Commercial

  • 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.

  • May 12, 2026

    NJ, ICE Pause Fight Over Planned Immigrant Detention Center

    The state of New Jersey and one of its municipalities on Tuesday temporarily paused their bid to block a planned immigration detention center after reaching an agreement with federal officials that halts most work at the site pending further environmental review.

  • May 12, 2026

    Davis Polk Guides $386M Securitization For Telecom Owner

    Davis Polk & Wardwell LLP advised wireless infrastructure company TowerPoint Infrastructure Partners on a recent $386 million oversubscribed securitization of its assets in the U.S. to support debt refinancing and an expansion of the company's portfolio.

  • May 12, 2026

    Chamberlain Hrdlicka Adds Real Estate Litigator In Houston

    Chamberlain Hrdlicka White Williams & Aughtry announced Monday that an experienced real estate litigator who spent the last 15 years as a solo practitioner has joined the firm's Houston office as a shareholder.

  • May 12, 2026

    Senate Puts Warsh On Track To Replace Powell As Fed Chair

    The U.S. Senate on Tuesday confirmed Trump nominee Kevin Warsh to a board seat at the Federal Reserve, moving him one step closer to taking over from Jerome Powell as chairman of the central bank.

  • May 12, 2026

    Ex-Tannenbaum Construction Co-Chair Joins Jones Day

    Jones Day announced on Tuesday the hiring of a former co-chair of the construction and design practice group at New York law firm Tannenbaum Helpern Syracuse & Hirschtritt LLP as a partner in its real estate practice.

  • May 11, 2026

    Trump Administration Strikes Deal With DC Golf Courses

    The U.S. Department of the Interior has struck a deal with the operator of three public golf courses in Washington, D.C., bringing momentary peace to a sticky fight over the Trump administration's effort to seize the properties.

  • May 11, 2026

    Cushman & Wakefield Tries To Sink 401(k) Climate Risk Suit

    Commercial real estate services giant Cushman & Wakefield is looking to shed a former employee's "novel and flashy" proposed class action alleging its retirement plan exposed participants to climate-related financial risk, arguing the suit fails to show the purported risk is tied to actual underperformance by the relevant investment fund.

  • May 11, 2026

    Student Housing Co.'s Ch. 11 Transferred To California

    A Delaware bankruptcy judge said Monday he will send the Chapter 11 case of student housing owner Element Student Living to California because that is where the debtor's sole asset is located, finding there are no compelling reasons to keep the case in Delaware.

  • May 11, 2026

    Minn. Justices Challenge County On Hilton Valuation Appeal

    Minnesota's justices quizzed counsel for Hennepin County on Monday on whether its arguments for its preferred method for valuing a Hilton-branded Minneapolis hotel and convention center could be enough to overturn a state tax court decision that adopted the owner's approach.

  • May 11, 2026

    Cowboy Space Hits $2B Valuation After $275M Funding Round

    Orbital infrastructure company Cowboy Space Corp., led by Fenwick & West LLP, on Monday announced that its valuation soared to $2 billion after it closed its most recent funding round with $275 million in tow.

  • May 11, 2026

    Brewery Says Eviction Bid Chases Profit From FIFA World Cup

    A Houston brewery asked a Texas state court on Monday to block its landlord from evicting it ahead of the 2026 FIFA World Cup, alleging the landlord manufactured lease defaults to retake the property and profit from its location near Houston's planned tournament fan zone.

  • May 11, 2026

    Cushman & Wakefield Failed To Protect Clients' Info, Suit Says

    A proposed class has accused global commercial real estate company Cushman & Wakefield Inc. in New York federal court of not doing enough to protect current and former clients' confidential information from hackers, who ultimately breached the company's systems.

  • May 11, 2026

    NYC Real Estate Week In Review

    Greenberg Traurig and JZ Legal are among the law firms that grabbed work on the largest New York City real estate deals that became public last week, with nine-figure trades in Manhattan and Brooklyn leading the way.

  • May 11, 2026

    Blackstone, Halliburton Plug $1B In Energy Startup VoltaGrid

    Behind-the-meter power generation company VoltaGrid said Monday that it plans to acquire a supplier and expand its offerings for data centers, microgrids and industrial uses with a $1 billion investment from Blackstone and Haliburton Co., advised by Kirkland & Ellis LLP, Sidley Austin LLP, Simpson Thacher & Bartlett LLP and Mogan Daniels Slager LLP.

  • May 11, 2026

    Latham Snags Skadden Real Estate Co-Chair

    An attorney who practiced for nearly three decades at Skadden Arps Slate Meagher & Flom LLP and co-chaired the firm's real estate group has moved to Latham & Watkins LLP's New York office, the firm announced Monday. 

  • May 11, 2026

    Troutman Brings On Holland & Knight RE Pro In Dallas

    Troutman Pepper Locke announced Monday that it has bolstered its real estate practice group by bringing on a former Holland & Knight partner in Dallas who advises clients on transactions and other matters.

