Commercial

  • October 09, 2026

    Seward & Kissel Extends Lease At One Battery Park In NYC

    Seward & Kissel LLP has agreed to a 170,112-square-foot lease extension at Rudin's 35-story One Battery Park Plaza office tower in Manhattan, according to a Friday announcement.

  • October 09, 2026

    Clean Energy Data Center Developer Inks $300M SPAC Merger

    Green AI Cloud, an operator of artificial intelligence data centers in Sweden, will merge with a special purpose acquisition company to go public in a deal valuing the company at $300 million in pre-money equity value, guided by Mannheimer Swartling Advokatbyrå AB and Winston Taylor.

  • October 09, 2026

    Holtzman Vogel Plants 'Deep Roots' At New Nashville Office

    Holtzman Vogel Baran Torchinsky & Josefiak PLLC recently moved into a new office in Nashville, placing the firm's attorneys at what the office leader this week called the heart of "where Music Row meets the legal and business community."

  • October 08, 2026

    Zillow Says Court Misread Case Law In Realtors' Antitrust Suit

    Zillow urged a Washington federal judge to revisit a recent ruling advancing a proposed class action accusing it of gatekeeping referrals to pressure realtors into buying its software and promoting its home loan services, contending the court cited inapplicable cases when considering antitrust standing and other key issues.

  • October 08, 2026

    9/11 Family Sues Cannabis Entrepreneurs Over $1.3M Loss

    A 9/11 widow and her children are suing a previously sanctioned Los Angeles-area cannabis entrepreneur and his associate in California state court claiming they misused the family's $1.3 million investment, taken from their terrorism-victim compensation fund, after making false promises of guaranteed returns.

  • October 08, 2026

    Duke Energy, Tech Giants Ink Data Center Cost Deal

    Duke Energy announced that it has reached a deal with North Carolina regulators, Amazon, Meta, Microsoft, Google and others to beef up existing protections to ensure ratepayers won't be burdened with costs incurred from data centers and other large-load customers in the Tar Heel State. 

  • October 08, 2026

    Maynard Nexsen Adds Private Market, RE Pros In Tenn.

    Maynard Nexsen PC has hired three Memphis-based attorneys as shareholders to bolster its private markets and real estate practices in its Nashville, Tennessee, office, the firm announced.

  • October 08, 2026

    Colo. Landowners Sue To Block Data Center

    Colorado landowners sued Weld County and a data center developer, alleging that the county unlawfully approved the first phase of what they say will be the state's largest data center despite concerns about its water and electricity needs, noise pollution and violations of public meeting requirements.

  • October 08, 2026

    Jones Day Adds McDermott RE Finance Atty In Los Angeles

    Jones Day has brought on a McDermott Will & Schulte partner in its Los Angeles office, strengthening its financial markets practice.

  • October 08, 2026

    Buffalo Sues Feds Over NY Tribe's Land Sale's Status

    The city of Buffalo is asking a New York district court to vacate the federal government's decision to place a 3.8-acre waterfront parcel in a restricted fee status for the Seneca Nation of Indians that could remove the property from the municipality's tax rolls.

  • October 07, 2026

    Amazon Follows Microsoft In Vowing Off Data Center NDAs

    Amazon Web Services said it has stopped using nondisclosure agreements with governments on its data center developments in a letter from the company's CEO promising $1 billion in new spending on local initiatives.

  • October 07, 2026

    These Law Firms Led Q3's Top Hospitality M&A Deals

    Latham & Watkins, Jones Day and Kirkland & Ellis are a few of the legal shops guiding the biggest deals in the hospitality sector in the third quarter, including billion-dollar purchases of subtropical and tropical resorts and several acquisitions in Asia.

  • October 07, 2026

    These Law Firms Led Q3's Top Real Estate M&A Deals

    Gibson Dunn, Thompson Hine, DLA Piper, Hogan Lovells and Skadden are among the nearly two dozen law firms that guided the biggest real estate mergers in the third quarter, including a $5.5 billion real estate investment trust acquisition.

