Commercial

  • July 30, 2026

    Trustee Ordered To Fix 'Chaos' In Ch. 11 Tied To Arms Trader

    A Texas federal judge has ordered the appointment of a Chapter 11 trustee to clean up "weeks of chaos" in the bankruptcy case of Louis Investments, a real estate management company that borrowed a 7,000% interest loan from a firm run by the arms dealer portrayed in the 2016 movie "War Dogs."

  • July 30, 2026

    Spirit Lands $88M Stalking Horse For Corporate HQ

    Bankrupt budget air carrier Spirit Airlines has announced it has secured an $88 million baseline bid for its corporate campus in Florida.

  • July 30, 2026

    3 Firms Advise On $1.3B Group 1 Deal For Hennessy Assets

    Group 1 Automotive said Thursday it has agreed to acquire the dealership assets and real estate of Hennessy Automobile Cos. in a transaction valued at about $1.3 billion, with Hill Ward Henderson and Vinson & Elkins LLP guiding Group 1, and Holland & Knight LLP advising Hennessy.

  • July 30, 2026

    Greenberg Traurig Adds Jones Walker Atty In Atlanta

    Greenberg Traurig LLP has added a Jones Walker LLP partner in Atlanta, strengthening its construction law practice.

  • July 30, 2026

    Walker & Dunlop Lines Up $555M Student Housing Refi

    Walker & Dunlop Inc. has lined up a more than $555 million floating-rate, interest-only loan that will refinance a 14-property portfolio owned by major student housing company and "longtime client" the Scion Group, the commercial real estate financier announced Thursday.

  • July 30, 2026

    J&J Pans Talc Claimant's 'Absurd' Bid To Nix $25M Appeal

    In a sharply worded memo, Johnson & Johnson told the Connecticut Appellate Court that it should deny a "nonsensical" dismissal motion from a real estate developer who won a $25 million asbestos-related cancer verdict, defending its appeal of the trial court outcome as timely.

  • July 30, 2026

    Jones Day Guides Stonemont's $1B Industrial Portfolio Buy

    Real estate investment firm Stonemont and investment management company PCCP LLC paid $1 billion to buy a 38-property, 5.9 million-square-foot industrial portfolio from Blackstone Inc. subsidiary Link Logistics, in a deal guided by Jones Day.

  • July 30, 2026

    Allen Matkins, UCLA Survey Finds Stabilizing CRE Market

    Allen Matkins Leck Gamble Mallory & Natsis LLP and the University of California, Los Angeles found in a recent survey that developers are adapting to persistently higher interest rates, leading to a stabilizing outlook for the state's commercial real estate market.

  • July 29, 2026

    Rare 3 Dissents In Fed Decision: Real Estate Lawyers Weigh In

    The Federal Reserve on Wednesday unsurprisingly held interest rates steady, but in a rare twist, three members dissented, and real estate lawyers say keeping rates unchanged is a victory for the sector.

  • July 29, 2026

    Brookfield, NextEra Plan $100B Data Center Build At DOE Site

    Skadden Arps Slate Meagher & Flom LLP is advising Brookfield on a U.S. Department of Energy effort announced Wednesday to redevelop parts of an agency site in Paducah, Kentucky, into a $100 billion data center campus that would also include new affordable energy infrastructure as part of a venture with NextEra Energy and local utilities.

  • July 29, 2026

    DOJ Probing Brothers Who Ran Summer Camp Empire

    A federal grand jury is investigating the bankrupt summer camp operator SIMAD Holdings, its controlling shareholders and related entities, and the company has received a demand to produce documents as part of the probe, according to a notice filed with the Tel Aviv Stock Exchange.

  • July 29, 2026

    Landlords Tout Top-Tier Office Leasing Boom In Q2 Results

    Two office landlords recently told investors they are raking in double-digit rent growth and planning new construction, as supply for the best space in elite markets such as New York and San Francisco continues to tighten.

