Commercial

  • February 25, 2026

    Former Philly Hospital Operator's Ch. 11 Wind-Down Gets OK

    A Delaware bankruptcy judge on Wednesday signed off on the Chapter 11 liquidation plan of Center City Healthcare, the former operator of two Philadelphia hospitals, allowing the debtor to wind down its affairs and make distributions to creditors.

  • February 24, 2026

    High Court Rejects NJ Towns' Bid To Pause Housing Rule

    The U.S. Supreme Court on Tuesday declined to pause a provision of New Jersey's affordable housing framework that a coalition of state municipalities said unfairly places all responsibility for building such housing on non-urban municipalities.

  • February 24, 2026

    4th Circ. Nixes Tree Farm Plans For Va. Golf Community

    The Fourth Circuit on Tuesday found that a Virginia Beach, Virginia, residential community for seniors can restrict a company from planting over a centerpiece golf course with trees, in a dispute that escalated after the company put up a "spite fence" and banned walking on the course.

  • February 24, 2026

    Office Building REIT OK To Take Votes On $1.1B Debt-Cut Plan

    A Texas bankruptcy judge on Tuesday said he would allow Office Properties Income Trust to solicit votes on a Chapter 11 plan that would let the company cut about $1.1 billion in debt, reserving creditor objections to the proposal for a later hearing.

  • February 24, 2026

    Greenberg Traurig Adds Ex-Baker McKenzie Atty In Chicago

    Greenberg Traurig LLP has hired a former Baker McKenzie attorney who specializes in real estate-focused private equity funds as a shareholder in its Chicago office.

  • February 24, 2026

    Saks, Simon Properties Spar Over Lease Terminations

    Counsel for luxury retailer Saks and retail landlord Simon Properties asked a Texas bankruptcy judge on Tuesday to rule if a $100 million deal in 2024 allows Simon to terminate two of Saks' leases.

  • February 24, 2026

    Judiciary Seeks Control Over Courthouse Maintenance

    The federal judiciary says courthouses are in "crisis," with an $8.3 billion backlog in maintenance, and on Tuesday repeated its request to Congress for the direct authority to maintain the buildings.

  • February 24, 2026

    Tech Giants Amazon, Google And Meta Ink Major AI Deals

    Amazon.com Inc., Meta Platforms Inc. and Google LLC have each unveiled plans to pour tens of billions of dollars into artificial intelligence infrastructure, as AI's computing and energy needs continue to drive Big Tech's spending strategies.

  • February 24, 2026

    NYC Mayor Taps Former Equity Chief To Lead City Planning

    New York City Mayor Zohran Mamdani on Tuesday named Sideya Sherman, the city's former equity office commissioner, to lead the Department of City Planning and chair the City Planning Commission.

  • February 24, 2026

    BCLP Guides LA Development's $470M Bankruptcy Sale

    A sprawling mixed-use development project in downtown Los Angeles has been sold off as part of an ongoing Chapter 11 bankruptcy case in a $470 million transaction guided by Bryan Cave Leighton Paisner LLP.

  • February 24, 2026

    Colo. Real Estate Sale Receipts Not Apportionable To Corp.

    Gross receipts from the sale of a Colorado assisted living facility by a partnership are not included in the receipts of the partnership's majority owner for the purpose of state apportionment, the state tax department said.

  • February 24, 2026

    Troutman Atty Talks Potential Enviro Rule Change

    A key regulatory definition under the Clean Air Act may receive an overhaul from the Trump administration that could clear a fog of ambiguity that has prompted questions among construction attorneys for decades, according to a Troutman Pepper Locke LLP partner.

  • February 24, 2026

    Interior Department Finalizes NEPA Rollback For Public Lands

    The Interior Department said it has cleared the way for faster approval of large infrastructure projects by finalizing a rollback of nearly 50-year-old policies in the National Environmental Protection Act to reduce the scope of the law by more than 80%.