  • October 07, 2026

    Tenn. Judge Tosses Developer's Data Centers Moratorium Suit

    A Tennessee federal judge has tossed a data center developer's challenge to a moratorium on data centers without prejudice, ruling in part that the suit is inconsistent when it comes to the type of property interest that the developer is asserting with its allegations.

  • October 07, 2026

    New Calif. Data Center Laws 'Should Not Make Anyone Leave'

    Data center developers in California need not fret about bills addressing digital infrastructure projects signed into law last month by Gov. Gavin Newsom, as the legislation doesn't change the state's existing permitting framework, a Cox Castle & Nicholson LLP real estate attorney said.

  • October 07, 2026

    Shaky Term Sheets Sank 1300 Desert's $33M Exit Loan

    A missing signature, inadequate evidence and uncertainty about follow-through thwarted a New Mexico industrial property's bid for $33 million in exit financing in its Chapter 11 case, a New York bankruptcy judge told the court in a bench opinion the debtor is now appealing and its owner is seeking to have reconsidered.

  • October 07, 2026

    Fried Frank-Led Conversant Wraps $845M Real Estate Fund

    Real estate-focused investment firm Conversant Capital LLC, advised by Fried Frank Shriver Harris & Jacobson LLP, revealed Wednesday it closed its inaugural private investment fund with $845 million in tow.

  • October 07, 2026

    McDermott-Led Activist Fund Buys Stake In Empire State REIT

    Activist investor Erez Asset Management, represented by McDermott Will & Schulte LLP, has acquired a $43 million, 5.8% stake in the company that owns the Empire State Building, which has seen its value fall recently amid fewer visitors to the building's observation deck.

  • October 07, 2026

    Rising Interest Rates, Tariffs May Benefit Older NYC Buildings

    Rising interest rates and tariffs are pushing up the cost of construction and slowing the pipeline of amenity-rich, Class A properties in New York. That could bode well for the city's older properties based on supply and demand, one of Hogan Lovells Cadwalader's real estate leaders recently told Law360.

  • October 07, 2026

    2 Firms Guide Tishman's Chrysler Building Lease, Rehab Plan

    Tishman Speyer said Wednesday that it has reached a deal with a private college for a long-term lease and $235 million restoration at the Chrysler Building in Manhattan with investors such as the Public Sector Pension Investment Board backing the project, guided by Sullivan & Cromwell LLP and Gibson Dunn & Crutcher LLP.

  • October 07, 2026

    Paul Hastings Guides $245M Manhattan Office Tower Sale

    An entity connected to L&L Holding Co. has sold a Manhattan office tower for $245 million to entities connected to L&L Infinite Real Estate Partners in a deal guided by Paul Hastings LLP, according to documents filed with the New York City Department of Finance.

  • October 06, 2026

    BDT & MSD To Buy Luxury Senior Housing Provider Sunrise

    In a move aimed at capitalizing on the current wave of aging baby boomers, Sunrise Senior Living announced Tuesday that funds affiliated with BDT & MSD Partners, a merchant bank with ties to computer pioneer Michael S. Dell, are acquiring the company in a partnership with Sunrise's senior leadership team led by CEO Jack R. Callison Jr.

  • October 06, 2026

    NC Biz Court Bulletin: Monopoly Suit Setback, Historic Deal

    The North Carolina Business Court rounded the corner into fall with a setback for residents in an antitrust class action, a historic settlement in "forever chemical" contamination litigation and a raft of new restrictive covenant complaints.

  • October 06, 2026

    Hess, Gunpowder Co. Resolve NJ Pollution Suits For $24M

    Hess and a former munitions manufacturer will collectively pay $24 million to resolve the state of New Jersey's natural resource damages claims over alleged contamination from operations spanning five industrial sites, state officials announced this week.

  • October 06, 2026

    Pension Funds Lead Securities Suit Over Zillow, Redfin Deal

    A Washington federal judge has appointed two pension funds as lead plaintiffs in a proposed securities class action filed over an allegedly anticompetitive Zillow Group Inc. and Redfin Corp. deal and has also appointed Keller Rohrback LLP and Robbins Geller Rudman & Dowd LLP as local and lead counsel, respectively.

