Commercial

  • May 04, 2026

    Minn. Valuation Tampering Claim Knocked Down By Tax Court

    A Minnesota attorney's claim that a county assessor tampered with a witness in a valuation dispute was rejected by the state's tax court, which called the accusation "scurrilous" and found the attorney willfully failed to timely disclose key information.

  • May 04, 2026

    3 Firms Guide New Blackstone REIT In $1.8B IPO Target

    A Blackstone real estate investment trust focused on data centers aims to raise $1.8 billion in an upcoming initial public offering next week advised by Simpson Thacher & Bartlett LLP and Paul Hastings LLP.

  • May 04, 2026

    Tax Court Slashes $30M Deductions For Georgia Easements

    The U.S. Tax Court slashed two partnerships' charitable tax deductions worth a combined $30 million for a pair of conservation easement donations, ruling Monday that the easements' outsize valuation was an attempt to make "too many fast nickels."

  • May 04, 2026

    Healthcare REIT OKs $528M Outpatient Medical Portfolio Sale

    National Healthcare Properties Inc. has agreed to sell an 86-property outpatient medical portfolio in a $528 million sale that's supposed to be completed in 2026's third or fourth quarter, the healthcare-focused real estate investment trust announced May 4.

  • May 04, 2026

    Managers Of Embattled Easement Say RICO Suit Lacks Details

    Investment fund managers behind a conservation easement donation whose charitable tax deduction was embroiled in litigation asked a Georgia federal court to toss a racketeering suit against them by a pair of investors, arguing the fraud claims do not match the allegations.

  • May 04, 2026

    Two Harbors Backs CrossCountry Bid Over $1.3B UWM Offer

    Two Harbors Investment Corp.'s board of directors prefers CrossCountry Mortgage LLC's proposed $1.2 billion all-cash acquisition of the real estate investment trust over UWM Holdings Corp.'s revised $1.3 billion all-stock bid, which "is inferior across multiple dimensions," Two Harbors announced on Monday.

  • May 04, 2026

    NYC Real Estate Week In Review

    Goodwin Procter and Polsinelli are among the law firms that guided the largest New York City real estate deals that hit public records last week, with a Bronx buy topping the list.

  • May 04, 2026

    4 Firms Guide Global Net Lease's $535M Modiv Industrial Buy

    Global Net Lease said May 4 that it has agreed to pay $535 million to acquire industrial-focused real estate investment trust Modiv in a deal advised by Paul Weiss Rifkind Wharton & Garrison LLP, Greenberg Traurig LLP, Morrison Foerster LLP and Venable LLP.

  • May 04, 2026

    REIT Offloads NYC Hotel For $33M Ahead Of Needed Repairs

    Real estate investment trust DiamondRock Hospitality said May 4 that it has sold its stake in a Manhattan hotel for $33 million ahead of upcoming capital improvement needs at the property.

  • May 01, 2026

    Mass. Residents Sue Over Data Center's Expansion

    A group of Lowell, Massachusetts residents has accused the state's Department of Environmental Protection of wrongfully approving "a flawed air quality plan" for the expansion of a 14-acre, 352,000-square-foot data center that's allegedly been polluting their community.

  • May 01, 2026

    Lender Seeks Sale Of Colo. Building After $22.3M Default

    An Arizona investment firm asked a Colorado state court judge to foreclose on a commercial condominium after the owners defaulted on more than $22 million worth of loans.

  • May 01, 2026

    Hartford Unit Owed Contractor Coverage In Data Center Row

    A Hartford insurance specialty unit had a duty to defend a building contractor against an underlying suit over a data center's construction even after defamation claims were dropped, a California federal judge ruled, finding that existing claims could have exposed the contractor to additional defamation allegations.

  • May 01, 2026

    Extell Eyes Upper West Side Supertall Residential Tower

    Extell Development is seeking to build a nearly 1,200-foot residential tower on the Upper West Side in Manhattan, the tallest proposed residential project in New York, according to filings with the city in late April.

  • May 01, 2026

    Saks Gets OK For Plan Disclosure With Creditor Deal

    A Texas bankruptcy judge Friday approved Saks Global's Chapter 11 plan disclosure statement after hearing the retailer had struck a deal to split future litigation proceeds between the providers of its bankruptcy financing and its unsecured creditors.

  • May 01, 2026

    Continuum JV Lands $344M For 2-Tower Miami Project

    Developer Continuum Co. said its joint venture has secured $344 million in construction and predevelopment loans to pursue a two-tower project on Biscayne Bay that could construct more than 500 condo units in two phases.

  • April 30, 2026

    Verizon Slaps Landowner With Counterclaims Over Tower Lease

    Verizon is fighting back after a North Carolina federal judge declared that the lease for land a cell tower was constructed on is invalid, laying down a set of counterclaims accusing the landowner of using it to build up the site before canceling the lease.

  • April 30, 2026

    Real Estate Manager Wants Widow's Forgery, Fraud Suit Nixed

    The head of a real estate management company urged a Connecticut state court Wednesday to strike a widow's suit accusing him of using forgeries to strip her of an ownership stake in a related holding company allegedly worth more than $20 million.

  • April 30, 2026

    Judge Spares Offshore Wind Farm In Resident Noise Suit

    A New Jersey federal judge dismissed a challenge from a group of residents to an offshore wind development, finding state laws regulating construction noise and operation don't apply to the work authorized by Congress.

