Commercial

  • July 27, 2026

    Long Beach Hotel Renovation Co. Inks $80M Deal With Lender

    An entity used to renovate a century-old Long Beach, California, hotel reached an $80.8 million settlement with a New York lender in federal bankruptcy court after filing for Chapter 11 protection last fall.

  • July 27, 2026

    NC, Barings Unveil Expanded $2.1B Investment Partnership

    Alternative asset management company Barings and the North Carolina Investment Authority announced Monday that they have agreed to grow their partnership with $2.1 billion worth of investments.

  • July 27, 2026

    NYC Real Estate Week In Review

    Patterson Belknap and Lavian LLP landed work on two of the largest New York City real estate deals that became public last week, with a pair of residential trades topping the list.

  • July 27, 2026

    Brookfield, Nvidia Commit $10B To Korea AI Expansion

    Korean internet company Naver is set to receive $9 billion from investment manager Brookfield and $1 billion from artificial intelligence chipmaker Nvidia as part of an AI infrastructure push announced during a Monday visit to the U.S. by Korea's president.

  • July 24, 2026

    No Prison For Ex-COO In $284M Ariz. Sports Park Bond Fraud

    A Manhattan federal judge on Friday declined to sentence the former chief operating officer of a massive Arizona sports complex to prison over his role in a $284 million bond fraud scheme orchestrated by the project's developer and his son, citing the executive's prompt and significant cooperation with prosecutors.

  • July 24, 2026

    Zimbabwe Must Honor $441M Land-Seizure Arbitration Awards

    A D.C. federal judge on Friday enforced $441 million in arbitral awards issued to European investors whose property in Zimbabwe was seized under a controversial program aimed at returning land to the Indigenous population, pointing to the court's limited mandate for reviewing such awards.

  • July 24, 2026

    Ex-DLA Piper Tax Partner Rejoins Gibson Dunn

    Former DLA Piper partner James Manzione has returned to Gibson Dunn & Crutcher LLP as a tax partner in its New York City office.

  • July 24, 2026

    Amundsen Davis Sued For Malpractice Over Nobu Hotel Case

    Amundsen Davis is facing a lawsuit in Illinois federal court from the romantic partner of a construction executive convicted of misusing millions intended for Chicago's Nobu Hotel, alleging the firm failed to notify her of a roughly $750,000 turnover judgment entered against her personally before the window to appeal expired.

  • July 24, 2026

    Cornerstone, Old Republic Partly Settle $9.8M Coverage Suit

    A building products manufacturer has settled its coverage dispute with Old Republic Insurance Co., though its claims against Berkshire Hathaway Specialty Insurance Co., seeking $9.8 million in coverage for defense and settlement costs in other litigation, remain unresolved.

  • July 24, 2026

    Surgery Partners Stake Sale Values Idaho Hospitals At $1.2B

    Surgery Partners, an owner and operator of short-stay surgical facilities, said Friday it has reached a deal to sell its stake in two Idaho hospitals for nearly $800 million to Salt Lake City, Utah-based Intermountain Health.

  • July 24, 2026

    Taxation With Representation: Kleinberg Kaplan, Baker Botts

    In this week's Taxation With Representation, Brookfield Asset Management acquires Aypa Power from funds managed by Blackstone Energy Transition Partners, Brookfield and Canada Pension Plan Investment Board buy LXP Industrial Trust, and Novagold Resources Inc. and Paulson Advisers LLC agree to give Novagold full ownership of Donlin Gold LLC.

  • July 24, 2026

    Gordon Rees Doubles Office Space With Fresno, Calif., Move

    To accommodate a rapidly growing roster, Gordon Rees Scully Mansukhani LLP recently moved its Fresno, California, team to a new space in the city that is more than double the size of its prior location.

  • July 24, 2026

    Cushman & Wakefield 401(k) Climate Risk Suit Shipped To Ill.

    A proposed class action accusing commercial real estate services giant Cushman & Wakefield of mismanaging its 401(k) plan by including a fund that ignores climate change-related financial risks has been transferred to Illinois federal court by a Washington federal judge, according to a recently filed order.

  • July 24, 2026

    WDP, Argan To Create $14.8B European Logistics RE Giant

    Belgian warehouse landlord WDP and French logistics real estate investment trust Argan have agreed to combine in a deal that will create one of Europe's largest logistics REITs, with a portfolio exceeding €13 billion ($14.78 billion). 

  • July 24, 2026

    REST Denied Injunction On Sale Of Dexus-Led Airport Stake

    A New South Wales Supreme Court judge on Friday refused REST Infrastructure Trust's bid for an injunction against the sale of its portion of a roughly $4 billion Dexus-led stake in Melbourne and Launceston airports pending appeal, after REST refused to take responsibility for all related damages if the appeals failed.

  • July 23, 2026

    Trump Touts Pledge As Ratepayer Protection From AI Boom

    President Donald Trump during a Thursday event urged utilities, data center developers and states to sign a voluntary pledge to prevent average ratepayers from shouldering the cost of artificial intelligence infrastructure.

  • July 23, 2026

    Colo. Nonprofit Says ICE Facility Violates Town's Land Codes

    A nonprofit and a resident of Hudson, Colorado, claimed in Colorado state court Wednesday that the town is ignoring its own land use codes by allowing a U.S. Immigration and Customs Enforcement detention center to be built and operated within the city, and is using federal preemption as an excuse to not act.

