Commercial

  • January 08, 2026

    Real Estate Firm Thompson Thrift Hires Seasoned GC

    Indiana-based real estate firm Thompson Thrift said Jan. 8 that it has hired a general counsel with two decades of experience to oversee its legal functions and take a role in executive leadership.

  • January 08, 2026

    Amici Back CoStar's Review Bid For Rival's Antitrust Claims

    Technology industry coalition Chamber of Progress and other parties are urging the U.S. Supreme Court to grant commercial real estate information company CoStar's review petition for a Ninth Circuit ruling that revived a business rival's antitrust counterclaims.

  • January 08, 2026

    Benefit Street Partners Closes $10B Multifamily-Focused Fund

    Asset manager Benefit Street Partners said on Jan. 8 it has closed its latest fund at $10 billion, with Ropes & Gray LLP advising, with the fund targeting U.S. commercial real estate investments with a focus on the multifamily sector.

  • January 07, 2026

    NC Judge Warns Of 'Pandora's Box' In Shareholder Row

    A North Carolina business court judge Wednesday cautioned counsel for a discharged director of a real estate and insurance company against potentially "opening Pandora's Box" as he argued that his client was targeted by his fellow directors — and family members — due to his age, but can be protected as an employee under state and federal law.

  • January 07, 2026

    2 Firms Guide BXP, Starr's Manhattan Office Lease Deal

    Developer and property owner BXP Inc. has signed up commercial insurance giant Starr for a 20-year, 275,000-square-foot lease at a 930,000-square-foot Midtown Manhattan office tower in a deal guided by Skadden Arps Slate Meagher and Flom LLP and Fried Frank Harris Shriver & Jacobson LLP, the developer announced Wednesday.

  • January 07, 2026

    Windels Marx Guides $112M Brooklyn Hotel Refi

    Ace Hotel Brooklyn owners GRI Capital Resources Group Inc. and Spruce Capital Partners landed a $112.5 million loan from Torchlight Investors to refinance the 287-room Brooklyn hotel, guided by Windels Marx Lane & Mittendorf LLP.

  • January 07, 2026

    Rosenberg Hires White & Case Atty For Hospitality Team

    Rosenberg & Estis PC hired a former White & Case LLP partner to be the leader of its hospitality group and a member of its transactions group in New York City, the firm announced.

  • January 07, 2026

    NJ Town Blasts 'Litigation Tactic' In Mall Sunday Sales Suit

    The New Jersey borough that's home to the American Dream megamall has asked a state judge to dismiss another municipality's lawsuit challenging Sunday sales there, arguing that the complaint failed to articulate any legally cognizable claim against the borough.

  • January 07, 2026

    Ind. House Bill Would Stop Property Taxes And Assessments

    Indiana would bar political subdivisions from assessing and taxing tangible property and instead allow school corporations to impose an annual fee to attempt to make up revenue under a bill introduced in the state House of Representatives. 

  • January 07, 2026

    Real Estate Trust Sues In Del. To Contest LP Sale Demands

    A CapStack Partners real estate investment fund and affiliate sued Wednesday for a Delaware Court of Chancery ruling supporting its refusal to cash out non-liquid assets to accommodate limited partner withdrawal requests, arguing that the two parties' agreement bars the move.

  • January 07, 2026

    Healthpeak Tees Up IPO Plans For Senior Housing REIT

    Healthpeak Properties Inc. said Wednesday it submitted plans to regulators for the formation of a real estate investment trust dedicated to senior housing and the launching of an initial public offering for the company.

  • January 07, 2026

    EQT Buys LA Industrial Property In $51.5M Leaseback Deal

    EQT Exeter Real Estate Income Trust announced on Wednesday that it has acquired an industrial property in a supply-constrained Los Angeles submarket through a $51.5 million sale-leaseback deal with a food and beverage company.

  • January 07, 2026

    Ind. Bill Seeks Uniform Assessments Regardless Of Owner

    Indiana would require that all tangible property and agricultural land be assessed in a uniform manner regardless of the owner under a bill introduced in the state House of Representatives.

  • January 07, 2026

    3 Firms Guide Apollo's $3.5B Data Center Financing

    Apollo-managed funds and affiliates provided $3.5 billion to a fund managed by Valor Equity Partners, a financing arranged by Latham & Watkins, Proskauer Rose and Sullivan & Cromwell that will back the acquisition and lease of data center infrastructure to Elon Musk's xAI Corp.

  • January 07, 2026

    Simpson Thacher Advises As Data Center Biz Gets $1.9B

    Investment firm KKR and private equity firm Oak Hill Capital on Wednesday said they will contribute approximately $1.9 billion in investments for European data center company Global Technical Realty, with Simpson Thacher & Bartlett LLP advising.

  • January 07, 2026

    Tracking The Data Center Bonanza Happening Around The US

    Work is underway around the country on billion-dollar data center projects that kicked off in 2025, as developers aim to build capacity and infrastructure to meet booming demand for artificial intelligence technology.

  • January 07, 2026

    Real Estate Attorneys Keep Clients Close Amid Volatility

    Attorneys guided clients through a volatile commercial real estate market last year, boosted by data centers, an office rebound, stronger fundraising and commercial mortgage-backed securities issuance, and they found ways to strengthen ties to clients along the way.

  • January 07, 2026

    Commercial Real Estate Cases To Watch In 2026

    Antitrust cases, casino disputes and legal clashes involving real estate investment trusts are among the major commercial real estate cases that attorneys should keep an eye on in 2026.

