Commercial

  • June 29, 2026

    Fla. Adjusts Property Tax Millage Rate Calculations

    Florida will change the calculation of the maximum allowed for local property tax millage rates under a bill signed by Republican Gov. Ron DeSantis.

  • June 29, 2026

    Justices Will Resolve Circuit Split Over Pipeline Payouts

    The U.S. Supreme Court on Monday agreed to resolve a circuit court split over how to determine what gas infrastructure project developers should pay landowners in eminent domain proceedings, a move encouraged by the Trump administration.

  • June 29, 2026

    Simpson Thacher Steers Bridgepoint On $1.4B Investor Buy

    Private investment company Bridgepoint Group PLC said Monday that it will buy Kayne Anderson, an alternative real estate investor, for $1.4 billion in a deal steered by Simpson Thacher and Kirkland.

  • June 26, 2026

    McGuireWoods Guides Chevron-Microsoft Natural Gas Deal

    Chevron U.S.A. Inc. and Microsoft Corp. have agreed to build a natural gas facility in Pecos, Texas, that will power a multibillion-dollar Microsoft data center campus for 20 years in a development deal advised by McGuireWoods LLP.

  • June 26, 2026

    NC Creates Property Tax Break For Special District Projects

    North Carolina authorized local governments to approve special districts and provide property tax exclusions for eligible development projects in those areas under a bill signed by the governor.

  • June 26, 2026

    Seller Of Cape Cod Inn Says Buyer Stiffed It Out Of $7.5M

    The former owners of a historic Cape Cod hotel said in a lawsuit filed in state court Thursday that the buyer defaulted on a $7.5 million seller promissory note, then resold the property and kept the proceeds.

  • June 26, 2026

    Insurer Says NJ Atty Sank Coverage By Not Cooperating

    Hanover Insurance Co. has asked a New Jersey federal court for a declaratory judgment finding that it doesn't have to defend an attorney and his firm in a suit over a real estate deal gone wrong, telling the court that the attorney refuses to cooperate with the firm it hired to defend him in the underlying suit.

  • June 26, 2026

    Taxation With Representation: Sidley, Paul Weiss, Kirkland

    In this week's Taxation With Representation, Germany's Merck KGaA acquires life sciences tools supplier Bio-Techne Corp., drugmaker AbbVie buys clinical-stage biotechnology company Apogee Therapeutics, and building materials supplier CRH acquires infrastructure products maker Arcosa Inc.

  • June 26, 2026

    Faegre Drinker Adds Withers Int'l Arbitration Atty In NY

    A former Withers litigation and arbitration special counsel has joined Faegre Drinker Biddle & Reath LLP as a New York partner.

  • June 26, 2026

    REIT Execs Hid Queens Megacampus Woes, Suit Says

    A stockholder for life sciences-focused real estate investment trust Alexandria Real Estate Equities Inc. has alleged in California federal court that the REIT's top executives lied about how much money the company was making from its leased Queens megacampus in New York.

  • June 26, 2026

    Greenberg Traurig Hires Real Estate Duo From Fried Frank

    Greenberg Traurig LLP has recruited a seasoned duo for its real estate practice from Fried Frank, as the U.S. firm continues to expand its offering in London.

  • June 25, 2026

    Jones Day Hires Ex-McDermott Real Estate Pro For NYC Office

    Jones Day has brought on a former McDermott Will & Schulte partner who specializes in commercial real estate deals for its New York City office, the firm announced.

  • June 25, 2026

    CoStar Customers Say Antitrust Suit Must Stay In DC

    Customers asked a D.C. federal court to reject CoStar's bid to transfer their proposed antitrust class action, which claims the company ran an anticompetitive scheme to protect its monopoly for commercial real estate information and property listing services.

  • June 25, 2026

    Retail Center, AIG Unit Settle Suit Over Foundation Damage

    A real estate management company has settled its suit accusing an AIG unit of failing to cover property damage at a retail complex in Calabasas, California, according to a federal court filing.

