Commercial
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January 15, 2026
Digital Infrastructure Biz Nets $240M For Data Center Expansion
Digital infrastructure company DC Blox obtained $240 million worth of holdco financing in order to support the company's plan to expand hyperscale data centers, the company announced Thursday.
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January 15, 2026
McGuire Woods Adds K&L Gates Energy Pro In Houston
McGuire Woods LLP has boosted its offerings to clients navigating infrastructure challenges related to the artificial intelligence boom and demand for data centers with a former K&L Gates partner in Houston who brings more than a decade of experience representing energy, infrastructure and data center developers, investors and lenders.
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January 15, 2026
Real Estate Lawyers On The Move
Nossaman, Winstead and Gordon Reese are among the law firms that have made recent real estate or construction hires.
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January 14, 2026
Judge Asks If Execs 'Blindsided' Truist With Mass Exodus
A North Carolina business judge on Wednesday repeatedly returned to whether three former executives who led Truist's real estate finance arm ever revealed to the bank that they were in "secret" talks to join a competitor and bring dozens of their colleagues with them, signaling he'd let a jury decide if the mass exodus is to blame for the business's alleged losses.
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January 14, 2026
Saks Sheds Dark Store Leases To Save Cash, Shrink Footprint
When the parent company of luxury department store chain Saks Fifth Avenue filed for bankruptcy protection Wednesday, it also moved immediately to reject 26 leases for stores that have already closed, setting the debtor on a path to a smaller footprint, freeing up cash and potentially heading off a protracted showdown with the affected landlords, experts told Law360.
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January 14, 2026
Feds Sue Calif. Over Ban On Drilling Near Schools, Homes
The U.S. government sued California on Wednesday over its law banning fossil fuel development activities within 3,200 feet of homes, schools and other sensitive areas, saying the state law is preempted by federal law since it infringes on the U.S. government's authority to manage federal lands and mineral resources.
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January 14, 2026
Marcus & Millichap Snags $94M NYC Office-To-Resi Financing
Marcus & Millichap has secured $93.5 million worth of construction financing for the office-to-residential conversion of a 13-story Manhattan mixed-use building, creating 188 new residential units, the brokerage firm announced on Wednesday.
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January 14, 2026
State Dept. Pauses Immigrant Visas For 75 Countries
The U.S. Department of State said Wednesday that it is indefinitely pausing immigrant visas for people from 75 countries who the agency said are likely to rely on government support and stress the public purse.
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January 14, 2026
Cross Ocean, CP Group Pay $96M For Florida Office Portfolio
Global asset management company Cross Ocean Partners Management LP and office property owner CP Group have paid $96 million to buy an eight-property central Florida office portfolio that takes up a total of 722,456 square feet, CP Group announced.
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January 14, 2026
NJ Legislature OKs Entertainment Renovation Tax Credit
New Jersey would allow certain sports and entertainment renovation projects to claim an income tax credit under an economic development program if a bill passes in the state Legislature.
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January 14, 2026
These Firms Guided 2025's Largest Global Real Estate Deals
Sidley and Greenberg Traurig are among more than a dozen law firms that assisted with the 10 largest global real estate mergers and acquisitions of 2025, a list that included five trades above the $5 billion mark.
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January 14, 2026
These Law Firms Guided 2025's Top Global Hospitality Deals
Sidley Austin, Fried Frank, Morris Nichols, HSF Kramer and Paul Weiss scored work on the largest global hospitality mergers and acquisition trade of 2025, with various other law firms helping with other deals above the $1 billion mark.
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January 14, 2026
Realty Income, GIC Form $1.5B Logistics Real Estate Venture
Real estate investment trust Realty Income Corp. and Singaporean government investment entity GIC have formed a more than $1.5 billion joint venture partnership that focuses on logistics real estate, the REIT announced.
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January 14, 2026
NY Gov. To Expedite Enviro Audits For Some Housing Projects
New York Gov. Kathy Hochul has announced plans to ease the state's environmental review process rules in an effort to fast-track housing development and enable other key infrastructure projects.
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January 14, 2026
Retailer Saks Global Hits Ch. 11 With Over $3B Debt
The parent company of luxury department store chain Saks Fifth Avenue filed for Chapter 11 protection Wednesday in a Texas bankruptcy court with $3.4 billion in funded debt, buckling under the strain of debt it used to fund its purchase of Neiman Marcus more than a year ago.
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January 13, 2026
CoStar, Quinn Emanuel Spar Over Litigation Representation
CoStar urged a California federal judge Tuesday to disqualify Quinn Emanuel Urquhart & Sullivan LLP from helping a rival commercial real estate platform pursue antitrust counterclaims in CoStar's copyright infringement suit, while the law firm moved to drop its representation of CoStar in separate litigation.
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January 13, 2026
NY Firm Challenges OFAC's $7M 'Death Sentence' Sanctions
A New York property management company has sued the Treasury's Office of Foreign Assets Control for imposing a "corporate death sentence" in the form of a more than $7 million fine over payments it received that were linked to a sanctioned Russian oligarch, arguing the fine is arbitrary and unjustifiable.
