Commercial

  • January 05, 2026

    Jeffer Mangels Names A New Hospitality Chair As 3 Attys Exit

    As a trio of Jeffer Mangels Butler & Mitchell LLP lawyers — including a founding partner — are in the process of decamping, the law firm said Friday it has named a new chair of global hospitality.

  • January 05, 2026

    US Trustee Says DLA Piper Conflicted In Hudson Hotel Ch. 11

    Two bankrupt entities tied to the former Hudson Hotel must not be allowed to retain DLA Piper LLP as special counsel in their Chapter 11 case, the U.S. trustee argued on Monday, saying the firm is conflicted due to its prior representation of the debtors' equity owner and proposed DIP lender.

  • January 05, 2026

    Dish Wins $32M Lease Dispute In Colo. Appeals Court

    A Colorado appellate panel has unanimously affirmed a jury verdict in favor of Dish Wireless LLC after the court determined the master lease agreement governing a $32 million lease dispute between Dish and several telecommunications infrastructure companies was ambiguous.

  • January 05, 2026

    Ritz-Carlton Looks To Toss Trafficking Suit Against Ga. Hotels

    The Ritz-Carlton asked a Georgia federal judge Friday to toss a lawsuit claiming it and other Atlanta hotels knew about but failed to prevent sex trafficking occurring at their properties, arguing it didn't knowingly benefit from the alleged trafficking.

  • January 05, 2026

    Starr, Collection Co. Reach Deal Over $4.4M Bad Faith Dispute

    Starr Indemnity & Liability Co. struck a deal resolving a collections company's bid for $4.4 million in bad faith damages over underlying litigation concerning a real estate development in Washington state.

  • January 05, 2026

    Center Capital Nets $125M For Industrial Storage Expansion

    Center Capital Partners announced Monday that it closed its second industrial outdoor storage fund with $125 million raised in conjunction with a joint venture, which allows the real estate investment firm to use more than $350 million for industrial outdoor storage acquisitions.

  • January 05, 2026

    Fla. Insurance Broker Gets New Trial For $1M Damages Verdict

    A Florida state appeals court reversed a nearly $1 million jury award against an insurance broker over coverage for two businesses following Hurricane Matthew in 2016, granting a new trial after a jury found the company liable for breach of fiduciary duty and negligent misrepresentation. 

  • January 05, 2026

    Related, Oxford Land $2.5B For Deloitte HQ Tower Build

    Related Companies and Oxford Properties Group said Monday that they have fully capitalized their 70 Hudson Yards high-rise with $2.45 billion in financing as work on the 72-story project is underway.

  • January 05, 2026

    NY Court Voids Southampton's Cannabis Zoning Law

    Local zoning laws that blocked a marijuana shop from opening in the Long Island town of Southampton were declared "null and void" by a New York state court, and the state's attorney general is asking a federal judge overseeing a nearly identical case to make a similar ruling.

  • January 05, 2026

    Annaly Capital Management CLO Retires After 16 Years

    The top attorney at Annaly Capital Management Inc. has retired after working at the company for 16 years, but he will serve as a senior adviser through March, the company announced.

  • January 05, 2026

    DayOne Lands $2B For Global Data Center Development

    Data center developer DayOne has secured $2 billion in equity financing in a Series C led by investor Coatue, advised by Latham & Watkins LLP, and Indonesia's sovereign wealth fund to develop digital infrastructure in Asia and Europe, the company said on Monday.

  • January 05, 2026

    Godfrey Shareholder Takes Real Estate Firm Irgens' GC Spot

    Milwaukee real estate firm Irgens Partners LLC said Monday it has appointed a general counsel and chief administrative officer from the investment management practice group at Godfrey & Kahn SC.

  • January 05, 2026

    Delaware Chancery Narrows Real Estate Valuation Suit

    A Delaware Chancery Court judge on Monday narrowed the scope of a lawsuit over a disputed real estate valuation, dismissing a contract claim while allowing an implied-covenant claim to proceed based on allegations that the managing member improperly influenced an independent appraisal, with limited discovery to follow.

  • January 05, 2026

    4 Firms Steer $1.7B Take-Private Of Canadian Multifamily REIT

    A group of four law firms guided a take-private acquisition of Minto Apartment Real Estate Investment Trust by affiliates of parent company Minto Group and investment manager Crestpoint Real Estate Investments, an all-cash deal valuing the REIT at $1.7 billion.

