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Real Estate
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March 16, 2026
SoHo Building In NYC Hits Ch. 11, Owing $30M
The owner of a mixed-use building in Manhattan's SoHo neighborhood has filed for Chapter 11 bankruptcy with more than $30.6 million in liabilities, according to a petition filed in New York bankruptcy court.
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March 16, 2026
SD Eliminates Ag Land Assessment, Tax Oversight Task Force
South Dakota eliminated a task force that oversaw the assessment and taxation of agricultural land and required the state Department of Revenue to provide data relating to the valuation of such land to state legislative tax committees under a bill signed by the governor.
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March 16, 2026
IRS' Easement Fraud Penalties Require Trial, 5th Circ. Told
The Internal Revenue Service violated the Seventh Amendment by imposing civil fraud penalties without a jury first reviewing them, a partnership told the Fifth Circuit, arguing the penalties' common-law roots allow the entity to invoke constitutional protections in its conservation easement tax deduction dispute.
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March 16, 2026
NC Seller Can't Duck $200M Apartment Complex Sale Suit
A North Carolina federal judge ruled that an apartment complex owner and affiliated entities can't avoid claims that they improperly held on to a potential buyer's deposit after environmental contamination thwarted a nearly $200 million deal to buy 10 properties.
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March 16, 2026
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court's docket last week featured disputes including an $83.75 million settlement tied to a renewable energy merger, fraud claims in a fertilizer company acquisition and a developer's fight for control of a major Philadelphia redevelopment project.
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March 16, 2026
Public Storage Inks $10.5B Deal To Create Industry Giant
Public Storage Inc. said Monday it has agreed to acquire National Storage Affiliates Trust at an enterprise value of about $10.5 billion, with three law firms advising the REITs as they seek to create one of the largest self-storage platforms in the U.S.
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March 16, 2026
Senior Housing REIT Janus Living Seeks $703M From IPO
Senior housing-focused real estate investment trust Janus Living said Monday that it is seeking about $700 million in an initial public offering this week, advised by Latham & Watkins LLP and Sidley Austin LLP, that follows a carveout this year.
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March 13, 2026
Real Estate Recap: Iran, Investor Optimism, Construction Debt
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including implications for the real estate sector from the war in Iran, what investors are saying about the market and specific asset classes, and a look at where construction debt is ballooning.
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March 13, 2026
Fla. Land Use Bill Passes With Controversy Quelled In Part
On the final day of their annual regular session, Florida lawmakers passed a bill that imposes a variety of preemptions on local governments' land use review after they removed parts that threatened Miami's Urban Development Boundary but left in a provision that clears a path for a controversial project in Miami Beach.
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March 13, 2026
Trump Orders Seek To Spur Home Building, Mortgage Access
President Donald Trump signed two executive orders Friday that seek to get rid of certain regulations, with the goal of making it easier to build affordable housing and obtain mortgages.
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March 13, 2026
Fed. Bill Would Transfer 860 Acres To Calif.'s Pechanga Band
A coalition of federal California lawmakers have introduced legislation that would transfer 860 acres from the U.S. Bureau of Land Management into trust for the Pechanga Band of Indians.
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March 13, 2026
GSA Pans Giving 'Unelected Judiciary' Sway Over Property
The federal government's landlord told the federal judiciary it is "ill equipped" to have direct authority to maintain its buildings.
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March 13, 2026
Walmart Says Pa. Store Didn't Break Grocery Sales Agreement
Walmart wants to throw out a neighboring property owner's claim that a Pittsburgh-area store breached the terms of a nearly 30-year-old easement agreement, arguing a lawsuit's allegation that it had been in violation of an agreement not to compete on grocery sales for years was too vague and too late.
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March 13, 2026
Nixon Peabody Adds RE Attys To SF, DC Offices
Nixon Peabody LLP has hired two veteran real estate attorneys for counsel roles in its San Francisco and Washington, D.C., locations, the firm announced.
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March 13, 2026
Esquire's $348M Signature Deal Bolsters Litigation Platform
Esquire Financial Holdings Inc. has agreed to buy the parent company of Signature Bank in a roughly $348.4 million deal that Esquire said will help expand its Chicago-area commercial banking presence and support growth of its litigation banking platform.
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March 12, 2026
ICE Ordered To Pause Detention Project Over Enviro Concerns
The U.S. Department of Homeland Security must halt the construction of a planned immigration detention facility in Maryland, a federal judge has ordered, saying that the department likely failed to take a "hard look" at the construction's potential environmental impact.
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March 12, 2026
Steep Senate Majority Passes Landmark Housing Bill
The U.S. Senate has passed landmark legislation aimed at boosting housing supply and cutting housing costs across the country, with steep bipartisan support despite concerns over a provision that stakeholders claim could undermine the "build-to-rent" sector.
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March 12, 2026
Holland & Knight's San Francisco Office Shifts Leadership
Holland & Knight LLP announced on Thursday that it has appointed a real estate finance attorney who co-chairs the firm's healthcare finance practice to take the reins of its San Francisco office.
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March 12, 2026
TV Network Founder, IRS Seek Settlement In $18M Tax Case
The owner of a broadcasting company whose deal to sell $75 million in assets fell through is headed to settlement negotiations with the federal government over $18 million in taxes related to his father's estate, according to Michigan federal court filings.
