Commercial

  • March 10, 2026

    JPM's Construction Debt Soars As Wells Has A Major Pullback

    JPMorgan's construction debt on the books rose by a whopping $1.5 billion in the fourth quarter of 2025 while Wells Fargo pared its construction loans by that same amount, marking divergent major moves on holdings of risky debt by the nation's two top bank construction lenders.

  • March 10, 2026

    FBT Gibbons Adds Ex-McCarter & English Real Estate Atty

    FBT Gibbons LLP announced that an experienced Philadelphia-based real estate attorney joined the firm as a partner from McCarter & English LLP as part of its continued growth in East Coast markets.

  • March 09, 2026

    Alexander's Announces $235M Queens Shopping Center Sale

    Alexander's Inc. will sell a vacant 338,000-square-foot Queens, New York, shopping center to healthcare provider Northwell Health Inc. for $235 million, the real estate investment trust announced on March 9.

  • March 09, 2026

    Chicago Hotel Operator Files Ch. 11 With $147M Debt

    The owner of two Chicago hotels has filed for Chapter 11 protection in Delaware bankruptcy court with $146.7 million in mortgage debt, saying it's at an impasse with its senior lenders.

  • March 09, 2026

    AI Startup Nscale Hits $14.6B Valuation, Backed By Nvidia

    Artificial intelligence hyperscaler Nscale on Monday revealed it had reached a $14.6 billion valuation after closing a Series C funding round with $2 billion in tow, supported by Nvidia, Lenovo and others.

  • March 09, 2026

    Arnold & Porter Hires RE, IP Attys For West Coast Offices

    Arnold & Porter hired an experienced real estate finance attorney and a veteran IP attorney for partner and counsel roles in its Seattle and San Francisco offices respectively, the firm announced Monday.

  • March 09, 2026

    NM Extends Property Tax Exemption Time For Redevelopment

    New Mexico extended a property tax exemption period for eligible redevelopment projects under a bill signed by the governor.

  • March 09, 2026

    Ind. Requires Taxpayers' OK For Property Assessors' Entry

    Indiana property assessors will need taxpayer permission to enter properties for inspection under a bill signed by the governor.

  • March 06, 2026

    Louisiana Atty Sanctioned Over AI Hallucinations In Filing

    A Louisiana attorney was fined $1,000 Thursday for his use of artificial intelligence in drafting an error-riddled brief, while three co-counsel were spared penalty.

  • March 06, 2026

    Taxation With Representation: Slaughter And May, Kirkland

    In this week's Taxation With Representation, British insurer Beazley accepts a cash takeover offer from Zurich Insurance Group, a consortium of investors led by Blackrock's Global Infrastructure Partners and the EQT Infrastructure VI fund buys energy company AES, and private equity firm Thoma Bravo acquires third-party logistics provider WWEX.

  • March 06, 2026

    Gov't Settles Affordable Housing Dispute With NY Village

    The federal government has agreed to settle its affordable housing suit against a New York village that was accused alongside a local county of failing to comply with a 2018 agreement that required the village and the county to build or rehabilitate 62 affordable housing units within seven years.

  • March 06, 2026

    Longtime GC At Marriott Vacations Worldwide To Step Down

    Marriott Vacations Worldwide Corp. announced Friday that the company's longtime general counsel will soon step down, more than three decades after beginning his in-house legal career at Marriott International Inc.

  • March 05, 2026

    Miami Developer Can't Avoid Lender's $290M Foreclosure Suit

    Developer Royal Palm Companies was dealt a blow in its bid to stave off a foreclosure suit over a $290 million loan backing a high-rise project in Miami when a state court recently tossed its counterclaim alleging a conspiracy by the lender.

  • March 05, 2026

    SoCal Industrial, Office-To-Resi Projects Get $74M In Loans

    Commercial real estate debt manager Thorofare Capital said it extended $74.2 million in loans to an industrial refinancing in Anaheim, California, and an office-to-multifamily conversion in Los Angeles.

  • March 05, 2026

    EU Approves KKR, PAG's $3B Sapporo Property Biz Buy

    The European Commission has approved global investment firm KKR & Co. Inc. and private asset manager PAG's $3 billion acquisition of Sapporo Holdings Ltd.'s real estate business.

  • March 05, 2026

    HighBrook Raises $266M For Data Center Fund

    HighBrook Investors announced Wednesday that the firm has closed its inaugural data center fund after raising $266 million from existing and new investors, noting that the fund is already fully committed.

  • March 05, 2026

    Senior Living, Nursing Platform Sage Raises $65M In Series C

    Senior living and skilled nursing platform company Sage said it has raised $65 million in a Series C equity round to help roll out new artificial intelligence-based resident safety tools, among other improvements.

  • March 05, 2026

    PE Firms Offer Starwood REIT Shareholders Cashout Discount

    Private equity firms Saba Capital and Cox Capital has offered to buy out shareholders willing to take a discount as nonpublic Starwood Real Estate Income Trust faces a more than $2 billion backlog in redemption requests.

  • March 05, 2026

    Minn. Court Barely Changes $108M Office Building Valuation

    A Minnesota office building was slightly overvalued, the state tax court ruled, agreeing in part with the property owners' income approach and finding that the building's free market value was $108 million.

