Commercial

  • May 13, 2026

    IRS Offers Easement Deals With 10% Penalty, No Haggling

    Eligible partnerships disputing conservation or historic preservation easement charitable deductions cannot negotiate their tax benefit amounts under the Internal Revenue Service's latest settlement offer, which carries a 10% penalty, the agency announced Wednesday.

  • May 12, 2026

    ABB To Sink $200M Into Grid Tech Manufacturing In Europe

    ABB has announced plans to invest $200 million over the next three years in European manufacturing capabilities as the electrification technology company eyes grid modernization needs driven by higher electricity and data center demand.

  • May 12, 2026

    Michael Best Hires Ex-Messner Reeves RE Partner In Denver

    Michael Best has hired a former Messner Reeves LLP real estate transactions partner for its real estate team in Denver.

  • May 12, 2026

    ACLU, Other Groups Want To Back Mich. In ICE Facility Fight

    The American Civil Liberties Union was joined by several civil rights and immigrant advocacy groups in asking a Michigan federal court on Monday for permission to weigh in support of a suit filed by the state of Michigan and city of Romulus seeking to stop an immigration detention center from taking over a former warehouse site.

  • May 12, 2026

    NYC Loft Owner Closes Stormy Ch. 11 With Sale To Lender

    A New York bankruptcy judge Tuesday gave the owner of a Manhattan loft permission to hand the property over to its mortgage lender and wind down its business, and congratulated the parties for concluding a contentious Chapter 11.

  • May 12, 2026

    NJ, ICE Pause Fight Over Planned Immigrant Detention Center

    The state of New Jersey and one of its municipalities on Tuesday temporarily paused their bid to block a planned immigration detention center after reaching an agreement with federal officials that halts most work at the site pending further environmental review.

  • May 12, 2026

    Davis Polk Guides $386M Securitization For Telecom Owner

    Davis Polk & Wardwell LLP advised wireless infrastructure company TowerPoint Infrastructure Partners on a recent $386 million oversubscribed securitization of its assets in the U.S. to support debt refinancing and an expansion of the company's portfolio.

  • May 12, 2026

    Chamberlain Hrdlicka Adds Real Estate Litigator In Houston

    Chamberlain Hrdlicka White Williams & Aughtry announced Monday that an experienced real estate litigator who spent the last 15 years as a solo practitioner has joined the firm's Houston office as a shareholder.

  • May 12, 2026

    Senate Puts Warsh On Track To Replace Powell As Fed Chair

    The U.S. Senate on Tuesday confirmed Trump nominee Kevin Warsh to a board seat at the Federal Reserve, moving him one step closer to taking over from Jerome Powell as chairman of the central bank.

  • May 12, 2026

    Ex-Tannenbaum Construction Co-Chair Joins Jones Day

    Jones Day announced on Tuesday the hiring of a former co-chair of the construction and design practice group at New York law firm Tannenbaum Helpern Syracuse & Hirschtritt LLP as a partner in its real estate practice.

  • May 11, 2026

    Trump Administration Strikes Deal With DC Golf Courses

    The U.S. Department of the Interior has struck a deal with the operator of three public golf courses in Washington, D.C., bringing momentary peace to a sticky fight over the Trump administration's effort to seize the properties.

  • May 11, 2026

    Cushman & Wakefield Tries To Sink 401(k) Climate Risk Suit

    Commercial real estate services giant Cushman & Wakefield is looking to shed a former employee's "novel and flashy" proposed class action alleging its retirement plan exposed participants to climate-related financial risk, arguing the suit fails to show the purported risk is tied to actual underperformance by the relevant investment fund.

  • May 11, 2026

    Student Housing Co.'s Ch. 11 Transferred To California

    A Delaware bankruptcy judge said Monday he will send the Chapter 11 case of student housing owner Element Student Living to California because that is where the debtor's sole asset is located, finding there are no compelling reasons to keep the case in Delaware.

  • May 11, 2026

    Minn. Justices Challenge County On Hilton Valuation Appeal

    Minnesota's justices quizzed counsel for Hennepin County on Monday on whether its arguments for its preferred method for valuing a Hilton-branded Minneapolis hotel and convention center could be enough to overturn a state tax court decision that adopted the owner's approach.

  • May 11, 2026

    Cowboy Space Hits $2B Valuation After $275M Funding Round

    Orbital infrastructure company Cowboy Space Corp., led by Fenwick & West LLP, on Monday announced that its valuation soared to $2 billion after it closed its most recent funding round with $275 million in tow.

  • May 11, 2026

    Brewery Says Eviction Bid Chases Profit From FIFA World Cup

    A Houston brewery asked a Texas state court on Monday to block its landlord from evicting it ahead of the 2026 FIFA World Cup, alleging the landlord manufactured lease defaults to retake the property and profit from its location near Houston's planned tournament fan zone.

