Commercial

  • July 10, 2026

    Taxation With Representation: Cleary, Paul Weiss, Fried Frank

    In this week's Taxation With Representation, Solstice Advanced Materials Inc. acquires specialty chemicals technology company Element Solutions Inc., Vertex Pharmaceuticals Inc. buys Crinetics Pharmaceuticals Inc., and Lockheed Martin acquires naval defense company Ultra Maritime.

  • July 10, 2026

    Bradley Adds Bankruptcy Atty From Arnall Golden In Atlanta

    Bradley Arant Boult Cummings LLP has added an Arnall Golden Gregory LLP partner in its Atlanta office, strengthening its bankruptcy and creditors' rights practice with an attorney who brings more than 25 years of legal experience.

  • July 09, 2026

    Judge Urged To Deny Transfer Of SpaceX Land-Swap Suit

    Environmental groups urged a D.C. federal judge to reject an attempt by SpaceX and the federal government to transfer the groups' lawsuit challenging a land-exchange deal to Texas, saying the deal was reviewed and approved by officials and lawmakers in D.C.

  • July 09, 2026

    NYC Settles Extra Space Suit Ahead Of Licensing Rollout

    New York City has settled its suit accusing Extra Space Storage Inc. of predatory business practices for more than $1.7 million, resolving its claims before the city's new self-storage licensing program takes effect Aug. 25.

  • July 09, 2026

    Simpson Thacher-Anchored Office Tower In NY Wins $352M Refi

    Vanbarton Group has landed $352 million in refinancing for a 31-story, Class A office tower in Midtown Manhattan that has long served as Simpson Thacher LLP's headquarters, broker JLL said in a news release.

  • July 09, 2026

    NJ Looks To Renew RealPage Antitrust Claims Against REIT

    New Jersey has asked the state's federal court to allow it to file an amended complaint that fixes the pleading issues in its suit accusing multifamily real estate investment trust AvalonBay Communities Inc. of using RealPage Inc.'s revenue management software in a residential rent price-fixing scheme. 

  • July 09, 2026

    Calif. Extends Full Cash Value Assumption For Pipeline Strips

    California extended a method for valuing intercounty pipeline rights-of-way that assumes full cash value if certain conditions are met under a bill signed by Gov. Gavin Newsom.

  • July 09, 2026

    Workers Drop WARN Act Suit To Join Related Colo. Case

    Two former employees dropped a proposed class action accusing a recently shuttered commercial facility services company of failing to warn workers before mass layoffs and facility closures, with the case expected to be consolidated with a related Colorado federal suit.

  • July 09, 2026

    Prologis Pushes Segro For Talks On £12.6B Takeover Bid

    Real estate investment trust Prologis Inc. has ramped up pressure on the board of Segro PLC to engage in talks for a £12.6 billion ($16.9 billion) takeover, telling shareholders in the British company that the deal would give them access to a superior data center platform.

  • July 08, 2026

    These Firms Guided First Half's Top Hospitality M&A Deals

    Weil, Mayer Brown and Paul Weiss are among the law firms that landed work on the largest hospitality mergers and acquisitions of the year's first half, a period that saw seven transactions north of $1 billion. 

  • July 08, 2026

    Calif. Ex-Social Worker Helps 2 Sides Of NYC Real Estate Deal

    A $31 million Manhattan commercial property transaction is nothing out of the ordinary. A handful of such deals — give or take $10 million — typically hit public records each week. But in the case of 38 W. 21st St., a trade in the Flatiron District that became public last week, there are seemingly more questions than answers.

  • July 08, 2026

    What To Know About The Opportunity Zones 2.0 Rollout

    The second phase of the federal opportunity zones program, often referred to as OZ 2.0, will differ from the program's initial iteration in key ways that present unique legal considerations for developers of projects in held-over zones, according to attorneys.

