Commercial

  • May 15, 2026

    Chinese Developer Kaisa Gets Ch. 15 Recognition

    Chinese property developer Kaisa Group received recognition of its Hong Kong insolvency proceeding, under which it is seeking to restructure its more than $15 billion of debt.

  • May 15, 2026

    V&E Survey Cites Power Capacity As Main Data Center Barrier

    A Vinson & Elkins LLP survey found that infrastructure developers and investors are confident that existing power infrastructure can meet near-term demand for data centers, even if power access could eventually become an obstacle to the projects supporting artificial intelligence technology. 

  • May 14, 2026

    Policyholders Win In Calif. Water Leak Precedent Ruling

    Policyholder advocates won a victory when a state court said litigators can cite a recent ruling about water damage claims.

  • May 14, 2026

    Benson Mucci Guides Costco's $55M Fla. Land Buy

    Retail giant Costco Wholesale paid $55 million for a 55-acre Fort Myers, Florida, development site in a land purchase deal guided by Benson Mucci & Weiss PL.

  • May 14, 2026

    Cushman & Wakefield Wants Discovery Stay For 401(k) Suit

    Commercial real estate services company Cushman & Wakefield told a Washington federal court Thursday that a proposed 401(k) class action's discovery deadlines need to be paused because of the company's pending dismissal and venue transfer motions.

  • May 14, 2026

    V&E, Latham Guide Oil Landowner EagleRock's $320M IPO

    EagleRock, a landowner collecting revenue from oil and gas activity in the Permian Basin, reached a market capitalization of $2.4 billion in an initial public offering advised by Vinson & Elkins LLP and Latham & Watkins LLP.

  • May 14, 2026

    Ex-Vornado CEO, Lender In Talks To Settle Miami Hotel Suit

    The lender and guarantors of a loan on a Miami hotel agreed Wednesday to hit pause on a lawsuit while they try to reach a settlement and allow a foreclosure on the property to go forward.

  • May 13, 2026

    Trump Library Land Given As Unlawful Gift, Fla. Suit Says

    A group of Florida residents alleged President Donald Trump broke the law after paying nothing to receive a downtown Miami parcel worth $300 million to build his presidential library, claiming in a federal lawsuit filed Wednesday the land transfer constituted an illegal gift under the U.S. Constitution.

  • May 13, 2026

    Heitman Lands $475M For Self-Storage Strategy Launch

    Heitman LLC has secured $475 million in investments for a self-storage acquisition initiative, enabling the global real estate investment manager to acquire a 79-property seed portfolio spanning 4.9 million rentable square feet, the company announced.

  • May 13, 2026

    A Decades-Old Infrastructure Funding Idea Finds New Ground

    Some of the biggest states in the U.S. have for years allowed developers to create special districts in which future property owners, instead of general taxpayers, pay for the infrastructure the neighborhood needs. Now, other fast-growing states are starting to join the club.

  • May 13, 2026

    Insurers Accused Of Stonewalling On $2.7M Hurricane Claims

    A New Orleans church urged a Louisiana federal judge to reopen litigation in order to sanction Lloyd's of London underwriters and other insurers, accusing them of repeatedly impeding efforts to arbitrate a nearly 4-year-old $2.7 million dispute over hurricane damage coverage.

  • May 13, 2026

    Simpson Thacher-Led Blackstone REIT Prices $1.75B IPO

    A Blackstone real estate investment trust focused on data centers is set to begin trading Thursday after raising $1.75 billion in an initial public offering, advised by Simpson Thacher & Bartlett LLP and underwriters' counsel Paul Hastings LLP.

  • May 13, 2026

    Goodwin Real Estate Atty Eyes Tariffs At Capital-Raising Stage

    A year after President Donald Trump's "Liberation Day" speech, tariffs are coming up in the context of capital-raising for real estate deals, one of Goodwin Procter's real estate leaders told Law360 in a recent interview.

  • May 13, 2026

    10th Circ. Doubts Bid To Undo Colo. Land Swap

    A Tenth Circuit panel appeared unsure that an appraisal of a land exchange between the federal government and a private landowner must be publicly disclosed under federal law, despite claims to the contrary from an attorney representing Colorado Wild Public Lands at oral argument Wednesday.