  • January 07, 2026

    Attorneys Voice Optimism For Private Equity Real Estate In '26

    The coming year is shaping up to be an active one for private investment in real estate, with more take-private deals and transactions involving private credit, data centers and opportunity zones likely to come, although fundraising may continue to pose a challenge for some players, attorneys said.

  • January 06, 2026

    Ciminelli Walks As 10-Year Buffalo Billion Fraud Case Ends

    The long and contentious corruption case against New York developer Louis Ciminelli and others that led to a landmark U.S. Supreme Court ruling on fraud came to a close Tuesday, after he pled guilty and was sentenced to no time in prison.

  • January 06, 2026

    Miller Canfield Atty Returns To Honigman's Detroit Area Office

    Kasturi "Kas" Bagchi, formerly a principal at Miller Canfield Paddock & Stone PLC, has returned to Honigman LLP as a partner in the firm's transactional and real estate finance practice group in Bloomfield Hills, a suburb of Detroit, according to an announcement made Tuesday.

  • January 06, 2026

    Vectra Bank Claims Lending Co. Owes $4.5M

    Vectra Bank has accused a Colorado-based commercial finance company and two related business entities in state court of defaulting on a $6.5 million loan and said they now owe the bank more than $4.5 million.

  • January 06, 2026

    Silverman Group Nabs $203M Mid-Atlantic Industrial Portfolio

    Silverman Group has acquired a $203 million industrial portfolio consisting of 50 buildings spanning Maryland and Northern Virginia in an off-market purchase from an unnamed seller, per an announcement from seller-side broker Newmark Group Inc. on Tuesday.

  • January 06, 2026

    3 Firms Shape $562M Financing For DC Office Conversion

    Developer Post Brothers has secured a $562 million financing package from Nuveen Green Capital and Mavik Capital Management for an office-to-residential conversion project in Washington, D.C., with counsel from Klehr Harrison Harvey Branzburg LLP, Dechert LLP and Paul Hastings LLP, according to property records.

  • January 06, 2026

    Boscov's Tenant Sues Over Del. Mall Tax Reimbursements

    A company that runs a Boscov's department store in a Newark, Delaware, shopping center has claimed in Delaware state court that the property's landlord forced the company to overpay tax reimbursements.

Expert Analysis

  • Lights, Camera, Real Estate: Preparing For Film Facility M&A

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    As the entertainment industry struggles to recover from multiple strikes and a decline in production, certain aspects of selling or acquiring production facilities may become important to consider, as these assets are valued very differently from typical commercial real estate properties, say attorneys at Olshan Frome.

  • Corporate Liability Issues To Watch In High Court TM Case

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    The U.S. Supreme Court will hear arguments in a trademark dispute between Dewberry Group and Dewberry Engineers next week, presenting an opportunity for the court to drastically alter the fundamental approach to piercing the corporate veil, or adopt a more limited approach and preserve existing norms, say attorneys at Bracewell.

  • Plugging Gov't Leaks Is Challenging, But Not A Pipe Dream

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    As shown by ongoing legal battles involving New York City Mayor Eric Adams and Sean “Diddy” Combs, it’s challenging for defendants to obtain relief when they believe the government leaked sensitive information to the media, but defense counsel can take certain steps to mitigate the harm, says Kenneth Notter at MoloLamken.

  • A Legal Perspective On NYC's Retail Real Estate Evolution

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    As New York City's retail market begins to show signs of resilience after the challenges of recent years, landlords must be cognizant of legal implications from shifting trends toward shorter-term leases and pop-up stores, says Andrea Gendel at Pryor Cashman.

  • What Interest Rate Cuts Mean For Housing Markets

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    The Federal Reserve's recent reduction of interest rates may provide limited immediate relief for real estate sectors, but offers potential opportunities for commercial real estate investors and construction firms, which now face an environment ripe for new projects, say attorneys at Cozen O'Connor.

  • How CFIUS' Updated Framework Affects Global Investors

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    The recent change to the monitoring and enforcement regulations governing the Committee on Foreign Investment in the United States will broaden administrative practices around nonnotified transaction investigations, increase the scope of information demands from the committee and accelerate its ability to impose mitigation on parties, say attorneys at Simpson Thacher.

  • Foreclosing Lenders Still Floating In Murky Legal Waters In NY

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    The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.

  • NYC Hotel Licensing Law's Costs May Outweigh Its Benefits

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    A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.

  • Calif. Ruling Offers Hope For Mitigated Negative Declarations

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    In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds — a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.

  • There's No Crying In Property Valuation Baseball Arbitration

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    The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes — in which each side offers competing valuations to an arbitrator, who must select one — is often ideal for resolving property valuation disputes, say Sean O’Donnell at Herrick Feinstein and Mark Dunec at FTI Consulting.

  • Webuild Ruling Complicates Arb. Award Enforcement In US

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    A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.

  • How To Avoid A Costly CPA Limitation Hidden In Most Leases

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    The lease audit rights clause is a seemingly innocuous provision in most commercial real estate leases that ends up costing tenants millions of dollars each year, as they have unwittingly agreed to retain only an accountant to investigate and settle financial issues, says Jason Aster at KBA Lease Services.

  • Navigating FEMA Grant Program For Slope Fixes After Storms

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    In the aftermath of Hurricanes Helene and Milton, it is critical for governments, businesses and individuals to understand the legal requirements of the Federal Emergency Management Agency's grant programs to obtain funding for crucial repairs — including restoration of damaged infrastructure caused by landslides and slope failures, says Charles Schexnaildre at Baker Donelson.