Commercial

  • July 27, 2026

    Bankrupt Summer Camps Owner Says Brother Handled Loans

    David Shabsels, who listed $782 million of liabilities in his personal Chapter 11 bankruptcy case, said Monday he often signed loan documents that were given to him by his brother, against whom he may have future claims related to the downfall of the summer camp empire they previously controlled.

  • July 27, 2026

    Fertilizer Biz Asks Justices To Reverse Idaho Tribal Land Swap

    An Idaho agribusiness is asking the U.S. Supreme Court to undo a Ninth Circuit decision that invalidated a U.S. Department of the Interior land transfer over tribal concerns of contamination from a planned fertilizer plant expansion, arguing the ruling undermines the country's food security, thousands of jobs and millions in economic activity.

  • July 27, 2026

    EOS Lends $140M To Refinance Fla., Colo. Hotel Portfolio

    New York-based EOS Investors on Monday said its hospitality lending arm provided $140 million to refinance a portfolio of three hotels in Colorado and Florida owned by a KSL Capital Partners affiliate.

  • July 27, 2026

    Long Beach Hotel Renovation Co. Inks $80M Deal With Lender

    An entity used to renovate a century-old Long Beach, California, hotel reached an $80.8 million settlement with a New York lender in federal bankruptcy court after filing for Chapter 11 protection last fall.

  • July 27, 2026

    NC, Barings Unveil Expanded $2.1B Investment Partnership

    Alternative asset management company Barings and the North Carolina Investment Authority announced Monday that they have agreed to grow their partnership with $2.1 billion worth of investments.

  • July 27, 2026

    NYC Real Estate Week In Review

    Patterson Belknap and Lavian LLP landed work on two of the largest New York City real estate deals that became public last week, with a pair of residential trades topping the list.

  • July 27, 2026

    Brookfield, Nvidia Commit $10B To Korea AI Expansion

    Korean internet company Naver is set to receive $9 billion from investment manager Brookfield and $1 billion from artificial intelligence chipmaker Nvidia as part of an AI infrastructure push announced during a Monday visit to the U.S. by Korea's president.

  • July 24, 2026

    No Prison For Ex-COO In $284M Ariz. Sports Park Bond Fraud

    A Manhattan federal judge on Friday declined to sentence the former chief operating officer of a massive Arizona sports complex to prison over his role in a $284 million bond fraud scheme orchestrated by the project's developer and his son, citing the executive's prompt and significant cooperation with prosecutors.

  • July 24, 2026

    Zimbabwe Must Honor $441M Land-Seizure Arbitration Awards

    A D.C. federal judge on Friday enforced $441 million in arbitral awards issued to European investors whose property in Zimbabwe was seized under a controversial program aimed at returning land to the Indigenous population, pointing to the court's limited mandate for reviewing such awards.

  • July 24, 2026

    Ex-DLA Piper Tax Partner Rejoins Gibson Dunn

    Former DLA Piper partner James Manzione has returned to Gibson Dunn & Crutcher LLP as a tax partner in its New York City office.

  • July 24, 2026

    Amundsen Davis Sued For Malpractice Over Nobu Hotel Case

    Amundsen Davis is facing a lawsuit in Illinois federal court from the romantic partner of a construction executive convicted of misusing millions intended for Chicago's Nobu Hotel, alleging the firm failed to notify her of a roughly $750,000 turnover judgment entered against her personally before the window to appeal expired.

  • July 24, 2026

    Cornerstone, Old Republic Partly Settle $9.8M Coverage Suit

    A building products manufacturer has settled its coverage dispute with Old Republic Insurance Co., though its claims against Berkshire Hathaway Specialty Insurance Co., seeking $9.8 million in coverage for defense and settlement costs in other litigation, remain unresolved.

  • July 24, 2026

    Surgery Partners Stake Sale Values Idaho Hospitals At $1.2B

    Surgery Partners, an owner and operator of short-stay surgical facilities, said Friday it has reached a deal to sell its stake in two Idaho hospitals for nearly $800 million to Salt Lake City, Utah-based Intermountain Health.

  • July 24, 2026

    Taxation With Representation: Kleinberg Kaplan, Baker Botts

    In this week's Taxation With Representation, Brookfield Asset Management acquires Aypa Power from funds managed by Blackstone Energy Transition Partners, Brookfield and Canada Pension Plan Investment Board buy LXP Industrial Trust, and Novagold Resources Inc. and Paulson Advisers LLC agree to give Novagold full ownership of Donlin Gold LLC.

  • July 24, 2026

    Cushman & Wakefield 401(k) Climate Risk Suit Shipped To Ill.

    A proposed class action accusing commercial real estate services giant Cushman & Wakefield of mismanaging its 401(k) plan by including a fund that ignores climate change-related financial risks has been transferred to Illinois federal court by a Washington federal judge, according to a recently filed order.

