Commercial

  • June 12, 2026

    Industrial REIT Fills 2 Key Vacancies In Indiana, Hawaii

    Industrial Logistics Properties Trust has signed leases for properties in Hawaii and Indiana totaling more than 2.7 million square feet, filling two of the real estate investment trust's largest portfolio vacancies, the REIT announced.

  • June 12, 2026

    Detroit Tried To Seize Project, Developer Says In Suit

    A development company that sought to revive a 38-acre Detroit hospital campus and transform it into a $148 million commerce and innovation hub has filed a complaint in Michigan bankruptcy court claiming the city of Detroit and the Detroit Land Bank Authority are unlawfully obstructing the project and trying to reclaim the parcel for political reasons.

  • June 12, 2026

    NJ Judge Orders RealPage Parties To Renew Discovery Talks

    A New Jersey federal magistrate judge on Friday adjourned an initial scheduling conference in the state's rent price‑fixing lawsuit against RealPage Inc. and a dozen multifamily landlords, warning the parties that they must show a good-faith effort to narrow their differences.

  • June 12, 2026

    Data Center Tax Fight Spurs Va. House Study Proposal

    Trying to move forward Virginia's budget, which has been snarled for weeks amid an intraparty fight over continuing tax breaks for data centers, state House Democrats proposed what they called a compromise plan Friday that would create a commission to study the centers.

  • June 12, 2026

    US Trustee Seeks Fee Cut For Weil In NYC Landlord Ch. 11

    The U.S. Trustee's Office is asking a New York bankruptcy judge to give Weil Gotshal & Manges LLP a 20% haircut on its fees for the Chapter 11 of a Manhattan landlord, saying the firm tried to lump together too many tasks in its billing entries.

  • June 12, 2026

    Miami Lakes Boutique Credits Client Approach For Success

    The boutique Gastesi Lopez Mestre & Cobiella PLLC in Miami Lakes, Florida, has more than doubled its attorney headcount since launching in 2019 and recently moved into a much larger office.

  • June 12, 2026

    Braemar To Cut Ashford Ties In Shift To Self-Managed REIT

    Luxury hotel owner Braemar Hotels & Resorts said Friday that it will become internally managed by canceling an advisory agreement with another company that shareholders have argued was the source of self-dealing by Braemar's board chairman, who resigned in the shake-up.

  • June 12, 2026

    Families Appeal Loss Against Lockheed Martin To 11th Circ.

    Three families who accused Lockheed Martin of causing their children's birth defects told a Florida federal court Thursday that they are appealing a May jury verdict in favor of the defense giant to the Eleventh Circuit.

  • June 11, 2026

    SEC Says PE Fund Hiding Info In Sealed Monitor Reports

    The U.S. Securities and Exchange Commission asked a Florida federal court on Wednesday to unseal reports by a court-appointed monitor of a private equity firm accused of defrauding investors in a $1 billion fund, arguing that the firm is abusing a sealing order to hide information from investors.

  • June 11, 2026

    Womble Bond Adds Ariz. Real Estate Partner

    Womble Bond Dickinson has hired a former Procopio Cory Hargreaves & Savitch LLP partner as a transactional real estate partner for its Phoenix office, the firm announced.

  • June 11, 2026

    KKR, Partners Back Helix AI Infrastructure Venture With $10B

    Private equity firm KKR, the Kuwait Investment Authority and Texas-based power generation company Vistra said Thursday they've launched a $10 billion company to deliver infrastructure needed for hyperscalers to meet demand for artificial intelligence technology.

  • June 11, 2026

    Panel Tosses NJ Mall's 3rd Bid To Force Parking Garage Build

    A New Jersey appeals court has dismissed a shopping center owner's third attempt to force construction of a parking garage imagined in a 2004 plan instead of a nine-story, mixed-use building developers pitched after Newark adopted policies against new parking lots in the area.

  • June 11, 2026

    Schwartz Sladkus Adds Ex-Moritt Hock Commercial Litigator

    A Moritt Hock & Hamroff LLP attorney with three decades of commercial and real estate litigation experience has moved his practice to Schwartz Sladkus Reich Greenberg Atlas LLP in Boca Raton, Florida, the firm said Thursday.

  • June 11, 2026

    3 Firms Guide AI Power Provider ZincFive's $752M SPAC Deal

    ZincFive, a company providing nickel-zinc batteries for data center and artificial intelligence markets, said Thursday it will go public using a special purpose acquisition company merger valuing the enterprise at $752 million, advised by Cooley LLP, Wilson Sonsini Goodrich & Rosati PC and Latham & Watkins LLP.

  • June 10, 2026

    Calif., Santa Clara County Sue To Halt Proposed ICE Facility

    Santa Clara County and the state of California sued the Trump administration in federal court Wednesday to stop it from building and operating an 18,700-square-foot short-term ICE detention holding facility on remote property that's been restricted to agricultural-related use for generations and is home to threatened and endangered species.

  • June 10, 2026

    Calif. Man Accused Of Faking Title Policies In $100M Fraud

    A California man was arrested Wednesday and accused of defrauding a bank of nearly $100 million by manipulating title policies to falsely indicate who held the first-lien position on certain loans and to make collateral pledged to the bank appear more valuable than it actually was.

  • June 10, 2026

    Abbott Wants Ratepayer Protections From Data Center Costs

    Texas Gov. Greg Abbott told the Public Utility Commission of Texas and the Electric Reliability Council of Texas on Wednesday to do what they can to shield the state's ratepayers from the costs of data center expansion projects.

  • June 10, 2026

    Fla. Panel Says Policy Breach Verdict Didn't Bar Bad Faith Suit

    A Florida appellate panel on Wednesday revived a restaurant owner's claims that its insurer acted in bad faith in not resolving a claim over losses from a roof collapse before the contract dispute went to trial, finding the extra-contractual damages the company sought had not yet been litigated.

