Commercial
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February 27, 2026
REIT Execs Hurt Investors With Dividend 'Reset,' Suit Says
Real estate investment trust Franklin BSP Realty Trust Inc. is facing a proposed investor class action in New York federal court alleging it concealed the possibility that it would cut its quarterly dividend payouts, hurting investors when it announced a dividend "reset" and its share price subsequently fell.
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February 27, 2026
Fla. Large-Acre Deals Slowed In 2025, Broker Report Says
The number of large-acreage land purchases in Florida slowed last year after a rush of such activity in 2024 to convert big agricultural plots into residential, solar or other developments, commercial brokerage Saunders Real Estate said Friday.
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February 27, 2026
Acquisitions Bolster Texas Data Center Campus Project
Data center developer New Era Energy & Digital Inc. has announced it is in the process of securing more than 50 additional acres as well as 450 megawatts of on-site power at a data center campus under development in Ector County, Texas.
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February 27, 2026
Bristol-Myers Campus Sale Suit Sent Back To NJ
A dispute over the sale of a 433-acre Bristol-Myers Squibb Co. research campus was sent back to state court after a New Jersey federal judge held that the addition of a "diversity-destroying" plaintiff was not out of bounds.
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February 27, 2026
Casino REITs Talk IGaming, NYC Casinos, Sports Real Estate
Two major casino real estate investment trusts reported earnings and held calls with analysts this week to discuss opportunities to finance casino development in New York City, the risks of iGaming legislation, and opportunities in sectors other than their main focus, casinos.
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February 27, 2026
Ala. Lawmakers OK Boosted Tourism Project Tax Break Cap
Alabama would increase caps on tax rebates available to companies that operate qualifying tourism projects in the state under a bill approved by the state Legislature and sent to the governor.
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February 27, 2026
Philly Developer Stuck With $38M Wrongful Death Judgment
A prominent Philadelphia developer can't dodge a $37.5 million judgment against his construction company, according to a state appellate court opinion that held the business, as general contractor, owed a duty to provide safety equipment to a subcontractor who fell to his death.
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February 27, 2026
Developer Admits Stealing From Investors, On Hook For $13M
A Florida developer told a Manhattan federal judge Friday that he misappropriated the proceeds of membership interests in real estate projects he pitched to investors, copping to a count of securities fraud and agreeing to forfeit up to $13 million.
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February 27, 2026
Data Center Construction Drops Amid Record-Low Vacancies
Digital infrastructure construction in North America declined for the first time since 2020 in major markets due to project delays, while demand has driven vacancies to an all-time low rate of 1.4%, according to a CBRE report.
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February 27, 2026
Bronx Insider Atty Advises Bally's $157M Casino Site Buy
Bally's Corp. leaned on advice from a politically connected Bronx attorney as it closed on a $156.6 million purchase of a city-owned site in its plan to redevelop a former Trump Organization golf course into a $4 billion casino resort, according to documents filed Friday.
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February 27, 2026
Reed Smith Leads Climate Tech Biz In $850M US SPAC Deal
Renewable energy investor ThomasLloyd said Friday that it has agreed to merge with a special purpose acquisition company, which will allow it to be listed on the Nasdaq stock market at a valuation of $850 million.
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February 26, 2026
Genesis JV Partner Can Take Ch. 11 Stay Challenge To 5th Cir.
A company that formed a real estate joint venture with bankrupt nursing home operator Genesis Healthcare can directly appeal a Texas bankruptcy judge's ruling on the scope of Chapter 11's automatic stay, the Fifth Circuit ordered.
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February 26, 2026
Aurora Care Group Sues Over Block Of $8.5M Property Sale
An Aurora-based care facility claimed in a Colorado state court lawsuit Wednesday that a nonprofit elder care group spiked the $8.5 million sale of a building by enforcing expired or unenforceable provisions from a decade-old construction declaration from a sale of the land where the building sits.
