Commercial

  • May 15, 2026

    Buddhists' Fla. Temple Suit Is Moot, Army Corps Says

    The Army Corps of Engineers asked a Florida federal court Friday to either pause or dismiss Buddhists' lawsuit alleging environmental and religious violations, arguing that an Everglades restoration project surrounding a temple was paused because of funding reallocation and because relief isn't possible since some construction was already completed.

  • May 15, 2026

    CRE May Face Stress From Private Credit Market, Report Says

    Commercial real estate could face indirect pressures from ongoing strain in the private credit market if this leads banks to tighten credit lines and threatens confidence among limited partnerships, CBRE noted in a report on private credit stress.

  • May 15, 2026

    Chinese Developer Kaisa Gets Ch. 15 Recognition

    Chinese property developer Kaisa Group received recognition of its Hong Kong insolvency proceeding, under which it is seeking to restructure its more than $15 billion of debt.

  • May 15, 2026

    V&E Survey Cites Power Capacity As Main Data Center Barrier

    A Vinson & Elkins LLP survey found that infrastructure developers and investors are confident that existing power infrastructure can meet near-term demand for data centers, even if power access could eventually become an obstacle to the projects supporting artificial intelligence technology. 

  • May 14, 2026

    Policyholders Win In Calif. Water Leak Precedent Ruling

    Policyholder advocates won a victory when a state court said litigators can cite a recent ruling about water damage claims.

  • May 14, 2026

    Benson Mucci Guides Costco's $55M Fla. Land Buy

    Retail giant Costco Wholesale paid $55 million for a 55-acre Fort Myers, Florida, development site in a land purchase deal guided by Benson Mucci & Weiss PL.

  • May 14, 2026

    Cushman & Wakefield Wants Discovery Stay For 401(k) Suit

    Commercial real estate services company Cushman & Wakefield told a Washington federal court Thursday that a proposed 401(k) class action's discovery deadlines need to be paused because of the company's pending dismissal and venue transfer motions.

  • May 14, 2026

    V&E, Latham Guide Oil Landowner EagleRock's $320M IPO

    EagleRock, a landowner collecting revenue from oil and gas activity in the Permian Basin, reached a market capitalization of $2.4 billion in an initial public offering advised by Vinson & Elkins LLP and Latham & Watkins LLP.

  • May 14, 2026

    Ex-Vornado CEO, Lender In Talks To Settle Miami Hotel Suit

    The lender and guarantors of a loan on a Miami hotel agreed Wednesday to hit pause on a lawsuit while they try to reach a settlement and allow a foreclosure on the property to go forward.

  • May 13, 2026

    Trump Library Land Given As Unlawful Gift, Fla. Suit Says

    A group of Florida residents alleged President Donald Trump broke the law after paying nothing to receive a downtown Miami parcel worth $300 million to build his presidential library, claiming in a federal lawsuit filed Wednesday the land transfer constituted an illegal gift under the U.S. Constitution.

  • May 13, 2026

    Heitman Lands $475M For Self-Storage Strategy Launch

    Heitman LLC has secured $475 million in investments for a self-storage acquisition initiative, enabling the global real estate investment manager to acquire a 79-property seed portfolio spanning 4.9 million rentable square feet, the company announced.

  • May 13, 2026

    A Decades-Old Infrastructure Funding Idea Finds New Ground

    Some of the biggest states in the U.S. have for years allowed developers to create special districts in which future property owners, instead of general taxpayers, pay for the infrastructure the neighborhood needs. Now, other fast-growing states are starting to join the club.

  • May 13, 2026

    Insurers Accused Of Stonewalling On $2.7M Hurricane Claims

    A New Orleans church urged a Louisiana federal judge to reopen litigation in order to sanction Lloyd's of London underwriters and other insurers, accusing them of repeatedly impeding efforts to arbitrate a nearly 4-year-old $2.7 million dispute over hurricane damage coverage.

  • May 13, 2026

    Simpson Thacher-Led Blackstone REIT Prices $1.75B IPO

    A Blackstone real estate investment trust focused on data centers is set to begin trading May 14 after raising $1.75 billion in an initial public offering, advised by Simpson Thacher & Bartlett LLP and underwriters' counsel Paul Hastings LLP.

  • May 13, 2026

    Goodwin Real Estate Atty Eyes Tariffs At Capital-Raising Stage

    A year after President Donald Trump's "Liberation Day" speech, tariffs are coming up in the context of capital-raising for real estate deals, one of Goodwin Procter's real estate leaders told Law360 in a recent interview.

  • May 13, 2026

    10th Circ. Doubts Bid To Undo Colo. Land Swap

    A Tenth Circuit panel appeared unsure that an appraisal of a land exchange between the federal government and a private landowner must be publicly disclosed under federal law, despite claims to the contrary from an attorney representing Colorado Wild Public Lands at oral argument Wednesday.