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March 12, 2026
Fed. Circ. Won't Revive Buy Belize Scam Case
The Federal Circuit on Thursday backed a lower court ruling that tossed a suit filed by investors who claimed the Maryland federal court wrongfully refused to return seized assets that were taken to satisfy its $120.2 million judgment for the federal government's real estate fraud suit.
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March 12, 2026
Pot Landlord's Suit Against Town Over Revocation Trimmed
A Michigan federal judge dismissed most claims against a Royal Oak Township official and a government contractor in a suit from a cannabis real estate business alleging its licenses were wrongly revoked.
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March 12, 2026
NM Bars Local Gov'ts From Levying Tax On Child Care Homes
New Mexico barred local governments from imposing certain taxes on registered child care homes under a bill signed by the governor.
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March 11, 2026
PacifiCorp Owes More Than $53M In Latest Wildfire Verdict
An Oregon state jury has awarded $53.4 million in noneconomic damages in the latest trial over wildfires PacifiCorp was found liable for starting around the state on Labor Day 2020, including awards to a couple who owned an excavation company.
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March 11, 2026
Dem Lawmakers Dispute Economics Of Arctic Oil Leasing
Democratic lawmakers in the U.S. Senate and House have condemned the Trump administration's plans to auction off lands within the Arctic National Wildlife Refuge to oil and gas companies, saying there is no economic interest to be gained from drilling.
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March 11, 2026
Florida Man Can Proceed With $13M Home Straw Buyer Suit
A home seller can pursue claims he would not have sold his Miami Beach property for $13 million had he known it was going to a straw buyer planning to flip the property a year later, a Florida appeals court ruled Wednesday, reviving part of the resident's lawsuit.
Expert Analysis
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CFIUS Initiative May Smooth Way For Some Foreign Investors
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.
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When Tokenized Real-World Assets Collide With Real World
The city of Detroit's ongoing case against Real Token, alleging building code and safety violations across over 400 Detroit residential properties, highlights the brave new world we face when real estate assets are tokenized via blockchain technology — and what happens to the human tenants caught in the middle, say Biying Cheng and Cornell law professor David Reiss.
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How AI Data Centers Are Elevating Development Risk In 2026
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.
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How Lenders Can Be Ready For Disparate Impact Variabilities
Amid state attorneys general's and regulators' mixed messaging around disparate impact liability, financial institutions can take several steps to minimize risk, including ensuring compliance management aligns with current law and avoiding decisions that impede growth in business and service, says Elena Babinecz at Baker Donelson.
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Series
Judges On AI: Practical Use Cases In Chambers
U.S. Magistrate Judge Allison Goddard in the Southern District of California discusses how she uses generative artificial intelligence tools in chambers to make work more efficient and effective — from editing jury instructions for clarity to summarizing key documents.
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Series
Trail Running Makes Me A Better Lawyer
Navigating the muddy, root-filled path of trail marathons and ultramarathons provides fertile training ground for my high-stakes fractional general counsel work, teaching me to slow down my mind when the terrain shifts, sharpen my focus and trust my training, says Eric Proos at Next Era Legal.
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Reflections From High Court Oral Args Over Fed Gov. Removal
In the oral arguments last month for Trump v. Cook, which asks the U.S. Supreme Court to clarify the circumstances under which the president can remove a Federal Reserve Board governor, the justices appeared skeptical about ruling on the substantive issues in view of the limited record and analysis, say attorneys at Ballard Spahr.
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Next Steps For Fair Housing Enforcement As HUD Backs Out
A soon-to-be-finalized U.S. Department of Housing and Urban Development rule, which would hand responsibility for determining disparate impact liability under the Fair Housing Act to the courts, reinforces the Trump administration’s wider rollback of fair lending enforcement, yet there are reasons to expect litigation challenging this change, say attorneys at Spencer Fane.
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Malpractice Claim Assignability Continues To Divide Courts
Recent decisions from courts across the country demonstrate how different jurisdictions balance competing policy interests in determining whether legal malpractice claims can be assigned, providing a framework to identify when and how to challenge any attempted assignment, says Christopher Blazejewski at Sherin & Lodgen.
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Tips For Counsel As PE Eyes Data Center Facility Services
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.
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Opinion
CFIUS Must Adapt To Current Foreign Investment Realities
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.
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As Federal Water Regs Recede, Calif.'s Permitting Tide Rises
The U.S. Supreme Court's 2023 decision in Sackett v. U.S. Environmental Protection Agency reduced federal protections for many wetlands and surface water features, but as California's main water regulator has made clear, many projects are now covered by state rules instead, which have their own complex compliance requirements, says Thierry Montoya at FBT Gibbons.
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Series
Teaching Logic Makes Me A Better Lawyer
Teaching middle and high school students the skills to untangle complicated arguments and identify faulty reasoning has made me reacquaint myself with the defined structure of thought, reminding me why logic should remain foundational in the practice of law, says Tom Barrow at Woods Rogers.
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Series
Law School's Missed Lessons: Practicing Resilience
Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.
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Breaking Down Expense Allocation In Mixed-Use Properties
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.