expect A New Normal In Commercial Real Estate This Year

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    Even amid office vacancies and a wave of loan maturities, the commercial real estate market isn't as volatile as one might expect heading into 2026, but market stress is still uniquely intersecting with broader business challenges, creating new opportunities for corporate counsel and other practitioners beyond real estate, says Mark Bell at Stinson.

  • For Data Centers, Both Hyperscale And Edge Are Key In 2026

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    Recent trends in development of data centers highlight the importance of proactive attention to the zoning, permitting, interconnection and contractual issues associated with both hyperscale and edge facilities, in order to position projects for responsible growth in 2026 and protect their long-term value amid rapid technological and regulatory change, say attorneys at Sidley.

  • 5 Lender Strategies When A Commercial Borrower Defaults

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    With an estimated $2 trillion in commercial real estate loans set to mature by 2027, now is an opportune time for lenders to review practices on both the front and back ends, and understand the full range of options available in the event of a default, says Keith Mundrick at Amundsen Davis.

  • How Workforce, Tech Will Affect 2026 Construction Landscape

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    As the construction industry's center of gravity shifts from traditional commercial work to infrastructure, energy, industrial and data-hosting facilities, the effects of evolving technology and persistent labor shortages are reshaping real estate dealmaking, immigration policy debates and government contracting risk, say attorneys at Cozen O'Connor.

  • Receivership Law May Streamline Real Estate Sales In Illinois

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    The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.

  • How Choice Of Law Won The Day In NC Biz Court COVID Case

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    The North Carolina Business Court recently ruled for policyholders in Tanger Properties v. ACE American Insurance, a business interruption lawsuit arising from the pandemic-related closure of Tanger outlet centers, underscoring the significant role that choice of law plays in insurance coverage disputes, say attorneys at Hunton.

  • The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

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    Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.

  • California Vapor Intrusion Policy Should Focus On Site Risks

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    As California environmental regulators consider whether to change the attenuation factor used in screenings for vapor intrusion, the most prudent path forward is to keep the current value for screening purposes, while using site-specific, risk-based numbers for cleanup and closure targets, says Thierry Montoya at Frost Brown.

  • What To Watch As NY LLC Transparency Act Is Stuck In Limbo

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    Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.

  • Power Market Reforms Push Data Center Lease Rates Higher

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    Rising demand, constrained supply and ongoing reforms, amid a rush for reliable, near-term computing capacity, are putting pressure on data center leasing renewal rates in large markets such as the Electric Reliability Council of Texas and PJM Interconnection Inc., say attorneys at Weil.