  • June 10, 2026

    SpaceX Rocket Base Ruining Wildlife Habitat, Green Groups Say

    Environmental advocacy organizations told a D.C. federal district court Wednesday that Space Exploration Technologies Corp.'s use of formerly protected land near the Texas coast would endanger vulnerable wildlife, saying SpaceX's occasional rocket explosions spew debris directly into protected habitat.

  • June 10, 2026

    NY Bar Assoc. Building Gets OK For July Ch. 11 Confirmation

    The 2-year-old bankruptcy case of the historic former New York County Lawyers Association Building in lower Manhattan can move toward a July 7 final confirmation hearing, a federal bankruptcy judge has ruled.

  • June 10, 2026

    Snell & Wilmer Adds Ex-Banker To Seattle Finance Team

    A former commercial banker has joined Snell & Wilmer LLP as a partner in the firm's commercial finance practice group, where she will focus on real estate-secured financing and loan workouts.

  • June 10, 2026

    Florida Appeals Court Revives Asset Probe Of Law Firm

    A Florida appeals court said Wednesday that real estate investment firm Sasha Investments LLC should not have been blocked from seeking discovery from a law firm to collect on a $2.1 million default judgment.

  • June 10, 2026

    Law Firms Fuel Demand For Prime Office Space, Report Says

    Law firm office leasing has started 2026 strong, with firms expanding their footprints and accelerating investments in artificial intelligence as other industries continue to reassess their workplace needs, according to a new report from commercial real estate brokerage Cushman & Wakefield.

  • June 10, 2026

    Perkins Coie Atty Talks Tax Law 'Tension' In Data Center REITs

    A real estate investment trust can be an attractive business model for data centers, but complying with federal REIT rules is tricky for properties with digital infrastructure, given their unique needs, according to a Perkins Coie LLP partner.

  • June 10, 2026

    Gibson Dunn Leads Data Center Power Provider's $600M IPO

    Houston, Texas-based ERock, which supplies natural gas power systems to data centers, began trading Wednesday after raising $600 million at the midpoint of its range with Gibson Dunn & Crutcher LLP and Davis Polk & Wardwell LLP advising.

Expert Analysis

  • NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid

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    A New Jersey bankruptcy court's recent decision in New Rite Aid affirms that landlords can have "stub rent" treated as an administrative expense and highlights critical considerations for debtors, including the importance of deciding when and where to file for bankruptcy, say attorneys at Cleary.

  • What Changed For Healthcare Transaction Law In 2025

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    Though much of the legislation introduced last year to expand state scrutiny of healthcare transactions did not pass, investors should pay close attention to the overarching trends, which are likely to continue in this year's legislative sessions, say attorneys at Ropes & Gray.

  • How Developers Can Harness New Texas Zoning Framework

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    A Texas law introducing a new zoning framework has the potential to unlock meaningful multifamily development opportunities, but developers and their project teams should follow four steps to help identify how affected cities are interpreting and implementing the new law, says Angela Hunt at Munsch Hardt.

  • What To Know About NY's Drastic 3rd-Party Practice Changes

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    Last month, New York Gov. Kathy Hochul signed a law establishing new time limits for the commencement of third-party actions, which will have dramatic effects on insurance defense practice, particularly cases involving construction site accidents or claims of premises liability, says Shawn Schatzle at Lewis Brisbois.

  • Expect A New Normal In Commercial Real Estate This Year

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    Even amid office vacancies and a wave of loan maturities, the commercial real estate market isn't as volatile as one might expect heading into 2026, but market stress is still uniquely intersecting with broader business challenges, creating new opportunities for corporate counsel and other practitioners beyond real estate, says Mark Bell at Stinson.

  • For Data Centers, Both Hyperscale And Edge Are Key In 2026

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    Recent trends in development of data centers highlight the importance of proactive attention to the zoning, permitting, interconnection and contractual issues associated with both hyperscale and edge facilities, in order to position projects for responsible growth in 2026 and protect their long-term value amid rapid technological and regulatory change, say attorneys at Sidley.

  • 5 Lender Strategies When A Commercial Borrower Defaults

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    With an estimated $2 trillion in commercial real estate loans set to mature by 2027, now is an opportune time for lenders to review practices on both the front and back ends, and understand the full range of options available in the event of a default, says Keith Mundrick at Amundsen Davis.

  • How Workforce, Tech Will Affect 2026 Construction Landscape

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    As the construction industry's center of gravity shifts from traditional commercial work to infrastructure, energy, industrial and data-hosting facilities, the effects of evolving technology and persistent labor shortages are reshaping real estate dealmaking, immigration policy debates and government contracting risk, say attorneys at Cozen O'Connor.

  • Receivership Law May Streamline Real Estate Sales In Illinois

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    The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.

  • How Choice Of Law Won The Day In NC Biz Court COVID Case

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    The North Carolina Business Court recently ruled for policyholders in Tanger Properties v. ACE American Insurance, a business interruption lawsuit arising from the pandemic-related closure of Tanger outlet centers, underscoring the significant role that choice of law plays in insurance coverage disputes, say attorneys at Hunton.

  • The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations

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    Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.

  • California Vapor Intrusion Policy Should Focus On Site Risks

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    As California environmental regulators consider whether to change the attenuation factor used in screenings for vapor intrusion, the most prudent path forward is to keep the current value for screening purposes, while using site-specific, risk-based numbers for cleanup and closure targets, says Thierry Montoya at Frost Brown.

  • What To Watch As NY LLC Transparency Act Is Stuck In Limbo

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    Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.