Commercial
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March 26, 2026
Mich. Justices Revive Firm's Tax Cap Fight Over New Roof
The Michigan Supreme Court revived a law firm's claims that a new roof for its office building wasn't an addition that allowed the property's taxable value increase to exceed a 5% cap, remanding the case for further examination of the firm's constitutional arguments.
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March 26, 2026
Outgoing Realty Income CLO Earned $3.8M In 2025
Realty Income Corp's chief legal officer saw her compensation total $3.88 million in 2025, which will mark her final full year at the firm after the real estate investment trust announced its search for a new CLO earlier in March.
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March 26, 2026
11th Circ. Affirms Slashing Tax Breaks For Conservation Gifts
Two partnerships that claimed tens of millions of dollars in tax deductions for protecting 530 acres in Georgia from development grossly overvalued their contributions and rightfully drew penalties from the Internal Revenue Service, the Eleventh Circuit said in affirming a U.S. Tax Court decision.
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March 26, 2026
Ore. Industrial Property Value Cut By Tax Court
An industrial parcel in Oregon was overvalued, the state tax court ruled, agreeing with the owner's assertion of the property's highest and best use and the need for a sewer pump station.
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March 25, 2026
Real Estate Private Credit's Moment To Shine
Even under scrutiny prompted by problems in corporate private credit, the real estate corner of private credit is holding up. Although both forms of debt are under the heading of private credit, attorneys that advise private credit borrowers, lenders and investors do not expect real estate private credit to get blowback from the corporate private credit world.
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March 25, 2026
ICE Builds Out Detention Centers, And The Suits Pile Up
U.S. Immigration and Customs Enforcement's surging need for detention space — fueled by increased funding and a rapid escalation in enforcement activity — has sparked litigation from local lawmakers and advocacy groups concerned by the agency's full-throttle approach and perceived disregard for surrounding communities.
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March 25, 2026
Meet The Attys In Biotech Biz Finch's Ch. 11
A team of attorneys from Chipman Brown Cicero & Cole LLP and Ropes & Gray LLP is steering the Chapter 11 case of Finch Therapeutics, a company that develops treatments to improve the health of the body's microbiome.
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March 25, 2026
SmartStop, AXCS Capital Ink $100M Self-Storage JV
SmartStop Self Storage REIT Inc. and AXCS Capital Inc. have formed a $100 million real estate credit joint venture, with which the pair say they plan to target bridge debt and preferred equity investments in the self-storage sector.
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March 25, 2026
Developer Plans $214M Industrial Site In Second Va. Project
Commercial real estate company Flint Development said Wednesday it has won approval to start work on a $213.5 million industrial facility along Interstate 95 in Thornburg, Virginia.
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March 25, 2026
Lender Targets Borrower, Guarantor In $3.8M Default Suit
A Delaware lender has sued a group of real estate investors and affiliated entities in Delaware Chancery Court, accusing them of defaulting on a $3.8 million mezzanine loan and then diverting collateral to avoid repayment.
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March 25, 2026
HIG Realty Lands $1.6B Refi For Resorts, Logistics Portfolios
H.I.G. Capital has secured a $1.6 billion recapitalization of resorts in the Mediterranean region and warehouse properties in Europe through a lending consortium led by Piraeus Bank, the investment firm said Wednesday.
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March 25, 2026
US Could Approach $500B In Data Center Investment In 2026
Last year saw more than $580 billion in global data center investment, up 27% from 2024, and the U.S. alone in 2026 could approach $500 billion in such investment, according to a report Colliers released Wednesday.
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March 25, 2026
Foley & Lardner Moving Jacksonville Shop To New Tower
Foley & Lardner LLP announced plans Wednesday to move its Jacksonville, Florida, office later this year to a recently constructed six-floor tower in the city's downtown sports and entertainment district that is also home to the new business headquarters of the NFL's Jacksonville Jaguars.
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March 25, 2026
Contractor Sues Over 'Abandoned' Milwaukee Timber Tower
A developer that pitched a Milwaukee high-rise as the biggest in North America to use a timber-based structural system is facing a state lawsuit from a general contractor that claims it is owed $11.3 million for work before the project shut down in September.
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March 25, 2026
FBT Gibbons Lands Public Finance Pros From BigLaw Firms
FBT Gibbons LLP has added two public finance partners, one from Bracewell LLP in Houston and another from Barnes & Thornburg LLP in Columbus, Ohio.
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March 25, 2026
Brokers Claim CBRE Withheld Pay On Legal Tenant Deal
Three brokers are accusing CBRE of diverting $4 million in commissions from a Washington, D.C., office tenancy deal with a legal industry client to others who didn't substantively work on the transaction, according to a D.C. federal suit.
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March 25, 2026
Marriott Vacations Promotes Deputy GC To Top Spot
Marriott Vacations Worldwide Corp. has promoted its deputy general counsel to take over as the company's new top lawyer, replacing its longtime general counsel who stepped down earlier this month.
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March 25, 2026
Utah Expands Unrelated Biz Income Definition For Corp. Tax
Utah will expand its definition of corporate income to include income allocated to the state under a bill signed by the state's governor.
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March 25, 2026
Biotech 'Lowballed' Landlord On Lease Exit, Suit Says
Biopharma company Werewolf Therapeutics has offered its Massachusetts landlord little more than 10 cents on the dollar to buy out the remainder of a lease for its lab space, even as the firm pays out departing executives and other creditors, according to a lawsuit brought in state court.
