Commercial

  • January 16, 2026

    Immigrant Visa Pause Could Test Limits Of Executive Power

    The Trump administration's indefinite pause on immigrant visas for applicants from 75 countries may test the outer bounds of executive control over visa issuance and prompt court battles in a rarely litigated area of immigration law.

  • January 16, 2026

    Cannabis Cos. Say Mich. Township Blocked Retail Permits

    Two Michigan cannabis companies allege in a new federal lawsuit Friday that a Michigan township prevented them from opening their doors after the locality's voters approved a ballot measure to ban pot stores.

  • January 16, 2026

    Minn. Tax Court Wrong To Cut Hilton Value, State Justices Told

    The valuation of a Hilton hotel and convention center in Minneapolis was wrongly slashed by the state's tax court, including by $70 million in one year, a county told the Minnesota Supreme Court.

  • January 16, 2026

    Tampa REIT Pays $43M For Expanded Oklahoma Rehab Site

    Tampa, Florida-based real estate investment trust Sila Realty Trust said Friday it has acquired a recently expanded inpatient rehabilitation facility in Oklahoma City, Oklahoma, for $43.1 million.

  • January 16, 2026

    New Real Estate Association President On Tariffs, Financing

    President Donald Trump's tariffs have created myriad risk allocation questions for real estate parties and, by extension, their attorneys, the American College of Real Estate Lawyers' newest president told Law360 in a recent interview.

  • January 16, 2026

    9th Circ. Upholds County Fines For Illegal Short-Term Rentals

    The Ninth Circuit on Friday refused to stop a Nevada county from enforcing ordinances that don't allow unlicensed short-term rentals to operate, ruling that the lower court rightfully sided against a local company by determining that the related county fines weren't unconstitutionally excessive.

  • January 16, 2026

    2 Firms Advise REIT's $386M SoHo Retail Buy

    Empire State Realty Trust has purchased two office properties in SoHo, Manhattan, from children's publisher and media group Scholastic for $386 million.

  • January 16, 2026

    Paramount Signs 1st Lease At New Manhattan Studio

    Realty Trust, Hudson Pacific Properties Inc. and Blackstone Real Estate announced that the joint venture partners behind a Manhattan studio still under construction have signed the property's first lease with Paramount Television Studios.

  • January 16, 2026

    ICG Sells Austrian HQ Back To Former Owner For $160M

    Alternative asset manager ICG said Friday that it has sold the Austrian headquarters of manufacturer Innio Group back to the company for $160 million.

  • January 16, 2026

    Condo Association Sued Over Fatal Trip On Chewy Box

    The estate of a woman who died after tripping over a Chewy Inc. delivery package has filed a new lawsuit in Connecticut state court that blames a Stratford-based condominium association and related entities for allegedly allowing the box to be placed in a dangerous location.

  • January 16, 2026

    Burr & Forman Adds Ex-Nelson Mullins Atty To SC Office

    Burr & Forman LLP has hired a former Nelson Mullins Riley & Scarborough LLP attorney for a counsel role on its real estate team in Charleston, South Carolina, the firm announced Friday.

  • January 15, 2026

    US Property Developer Now Seeking $1.6B From Honduras

    A U.S. property developer pursuing a treaty claim against Honduras after the country nixed a law creating special economic zones known as ZEDEs is no longer seeking as much as $10.7 billion in the dispute, saying it would prefer for the parties "to put aside their differences."

  • January 15, 2026

    6th Circ. Favors Comerica Bank In Ch. 7 Fraud Suit

    Comerica Bank is not liable for the actions of a former Chapter 7 liquidator, to whom the bank was paying fees during the bankruptcy of a tool manufacturer, the Sixth Circuit has found.

  • January 15, 2026

    State Dept. Releases List Of Countries Targeted By Visa Pause

    The U.S. Department of State released an official list of the 75 countries for which it will pause issuing immigrant visas, after it said immigrants from these countries "take welfare from the American people at unacceptable rates."

  • January 15, 2026

    Saul Ewing Picks 2 Partners For Executive Committee

    Saul Ewing LLP has picked two longtime partners to serve five-year terms on its nine-member executive committee, the firm announced.

  • January 15, 2026

    Real Estate Execs Indicted In Mortgage Fraud Scheme

    An Ohio grand jury on Wednesday indicted two Israeli real estate entrepreneurs and two co-conspirators for allegedly double-pledging multifamily properties to multiple lenders and falsifying financial statements to further their scheme.

  • January 15, 2026

    Digital Infrastructure Biz Nets $240M For Data Center Expansion

    Digital infrastructure company DC Blox obtained $240 million worth of holdco financing in order to support the company's plan to expand hyperscale data centers, the company announced Thursday.

  • January 15, 2026

    McGuireWoods Adds K&L Gates Energy Pro In Houston

    McGuireWoods LLP has boosted its offerings to clients navigating infrastructure challenges related to the artificial intelligence boom and demand for data centers with a former K&L Gates partner in Houston who brings more than a decade of experience representing energy, infrastructure and data center developers, investors and lenders.

  • January 15, 2026

    Real Estate Lawyers On The Move

    Nossaman, Winstead and Gordon Reese are among the law firms that have made recent real estate or construction hires.

  • January 14, 2026

    Judge Asks If Execs 'Blindsided' Truist With Mass Exodus

    A North Carolina business judge on Wednesday repeatedly returned to whether three former executives who led Truist's real estate finance arm ever revealed to the bank that they were in "secret" talks to join a competitor and bring dozens of their colleagues with them, signaling he'd let a jury decide if the mass exodus is to blame for the business's alleged losses.

  • January 14, 2026

    Saks Sheds Dark Store Leases To Save Cash, Shrink Footprint

    When the parent company of luxury department store chain Saks Fifth Avenue filed for bankruptcy protection Wednesday, it also moved immediately to reject 26 leases for stores that have already closed, setting the debtor on a path to a smaller footprint, freeing up cash and potentially heading off a protracted showdown with the affected landlords, experts told Law360.

  • January 14, 2026

    Feds Sue Calif. Over Ban On Drilling Near Schools, Homes

    The U.S. government sued California on Wednesday over its law banning fossil fuel development activities within 3,200 feet of homes, schools and other sensitive areas, saying the state law is preempted by federal law since it infringes on the U.S. government's authority to manage federal lands and mineral resources.

  • January 14, 2026

    Marcus & Millichap Snags $94M NYC Office-To-Resi Financing

    Marcus & Millichap has secured $93.5 million worth of construction financing for the office-to-residential conversion of a 13-story Manhattan mixed-use building, creating 188 new residential units, the brokerage firm announced on Wednesday.

  • January 14, 2026

    State Dept. Pauses Immigrant Visas For 75 Countries

    The U.S. Department of State said Wednesday that it is indefinitely pausing immigrant visas for people from 75 countries who the agency said are likely to rely on government support and stress the public purse.

  • January 14, 2026

    Cross Ocean, CP Group Pay $96M For Florida Office Portfolio

    Global asset management company Cross Ocean Partners Management LP and office property owner CP Group have paid $96 million to buy an eight-property central Florida office portfolio that takes up a total of 722,456 square feet, CP Group announced.

Expert Analysis

  • 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.

  • 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.