Commercial

  • August 19, 2026

    P&G Buys Back Boston Site For Nearly $1B HQ Project

    Proctor & Gamble paid $99.3 million to buy back a waterfront Boston site sold to Breakthrough Properties in 2021 after the developer secured approval to build a nearly $1 billion campus for razor maker Gillette, according to an announcement Wednesday.

  • August 19, 2026

    Kirkland Guides Machine's $350M Distressed Real Estate Fund

    Machine Investment Group LP, advised by Kirkland & Ellis LLP, has capped its second fund targeting distressed real estate opportunities at $350 million, the investment firm announced Wednesday.

  • August 19, 2026

    Mass. Top Court Clears Path For $325M Pro Soccer Stadium

    Massachusetts' highest court on Wednesday cleared the way for construction to continue on a $325 million women's professional soccer stadium on a parcel within Boston's historic Franklin Park, finding that the project is not subject to a state law protecting parkland from development.

  • August 19, 2026

    Ex-Loeb & Loeb RE Pro Joins Greenberg Traurig In NYC

    Greenberg Traurig LLP has hired former Loeb & Loeb LLP real estate partner Brian L. Helweil as a shareholder for its global real estate practice team in New York City, the firm has announced.

  • August 19, 2026

    Moore & Van Allen Sets DC Opening, Adds Gov't Contracts Pro

    Moore & Van Allen PLLC announced Wednesday it is establishing a new office in Washington, D.C., the firm's second outside the Carolinas, which is planned to open near Farragut Square in October.

  • August 18, 2026

    Contractor Wants $4.5M In Alleged Unpaid Philly School Bills

    The School District of Philadelphia owes a contractor $4.5 million for changes made to the original plans in three school construction and renovation projects caused by unforeseen problems and cost increases, claims a lawsuit filed in the city's court system.

  • August 18, 2026

    7th Circ. Rejects Ex-Cushman GC's Defamation Revival Bid

    Cushman & Wakefield's former general counsel cannot pursue an Illinois defamation claim over a Law.com article and subsequent revision he claims improperly linked his departure to subpoena deadline mismanagement in a Trump Organization property tax probe, the Seventh Circuit said Tuesday.

  • August 18, 2026

    Construction Co. Says It Is Owed $4M On Hotel Project

    The design-builder on a Denver hotel and luxury apartment building told a Colorado state court Monday that the owner of the property is refusing to pay more than $4 million owed for work on the project, according to the complaint.

  • August 18, 2026

    Summer Camps' Owner Facing Liquidation, Claims Top $882M

    Michael Shabsels, one of the brothers who were in charge of a summer camp and real estate empire before it crashed in June, has two weeks to file financial information in his own Chapter 11 case or else face conversion to a Chapter 7 liquidation.

  • August 18, 2026

    Fla. Judge Wants More Public Info In SEC's PE Fraud Suit

    A Florida federal judge on Tuesday declined to grant the U.S. Securities and Exchange Commission's request to unseal court-appointed monitor reports of a private equity firm accused of fraud in a $1 billion fund, but said some information wasn't privileged and allowed the government to list what should be public.

  • August 18, 2026

    Pennsylvania Now Requires Local Approval For Data Centers

    Pennsylvania Gov. Josh Shapiro said Tuesday he has signed an executive order imposing additional requirements on developers seeking to build data centers in the state, including a mandate that projects must obtain approval by local municipalities before the state will allow them to advance.

  • August 18, 2026

    Goldman Buying LCN In Up To $410M Deal Steered By 3 Firms

    Goldman Sachs said Tuesday that it has agreed to acquire LCN Capital Partners, a real estate investment manager focused on sale-leaseback and net lease transactions, for approximately $260 million upfront and up to another $150 million in deferred and contingent consideration.

  • August 18, 2026

    Judge Rejects Bid To Stop Plan To Fully Paint EEOB

    A federal judge has denied a preservationist law firm's request for a preliminary injunction in its bid to stop the Trump administration from fully painting over a historic granite office building near the White House.

  • August 18, 2026

    CBRE Says Apartment Demand Outpaced New Supply In Q2

    Commercial broker CBRE in a recent report found demand for apartments continued to grow in the second quarter while construction of new multifamily properties continued a slowdown, in a sign of an improving market for property owners.

