Commercial
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February 05, 2026
IRS Met Requirements To Impose Penalties, Tax Court Affirms
The Internal Revenue Service satisfied the supervisory approval requirements to impose penalties after disallowing a Missouri-based company's conservation easement deduction for the 2019 tax year, the U.S. Tax Court affirmed Thursday.
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February 05, 2026
Paul Hastings Guides Developers' $335M Mixed-Use Refi
L&L Holding Co., led by Paul Hastings LLP, and Oak Row Equities have obtained a $335 million loan from Blue Owl Capital to refinance Wynwood Plaza, a 1 million-square-foot campus with apartments and offices in Miami, the companies said.
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February 05, 2026
TA Realty Sells Two Va. Hyperscale Data Centers
Real estate investment management firm TA Realty LLC and its subsidiary TA Digital Group sold two fully leased Leesburg, Virginia, hyperscale data centers that occupy 745,000 square feet in total, the firm announced on Feb. 5.
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February 05, 2026
Simpson Thacher Guides $5.2B Data Center Consortium Stake
Investment firm KKR and Singapore Telecommunications, or Singtel, announced a deal to buy out the remaining stake in Singapore-based data center operator ST Telemedia Global Data Centres for $5.2 billion, in a transaction advised by Simpson Thacher & Bartlett LLP.
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February 05, 2026
Nixon Peabody Real Estate Atty Named Rochester Office Head
Nixon Peabody LLP has selected an affordable housing and real estate partner to take over as managing partner in the firm's Rochester, New York, office.
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February 05, 2026
2 Firms Advise JV's Data Center Portfolio Sale To Igneo
A joint venture guided by Akin Gump Strauss Hauer & Feld LLP sold off its portfolio of seven U.S. data centers to global infrastructure manager Igneo Infrastructure Partners, which was guided by Gibson Dunn & Crutcher LLP, the companies announced on Feb. 5.
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February 05, 2026
Cooley Adds Ex-Kirkland Corporate Real Estate Leader In NY
Cooley LLP announced it has hired the former leader of Kirkland & Ellis LLP's corporate real estate team.
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February 05, 2026
Exxon Urges Justices To Permit Cuba Seizure Damage Claims
Exxon said a Cuban government entity "fundamentally" misunderstands a federal act letting U.S. victims of Cuban property seizures seek damages, pushing the U.S. Supreme Court to reverse a lower court's finding that the act doesn't automatically void the immunity of state entities.
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February 05, 2026
Weil, Latham Advise Data Center Parts Builder's $1.5B IPO
Minnesota-based data center and industrial parts builder Forgent Power Solutions raised $1.5 billion after it began trading Thursday, with advice from Weil Gotshal & Manges LLP and Latham & Watkins LLP.
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February 04, 2026
CREXi Fights Bid To Disqualify Quinn Emanuel In CoStar IP Suit
Commercial real estate platform CREXi has urged a California federal judge to let it keep Quinn Emanuel Urquhart & Sullivan LLP as its counsel as it fights CoStar's accusations of copyright infringement, saying CoStar is only now raising conflict of interest concerns to gain a "tactical advantage."
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February 04, 2026
Eversheds Sutherland Hires Paul Hastings Trial Pro
Eversheds Sutherland announced that it has added a partner to its litigation practice group, who joins the firm from Paul Hastings LLP fresh off the heels of guiding Prologis Inc. through a three-month jury trial in Los Angeles County Superior Court.
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February 04, 2026
States Consider Pumping The Brakes On Data Centers
At least six states, including Virginia, could prohibit new data center construction under proposed moratoriums this year, measures some attorneys say would be unprecedented for addressing concerns over resource usage and could invite constitutional questions.
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February 04, 2026
Real Estate Group Of The Year: Simpson Thacher
Simpson Thacher & Bartlett LLP guided Blackstone through its $16.2B acquisition of AirTrunk and $4 billion acquisition of a grocery-focused real estate investment trust, cementing the firm's spot among the 2025 Law360 Real Estate Groups of the Year.