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March 25, 2026
Idaho Expands Retail Developer Sales Tax Rebate
Idaho expanded a sales tax rebate to reimburse developers of retail complexes for eligible transportation project expenses under a bill signed by the governor.
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March 24, 2026
Caribbean Resort Seeks OK For Ch. 11 Global Settlement
A bankrupt resort residence complex on the Caribbean island and British Overseas Territory of Anguilla asked a Delaware judge to approve a settlement with various parties including a family who alleged their child was attacked by a facility employee.
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March 24, 2026
Jay Group's NYC Resi Tower Lands $300M Refi
Affinius Capital LLC announced Tuesday that it originated a $300 million loan for the developer behind a 30-story multifamily project in New York City, which will see the project through the end of construction as well as lease-up.
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March 24, 2026
Multifamily Most Delinquent Among $3.2B CMBS Debt Maturing
Nearly $3.2 billion in commercial mortgage-backed securities debt is reaching hard maturity in March, and among maturing CMBS loans, multifamily has the highest delinquency rate, according to a report Monday from Trepp.
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March 24, 2026
NYC Real Estate Week In Review
Mayer Brown and Fried Frank are among the law firms that guided the largest New York City real estate deals that hit public records last week, with Manhattan trades occupying the top four spots on the list.
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March 24, 2026
Private Construction Spend Drops Again In Jan., Census Says
U.S. construction spending broadly slowed down again in January, with both residential and nonresidential segments declining from a month prior, according to recent data from the U.S. Census Bureau.
Expert Analysis
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Annual Report Shows CFIUS Extending Its Reach In 2024
The recently released 2024 annual report from the Committee on Foreign Investment in the United States reveals record civil penalties and enhanced internal capabilities, illustrating expanding jurisdiction and an increasing appetite for enforcement actions, says Nathan Fisher at StoneTurn.
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Navigating The New Playbook For SBA 504 Loans
As the U.S. Small Business Administration 504 loan program’s relevance grows amid climbing foreclosure activity, regulatory changes and a notable ruling from the Eighth Circuit are reshaping origination and workout strategies, highlighting the need for a national framework to improve resolutions, protect recoveries and support small businesses, says Casey Sieck at Day Pitney.
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Assessing Strategies For Mixed-Use Pro Sports Projects
Counsel managing mixed-use sports and entertainment districts must combine expertise ranging from stadium-arena finance to municipal law to public relations into a unified strategy, and a series of practice tips can aid project management from inception to completion, say attorneys at Katten.
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4 Questions For Insureds To Overcome Flood Exclusions
In a year of record flash flooding in the U.S., affected policyholders, who may assume that their policy's flood exclusion precludes recovery for losses, should look to the many factually and legally nuanced cases presenting pathways to coverage, says Micah Skidmore at Haynes Boone.
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Opportunity Zone Overhaul Is Good News For Investors
Recently enacted reforms making the qualified opportunity zone program permanent, restoring the basis step-up for capital gains and adding flexibility to the zone designation process enhance the program’s appeal for long-term investment, says Steven Hadjilogiou at McDermott.
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Texas High Court Decision Could Reshape Contract Damages
The Texas Supreme Court recently held that an order of specific performance for a real property transaction doesn't preclude a damage award, establishing a damages test for this scenario while placing the onus on lower courts to correctly determine the proper remedies and quantum of damages, say attorneys at Fried Frank.
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Navigating The Complexities Of NYC Waterfront Development
More than a dozen city, state and federal agencies share oversight of New York City's waterfront, presenting developers and their counsel with both challenges and opportunities to shape the regional and national economy, say attorneys at HSF Kramer.
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A Guide To Army Corps Appeals As Wetlands Definition Shifts
Two years after the Supreme Court's Sackett decision, the definition of federal wetlands is about to change again, making it an apt time to review the process by which developers can appeal an Army Corps of Engineers jurisdictional determination, says Bryan Peeples at Pender & Coward.
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New NY Residential Real Estate Rules May Be Overbroad
New legislation imposing a 90-day-waiting period and tax deduction restrictions on certain New York real estate investors may have broad effects and unintended consequences, creating impediments for a wide range of corporate and other transactions, says Libin Zhang at Fried Frank.
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11 Essential Questions When Reviewing Hurricane Insurance
As we approach peak hurricane season, business owners must understand critical coverage elements, policy limitations and claim procedures of their commercial property hurricane insurance policies to protect their operations effectively, says Carlton Wilde at Bracewell LLP.
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6 Questions We Should Ask About The Trump Trade Deals
Whenever the text becomes available, certain questions will help determine whether the Trump administration’s trade deals with U.S. trading partners have been crafted to form durable economic relationships, or ephemeral ties likely to break upon interpretive disagreement or a change in political will, says Ted Posner at Baker Botts.
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Utilizing Rep And Warranties Insurance In CRE Transactions
With insurance and commercial real estate legal trends suggesting that representations and warranties insurance is likely to grow substantially in the next several years, CRE buyers and sellers should learn how such insurance can help resolve conflicting positions during transaction negotiations, say attorneys at Troutman.
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Recent Decisions Caution Against Broad Indemnity Provisions
Two recent decisions in disparate jurisdictions are reminders that businesses and practitioners should be mindful of contractual indemnity rights and draft indemnity provisions that enhance the predictability of enforceability without being overly broad, says Gregory Jaske at Olshan Frome.