Commercial

  • October 07, 2026

    Tenn. Judge Tosses Developer's Data Centers Moratorium Suit

    A Tennessee federal judge has tossed a data center developer's challenge to a moratorium on data centers without prejudice, ruling in part that the suit is inconsistent when it comes to the type of property interest that the developer is asserting with its allegations.

  • October 07, 2026

    New Calif. Data Center Laws 'Should Not Make Anyone Leave'

    Data center developers in California need not fret about bills addressing digital infrastructure projects signed into law last month by Gov. Gavin Newsom, as the legislation doesn't change the state's existing permitting framework, a Cox Castle & Nicholson LLP real estate attorney said.

  • October 07, 2026

    Shaky Term Sheets Sank 1300 Desert's $33M Exit Loan

    A missing signature, inadequate evidence and uncertainty about follow-through thwarted a New Mexico industrial property's bid for $33 million in exit financing in its Chapter 11 case, a New York bankruptcy judge told the court in a bench opinion the debtor is now appealing and its owner is seeking to have reconsidered.

  • October 07, 2026

    Fried Frank-Led Conversant Wraps $845M Real Estate Fund

    Real estate-focused investment firm Conversant Capital LLC, advised by Fried Frank Shriver Harris & Jacobson LLP, revealed Wednesday it closed its inaugural private investment fund with $845 million in tow.

  • October 07, 2026

    McDermott-Led Activist Fund Buys Stake In Empire State REIT

    Activist investor Erez Asset Management, represented by McDermott Will & Schulte LLP, has acquired a $43 million, 5.8% stake in the company that owns the Empire State Building, which has seen its value fall recently amid fewer visitors to the building's observation deck.

  • October 07, 2026

    Rising Interest Rates, Tariffs May Benefit Older NYC Buildings

    Rising interest rates and tariffs are pushing up the cost of construction and slowing the pipeline of amenity-rich, Class A properties in New York. That could bode well for the city's older properties based on supply and demand, one of Hogan Lovells Cadwalader's real estate leaders recently told Law360.

  • October 07, 2026

    2 Firms Guide Tishman's Chrysler Building Lease, Rehab Plan

    Tishman Speyer said Wednesday that it has reached a deal with a private college for a long-term lease and $235 million restoration at the Chrysler Building in Manhattan with investors such as the Public Sector Pension Investment Board backing the project, guided by Sullivan & Cromwell LLP and Gibson Dunn & Crutcher LLP.

  • October 07, 2026

    Paul Hastings Guides $245M Manhattan Office Tower Sale

    An entity connected to L&L Holding Co. has sold a Manhattan office tower for $245 million to entities connected to L&L Infinite Real Estate Partners in a deal guided by Paul Hastings LLP, according to documents filed with the New York City Department of Finance.

  • October 06, 2026

    BDT & MSD To Buy Luxury Senior Housing Provider Sunrise

    In a move aimed at capitalizing on the current wave of aging baby boomers, Sunrise Senior Living announced Tuesday that funds affiliated with BDT & MSD Partners, a merchant bank with ties to computer pioneer Michael S. Dell, are acquiring the company in a partnership with Sunrise's senior leadership team led by CEO Jack R. Callison Jr.

  • October 06, 2026

    NC Biz Court Bulletin: Monopoly Suit Setback, Historic Deal

    The North Carolina Business Court rounded the corner into fall with a setback for residents in an antitrust class action, a historic settlement in "forever chemical" contamination litigation and a raft of new restrictive covenant complaints.

  • October 06, 2026

    Hess, Gunpowder Co. Resolve NJ Pollution Suits For $24M

    Hess and a former munitions manufacturer will collectively pay $24 million to resolve the state of New Jersey's natural resource damages claims over alleged contamination from operations spanning five industrial sites, state officials announced this week.

  • October 06, 2026

    Pension Funds Lead Securities Suit Over Zillow, Redfin Deal

    A Washington federal judge has appointed two pension funds as lead plaintiffs in a proposed securities class action filed over an allegedly anticompetitive Zillow Group Inc. and Redfin Corp. deal and has also appointed Keller Rohrback LLP and Robbins Geller Rudman & Dowd LLP as local and lead counsel, respectively.