  • May 13, 2026

    Vedder Extends Downtown Chicago HQ Lease Through 2041

    Vedder Price has signed a 12-year lease extension deal with Tishman Speyer that will keep the law firm at its longtime global headquarters in Chicago through 2041, the real estate company announced Wednesday.

  • May 13, 2026

    Ex-NY Judge Charged With $5M Real Estate Investment Scheme

    A recently resigned Brooklyn state judge and a real estate investor were arrested Wednesday on federal charges they scammed $5 million from investors who backed their purported New Jersey commercial sale, allegedly pitched using the judge's good name.

  • May 13, 2026

    Hotel Giants Stay Bullish Amid War, World Cup Doubts

    Strong starts to 2026 have prompted leading hotel owners and operators to maintain or raise their outlooks despite uncertainties arising from the Middle East conflict and doubts about how much of a positive impact the World Cup will bring the U.S. market.

  • May 13, 2026

    Warsh Confirmed As Trump's Next Federal Reserve Chair

    The U.S. Senate signed off Wednesday on the White House's choice of Kevin Warsh to lead the Federal Reserve, capping off a monthslong process that became entangled in the Trump administration's push to criminally investigate outgoing Fed Chair Jerome Powell.

  • May 13, 2026

    Two Harbors Pans UWM's 'Inferior' New Acquisition Bid

    The board of directors for Two Harbors Investment Corp. slammed UWM Holdings Corp.'s "inferior" revised acquisition bid for the real estate investment trust, urging stockholders Wednesday to vote for another company's acquisition proposal.

  • May 13, 2026

    Amid Data Center Boom, Nonresi Construction Spending Dips

    Spending on nonresidential construction dropped marginally across both the private and public sector during March, despite a continuing deluge of data center construction spending, per data from the U.S. Census Bureau.

  • 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.

Expert Analysis

  • What's At Stake As 9th Circ. Eyes Cultural Resource Damages

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    In Pakootas v. Teck Cominco, the Ninth Circuit is faced with the long-unresolved question of whether cultural resource damages are recoverable as part of natural resource damages under the Superfund law — and the answer will have enormous implications for companies, natural resource trustees and Native American tribes, says Sarah Bell at Farella Braun.

  • 5 Insurance Types For Mitigating Tariff-Related Trade Losses

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    The potential for significant trade-related losses as a result of increased tariffs may cause companies to consider which of their insurance policies, including marine, builders risk, trade credit, and directors and officers, could provide coverage to alleviate the financial impact, say attorneys at Pillsbury.

  • Avoiding Pitfalls Around New Calif. Commercial Lease Law

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    A California law that became effective this year requires commercial landlords to extend certain protections previously afforded to residential tenancies, and a few key provisions of the law especially warrant reexamination of leasing and operational processes, say attorneys at Holland & Knight.

  • Measuring And Mitigating Harm From Discriminatory Taxes

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    In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.

  • Addressing Tariff Price Escalation In Construction Contracts

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    As construction projects across the U.S. face uncertainty surrounding material price increases driven by government-imposed tariffs, owners and developers should draft strong contracts to protect themselves from tariff-related cost overruns and delays, say attorneys at Akerman.

  • How The CRE Industry Is Adapting To Tariff Uncertainty

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    Amid uncertainty about pending tariffs and their potential ripple effects, including higher material costs, supply chain delays and tighter margins, commercial real estate industry players are focusing on strategic planning and risk mitigation, says Daniel Diaz Leyva at Day Pitney.

  • Reconciling 2 Smoke Coverage Cases From California

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    As highlighted by a California Department of Insurance bulletin clarifying the effect of two recent decisions on insurance coverage, the February state appellate ruling denying coverage for property damage from smoke, ash and soot should be viewed as an outlier, say attorneys at Reed Smith.

  • Contractor Remedies Amid Overhaul Of Federal Spending

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    Now that the period for federal agencies to review their spending has ended, companies holding procurement contracts or grants should evaluate whether their agreements align with administration policies and get a plan ready to implement if their contracts or grants are modified or terminated, say attorneys at DLA Piper.

  • Contract Disputes Recap: Terminations Galore

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    Attorneys at Seyfarth examine three recent decisions in which the Civilian Board of Contract Appeals and the Armed Services Board of Contract Appeals provide valuable insights into contract terminations, modifications and the jurisdictional requirements for claims.

  • Making The Opportunity Zones Program Great At Last

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    As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.

  • Investor Essentials For Buying Federally Owned Property

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    Investors and developers can take advantage of the Trump administration's plan to sell government-owned real estate by becoming familiar with the process and eligible to bid, and should prepare to move quickly once the U.S. General Services Administration posts the list of properties for sale, say attorneys at Holland & Knight.

  • How 2025 Is Shaping The Future Of Bank Mergers So Far

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    Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.

  • Why NY May Want To Reconsider Its LLC Transparency Law

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    Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.