Commercial

  • July 24, 2026

    Taxation With Representation: Kleinberg Kaplan, Baker Botts

    In this week's Taxation With Representation, Brookfield Asset Management acquires Aypa Power from funds managed by Blackstone Energy Transition Partners, Brookfield and Canada Pension Plan Investment Board buy LXP Industrial Trust, and Novagold Resources Inc. and Paulson Advisers LLC agree to give Novagold full ownership of Donlin Gold LLC.

  • July 24, 2026

    Cushman & Wakefield 401(k) Climate Risk Suit Shipped To Ill.

    A proposed class action accusing commercial real estate services giant Cushman & Wakefield of mismanaging its 401(k) plan by including a fund that ignores climate change-related financial risks has been transferred to Illinois federal court by a Washington federal judge, according to a recently filed order.

  • July 24, 2026

    WDP, Argan To Create $14.8B European Logistics RE Giant

    Belgian warehouse landlord WDP and French logistics real estate investment trust Argan have agreed to combine in a deal that will create one of Europe's largest logistics REITs, with a portfolio exceeding €13 billion ($14.78 billion). 

  • July 24, 2026

    REST Denied Injunction On Sale Of Dexus-Led Airport Stake

    A New South Wales Supreme Court judge on Friday refused REST Infrastructure Trust's bid for an injunction against the sale of its portion of a roughly $4 billion Dexus-led stake in Melbourne and Launceston airports pending appeal, after REST refused to take responsibility for all related damages if the appeals failed.

  • July 23, 2026

    Trump Touts Pledge As Ratepayer Protection From AI Boom

    President Donald Trump during a Thursday event urged utilities, data center developers and states to sign a voluntary pledge to prevent average ratepayers from shouldering the cost of artificial intelligence infrastructure.

  • July 23, 2026

    Colo. Nonprofit Says ICE Facility Violates Town's Land Codes

    A nonprofit and a resident of Hudson, Colorado, claimed in Colorado state court Wednesday that the town is ignoring its own land use codes by allowing a U.S. Immigration and Customs Enforcement detention center to be built and operated within the city, and is using federal preemption as an excuse to not act.

  • July 23, 2026

    NYC OKs Proposals To Speed Up Permit Process, Land Sales

    New York City's Commission on Government Efficiency voted on July 23 to advance five November ballot proposals that aim to speed up the process for selling off city-owned land, approving building permits, building street safety infrastructure and more.

  • July 23, 2026

    Ex-Client Can't Revive Brach Eichler Malpractice Suit

    A New Jersey appellate panel on Thursday affirmed a lower court ruling granting summary judgment to Brach Eichler LLC in a suit accusing the firm of legal malpractice from its work in a long-running real estate dispute.

  • July 23, 2026

    J&J's Delays Should End $25M Asbestos Appeal, Builder Says

    A western Massachusetts real estate developer has asked a Connecticut appeals court to toss Johnson & Johnson's appeal of a $25 million asbestos cancer verdict in his favor, saying the company has yet to file an opening brief despite receiving five deadline extensions.

  • July 23, 2026

    Student Housing REIT Core Adds 4-Site Portfolio For $300M

    Chicago-based student housing company Core Spaces said July 23 that its real estate investment trust affiliate will acquire a $300 million portfolio of four housing complexes near public universities.

  • July 23, 2026

    Baker Botts, Vinson Steer Matador's $1.3B Oil Operations Deal

    Dallas-based oil and gas company Matador Resources said Thursday that it plans to buy an EnCap Investments subsidiary operating in the Permian Basin for $1.3 billion and separately acquire acreage in Texas and New Mexico from another EnCap company in a deal guided by Baker Botts LLP and Vinson & Elkins LLP.

  • July 23, 2026

    Meland Budwick Adds Real Estate Pro From Cozen O'Connor

    Meland Budwick PA has bolstered its real estate and corporate group in Miami with the addition of a partner from Cozen O'Connor.