  • July 29, 2026

    BXP NYC Office Build Lands $1.2B Loan Guided By 2 Firms

    Boston Properties, also known as BXP, said it has closed a $1.2 billion construction loan led by Wells Fargo to develop a 46-story office tower in midtown Manhattan, with advice from Fried Frank Harris Shriver & Jacobson LLP and Riemer & Braunstein LLP.

  • July 29, 2026

    Canada, Global Tariffs Add Fresh Strain To US Construction

    With President Donald Trump's announcement last week of new 50% tariffs on Canada, as well as new low-double-digit global taxes, experts say U.S. construction is bracing for more uncertainty, and cement prices could be on the rise.

  • July 29, 2026

    Property's $108M Valuation Unfounded, Minn. Justices Told

    The Minnesota Tax Court's $108 million valuation of a Minneapolis office building is not backed by the evidence, the building owner told the Minnesota Supreme Court, asserting that the local assessor's appraisal overvalued the property.

  • July 29, 2026

    Sullivan & Cromwell Guides Ackman Charity's $188M NYC Buy

    An entity connected to billionaire hedge fund owner Bill Ackman's charity organization paid $188 million to buy developer Taconic Partners' West End Labs in a Manhattan property purchase deal guided by Sullivan & Cromwell LLP, according to documents filed with New York City's Department of Finance.

  • July 29, 2026

    Texas Ties Sway Transfer Ruling In SpaceX Land-Swap Fight

    A D.C. federal judge has allowed SpaceX and the U.S. Fish and Wildlife Service to shift a dispute over their planned land swap to Texas, finding most significant aspects of the case are tied to the Lone Star State.

  • July 29, 2026

    3rd Circ. Revives Atlantic City Hotel Dynamic-Pricing Suit

    A Third Circuit panel Wednesday revived a proposed class action accusing Atlantic City casino-hotels of illegally inflating room prices with software that allegedly shared private occupancy and pricing information among them.

  • July 28, 2026

    Texas Judge Calls Late Bid To Disqualify Atty 'Dilatory Tactic'

    A Texas federal judge on Tuesday denied a request to disqualify an attorney representing the former chief executive of a real estate company related to the late mogul Gene Phillips, saying the attempt to knock out the attorney came way too late in the game.

  • July 28, 2026

    Montgomery McCracken Must Face Suit Over NJ College Move

    A New Jersey state judge on Tuesday declined to dismiss Rider University's lawsuit alleging Montgomery McCracken Walker & Rhoads LLP's negligence caused it to forfeit a property worth $42 million, ruling from the bench that the school adequately alleged it relied on guidance from one of its attorneys.

  • July 28, 2026

    SocGen Beats DC Landlord's Suit Over Failed $29M Loan

    A Washington, D.C., federal judge on Tuesday dismissed a lawsuit by a property owner that claimed Société Générale Financial Corp. wrongfully backed out of a planned $29 million loan to refinance a Washington building, ruling that the parties' signed term sheet was only a preliminary negotiating document and not a binding promise to lend.

  • July 28, 2026

    Calif. Warns SEC Against Preempting State REIT Registration

    California is urging the U.S. Securities and Exchange Commission not to adopt a proposal that could free certain real estate investment trusts and business development companies from registering with the states, saying it could leave retirees and the elderly vulnerable to fraud.

  • July 28, 2026

    4 Firms Guide Meta, BlackRock's $14B Data Center Project

    Meta and BlackRock are teaming up to develop a $14 billion, 1-gigawatt data center campus in El Paso, Texas, with guidance from Latham, Eversheds Sutherland, Kirkland and Milbank, the companies announced Tuesday.

  • July 28, 2026

    Colo. Sports Complex Owner Files Ch. 11 With $100M+ Debt

    Future Legends LLC, the owner of a sports complex in Colorado, has filed for Chapter 11 protection in California with $100 million to $500 million in liabilities following legal battles with a local government, its lenders and the second-division U.S. men's soccer league, according to court filings.

