Commercial

  • 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.

  • May 11, 2026

    Burr & Forman Makes Navy Yard Permanent DC Home

    Burr & Forman LLP has made its Navy Yard neighborhood office its permanent home in Washington, D.C., after launching in the city in 2025 with construction partners from Fox Rothschild LLP, the firm announced Monday.

  • May 08, 2026

    Telecom Tower Owners Found In Contempt Over Sale Defiance

    A New York federal judge said he is tired of his orders being ignored after years of overseeing a fight over a corporate coup, and has ruled to hold the majority shareholders of a telecommunications infrastructure firm "and the person who controls them" in contempt of court.

  • May 08, 2026

    Franchisees Say Jack In The Box Trying To 'Avoid' Calif. Law

    Two Jack in the Box Inc. franchisees have answered the fast-food giant's bid to avoid contributing to a legal settlement over allegedly noncompliant job postings by saying Jack in the Box is attempting to "avoid" a California law that could work against it.

  • May 08, 2026

    NJ Panel Backs Cannabis License Denial Over Odor Concerns

    A New Jersey city's officials can deny a micro cannabis dispensary's license application based on concerns they have about the business's odor mitigation plan and consumption lounge, a state appeals court ruled, finding they acted within their discretion.

  • May 08, 2026

    Texas Justices Order Appraisal In $40M Flood Damage Dispute

    Texas' highest court on Friday conditionally granted a mandamus petition by insurers seeking to compel appraisal in litigation over roughly $40 million in water damage to a Dallas property owned by a real estate development group.

Expert Analysis

  • 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.

  • Trump Tax Law Has Mixed Impacts On Commercial Real Estate

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    The One Big Beautiful Bill Act brings sweeping changes to the real estate industry — and while the permanency of opportunity zones and bonus depreciation creates predictability for some taxpayers, sunsetting incentives for renewable energy projects will leave others with hard choices, says Jordan Metzger at Cole Schotz.

  • Contractor Considerations As Construction Costs Rebound

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    The U.S. construction industry is navigating rising costs driven by energy and trade policy, which should prompt contractors to review contract structuring, supply chain management and market diversification, among other factors, say attorneys at Cozen O'Connor.