Commercial

  • May 28, 2026

    SL Green Sells $175M NYC Office Stake To Japanese Builder

    Manhattan office landlord SL Green Realty said it has closed on the sale of a minority stake in its planned office tower at 346 Madison Ave. to Japanese developer Mori Building Co. for $175 million.

  • May 28, 2026

    Stoneshield Wraps €1.5B Opportunities Fund

    European investment firm Stoneshield Capital on Thursday revealed that it closed its fourth opportunities fund after securing €1.5 billion ($1.75 billion) in total capital commitments.

  • May 28, 2026

    3 Firms Advise On $176M Luxury Colo. Mountain Resort Deal

    Global investment firm Sixth Street Partners has paid $176 million to buy a luxury 193-key Beaver Creek, Colorado, mountain resort in an acquisition deal guided by Latham & Watkins LLP, Brownstein Hyatt Farber Schreck and Jackson Walker LLP.

  • May 28, 2026

    Newmark Executives Say Fellow Leader Pushed Them Aside

    Two capital markets executives at major commercial real estate adviser Newmark claimed in Massachusetts state court that the company and one of its top executives undermined them and cheated them out of commission payments.

  • May 28, 2026

    Tenn. Allows Property Tax Refund Installments As Credits

    Tennessee authorized counties and municipalities to pay property tax refunds via installments applied as future credits if taxpayers agree to such arrangements under a bill signed by the governor.

  • May 28, 2026

    3 Firms Guide Rental Property Software Co. Entrata's IPO Plan

    Rental property management software company Entrata filed for an initial public offering with advice from Wilson Sonsini Goodrich & Rosati PC, Latham & Watkins LLP and Ropes & Gray LLP, saying its revenue grew 23% in the first three months of 2026 compared to the same period last year.

  • May 28, 2026

    4 Firms Steer Fertitta's $17.6B Caesars Entertainment Buy

    Caesars Entertainment has agreed to be sold to Fertitta Entertainment in an all-cash transaction valued at approximately $17.6 billion, including debt, in a deal steered by four law firms, the companies announced Thursday. 

  • May 27, 2026

    Inside The Tireless Lives Of Data Center Attorneys

    Representing major players in the data center industry calls for a certain kind of lawyer: one who can work under significant pressure, handle public scrutiny and labor on until the sun rises.

  • May 27, 2026

    Bestar Landlord Opposes Ch. 15 Recognition Over Lease

    A landlord for a New York location of bankrupt furniture retailer Bestar told a Delaware court late Tuesday that the debtor's Chapter 15 recognition motion should be denied because the company has continued to use the store despite the lease being terminated prior to the bankruptcy.

  • May 27, 2026

    Genesis Says JV Partner Can't Block Ch. 11 Sale

    Bankrupt nursing home operator Genesis Healthcare Inc. on Wednesday defended its $1 billion planned asset sale from a joint venture partner's objection, contending it could not assert its right of first refusal for bids on one facility to halt the transaction.

  • May 27, 2026

    NJ, Pa. Move For New Data Center Development Standards

    State officials in New Jersey and Pennsylvania on Wednesday rolled out proposed restrictions on data centers, with each state looking to require developers to account for power usage, adhere to new transparency requirements and agree to provide community benefits to construct projects.

  • May 27, 2026

    Bain Capital, 11North Buy 5 Retail Centers In $300M Deal

    Private equity giant Bain Capital and 11North Partners have bought five open-air shopping centers for $300 million in a joint venture agreement, the firms announced Wednesday.

  • May 27, 2026

    South Street Partners Buys South Florida Condo Hotel Resort

    South Street Partners has picked up a condo hotel resort in Sunny Isles Beach, Florida, from Mast Capital, according to an announcement from the private equity firm.

  • May 27, 2026

    SEC Change Would Ease Nontraded REITs' State Headache

    Tucked inside the U.S. Securities and Exchange Commission's 500-page regulatory proposal to ease capital formation in the public markets are consequential changes for nontraded real estate investment trusts.