  • August 18, 2026

    2 Cos. Claim Mich. City's Data Center Moratorium Is Unlawful

    Two companies have accused the Michigan city of Gibraltar of enforcing "an unlawful moratorium" that is preventing them from converting a steel processing plant into a data center.

  • August 18, 2026

    CEO Says Ex-NJ AG Not Entitled To Immunity From Claims

    A CEO of a development company said his lawsuit over a dismissed criminal racketeering case against him and New Jersey power broker George E. Norcross III should survive former state Attorney General Matt Platkin's dismissal bid, arguing that Platkin, once the state's chief prosecutor, is not entitled to any immunity.

  • August 18, 2026

    US Law Firm Leasing Surges To Strongest Quarter In 8 Years

    U.S. law firms inked 4.3 million square feet of lease deals in the second quarter, the strongest quarter in at least eight years, according to a report out Tuesday from brokerage firm Savills.

  • August 18, 2026

    LA Pot Partnership Deal Void, Calif. Appeals Court Says

    A California state appeals court has affirmed a lower court's determination that a partnership agreement tied to a group of medical marijuana dispensaries could not be enforced because it called for operations that violated a Los Angeles city ordinance.

  • August 18, 2026

    Maynard Nexsen Grows Its Atlanta Office A Year After Launch

    Maynard Nexsen PC is growing its Atlanta office a year after it moved into the city by merging with a real estate firm, an expansion that comes after the firm has grown its presence in Atlanta from eight attorneys to more than 20 and added expertise in six practice groups.

  • August 18, 2026

    Fla. Jury Sides With Condo Owner In Marco Beach TM Trial

    A Florida federal jury has sided with a Marco Island condominium owner and his rental businesses in a trademark lawsuit brought by the developer behind the Marco Beach Ocean Resort, finding they did not infringe the resort's name or crest logo or engage in unfair competition.

  • August 18, 2026

    Rexford Inks $1.2B Sale Of 22 Industrial Properties

    Rexford Industrial Realty Inc. plans to sell a portfolio of 22 industrial properties throughout Southern California to an EQT affiliate for about $1.2 billion, the real estate investment trust announced Tuesday.

  • August 17, 2026

    FBI HQ Switch Exceeds Statutory Authority, Md. Judge Rules

    A Maryland federal judge on Monday blocked the Trump administration from walking back on plans to build a new FBI headquarters in the state, saying the administration's bid to switch the headquarters project to Washington, D.C., flouted statutory directives.

  • August 17, 2026

    Calif. Tribe Challenges Feds' Gaming Approval Reversal

    A California tribe is asking a federal judge in Washington, D.C., to block the U.S. Department of the Interior's decision last month to undo its approval of the tribe's 160-acre gaming facility project, arguing the latest order was independently unlawful because the government did not give a reasoned explanation for the reversal.

  • August 17, 2026

    Kirkland, Ropes & Gray Steer Brookfield-SWI's $694M Resi JV

    Ropes & Gray LLP and Kirkland & Ellis LLP advised as Varia US, owned by Switzerland's SWI Group, formed a nearly $700 million joint venture with Brookfield Asset Management to recapitalize 13 of its 17 U.S. multifamily properties in a portfolio refresh. 

  • August 17, 2026

    EQT Real Estate Closes Midwest Logistics Portfolio Sale

    One of EQT Real Estate's funds has sold a 4.4 million-square-foot logistics portfolio consisting of 20 Midwest properties in Ohio, Missouri and Kentucky, the private equity firm announced Monday.

Expert Analysis

  • How Developers Can Harness New Texas Zoning Framework

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    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.

  • What To Know About NY's Drastic 3rd-Party Practice Changes

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    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.

  • Expect A New Normal In Commercial Real Estate This Year

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    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.

  • For Data Centers, Both Hyperscale And Edge Are Key In 2026

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    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.

  • 5 Lender Strategies When A Commercial Borrower Defaults

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    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.

  • How Workforce, Tech Will Affect 2026 Construction Landscape

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    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.

  • Receivership Law May Streamline Real Estate Sales In Illinois

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    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.

  • How Choice Of Law Won The Day In NC Biz Court COVID Case

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    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.

  • The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

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    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.

  • California Vapor Intrusion Policy Should Focus On Site Risks

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    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.

  • What To Watch As NY LLC Transparency Act Is Stuck In Limbo

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    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.

  • Power Market Reforms Push Data Center Lease Rates Higher

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    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.

  • Courts Stay Consistent In 'Period Of Restoration' Rulings

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    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.