  • May 11, 2026

    Cushman & Wakefield Failed To Protect Clients' Info, Suit Says

    A proposed class has accused global commercial real estate company Cushman & Wakefield Inc. in New York federal court of not doing enough to protect current and former clients' confidential information from hackers, who ultimately breached the company's systems.

  • May 11, 2026

    NYC Real Estate Week In Review

    Greenberg Traurig and JZ Legal are among the law firms that grabbed work on the largest New York City real estate deals that became public last week, with nine-figure trades in Manhattan and Brooklyn leading the way.

  • May 11, 2026

    Blackstone, Halliburton Plug $1B In Energy Startup VoltaGrid

    Behind-the-meter power generation company VoltaGrid said Monday that it plans to acquire a supplier and expand its offerings for data centers, microgrids and industrial uses with a $1 billion investment from Blackstone and Haliburton Co., advised by Kirkland & Ellis LLP, Sidley Austin LLP, Simpson Thacher & Bartlett LLP and Mogan Daniels Slager LLP.

  • May 11, 2026

    Latham Snags Skadden Real Estate Co-Chair

    An attorney who practiced for nearly three decades at Skadden Arps Slate Meagher & Flom LLP and co-chaired the firm's real estate group has moved to Latham & Watkins LLP's New York office, the firm announced Monday. 

  • May 11, 2026

    Troutman Brings On Holland & Knight RE Pro In Dallas

    Troutman Pepper Locke announced Monday that it has bolstered its real estate practice group by bringing on a former Holland & Knight partner in Dallas who advises clients on transactions and other matters.

  • May 11, 2026

    Broadway Shows Freed From NYC Rent Tax On Billboards

    Operators of four Broadway musicals don't owe New York City's commercial rent tax on billboard advertisements that they paid third-party entities to run because the operators didn't use the billboards, a city administrative law judge determined.

  • May 11, 2026

    UpCodes Aims To Unlock, Untangle Building Laws

    Scott and Garrett Reynolds launched their company, UpCodes, with the aim of using technology to help anyone engaged in a building project more easily comply with the myriad codes regulating the field, but along the way, they've repeatedly found themselves having to defend their efforts in court.

  • May 11, 2026

    UWM Ups Two Harbors Bid To Thwart CrossCounty Deal

    UWM Holdings Corp. is trying to thwart CrossCountry Mortgage LLC's bid to acquire real estate investment trust Two Harbors Investment Corp., upping its bid for the REIT on Monday from $12 per share to $12.50 per share in an all-cash deal that also offers stock.

  • May 11, 2026

    Alternative Credit Fueled Q1 CRE Lending Spike, CBRE Says

    Broker CBRE said Monday that commercial real estate lending reached a five-year high in the first quarter, with debt funds driving an increase in alternative lending activity by upping their volume more than threefold from a year ago.

Expert Analysis

  • Data Center Construction Trends, Challenges In Ill. And Texas

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    Data centers in Illinois and Texas are reshaping the industrial landscape, but this growth brings legal complexity, so developers, contractors and corporate legal departments must have a deep understanding of each state's legal terrain and take a proactive approach to risk management, say attorneys at Hicks Johnson.

  • Definitions Of 'Waters Of The United States' Ebb And Flow

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    The issue of defining whether "waters of the United States" include streams and channels that sometimes have water and sometimes do not has been fraught since the U.S. Supreme Court's 2006 Rapanos decision, but a possible new rule may help property owners stay out of court, says Neal McAliley at Carlton Fields.

  • Texas Property Law Complicates Financing And Development

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    A new Texas law imposing expansive state-level restrictions on properties owned by entities from designated countries creates a major obstacle for some lenders, developers and other stakeholders, as well as new diligence requirements for foreign companies, say attorneys at Pillsbury.

  • How Bankruptcy Law Caps Landlords' Rejected Lease Claims

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    With corporate bankruptcy filings for the first half of the year at a 15-year high, landlords should be prepared for commercial tenants to use the bankruptcy process to reject unwanted leases in order to lessen corporate footprints and improve liquidity, say attorneys at Mintz.

  • Annual Report Shows CFIUS Extending Its Reach In 2024

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    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.

  • Navigating The New Playbook For SBA 504 Loans

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    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.

  • Assessing Strategies For Mixed-Use Pro Sports Projects

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    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.

  • 4 Questions For Insureds To Overcome Flood Exclusions

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    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.

  • Opportunity Zone Overhaul Is Good News For Investors

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    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.

  • Texas High Court Decision Could Reshape Contract Damages

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    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.

  • Navigating The Complexities Of NYC Waterfront Development

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    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.

  • A Guide To Army Corps Appeals As Wetlands Definition Shifts

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    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.

  • New NY Residential Real Estate Rules May Be Overbroad

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    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.