  • April 30, 2026

    Cannabis Dispute Ends With Plaintiff Co. Facing $1.34M Default

    A California state court snuffed out a Los Angeles cannabis company's fraud lawsuit against its investors and landlords, which were accused of stealing $40 million and wrecking its cannabis license, opening the door for the ex-business partners to score a $1.34 million default judgment.

  • April 30, 2026

    Gaming REIT Execs Talk State Regs, Insurance, Caesar's

    In calls to discuss their first-quarter results with analysts last week, officials from gaming-focused real estate investment trusts Gaming and Leisure Properties and VICI Properties spoke about sources of capital, a potential Caesar's take-private deal, and risks posed by various state efforts to expand legal gambling.

  • April 30, 2026

    Broker Says RE Biz Partner Stole Over $1M In Funds

    A North Carolina real estate broker has alleged in a lawsuit designated by the state's business court on Wednesday that his real estate development partner stole more than $1 million from companies they own together.

  • April 30, 2026

    AH Realty Trust Seeks To Revamp Board In Strategic Shift

    AH Realty Trust is trying to revamp its board of directors so it has nominated an ex-Morgan Stanley executive and a cannabis-focused real estate investment firm's chief financial officer, the real estate investment trust announced April 30.

  • April 30, 2026

    Acres Commercial To Internalize Management With Merger

    Hunton Andrews Kurth LLP advised as Acres Commercial Realty Corp. acquired Acres Capital Corp. in a transaction to internalize the real estate investment trust's manager and more than double its assets under management.

  • April 29, 2026

    Enterprise AI Adoption Drives Data Center REIT Gains

    Digital infrastructure demand grew among businesses seeking to use artificial intelligence systems at scale and drove lofty gains in first-quarter earnings for data center real estate investment trusts Equinix Inc. and Digital Realty Inc., executives said in recent earnings calls.

  • April 29, 2026

    Utah Biz Owner Says Colo. Cannabis Store Owners Owe $4.8M

    The owners of a chain of Colorado retail cannabis stores were accused by a Utah-based entrepreneur in Colorado federal court Tuesday of owing more than $4.8 million in unpaid obligations, including more than $2 million in unpaid loans and nearly $2 million in airplane expenses.

Expert Analysis

  • What SDNY Judge Can And Can't Do In Adams Case

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    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.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “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.

  • Corp. Transparency Act's Future Under Treasury's Bessent

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    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.

  • Nippon Order Tests Gov't Control Over Foreign Investments

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    The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden’s January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government’s microscope, say attorneys at Blank Rome.

  • A Look At A Possible Corporate Transparency Act Exemption

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    Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.

  • As EPA Backs Down, Expect Enviros To Step Up Citizen Suits

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    As President Donald Trump's U.S. Environmental Protection Agency draws down federal enforcement efforts, environmental groups will step into the void and file citizen suits — so companies should focus on compliance efforts, stay savvy about emerging analytical and monitoring methods, and maintain good relations with neighbors, say attorneys at Beveridge & Diamond.

  • Emphasize Social Spaces During RE Project Public Review

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    As Boston continues to work through revisions to its public review process for real estate projects, developers attempting to balance impact mitigation and community improvements may benefit from emphasizing the ways in which development plans can facilitate open social exchange, says David Linhart at Goulston & Storrs.

  • What Contractors Can Do To Address Material Cost Increases

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    In light of the Trump administration's plans to increase tariffs on Mexico, Canada and China, construction industry players should proactively employ legal strategies to mitigate the impacts that price increases and uncertainty may have on projects, says Brenda Radmacher at Seyfarth Shaw.

  • Reg Waiver Eases Calif. Rebuilding, But Proceed With Care

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    California Gov. Gavin Newsom's executive order suspending some environmental review and permitting requirements for the reconstruction of homes and businesses damaged by recent wildfires may streamline rebuilding efforts, but will require careful navigation of the evolving regulatory landscape, says Gregory Berlin at Alston & Bird.

  • Insurance Considerations For LA Wildfire Recovery

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    Businesses and homeowners affected by the destructive Southern California wildfires must act swiftly and strategically to navigate the complexities of the insurance recovery process, including by identifying all applicable policies, documenting damage thoroughly and keeping abreast of relevant state law, say attorneys at Morgan Lewis.

  • LA Wildfires' Effect On Calif. Insurer Of Last Resort

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    Attorneys at Willkie discuss the background of California's insurer of last resort — known as the Fair Access to Insurance Requirements Plan — and examine the process of assessing member insurers and relevant recent property insurance market developments in light of the destruction from the ongoing Los Angeles wildfires.

  • Public Corruption Enforcement In 2024 Has Clues For 2025

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    If 2024 activity is any indication, the U.S. Supreme Court will likely continue to rein in expansive prosecutorial theories of fraud in the year to come, but it’s harder to predict what the new administration will mean for public corruption prosecutions in 2025, says Cathy Fleming at Offit Kurman.

  • Small Biz Caught In Corporate Transparency Act Crossfire

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    Despite compliance being put on hold due to a nationwide preliminary injunction, small businesses have been caught in the middle of the legal battle over the Corporate Transparency Act — and confusion over the law's requirements could result in major penalties, say attorneys at Snell & Wilmer.