Commercial

  • February 20, 2026

    Partnership Defends $22M Donation Under 5th Amendment

    A Georgia partnership raised arguments under the Fifth, Seventh and Eighth amendments in defending a $22.9 million conservation easement deduction for 2018, saying the denial of the deduction amounts to the government taking property for public use without just compensation.

  • February 19, 2026

    Host Hotels Sells Two Four Seasons Resorts for $1.1B

    Host Hotels & Resorts Inc. has sold two major resorts for a combined $1.1 billion, continuing an active start to 2026 for the largest lodging real estate investment trust.

  • February 19, 2026

    SEC Says Calif. Man Dragging Feet On Fraud Suit Settlement

    The U.S. Securities and Exchange Commission has moved to reopen a securities fraud case accusing a California man of misappropriating more than $1.6 million from investors through five real estate funds, saying that despite reaching a settlement in principle a few months ago, the defendants have failed to finalize the agreement.

  • February 19, 2026

    SEC Accuses Texas Brothers Of $12M Real Estate Fraud

    The U.S. Securities and Exchange Commission has accused a pair of brothers in Texas of using two companies they control to defraud approximately 48 investors out of $12 million with a deceptive real estate offering.

  • February 19, 2026

    Gibson Dunn, Stearns Weaver Advise $320M NYC Hotel Deal

    Miami real estate firm Gencom has acquired a Manhattan hotel for $321.1 million from real estate investor Westbrook Partners, in a deal advised by Gibson Dunn & Crutcher LLP and Stearns Weaver Miller Weissler Alhadeff & Sitterson PA.

  • February 19, 2026

    Property Co. Denies Connection To Hawaii Temple Access Suit

    A property management company is looking to escape a challenge by a group of Native Hawaiians over access to an ancient Indigenous temple, arguing its alleged wrongful conduct is not called out with any specificity in the complaint.

  • February 19, 2026

    Terreno Realty Buys $92M Industrial Property In Queens, NY

    Industrial real estate operator Terreno Realty Corp. has bought a distribution building in College Point, Queens, for about $92 million and plans to do extra construction work on the property, the company said Thursday.

  • February 19, 2026

    NM Lawmakers OK Longer Redevelopment Property Tax Break

    New Mexico would extend a property tax exemption period for eligible redevelopment projects under a bill approved by state lawmakers and headed to the governor.

  • February 18, 2026

    Fla. Court Rejects Appeal Of 'Customary Use' Beach Ruling

    A Florida state appeals court declined to review a 2024 judgment establishing public access to some Walton County beaches, finding that a June repeal of a law that prompted the litigation rendered the underlying judgment null.

  • February 18, 2026

    Telecom Joint Venture To Pay $2.7B For UK Fiber Company

    Private equity firm InfraVia Capital Partners and European telecommunications companies Telefónica and Liberty Global will use their Nexfibre joint venture to pay $2.7 billion for Substantial Group, which is the "second-largest alternative fiber provider" in the United Kingdom, the acquiring companies announced Wednesday.

  • February 18, 2026

    Landlords Seek Protection In Saks' Ch. 11 Financing Plan

    A group of landlords in Texas bankruptcy court objected to Saks' bid to obtain debtor-in-possession financing for its Chapter 11 plan, saying the proposed budget doesn't include millions the luxury retailer owes in rent.

  • February 18, 2026

    Feds Release $130M NY, NJ Gateway Hudson Tunnel Funds

    New York and New Jersey officials said Wednesday that construction on the $16 billion rehabilitation of aging commuter train tunnels under the Hudson River would resume next week after the federal government released $130 million in funds that a federal judge in Manhattan recently ruled had been unlawfully frozen.

  • February 18, 2026

    Merus Plans To Convert Tenn. Mall To Mixed-Use District

    Merus acquired a closed down Middle Tennessee mall in order to start a $450 million redevelopment plan that aims to turn the property into a 57-acre mixed-use district with housing, offices, retail areas and more, the developer announced.

  • February 18, 2026

    Real Estate Group Of The Year: Willkie

    Willkie Farr & Gallagher LLP guided Henry Crown & Co. in a record-setting $3.5 billion refinancing of Rockefeller Center, along with advising Saks Global on its $2.7 billion acquisition of Neiman Marcus Group, earning the firm a spot among the 2025 Law360 Real Estate Groups of the Year.

