Commercial

  • June 17, 2026

    NC Biz Court Narrows Fight Over Flopped Development Deal

    A private lender and its top brass have shaved a host of claims from a dispute with the part-owners of a real estate development project that never got off the ground, with a North Carolina Business Court judge finding that many of the allegations against them were too "thin" to advance.

  • June 17, 2026

    Paul Weiss-Led Data Center Operator Csquare Files IPO Plans

    Data center operator CSquare Inc. has filed plans with the U.S. Securities and Exchange Commission for its initial public offering, steered by Paul Weiss Rifkind Wharton & Garrison LLP and Latham & Watkins LLP.

  • June 17, 2026

    Mich. Township Says Pot Shop Missed Permit Deadlines

    A west Michigan township has told a federal judge that a local cannabis business alleging the township improperly refused to issue it a permit and prevented it from opening in fact missed the deadline for the permit in question.

  • June 17, 2026

    Lender Says Co. Defaulted On $5M Loan, Tanked Pot Site Value

    A cannabis real estate company and an affiliate gutted a $27 million cultivation facility, stopped paying taxes on it and defaulted on a $4.6 million clean-energy loan, according to a federal lawsuit by the lender, which seeks a court-ordered sale of the property.

  • June 17, 2026

    SoHo Building Owner In NYC Eyes August Ch. 11 Confirmation

    The owner of a mixed-use building in Manhattan's SoHo neighborhood hopes to soon be able to seek votes on its Chapter 11 restructuring plan, which will transfer title of the property to the debtor's senior lender.

  • June 17, 2026

    The World's Biggest Data Center Market Is At A Crossroads

    Public opposition has put Virginia's long-held status as a key hub for data center development in jeopardy, and the industry is likely to turn against the state if lawmakers decide to remove a much-loved tax break, according to a DLA Piper land-use partner.

  • June 17, 2026

    McDermott Expands NYC Footprint With BXP Tower Lease

    McDermott Will & Schulte is expanding its New York City presence by signing a seven-floor, 150,000-square-foot lease in a 46-story, 930,000-square-foot Midtown Manhattan office tower project that's being developed by real estate company BXP, the law firm announced.

  • June 17, 2026

    Sandberg Phoenix Expands In Fla. With Dunlap Moran Combo

    Sandberg Phoenix has expanded its Sunshine State footprint by absorbing the team from Gulf Coast firm Dunlap Moran PA.

  • June 17, 2026

    Fla. Creates Special District With Power To Levy Property Tax

    Florida established an independent special district in Hillsborough County that may impose taxes, including property taxes if approved by voters in a referendum, under a bill signed by Gov. Ron DeSantis.

  • June 17, 2026

    CoStar, Brokers Accused Of Sharing Data To Fix Rents

    A proposed class of commercial tenants has alleged CoStar Group Inc., Colliers International Group Inc., Colliers International USA LLC, Cushman & Wakefield and others ran a rent-fixing scheme that involved real estate companies using CoStar's platform to share confidential lease transaction information in order to avoid undercutting each other.

  • June 17, 2026

    Gowling-Led REIT To Buy Senior Living Assets For £108M

    Social Housing REIT said Wednesday that it has agreed to acquire a retirement housing portfolio from Residential Secure Income, which is undergoing managed liquidation, for approximately £108.3 million ($145 million) in a bid to lead the "living REIT" sector in Britain.

  • June 16, 2026

    Landlord Says $158K Fine Over Alleged Pot Growing Illegal

    The city of Fresno, California, imposed an "excessive fine" for what it claimed was marijuana cultivation and allowed the plants to be destroyed before a landlord could challenge its finding, he contended in a federal lawsuit, saying he had no idea his tenant was allegedly growing cannabis.

  • June 16, 2026

    Connecticut Owner Barred From Razing 1835 Captain's House

    At Connecticut's request, a state judge has briefly barred a property owner from demolishing a nearly 200-year-old house, giving the parties time to argue whether longer-lasting protections are warranted after the state sought to include the building in a proposed historic district.

