Commercial

  • July 20, 2026

    Groups Seek Win In Suit Over Big Bend Border Wall Waivers

    Environmental and community groups asked a Texas federal judge Friday to grant them summary judgment in their lawsuit challenging the Trump administration's waiver of dozens of environmental and other federal laws to speed border wall construction across roughly 430 miles, arguing it's a clear violation of the major questions doctrine.

  • July 20, 2026

    Green Groups Ask Court To Bar SpaceX Texas Land Transfer

    Environmental groups asked a D.C. federal court Monday to halt a deal that will see hundreds of acres of formerly protected habitat near the Texas Coast transferred to Space Exploration Technologies Corp., saying that an immediate injunction is needed to block the transfer while litigation plays out.

  • July 20, 2026

    Investors Seek $1.34M Judgment Against Cannabis Venture

    An investment company is looking to secure a $1.34 million default judgment against the cannabis venture that previously sued it for $40 million, according to a notice filed by the investor that said the cannabis entity's suit was tossed.

  • July 20, 2026

    Ex-Worker, Ga. Property Manager End ADA Suit Over Firing

    A property management firm and a former employee who accused it of discrimination have reached an agreement to end the ex-worker's Americans with Disabilities Act lawsuit, according to paperwork filed Monday in Georgia federal court.

  • July 20, 2026

    Prysmian, Molex Ink $6.2B Deal For Data Center Cables

    Cable manufacturer Prysmian has signed a 10-year, more than $6.2 billion supply agreement with Koch Inc. subsidiary and electronics company Molex to make optical cables for data centers, Prysmian announced Monday.

  • July 20, 2026

    NJ Justices Call Land Swap An Abuse Of Eminent Domain

    The New Jersey Supreme Court ruled unanimously Monday that a municipality violated state law and constitutional limits when it condemned two privately owned parcels of land to trade them to a developer, holding that the town never intended to put the seized properties to public use.

  • July 20, 2026

    Masonry Co. Owner To Pay $7.2M Over Amtrak Bribery Plot

    The owner of an Illinois-based masonry contracting company who last year pled guilty to conspiring to bribe an Amtrak employee to get favorable contract terms for the renovation of Philadelphia's 30th Street Station has agreed to pay more than $7.2 million to resolve civil claims stemming from the scheme, prosecutors said.

  • July 20, 2026

    Walker & Dunlop Sets Up $230M Refi For Manhattan Landmark

    Walker & Dunlop Inc. has lined up a $228.9 million floating-rate, interest-only refinancing loan for the historic Textile Building, which has stood in Manhattan's Midtown South neighborhood for more than a century and has been redeveloped into an office tower, the commercial real estate financier announced Monday.

  • July 20, 2026

    Peachtree Lends $150M For Fla. Hotel Portfolio Near Disney

    Atlanta's Peachtree Group said Monday that it extended its largest-ever bridge loan by originating $150 million to refinance a group of four hotels with nearly 1,000 combined keys adjacent to Walt Disney World Resort in Florida.

  • July 20, 2026

    NYC Real Estate Week In Review

    Wachtel Missry and Herrick Feinstein are among the law firms that assisted with the largest New York City real estate deals that hit public records last week, with a $100 million Manhattan transaction leading the way.

  • July 20, 2026

    Greystar Settles Out Of Kentucky's RealPage Antitrust Case

    Kentucky has settled its antitrust claims against landlord Greystar Management Services LLC, which the state accused in federal court of using RealPage's revenue management software to engage in rent price-fixing.

  • July 20, 2026

    NYC Building Owner Seeks $8.6M Ch. 11 Sale Approval

    New York luxury property broker Ilan Bracha is under contract to buy a Manhattan mixed-use building in a bankruptcy for at least $8.6 million, after the death of a property owner in 2024 triggered a foreclosure action from a lender.

  • July 20, 2026

    4 Firms Steer Brookfield, CPP's $5.2B LXP Industrial Deal

    Brookfield Asset Management and Canada Pension Plan Investment Board have agreed to acquire U.S. warehouse portfolio owner LXP Industrial Trust in an all-cash deal valued at about $5.2 billion, including debt, the companies said Monday.

