Commercial

  • June 16, 2026

    Landlord Says $158K Fine Over Alleged Pot Growing Illegal

    The city of Fresno, California, imposed an "excessive fine" for what it claimed was marijuana cultivation and allowed the plants to be destroyed before a landlord could challenge its finding, he contended in a federal lawsuit, saying he had no idea his tenant was allegedly growing cannabis.

  • June 16, 2026

    Connecticut Owner Barred From Razing 1835 Captain's House

    At Connecticut's request, a state judge has briefly barred a property owner from demolishing a nearly 200-year-old house, giving the parties time to argue whether longer-lasting protections are warranted after the state sought to include the building in a proposed historic district.

  • June 16, 2026

    Research Credit OK'd In 4 Of 6 Middle East Building Projects

    Owners of an Illinois architectural firm that undertook six building projects in the Middle East may be eligible to claim research credits for four of the projects because the firm retained substantial rights under those contracts, the U.S. Tax Court held Tuesday.

  • June 16, 2026

    Mich. Township Says Man Admitted Church Wasn't His

    A west Michigan township accused of illegally demolishing a historic church is asking a federal judge not to allow a town resident to amend his complaint alleging the property belonged to him, arguing the plaintiff previously admitted that the church did not belong to him.

  • June 16, 2026

    Skadden Adds Investment Management Trio In DC, Abu Dhabi

    Skadden Arps Slate Meagher & Flom LLP has hired three former lawyers from Akin Gump Strauss Hauer & Feld LLP who will work with investment management clients in Abu Dhabi and Washington, D.C., according to a Tuesday announcement.

  • June 16, 2026

    Red Rock Resorts Picks Campbell & Williams Boss As New GC

    Red Rock Resorts Inc. has hired the co-founder of Las Vegas-based boutique law firm Campbell & Williams as its new general counsel and executive vice president, according to the holding company's Form 8-K filing.

  • June 16, 2026

    Colo. Justices Say PUD Pacts Can't Be Changed By Ballot

    Planned unit development agreements are administrative matters that must be changed through the statutory amendment process, not by citizen initiative, the Colorado Supreme Court ruled, blocking a bid by a property owner and local petitioners to put a Telluride PUD change before voters.

  • June 16, 2026

    Justices' Penalty Ruling Won't Sink Tax Case, 5th Circ. Told

    The U.S. Supreme Court's recent decision upholding federal agency fines without a jury trial doesn't undermine a challenge against IRS penalties tied to a charitable tax deduction for a Louisiana conservation easement contribution, the partnership donor told the Fifth Circuit.

  • June 16, 2026

    Building's $108M Taxable Value Too High, Minn. Justices Told

    A Minnesota office building was overvalued at $108 million, its owner told the state Supreme Court, challenging the state tax court's reconciliation of competing appraisers' conclusions and other matters.

  • June 16, 2026

    Gunster Adds Former Fla. Agricultural Water Policy Leader

    The former director of agricultural water policy at the Florida Department of Agriculture and Consumer Services has entered private practice at Gunster in Tallahassee, the firm announced Monday.

  • June 16, 2026

    Calif. Fraudster Gets 13 Years For Fake NYC Law Firm Scam

    A Manhattan federal judge sentenced a California fraudster to 13 years in prison Tuesday for impersonating prosecutors and a law firm as he defrauded a New York City architectural business, capping a 20-year career of "duplicity, theft and dishonesty."

  • June 16, 2026

    3 Firms Advise Vornado's $1.1B NYC Office Interest Stake Deal

    Vornado Realty Trust has wrapped up its $1.1 billion purchase of a 49% interest stake for a 45-story New York City office tower in a transaction that was guided by Sullivan & Cromwell LLP, Herbert Smith Freehills Kramer and Paul Hastings LLP.

  • June 16, 2026

    London REIT Rebuffs Glenstone's £56M Takeover Offer

    Commercial property company Alternative Income REIT PLC urged its shareholders Tuesday not to take any action in response to a takeover offer of approximately £56.4 million ($75.6 million) by its largest shareholder Glenstone REIT PLC.

  • June 16, 2026

    Consortium Outlines Terms Of £403M Picton Property Deal

    LondonMetric Property PLC and a unit managed by asset manager Schroders said Tuesday they are continuing discussions over an all-share acquisition of Picton Property Income Ltd., a U.K. real estate investment trust.

  • June 15, 2026

    Chancery Cuts Claim Over FNF Chair's $50M Equity Award

    The Delaware Chancery Court has narrowed a stockholder derivative lawsuit challenging compensation decisions at Fidelity National Financial Inc., dismissing claims tied to a $50 million equity award for Chairman William P. Foley while allowing claims over directors' self-approved compensation packages to move forward.

  • June 15, 2026

    Ventas GC Plans Departure For Blackstone

    The general counsel of senior housing-focused real estate investment trust Ventas Inc. is planning to leave the company for a new job at Blackstone Inc., according to a Form 8-K filing posted on Monday.

