Commercial

  • August 05, 2026

    CREXi Wants 9th Circ. To Undo Quinn Emanuel CoStar Row DQ

    Commercial Real Estate Exchange Inc. doesn't want to replace Quinn Emanuel Urquhart & Sullivan LLP after a California federal judge disqualified the firm from defending a copyright infringement suit by CoStar, seeking Ninth Circuit intervention and a pause on the district court case.

  • August 05, 2026

    CoreCivic Continues ICE Sales Streak With $734M In Deals

    CoreCivic announced Wednesday that it has sold two detention facilities to U.S. Immigration and Customs Enforcement for a combined $734 million, adding to the company's recent run of deals with the federal government.

  • August 05, 2026

    Texas Governor Calls For Data Center Audit

    Texas Gov. Greg Abbott told the Public Utility Commission of Texas and the Electric Reliability Council of Texas to audit any data centers that are going through ERCOT's electric grid interconnection process, saying that an audit is needed because the demand from data centers seeking to connect to Texas' electric grid could overwhelm it.

  • August 05, 2026

    Summer Camps Draw $440M Through Bids, Sales In Ch. 11

    Bankrupt summer camp operator SIMAD Holdings stands to reap $440 million so far from the sale of 27 of its camps, including a $120.75 million winning bid for the "crown jewel" property in a wealthy New York City suburb.

  • August 05, 2026

    REITs Bullish On Senior Housing But Wary Of Labor Costs

    A trio of real estate investment trusts that reported quarterly earnings over the past week are bullish on the senior housing sector, although companies are also keeping an eye on the rising cost and availability of labor.

  • August 05, 2026

    Casino REITs Assess Operator Take-Privates And IGaming

    Executives at casino-focused real estate investment trusts VICI Properties and Gaming and Leisure Properties spoke to analysts about potential take-private deals for major casino operators and the impact of internet gaming and prediction markets on the casino sector, as they face significant ties to possible upcoming transactions.

  • August 05, 2026

    Cerberus, Yondr Get 40 Acres For Va. Hyperscale Data Center

    Alternative investment firm Cerberus Capital Management LP's affiliates and funds partnered with hyperscale data center company Yondr Group to acquire 40 acres of land in Manassas, Virginia, for their upcoming 72-megawatt hyperscale data center campus, the two companies jointly announced.

  • August 05, 2026

    Ball Janik Expands Tampa Office To Meet Client Demand

    Florida boutique Ball Janik LLP has moved its Tampa office to a space that is four times larger, a move that comes after the firm opened the location in late 2024.

  • August 05, 2026

    Rising Star: Clifford Chance's Jon Newman

    Jon Newman of Clifford Chance LLP has advised PIMCO as a purchaser in a $27 billion private securities offering to fund a data center in Louisiana and as a lender in a separate $16 billion deal to finance a data center in Michigan, scoring him a spot among the real estate law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 05, 2026

    Rising Star: Akin's Hayden Harms

    Hayden Harms of Akin Gump Strauss Hauer & Feld LLP played a key role on the teams that advised Excelsior Energy Capital on deals supporting domestic clean energy infrastructure, including an agreement to acquire 2 gigawatts of photovoltaic modules, earning him a spot among the construction law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 05, 2026

    Walker & Dunlop Lines Up $137M Brooklyn Multifamily Refi

    Walker & Dunlop Inc. has lined up a three-year, $137.5 million floating-rate loan that will refinance a mixed-use, 240-unit Brooklyn multifamily building that was completed in October, the commercial real estate financier announced.

  • August 04, 2026

    UMB Bank Suit Over Failed Hard Rock Hotel Headed To Trial

    UMB Bank NA's lawsuit over a failed $80 million development of a Hard Rock hotel and events center in Kansas is set to proceed to trial, with a federal judge holding that the suit asserts triable issues regarding whether some of the defendants shared a common purpose to defraud and to participate in a fraudulent enterprise. 

  • August 04, 2026

    JLL Sets Up $213M PGIM Loan For Industrial Portfolio

    JLL Capital Markets has secured a $213 million "cross-collateralized" loan, provided by global asset manager PGIM Real Estate, for an eight-property, 2.2 million-square-foot Class A industrial portfolio, the commercial real estate services company announced.

