Commercial

  • July 01, 2026

    Race Is On As California Housing Zoning Mandate Is Now Law

    A California law that took effect Wednesday and aims to increase housing near transit hubs has many cities up and down the state scrambling as they wait to hear back on their proposals for exemptions or exclusions.

  • July 01, 2026

    Atty-Turned-Developer Helped Add Teeth To Fla. Housing Law

    Amendments to Florida's landmark Live Local Act, signed into law Friday, could make it harder for municipalities to discriminate against affordable-housing projects. Lawyer-turned-developer Michael Wohl, who lobbied for changes to the law after years of litigation, explained why he thinks the new provisions could make a big difference in Florida’s efforts to improve housing affordability.

  • July 01, 2026

    San Francisco Gets State's OK For Housing Plan

    The California Department of Housing and Community Development gave the city of San Francisco the green light Wednesday for its plan to implement a new housing zoning law, Law360 can exclusively report.

  • July 01, 2026

    DHS Proposes 'Major Revisions' To EB-5 Investor Program

    The U.S. Department of Homeland Security's bid to overhaul the EB-5 investment visa program targets fraud and national security threats, expands DHS authority and adds protections for good-faith investors, among other "major revisions," according to a soon-to-be-published proposed rule.

  • July 01, 2026

    Latham, Jones Day Guide $6B Hyperscale Data Center JV

    Realty Income Corp., Cloud Capital and others have formed a hyperscale data center joint venture, advised by Latham & Watkins LLP and Jones Day, that's already agreed to acquire three Northern Virginia data center assets that are worth more than $6 billion, the companies announced. 

  • July 01, 2026

    3 NJ Bills On Data Center Regulation Sent To Governor

    The New Jersey Senate and the state's General Assembly recently passed three data center regulation bills that will be considered by Gov. Mikie Sherrill.

  • July 01, 2026

    Calif. Judge Sends $2M Cannabis Land Dispute To Arbitration

    A Los Angeles County judge has hit pause on a $2.2 million lawsuit accusing a cannabis company of misappropriating an investor's contribution after both sides agreed to take the case to arbitration.

  • July 01, 2026

    Aide To Ex-NYC Mayor Cites 'Glaring Holes' In Bribery Case

    An attorney for Frank Carone, the former chief of staff to former New York Mayor Eric Adams, on Wednesday said there are "glaring holes" in the indictment alleging Carone took bribes from a hotel owner in exchange for a multimillion-dollar migrant housing contract. 

  • July 01, 2026

    Judge To Approve $40M Sale Of Texas A&M Data Center

    A Texas bankruptcy judge said Wednesday that he would approve a sale of a data and research center affiliated with Texas A&M University, RELLIS Campus Data and Research Center LLC, to AI software company ThisWay Global Inc. for $40 million.

  • July 01, 2026

    Chinese Investors Say Wash. EB-5 Developer Misused Funds

    Chinese investors have filed a RICO Act lawsuit in Washington federal court, alleging that developers of a partially completed mixed-use project on a former copper smelter Superfund site along Puget Sound misused funds from their $39 million investment in the venture and let it fall into default.

  • July 01, 2026

    Pa. Court's Verizon Tower Approval Comes With New Test

    A Pennsylvania appellate court Wednesday set new standards for wireless providers like Verizon to seek local zoning variances, upholding approval of a Lehigh County cell tower while throwing out old Federal Communications Commission guidance on interpreting the Telecommunications Act of 1996.

  • July 01, 2026

    Genesis Beats JV Partner's Challenge To $1B Sale In Ch. 11

    A Texas bankruptcy judge has rejected an objection to Genesis Healthcare's $1 billion sale of its 175 nursing homes, ruling that a joint venture partner cannot scuttle the deal by invoking a partnership agreement for a Maryland nursing home.