  • June 25, 2026

    SpaceX Wants In On Suit Challenging Texas Land Swap Deal

    SpaceX has urged a federal court in Washington to let it intervene in a lawsuit from environmental groups opposing the company's south Texas land exchange deal with the U.S. Fish & Wildlife Service, noting its property interests are directly at stake.

  • June 25, 2026

    Easement Offers Have 'Rolling' Deadline, IRS Official Says

    The 90-day window that conservation easement partnerships will have to accept an IRS deal to settle their charitable tax deduction dispute is based on the date when the taxpayer receives its settlement letter with the latest offer, the agency's acting chief counsel said Thursday.

  • June 24, 2026

    SitusAMC's $5.3M Data Breach Deal Draws Judicial Scrutiny

    A New York federal judge is asking the plaintiffs suing real estate finance services firm SitusAMC over a 2025 data breach for additional information about the administration and public notice of their newly disclosed $5.3 million deal to resolve negligence and other claims stemming from the incident, saying the details are necessary for preliminary approval. 

  • June 24, 2026

    Attys Welcome Housing Bill But Say It's Not An Overnight Fix

    Attorneys focused on affordable housing say that bipartisan legislation to address housing affordability contains welcome tweaks to existing programs, but will not fundamentally change the market dynamics that place housing out of reach for many.

  • June 24, 2026

    Eric Adams' Ex-Chief Of Staff Charged In Bribery Scheme

    Frank Carone, a onetime chief of staff to former New York Mayor Eric Adams, took $120,000 in bribes to steer a multimillion-dollar contract to house migrants to a hotel owner, according to an indictment unsealed in Brooklyn federal court on Wednesday. 

  • June 24, 2026

    EPA Proposal Tightens Scope And Length Of NEPA Reviews

    The U.S. Environmental Protection Agency on Wednesday floated an overhaul of how it conducts environmental reviews that includes limiting the scope of what environmental impacts the agency considers and establishing a two-year deadline to complete reviews.

  • June 24, 2026

    Sun Communities Names Ex-SpartanNash Legal Chief As Its GC

    Sun Communities Inc. has hired the former chief legal and compliance officer of SpartanNash, a Fortune 400 food solutions company, as its new general counsel, the manufactured housing-focused real estate investment trust announced.

  • June 24, 2026

    Mich. Cannabis Co. Allowed To Fix Zoning Enforcement Suit

    Michigan cannabis dispensary chain Joyology was given an opportunity to clarify its lawsuit accusing a popular beach town of stifling its opportunity to open a location there through arbitrary zoning enforcement, after a federal judge punted on the municipality's bid to dismiss the suit.

  • June 24, 2026

    Investment Fund Hit With Class Action For Claimed $60M Loss

    Lack of oversight and transparency within a private investment fund resulted in the purported loss of nearly $60 million after a board member is said to have siphoned the money away, according to a putative class action filed in the North Carolina Business Court.

  • June 24, 2026

    Big Banks Clear Fed Stress Tests Amid Capital Rule Overhaul

    The Federal Reserve said Wednesday the nation's biggest banks have sufficient capital to withstand a severe recession, giving them passing marks in the latest round of stress tests as federal regulators work on a broader capital rule overhaul.

  • June 24, 2026

    Davis Polk Guides $480M NYC Office-To-Resi Financing

    An affiliate of private equity firm Yellowstone Real Estate Investments borrowed $480 million in construction financing for a Midtown Manhattan office-to-residential conversion project, in a loan transaction advised by Davis Polk & Wardwell LLP, the law firm announced.

Expert Analysis

  • 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.

  • Addressing Tariff Price Escalation In Construction Contracts

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    As construction projects across the U.S. face uncertainty surrounding material price increases driven by government-imposed tariffs, owners and developers should draft strong contracts to protect themselves from tariff-related cost overruns and delays, say attorneys at Akerman.

  • How The CRE Industry Is Adapting To Tariff Uncertainty

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    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.

  • Reconciling 2 Smoke Coverage Cases From California

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    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.

  • Contractor Remedies Amid Overhaul Of Federal Spending

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    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.

  • Contract Disputes Recap: Terminations Galore

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    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.

  • Making The Opportunity Zones Program Great At Last

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    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.