  • February 24, 2026

    PredictAP Brings Order To Real Estate Firms' Bill Paying

    David Stifter was aiming to help his employer, a global real estate investment firm, streamline the process of paying bills for its complicated web of ownership entities. He ended up launching an independent technology product that could help ensure that the work of attorneys who set up those entities does not go for naught.

  • February 24, 2026

    Hersha Nabs Renovated Savannah Golf Resort

    Hersha Hotels and Resorts acquired the Westin Savannah Harbor Golf Resort and Spa for an undisclosed price, the third time the property has traded hands in 10 years, per seller-side broker JLL.

  • February 24, 2026

    Wells Fargo Denies Involvement In Alleged Fla. EB-5 Fraud

    Wells Fargo urged a Florida federal court to dismiss it from a proposed class action from EB-5 investors who say the bank facilitated a fraudulent real estate project in Orlando, Florida, arguing the complaint is an untimely "misguided attempt to saddle Wells Fargo with liability."

  • February 24, 2026

    NYC Real Estate Week In Review

    Gibson Dunn & Crutcher LLP and Stearns Weaver Miller guided the $321.1 million sale of the 253-key Ritz-Carlton New York hotel in Manhattan, the largest of eight property sales north of $20 million last week.

  • February 23, 2026

    Tariff Decision May Offer Fleeting Relief For Real Estate Sector

    Attorneys and other industry professionals shared insights with Law360 Real Estate Authority about how the U.S. Supreme Court ruling striking down certain tariffs and the White House's response may impact real estate and construction.

  • February 23, 2026

    Fla. Hotel's Control Of Beach Key In Drowning Suit

    A Florida state judge said Monday the estate of a man who drowned after being caught in a rip current will need to show that a Miami Beach hotel owned or controlled the beach to prevail on its premises liability and duty to warn claims against the hotel.

  • February 23, 2026

    McDermott Quilty Guides Boston Hotel's Zoning Approval

    The Boston Zoning Commission has unanimously approved a McDermott Quilty Miller & Hanley LLP-guided joint venture's upcoming 160,000-square-foot, 438-room hotel project to be located in the city's Seaport District.

  • February 23, 2026

    Justices Wary Of Broad Reading Of Cuba Expropriation Law

    The U.S. Supreme Court on Monday appeared inclined to erect guardrails around a federal law allowing U.S. victims of property seizures by the Cuban government to seek damages, in a pair of cases involving damages that could exceed $1 billion and claimants that include Exxon Mobil Corp.

  • February 23, 2026

    Greenberg Glusker Adds Land Use, Corporate Attys In LA

    Greenberg Glusker Fields Claman & Machtinger LLP announced Monday the firm is expanding its ranks with the addition of two new partners to its Los Angeles office: a land use whiz from Jeffer Mangels & Mitchell LLP and a transactional ace from Prospera Law LLP.

  • February 20, 2026

    Ex-Exec Must Arbitrate Claims In CoStar DQ-Embroiled Spat

    A California federal judge sent most of a former Matterport executive's harassment and retaliation suit to arbitration, amid a suit that has prompted CoStar's efforts to disqualify Quinn Emanuel Urquhart & Sullivan LLP counsel in separate litigation.

  • February 20, 2026

    Ind. Stadium Bill Moves NFL's Bears Step Closer To Ill. Exit

    An Indiana legislative panel has taken a step toward supporting the Chicago Bears in a possible move from Soldier Field in Chicago to a domed stadium in Hammond, Indiana, after Illinois lawmakers said late last year they would not help fund the team's move out of the city to another suburban site.

  • February 20, 2026

    Up Next At High Court: Cuban Seizures & Removal Deadlines

    The U.S. Supreme Court will kick off its February oral argument session by hearing cases that could expand or limit the availability of damages for U.S. victims of property seized by the Cuban government and a defendant's chance to remove state court cases to federal court.

Expert Analysis

  • For Data Centers, Both Hyperscale And Edge Are Key In 2026

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.