  • July 01, 2026

    Kirkland Guides $10.2B Starwood Opportunistic RE Fund

    Starwood Capital Group, advised by Kirkland & Ellis LLP, has closed an opportunistic real estate fund after raising more than $10.2 billion from over 300 investors from 20 countries, a representative for the private investment firm stated Wednesday.

  • July 01, 2026

    Treasury Opens Opportunity Zone Designation Cycle

    The U.S. Treasury Department opened the nomination process Wednesday for locations to be designated eligible for the revamped opportunity zone tax incentive, which the 2025 budget law made permanent and enhanced for rural communities.

  • July 01, 2026

    Kroger Inks $1.65B Giant Eagle Deal With Planned Divestitures

    The Kroger Co. said Wednesday it will acquire regional grocer Giant Eagle in a deal worth $1.65 billion, with Jones Day advising Kroger and Giant Eagle tapping WilmerHale as lead counsel and Troutman Pepper Locke LLP as local counsel.

  • June 30, 2026

    Catholic Group's Land Use Case Headed Back To 6th Circ.

    A Michigan federal judge on Monday refused to reconsider her denial of partial summary judgment for Catholic Healthcare International in its land use suit over Genoa Township's denial of a permit for a religious campus but certified the denial for immediate interlocutory appeal to the Sixth Circuit in an effort to accelerate resolution of the long-running litigation.

  • June 30, 2026

    Office Snapshot: Hogan Lovells Set To Reclaim Turf In Boston

    Amid Hogan Lovells' rapid growth in multiple practice areas and ahead of its merger with Cadwalader Wickersham & Taft LLP, the firm has expanded its downtown Boston office to include space for more than a dozen additional attorneys.

  • June 30, 2026

    Buchalter Real Estate Partner Joins Holland & Knight In LA

    Holland & Knight LLP announced that an experienced real estate finance attorney who most recently practiced at Buchalter PC has joined the firm's Los Angeles office as a partner.

  • June 30, 2026

    SpaceX, Feds Say Texas Is Proper Venue For Land Swap Suit

    A D.C. federal court on Tuesday ordered expedited briefing over motions by SpaceX and the U.S. Fish and Wildlife Service seeking to transfer to the Southern District of Texas a lawsuit from environmental groups challenging their land-exchange deal there.

  • June 30, 2026

    Gordon Rees Adds 8 Partners In Northern California

    Gordon Rees Scully Mansukhani LLP has expanded its offices in Northern California with eight new partners who have expertise in multiple practice areas, a firm spokesperson told Law360 Pulse on Tuesday.

  • June 30, 2026

    ICE Scraps Plan For NJ Immigrant Detention Center

    The U.S. Department of Homeland Security and U.S. Immigration and Customs Enforcement have decided to cancel plans to convert a New Jersey warehouse into a 1,500-bed immigrant detention center, according to a joint status report filed in federal court, saying the property will instead be sold.

  • June 30, 2026

    NYC Real Estate Week In Review

    Keusch Law and Goldberg Weprin are among the law firms that assisted with the largest New York City real estate deals that became public last week, with a pair of Manhattan trades above $100 million leading the list.

  • June 30, 2026

    Digital Realty Pays $3.5B For Blackstone Data Center Shares

    Digital Realty, represented by Latham & Watkins LLP, will pay $3.5 billion to acquire a stake in three Blackstone data centers fully leased to hyperscalers in northern Virginia, according to an announcement from the companies.

  • June 29, 2026

    California Asks Court To Halt 'Catastrophic' ICE Facility

    The state of California and Santa Clara County told a California federal court to block the federal government and a real estate investment firm from going forward with an immigrant detention facility allegedly planned for a 24.5-acre site, saying it would cause "significant and potentially catastrophic environmental and public health harms."

  • June 29, 2026

    Bonaventure Raises $54M For Va. Multifamily Communities

    Bonaventure has closed two fully subscribed Delaware Statutory Trust offerings for two Class A Virginia multifamily communities with over $54 million raised, the multifamily investment firm announced on Monday.

Expert Analysis

  • 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.

  • 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.