  • June 16, 2026

    Research Credit OK'd In 4 Of 6 Middle East Building Projects

    Owners of an Illinois architectural firm that undertook six building projects in the Middle East may be eligible to claim research credits for four of the projects because the firm retained substantial rights under those contracts, the U.S. Tax Court held Tuesday.

  • June 16, 2026

    Mich. Township Says Man Admitted Church Wasn't His

    A west Michigan township accused of illegally demolishing a historic church is asking a federal judge not to allow a town resident to amend his complaint alleging the property belonged to him, arguing the plaintiff previously admitted that the church did not belong to him.

  • June 16, 2026

    Skadden Adds Investment Management Trio In DC, Abu Dhabi

    Skadden Arps Slate Meagher & Flom LLP has hired three former lawyers from Akin Gump Strauss Hauer & Feld LLP who will work with investment management clients in Abu Dhabi and Washington, D.C., according to a Tuesday announcement.

  • June 16, 2026

    Red Rock Resorts Picks Campbell & Williams Boss As New GC

    Red Rock Resorts Inc. has hired the co-founder of Las Vegas-based boutique law firm Campbell & Williams as its new general counsel and executive vice president, according to the holding company's Form 8-K filing.

  • June 16, 2026

    Colo. Justices Say PUD Pacts Can't Be Changed By Ballot

    Planned unit development agreements are administrative matters that must be changed through the statutory amendment process, not by citizen initiative, the Colorado Supreme Court ruled, blocking a bid by a property owner and local petitioners to put a Telluride PUD change before voters.

  • June 16, 2026

    Justices' Penalty Ruling Won't Sink Tax Case, 5th Circ. Told

    The U.S. Supreme Court's recent decision upholding federal agency fines without a jury trial doesn't undermine a challenge against IRS penalties tied to a charitable tax deduction for a Louisiana conservation easement contribution, the partnership donor told the Fifth Circuit.

  • June 16, 2026

    Building's $108M Taxable Value Too High, Minn. Justices Told

    A Minnesota office building was overvalued at $108 million, its owner told the state Supreme Court, challenging the state tax court's reconciliation of competing appraisers' conclusions and other matters.

  • June 16, 2026

    Gunster Adds Former Fla. Agricultural Water Policy Leader

    The former director of agricultural water policy at the Florida Department of Agriculture and Consumer Services has entered private practice at Gunster in Tallahassee, the firm announced Monday.

  • June 16, 2026

    Calif. Fraudster Gets 13 Years For Fake NYC Law Firm Scam

    A Manhattan federal judge sentenced a California fraudster to 13 years in prison Tuesday for impersonating prosecutors and a law firm as he defrauded a New York City architectural business, capping a 20-year career of "duplicity, theft and dishonesty."

  • June 16, 2026

    3 Firms Advise Vornado's $1.1B NYC Office Interest Stake Deal

    Vornado Realty Trust has wrapped up its $1.1 billion purchase of a 49% interest stake for a 45-story New York City office tower in a transaction that was guided by Sullivan & Cromwell LLP, Herbert Smith Freehills Kramer and Paul Hastings LLP.

  • June 16, 2026

    London REIT Rebuffs Glenstone's £56M Takeover Offer

    Commercial property company Alternative Income REIT PLC urged its shareholders Tuesday not to take any action in response to a takeover offer of approximately £56.4 million ($75.6 million) by its largest shareholder Glenstone REIT PLC.

  • June 16, 2026

    Consortium Outlines Terms Of £403M Picton Property Deal

    LondonMetric Property PLC and a unit managed by asset manager Schroders said Tuesday they are continuing discussions over an all-share acquisition of Picton Property Income Ltd., a U.K. real estate investment trust.

Expert Analysis

  • 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.

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

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    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.

  • How GSA Lease Clauses May Affect DOGE Terminations

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    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.