Commercial

  • June 25, 2026

    SpaceX Wants In On Suit Challenging Texas Land Swap Deal

    SpaceX has urged a federal court in Washington to let it intervene in a lawsuit from environmental groups opposing the company's south Texas land exchange deal with the U.S. Fish & Wildlife Service, noting its property interests are directly at stake.

  • June 25, 2026

    Easement Offers Have 'Rolling' Deadline, IRS Official Says

    The 90-day window that conservation easement partnerships will have to accept an IRS deal to settle their charitable tax deduction dispute is based on the date when the taxpayer receives its settlement letter with the latest offer, the agency's acting chief counsel said Thursday.

  • June 24, 2026

    SitusAMC's $5.3M Data Breach Deal Draws Judicial Scrutiny

    A New York federal judge is asking the plaintiffs suing real estate finance services firm SitusAMC over a 2025 data breach for additional information about the administration and public notice of their newly disclosed $5.3 million deal to resolve negligence and other claims stemming from the incident, saying the details are necessary for preliminary approval. 

  • June 24, 2026

    Attys Welcome Housing Bill But Say It's Not An Overnight Fix

    Attorneys focused on affordable housing say that bipartisan legislation to address housing affordability contains welcome tweaks to existing programs, but will not fundamentally change the market dynamics that place housing out of reach for many.

  • June 24, 2026

    Eric Adams' Ex-Chief Of Staff Charged In Bribery Scheme

    Frank Carone, a onetime chief of staff to former New York Mayor Eric Adams, took $120,000 in bribes to steer a multimillion-dollar contract to house migrants to a hotel owner, according to an indictment unsealed in Brooklyn federal court on Wednesday. 

  • June 24, 2026

    EPA Proposal Tightens Scope And Length Of NEPA Reviews

    The U.S. Environmental Protection Agency on Wednesday floated an overhaul of how it conducts environmental reviews that includes limiting the scope of what environmental impacts the agency considers and establishing a two-year deadline to complete reviews.

  • June 24, 2026

    Sun Communities Names Ex-SpartanNash Legal Chief As Its GC

    Sun Communities Inc. has hired the former chief legal and compliance officer of SpartanNash, a Fortune 400 food solutions company, as its new general counsel, the manufactured housing-focused real estate investment trust announced.

  • June 24, 2026

    Mich. Cannabis Co. Allowed To Fix Zoning Enforcement Suit

    Michigan cannabis dispensary chain Joyology was given an opportunity to clarify its lawsuit accusing a popular beach town of stifling its opportunity to open a location there through arbitrary zoning enforcement, after a federal judge punted on the municipality's bid to dismiss the suit.

  • June 24, 2026

    Investment Fund Hit With Class Action For Claimed $60M Loss

    Lack of oversight and transparency within a private investment fund resulted in the purported loss of nearly $60 million after a board member is said to have siphoned the money away, according to a putative class action filed in the North Carolina Business Court.

  • June 24, 2026

    Big Banks Clear Fed Stress Tests Amid Capital Rule Overhaul

    The Federal Reserve said Wednesday the nation's biggest banks have sufficient capital to withstand a severe recession, giving them passing marks in the latest round of stress tests as federal regulators work on a broader capital rule overhaul.

  • June 24, 2026

    Davis Polk Guides $480M NYC Office-To-Resi Financing

    An affiliate of private equity firm Yellowstone Real Estate Investments borrowed $480 million in construction financing for a Midtown Manhattan office-to-residential conversion project, in a loan transaction advised by Davis Polk & Wardwell LLP, the law firm announced.

  • June 24, 2026

    JPM's Construction Debt Grows As Wells Pulls Back By $1.6B

    JPMorgan's construction debt on the books rose in the first quarter while Wells Fargo continued to pare its construction debt holdings during the period, showing contrasting narratives for the nation's two biggest bank holders of construction debt.

  • June 24, 2026

    'Hard-Money' Lenders Guilty Of Stealing Upfront Fees

    A Manhattan federal jury convicted two Florida men of using their "hard-money" commercial real estate finance company to steal $18 million in upfront fees, after prosecutors said they defrauded developers to whom they never intended to extend loans.

