Commercial
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February 12, 2026
Calif. Insurance Chief Backs Smoke Standards Bill
California Insurance Commissioner Ricardo Lara announced his support Wednesday for a bill that would establish the nation's first public health and insurance claims standard for homes damaged by smoke contamination.
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February 12, 2026
2nd Circ. Declines To Block TRO On Gateway Tunnel Project
Federal funding for the $16 billion Gateway Tunnel project must resume flowing — at least for now — after the Second Circuit declined on Thursday to pause a district court order requiring the Trump administration to lift its freeze on reimbursements to New York and New Jersey.
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February 12, 2026
Del. Enables County To Review, Revise Property Assessments
Delaware authorized its most populous county to review and revise property reassessments for tax purposes to remedy potential errors under a bill that became law without the governor's signature.
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February 12, 2026
DLA Piper Relocates Office In San Juan, Puerto Rico
Law firm DLA Piper has moved its Puerto Rico location from a space in San Juan that the firm has occupied since it opened an office in the city a decade ago.
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February 12, 2026
JLL Lines Up $596M Dallas Mixed-Use Office Refi
The JLL Capital Markets team lined up a three-year, floating-rate $596 million commercial mortgage-backed securities loan that's supposed to refinance a 1.3 million-square-foot Dallas mixed-use property with three office towers and a three-story atrium, JLL has announced.
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February 11, 2026
Attorneys Tackle Office Conversion Puzzle Across The Country
Office conversion projects are taking hold across the country, as developers and their counsel clear the challenges of taking unused office space and repurposing it into apartments in a way that also makes business sense.
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February 11, 2026
Colo. Justices Seem Skeptical Water Entity Can't Condemn
The Colorado Supreme Court justices appeared unpersuaded Wednesday by the "narrow" interpretation of law provided by the attorney representing a landowner who claims a water activity enterprise does not have legal authority to condemn land for water projects.
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February 11, 2026
CoStar Digs In On Quinn Emanuel DQ Bid In CREXi IP Suit
CoStar doubled down on its efforts to disqualify Quinn Emanuel Urquhart & Sullivan LLP counsel from representing rival CREXi amid copyright infringement litigation in California federal court, reiterating that it's not bound by a conflict waiver signed by a company CoStar later acquired.
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February 11, 2026
Miami World Cup Counsel Share Look At Prep Work, Impact
Counsel representing the FIFA World Cup's Miami Host Committee gave Law360 an inside look at their multifaceted work preparing for the upcoming event, which organizers say could have the economic impact of multiple Super Bowls.
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February 11, 2026
Steward Health Creditor Trust Seeks $56M From Insurers
The creditor litigation trust for the Texas Chapter 11 case of hospital operator Steward Health Care has filed adversary suits against six groups of health insurance companies, seeking payment of covered medical bills totaling more than $56 million.
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February 11, 2026
New $50M Vehicle Targets Small-Scale Industrial Properties
Real estate-focused investment manager CenterSquare Investment Management said it has closed a $50 million co-investment vehicle with Turkish investment and wealth management firm ESAS to focus on small-bay industrial properties.
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February 11, 2026
Nashville Luxury Hotel, Housing Tower Lands $372M
The developer of a 28-story luxury hotel and residential project in Nashville, Tennessee, has secured $371.5 million in development financing from Madison Realty Capital and KSL Capital Partners.
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February 11, 2026
Ventas, Welltower See Growth Amid Senior Housing Push
Real estate investment trusts Welltower Inc. and Ventas Inc. recorded strong financial results from the last quarter and the full year of 2025, as both companies intensified their focus on senior housing, a sector where they expect to see skyrocketing demand due to demographic trends.
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February 11, 2026
Gibson Dunn Guides $191M NYC Residential Conversion Loan
GFP Real Estate secured $191.5 million in construction financing from Derby Lane, a transaction guided by Gibson Dunn & Crutcher LLP that will finance the owner's residential conversion of the former New York Stock Exchange headquarters.
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February 11, 2026
Vornado Inks $525M Refi For Manhattan Office Building
Vornado Realty Trust has wrapped up a $525 million refinancing deal for a 945,000 square foot downtown Manhattan office property that's mostly leased by New York University, the real estate investment trust announced.
