Commercial

  • April 20, 2026

    Mich. AG Fights Approval Of DTE-Oracle Data Center Plan

    The Michigan attorney general has filed two claims of appeal challenging orders from the Michigan Public Service Commission approving energy supply contracts between DTE Energy and a subsidiary of cloud-computing platform Oracle Corp. tied to a massive 1.4 gigawatt AI data center project, alleging regulators unlawfully bypassed a contested case process.

  • April 20, 2026

    Simpson Thacher Adds 2 Partners To Data Center Team

    Simpson Thacher & Bartlett LLP has hired two transactional real estate attorneys who specialize in digital infrastructure deals as partners in its Washington, D.C., and New York City offices, the firm announced Monday.

  • April 20, 2026

    NYC Real Estate Week In Review

    Vinson & Elkins and Spencer Fane are among the law firms that steered the largest New York City real estate transactions that became public last week, with a trio of Manhattan trades topping the list.

  • April 20, 2026

    Colo. House OKs Penalties For False Valuation Statements

    Owners of nonresidential property in Colorado who willfully give certain false valuation information to assessors could face criminal penalties under legislation passed by the state House of Representatives.

  • April 20, 2026

    3 Firms Advise Blue Owl's $2.4B Tampa Healthcare REIT Buy

    Blue Owl Capital agreed to pay $2.4 billion for healthcare-focused real estate investment trust Sila Realty Trust in a take-private deal announced Monday advised by Hogan Lovells, Kirkland & Ellis LLP and Dechert LLP.

  • April 20, 2026

    Justices Won't Review Vegas Hotel Algorithmic Pricing Suit

    The U.S. Supreme Court on Monday rejected a petition seeking to revive a proposed class action accusing casino-hotel operators on the Las Vegas Strip of using software from Cendyn Group to illegally inflate room rates.

  • April 17, 2026

    Douglas Emmett Pays $260M For Beverly Hills Med. Portfolio

    Douglas Emmett has closed its $260 million acquisition of a 246,000-square-foot Class A portfolio of outpatient medical properties located in Beverly Hills, California, the real estate investment trust announced.

  • April 17, 2026

    Eversheds Sutherland's Atlanta Office Moved To Skyscraper

    Eversheds Sutherland has relocated its longtime Atlanta office to the four top floors of the Bank of America Plaza, moving to a smaller and renovated space at a skyscraper known as the tallest tower in the Southeast.

  • April 17, 2026

    Colo. Panel Blocks Proposal To Split Land, Building Tax Rates

    A proposal to allow local jurisdictions in Colorado to apply different property tax rates to structures and land was stalled by a state House panel amid concerns from assessors and others.

  • April 17, 2026

    Nussbaum-Linked Law Firms Hit Ch. 11 Facing Scheme Suits

    Two commercial real estate law firms headed by Mark J. Nussbaum filed for Chapter 11 protection in New York, listing at least $353 million in disputed unsecured claims tied to the firms' hard money lending practices that have been described in litigation as a Ponzi scheme.

  • April 16, 2026

    White House Again Ordered To Stop Ballroom Construction

    A D.C. federal judge clarified his injunction blocking construction on the White House ballroom project, amending his order to specifically stop construction on all aboveground construction but allowing for construction of national security facilities beneath it.

  • April 16, 2026

    GTIS Buys 116-Acre Fla. Site To Develop Logistics Hub

    GTIS Partners LP announced it has purchased a 116-acre industrial site in Tampa, Florida, that the global real estate investment firm plans to turn into a 382,500-square-foot Class A logistics center.

  • April 16, 2026

    Seattle's COVID-Era Tenant Protections Face Appellate Skeptic

    A Washington state appellate judge pushed back Thursday on Seattle's defense of COVID-19-era tenant rights ordinances, observing that the plaintiff landlord may have a stronger Fifth Amendment takings claim than usual because of the "unique" situation of "six regulations passed within a short time period."

  • April 16, 2026

    NY Bar Assoc. Building Owner Broke Ch. 11 Deal, Lender Says

    A lender of the insolvent owner of the historic New York County Lawyers Association Building in Manhattan accused the owner of violating a Chapter 11 settlement and asked a New Jersey bankruptcy judge to reinstate its $29 million claim in full.

  • April 16, 2026

    NYC Suit Alleges $1.3M Illegal Short-Term Rental Scheme

    A New York City landlord and several of his relatives and associates made over $1.3 million from an illegal short-term rentals scheme that involved hosting an illegal number of guests, the city alleged in New York state court.

  • April 16, 2026

    Calif. Mall Can't Have Property Value Reduced Due To COVID

    A California mall should not have its property value reduced despite hardships faced due to the coronavirus pandemic, because the mandated closures did not physically affect the property, a state appellate court affirmed. 

  • April 16, 2026

    Ky. Conforms To Fed. Tax Changes, Nixes Tax Threshold

    The Kentucky General Assembly overrode the governor's veto of a bill that eliminates its sales tax nexus transaction threshold, levies sales tax on data brokering services and will conform the state's tax code with some provisions of the Internal Revenue Code.

  • April 16, 2026

    ICE Ordered To Stop Work On Maryland Detention Center

    A Maryland federal court blocked the Trump administration from continuing construction work to convert an existing warehouse into an immigrant detention center while a challenge brought by the state under federal environmental regulations plays out.

  • April 16, 2026

    4 Canadian Law Firms Steer $9.4B REIT Take-Private Deal

    Choice Properties REIT and private equity firm KingSett Capital have agreed to acquire First Capital REIT in a transaction valued at approximately $9.4 billion, including debt, in a deal steered by four Canadian law firms. 