  • August 04, 2026

    Prologis REIT Prices $2.1B Stock Offering To Back Segro Buy

    San Francisco-based real estate investment trust Prologis on Tuesday priced a $2.1 billion public stock offering to support its recently accepted £14 billion ($18.8 billion) takeover offer of U.K. REIT Segro.

  • August 04, 2026

    Summer Camp Owner Can't Find Atty, Mulls Nixing Ch. 11

    One of the brothers behind the insolvent summer camp empire of SIMAD Holdings told the New Jersey bankruptcy court Tuesday his personal Chapter 11 case should be dismissed because he was so deep in debt that creditors stood to receive less than one cent on the dollar even if everything he owned was liquidated.

  • August 04, 2026

    Developer Sunk $10.5M Into Contaminated Land, NC Suit Says

    An environmental consulting company allegedly failed to warn a real estate developer that property in North Carolina was contaminated with dry-cleaning chemicals until after the developer sunk $10.5 million into trying to develop the land, according to a state Business Court lawsuit.

  • August 04, 2026

    Catalyst, Nuveen Form $400M Healthcare Real Estate Venture

    Catalyst Healthcare Real Estate and investment management firm Nuveen have linked up for a joint venture that will inject $400 million worth of equity into the medical property developer's pipeline of upcoming projects, the companies said Tuesday.

  • August 04, 2026

    Real Estate Lawyers On The Move

    Venable and BrownWinick are among the law firms that have made recent real estate or construction hires.

  • August 04, 2026

    Benesch Adds 20-Atty Team From Reed Smith, Opens In Miami

    Benesch Friedlander Coplan & Aronoff LLP has hired a 20-attorney real estate finance and structured finance team from Reed Smith LLP, supporting the launch of a new Miami office, bolstering its New York presence and establishing a structured-finance platform at the firm.

  • August 04, 2026

    Nelson Mullins Adds Alston & Bird Finance Atty In Texas

    Nelson Mullins Riley & Scarborough LLP has brought on an Alston & Bird LLP partner in its Dallas office, bolstering the firm's expertise in commercial real estate finance and structured finance matters.

  • August 04, 2026

    2 Firms Guide $238M Times Square Office Buy

    Private equity real estate firm Sentry Realty paid more than $238 million to buy a Times Square commercial office building from L.H. Charney Associates Inc. in a deal guided by Fried Frank Harris Shriver & Jacobson LLP and Cole Schotz PC, according to documents filed with New York City's Department of Finance.

  • August 04, 2026

    REIT Segro Accepts £14B Linklaters-Backed Prologis Offer

    The board of U.K. REIT Segro said Tuesday it has agreed to a £14 billion ($18.8 billion) share offer from U.S. rival Prologis, with a partial cash alternative, in a deal that will list the enlarged group in London.

  • August 03, 2026

    Pot Investor Says Partners Diverted $1.1M In Grow Site Funds

    Three entrepreneurs face claims they misused $1.1 million in seed money meant to launch a Merced, California, cannabis cultivation facility, according to a lawsuit filed by an investor who says the grow site never materialized and the funds were diverted for personal use.

  • August 03, 2026

    Samsung Unit, Mousterian Ink US Floating Data Center Deal

    Shipbuilder Samsung Heavy Industries Co. Ltd. and Mousterian Corp. Inc. have signed an engineering agreement for their first moored U.S. floating data center project, the two companies announced Monday.

  • August 03, 2026

    Data Centers Spur Nonresidential Spending, Trade Group Says

    The number of data centers being built is partially responsible for a 0.1% increase in U.S. nonresidential construction spending in June, the trade group Associated Builders and Contractors, which analyzed U.S. Census Bureau data, announced Monday.

Expert Analysis

  • Texas Ruling Makes Avoiding Appraisal Nearly Impossible

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    By deciding that a coverage dispute doesn't nullify an appraisal clause, the Texas Supreme Court, in its recent Ace American Insurance ruling, makes appraisal nearly unavoidable in state personal auto and residential property disputes, says David Winter at Norton Rose.