  • October 06, 2026

    JLL Says Trophy Office Boom Spreading To Lower NYC Tiers

    A scarcity of premium space pushed would-be tenants in the third quarter to widen their search for offices in Midtown Manhattan, a sign that commercial broker JLL said could spell a recovery for the next-lowest class of buildings.

  • October 06, 2026

    Granite, Super Excavators Win $324M Ohio Tunnel Contract

    Construction company Granite and its joint venture partner Super Excavators have won a $324.8 million contract from the Northeast Ohio Regional Sewer District for building a tunnel in Cleveland, Granite announced.

  • October 06, 2026

    Ohio Discount Movie Theater Denied Charity Tax Break

    An Ohio movie theater that said it's dedicated to film preservation and education and offers tickets below market rate does not qualify for a charitable property tax exemption, the state's Board of Tax Appeals ruled Tuesday.

  • October 06, 2026

    EB-5 Center Says USCIS Delay Jeopardizes $82M Project

    An immigrant investor regional center in Florida and a company seeking to raise funds for a planned medical school in Naples, Florida, sued U.S. Citizenship and Immigration Services, claiming a delay in approval from the government is jeopardizing funding for the $82 million project.

  • October 06, 2026

    Newmark Lines Up $508M Ala. Shopping Center Sale

    Newmark Group Inc. has lined up the $508 million sale of an 870,000-square-foot Birmingham, Alabama, shopping center in a deal that the company described Tuesday as "the largest single-property commercial real estate transaction in Alabama history by purchase price."

  • October 06, 2026

    Skadden, Davis Polk Guide DayOne Data Centers' IPO Filing

    Singapore-based DayOne Data Centers, a developer of data centers in Europe and Southeast Asia, has filed documents for an upcoming initial public offering guided by Skadden Arps Slate Meagher & Flom LLP and underwriters counsel Davis Polk & Wardwell LLP.

  • October 05, 2026

    Securities Roundup: 7 Rulings You May Have Missed

    Federal judges from California to New York and several states in between issued a slew of decisions last week that determined the fates of shareholder lawsuits against a major health insurer, a New York bank that nearly failed in 2024 and a diagnostic company accused of hiding its challenges as COVID testing demand ebbed. 

  • October 05, 2026

    Real Estate Lawyers On The Move

    Greenberg Traurig, Skadden and Shumaker are among the law firms that have recently hired for their real estate or construction practices.

  • October 05, 2026

    Groups Say Fla. City Bent Rules For Related Ross Hotel Tower

    Two West Palm Beach neighborhood groups are arguing to a Florida state appeals court that city officials advanced an 18-story Related Ross convention center and hotel project while ignoring concerns that the project's valet operations could pose a risk to pedestrians, among other issues in the approval process.

  • October 05, 2026

    Cozen O'Connor Adds Skadden Atty As Leasing Practice Lead

    Cozen O'Connor has hired an ex-Skadden Arps Slate Meagher & Flom LLP counsel to be the chair of its real estate leasing team in New York City, the firm announced Monday.

  • October 05, 2026

    Inspired Healthcare Gets OK For $713M Sale

    A Texas bankruptcy judge Monday gave Inspired Healthcare the go-ahead to sell 30 of its senior living communities for $713 million after being told objections to how the sale proceeds will be handled will themselves be handled another day.

  • October 05, 2026

    NYC Real Estate Week In Review

    Dilworth Paxson and Fensterstock Law are among the law firms that picked up work on the largest New York City real estate deals that became public last week, with a pair of Queens trades leading the way.

  • October 05, 2026

    Feds, SpaceX Say Groups Lack Standing To Block Land Swap

    SpaceX and the U.S. Fish and Wildlife Service are urging a Texas federal court to toss a lawsuit challenging their South Texas land swap deal, each noting the wildlife refuge land at issue is already generally closed to the public.

Expert Analysis

  • Early Action Can Benefit Distressed Restaurant Franchisees

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    As rising costs put increased pressure on restaurants, as evidenced by recent bankruptcy filings by Popeyes, Farmer Boys and Applebees franchisees, distressed businesses should move early to preserve profitable locations, reject uneconomic obligations, manage brand defaults and choose the appropriate restructuring path, says Christopher Caplinger at Kean Miller.