  • April 16, 2026

    Nossaman Adds Procopio Construction Trio In California

    Nossaman LLP has deepened its infrastructure group by adding a pair of partners and an associate to its Orange County roster who joined from Procopio Cory Hargreaves & Savitch LLP.

  • April 16, 2026

    Clean Energy Lender Lands C-PACE Funding Up To $300M

    Investment manager Ares Management provided up to $300 million for a Commercial Property Assessed Clean Energy financing vehicle to an affiliate of Los Angeles-based commercial real estate finance firm AXCS Capital, according to an announcement.

  • April 15, 2026

    Energy Tech Co., Execs Sued Over $2.4B AI Power Deal

    Energy technology company Babcock & Wilcox Enterprises Inc. and its top brass face an investor suit alleging they made misstatements about an agreement to deliver power to an artificial intelligence data center project and failed to disclose that B&W's largest shareholder was on both sides of the deal.

  • April 15, 2026

    Uptick In Lender Guarantor Claims Shapes New Deals

    Real estate litigators in New York City are seeing lenders bring more lawsuits against loan guarantors, arguing they have run afoul of provisions largely meant as a liability shield. Transaction attorneys are taking cues from lenders' efforts to draft more specific guarantee provisions, or alternatives to judicial foreclosure, in new loans.

  • April 15, 2026

    Trump Admin Asks Court To Delay East Wing Injunction

    The Trump administration on Tuesday asked a D.C. federal court to delay enforcing its order blocking the White House East Wing ballroom project, invoking national security after the court carved out an exception over the "safety and security" of White House grounds.

  • April 15, 2026

    NYC Building Goes Into Ch. 11 To Avoid Foreclosure Sale

    A New York company connected to a local property manager filed a Chapter 11 bankruptcy petition for its five-story, mixed-use building in downtown Manhattan, heading off a foreclosure sale that had been scheduled for the following day. 

Expert Analysis

  • 2024 IPO Market Trends, And What To Expect Next Year

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    The initial public offering market returned to historically typical levels on a deal count basis in 2024 but continued to lag based on proceeds raised due to a larger number of smaller IPOs this year, and signs point to continued ongoing momentum in the next year, say attorneys at Paul Hastings.

  • Adapting Force Majeure To A Predictably Unpredictable World

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    As the climate and political landscapes get more complicated, force majeure provisions will likely be triggered increasingly often, demanding an evolving understanding of when events and their impacts are truly unforeseeable, say attorneys at Nossaman.

  • Impact Of Corporate Transparency Act Ambiguity On Banks

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    Even though banks generally needn't file beneficial ownership information reports, financial institutions must continue to monitor the status of the Corporate Transparency Act and understand its requirements in case the nationwide injunction that was issued against the CTA earlier this month is overturned, say attorneys at Armstrong Teasdale.

  • Green Projects Face States' Foreign Land Ownership Limits

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    As states impose restrictions and disclosure requirements around foreign investment in agricultural land — in some cases piggybacking on existing federal rules — renewable energy developers and investors must pay close attention to how the rules vary, says Daniel Fanning at Husch Blackwell.

  • How Landlords Can Navigate Cannabis-Related Leases

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    As the cannabis industry continues to rapidly grow, landlords should consider a variety of lease terms and operational details that may help mitigate uncertainty involving federal laws, zoning restrictions and tax implications, says Kyla Baker at Holland & Knight.

  • Lights, Camera, Real Estate: Preparing For Film Facility M&A

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    As the entertainment industry struggles to recover from multiple strikes and a decline in production, certain aspects of selling or acquiring production facilities may become important to consider, as these assets are valued very differently from typical commercial real estate properties, say attorneys at Olshan Frome.

  • Corporate Liability Issues To Watch In High Court TM Case

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    The U.S. Supreme Court will hear arguments in a trademark dispute between Dewberry Group and Dewberry Engineers next week, presenting an opportunity for the court to drastically alter the fundamental approach to piercing the corporate veil, or adopt a more limited approach and preserve existing norms, say attorneys at Bracewell.

  • Plugging Gov't Leaks Is Challenging, But Not A Pipe Dream

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    As shown by ongoing legal battles involving New York City Mayor Eric Adams and Sean “Diddy” Combs, it’s challenging for defendants to obtain relief when they believe the government leaked sensitive information to the media, but defense counsel can take certain steps to mitigate the harm, says Kenneth Notter at MoloLamken.

  • A Legal Perspective On NYC's Retail Real Estate Evolution

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    As New York City's retail market begins to show signs of resilience after the challenges of recent years, landlords must be cognizant of legal implications from shifting trends toward shorter-term leases and pop-up stores, says Andrea Gendel at Pryor Cashman.

  • What Interest Rate Cuts Mean For Housing Markets

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    The Federal Reserve's recent reduction of interest rates may provide limited immediate relief for real estate sectors, but offers potential opportunities for commercial real estate investors and construction firms, which now face an environment ripe for new projects, say attorneys at Cozen O'Connor.

  • How CFIUS' Updated Framework Affects Global Investors

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    The recent change to the monitoring and enforcement regulations governing the Committee on Foreign Investment in the United States will broaden administrative practices around nonnotified transaction investigations, increase the scope of information demands from the committee and accelerate its ability to impose mitigation on parties, say attorneys at Simpson Thacher.

  • Foreclosing Lenders Still Floating In Murky Legal Waters In NY

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    The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.

  • NYC Hotel Licensing Law's Costs May Outweigh Its Benefits

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    A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.