  • July 28, 2026

    Pa. Panel Narrows Test For Tax Exemption On Charities' Land

    A Pennsylvania appeals court panel held Tuesday that the Salvation Army was wrongly denied a real estate tax exemption for an outdoor retreat by the organization, saying that the entire property was operated in keeping with the group's charitable mission.

Expert Analysis

  • What New Fla. Citizens Bill Means For Surplus Lines Insurers

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    A Florida bill recently passed by the Legislature as part of a continued effort to depopulate Citizens Property Insurance, the state's insurer of last resort, creates an additional pathway for commercial policies to be written by surplus lines insurers, but also presents concerns of unnecessary regulation, say attorneys at Troutman.

  • Navigating The Perks Of Qualified Opportunity Zones 2.0

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    The second iteration of the qualified opportunity zone program, effective Jan. 1, 2027, will introduce new tax incentives for rural real estate development, but these benefits can only be realized if proper governance is a priority, including clear documentation and securities law compliance, says Coni Rathbone at VF Law.

  • When 'Qualified Transferees' Can Chill UCC Foreclosures

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    A recent New York state court decision in a closely watched real estate dispute in WWP Mezz LLC v. WWP Mezz Investment Co. is a reminder to lenders, and a warning to borrowers, of the Uniform Commercial Code foreclosure's immense power as a lender remedy, says Joshua Wurtzel at Schlam Stone.

  • AI Is Changing The Game For Lenders' Vendor Governance

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    Recent guidance from Freddie Mac and the Treasury Department reinforces that expectations surrounding AI oversight are beginning to shape how mortgage lenders operationalize vendor governance, which is emerging as a critical compliance challenge for the decade ahead, says Alexandra Temple at Mitchell Sandler.

  • Human Diligence Crucial As AI Raises Real Estate Fraud Risks

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    A recent title fraud warning from Florida officials demonstrates that artificial intelligence has lowered the barrier to committing complex property scams, forcing real estate industry stakeholders and attorneys to prioritize contextual review in transactions, says Neil Cohen at Barsh and Cohen.

  • Strategies For Retailers, Landlords In M&A Portfolio Reduction

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    With more retailers likely to merge or be acquired in 2026, both landlords and companies looking to renegotiate their real estate footprints can strike successful deals through advance planning, understanding rights allocations and maintaining realistic leverage assessment, say attorneys at Jenner & Block.

  • What Cos. Must Know About Pa.'s Proposed Data Center Regs

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    Under Pennsylvania Gov. Josh Shapiro's new proposal to balance hyperscale data center infrastructure with grid stability, water resources and community transparency, businesses in the state face a strategic choice: wait for binding requirements to emerge, or proactively align projects with the standards now, say Wade Stephens and Sasha Burton at Langsam Stevens.

  • Where Ceding Control In Joint Ventures Ups Developer Risks

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    With new data predicting liquidity will continue drying up in 2026, developers seeking relief via joint venture restructurings should understand how relinquishing an asset's control to a capital partner could have stark consequences, and where negotiations over governance and control triggers present the greatest legal and structural risks, say attorneys at Jenner & Block.

  • How SF Family Zoning Suit Could Stymie City, Builder Goals

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    A recent suit asserting that San Francisco should further study the environmental impact before permitting taller buildings with more family residences could disrupt the work of project developers and local government — and give pause to other cities rezoning to add housing capacity, says Phillip Babich at Reed Smith.

  • How Blockchain Could Streamline Real Estate Transactions

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    As U.S. real estate markets face pressure to adopt digital frameworks, blockchain technology offers a credible solution for consolidating execution, payment and recording into a single record, with a unified ledger potentially replacing fragmented processes with digitally authenticated events, say attorneys at King & Spalding.

  • Del. Dispatch: Workplace Sexual Misconduct Liability In Flux

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    Following the Delaware Court of Chancery's recent contradictory rulings in sexual misconduct cases involving eXp World, Credit Glory and McDonald's, it's now unclear when directors' or officers' fiduciary duties may be implicated in cases of their own or others' sexual misconduct against employees, say attorneys at Fried Frank.

  • 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.