Commercial

  • May 22, 2026

    Kayne Anderson Real Estate Seals $5B Opportunistic Fund

    Kayne Anderson Capital Advisors LP's real estate arm has closed its latest opportunity equity fund with $5.12 billion in capital commitments, surpassing its target by over $2 billion, the firm said Friday.

  • May 22, 2026

    Tampa Council, Fla. County Board OK Rays' $2.3B Ballpark

    The Tampa City Council and a Florida county's board of commissioners have reportedly approved nonbinding agreements for a proposed $2.3 billion, 113-acre ballpark project for the MLB's Tampa Bay Rays.

  • May 22, 2026

    Everglades Temple Suit Paused After Project Loses Funding

    A Florida federal judge on Thursday stayed a Buddhist group's lawsuit against the U.S. Army Corps of Engineers over an Everglades restoration project near a temple, after the $500 million funding for the project was reallocated.

  • May 22, 2026

    Resi Investor Inks Plea In $230M Mortgage Fraud Scheme

    A multifamily investor admitted to playing a central role in a mortgage scheme that defrauded Fannie Mae, Freddie Mac and other lenders, pleading guilty to one count of wire fraud conspiracy in New Jersey federal court.

  • May 22, 2026

    Port Authority's Immunity Bid Fails In Pier Project Row Appeal

    The Connecticut Port Authority cannot assert sovereign immunity to dodge a subcontractor's lawsuit over unpaid work on a pier project because it is not an "arm of the state," an appellate panel found Friday.

  • May 22, 2026

    NC Accuses Electric-Car Maker Of Deserting Plan For EV Plant

    North Carolina is suing an electric car company that accepted public grant money to build a manufacturing plant in the state after it allegedly bailed on the deal, saying the company hasn't even started construction despite initially promising to have the facility running this year.

  • May 22, 2026

    Taxation With Representation: Goodwin, McGuireWoods

    In this week's Taxation With Representation, Equity Residential and AvalonBay Communities Inc. combine, investment firms CVC and Groupe Bruxelles Lambert lead a group of investors to buy pharmaceuticals company Recordati SpA, and NextEra Energy and Dominion Energy merge.

  • May 21, 2026

    NFL Teams Valued At $9B In Stake Sales, And Other Rumors

    Two reported NFL stake sales this past week highlight the continued surge in professional sports valuations, fueled in part by the entry of private equity investors.

  • May 21, 2026

    Calif. Resort Developer Gets OK For Ch. 11 Plan After Deal

    A Delaware bankruptcy judge Thursday approved SilverRock Development's Chapter 11 plan after hearing the California property developer had reached a global agreement resolving objections to the sale of its land and the distribution of the proceeds.

  • May 21, 2026

    11th Circ. Axes T-Mobile's Win In Ga. Tower Permit Dispute

    The Eleventh Circuit on Thursday vacated T-Mobile's win in a long-running fight with a Georgia city over a proposed cell tower, rejecting a widely used test over the infrastructure's need that the court called "irreconcilable" with the Telecommunications Act of 1996.

  • May 21, 2026

    CoStar Hit With Antitrust Suit Alleging Data Monopoly

    A Washington, D.C., brokerage has filed a proposed class action against CoStar in federal court, alleging a decades-long anticompetitive scheme designed to maintain a monopoly over commercial real estate listing services and information services.

  • May 21, 2026

    Iowa Caps Property Tax Revenue For Localities

    The amount of property tax revenue that can be raised by an Iowa city or county will be limited beginning in 2026 under a bill signed by the governor. 

  • May 21, 2026

    Law Firms Are Behind Trophy Leasing Momentum

    Law firms made up nearly 22% of all leases in the premium U.S. office market above $100 per square foot in the first quarter of 2026, according to a recent report from real estate brokerage firm Jones Lang LaSalle Inc.

  • May 21, 2026

    Justices Adopt Broad Reading Of Cuba Expropriation Law

    The U.S. Supreme Court on Thursday adopted a broad view of a federal law allowing U.S. victims of property seizures by the Cuban government to seek damages, vacating an Eleventh Circuit opinion that overturned a $440 million judgment against several cruise companies for trafficking in property seized by the Cuban government.

  • May 20, 2026

    PE Fund Managers Seek Toss Of $150M Florida Investor Suit

    A group of private equity fund managers and their companies urged a Florida federal court to dismiss a proposed class action brought by investors alleging a conspiracy to steal $150 million through a complex financial scheme, saying the complaint is disorganized and fails to allege wrongdoing.