  • June 15, 2026

    Venu Wants $80M Deal For Texas Venue's Parking Garage

    Venu Holding Corp. is trying to complete an $80 million sale-leaseback of a 20,000-seat outdoor amphitheater's parking garage located in McKinney, Texas, the company announced Monday.

  • June 15, 2026

    PE Giants Face Dem Scrutiny Over Data Center Investments

    U.S. Sen. Elizabeth Warren is seeking information from several major private equity firms about their involvement in artificial intelligence data center development and operations, saying the increasing number of data centers across the country is putting pressure on American families and driving up utility costs.

  • June 15, 2026

    NYC Real Estate Week In Review

    Fried Frank and Paul Weiss are among the law firms that landed work on the largest New York City real estate deals that hit public records last week, with a pair of nine-figure trades topping the list.

  • June 15, 2026

    REIT Shareholder Calls $480M Deal 'Theft Dressed In A Suit'

    The largest shareholder in luxury hotel owner Braemar Hotels & Resorts vowed legal action after the company last week unveiled a plan to cut ties with a business controlled by Braemar's board chair and to become self-managed — triggering a $480 million termination fee.

  • June 15, 2026

    How The 'Great Wealth Transfer' Will Impact Farmland

    The "great wealth transfer" is shaping up to be a major storyline for the next couple of decades as the Baby Boomers begin to pass their assets to the next generation. Tyler Davis, president at land brokerage Saunders Real Estate, recently spoke with Law360 Real Estate Authority about a generational shift taking place in farmland ownership and strategies owners might consider to avoid legal disputes and financial pitfalls.

  • June 15, 2026

    Tishman Speyer Buys $40M Mezz Loan On Midtown Tower

    Real estate investor Tishman Speyer said Monday that it has purchased a $40 million mezzanine loan from J.P. Morgan for part of One Dag Hammarskjöld Plaza, a Midtown office tower.

  • June 15, 2026

    CBRE Denies 'Biased' Valuation In Skyscraper Rent Fight

    Real estate investment giant CBRE has hit back at allegations that it had wrongly withheld rental income from the owner of the Finance Tower in Belgium on the basis of a "biased" valuation of the skyscraper obtained by lenders who pressured surveyors.

  • June 15, 2026

    NYC's Simry Realty Hits Ch. 11 In Midst Of Family Feud

    Simry Realty Corp., a company controlled by the Haruvi family that co-owns several apartment buildings in Manhattan, has filed for Chapter 11 protection in New York with up to $100 million in debt, saying a dispute with the daughter of developer Arthur Haruvi has blocked its reorganization and threatened its properties.

  • June 12, 2026

    Industrial REIT Fills 2 Key Vacancies In Indiana, Hawaii

    Industrial Logistics Properties Trust has signed leases for properties in Hawaii and Indiana totaling more than 2.7 million square feet, filling two of the real estate investment trust's largest portfolio vacancies, the REIT announced.

Expert Analysis

  • 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.

  • 11 Essential Questions When Reviewing Hurricane Insurance

    Author Photo

    As we approach peak hurricane season, business owners must understand critical coverage elements, policy limitations and claim procedures of their commercial property hurricane insurance policies to protect their operations effectively, says Carlton Wilde at Bracewell LLP.

  • 6 Questions We Should Ask About The Trump Trade Deals

    Author Photo

    Whenever the text becomes available, certain questions will help determine whether the Trump administration’s trade deals with U.S. trading partners have been crafted to form durable economic relationships, or ephemeral ties likely to break upon interpretive disagreement or a change in political will, says Ted Posner at Baker Botts.

  • Utilizing Rep And Warranties Insurance In CRE Transactions

    Author Photo

    With insurance and commercial real estate legal trends suggesting that representations and warranties insurance is likely to grow substantially in the next several years, CRE buyers and sellers should learn how such insurance can help resolve conflicting positions during transaction negotiations, say attorneys at Troutman.

  • Recent Decisions Caution Against Broad Indemnity Provisions

    Author Photo

    Two recent decisions in disparate jurisdictions are reminders that businesses and practitioners should be mindful of contractual indemnity rights and draft indemnity provisions that enhance the predictability of enforceability without being overly broad, says Gregory Jaske at Olshan Frome.

  • How Real Estate Funds Can Leverage Del. Statutory Trusts

    Author Photo

    Over the last two years, traditional real estate fund sponsors have begun to more frequently adopt Delaware Statutory Trust programs, which can help diversify capital-raising strategies and access to new sources of capital, among other benefits, say attorneys at Polsinelli.

  • What 9th Circ. Ruling Shows About Rebutting SEC Comments

    Author Photo

    The Ninth Circuit's June opinion in Pino v. Cardone Capital suggests that a company's lack of pushback to a U.S. Securities and Exchange Commission comment may be evidence of its state of mind for evaluating potential liability, meaning companies should consider including additional disclosure in SEC response letters, say attorneys at Barnes & Thornburg.