Commercial

  • September 02, 2026

    Citadel Credit Closes $50M Philly Office Tower Loan

    Citadel Credit Union has closed a $50 million loan for a 29-story, 665,000-square-foot office tower in Philadelphia's Center City district, the credit union announced Wednesday.

  • September 02, 2026

    Land Development Atty Rejoins Bilzin Sumberg In Fla.

    A former director for a Florida organization that supports a large shelter for women and children has returned to Bilzin Sumberg Baena Price & Axelrod LLP to work in its land development and government relations group in Miami.

  • September 02, 2026

    Determined To Expand, Law Firms Face Tight Office Market

    Law firms are finding new ways to expand their office space, since finding sufficient space is proving to be a challenge in desirable areas such as Manhattan, where the top-tier office market has now fully recovered.

  • September 01, 2026

    Calif. Private Fund Execs Charged In $80M Ponzi-Like Scheme

    Executives of a California-based loan origination business and its affiliates were hit with securities violations and criminal charges by the U.S. Securities and Exchange Commission and the U.S. Attorney's Office in federal court over an alleged Ponzi-like scheme that raised over $80 million from unwitting investors. 

  • September 01, 2026

    Interior Board Stays BLM Data Center Approval In Nevada

    A U.S. Department of the Interior appeals board said Tuesday that environmental groups are likely to show that officials violated the National Environmental Policy Act when they used a review completed for a solar power generation facility to approve the first-ever data center on federal land.

  • September 01, 2026

    Hotel Cos. Owe For Stalled Arbitration Costs, Fla. Judge Says

    A Florida federal judge denied a request by two Spanish companies to avoid interest on an arbitration award involving missed rental payments to a Panamanian hotel-casino operator during the COVID-19 pandemic, finding there was a "case or controversy" even though costs were paid more than a year after the proceeding ended.

  • September 01, 2026

    7 Brew's $143M Bid Tops Dutch Bros. In Salad Chain Ch. 11

    Coffee chain 7 Brew emerged as the top bidder for 73 of drive-thru chain Salad and Go's leases with a $143 million offer, besting competitor Dutch Bros.' stalking horse bid of $105 million for 65 leases, counsel for the debtor said at a hearing Tuesday in Texas.

  • September 01, 2026

    First Tenants Signed For Ft. Lauderdale Mass-Timber Office

    Hines and Urban Street Development on Tuesday revealed the first office leases for their upcoming T3 FAT Village mass-timber office building taking shape in Fort Lauderdale, Florida, with GXO Logistics and CBI Workplace Solutions set to move in when the project opens next year.

  • September 01, 2026

    SB Energy Launches Plans For Anticipated $5B IPO

    Power generation infrastructure company SB Energy has filed plans to raise roughly $5 billion in its initial public offering steered by Latham & Watkins LLP and Davis Polk & Wardwell LLP.

  • September 01, 2026

    ICE Says It Will Ditch Detention Site Fought By City

    U.S. Immigration and Customs Enforcement and the U.S. Department of Homeland Security asked a Georgia federal judge to pause a city's suit attempting to block the conversion of an empty warehouse into a 10,000-bed detention center, saying the facility is no longer needed.

  • September 01, 2026

    Ares Closes $4B Japan Logistics-Focused Real Estate Fund

    Ares Management said it has closed its latest Japan-focused logistics real estate development fund with about $4 billion in commitments, including nearly $1 billion from the Canada Pension Plan Investment Board.

  • September 01, 2026

    Keurig Dr Pepper Selling Chobani Stake, Facility For $925M

    Keurig Dr Pepper Inc. said Tuesday it will sell its minority stake in Chobani and a Pennsylvania warehouse to the yogurt maker for $925 million, as the company looks to reduce debt and help fund spinoffs tied to its roughly $18 billion purchase of JDE Peet's. 

