Commercial

  • June 22, 2026

    Md. Voters Can't Weigh In On Data Center Zone, Judge Rules

    Voters in Frederick County, Maryland, will not be able to have a say on a data center development zone, a state judge ruled in an order docketed Monday, agreeing with developers that under the county's charter, an ordinance is not a law subject to referendum.

  • June 22, 2026

    Ex-CEO Says Credit Union Can't Seek $80K For Business Unit

    The ex-CEO of Sound Federal Credit Union asked a Connecticut state judge on Monday to dismiss portions of the credit union's two counterclaims asking him to return $80,000 for services he didn't perform because he was fired, saying it was not the correct party to bring such counterclaims.

  • June 22, 2026

    NYC Real Estate Week In Review

    Jeffrey Zwick & Associates PC and Romer Debbas LLP are among the law firms that helped out with the largest New York City real estate trades that hit public records last week, with a nine-figure Manhattan transaction topping the list.

  • June 22, 2026

    Allen Matkins Hires Ex-Kasowitz Litigator In New York

    Allen Matkins Leck Gamble Mallory & Natsis LLP has hired a former litigation partner at Kasowitz LLP for its New York office, continuing an expansion this year for the firm's East Coast outpost.

  • June 22, 2026

    6th Circ. Ties Pot Biz Delays To Bureaucracy, Not A Violation

    The Sixth Circuit has thrown out a real estate developer's suit against the city of Pontiac, Michigan, and its clerk alleging they violated constitutional rights by delaying approvals of a proposed cannabis operation until it was no longer viable, saying the delays were an instance of discretionary actions in bureaucracy, not constitutional violations.

  • June 22, 2026

    3 Firms Advise On CRH's $8.5B Arcosa Acquisition Deal

    Building materials supplier CRH said Monday that it will acquire infrastructure products maker Arcosa in an all-cash deal valued at about $8.5 billion, with three law firms advising.

  • June 22, 2026

    RI Allows Late Tax Interest Waivers For Commercial Property

    Rhode Island authorized the waiver of interest on overdue taxes for commercial properties under a bill signed by the governor.

  • June 18, 2026

    Bass Pro Shops Buys Historic Fla. Keys Fishing Resort

    Bass Pro Shops has purchased a 27-acre, 243-room historic oceanfront resort in the Florida Keys village of Islamorada, the outdoors gear company announced.

  • June 18, 2026

    IRS Sets Transitional Rules For Opportunity Zone Perks

    The IRS has released transitional guidance for tax benefits tied to opportunity zone investments, providing rules such as when to defer the tax on the capital gains, while the agency works on formal proposed regulations aligning with the 2025 budget law's changes to the incentives.

  • June 18, 2026

    NC Legislators OK 90% Property Tax Break For Builders

    North Carolina would allow local governments to create specialized districts and provide significant tax exclusions for developers to incentivize new property improvements under a bill now on the governor's desk.

  • June 18, 2026

    Delta Seeks To Toss Cuba Property Trafficking Suit

    Delta Air Lines asked a Florida federal court on Thursday to dismiss a lawsuit accusing the airline of trafficking in stolen property by operating from a Havana airport seized by the Cuban government, telling the court that the man claiming ownership of the airport acquired his claim too late.

  • June 18, 2026

    Brookfield Announces $650M Construction Biz Sale

    Brookfield Business Corp. will sell off its Australian construction business Multiplex to Obayashi Corp., a Japanese construction company, in a $650 million deal, Brookfield has announced.

  • June 18, 2026

    REIT Workspace Weighs Saba's Critical Shareholder Letter

    Workspace Group PLC said Thursday that it is reviewing a proposal from activist investor Saba Capital to overhaul the REIT's boardroom and adopt a new plan centered on the sale of assets and share buybacks.

  • June 17, 2026

    SIMAD Can Tap Cash To Open Summer Camps In Ch. 11

    SIMAD Holdings Ltd. won court permission on Wednesday to use some of its available $15.6 million of cash on hand as it races to open the 30 children's summer camps it owns for the season, after a freefall bankruptcy filing earlier this month left in doubt the fate of more than 20,000 campers.

  • June 17, 2026

    Sidley Plans Chicago Office Tower Move

    Sidley Austin LLP is planning to move its Chicago office to the upcoming 45-story, 1 million-square-foot office tower in the city's Fulton Market neighborhood, the firm announced.

  • June 17, 2026

    Warsh Debut Heralds Change For Fed, Not Rates

    In his first meeting since confirmation as Federal Reserve chair, Kevin Warsh announced a number of changes and initiatives on Wednesday that could impact real estate transactions.

  • June 17, 2026

    NC Biz Court Narrows Fight Over Flopped Development Deal

    A private lender and its top brass have shaved a host of claims from a dispute with the part-owners of a real estate development project that never got off the ground, with a North Carolina Business Court judge finding that many of the allegations against them were too "thin" to advance.

  • June 17, 2026

    Paul Weiss-Led Data Center Operator Csquare Files IPO Plans

    Data center operator CSquare Inc. has filed plans with the U.S. Securities and Exchange Commission for its initial public offering, steered by Paul Weiss Rifkind Wharton & Garrison LLP and Latham & Watkins LLP.

  • June 17, 2026

    Mich. Township Says Pot Shop Missed Permit Deadlines

    A west Michigan township has told a federal judge that a local cannabis business alleging the township improperly refused to issue it a permit and prevented it from opening in fact missed the deadline for the permit in question.

  • June 17, 2026

    Lender Says Co. Defaulted On $5M Loan, Tanked Pot Site Value

    A cannabis real estate company and an affiliate gutted a $27 million cultivation facility, stopped paying taxes on it and defaulted on a $4.6 million clean-energy loan, according to a federal lawsuit by the lender, which seeks a court-ordered sale of the property.