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February 04, 2026
Construction Group Of The Year: Greenberg Traurig
Delivering major litigation wins coast-to-coast while negotiating more than $2.5 billion in construction contracts, Greenberg Traurig LLP earned a selection as one of the 2025 Law360 Construction Groups of the Year.
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February 04, 2026
Donahue Fitzgerald Adds Fennemore Craig Real Estate Atty
East Bay law firm Donahue Fitzgerald LLP said it has hired an Oakland, California-based Fennemore Craig PC attorney as a partner in its real estate group.
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February 04, 2026
3 Firms Work On $185M Manhattan Office Refinancing
Fried Frank Harris Shriver & Jacobson LLP, Milbank LLP and King & Spalding LLP advised on a $185 million refinancing of 1375 Broadway in midtown Manhattan, according to records made public Wednesday.
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February 04, 2026
Simon Property Group Plans $250M Revamp For 3 Malls
Simon Property Group will spend more than $250 million to renovate three malls located in Tennessee, Colorado and Florida sometime later in 2026, the retail-focused real estate investment trust announced Wednesday.
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February 04, 2026
NYC Real Estate Week In Review
Skadden Arps Slate Meagher & Flom LLP, McDermott Will & Schulte, Jeffrey Zwick & Associates PC and Romer Debbas LLP were among the law firms advising the biggest New York City real estate deals in deed filings last week, including two buildings that traded for over $100 million.
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February 04, 2026
Autonomous Construction Startup Raises $270M In Series B
Autonomous construction technology company Bedrock Robotics said Wednesday that it has raised $270 million in Series B funding after completing a mass excavation of a manufacturing site last year.
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February 03, 2026
OCC Urged To Scrap Escrow 'Giveaway' To Banks
Consumer advocates are urging the Office of the Comptroller of the Currency to abandon proposals they say would let national banks unfairly profit off homeowners' escrowed money, warning the plan unlawfully revives a rejected deregulatory playbook.
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February 03, 2026
CP Group, Time Equities Buy Denver Mixed-Use Property
Commercial real estate firm CP Group and real estate company Time Equities Inc. partnered up for "an off-market deal" to buy a 930,020-square-foot mixed-use office building located in Denver's Central Business District, the companies announced.
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February 03, 2026
Anthropic Inks SF Office Leases With Blackstone, DivcoWest
A Blackstone Real Estate-DivcoWest joint venture said it signed artificial intelligence company Anthropic to two separate leases for downtown San Francisco properties, including the entirety of a 25-story office tower.
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February 03, 2026
RealPage, Landlords Must Face Ky. AG's Antitrust Case
A Kentucky federal court refused to toss an antitrust case from the state attorney general's office accusing RealPage Inc. and several landlords of inflating rental rates through use of the software company's revenue management system.
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February 03, 2026
La. Museum Hotel Can't Get Full Tax Break, Panel Says
The Louisiana tax board incorrectly found that a hotel operated by a nonprofit World War II museum was totally exempt from property taxes, a state appeals court ruled, saying only a portion of its use is for tax-exempt purposes.
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February 03, 2026
RE Investment Firm Lines Up $447M For Military Tech Co.
U.S. Realty Advisors LLC has arranged $447 million worth of "build-to-suit" financing for military technology company L3Harris Technologies, which aims to use the funds for its "ongoing construction and expansion efforts," the real estate investment and asset management firm announced.
Expert Analysis
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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.
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How GSA Lease Clauses May Affect DOGE Terminations
The Department of Government Efficiency has begun to cut the U.S. General Services Administration's enormous real estate portfolio, but some standard lease clauses include limits helpful to landlords that may slow progress toward the administration's cost-cutting goals, say attorneys at Pillsbury.
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What SDNY Judge Can And Can't Do In Adams Case
The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.