  • July 23, 2026

    Bar Works Fraudster Gets More Prison Despite Cooperation

    A Manhattan federal judge on Thursday tacked on more time behind bars for the architect of the $57 million Bar Works shared office space investment Ponzi scheme, expressing concern that the Englishman has the potential to reoffend despite cooperating against four co-conspirators.

  • July 23, 2026

    Kirkland, White & Case Guide Brookfield's $7B Aypa Buy

    Brookfield Asset Management has agreed to acquire Aypa Power from funds managed by Blackstone Energy Transition Partners in a deal valuing the battery storage developer at about $7 billion, with Kirkland & Ellis LLP and White & Case LLP advising.

  • July 23, 2026

    REIT Segro Backs 'Best And Final' £14B Bid By Prologis

    Segro has thrown its support behind a fourth takeover approach from Prologis, a U.S. real estate investment trust, which would value it at £14 billion ($18.7 billion).

  • July 22, 2026

    Lenders, Borrowers Get Creative In Forbearance Negotiations

    As the wave of commercial real estate maturities continues to grow, lenders are using negotiations with borrowers seeking more time to strengthen their position and avoid lengthy foreclosures.

  • July 22, 2026

    NY Castle Owner Says Sale Efforts Justify Ch. 11

    The entity behind a century-old castle on the Gold Coast of New York's Long Island has defended its Chapter 11 case against a dismissal motion from the U.S. Trustee's Office, arguing the estate was not losing value and that it was making progress toward a sale.

  • July 22, 2026

    Fannie Mae Drops $28M Suit Over Senior Living Loans Default

    Fannie Mae has voluntarily dropped the remaining claims in its lawsuit accusing borrower Affinity Living Communities of defaulting on $28.3 million worth of loans from the government-backed lender, telling the court the appointed receivership had achieved its purpose.

  • July 22, 2026

    Real Estate Investors' Latest Craze? Truck Parking Lots

    Many people don't like them because they're an eyesore, but truck terminals and container yards have become coveted assets for real estate investors, partly because of how hard it is to develop more of them.

  • July 22, 2026

    Blackstone, Wellington And Vanguard Debut Investment Funds

    Blackstone, Wellington Management and Vanguard have established two new closed-end investment funds that are initially going to open to Merrill and Bank of America Private Bank's clientele, the three companies announced on Wednesday.

  • July 22, 2026

    Ga. Partnership Disputes Denial Of $6M Easement Deduction

    The Internal Revenue Service improperly denied a Georgia partnership a $6 million charitable contribution deduction it claimed for the donation of a conservation easement, the partnership told the U.S. Tax Court, disputing the agency's assertion of an income tax underpayment and penalties.

  • July 22, 2026

    Burr & Forman Adds Real Estate Partner From Byrd Campbell

    Burr & Forman LLP announced Wednesday that it has grown its real estate capabilities in Tampa, Florida, with the addition of a partner from Byrd Campbell PA.

  • July 22, 2026

    Paul Hastings, Sidley Guide Data-Center Co.'s $4B SPAC Deal

    Artificial intelligence infrastructure company TECfusions reached a $4 billion valuation in a Wednesday deal guided by Sidley Austin LLP and Paul Hastings LLP to go public using a blank check company.

  • July 21, 2026

    NJ Court Revives Challenge To Prom Season Motel Rental Limits

    A New Jersey appeals court on Monday revived a constitutional challenge to a municipal ordinance banning anyone under 21 from booking a hotel or motel room during prom and graduation season, giving Jersey Shore motel owners another chance to argue that the ordinance violates would-be hotel customers' constitutional rights, at least under the state constitution.

  • July 21, 2026

    Pa. Justices Reject Prior Case, End 'Open Fields Doctrine'

    The Pennsylvania Supreme Court on Tuesday issued stronger protections for private property owners, holding that the state's charter protects against an "open fields doctrine" that allows state game authorities to search a property without a warrant for game violations.

Expert Analysis

  • Data Center Construction Trends, Challenges In Ill. And Texas

    Author Photo

    Data centers in Illinois and Texas are reshaping the industrial landscape, but this growth brings legal complexity, so developers, contractors and corporate legal departments must have a deep understanding of each state's legal terrain and take a proactive approach to risk management, say attorneys at Hicks Johnson.