Expert Analysis

  • Strategies For Retailers, Landlords In M&A Portfolio Reduction

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    With more retailers likely to merge or be acquired in 2026, both landlords and companies looking to renegotiate their real estate footprints can strike successful deals through advance planning, understanding rights allocations and maintaining realistic leverage assessment, say attorneys at Jenner & Block.

  • What Cos. Must Know About Pa.'s Proposed Data Center Regs

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    Under Pennsylvania Gov. Josh Shapiro's new proposal to balance hyperscale data center infrastructure with grid stability, water resources and community transparency, businesses in the state face a strategic choice: wait for binding requirements to emerge, or proactively align projects with the standards now, say Wade Stephens and Sasha Burton at Langsam Stevens.

  • Where Ceding Control In Joint Ventures Ups Developer Risks

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    With new data predicting liquidity will continue drying up in 2026, developers seeking relief via joint venture restructurings should understand how relinquishing an asset's control to a capital partner could have stark consequences, and where negotiations over governance and control triggers present the greatest legal and structural risks, say attorneys at Jenner & Block.

  • How SF Family Zoning Suit Could Stymie City, Builder Goals

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    A recent suit asserting that San Francisco should further study the environmental impact before permitting taller buildings with more family residences could disrupt the work of project developers and local government — and give pause to other cities rezoning to add housing capacity, says Phillip Babich at Reed Smith.

  • How Blockchain Could Streamline Real Estate Transactions

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    As U.S. real estate markets face pressure to adopt digital frameworks, blockchain technology offers a credible solution for consolidating execution, payment and recording into a single record, with a unified ledger potentially replacing fragmented processes with digitally authenticated events, say attorneys at King & Spalding.

  • Del. Dispatch: Workplace Sexual Misconduct Liability In Flux

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    Following the Delaware Court of Chancery's recent contradictory rulings in sexual misconduct cases involving eXp World, Credit Glory and McDonald's, it's now unclear when directors' or officers' fiduciary duties may be implicated in cases of their own or others' sexual misconduct against employees, say attorneys at Fried Frank.

  • CFIUS Initiative May Smooth Way For Some Foreign Investors

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    A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.

  • How AI Data Centers Are Elevating Development Risk In 2026

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    As thousands of artificial intelligence data center constructions continue to pop up across the U.S., such projects must be treated not as simple real estate developments, but as infrastructure programs where power, supply chains and technology integration all drive both schedule and risk, say attorneys at Cozen O’Connor.

  • Tips For Counsel As PE Eyes Data Center Facility Services

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    As private equity interest in specialized commercial facility services providers heightens, considerations for counsel and private equity investors run the gamut from contract transferability to facility compliance, say attorneys at Morgan Lewis.

  • CFIUS Must Adapt To Current Foreign Investment Realities

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    To continue protecting the U.S.’ long-term strategic and economic interests, the Committee on Foreign Investment in the United States should implement practical enhancements that leverage technology, expertise and clear communication, and enable it to keep pace with evolving demands, says attorney Sohan Dasgupta.

  • Breaking Down Expense Allocation In Mixed-Use Properties

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    Rapid increases in condominium fees and special assessments, driven by multiple factors such as rising insurance costs and expanded safety requirements, are contributing to increased litigation, so equitable expense allocation in mixed-use properties requires adherence to the governing documents, says Mike Walden at FTI Consulting.

  • What Fla. Trends Reveal About AI In Real Estate Development

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    Property developers can begin to understand how artificial intelligence tools are changing the real estate industry by studying Florida, where developers are using AI to speed vital processes, and AI disclosure and ethics requirements are proliferating, says Ben Mitchel at Shubin Law.

  • NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid

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    A New Jersey bankruptcy court's recent decision in New Rite Aid affirms that landlords can have "stub rent" treated as an administrative expense and highlights critical considerations for debtors, including the importance of deciding when and where to file for bankruptcy, say attorneys at Cleary.