Commercial

  • May 04, 2026

    NYC Real Estate Week In Review

    Goodwin Procter and Polsinelli are among the law firms that guided the largest New York City real estate deals that hit public records last week, with a Bronx buy topping the list.

  • May 04, 2026

    4 Firms Guide Global Net Lease's $535M Modiv Industrial Buy

    Global Net Lease said Monday that it has agreed to pay $535 million to acquire industrial-focused real estate investment trust Modiv in a deal advised by Paul Weiss Rifkind Wharton & Garrison LLP, Greenberg Traurig LLP, Morrison Foerster LLP and Venable LLP.

  • May 04, 2026

    REIT Offloads NYC Hotel For $33M Ahead Of Needed Repairs

    Real estate investment trust DiamondRock Hospitality said Monday that it has sold its stake in a Manhattan hotel for $33 million ahead of upcoming capital improvement needs at the property.

  • May 01, 2026

    Mass. Residents Sue Over Data Center's Expansion

    A group of Lowell, Massachusetts residents has accused the state's Department of Environmental Protection of wrongfully approving "a flawed air quality plan" for the expansion of a 14-acre, 352,000-square-foot data center that's allegedly been polluting their community.

  • May 01, 2026

    Lender Seeks Sale Of Colo. Building After $22.3M Default

    An Arizona investment firm asked a Colorado state court judge to foreclose on a commercial condominium after the owners defaulted on more than $22 million worth of loans.

  • May 01, 2026

    Hartford Unit Owed Contractor Coverage In Data Center Row

    A Hartford insurance specialty unit had a duty to defend a building contractor against an underlying suit over a data center's construction even after defamation claims were dropped, a California federal judge ruled, finding that existing claims could have exposed the contractor to additional defamation allegations.

  • May 01, 2026

    Extell Eyes Upper West Side Supertall Residential Tower

    Extell Development is seeking to build a nearly 1,200-foot residential tower on the Upper West Side in Manhattan, the tallest proposed residential project in New York, according to filings with the city in late April.

  • May 01, 2026

    Saks Gets OK For Plan Disclosure With Creditor Deal

    A Texas bankruptcy judge Friday approved Saks Global's Chapter 11 plan disclosure statement after hearing the retailer had struck a deal to split future litigation proceeds between the providers of its bankruptcy financing and its unsecured creditors.

  • May 01, 2026

    Continuum JV Lands $344M For 2-Tower Miami Project

    Developer Continuum Co. said its joint venture has secured $344 million in construction and predevelopment loans to pursue a two-tower project on Biscayne Bay that could construct more than 500 condo units in two phases.

  • April 30, 2026

    Verizon Slaps Landowner With Counterclaims Over Tower Lease

    Verizon is fighting back after a North Carolina federal judge declared that the lease for land a cell tower was constructed on is invalid, laying down a set of counterclaims accusing the landowner of using it to build up the site before canceling the lease.

  • April 30, 2026

    Real Estate Manager Wants Widow's Forgery, Fraud Suit Nixed

    The head of a real estate management company urged a Connecticut state court Wednesday to strike a widow's suit accusing him of using forgeries to strip her of an ownership stake in a related holding company allegedly worth more than $20 million.

  • April 30, 2026

    Judge Spares Offshore Wind Farm In Resident Noise Suit

    A New Jersey federal judge dismissed a challenge from a group of residents to an offshore wind development, finding state laws regulating construction noise and operation don't apply to the work authorized by Congress.

  • April 30, 2026

    Cannabis Dispute Ends With Plaintiff Co. Facing $1.34M Default

    A California state court snuffed out a Los Angeles cannabis company's fraud lawsuit against its investors and landlords, which were accused of stealing $40 million and wrecking its cannabis license, opening the door for the ex-business partners to score a $1.34 million default judgment.

  • April 30, 2026

    Gaming REIT Execs Talk State Regs, Insurance, Caesar's

    In calls to discuss their first-quarter results with analysts last week, officials from gaming-focused real estate investment trusts Gaming and Leisure Properties and VICI Properties spoke about sources of capital, a potential Caesar's take-private deal, and risks posed by various state efforts to expand legal gambling.