  • February 18, 2026

    Construction Group Of The Year: Mandelbaum Barrett

    Mandelbaum Barrett PC secured a $14 million trial victory for a luxury condominium association against a contractor and guided a client through a thorny construction dispute following a change of ownership, earning its spot among the 2025 Law360 Construction Groups of the Year.

  • February 18, 2026

    NYC Real Estate Week In Review

    Romer Debbas LLP and Davis+Gilbert LLP were among the firms that handled New York City's largest recorded real estate transactions last week, which featured multiple units in luxury high-rises designed by architect Robert A.M. Stern.

  • February 18, 2026

    Diversity In Demand Feeds Data Center REITs' Gains

    Real estate investment trusts Equinix Inc. and Digital Realty Inc. attributed the growth they experienced last quarter and last year to data center demand from various sources, including business sectors beyond cloud computing and information technology.

  • February 18, 2026

    JV Buys 39-Acre Industrial Outdoor Portfolio In Phoenix

    Zenith Industrial Outdoor Storage said Wednesday it has acquired a 39-acre, 11-asset portfolio across the Phoenix, Arizona, metropolitan area, working with institutional investors advised by J.P. Morgan Asset Management.

  • February 18, 2026

    5 Firms Shape Kennedy Wilson's $1.65B Take-Private Deal

    Real estate investment firm Kennedy Wilson has announced it agreed to be taken private by a consortium led by the company's CEO and Canadian insurance company Fairfax Holdings in an up to $1.65 billion deal advised by five law firms.

  • February 18, 2026

    SD Updates Fed. Conformity For Property, Bank, Sales Taxes

    South Dakota updated its conformity with the Internal Revenue Code for various property tax, bank franchise tax and sales tax statutes under a bill signed by the governor.

  • February 18, 2026

    Co. Buys Part Of Fla. Waterfront Complex, Plans Expansion

    A Florida company providing investment management and wellness services has purchased a portion of a Jupiter, Florida, waterfront complex where it has been based for more than 10 years.

  • February 18, 2026

    Shareholder Activism In Real Estate Enters New Era

    Boards of directors for real estate investment trusts should expect dissenting investors to continue challenging corporate leadership behind closed doors and in the open, attorneys say, because the days of REITs being unattractive targets are over.

  • February 18, 2026

    Palantir Moves HQ From Denver To Miami

    Palantir Technologies Inc., the artificial intelligence-powered data analytics firm, announced it has moved its headquarters to Miami, with its latest securities filings citing an address in a northern suburb of the city.

  • February 17, 2026

    Wash. Bank Ignored Ponzi Scheme Warnings, Investors Say

    Investors have urged a Washington federal judge not to toss their suit accusing Columbia Bank of keeping a real estate investment firm's $230 million Ponzi scheme afloat by maintaining the enterprise's accounts even when evidence of fraud surfaced, arguing there is ample factual evidence showing that the bank knew about the scheme and assisted in it.

  • February 17, 2026

    Davis Polk Guides RXR's $407M NYC Office Tower Refi

    A joint venture controlled by RXR Realty LLC has secured a $407 million mortgage to refinance a 40-story, 1 million-square-foot Manhattan office tower that serves as the New York City headquarters of Davis Polk & Wardwell LLP, which advised the real estate company in the deal, the law firm announced Tuesday.

Expert Analysis

  • 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.

  • The Emerging Issues Shaping Real Estate Project Insurance

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    As real estate faces increasingly complex considerations — such as climate losses, "nuclear verdicts" and regulatory changes — insurance is evolving into a strategic function that should be discussed early in the planning stages of a project, says Jason Adams at Cox Castle.

  • CFIUS Trends May Shift Under 'America First' Policy

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    The arrival of the Committee on Foreign Investment in the United States' latest annual report suggests that the Trump administration's "America First" policy will have a measurable effect on foreign investment, including improved trendlines for investments from allied sources and increasingly negative trendlines for those from foreign adversary sources, say attorneys at Debevoise.

  • New Conn. Real Estate Laws Will Reshape Housing Landscape

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    With new legislation tackling Connecticut's real estate landscape, introducing critical new requirements and legal ambiguities that demand careful interpretation, legal counsel will have to navigate a significantly altered and more complex regulatory environment, say attorneys at Harris Beach.