Commercial
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March 20, 2026
Developer Sues GSA Over Hartford Courthouse Records
A Connecticut real estate company is suing the U.S. General Services Administration, claiming that the agency failed to produce documents connected to the government's site selection for a new federal courthouse in Hartford and ignored its Freedom of Information Act request.
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March 20, 2026
Liberty Mutual Unit Must Defend Hotel Co. In Trafficking Suits
A Liberty Mutual unit must defend Red Roof Inn in 11 suits claiming that the hotel chain financially benefited from human trafficking, an Ohio federal court ruled, saying the claims constitute an occurrence for the purposes of bodily injury and property damage liability coverage.
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March 20, 2026
3 Firms Pilot Senior Housing REIT Janus Living's $840M IPO
Janus Living Inc., a senior housing real estate investment trust spun out of Healthpeak Properties, began publicly trading Friday after pricing an upsized $840 million initial public offering guided by Latham & Watkins LLP, Sidley Austin LLP and Ballard Spahr LLP.
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March 20, 2026
Taxation With Representation: Clifford Chance, Davis Polk
In this Week's Taxation With Representation, Public Storage acquires National Storage Affiliates Trust, 3M teams up with Bain Capital to buy Madison Fire & Rescue, and Mastercard acquires stablecoin infrastructure firm BVNK.
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March 20, 2026
Realty Income, Apollo Target Single-Tenant Retail In $1B JV
Under a joint venture, private equity firm Apollo Global Management has agreed to invest $1 billion with real estate investment trust Realty Income Corp. to acquire a portfolio of single-tenant retail properties subject to long-term leases.
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March 20, 2026
Covington Steers Ecolab On $4.75B Data Center Cooling Deal
Ecolab said Friday it has agreed to acquire CoolIT Systems, a company focused on liquid cooling technology for artificial intelligence data centers, from private equity firm KKR for approximately $4.75 billion, with Covington & Burling LLP advising Ecolab on the deal.
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March 20, 2026
Prologis' Rookie CLO Earned Nearly $5M In 2025
The chief legal officer of real estate investment trust Prologis Inc. earned total compensation of nearly $5 million in her first year on the job, according to a March 19 securities filing.
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March 19, 2026
New Polluter Pay Bills Center AG Action On Insurance Costs
Recent bills would give attorneys general in three states more power to sue fossil fuel companies over climate change-related insurance costs. Such lawsuits would likely face challenges.
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March 19, 2026
Calif. Resort Developer SilverRock Files Ch. 11 Plan
The developer of a California resort project has proposed a new Chapter 11 plan and disclosure statement in Delaware bankruptcy court, seeking permission to solicit votes on a plan that will likely impair most secured creditors.
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March 19, 2026
Secret's Out: Microsoft To Discontinue Data Center NDAs
Microsoft will no longer use nondisclosure agreements for new data centers and is in the process of terminating its active NDAs globally, the company said.
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March 19, 2026
Prologis, GIC Ink $1.6B Build-To-Suit Logistics JV
Logistics real estate leader Prologis and investor GIC announced that they have formed a $1.6 billion joint venture to develop and own build-to-suit logistics facilities across major U.S. markets.
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March 19, 2026
Merger Expands PE JV's Marina Portfolio Across Fla.
A joint venture of Dallas, Texas-based Suntex Marina Investors and private equity firm Centerbridge Partners announced a merger with a portfolio of 13 marinas held by Florida-based owner Windward.
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March 18, 2026
States Push To Rein In Data Centers Via Bans, Restrictions
Lawmakers across the country are weighing a gamut of rules for data center projects amid concerns about their use of resources and impacts on consumer electricity bills, including mulling temporary bans on development and repeals of tax breaks in states with big markets.
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March 18, 2026
Fed Keeps Rates Steady, To Dismay Of Most In Real Estate
The Federal Reserve on Wednesday voted to keep interest rates steady, dashing any hope the real estate market had for a reduction in interest rates to bring down the cost of borrowing, boost prices and drive transactions.
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March 18, 2026
Chancery Keeps Philly Developer In Control Of Bourse Project
The Delaware Chancery Court on Wednesday kept a Philadelphia developer in control of a high-profile redevelopment of the historic Bourse building, ruling that the company should remain in charge while a fast-moving dispute over its alleged ouster is litigated.
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March 18, 2026
Ill. Panel Suggests Suspension Of Atty Over Fraud
An Illinois attorney disciplinary panel has recommended a five-month suspension for a southern Illinois criminal defense lawyer after finding that he knowingly participated in fraudulent real estate loan transactions and helped another attorney carry out the scheme.
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March 18, 2026
Fla. Lawmakers Expanded Housing Efforts In Slow Session
At a time when housing affordability is a major concern among constituents, Florida state lawmakers produced mixed results in the realm of real estate during their 2026 session, taking some significant actions but also not reaching consensus on numerous proposals, including the most prominent — property tax reform.
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March 18, 2026
SL Green Sells FiDi Apartments To REIT For $223M
Office landlord SL Green Realty Corp. said it has agreed to sell the residential and retail components of its 7 Dey St. property in Manhattan's Financial District to Go Residential Real Estate Investment Trust for $222.6 million.
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March 18, 2026
Idaho Expands Short-Term Rental Tax Obligations
Idaho short-term and vacation rental property owners must adhere to local tax rules for rental marketplaces even if they don't do business through a marketplace under a bill signed by the governor.