  • April 30, 2026

    Broker Says RE Biz Partner Stole Over $1M In Funds

    A North Carolina real estate broker has alleged in a lawsuit designated by the state's business court on Wednesday that his real estate development partner stole more than $1 million from companies they own together.

  • April 30, 2026

    AH Realty Trust Seeks To Revamp Board In Strategic Shift

    AH Realty Trust is trying to revamp its board of directors so it has nominated an ex-Morgan Stanley executive and a cannabis-focused real estate investment firm's chief financial officer, the real estate investment trust announced April 30.

  • April 30, 2026

    Acres Commercial To Internalize Management With Merger

    Hunton Andrews Kurth LLP advised as Acres Commercial Realty Corp. acquired Acres Capital Corp. in a transaction to internalize the real estate investment trust's manager and more than double its assets under management.

  • April 29, 2026

    Enterprise AI Adoption Drives Data Center REIT Gains

    Digital infrastructure demand grew among businesses seeking to use artificial intelligence systems at scale and drove lofty gains in first-quarter earnings for data center real estate investment trusts Equinix Inc. and Digital Realty Inc., executives said in recent earnings calls.

  • April 29, 2026

    Utah Biz Owner Says Colo. Cannabis Store Owners Owe $4.8M

    The owners of a chain of Colorado retail cannabis stores were accused by a Utah-based entrepreneur in Colorado federal court Tuesday of owing more than $4.8 million in unpaid obligations, including more than $2 million in unpaid loans and nearly $2 million in airplane expenses.

  • April 29, 2026

    New Starts Still Lag As 2 REITs Go All In On Senior Housing

    Executives from healthcare real estate investment trusts Ventas and Welltower said they are shifting more of their portfolios to senior housing assets amid continued strong demand, but one REIT said rents largely aren't supporting the high costs of new senior living construction.

  • April 29, 2026

    Powell Says He'll Stay On Fed Board After Time As Chair Ends

    Federal Reserve Chair Jerome Powell said Wednesday that he won't immediately leave the central bank once his term ends next month and plans instead to remain on its board temporarily, pointing to the Trump administration's recent "legal attacks" on the institution.

  • April 29, 2026

    Fla. Judge DQ'd In Trump Library Suit Over Courtroom Hug

    A Florida state appellate panel disqualified a trial judge overseeing a suit accusing a Miami college of transferring land for a President Donald Trump library without proper notice, agreeing Wednesday that the judge's thanking and hugging the man who brought the suit was improper.

  • April 29, 2026

    Vornado Pays $1.1B For Stake In NYC Office Tower

    Vornado Realty Trust will pay $1.1 billion to buy developer Closer Properties' 49% interest stake in a 45-story, 1.2-million-square-foot office tower in downtown Manhattan, the real estate investment trust announced April 28.

  • April 29, 2026

    Axonic Lends $72M To Refi JV's Midtown NYC Office Tower

    Real estate-focused alternative investment management firm Axonic Capital said Wednesday that it provided $72 million to refinance a joint venture's interest in a Class A Midtown Manhattan office building.

  • April 29, 2026

    Castlelake, Redwood Ink $8B Prime Jumbo Mortgage Venture

    Private credit specialist Castlelake LP and real estate investment trust Redwood Trust Inc. are partnering to buy up to $8 billion in prime jumbo mortgage loans as part of a joint venture agreement, they said April 29.

Expert Analysis

  • 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.

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

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    The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.

  • How GSA Lease Clauses May Affect DOGE Terminations

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    The Department of Government Efficiency has begun to cut the U.S. General Services Administration's enormous real estate portfolio, but some standard lease clauses include limits helpful to landlords that may slow progress toward the administration's cost-cutting goals, say attorneys at Pillsbury.

  • What SDNY Judge Can And Can't Do In Adams Case

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    The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.