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January 13, 2026
PE Firm Says No Deal In $132M Denver Skyscraper Fight
A private equity firm Tuesday argued in state court that the claims against it from a real estate investment firm should be dismissed because the two parties never had a binding agreement in the $132 million commercial real estate deal of a downtown Denver skyscraper that led to competing lawsuits from both parties.
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January 13, 2026
How C-PACE Is Helping Fla. Developers Keep Foot On Pedal
In the opening days of 2026, South Florida's real estate market has shown signs of maintaining positive momentum on the development front as well as developers' growing affinity for commercial property-assessed clean energy financing.
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January 13, 2026
Seyfarth Guides $167M Recap Loan Deal For Hotel Portfolio
Real estate lender CIM Group has wrapped up a $167 million recapitalization loan package for a 15-property WoodSpring Suites hotel portfolio, in a deal guided by Seyfarth Shaw LLP, the lender announced.
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January 13, 2026
DLA Piper Can't Counsel Hudson Hotel In Ch. 11, Judge Says
A Delaware bankruptcy judge Tuesday rejected a bid by two bankrupt entities tied to the former Hudson Hotel to retain DLA Piper LLP as special counsel in their Chapter 11 case, saying the law firm's work for the entities' lender presented a conflict of interest.
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January 13, 2026
2 Firms Guide Blackstone's $475M Grocery Facility Investment
Blackstone Credit & Insurance said it will invest $475 million into the construction of Ahold Delhaize USA's new automated grocery distribution center in North Carolina through a triple net lease transaction, in a deal guided by A&O Shearman and Milbank.
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January 13, 2026
Changing Tech Is Data Centers' Problem For Another Day
Data centers have become the darling of the real estate industry, but there are still unanswered questions about how the technology will ultimately be monetized and what leasing and financing structures will emerge. Brent Gilfedder of King & Spalding LLP speaks with Law360 Real Estate Authority about the challenges of financing data centers and the potential risks of technological change.
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January 13, 2026
REITs Say $787M Merger's Proxy Info Not Misleading
Real estate investment trusts Ready Capital Corp. and Broadmark Realty Capital Inc. urged a Washington federal court on Tuesday to toss a proposed shareholder class action accusing the companies of misleading shareholders to get votes for their $787 million merger, arguing the relevant proxy materials fully informed shareholders about the deal before they voted.
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January 13, 2026
Developer Announces Plan For $6B Ark. Data Center Campus
Data center developer Avaio Digital Partners announced Monday that it plans to spend $6 billion on a campus near Little Rock, Arkansas, in a project that it said represents the biggest economic investment in state history.
Rescheduling Won't Ease Headaches For Cannabis Landlords
Smoking pot may soon become less legally perilous under federal law, but the risks of owning a marijuana farm or dispensary appear likely to remain, attorneys and experts say.
Tracking The Data Center Bonanza Happening Around The US
Work is underway around the country on billion-dollar data center projects that kicked off in 2025, as developers aim to build capacity and infrastructure to meet booming demand for artificial intelligence technology.
A Blockbuster Year For Data Centers
Booming demand drove an explosive year for growth in the data center sector in 2025, with deals getting larger, more multifaceted and more complex for legal teams to pull off.
Expert Analysis
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How Developers Can Harness New Texas Zoning Framework
A Texas law introducing a new zoning framework has the potential to unlock meaningful multifamily development opportunities, but developers and their project teams should follow four steps to help identify how affected cities are interpreting and implementing the new law, says Angela Hunt at Munsch Hardt.
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What To Know About NY's Drastic 3rd-Party Practice Changes
Last month, New York Gov. Kathy Hochul signed a law establishing new time limits for the commencement of third-party actions, which will have dramatic effects on insurance defense practice, particularly cases involving construction site accidents or claims of premises liability, says Shawn Schatzle at Lewis Brisbois.
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Expect A New Normal In Commercial Real Estate This Year
Even amid office vacancies and a wave of loan maturities, the commercial real estate market isn't as volatile as one might expect heading into 2026, but market stress is still uniquely intersecting with broader business challenges, creating new opportunities for corporate counsel and other practitioners beyond real estate, says Mark Bell at Stinson.
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For Data Centers, Both Hyperscale And Edge Are Key In 2026
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.
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5 Lender Strategies When A Commercial Borrower Defaults
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.
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How Workforce, Tech Will Affect 2026 Construction Landscape
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.
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Receivership Law May Streamline Real Estate Sales In Illinois
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.
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How Choice Of Law Won The Day In NC Biz Court COVID Case
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.
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The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations
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.
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California Vapor Intrusion Policy Should Focus On Site Risks
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.
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What To Watch As NY LLC Transparency Act Is Stuck In Limbo
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.
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Power Market Reforms Push Data Center Lease Rates Higher
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.
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Courts Stay Consistent In 'Period Of Restoration' Rulings
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.