  • January 05, 2026

    Haynes Boone Adds Pair Of Data Center Pros From Mintz

    Haynes Boone on Monday announced the hiring of two veteran Mintz Levin Cohn Ferris Glovsky and Popeo PC attorneys who are experienced with data center deals for the firm's real estate practice group in New York City.

  • January 05, 2026

    CareTrust REIT Buys Mid-Atlantic Nursing Portfolio For $142M

    CareTrust REIT, a healthcare-focused real estate investment trust, said Monday that it has acquired six skilled nursing facilities in the Mid-Atlantic for a combined $142 million.

  • January 02, 2026

    Ga. Partnership Contests Denial Of $15.7M Property Donation

    A Georgia partnership invoked the Fifth Amendment in defending its $15.7 million conservation easement tax deduction in the U.S. Tax Court, arguing that the IRS in denying the deduction effectively is taking private property for public use without just compensation.

  • January 02, 2026

    Hilton Hotel Tax Valuation Rightly Cut, Minn. Justices Told

    Minnesota's tax court was correct in reducing the tax valuations of a Hilton hotel and convention center, which included a $70 million drop in one year, the property owner told the Minnesota Supreme Court.

  • January 02, 2026

    Ind. House Bill Would Allow Municipal Tax On Shorter Rentals

    Indiana would authorize municipalities to impose an innkeeper's tax on the rental of rooms and other accommodations in hotels and motels for less than 30 days under a bill filed in the state House of Representatives.

  • December 23, 2025

    Interest Grows In Little-Used NY Child Care RE Tax Break

    After New York increased a little-used property tax break for landlords of child care centers, and extended its application window through 2027, both landlords and child care providers are showing more interest in the program.

  • December 23, 2025

    OCC Wants To Preempt State Mortgage Escrow Interest Laws

    The Office of the Comptroller of the Currency has unveiled a pair of proposals aiming to, among other things, preempt state laws requiring banks it regulates to make interest payments for escrow accounts connected to certain types of residential mortgage loans, calling it a "critical tool for reducing unnecessary burden."

  • December 23, 2025

    NFL's Chiefs Moving To $3B Stadium In Kansas

    The Kansas City Chiefs are leaving their longtime home in Missouri to play in a new, $3 billion stadium in Kansas City, Kansas, that state's governor and the NFL team announced.

  • December 23, 2025

    Hudson Hotel Debtors Seek To Recast 'Ground Lease'

    The developers behind the former Hudson Hotel in Manhattan have asked a Delaware bankruptcy judge to recharacterize a long-term "ground lease" tied to the property as a disguised financing arrangement, arguing the structure functions economically as a high-cost loan rather than a true lease and should not receive favorable treatment under the Bankruptcy Code.

  • December 23, 2025

    Razzoo's $18M Ch. 11 Sale OK'd, With 11 Sites To Stay Open

    A Texas bankruptcy judge approved the $18 million sale of Cajun chain Razzoo's Inc.'s assets to a subsidiary of a Dallas-based restaurant developer, which plans to keep operating 11 of Razzoo's 20 remaining locations.

  • December 23, 2025

    Milbank Hires Digital Infrastructure, Energy Partner In NY

    Milbank LLP has bolstered its New York office with the hire of a partner from Paul Hastings LLP with experience in the digital infrastructure and energy sectors, both in the U.S. and Latin America.

Expert Analysis

  • 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.

  • The Emerging Issues Shaping Real Estate Project Insurance

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    As real estate faces increasingly complex considerations — such as climate losses, "nuclear verdicts" and regulatory changes — insurance is evolving into a strategic function that should be discussed early in the planning stages of a project, says Jason Adams at Cox Castle.

  • CFIUS Trends May Shift Under 'America First' Policy

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    The arrival of the Committee on Foreign Investment in the United States' latest annual report suggests that the Trump administration's "America First" policy will have a measurable effect on foreign investment, including improved trendlines for investments from allied sources and increasingly negative trendlines for those from foreign adversary sources, say attorneys at Debevoise.

  • New Conn. Real Estate Laws Will Reshape Housing Landscape

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    With new legislation tackling Connecticut's real estate landscape, introducing critical new requirements and legal ambiguities that demand careful interpretation, legal counsel will have to navigate a significantly altered and more complex regulatory environment, say attorneys at Harris Beach.