Commercial

  • 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 Thursday 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 this 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.

  • April 29, 2026

    Vacasa Investors Sue Over Spurned $131M Merger Bid

    Vacation rental company Vacasa is facing a proposed class action in Oregon from stockholders after accepting an acquisition bid from Casago that was $12 million lower on its face than a rival offer from Davidson Kempner Capital Management.

Expert Analysis

  • Navigating The Perks Of Qualified Opportunity Zones 2.0

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    The second iteration of the qualified opportunity zone program, effective Jan. 1, 2027, will introduce new tax incentives for rural real estate development, but these benefits can only be realized if proper governance is a priority, including clear documentation and securities law compliance, says Coni Rathbone at VF Law.

  • When 'Qualified Transferees' Can Chill UCC Foreclosures

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    A recent New York state court decision in a closely watched real estate dispute in WWP Mezz LLC v. WWP Mezz Investment Co. is a reminder to lenders, and a warning to borrowers, of the Uniform Commercial Code foreclosure's immense power as a lender remedy, says Joshua Wurtzel at Schlam Stone.

  • AI Is Changing The Game For Lenders' Vendor Governance

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    Recent guidance from Freddie Mac and the Treasury Department reinforces that expectations surrounding AI oversight are beginning to shape how mortgage lenders operationalize vendor governance, which is emerging as a critical compliance challenge for the decade ahead, says Alexandra Temple at Mitchell Sandler.

  • Human Diligence Crucial As AI Raises Real Estate Fraud Risks

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    A recent title fraud warning from Florida officials demonstrates that artificial intelligence has lowered the barrier to committing complex property scams, forcing real estate industry stakeholders and attorneys to prioritize contextual review in transactions, says Neil Cohen at Barsh and Cohen.

  • 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.

  • 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.