  • June 24, 2026

    UK REIT Segro Rejects £12.6B Bid By Linklaters-Led Prologis

    Real estate investment trust Segro said Wednesday that it has rebuffed an unsolicited £12.6 billion ($16.6 billion) bid from Prologis, saying the approach was "opportunistically timed" as the U.S. company seeks access to the U.K. rival's data center business.

  • June 23, 2026

    KKR Unit Unveils Univ. Of Tennessee Mixed-Use Project

    Private equity firm Arctos Partners LP, a KKR unit, and its partners are working with the University of Tennessee, Knoxville on a mixed-use development that will include a private club, homes, a 24-story hotel and an entertainment area spanning 100,000 square feet, the companies announced Tuesday.

  • June 23, 2026

    Summer Camp Co. SIMAD's Ch. 11 Steered By Cole Schotz

    A quintet of partners from Cole Schotz PC is stewarding the Chapter 11 case of summer camp operator and real estate holding company.

  • June 23, 2026

    Nasser Freres Lands $375M For Jersey City Residential Tower

    Developer Nasser Freres has secured $375 million in financing from Madison Realty Capital to build an apartment tower with a grocery store in Jersey City, New Jersey, according to borrower-side broker Walker & Dunlop.

  • June 23, 2026

    Two Harbors Pushes Back CrossCountry Vote Again

    Two Harbors Investment Corp. has once again delayed its special shareholders vote for a transaction that involves mortgage lender CrossCountry Mortgage LLC acquiring the mortgage servicing-focused real estate investment trust in an all-cash deal, the REIT announced Tuesday.

  • June 23, 2026

    Maynard Nexsen Adds Real Estate Group Co-Chair In NC

    Maynard Nexsen PC has bolstered its capacity to handle commercial real estate matters by bringing on an attorney who co-chaired Smith Anderson's real estate group.

  • June 23, 2026

    Blackstone Buys $279M San Francisco Hotel From Sunstone

    Blackstone has agreed to buy the Hyatt Regency San Francisco from Sunstone Hotel Investors for $279 million, about $16.5 million more than what the lodging real estate investment trust paid for the property over a decade ago, according to a Tuesday announcement.

  • June 23, 2026

    4 Firms Advise Public Storage's $1.2B Acquisition Deal

    Public Storage will acquire Public Storage Canada in a $1.2 billion cash and shares deal guided by Wachtell Lipton Rosen & Katz, Torys LLP, Allen Matkins Leck Gamble Mallory & Natsis LLP and Osler Hoskin & Harcourt LLP, the self-storage owner announced.

  • June 23, 2026

    Office Snapshot: Summer Brings Move For Lathrop GPM In DC

    Lathrop GPM LLP is set to move its office in the nation's capital this summer, leaving the Watergate complex near George Washington University for a smaller space in a building just blocks from the White House.

  • June 23, 2026

    Justices Clear Path For Exxon Damages Claim In Cuba Case

    The U.S. Supreme Court found Tuesday that a federal law allowing U.S. victims of property seizures by the Cuban government to seek damages automatically abrogates the sovereign immunity of state-owned entities targeted in such cases, clearing a path for Exxon Mobil Corp.'s bid for some $1 billion in damages.

  • June 22, 2026

    Md. Voters Can't Weigh In On Data Center Zone, Judge Rules

    Voters in Frederick County, Maryland, will not be able to have a say on a data center development zone, a state judge ruled in an order docketed Monday, agreeing with developers that under the county's charter, an ordinance is not a law subject to referendum.

  • June 22, 2026

    Ex-CEO Says Credit Union Can't Seek $80K For Business Unit

    The ex-CEO of Sound Federal Credit Union asked a Connecticut state judge on Monday to dismiss portions of the credit union's two counterclaims asking him to return $80,000 for services he didn't perform because he was fired, saying it was not the correct party to bring such counterclaims.

Expert Analysis

  • 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.

  • 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.