Commercial
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January 28, 2026
Construction Group Of The Year: Orrick
Last year, Orrick Herrington & Sutcliffe LLP advised the Gateway Development Commission on the $16 billion Hudson River tunnel replacement project and advised New York City on the Manhattan construction contract for its $13 billion Borough-Based Jails Program to replace the Rikers Island complex, earning a spot among the 2025 Law360 Construction Groups of the Year.
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January 28, 2026
3 Firms Advise Apollo REIT's $9B Portfolio Sale To Insurer
A mortgage origination unit of Apollo Global Management announced Wednesday it will sell a $9 billion loan portfolio to an affiliated insurance company after the real estate investment trust's stock consistently traded below its book value, with Fried Frank Harris Shriver & Jacobson LLP, Clifford Chance LLP and Sidley Austin LLP advising the parties.
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January 28, 2026
Wash. Panel Won't Force State To Pull Dispensary License
A Washington appeals panel won't force state cannabis regulators to revoke a dispensary's license at the request of another dispensary that wished to open in the same area, saying the board rightly found that the license was not subject to forfeiture.
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January 27, 2026
Nuveen, Brandywine Close Pa.'s Largest C-PACE Financing
Nuveen Green Capital announced Jan. 27 that it has closed on $87.3 million in commercial property-assessed clean energy financing with Brandywine Realty Trust for its Schuylkill Yards project in Philadelphia, marking the largest C-PACE financing in Pennsylvania history and the first in the state for a publicly traded real estate investment trust in recent years.
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January 27, 2026
Work Shutdown In Sight For $16B NY-NJ Rail Tunnel Project
Officials leading construction of the $16 billion Gateway Tunnel project connecting New York and New Jersey said Tuesday that they are preparing to shut down construction next week unless the Trump administration restores funding.
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January 27, 2026
Jersey Shore Motels Fight Prom Season Rental Limits
Jersey Shore motel owners told a Garden State appellate panel on Tuesday that it should apply strict scrutiny to their argument that a municipal ordinance prohibiting anyone under the age of 21 from booking a motel room during prom season is unconstitutional.
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February 12, 2026
Law360 Seeks Members For Its 2026 Editorial Boards
Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.
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January 27, 2026
Fla. Panel Advances Stricter Caps On Assessment Increases
Florida's House tax-writing committee advanced a constitutional amendment Tuesday that would ask voters to place tighter limits on property assessment increases used to calculate nonschool property taxes.
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January 27, 2026
Avison Young To Market Miami Waterfront Development Site
Avison Young Inc. will work for a property seller to market an 80-acre mixed-use Miami waterfront development site that features a 315,000-square-foot office complex with three buildings, the global real estate adviser announced this week.
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January 27, 2026
Offit Kurman Beats Appeal In $40M Malpractice Suit
The Pennsylvania Superior Court has ruled that a lower court properly granted summary judgment in favor of Offit Kurman and two of its lawyers in a legal malpractice case.
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January 27, 2026
Md. Lawmaker Pitches Commercial Property Tax Hike Option
Maryland counties would benefit from a bill allowing them to establish a special subclass and tax rate for commercial and industrial property to finance transportation efforts and local education, a sponsor of the bill told a state House panel Tuesday.
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January 27, 2026
Corning Inks $6B Deal To Supply Data Center Components
Manufacturer Corning on Tuesday said it has reached an up to $6 billion deal to supply Meta with fiber optic cable components for use on data center projects.
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January 27, 2026
11th Circ. May Scuttle Appeal Amid Trafficking Coverage Spat
An Eleventh Circuit panel suggested Tuesday that procedural hurdles could stymie an insurance company's bid to get out of defending an Atlanta-area motel from sex trafficking claims that led to the motel being hit with a $40 million verdict last summer.
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January 27, 2026
Data Center Infrastructure Biz Raises $100M In Series B
EPG, a Singapore-based provider of factory-prefabricated data center components, announced Tuesday the company has obtained $100 million in its latest funding round, led by investors Forebright and Silicon Peak.
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January 27, 2026
EU Advances Brookfield, GIC's Australian Storage REIT Buy
European regulators on Tuesday signed off on a proposed $2.6 billion buyout of Australian self-storage company National Storage REIT by Brookfield Asset Management and GIC, in a deal advised by Ashurst LLP and Clayton Utz.
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January 27, 2026
Tenn. Resolution Would Permit Optional Property Tax System
Tennessee would allow local governments to make property taxes optional or create deferred tax payment plans under a constitutional amendment introduced in the state House of Representatives.
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January 27, 2026
Logistics, Real Estate Co. Americold Grows Legal Exec's Role
Americold Realty Trust Inc., a temperature-controlled logistics and real estate company, said Tuesday that it has expanded the role of its chief legal officer as part of a series of executive leadership changes at the company.