  • July 24, 2026

    WDP, Argan To Create $14.8B European Logistics RE Giant

    Belgian warehouse landlord WDP and French logistics real estate investment trust Argan have agreed to combine in a deal that will create one of Europe's largest logistics REITs, with a portfolio exceeding €13 billion ($14.78 billion). 

  • July 24, 2026

    REST Denied Injunction On Sale Of Dexus-Led Airport Stake

    A New South Wales Supreme Court judge on Friday refused REST Infrastructure Trust's bid for an injunction against the sale of its portion of a roughly $4 billion Dexus-led stake in Melbourne and Launceston airports pending appeal, after REST refused to take responsibility for all related damages if the appeals failed.

  • July 23, 2026

    Trump Touts Pledge As Ratepayer Protection From AI Boom

    President Donald Trump during a Thursday event urged utilities, data center developers and states to sign a voluntary pledge to prevent average ratepayers from shouldering the cost of artificial intelligence infrastructure.

  • July 23, 2026

    Colo. Nonprofit Says ICE Facility Violates Town's Land Codes

    A nonprofit and a resident of Hudson, Colorado, claimed in Colorado state court Wednesday that the town is ignoring its own land use codes by allowing a U.S. Immigration and Customs Enforcement detention center to be built and operated within the city, and is using federal preemption as an excuse to not act.

  • July 23, 2026

    NYC OKs Proposals To Speed Up Permit Process, Land Sales

    New York City's Commission on Government Efficiency voted on July 23 to advance five November ballot proposals that aim to speed up the process for selling off city-owned land, approving building permits, building street safety infrastructure and more.

  • July 23, 2026

    Ex-Client Can't Revive Brach Eichler Malpractice Suit

    A New Jersey appellate panel on Thursday affirmed a lower court ruling granting summary judgment to Brach Eichler LLC in a suit accusing the firm of legal malpractice from its work in a long-running real estate dispute.

  • July 23, 2026

    J&J's Delays Should End $25M Asbestos Appeal, Builder Says

    A western Massachusetts real estate developer has asked a Connecticut appeals court to toss Johnson & Johnson's appeal of a $25 million asbestos cancer verdict in his favor, saying the company has yet to file an opening brief despite receiving five deadline extensions.

  • July 23, 2026

    Student Housing REIT Core Adds 4-Site Portfolio For $300M

    Chicago-based student housing company Core Spaces said July 23 that its real estate investment trust affiliate will acquire a $300 million portfolio of four housing complexes near public universities.

  • July 23, 2026

    Baker Botts, Vinson Steer Matador's $1.3B Oil Operations Deal

    Dallas-based oil and gas company Matador Resources said Thursday that it plans to buy an EnCap Investments subsidiary operating in the Permian Basin for $1.3 billion and separately acquire acreage in Texas and New Mexico from another EnCap company in a deal guided by Baker Botts LLP and Vinson & Elkins LLP.

  • July 23, 2026

    Meland Budwick Adds Real Estate Pro From Cozen O'Connor

    Meland Budwick PA has bolstered its real estate and corporate group in Miami with the addition of a partner from Cozen O'Connor.

Expert Analysis

  • 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.

  • Courts Stay Consistent In 'Period Of Restoration' Rulings

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    Three recent rulings centering on the period of restoration in lost business income claims followed the same themes in interpreting this infrequently litigated, but highly consequential, provision of first-party property and time element insurance coverage, say attorneys at Zelle.

  • The Emerging Issues Shaping Real Estate Project Insurance

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    As real estate faces increasingly complex considerations — such as climate losses, "nuclear verdicts" and regulatory changes — insurance is evolving into a strategic function that should be discussed early in the planning stages of a project, says Jason Adams at Cox Castle.

  • CFIUS Trends May Shift Under 'America First' Policy

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    The arrival of the Committee on Foreign Investment in the United States' latest annual report suggests that the Trump administration's "America First" policy will have a measurable effect on foreign investment, including improved trendlines for investments from allied sources and increasingly negative trendlines for those from foreign adversary sources, say attorneys at Debevoise.

  • New Conn. Real Estate Laws Will Reshape Housing Landscape

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    With new legislation tackling Connecticut's real estate landscape, introducing critical new requirements and legal ambiguities that demand careful interpretation, legal counsel will have to navigate a significantly altered and more complex regulatory environment, say attorneys at Harris Beach.

  • Trump Tax Law Has Mixed Impacts On Commercial Real Estate

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    The One Big Beautiful Bill Act brings sweeping changes to the real estate industry — and while the permanency of opportunity zones and bonus depreciation creates predictability for some taxpayers, sunsetting incentives for renewable energy projects will leave others with hard choices, says Jordan Metzger at Cole Schotz.