  • July 08, 2026

    Minn. Tax Court Weighs Tower Sale Prices In Value Dispute

    The Minnesota Tax Court will consider recent purchase prices for the Wells Fargo Center in Minneapolis, along with a discounted cash flow analysis, in a hundred-million-dollar tax valuation dispute over the office tower.

  • July 08, 2026

    3 Firms Guide MasTec's $1.7B Acquisition Of Superior Group

    MasTec, a Coral Gables, Florida-based engineering and construction company, said it has reached a deal to buy The Superior Group, an Ohio-based, data center infrastructure-focused electrical contractor, for $1.7 billion.

  • July 08, 2026

    NJ Office Buildings Finding Second Life As Housing, JLL Says

    More and more "outdated" and "underutilized" New Jersey office properties are being converted into affordable housing and other developments due to quotas and shifting market demands, according to a report from brokerage firm Jones Lang LaSalle Inc.

  • July 08, 2026

    NYC Real Estate Week In Review

    King & Spalding LLP picked up work on the two largest New York City real estate deals that hit public records last week, a busy period that saw 14 trades above $20 million become public, despite the observance of Independence Day on Friday.

  • July 08, 2026

    Broadstone Injects $303M Into Colorado Industrial Project

    Broadstone Net Lease has contributed $303 million to a joint venture to build and lease out a 112,000-square-foot industrial facility in Colorado, the real estate investment trust announced Wednesday.

  • July 08, 2026

    PGIM Gets $98M For South Fla. Office Portfolio

    A trio of companies has purchased a three-property, 365,000-square-foot South Florida office portfolio from PGIM for $97.8 million and plans to spend more than $30 million on renovations.

  • July 08, 2026

    What They're Saying About Fla. Real Estate At 2026's Midpoint

    Florida has experienced its share of real estate boom and bust cycles over the years, but while the first half of 2026 fell short of the recent past, attorneys and other industry experts say the state appears poised to buck that pattern, and that more growth lies ahead.

  • July 07, 2026

    X Corp. Fights $8M Award Over Boulder Office Rent Credit

    Colorado appellate judges on Tuesday tested the limits of competing interpretations by X Corp. and its former landlord regarding a contract provision governing almost $5.8 million in rent credits the social media company says it's owed, weighing X's bid to undo an $8.2 million judgment in a rent dispute.

  • July 07, 2026

    Unstable Ex-Pfizer Office Spurs Evacuations In Manhattan

    The reported instability of pharmaceutical giant Pfizer's former New York City office headquarters, which is undergoing a conversion into residential units, led to the evacuations of multiple nearby buildings in Midtown Manhattan Tuesday.

  • July 07, 2026

    HSF Kramer Advises On $515M Rithm Capital NYC Office Refi

    Herbert Smith Freehills Kramer LLP-advised Rithm Capital has landed a $515 million financing package for a Midtown Manhattan office tower, marking the first debt transaction on a portfolio it purchased from real estate investment trust Paramount Group in September, broker Newmark said Tuesday.

  • July 07, 2026

    5th Circ. Backs Saltgrass In Texas Restaurant Land Row

    The Fifth Circuit backed steakhouse chain Saltgrass Inc.'s quick win in a property contract dispute that involved the planned demolition of a former Joe's Crab Shack restaurant in Humble, Texas, ruling that the demolition contractually requires Saltgrass' permission.

  • July 07, 2026

    Stikeman-led Axia Offers CA$1.23B For Plaza Retail REIT

    Canadian real estate investment firm Axia Real Assets said Tuesday it has taken its roughly CA$1.23 billion ($866.6 million) bid for Plaza Retail REIT public after saying the REIT's board failed to engage with its proposal.

  • July 07, 2026

    Polsinelli Real Estate Finance Atty Rejoins K&L Gates In SC

    A Polsinelli PC shareholder who worked at K&L Gates LLP early in his career has returned to the firm as a finance partner in Charleston, South Carolina.

Expert Analysis

  • 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.

  • Measuring And Mitigating Harm From Discriminatory Taxes

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    In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.