  • May 13, 2026

    Vedder Extends Downtown Chicago HQ Lease Through 2041

    Vedder Price has signed a 12-year lease extension deal with Tishman Speyer that will keep the law firm at its longtime global headquarters in Chicago through 2041, the real estate company announced Wednesday.

  • May 13, 2026

    Ex-NY Judge Charged With $5M Real Estate Investment Scheme

    A recently resigned Brooklyn state judge and a real estate investor were arrested Wednesday on federal charges they scammed $5 million from investors who backed their purported New Jersey commercial sale, allegedly pitched using the judge's good name.

  • May 13, 2026

    Hotel Giants Stay Bullish Amid War, World Cup Doubts

    Strong starts to 2026 have prompted leading hotel owners and operators to maintain or raise their outlooks despite uncertainties arising from the Middle East conflict and doubts about how much of a positive impact the World Cup will bring the U.S. market.

  • May 13, 2026

    Warsh Confirmed As Trump's Next Federal Reserve Chair

    The U.S. Senate signed off Wednesday on the White House's choice of Kevin Warsh to lead the Federal Reserve, capping off a monthslong process that became entangled in the Trump administration's push to criminally investigate outgoing Fed Chair Jerome Powell.

  • May 13, 2026

    Two Harbors Pans UWM's 'Inferior' New Acquisition Bid

    The board of directors for Two Harbors Investment Corp. slammed UWM Holdings Corp.'s "inferior" revised acquisition bid for the real estate investment trust, urging stockholders Wednesday to vote for another company's acquisition proposal.

  • May 13, 2026

    Amid Data Center Boom, Nonresi Construction Spending Dips

    Spending on nonresidential construction dropped marginally across both the private and public sector during March, despite a continuing deluge of data center construction spending, per data from the U.S. Census Bureau.

  • May 13, 2026

    IRS Offers Easement Deals With 10% Penalty, No Haggling

    Eligible partnerships disputing conservation or historic preservation easement charitable deductions cannot negotiate their tax benefit amounts under the Internal Revenue Service's latest settlement offer, which carries a 10% penalty, the agency announced Wednesday.

  • May 12, 2026

    ABB To Sink $200M Into Grid Tech Manufacturing In Europe

    ABB has announced plans to invest $200 million over the next three years in European manufacturing capabilities as the electrification technology company eyes grid modernization needs driven by higher electricity and data center demand.

  • May 12, 2026

    Michael Best Hires Ex-Messner Reeves RE Partner In Denver

    Michael Best has hired a former Messner Reeves LLP real estate transactions partner for its real estate team in Denver.

  • May 12, 2026

    ACLU, Other Groups Want To Back Mich. In ICE Facility Fight

    The American Civil Liberties Union was joined by several civil rights and immigrant advocacy groups in asking a Michigan federal court on Monday for permission to weigh in support of a suit filed by the state of Michigan and city of Romulus seeking to stop an immigration detention center from taking over a former warehouse site.

  • May 12, 2026

    NYC Loft Owner Closes Stormy Ch. 11 With Sale To Lender

    A New York bankruptcy judge Tuesday gave the owner of a Manhattan loft permission to hand the property over to its mortgage lender and wind down its business, and congratulated the parties for concluding a contentious Chapter 11.

Expert Analysis

  • 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.

  • Trump Tax Law Has Mixed Impacts On Commercial Real Estate

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    The One Big Beautiful Bill Act brings sweeping changes to the real estate industry — and while the permanency of opportunity zones and bonus depreciation creates predictability for some taxpayers, sunsetting incentives for renewable energy projects will leave others with hard choices, says Jordan Metzger at Cole Schotz.

  • Contractor Considerations As Construction Costs Rebound

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    The U.S. construction industry is navigating rising costs driven by energy and trade policy, which should prompt contractors to review contract structuring, supply chain management and market diversification, among other factors, say attorneys at Cozen O'Connor.