  • Why Data Centers Must Focus On Water Stewardship

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    Reducing overall water use is important for data center developers and operators, but comprehensive water stewardship — including cooling system operation, chemical treatment, wastewater discharge, maintenance activities and interactions with municipal water infrastructure — is rapidly becoming both a regulatory expectation and a business imperative, say attorneys at Baker Donelson.

  • 6 Key Takeaways From CFIUS Annual Report

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    Attorneys at Simpson Thacher review highlights from the annual report of the Committee on Foreign Investment in the U.S., released to Congress this month, including the launch of the American First Investment Policy and the Known Investor Pilot Program, and the agency's continued focus on enforcement despite its resource constraints.

  • Calif. Ruling Limits Strict Liability In Lateral Support Cases

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    A recent California appellate ruling in Quinn v. Coulton makes clear that property owners pursuing lateral support claims without excavation should prepare to prove negligence rather than rely on strict liability, reshaping how neighboring land disputes are pled and defended, says attorney Paul Weinberg.

  • 4 Tips For Using AI To Max Fee Awards In NY Lease Disputes

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    As New York's new artificial intelligence court filing rule takes effect, lawyers handling commercial lease disputes should set up an efficient billing structure, verify AI-generated research and calculations, and align fee requests to improve recoveries and avoid sanctions, say attorneys at Crowell & Moring.

  • Managing Data Center Power Issues, Public Pushback

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    The many risks associated with data center construction include power availability, government regulations and public opinion, and contractual disputes — but these can be mitigated with careful project controls, planning and targeted contract drafting, say Randa Adra and Lily Geyer at Crowell & Moring, and Natasha Dahl at Ankura.

  • Data Center Risks Include Schedules, Supply Chain, Labor

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    Managing the dynamic technical and legal risks related to data center development requires sophisticated strategies for dealing with compressed schedules and liquidated damages, supply chain and long-lead equipment challenges, and labor shortages and productivity issues, say Randa Adra and Lily Geyer at Crowell & Moring, and Natasha Dahl at Ankura.

  • DOJ's FCA Push Creates Risks For Construction Contractors

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    The construction industry may be uniquely vulnerable to a new generation of False Claims Act enforcement driven by the U.S. Department of Justice's increasing usage of the FCA to target a much broader category of conduct than it has in decades past, specifically compliance certifications and regulatory representations, say attorneys at Cozen O'Connor.

  • Fed Report Underscores Focus On Nonbank, CRE Risks

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    The Federal Reserve Board's latest supervision and regulation report highlights that broad systemic stability will not insulate individual institutions from rigorous supervisory challenges regarding concentrated commercial real estate portfolios and nonbank partnerships, says Daniel Meade at Hogan Lovells.

  • 3 Upcoming Deadlines That EB-5 Investors Should Consider

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    Potential EB-5 regional center investors should weigh three approaching deadlines, the most immediate of which is Sept. 30, that may affect their filing strategy, required capital commitment and ability to participate even if Congress fails to reauthorize the program, says Michael Ashoori at Ashoori Law.

  • Assessing The Benefits Of Fla.'s Newest Business Structure

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    As of July 1, Florida business owners can create protected series LLCs to shield assets from liability while avoiding increased costs and wasted time, but burdensome recordkeeping obligations are crucial to maintaining the very protection that makes them attractive in the first place, says Gregory Ritter at Moritt Hock.

  • What New USDA 'Beneficial Owner' Definition Means For Cos.

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    The U.S. Department of Agriculture's recent pitch to add a new "beneficial owner" definition to its foreign-owned land reporting framework would overhaul how fund managers and joint venture participants report U.S. agricultural land interests, creating diligence risks as companies reassess governance rights and management structure, say attorneys at Arnold & Porter.

  • USDA, Treasury Moves May Widen Agricultural Deal Scrutiny

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    Two agency actions that identify weaknesses in the government’s foreign investment screening architecture signal a broadening of the Committee on Foreign Investment in the United States’ jurisdiction over agricultural real estate transactions, more demanding beneficial-ownership resolutions and the coming integration of agency disclosure systems, says researcher Robert Green.