Commercial

  • June 17, 2026

    Fla. Creates Special District With Power To Levy Property Tax

    Florida established an independent special district in Hillsborough County that may impose taxes, including property taxes if approved by voters in a referendum, under a bill signed by Gov. Ron DeSantis.

  • June 17, 2026

    CoStar, Brokers Accused Of Sharing Data To Fix Rents

    A proposed class of commercial tenants has alleged CoStar Group Inc., Colliers International Group Inc., Colliers International USA LLC, Cushman & Wakefield and others ran a rent-fixing scheme that involved real estate companies using CoStar's platform to share confidential lease transaction information in order to avoid undercutting each other.

  • June 17, 2026

    Gowling-Led REIT To Buy Senior Living Assets For £108M

    Social Housing REIT said Wednesday that it has agreed to acquire a retirement housing portfolio from Residential Secure Income, which is undergoing managed liquidation, for approximately £108.3 million ($145 million) in a bid to lead the "living REIT" sector in Britain.

  • June 16, 2026

    Landlord Says $158K Fine Over Alleged Pot Growing Illegal

    The city of Fresno, California, imposed an "excessive fine" for what it claimed was marijuana cultivation and allowed the plants to be destroyed before a landlord could challenge its finding, he contended in a federal lawsuit, saying he had no idea his tenant was allegedly growing cannabis.

  • June 16, 2026

    Connecticut Owner Barred From Razing 1835 Captain's House

    At Connecticut's request, a state judge has briefly barred a property owner from demolishing a nearly 200-year-old house, giving the parties time to argue whether longer-lasting protections are warranted after the state sought to include the building in a proposed historic district.

  • June 16, 2026

    Research Credit OK'd In 4 Of 6 Middle East Building Projects

    Owners of an Illinois architectural firm that undertook six building projects in the Middle East may be eligible to claim research credits for four of the projects because the firm retained substantial rights under those contracts, the U.S. Tax Court held Tuesday.

  • June 16, 2026

    Mich. Township Says Man Admitted Church Wasn't His

    A west Michigan township accused of illegally demolishing a historic church is asking a federal judge not to allow a town resident to amend his complaint alleging the property belonged to him, arguing the plaintiff previously admitted that the church did not belong to him.

  • June 16, 2026

    Skadden Adds Investment Management Trio In DC, Abu Dhabi

    Skadden Arps Slate Meagher & Flom LLP has hired three former lawyers from Akin Gump Strauss Hauer & Feld LLP who will work with investment management clients in Abu Dhabi and Washington, D.C., according to a Tuesday announcement.

  • June 16, 2026

    Red Rock Resorts Picks Campbell & Williams Boss As New GC

    Red Rock Resorts Inc. has hired the co-founder of Las Vegas-based boutique law firm Campbell & Williams as its new general counsel and executive vice president, according to the holding company's Form 8-K filing.

  • June 16, 2026

    Colo. Justices Say PUD Pacts Can't Be Changed By Ballot

    Planned unit development agreements are administrative matters that must be changed through the statutory amendment process, not by citizen initiative, the Colorado Supreme Court ruled, blocking a bid by a property owner and local petitioners to put a Telluride PUD change before voters.

  • June 16, 2026

    Justices' Penalty Ruling Won't Sink Tax Case, 5th Circ. Told

    The U.S. Supreme Court's recent decision upholding federal agency fines without a jury trial doesn't undermine a challenge against IRS penalties tied to a charitable tax deduction for a Louisiana conservation easement contribution, the partnership donor told the Fifth Circuit.

  • June 16, 2026

    Building's $108M Taxable Value Too High, Minn. Justices Told

    A Minnesota office building was overvalued at $108 million, its owner told the state Supreme Court, challenging the state tax court's reconciliation of competing appraisers' conclusions and other matters.

  • June 16, 2026

    Gunster Adds Former Fla. Agricultural Water Policy Leader

    The former director of agricultural water policy at the Florida Department of Agriculture and Consumer Services has entered private practice at Gunster in Tallahassee, the firm announced Monday.

  • June 16, 2026

    Calif. Fraudster Gets 13 Years For Fake NYC Law Firm Scam

    A Manhattan federal judge sentenced a California fraudster to 13 years in prison Tuesday for impersonating prosecutors and a law firm as he defrauded a New York City architectural business, capping a 20-year career of "duplicity, theft and dishonesty."

  • June 16, 2026

    3 Firms Advise Vornado's $1.1B NYC Office Interest Stake Deal

    Vornado Realty Trust has wrapped up its $1.1 billion purchase of a 49% interest stake for a 45-story New York City office tower in a transaction that was guided by Sullivan & Cromwell LLP, Herbert Smith Freehills Kramer and Paul Hastings LLP.

  • June 16, 2026

    London REIT Rebuffs Glenstone's £56M Takeover Offer

    Commercial property company Alternative Income REIT PLC urged its shareholders Tuesday not to take any action in response to a takeover offer of approximately £56.4 million ($75.6 million) by its largest shareholder Glenstone REIT PLC.

  • June 16, 2026

    Consortium Outlines Terms Of £403M Picton Property Deal

    LondonMetric Property PLC and a unit managed by asset manager Schroders said Tuesday they are continuing discussions over an all-share acquisition of Picton Property Income Ltd., a U.K. real estate investment trust.