  • June 17, 2026

    SoHo Building Owner In NYC Eyes August Ch. 11 Confirmation

    The owner of a mixed-use building in Manhattan's SoHo neighborhood hopes to soon be able to seek votes on its Chapter 11 restructuring plan, which will transfer title of the property to the debtor's senior lender.

  • June 17, 2026

    The World's Biggest Data Center Market Is At A Crossroads

    Public opposition has put Virginia's long-held status as a key hub for data center development in jeopardy, and the industry is likely to turn against the state if lawmakers decide to remove a much-loved tax break, according to a DLA Piper land-use partner.

  • June 17, 2026

    McDermott Expands NYC Footprint With BXP Tower Lease

    McDermott Will & Schulte is expanding its New York City presence by signing a seven-floor, 150,000-square-foot lease in a 46-story, 930,000-square-foot Midtown Manhattan office tower project that's being developed by real estate company BXP, the law firm announced.

  • June 17, 2026

    Sandberg Phoenix Expands In Fla. With Dunlap Moran Combo

    Sandberg Phoenix has expanded its Sunshine State footprint by absorbing the team from Gulf Coast firm Dunlap Moran PA.

  • June 17, 2026

    Fla. Creates Special District With Power To Levy Property Tax

    Florida established an independent special district in Hillsborough County that may impose taxes, including property taxes if approved by voters in a referendum, under a bill signed by Gov. Ron DeSantis.

Expert Analysis

  • Indemnity Lessons From Mass. Construction Defect Ruling

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    The Massachusetts high court's decision in Trustees of Boston University v. CHA, holding that a bespoke contractual indemnity provision means that a construction defect claim is not subject to Massachusetts' statute of repose, should spur design and construction professionals to negotiate limited provisions, says Christopher Sweeney at Conn Kavanaugh.

  • 4 Strategies For De-Escalating Hospitality Industry Disputes

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    As recent uncertainty in the travel business exacerbates the risk of conflict in the hospitality sector, industry in-house counsel and their outside partners should consider proactive strategies aimed at de-escalating disputes, including preserving the record, avoiding boilerplate clauses and considering arbitration, say Randa Adra at Crowell and Stephanie Jean-Jacques at Hyatt.

  • SEC Signals Opening For Private Fund Investment Reform

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    At SEC Speaks in late May, the U.S. Securities and Exchange Commission made clear that it's considering allowing registered funds of private funds to be offered broadly to true retail investors, meaning existing funds should review their disclosures focusing on conflicts of interest, liquidity and fees, say attorneys at Stradley Ronon.

  • Unicoin Case Reveals SEC's Evolving Enforcement Posture

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    The U.S. Securities and Exchange Commission's recent fraud allegations against cryptocurrency company Unicoin send a clear message that while the Trump administration supports digital asset development, it will act decisively against deception, inflated valuations and false assurances, says David Zaslowsky at Baker McKenzie.

  • Opportunity Zone Revamp Could Improve The Program

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    If adopted, the budget bill's new iteration of the opportunity zone program could renew, refine and enhance the effectiveness and accountability of the original program by including structural reforms, expanded eligibility rules and incentives for rural investment, say attorneys at Pillsbury.

  • Review Risk Is Increasing For Foreign Real Estate Developers

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    Federal and state government efforts have been expanding oversight of foreign investment in U.S. real estate, necessitating careful assessment of risk and of the benefits of notifying the Committee on Foreign Investment in the United States, say attorneys at Troutman.

  • Evolving Federal Rules Pose Further Obstacles To NY LLC Act

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    Following the Financial Crimes Enforcement Network's recent changes to beneficial ownership information reporting under the federal Corporate Transparency Act — dramatically reducing the number of companies required to make disclosures — the utility of New York's LLC Transparency Act becomes less apparent, say attorneys at Pillsbury.

  • Negotiating Triparty Hotel Agreements To Withstand Risk

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    Brewing economic uncertainty in the hospitality industry underscores the importance of subordination, nondisturbance and attornment agreements, and hotel managers should tightly negotiate these agreements to ensure remedies will not disturb key rights, say attorneys at Sidley.

  • CRE Challenges Demand New Lease And Development Plans

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    As developers and landlords face declining occupancy of commercial, industrial and office space post-pandemic, a combination of business and lease considerations may better position stakeholders to protect the value and profitability of their commercial real estate, says Geoffrey Leskie at Segal McCambridge.

  • Ch. 11 Free-And-Clear Sale Ruling Takes Pragmatic Approach

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    A recent ruling from a New York bankruptcy court in which the debtors were allowed to sell interests free and clear regardless of a lienholder's objection signals a practical approach and a recalibration of the balance between debtor flexibility and creditor protections, say attorneys at Eversheds Sutherland.

  • What's At Stake As 9th Circ. Eyes Cultural Resource Damages

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    In Pakootas v. Teck Cominco, the Ninth Circuit is faced with the long-unresolved question of whether cultural resource damages are recoverable as part of natural resource damages under the Superfund law — and the answer will have enormous implications for companies, natural resource trustees and Native American tribes, says Sarah Bell at Farella Braun.

  • 5 Insurance Types For Mitigating Tariff-Related Trade Losses

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    The potential for significant trade-related losses as a result of increased tariffs may cause companies to consider which of their insurance policies, including marine, builders risk, trade credit, and directors and officers, could provide coverage to alleviate the financial impact, say attorneys at Pillsbury.

  • Avoiding Pitfalls Around New Calif. Commercial Lease Law

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    A California law that became effective this year requires commercial landlords to extend certain protections previously afforded to residential tenancies, and a few key provisions of the law especially warrant reexamination of leasing and operational processes, say attorneys at Holland & Knight.