  • Definitions Of 'Waters Of The United States' Ebb And Flow

    Author Photo

    The issue of defining whether "waters of the United States" include streams and channels that sometimes have water and sometimes do not has been fraught since the U.S. Supreme Court's 2006 Rapanos decision, but a possible new rule may help property owners stay out of court, says Neal McAliley at Carlton Fields.

  • Texas Property Law Complicates Financing And Development

    Author Photo

    A new Texas law imposing expansive state-level restrictions on properties owned by entities from designated countries creates a major obstacle for some lenders, developers and other stakeholders, as well as new diligence requirements for foreign companies, say attorneys at Pillsbury.

  • How Bankruptcy Law Caps Landlords' Rejected Lease Claims

    Author Photo

    With corporate bankruptcy filings for the first half of the year at a 15-year high, landlords should be prepared for commercial tenants to use the bankruptcy process to reject unwanted leases in order to lessen corporate footprints and improve liquidity, say attorneys at Mintz.

  • Annual Report Shows CFIUS Extending Its Reach In 2024

    Author Photo

    The recently released 2024 annual report from the Committee on Foreign Investment in the United States reveals record civil penalties and enhanced internal capabilities, illustrating expanding jurisdiction and an increasing appetite for enforcement actions, says Nathan Fisher at StoneTurn.

  • Navigating The New Playbook For SBA 504 Loans

    Author Photo

    As the U.S. Small Business Administration 504 loan program’s relevance grows amid climbing foreclosure activity, regulatory changes and a notable ruling from the Eighth Circuit are reshaping origination and workout strategies, highlighting the need for a national framework to improve resolutions, protect recoveries and support small businesses, says Casey Sieck at Day Pitney.

  • Assessing Strategies For Mixed-Use Pro Sports Projects

    Author Photo

    Counsel managing mixed-use sports and entertainment districts must combine expertise ranging from stadium-arena finance to municipal law to public relations into a unified strategy, and a series of practice tips can aid project management from inception to completion, say attorneys at Katten.

  • 4 Questions For Insureds To Overcome Flood Exclusions

    Author Photo

    In a year of record flash flooding in the U.S., affected policyholders, who may assume that their policy's flood exclusion precludes recovery for losses, should look to the many factually and legally nuanced cases presenting pathways to coverage, says Micah Skidmore at Haynes Boone.

  • Opportunity Zone Overhaul Is Good News For Investors

    Author Photo

    Recently enacted reforms making the qualified opportunity zone program permanent, restoring the basis step-up for capital gains and adding flexibility to the zone designation process enhance the program’s appeal for long-term investment, says Steven Hadjilogiou at McDermott.

  • Texas High Court Decision Could Reshape Contract Damages

    Author Photo

    The Texas Supreme Court recently held that an order of specific performance for a real property transaction doesn't preclude a damage award, establishing a damages test for this scenario while placing the onus on lower courts to correctly determine the proper remedies and quantum of damages, say attorneys at Fried Frank.

  • Navigating The Complexities Of NYC Waterfront Development

    Author Photo

    More than a dozen city, state and federal agencies share oversight of New York City's waterfront, presenting developers and their counsel with both challenges and opportunities to shape the regional and national economy, say attorneys at HSF Kramer.

  • A Guide To Army Corps Appeals As Wetlands Definition Shifts

    Author Photo

    Two years after the Supreme Court's Sackett decision, the definition of federal wetlands is about to change again, making it an apt time to review the process by which developers can appeal an Army Corps of Engineers jurisdictional determination, says Bryan Peeples at Pender & Coward.

  • New NY Residential Real Estate Rules May Be Overbroad

    Author Photo

    New legislation imposing a 90-day-waiting period and tax deduction restrictions on certain New York real estate investors may have broad effects and unintended consequences, creating impediments for a wide range of corporate and other transactions, says Libin Zhang at Fried Frank.