  • March 05, 2026

    Galvanize Caps $370M Fund To Decarbonize Real Estate

    Galvanize raised $370 million for a fund to invest in undercapitalized commercial buildings in the U.S. and modernize them with energy efficiency upgrades, the company said.

  • March 05, 2026

    Big Sky Buys Over $100M Of Texas Healthcare Real Estate

    Big Sky Asset Management LLC has acquired a five-property, 196,000-square-foot portfolio of Texas healthcare properties for more than $100 million in transactions over the past 90 days, the real estate investment firm announced.

  • March 05, 2026

    SpaceX Taps Citigroup For Planned IPO, Plus More Rumors

    SpaceX has added Citigroup to its lineup of banks leading its planned blockbuster initial public offering, Thrive Capital and Andreessen Horowitz are co-leading an investment in defense company Andural Industries that could value it at $60 billion, and Indian payments platform PhonePe is preparing plans for an initial public offering that would value it at $10.5 billion.

  • March 05, 2026

    Simpson Thacher Hires Capital Markets Partner From Dechert

    Simpson Thacher & Bartlett LLP said it has hired a New York-based partner who will focus on securitizations in its capital markets practice.

  • March 05, 2026

    Six Flags Selling 7 Parks To Kansas City REIT In $342M Deal

    Kansas City-based real estate investment trust EPR Properties as agreed to make its largest acquisition in six years with a $342 million purchase of seven regional amusement parks from Six Flags Entertainment Corp.

  • March 04, 2026

    Cushman & Wakefield Ignored 401(k) Climate Risks, Suit Says

    Cushman & Wakefield mismanaged its employee retirement plan by ignoring "glaring red flags" in its selection of an underperforming fund that exposed investors to climate-related risks, according to what the plaintiff's counsel called a "first-of-its-kind" class action that accuses the commercial estate firm of violating the Employee Retirement Income Security Act.

Expert Analysis

  • There's No Crying In Property Valuation Baseball Arbitration

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    The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes — in which each side offers competing valuations to an arbitrator, who must select one — is often ideal for resolving property valuation disputes, say Sean O’Donnell at Herrick Feinstein and Mark Dunec at FTI Consulting.

  • Webuild Ruling Complicates Arb. Award Enforcement In US

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    A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.

  • How To Avoid A Costly CPA Limitation Hidden In Most Leases

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    The lease audit rights clause is a seemingly innocuous provision in most commercial real estate leases that ends up costing tenants millions of dollars each year, as they have unwittingly agreed to retain only an accountant to investigate and settle financial issues, says Jason Aster at KBA Lease Services.

  • Navigating FEMA Grant Program For Slope Fixes After Storms

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    In the aftermath of Hurricanes Helene and Milton, it is critical for governments, businesses and individuals to understand the legal requirements of the Federal Emergency Management Agency's grant programs to obtain funding for crucial repairs — including restoration of damaged infrastructure caused by landslides and slope failures, says Charles Schexnaildre at Baker Donelson.

  • Smith's New Trump Indictment Is Case Study In Superseding

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    Special counsel Jack Smith’s recently revised Jan. 6 charges against former President Donald Trump provide lessons for prosecutors on how to effectively draft superseding indictments in order to buttress or streamline their case, as necessary, says Jessica Roth at Cardozo Law School.

  • Consider Best Legal Practices For Commissioning Public Art

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    Commissioning public art for real estate projects can provide many benefits to real estate developers and the public, but it's important to understand the unique legal and contracting aspects of the process to ensure that projects are completed on time and on budget, says Sarah Conley Odenkirk at ArtConverge.

  • Applying High Court's Domestic Corruption Rulings To FCPA

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    After the U.S. Supreme Court narrowed the domestic corruption statutes in three decisions over the past year and a half, it’s worth evaluating whether these rulings may have an impact on Foreign Corrupt Practices Act enforcement, and if attorneys can use the court’s reasoning in international bribery cases, says James Koukios at MoFo.

  • Climate Among Many Factors Driving Up RE Insurance Costs

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    A proactive approach to risk management may determine the viability of the U.S. commercial real estate sector as weather crises and other factors drive insurance costs higher, says Ulrick Matsunaga at Crosbie Gliner.

  • Bid Protest Spotlight: Debriefings, Timeliness, Documentation

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    ​James Tucker at MoFo examines three recent decisions from the Federal Circuit, the U.S. Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.

  • A Look At Recent Case Law On Expedited Judgment In NY

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    A number of recent New York state court decisions clarify and refine the contours surrounding Civil Practice Law and Rule 3213, providing landlords, lenders and other payees guidance on how to seek accelerated judgment in certain litigation, says Alexander Lycoyannis at Holland & Knight.

  • Dealmaker Lessons From CFIUS' New Enforcement Webpage

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    The Committee on Foreign Investment in the United States’ recently launched webpage, which details the actions — and inactions — that led to enforcement activity, provides important insights for dealmakers about filing requirements, mitigation commitments and the cost of noncompliance, say attorneys at Dechert.

  • Reassessing Lease Provisions To Account For ESG Initiatives

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    As companies seek to build ESG considerations into their businesses, it's crucial to understand how such initiatives can quickly become significant enough to compel reassessment of lease agreement provisions, and how best to modify leases accordingly, say Julian Freeman and Gabe Pitassi at Cox Castle.

  • Avoid Getting Burned By Agencies' Solar Financing Spotlight

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    Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.