  • August 31, 2026

    Fund Says Investor Falsely Accused It Of '$600M Scam'

    A South Carolina private equity firm has sued an investor in Florida state court, alleging the investor defamed it in a series of emails to third parties that accused the firm of pulling off "a $600M scam" and asserted other false statements against it.

  • August 31, 2026

    Colo. Fund Says Lender Hid $10M Loan Subordination Deal

    The manager of a Colorado-based investment fund accused mortgage lender Cherry Creek in state court of executing an "invalid" hidden subordination agreement that allowed the lender to delay its interest payments on a $10 million promissory note.

  • August 31, 2026

    Florida Wants Discovery Pause In Trump Library Transfer Suit

    The state of Florida and The Donald J. Trump Presidential Library Foundation on Monday sought to shut down discovery in a Florida federal lawsuit challenging the state's donation of a downtown Miami college site to President Donald Trump as a violation of the constitution's ban on domestic emoluments.

  • August 31, 2026

    NYC Real Estate Week In Review

    McDermott, ArentFox Schiff and Milbank are among the law firms that steered the largest New York City real estate deals that hit public records last week, with a $51.5 million Manhattan trade leading the way.

  • August 31, 2026

    Businesses Agree To Drop Norfolk Southern Derailment Suits

    Ohio federal judges on Monday tossed more than a half dozen lawsuits business owners filed against Norfolk Southern Corp. over the East Palestine train derailment and chemical spill in the state after the plaintiffs and the railroad moved to have them dismissed.

  • August 31, 2026

    Meyer Unkovic Discovery Bid Partly Granted

    A Pennsylvania federal magistrate judge partly granted Meyer Unkovic & Scott LLP's bid for discovery in a malpractice suit over a $3.3 million default judgment that was later thrown out, ruling the firm can obtain documents about defenses raised in the underlying landlord-tenant case.

  • August 31, 2026

    Debevoise Guides $340M Refi For Chicago Office Towers

    Real estate firm Tishman Speyer said it has completed a $340 million refinancing of its two-tower Franklin office complex in Chicago's West Loop, in a deal advised by Debevoise & Plimpton LLP.

  • August 31, 2026

    Shareholders Say Generator Co. Overhyped Data Center Deal

    A shareholder in Hyliion Holdings Corp. is accusing the linear generator manufacturer in Texas federal court of exaggerating the potential success of its business partnership with an AI infrastructure company that specializes in data centers.

  • August 31, 2026

    SC Panel Waives Scrutiny On Kirkland-Guided Data Center

    South Carolina regulators have decided not to apply a law requiring construction approval to a 450-megawatt, natural gas-powered project proposed by a Kirkland & Ellis LLP-advised data center builder, despite calls from an environmental group for more scrutiny of the development.

  • August 31, 2026

    Miami Courthouse Sale Extended After No Bids

    Miami-Dade County did not find a buyer for its historic courthouse tower in downtown Miami by the Friday close of an online auction, but there are interested parties and the sale process will continue, according to a representative.

  • August 31, 2026

    Judge, Citing COVID Impacts, Cuts SC Mall Tax Value By $17M

    A South Carolina judge cut $17 million from the tax value of a shopping mall, favoring the owner's income analysis and agreeing that the COVID-19 pandemic impacted the viability of malls nationwide.

  • August 28, 2026

    MLB's Tampa Bay Rays Get Key Approvals For New Stadium

    Major League Baseball's Tampa Bay Rays took a major step toward consummating the ballclub's yearslong efforts to build a new home ballpark, as the Hillsborough County Commission on Friday approved a development and funding agreement for a proposed $2.3 billion stadium project one day after the Tampa City Council gave its consent.

  • August 28, 2026

    Meet The Attorneys Guiding Creditors Of DAMIS Holdings

    A dozen attorneys from Paul Hastings LLP and Connell Foley LLP are representing the official committee of unsecured creditors in the Chapter 11 of real estate company DAMIS Holdings, which filed for bankruptcy protection alongside its sister company, a summer camp operator, in June.

Expert Analysis

  • 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.

  • 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.