  • May 27, 2026

    Investor Accuses FNB Of Forcing Pittsburgh Tower Takeover

    An investor in Pittsburgh's FNB Financial Center claims in a lawsuit filed in Pennsylvania state court that the new tower's namesake tenant sabotaged filling out the office space and suppressed rent revenue in order to keep a $28 million loan from converting to equity, and using that loan to buy out the other investors.

  • May 27, 2026

    NYC Real Estate Week In Review

    Goulston & Storrs and Fried Frank are among the law firms that picked up work on the largest New York City real estate deals that hit public records last week, with a foreign investor deal topping the list.

  • May 27, 2026

    Michigan Residents Sue AI Data Center Over Alleged 24/7 Noise

    Two western Michigan residents have filed a proposed class action accusing the operator of a data center used for artificial intelligence and bitcoin mining of subjecting nearby homeowners to constant industrial noise, claiming it disrupts daily life and reduces property values.

  • May 27, 2026

    6 Firms Build DigitalBridge's $1.05B ArcLight Buy

    Digital infrastructure-focused asset manager DigitalBridge Group Inc. on May 27 announced plans to acquire power and electric infrastructure-focused investor ArcLight Capital Partners in a $1.05 billion deal built by six law firms.

  • May 27, 2026

    Tarter Krinsky & Drogin Expands With Miami Office

    Tarter Krinsky & Drogin LLP said it has opened up shop in Miami in response to the growing importance of the South Florida market in multiple industries.

  • May 27, 2026

    Massachusetts Data Center Sued Over 'Pervasive' Hum

    The "loud, annoying and pervasive" hum from a recently expanded data center in Massachusetts is trapping people in their homes, unable to enjoy their yards or leave windows open and keeping them awake at night, neighbors say in a proposed class action filed Wednesday in state court.

  • May 26, 2026

    Bridge Stockholders Say They Were Stiffed In Apollo Deal

    A group of Bridge Investment Group Holdings Inc. investors has filed a proposed class action against a handful of the company's executives and directors, claiming that the firm's stock-for-stock merger with Apollo Global Management Inc. led to big gains for Bridge's controlling stockholders that weren't shared with public, minority stockholders.

  • May 26, 2026

    NY Lawyer Gets A Year After $20M Emigrant Bank Fraud Trial

    A compliance lawyer convicted at trial for allegedly conning an Emigrant Bank unit out of $20 million by lying about his investment firm's tax lien collateral was sentenced Tuesday in Manhattan federal court to a year and a day in prison for what prosecutors say was a straight-up scheme to steal from a Federal Deposit Insurance Corporation-insured bank. 

  • May 26, 2026

    CoStar Seeks Pause In Antitrust Suit, Amid Transfer Fight

    CoStar Group is asking a Virginia federal court to pause an antitrust suit alleging it stifles competition and prevents cross-listings while it seeks to move a similar case, filed by Malm Inc., from California.

  • May 26, 2026

    Latham, Milbank Guide Data Center Power Co.'s $2B IPO Pitch

    Gas engine maker Innio is seeking a valuation of up to $20.3 billion in an initial public offering guided by Latham & Watkins LLP and Milbank LLP that's set to price amid interest in companies supporting the infrastructure for artificial intelligence technology.

  • May 26, 2026

    NJ Warehouse-To-Luxury Loft Developer Hits Ch. 11

    The developer of a 120-unit residential complex in New Jersey known as The Cliffs has filed for Chapter 11 relief to prevent a forfeiture of its equity interests in the development.

Expert Analysis

  • How Trump's Trade Policies Are Shaping Foreign Investment

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    Five months into the Trump administration, investors are beginning to see the concrete effects of the president’s America First Investment Policy as it presents new opportunities for clearing transactions more quickly, while sustaining risk aversion related to Chinese trade and potentially creating different political risks, say attorneys at Covington.