  • May 20, 2026

    Blank Rome Adds 2 Infrastructure Pros To LA Office

    Blank Rome LLP has hired two attorneys from Norton Rose Fulbright and Nossaman LLP as partners for its real estate team in Los Angeles, the firm announced Tuesday.

  • May 20, 2026

    Indeed Files $1.2M Suit Against Conn. HQ Building Owner

    The parent company of employment website Indeed.com has filed a lawsuit seeking at least $1.2 million from the owner of the company's co-headquarters building in downtown Stamford, Connecticut, saying its relocation was delayed because the facility did not meet state fire codes.

  • May 20, 2026

    DOT Taps Vornado Team For Penn Station Rebuild

    The U.S. Department of Transportation on Wednesday selected a master developer team to lead a major renovation of New York City's Penn Station, a team that includes Vornado Realty Trust, which controls a significant commercial footprint across adjacent blocks.

  • May 20, 2026

    Texas Judge Rejects Hotel's Bid To Escape Trafficking Suit

    A Texas federal judge has ruled a woman's claims she was trafficked at a hotel within a Texas hospitality chain are not time-barred and can be brought under a doctrine often used in employment disputes, denying A&D Hotel LLC's bid for an early win.

  • May 20, 2026

    Dallas Tops Cushman's Global Data Center Market Rankings

    Move over Atlanta and Virginia, because Dallas is now the world's premier market for data centers, according to a report by brokerage giant Cushman & Wakefield on Wednesday.

  • May 20, 2026

    Development Boom Gives West Palm Beach Chance To Shine

    As South Florida emerges as one of the places where people from around the world most desire to live, work and play, the most dramatic transformation is taking place not in the spotlight of Miami, but up the coast in West Palm Beach.

  • May 20, 2026

    NC Tenants Fight For $9.5M Asset Freeze In Landlord Row

    A class of tenants at a multifamily property in Durham, North Carolina, urged a state appellate court to uphold an order barring their landlord from transferring proceeds from the possible sale of the property out of state, while they litigate a $9.5 million suit over conditions at the property.

  • May 20, 2026

    Gibson Dunn Guides $180M Loan For NYC Office Conversion

    RXR has completed a $180.5 million loan deal, which was guided by Gibson Dunn & Crutcher LLP, for a 33-story downtown Manhattan office tower that's undergoing a residential conversion that aims to build 800 homes, according to official property records.

  • May 20, 2026

    Seyfarth Brings On Former Husch Blackwell Litigator In LA

    Seyfarth Shaw LLP has added a former Husch Blackwell partner in its downtown Los Angeles office.

  • May 20, 2026

    Sustainability-Focused REIT Sets Up Reverse Stock-Split Plan

    Power REIT said its board of trustees has approved a one-for-10 reverse stock split for the holding company that owns a railroad property, greenhouses and land leased to a solar farm, a move that will boost the company's stock price while reducing its outstanding shares.

Expert Analysis

  • 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.

  • What Fla. Trends Reveal About AI In Real Estate Development

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    Property developers can begin to understand how artificial intelligence tools are changing the real estate industry by studying Florida, where developers are using AI to speed vital processes, and AI disclosure and ethics requirements are proliferating, says Ben Mitchel at Shubin Law.

  • NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid

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    A New Jersey bankruptcy court's recent decision in New Rite Aid affirms that landlords can have "stub rent" treated as an administrative expense and highlights critical considerations for debtors, including the importance of deciding when and where to file for bankruptcy, say attorneys at Cleary.

  • What Changed For Healthcare Transaction Law In 2025

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    Though much of the legislation introduced last year to expand state scrutiny of healthcare transactions did not pass, investors should pay close attention to the overarching trends, which are likely to continue in this year's legislative sessions, say attorneys at Ropes & Gray.

  • How Developers Can Harness New Texas Zoning Framework

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    A Texas law introducing a new zoning framework has the potential to unlock meaningful multifamily development opportunities, but developers and their project teams should follow four steps to help identify how affected cities are interpreting and implementing the new law, says Angela Hunt at Munsch Hardt.

  • What To Know About NY's Drastic 3rd-Party Practice Changes

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    Last month, New York Gov. Kathy Hochul signed a law establishing new time limits for the commencement of third-party actions, which will have dramatic effects on insurance defense practice, particularly cases involving construction site accidents or claims of premises liability, says Shawn Schatzle at Lewis Brisbois.

  • Expect A New Normal In Commercial Real Estate This Year

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    Even amid office vacancies and a wave of loan maturities, the commercial real estate market isn't as volatile as one might expect heading into 2026, but market stress is still uniquely intersecting with broader business challenges, creating new opportunities for corporate counsel and other practitioners beyond real estate, says Mark Bell at Stinson.