  • July 20, 2026

    Kirkland, Latham Guide $2.1B Healthpeak, Brookfield JV Deal

    Kirkland & Ellis LLP-advised Brookfield Asset Management will pay Latham & Watkins LLP-led Healthpeak Properties $1 billion to buy a minority stake in a $2.1 billion Healthpeak portfolio of outpatient medical buildings spanning 11 states, according to a Monday deal announcement.

  • July 17, 2026

    Wash. Owner Of Sites Gets 20 Months For $4.8M Tax Evasion

    A commercial real estate owner who was convicted of tax evasion for concealing roughly $4.8 million in income from the IRS was sentenced to nearly two years in prison by a Washington federal judge.

  • July 17, 2026

    ICE Wants Bids For Detention Center Work Worth Up To $10B

    U.S. Immigration and Customs Enforcement has posted a five-year contract worth $10,000 to $10 billion for ICE detention center construction, demolition, maintenance and renovation work. 

  • July 17, 2026

    Disabled Patron Sues Calif. Cannabis Shop, Landlord

    A Los Angeles County shopping center and a cannabis dispensary within it have been sued in state court over claims that the property's parking lot, pathways and entrance have obstacles that make it difficult and even dangerous for the plaintiff, who has physical disabilities, to shop there.

  • July 17, 2026

    SIMAD Scores Bids For 2 More Summer Camps In Ch. 11

    Summer camp holding company SIMAD has asked a New Jersey bankruptcy judge to sign off on new stalking horse offers totaling over $30 million to set the floor for a Chapter 11 auction of two of its New York summer camps.

  • July 17, 2026

    Conn. Justices Uphold Nonprofit Center's Renovation Plan

    The Connecticut Supreme Court on Friday said a nonprofit cultural center was legally clear to have renovated a building on its nearly 80-acre New Canaan property, finding a town zoning appeals board in 2019 correctly denied neighbors' challenges to a permit obtained from a zoning enforcement officer.

  • July 17, 2026

    Core Scientific Data Center Builder Hit With $2.5M Suit

    A contractor brought on to build a data center owned by cryptocurrency mining company Core Scientific Inc. is accused of owing a subcontractor $2.5 million after it failed to pay for completed work, according to a new lawsuit in North Carolina federal court.

  • July 17, 2026

    Ex-Safehold Deputy GC, Former Sidley Attys Join Norm Law

    Legal and compliance startup Norm Ai has announced the hiring of a former Sidley Austin LLP partner as head of tax for its affiliate law firm, as well as two new partners for its real estate group.

  • July 17, 2026

    Polsinelli Adds Wick Phillips Real Estate Pro In Dallas

    National law firm Polsinelli PC has shored up its commercial real estate offerings with a Dallas-based shareholder who previously practiced with Texas firm Wick Phillips.

  • July 16, 2026

    Zaslav-Backed Bid Sets Floor For SIMAD Summer Camp

    A group backed by Warner Bros. Discovery CEO David Zaslav is making a $68 million stalking horse bid for Mohawk Day Camp, one of a collection of camps run by SIMAD Holdings that are up for sale in its Chapter 11 proceeding.

  • July 16, 2026

    Affinius Originates $176M Fla. Student Housing Loan

    Affinius Capital LLC completed a $176.6 million construction loan origination for a four-story, 484-unit Orlando student housing project that is going to be built in two phases at the University of Central Florida, the real estate investment firm announced.

  • July 16, 2026

    Unstable NYC Building Promises Complex Claims Process

    A structural failure that threatened a major collapse at a 37-story Manhattan building undergoing an office-to-residence conversion promises to trigger a complicated insurance claims process. Here, Law360 looks at some of the major questions at stake following the July 7 incident.

Expert Analysis

  • Breaking Down Expense Allocation In Mixed-Use Properties

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    Rapid increases in condominium fees and special assessments, driven by multiple factors such as rising insurance costs and expanded safety requirements, are contributing to increased litigation, so equitable expense allocation in mixed-use properties requires adherence to the governing documents, says Mike Walden at FTI Consulting.

  • What Fla. Trends Reveal About AI In Real Estate Development

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    Property developers can begin to understand how artificial intelligence tools are changing the real estate industry by studying Florida, where developers are using AI to speed vital processes, and AI disclosure and ethics requirements are proliferating, says Ben Mitchel at Shubin Law.

  • 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.