  • Data Center Developer Lessons From Maine's Vetoed Ban

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    The regulatory and political dynamics that recently led Maine’s governor to veto a popular bipartisan bill proposing a temporary data center development ban offer a useful template that developers can use to help their projects survive other states' attempts at moratoriums, say attorneys at Thompson Hine.

  • Legal Risks Rise As Construction-Site Drone Use Soars

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    Construction companies using drones face mounting legal risks as Federal Aviation Administration compliance requirements tighten, remote identification capabilities expand and proposed rules move toward organizational accountability, making it crucial to update contracts, schedules, safety protocols and data-governance practices now to avoid future liability, say attorneys at Cozen.

  • Assessing Material Adverse Event Clauses Amid Iran Conflict

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    As deals signed before the current Middle East conflict come under pressure, determinations over material adverse effect clauses are arising in real time, and whether an MAE has been wrongfully invoked may be as consequential as whether it was validly established in the first place, say Amran Nawaz and Ralph Stobwasser at Secretariat.

  • AI Data Center Boom May Spur Wave Of Toxic Tort Suits

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    Nascent litigation matters against data center operators, set against limited government regulation and a growing body of public health research, suggests we may be on the cusp of an era of mass toxic tort claims, with a liability framework firmly rooted in precedent from other industries, says Benjamin Heller at RFZ Law.

  • How Data Center Accounting May Draw Enforcement Scrutiny

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    As public and media scrutiny of the data center industry intensifies, regulators, enforcement authorities and Congress will likely focus on accounting judgments that rely on aggressive assumptions, opaque financing structures or rapidly evolving collateral classes, heightening the risk of investigations and inquiries, say attorneys at King & Spalding.

  • NY's Growing Enviro Reg Framework Will Transform Projects

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    Three closely connected environmental rulemakings in New York state — concerning greenhouse gas reporting, remediation standards and amendments to the State Environmental Quality Review Act — have reached critical stages, and taken together, they will have major impacts on business operations, construction project timelines and transactional risk, say attorneys at Holland & Knight.

  • What's At Stake For Employers In Fight Over Visa Pause

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    For employers that rely on foreign talent, the Trump administration’s suspension of immigrant visa issuance for the nationals of 75 countries is creating practical problems, and a recently filed lawsuit challenging the pause could determine whether consular processing, for some, ceases to be an individualized process, says attorney Lisa Eisenberg.

  • 8 Reasons To Consider Maryland As A 'DExit' Option

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    While Nevada and Texas have garnered the most attention as alternative states of incorporation for companies considering leaving Delaware, Maryland offers considerable benefits too, including a predictable statutory framework, robust anti-takeover protections, sophisticated business courts with decades of experience, and more, say attorneys at Miles & Stockbridge.

  • Small And Midsize Business Finance Faces More State Regs

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    Recent developments in state credit disclosure, consumer debt collection, and lender licensing and registration requirements suggest that companies extending financing to small and midsize businesses are likely to encounter a significantly more stringent legal climate moving forward, say attorneys at Manatt.

  • How Courts Are Clashing Over FinCEN Real Estate Rule

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    A Texas federal court's recent decision in Flowers v. Bessent has vacated the Financial Crimes Enforcement Network's anti-money laundering rule for residential real estate transfers, but significant uncertainty remains due to the ruling's direct conflict with other recent federal court decisions, say attorneys at Katten.

  • What DOL Proposal Signals For 401(k)s, Alternative Assets

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    The U.S. Department of Labor recently published a highly anticipated proposed rule that could establish more defined pathways for 401(k) plan fiduciaries to consider investment options with greater alternative asset exposure, and help fund sponsors and investment managers develop such options, say attorneys at Cleary.

  • Legal And Regulatory Keys To Sustainable Building Projects

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    While the federal government continues to roll back environmental regulations, market momentum toward high-performance, energy-efficient commercial real estate as a defining driver of long-term value remains robust — so developers should understand how applicable standards and regulatory frameworks will affect projects, say attorneys at CGS3.