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February 11, 2026
Real Estate Group Of The Year: Hogan Lovells
Flexing its strength working with real estate investment trusts, while also closing one of the year's largest hospitality deals, helping to relaunch one of New York's biggest development projects and advising on a $900 million transformation of the Howard Hughes Corp., Hogan Lovells earned a spot as one of the 2025 Law360 Real Estate Practices of the Year.
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February 11, 2026
Construction Group Of The Year: Nossaman
Nossaman LLP attorneys advised the city of Los Angeles on the close and groundbreaking of a $2.6 billion convention center renovation, and guided Georgia's tolled transportation authority on an $11 billion freeway project, landing the firm a spot among the 2025 Law360 Construction Groups of the Year.
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February 11, 2026
Sustainability Investor Raises $2.4B In Latest Fund Close
Vision Ridge Partners, a Boulder, Colorado-based investor in sustainability-focused assets, on Wednesday said it has raised $2.4 billion in its largest-ever fundraising, represented by Kirkland & Ellis LLP.
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February 11, 2026
Del. Developer Accuses Ex-GC Of Drafting 'Unfair' Agreements
Real estate development and management company Harvey Hanna & Associates Inc. has sued its former general counsel in Delaware Chancery Court, accusing him of using his position to draft documents that unfairly gave him ownership stakes in several related companies.
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February 11, 2026
Weil, Latham Lead Solar Project Builder's $513M IPO
Power infrastructure provider Solv Energy Inc. hit the public markets Wednesday after raising nearly $513 million in its initial public offering.
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February 11, 2026
Neb. Changes Property Tax Hike Hearing Attendance Rules
Nebraska changed who must attend public hearings for local governments that seek to raise property taxes beyond a statutorily defined limit under a bill signed by the governor.
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February 11, 2026
Holland & Knight Guides Zoning Approval For $4B Fla. Project
Sweetwater, Florida, city officials granted zoning approvals for a $4.65 billion, master-planned community, paving the way for developer CREI Holdings to begin work on the project.
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February 11, 2026
CoStar Pay Plan Frustrates Proxy Fight, Del. Suit Claims
A group of shareholders has hit CoStar Group with a lawsuit in Delaware Chancery Court alleging the company's board last month approved a severance payment plan to deter activist investors DE Shaw and Third Point from launching a proxy contest over criticism of its Homes.com and Apartments.com performance.
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February 11, 2026
CCA Gets OK On Ch. 11 Plan After Bahamas Developer Deal
A New Jersey bankruptcy judge Wednesday signed off on Chinese state-owned firm CCA Construction Inc.'s Chapter 11 plan, months after the debtor reached a settlement with a Bahamian resort developer whose $1.6 billion court win sent CCA into bankruptcy.
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February 11, 2026
Ex-Home Depot Exec Gets 3 Years For $2M Embezzlement
The former head of Home Depot's real estate tax division was sentenced Wednesday to more than three years in prison on federal mail fraud and money laundering charges after he pled guilty last year to embezzling just shy of $2 million from the home improvement giant.
Expert Analysis
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5 Insurance Types For Mitigating Tariff-Related Trade Losses
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.
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Avoiding Pitfalls Around New Calif. Commercial Lease Law
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.
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Measuring And Mitigating Harm From Discriminatory Taxes
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.
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Addressing Tariff Price Escalation In Construction Contracts
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.
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How The CRE Industry Is Adapting To Tariff Uncertainty
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.
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Reconciling 2 Smoke Coverage Cases From California
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.
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Contractor Remedies Amid Overhaul Of Federal Spending
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.
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Contract Disputes Recap: Terminations Galore
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.
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Making The Opportunity Zones Program Great At Last
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.
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Investor Essentials For Buying Federally Owned Property
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.
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How 2025 Is Shaping The Future Of Bank Mergers So Far
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.
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Why NY May Want To Reconsider Its LLC Transparency Law
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.
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Dewberry Ruling Is A Wakeup Call For Trademark Owners
The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.