  • Bill Leaves Renewable Cos. In Dark On Farmland Reporting

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    A U.S. Senate bill to update disclosure requirements for foreign control of U.S. farmland does not provide much-needed guidance on how to report renewable energy development on agricultural property, leaving significant compliance risks for project developers, say attorneys at Hodgson Russ.

  • Observations On 5 Years Of Non-Notified CFIUS Inquiries

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    Since 2020, the Committee on Foreign Investment in the United States has identified and investigated covered cross-border transactions not formally notified to CFIUS, and a look at data from 50 non-notified matters during that time reveals the general dynamics of this enforcement function, say attorneys at Cooley.

  • How States Are Taking The Lead On Data Center Regulation

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    While support for data center growth is a declared priority for the current administration, federal data center policy has been slow to develop — so states continue to lead in attracting and regulating data center growth, say attorneys at Steptoe.

  • Texas Bill Could Still Boost Property Rights In Gov't Disputes

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    The passage of a bill in Texas that would provide litigants with access to a greater swath of judicial remedies in immunity disputes with government entities and officials would be an invaluable boon for property rights, says Nathan Vrazel at Munsch Hardt.

  • Indemnity Lessons From Mass. Construction Defect Ruling

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    The Massachusetts high court's decision in Trustees of Boston University v. CHA, holding that a bespoke contractual indemnity provision means that a construction defect claim is not subject to Massachusetts' statute of repose, should spur design and construction professionals to negotiate limited provisions, says Christopher Sweeney at Conn Kavanaugh.

  • 4 Strategies For De-Escalating Hospitality Industry Disputes

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    As recent uncertainty in the travel business exacerbates the risk of conflict in the hospitality sector, industry in-house counsel and their outside partners should consider proactive strategies aimed at de-escalating disputes, including preserving the record, avoiding boilerplate clauses and considering arbitration, say Randa Adra at Crowell and Stephanie Jean-Jacques at Hyatt.

  • SEC Signals Opening For Private Fund Investment Reform

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    At SEC Speaks in late May, the U.S. Securities and Exchange Commission made clear that it's considering allowing registered funds of private funds to be offered broadly to true retail investors, meaning existing funds should review their disclosures focusing on conflicts of interest, liquidity and fees, say attorneys at Stradley Ronon.

  • Unicoin Case Reveals SEC's Evolving Enforcement Posture

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    The U.S. Securities and Exchange Commission's recent fraud allegations against cryptocurrency company Unicoin send a clear message that while the Trump administration supports digital asset development, it will act decisively against deception, inflated valuations and false assurances, says David Zaslowsky at Baker McKenzie.

  • Opportunity Zone Revamp Could Improve The Program

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    If adopted, the budget bill's new iteration of the opportunity zone program could renew, refine and enhance the effectiveness and accountability of the original program by including structural reforms, expanded eligibility rules and incentives for rural investment, say attorneys at Pillsbury.

  • Review Risk Is Increasing For Foreign Real Estate Developers

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    Federal and state government efforts have been expanding oversight of foreign investment in U.S. real estate, necessitating careful assessment of risk and of the benefits of notifying the Committee on Foreign Investment in the United States, say attorneys at Troutman.

  • Evolving Federal Rules Pose Further Obstacles To NY LLC Act

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    Following the Financial Crimes Enforcement Network's recent changes to beneficial ownership information reporting under the federal Corporate Transparency Act — dramatically reducing the number of companies required to make disclosures — the utility of New York's LLC Transparency Act becomes less apparent, say attorneys at Pillsbury.

  • Negotiating Triparty Hotel Agreements To Withstand Risk

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    Brewing economic uncertainty in the hospitality industry underscores the importance of subordination, nondisturbance and attornment agreements, and hotel managers should tightly negotiate these agreements to ensure remedies will not disturb key rights, say attorneys at Sidley.