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February 26, 2026
Fed's Bowman Says Basel Redo Coming By End Of March
Federal Reserve Vice Chair for Supervision Michelle Bowman told senators Thursday that federal regulators plan to release a reworked Basel III endgame proposal in the next month, stressing that relaxing the capital treatment of mortgage activity will be one of its top goals.
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February 26, 2026
Fifth Third Bank Pursues $80M From Texas Developer
Fifth Third Bank has sued a San Antonio real estate developer in Texas federal court for more than $80 million, seeking to invoke guaranties on two troubled construction loans after the borrowing entities defaulted and filed for bankruptcy.
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February 26, 2026
Judge Won't Block Trump's White House Ballroom Project
A District of Columbia federal judge rejected a historical preservation nonprofit's bid to temporarily block President Donald J. Trump's plans to turn the White House's East Wing into a ballroom, ruling that the nonprofit's Administrative Procedure Act and constitutional claims fail.
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February 26, 2026
Ind. Lawmakers OK Property Entry Rule For Assessors
Indiana property assessors would not be able to enter properties for inspection without taxpayers' permission under a bill passed by state lawmakers.
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February 26, 2026
IRS Wrongly Backs Easement Valuation, 11th Circ. Told
The IRS wrongly backed a legal error by the U.S. Tax Court in calculating the value of a Georgia conservation easement, a partnership told the Eleventh Circuit in trying to reclaim its $33 million tax deduction for the donation.
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February 26, 2026
Seyfarth Adds Trio Of Real Estate, Corporate Attys In Dallas
Seyfarth Shaw LLP announced that it has strengthened its real estate, environmental and corporate benches with three lateral partner hires in Dallas who came aboard from Squire Patton Boggs LLP, Cole Schotz PC and Jackson Walker LLP.
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February 26, 2026
Lone Star To Buy Central London Mixed-Use Building
A fund affiliate connected to investment firm Lone Star Funds will acquire a 107,000-square-foot, mixed-use building in central London, the firm announced on Feb. 26.
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February 26, 2026
Greenberg Traurig Adds Procopio Tax, Real Estate Pro In Calif.
Greenberg Traurig LLP is growing its California team, bringing in a Procopio Cory Hargreaves & Savitch LLP tax and real estate expert as a shareholder in its San Diego office.
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February 25, 2026
Md. Fights ICE Plans To Build Detention Facility
The Maryland attorney general's office has filed suit against the U.S. Department of Homeland Security and U.S. Immigration and Customs Enforcement, alleging plans to convert a warehouse in the state into a detention facility skirted a key environmental review.
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February 25, 2026
EB-5 Experts Urge Deliberate Pace As Program Deadlines Loom
Although upcoming deadlines are casting uncertainty over the long-term future of the federal EB-5 investment visa program, industry experts said during an event Wednesday that the program is thriving — but they also encouraged applicants to be deliberate working their way through the process.
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February 25, 2026
Lender In Fla. High-Rise Dispute Says $70M Loan Wasn't 'Free'
A lender urged a Florida bankruptcy court on Wednesday to end an adversary proceeding alleging that it fraudulently induced the holder of a downtown Miami high-rise plot to accept the terms of a $70 million loan, arguing that the recipients are trying to get "free" money.
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February 25, 2026
CRE Finance Pro Joins Polsinelli's Denver Office
A commercial real estate attorney has come aboard Polsinelli PC's real estate practice group from Otten Johnson Robinson Neff + Ragonetti PC, bringing her expertise in navigating real estate finance matters on behalf of borrowers to the firm.
Expert Analysis
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The Clock Is Ticking For Fla. Construction Defect Claims
Ahead of the fast-approaching July 1 deadline for filing construction defect claims in Florida, Sean Ravenel at Foran Glennon discusses how the state's new statute of repose has changed the timeline, and highlights several related issues that property owners should be aware of.