  • July 23, 2026

    NYC OKs Proposals To Speed Up Permit Process, Land Sales

    New York City's Commission on Government Efficiency voted on July 23 to advance five November ballot proposals that aim to speed up the process for selling off city-owned land, approving building permits, building street safety infrastructure and more.

  • July 23, 2026

    Ex-Client Can't Revive Brach Eichler Malpractice Suit

    A New Jersey appellate panel on Thursday affirmed a lower court ruling granting summary judgment to Brach Eichler LLC in a suit accusing the firm of legal malpractice from its work in a long-running real estate dispute.

  • July 23, 2026

    J&J's Delays Should End $25M Asbestos Appeal, Builder Says

    A western Massachusetts real estate developer has asked a Connecticut appeals court to toss Johnson & Johnson's appeal of a $25 million asbestos cancer verdict in his favor, saying the company has yet to file an opening brief despite receiving five deadline extensions.

  • July 23, 2026

    Student Housing REIT Core Adds 4-Site Portfolio For $300M

    Chicago-based student housing company Core Spaces said July 23 that its real estate investment trust affiliate will acquire a $300 million portfolio of four housing complexes near public universities.

  • July 23, 2026

    Baker Botts, Vinson Steer Matador's $1.3B Oil Operations Deal

    Dallas-based oil and gas company Matador Resources said Thursday that it plans to buy an EnCap Investments subsidiary operating in the Permian Basin for $1.3 billion and separately acquire acreage in Texas and New Mexico from another EnCap company in a deal guided by Baker Botts LLP and Vinson & Elkins LLP.

  • July 23, 2026

    Meland Budwick Adds Real Estate Pro From Cozen O'Connor

    Meland Budwick PA has bolstered its real estate and corporate group in Miami with the addition of a partner from Cozen O'Connor.

  • July 23, 2026

    Bar Works Fraudster Gets More Prison Despite Cooperation

    A Manhattan federal judge on Thursday tacked on more time behind bars for the architect of the $57 million Bar Works shared office space investment Ponzi scheme, expressing concern that the Englishman has the potential to reoffend despite cooperating against four co-conspirators.

  • July 23, 2026

    Kirkland, White & Case Guide Brookfield's $7B Aypa Buy

    Brookfield Asset Management has agreed to acquire Aypa Power from funds managed by Blackstone Energy Transition Partners in a deal valuing the battery storage developer at about $7 billion, with Kirkland & Ellis LLP and White & Case LLP advising.

Expert Analysis

  • What's At Stake As 9th Circ. Eyes Cultural Resource Damages

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    In Pakootas v. Teck Cominco, the Ninth Circuit is faced with the long-unresolved question of whether cultural resource damages are recoverable as part of natural resource damages under the Superfund law — and the answer will have enormous implications for companies, natural resource trustees and Native American tribes, says Sarah Bell at Farella Braun.

  • 5 Insurance Types For Mitigating Tariff-Related Trade Losses

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    The potential for significant trade-related losses as a result of increased tariffs may cause companies to consider which of their insurance policies, including marine, builders risk, trade credit, and directors and officers, could provide coverage to alleviate the financial impact, say attorneys at Pillsbury.

  • Avoiding Pitfalls Around New Calif. Commercial Lease Law

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    A California law that became effective this year requires commercial landlords to extend certain protections previously afforded to residential tenancies, and a few key provisions of the law especially warrant reexamination of leasing and operational processes, say attorneys at Holland & Knight.

  • Measuring And Mitigating Harm From Discriminatory Taxes

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    In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.

  • Addressing Tariff Price Escalation In Construction Contracts

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    As construction projects across the U.S. face uncertainty surrounding material price increases driven by government-imposed tariffs, owners and developers should draft strong contracts to protect themselves from tariff-related cost overruns and delays, say attorneys at Akerman.

  • How The CRE Industry Is Adapting To Tariff Uncertainty

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    Amid uncertainty about pending tariffs and their potential ripple effects, including higher material costs, supply chain delays and tighter margins, commercial real estate industry players are focusing on strategic planning and risk mitigation, says Daniel Diaz Leyva at Day Pitney.

  • Reconciling 2 Smoke Coverage Cases From California

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    As highlighted by a California Department of Insurance bulletin clarifying the effect of two recent decisions on insurance coverage, the February state appellate ruling denying coverage for property damage from smoke, ash and soot should be viewed as an outlier, say attorneys at Reed Smith.

  • Contractor Remedies Amid Overhaul Of Federal Spending

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    Now that the period for federal agencies to review their spending has ended, companies holding procurement contracts or grants should evaluate whether their agreements align with administration policies and get a plan ready to implement if their contracts or grants are modified or terminated, say attorneys at DLA Piper.

  • Contract Disputes Recap: Terminations Galore

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    Attorneys at Seyfarth examine three recent decisions in which the Civilian Board of Contract Appeals and the Armed Services Board of Contract Appeals provide valuable insights into contract terminations, modifications and the jurisdictional requirements for claims.

  • Making The Opportunity Zones Program Great At Last

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    As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.

  • Investor Essentials For Buying Federally Owned Property

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    Investors and developers can take advantage of the Trump administration's plan to sell government-owned real estate by becoming familiar with the process and eligible to bid, and should prepare to move quickly once the U.S. General Services Administration posts the list of properties for sale, say attorneys at Holland & Knight.

  • How 2025 Is Shaping The Future Of Bank Mergers So Far

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    Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.

  • Why NY May Want To Reconsider Its LLC Transparency Law

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    Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.