  • June 15, 2026

    Chancery Cuts Claim Over FNF Chair's $50M Equity Award

    The Delaware Chancery Court has narrowed a stockholder derivative lawsuit challenging compensation decisions at Fidelity National Financial Inc., dismissing claims tied to a $50 million equity award for Chairman William P. Foley while allowing claims over directors' self-approved compensation packages to move forward.

  • June 15, 2026

    Ventas GC Plans Departure For Blackstone

    The general counsel of senior housing-focused real estate investment trust Ventas Inc. is planning to leave the company for a new job at Blackstone Inc., according to a Form 8-K filing posted on Monday.

  • June 15, 2026

    Venu Wants $80M Deal For Texas Venue's Parking Garage

    Venu Holding Corp. is trying to complete an $80 million sale-leaseback of a 20,000-seat outdoor amphitheater's parking garage located in McKinney, Texas, the company announced Monday.

  • June 15, 2026

    PE Giants Face Dem Scrutiny Over Data Center Investments

    U.S. Sen. Elizabeth Warren is seeking information from several major private equity firms about their involvement in artificial intelligence data center development and operations, saying the increasing number of data centers across the country is putting pressure on American families and driving up utility costs.

  • June 15, 2026

    NYC Real Estate Week In Review

    Fried Frank and Paul Weiss are among the law firms that landed work on the largest New York City real estate deals that hit public records last week, with a pair of nine-figure trades topping the list.

  • June 15, 2026

    REIT Shareholder Calls $480M Deal 'Theft Dressed In A Suit'

    The largest shareholder in luxury hotel owner Braemar Hotels & Resorts vowed legal action after the company last week unveiled a plan to cut ties with a business controlled by Braemar's board chair and to become self-managed — triggering a $480 million termination fee.

  • June 15, 2026

    How The 'Great Wealth Transfer' Will Impact Farmland

    The "great wealth transfer" is shaping up to be a major storyline for the next couple of decades as the Baby Boomers begin to pass their assets to the next generation. Tyler Davis, president at land brokerage Saunders Real Estate, recently spoke with Law360 Real Estate Authority about a generational shift taking place in farmland ownership and strategies owners might consider to avoid legal disputes and financial pitfalls.

  • June 15, 2026

    Tishman Speyer Buys $40M Mezz Loan On Midtown Tower

    Real estate investor Tishman Speyer said Monday that it has purchased a $40 million mezzanine loan from J.P. Morgan for part of One Dag Hammarskjöld Plaza, a Midtown office tower.

Expert Analysis

  • Lights, Camera, Real Estate: Preparing For Film Facility M&A

    Author Photo

    As the entertainment industry struggles to recover from multiple strikes and a decline in production, certain aspects of selling or acquiring production facilities may become important to consider, as these assets are valued very differently from typical commercial real estate properties, say attorneys at Olshan Frome.

  • Corporate Liability Issues To Watch In High Court TM Case

    Author Photo

    The U.S. Supreme Court will hear arguments in a trademark dispute between Dewberry Group and Dewberry Engineers next week, presenting an opportunity for the court to drastically alter the fundamental approach to piercing the corporate veil, or adopt a more limited approach and preserve existing norms, say attorneys at Bracewell.

  • Plugging Gov't Leaks Is Challenging, But Not A Pipe Dream

    Author Photo

    As shown by ongoing legal battles involving New York City Mayor Eric Adams and Sean “Diddy” Combs, it’s challenging for defendants to obtain relief when they believe the government leaked sensitive information to the media, but defense counsel can take certain steps to mitigate the harm, says Kenneth Notter at MoloLamken.

  • A Legal Perspective On NYC's Retail Real Estate Evolution

    Author Photo

    As New York City's retail market begins to show signs of resilience after the challenges of recent years, landlords must be cognizant of legal implications from shifting trends toward shorter-term leases and pop-up stores, says Andrea Gendel at Pryor Cashman.

  • What Interest Rate Cuts Mean For Housing Markets

    Author Photo

    The Federal Reserve's recent reduction of interest rates may provide limited immediate relief for real estate sectors, but offers potential opportunities for commercial real estate investors and construction firms, which now face an environment ripe for new projects, say attorneys at Cozen O'Connor.

  • How CFIUS' Updated Framework Affects Global Investors

    Author Photo

    The recent change to the monitoring and enforcement regulations governing the Committee on Foreign Investment in the United States will broaden administrative practices around nonnotified transaction investigations, increase the scope of information demands from the committee and accelerate its ability to impose mitigation on parties, say attorneys at Simpson Thacher.

  • Foreclosing Lenders Still Floating In Murky Legal Waters In NY

    Author Photo

    The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.

  • NYC Hotel Licensing Law's Costs May Outweigh Its Benefits

    Author Photo

    A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.

  • Calif. Ruling Offers Hope For Mitigated Negative Declarations

    Author Photo

    In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds — a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.

  • There's No Crying In Property Valuation Baseball Arbitration

    Author Photo

    The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes — in which each side offers competing valuations to an arbitrator, who must select one — is often ideal for resolving property valuation disputes, say Sean O’Donnell at Herrick Feinstein and Mark Dunec at FTI Consulting.

  • Webuild Ruling Complicates Arb. Award Enforcement In US

    Author Photo

    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.

  • How To Avoid A Costly CPA Limitation Hidden In Most Leases

    Author Photo

    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.

  • Navigating FEMA Grant Program For Slope Fixes After Storms

    Author Photo

    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.