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It's Time To Defuse The Ticking Time Bomb Of US Landfills
After recent fires at landfills in Alabama and California sent toxic fumes into surrounding communities, it is clear that existing penalties for landfill mismanagement are insufficient — so policymakers must enact major changes to the way we dispose of solid waste, says Vineet Dubey at Custodio & Dubey.
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Ohio Tax Talk: The Legislative Push For Property Tax Relief
As Ohio legislators attempt to alleviate the increasing property tax burden, four recent bills that could significantly affect homeowners propose to eliminate replacement property tax levies, freeze property taxes for longtime homeowners, adjust homestead exemptions annually for inflation, and temporarily expand the homestead exemption, say Raghav Agnihotri and Rachael Chamberlain at Frost Brown.
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Tips For Advising CRE Owners Affected By Houston Storms
As Houston residents begin the arduous process of recovery after this month's devastating storms, attorneys should guide commercial real estate owners and managers toward immediate action under their insurance coverage to facilitate restoration and a return to normalcy, says Justin Ratley at Munsch Hardt.
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How Real Estate Cos. Can Protect Their IP In The Metaverse
The rise of virtual and augmented reality creates new intellectual property challenges and opportunities for real estate owners, but certain steps, including conducting a diligence investigation to develop an understanding of current obligations, can help companies mitigate IP issues in the metaverse, says George Pavlik at Levenfeld Pearlstein.
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Ga. Law Creates Challenges For Foreign Ownership Of Land
Under Georgia's new law limiting certain foreign possessory interests in agricultural land and land near military properties, affected foreign persons and entities will need to do significantly more work in order to ensure that their ownership remains legal, say Nellie Sullivan and Lindsey Grubbs at Holland & Knight.
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Questions Remain After Mass. Adverse Possession Case
A recent Massachusetts Land Court decision, concerning an adverse possession claim on a family company-owned property, leaves open questions about potential applicability to closely held corporations and other ownership types going forward, says Brad Hickey at DarrowEverett.
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4 Takeaways From Biden's Crypto Mining Divestment Order
A May 13 executive order prohibiting the acquisition of real estate by a foreign investor on national security grounds — an enforcement first — shows the importance of understanding how the Committee on Foreign Investment in the United States might profile cross-border transactions, even those that are non-notified, say attorneys at Kirkland.
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Insurer Quota-Sharing Lessons From $112M Bad Faith Verdict
In Indiana GRQ v. American Guarantee and Liability Insurance, an Indiana federal jury recently issued a landmark $112 million bad faith verdict, illustrating why insurers must understand the interplay between bad faith law and quota-sharing before entering into these relatively new arrangements, say Jason Reichlyn and Christopher Sakauye at Dykema.
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A Look At New IRS Rules For Domestically Controlled REITs
The Internal Revenue Services' finalized Treasury Regulations addressing whether real estate investment trusts qualify as domestically controlled adopt the basic structure of previous proposals, but certain new and modified rules may mitigate the regulations' impact, say attorneys at Simpson Thacher.
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How New Rule Would Change CFIUS Enforcement Powers
Before the May 15 comment deadline, companies may want to weigh in on proposed regulatory changes to enforcement and mitigation tools at the disposal of the Committee on Foreign Investment in the United States, including broadened subpoena powers, difficult new mitigation timelines and higher maximum penalties, say attorneys at Venable.
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2nd Circ. Eminent Domain Ruling Empowers Municipalities
The Second Circuit's recent decision in Brinkmann v. Town of Southold, finding that a pretextual taking does not violate the Fifth Amendment's takings clause, gives municipalities a powerful tool with which to block unwanted development projects, even in bad faith, say James O'Connor and Benjamin Sugarman at Phillips Lytle.
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SEC Should Be Allowed To Equip Investors With Climate Info
The U.S. Securities and Exchange Commission's new rule to require more climate-related disclosures will provide investors with much-needed clarity, despite opponents' attempts to challenge the rule with misused legal arguments, say Sarah Goetz at Democracy Forward and Cynthia Hanawalt at Columbia University’s Sabin Center for Climate Change.