  • May 11, 2026

    Broadway Shows Freed From NYC Rent Tax On Billboards

    Operators of four Broadway musicals don't owe New York City's commercial rent tax on billboard advertisements that they paid third-party entities to run because the operators didn't use the billboards, a city administrative law judge determined.

  • May 11, 2026

    UpCodes Aims To Unlock, Untangle Building Laws

    Scott and Garrett Reynolds launched their company, UpCodes, with the aim of using technology to help anyone engaged in a building project more easily comply with the myriad codes regulating the field, but along the way, they've repeatedly found themselves having to defend their efforts in court.

  • May 11, 2026

    UWM Ups Two Harbors Bid To Thwart CrossCounty Deal

    UWM Holdings Corp. is trying to thwart CrossCountry Mortgage LLC's bid to acquire real estate investment trust Two Harbors Investment Corp., upping its bid for the REIT on Monday from $12 per share to $12.50 per share in an all-cash deal that also offers stock.

  • May 11, 2026

    Alternative Credit Fueled Q1 CRE Lending Spike, CBRE Says

    Broker CBRE said Monday that commercial real estate lending reached a five-year high in the first quarter, with debt funds driving an increase in alternative lending activity by upping their volume more than threefold from a year ago.

Expert Analysis

  • CFIUS Initiative May Smooth Way For Some Foreign Investors

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    A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.

  • How AI Data Centers Are Elevating Development Risk In 2026

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    As thousands of artificial intelligence data center constructions continue to pop up across the U.S., such projects must be treated not as simple real estate developments, but as infrastructure programs where power, supply chains and technology integration all drive both schedule and risk, say attorneys at Cozen O’Connor.

  • Tips For Counsel As PE Eyes Data Center Facility Services

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    As private equity interest in specialized commercial facility services providers heightens, considerations for counsel and private equity investors run the gamut from contract transferability to facility compliance, say attorneys at Morgan Lewis.

  • CFIUS Must Adapt To Current Foreign Investment Realities

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    To continue protecting the U.S.’ long-term strategic and economic interests, the Committee on Foreign Investment in the United States should implement practical enhancements that leverage technology, expertise and clear communication, and enable it to keep pace with evolving demands, says attorney Sohan Dasgupta.

  • Breaking Down Expense Allocation In Mixed-Use Properties

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    Rapid increases in condominium fees and special assessments, driven by multiple factors such as rising insurance costs and expanded safety requirements, are contributing to increased litigation, so equitable expense allocation in mixed-use properties requires adherence to the governing documents, says Mike Walden at FTI Consulting.

  • What Fla. Trends Reveal About AI In Real Estate Development

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    Property developers can begin to understand how artificial intelligence tools are changing the real estate industry by studying Florida, where developers are using AI to speed vital processes, and AI disclosure and ethics requirements are proliferating, says Ben Mitchel at Shubin Law.

  • NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid

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    A New Jersey bankruptcy court's recent decision in New Rite Aid affirms that landlords can have "stub rent" treated as an administrative expense and highlights critical considerations for debtors, including the importance of deciding when and where to file for bankruptcy, say attorneys at Cleary.

  • What Changed For Healthcare Transaction Law In 2025

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    Though much of the legislation introduced last year to expand state scrutiny of healthcare transactions did not pass, investors should pay close attention to the overarching trends, which are likely to continue in this year's legislative sessions, say attorneys at Ropes & Gray.

  • How Developers Can Harness New Texas Zoning Framework

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    A Texas law introducing a new zoning framework has the potential to unlock meaningful multifamily development opportunities, but developers and their project teams should follow four steps to help identify how affected cities are interpreting and implementing the new law, says Angela Hunt at Munsch Hardt.

  • What To Know About NY's Drastic 3rd-Party Practice Changes

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    Last month, New York Gov. Kathy Hochul signed a law establishing new time limits for the commencement of third-party actions, which will have dramatic effects on insurance defense practice, particularly cases involving construction site accidents or claims of premises liability, says Shawn Schatzle at Lewis Brisbois.

  • Expect A New Normal In Commercial Real Estate This Year

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    Even amid office vacancies and a wave of loan maturities, the commercial real estate market isn't as volatile as one might expect heading into 2026, but market stress is still uniquely intersecting with broader business challenges, creating new opportunities for corporate counsel and other practitioners beyond real estate, says Mark Bell at Stinson.

  • For Data Centers, Both Hyperscale And Edge Are Key In 2026

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    Recent trends in development of data centers highlight the importance of proactive attention to the zoning, permitting, interconnection and contractual issues associated with both hyperscale and edge facilities, in order to position projects for responsible growth in 2026 and protect their long-term value amid rapid technological and regulatory change, say attorneys at Sidley.

  • 5 Lender Strategies When A Commercial Borrower Defaults

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    With an estimated $2 trillion in commercial real estate loans set to mature by 2027, now is an opportune time for lenders to review practices on both the front and back ends, and understand the full range of options available in the event of a default, says Keith Mundrick at Amundsen Davis.