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March 18, 2026
Report: Data Centers Loom Large, But Investors Are Cautious
Investor optimism for commercial real estate remains high in 2026 and data centers are seen as having the biggest impact on the market this year, although investors are cautious about doing new deals, according to a Seyfarth Shaw LLP survey out this week.
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March 18, 2026
Holland & Knight Pro Eyes Data Center Moratorium Bills
New York lawmakers are looking to buy time to prepare for data centers with a moratorium bill introduced in the state legislature last month, but even a brief pause may push development to other states or other countries, said a Holland & Knight LLP land use partner.
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March 18, 2026
2 Firms Lead Audax's Buy Of Property Management Co. AKAM
Troutman Pepper Locke LLP and Ropes & Gray LLP advised on a recent deal that saw Audax Private Equity acquire AKAM — a property management and real estate firm serving condominiums, cooperatives and homeowner associations — from private equity firm Nautic Partners.
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March 18, 2026
Meta Inks 10-Year Lease For Vornado NYC Townhouse
Meta has signed a 10-year lease for a New York City townhouse where the company plans to open a flagship Manhattan retail location, landlord Vornado Realty Trust announced Wednesday.
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March 18, 2026
Del. Allows County Subpoena Of Witnesses For Assessments
Delaware authorized its counties to subpoena witnesses and evidence under certain conditions in disputes over nonresidential real property's assessed value as part of a bill signed by the governor.
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March 17, 2026
Judge Blasts Admin For Shifting White House Project Claims
A D.C. federal judge blasted top administration attorneys Tuesday for "shifting theories" of authority for the White House's East Wing ballroom project, saying the administration was likely looking for "an escape hatch" to avoid an injunction and promised to try to rule before above-ground work begins next month.
Expert Analysis
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Assessing Strategies For Mixed-Use Pro Sports Projects
Counsel managing mixed-use sports and entertainment districts must combine expertise ranging from stadium-arena finance to municipal law to public relations into a unified strategy, and a series of practice tips can aid project management from inception to completion, say attorneys at Katten.
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4 Questions For Insureds To Overcome Flood Exclusions
In a year of record flash flooding in the U.S., affected policyholders, who may assume that their policy's flood exclusion precludes recovery for losses, should look to the many factually and legally nuanced cases presenting pathways to coverage, says Micah Skidmore at Haynes Boone.
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Opportunity Zone Overhaul Is Good News For Investors
Recently enacted reforms making the qualified opportunity zone program permanent, restoring the basis step-up for capital gains and adding flexibility to the zone designation process enhance the program’s appeal for long-term investment, says Steven Hadjilogiou at McDermott.
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Texas High Court Decision Could Reshape Contract Damages
The Texas Supreme Court recently held that an order of specific performance for a real property transaction doesn't preclude a damage award, establishing a damages test for this scenario while placing the onus on lower courts to correctly determine the proper remedies and quantum of damages, say attorneys at Fried Frank.
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A Guide To Army Corps Appeals As Wetlands Definition Shifts
Two years after the Supreme Court's Sackett decision, the definition of federal wetlands is about to change again, making it an apt time to review the process by which developers can appeal an Army Corps of Engineers jurisdictional determination, says Bryan Peeples at Pender & Coward.
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Navigating The Complexities Of NYC Waterfront Development
More than a dozen city, state and federal agencies share oversight of New York City's waterfront, presenting developers and their counsel with both challenges and opportunities to shape the regional and national economy, say attorneys at HSF Kramer.
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New NY Residential Real Estate Rules May Be Overbroad
New legislation imposing a 90-day-waiting period and tax deduction restrictions on certain New York real estate investors may have broad effects and unintended consequences, creating impediments for a wide range of corporate and other transactions, says Libin Zhang at Fried Frank.
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11 Essential Questions When Reviewing Hurricane Insurance
As we approach peak hurricane season, business owners must understand critical coverage elements, policy limitations and claim procedures of their commercial property hurricane insurance policies to protect their operations effectively, says Carlton Wilde at Bracewell LLP.
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6 Questions We Should Ask About The Trump Trade Deals
Whenever the text becomes available, certain questions will help determine whether the Trump administration’s trade deals with U.S. trading partners have been crafted to form durable economic relationships, or ephemeral ties likely to break upon interpretive disagreement or a change in political will, says Ted Posner at Baker Botts.
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Utilizing Rep And Warranties Insurance In CRE Transactions
With insurance and commercial real estate legal trends suggesting that representations and warranties insurance is likely to grow substantially in the next several years, CRE buyers and sellers should learn how such insurance can help resolve conflicting positions during transaction negotiations, say attorneys at Troutman.
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Recent Decisions Caution Against Broad Indemnity Provisions
Two recent decisions in disparate jurisdictions are reminders that businesses and practitioners should be mindful of contractual indemnity rights and draft indemnity provisions that enhance the predictability of enforceability without being overly broad, says Gregory Jaske at Olshan Frome.
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How Real Estate Funds Can Leverage Del. Statutory Trusts
Over the last two years, traditional real estate fund sponsors have begun to more frequently adopt Delaware Statutory Trust programs, which can help diversify capital-raising strategies and access to new sources of capital, among other benefits, say attorneys at Polsinelli.
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What 9th Circ. Ruling Shows About Rebutting SEC Comments
The Ninth Circuit's June opinion in Pino v. Cardone Capital suggests that a company's lack of pushback to a U.S. Securities and Exchange Commission comment may be evidence of its state of mind for evaluating potential liability, meaning companies should consider including additional disclosure in SEC response letters, say attorneys at Barnes & Thornburg.