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January 26, 2026
Long Island Town Says Cannabis Law Doesn't Preempt Zoning
A Long Island town has told a New York intermediate appellate court that the state's cannabis law cannot preempt localities from enforcing their zoning policies when it comes to allowing where marijuana stores can be located.
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January 26, 2026
Paul Hastings Works On $150M Manhattan Office Loan
Real estate investment firm Sovereign Partners LLC borrowed a $150 million loan from investment and asset management company Rialto Capital Management LLC for a Manhattan office property, in a deal guided by Paul Hastings LLP, according to official property records.
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January 26, 2026
Al Habtoor Group Escalates $1.7B Dispute With Lebanon
Emirati conglomerate Al Habtoor Group said Monday that it will step up an investment treaty dispute against Lebanon over an alleged $1.7 billion in losses to its investments in hotels, real estate and other sectors in the country, saying it has "no other alternative."
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January 26, 2026
REIT Buys Atlanta Senior Housing Portfolio For $108M
Senior housing and healthcare-focused real estate investment trust LTC Properties said Monday that it has acquired a three-property portfolio in Atlanta, Georgia, for $108 million.
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January 26, 2026
Hunton Guides REIT Sale Review After Investor Deal
Real estate investment trust Orion Properties Inc. said Monday that Hunton Andrews Kurth LLP is advising as it explores a possible sale as part of an agreement with activist investor the Kawa Fund.
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January 26, 2026
NYC Real Estate Week In Review
Simpson Thacher & Bartlett LLP, Greenberg Traurig LLP and Manatt Phelps & Phillips LLP were among the firms responsible for the largest New York City real estate deals last week, featuring a series of discounted office properties.
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January 26, 2026
Lenders Claim Office Properties' Ch. 11 Loan Breaches Deal
Secured lenders of Office Properties Income Trust filed a Chapter 11 adversary suit in Texas bankruptcy court, saying the debtor's entry into debtor-in-possession financing agreements with a separate group of secured lenders violates a prepetition intercreditor agreement and could deprive the suing creditors of significant payments.
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January 26, 2026
Real Estate AI Co. Orbital Raises $60M Series B
London-based legal technology startup Orbital, which develops artificial intelligence for real estate law, raised $60 million in a Series B funding round, according to an announcement on Monday, with the new capital earmarked for U.S. and U.K. growth and expanded product adoption.
Expert Analysis
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How The CRE Industry Is Adapting To Tariff Uncertainty
Amid uncertainty about pending tariffs and their potential ripple effects, including higher material costs, supply chain delays and tighter margins, commercial real estate industry players are focusing on strategic planning and risk mitigation, says Daniel Diaz Leyva at Day Pitney.
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Reconciling 2 Smoke Coverage Cases From California
As highlighted by a California Department of Insurance bulletin clarifying the effect of two recent decisions on insurance coverage, the February state appellate ruling denying coverage for property damage from smoke, ash and soot should be viewed as an outlier, say attorneys at Reed Smith.
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Contractor Remedies Amid Overhaul Of Federal Spending
Now that the period for federal agencies to review their spending has ended, companies holding procurement contracts or grants should evaluate whether their agreements align with administration policies and get a plan ready to implement if their contracts or grants are modified or terminated, say attorneys at DLA Piper.
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Contract Disputes Recap: Terminations Galore
Attorneys at Seyfarth examine three recent decisions in which the Civilian Board of Contract Appeals and the Armed Services Board of Contract Appeals provide valuable insights into contract terminations, modifications and the jurisdictional requirements for claims.
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Making The Opportunity Zones Program Great At Last
As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.
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Investor Essentials For Buying Federally Owned Property
Investors and developers can take advantage of the Trump administration's plan to sell government-owned real estate by becoming familiar with the process and eligible to bid, and should prepare to move quickly once the U.S. General Services Administration posts the list of properties for sale, say attorneys at Holland & Knight.
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How 2025 Is Shaping The Future Of Bank Mergers So Far
Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.
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Why NY May Want To Reconsider Its LLC Transparency Law
Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.
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Dewberry Ruling Is A Wakeup Call For Trademark Owners
The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.
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How GSA Lease Clauses May Affect DOGE Terminations
The Department of Government Efficiency has begun to cut the U.S. General Services Administration's enormous real estate portfolio, but some standard lease clauses include limits helpful to landlords that may slow progress toward the administration's cost-cutting goals, say attorneys at Pillsbury.
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What SDNY Judge Can And Can't Do In Adams Case
The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Corp. Transparency Act's Future Under Treasury's Bessent
The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.