Commercial

  • May 04, 2026

    Minn. Valuation Tampering Claim Knocked Down By Tax Court

    A Minnesota attorney's claim that a county assessor tampered with a witness in a valuation dispute was rejected by the state's tax court, which called the accusation "scurrilous" and found the attorney willfully failed to timely disclose key information.

  • May 04, 2026

    3 Firms Guide New Blackstone REIT In $1.8B IPO Target

    A Blackstone real estate investment trust focused on data centers aims to raise $1.8 billion in an upcoming initial public offering next week advised by Simpson Thacher & Bartlett LLP and Paul Hastings LLP.

  • May 04, 2026

    Tax Court Slashes $30M Deductions For Georgia Easements

    The U.S. Tax Court slashed two partnerships' charitable tax deductions worth a combined $30 million for a pair of conservation easement donations, ruling Monday that the easements' outsize valuation was an attempt to make "too many fast nickels."

  • May 04, 2026

    Healthcare REIT OKs $528M Outpatient Medical Portfolio Sale

    National Healthcare Properties Inc. has agreed to sell an 86-property outpatient medical portfolio in a $528 million sale that's supposed to be completed in 2026's third or fourth quarter, the healthcare-focused real estate investment trust announced May 4.

  • May 04, 2026

    Managers Of Embattled Easement Say RICO Suit Lacks Details

    Investment fund managers behind a conservation easement donation whose charitable tax deduction was embroiled in litigation asked a Georgia federal court to toss a racketeering suit against them by a pair of investors, arguing the fraud claims do not match the allegations.

  • May 04, 2026

    Two Harbors Backs CrossCountry Bid Over $1.3B UWM Offer

    Two Harbors Investment Corp.'s board of directors prefers CrossCountry Mortgage LLC's proposed $1.2 billion all-cash acquisition of the real estate investment trust over UWM Holdings Corp.'s revised $1.3 billion all-stock bid, which "is inferior across multiple dimensions," Two Harbors announced on Monday.

  • May 04, 2026

    NYC Real Estate Week In Review

    Goodwin Procter and Polsinelli are among the law firms that guided the largest New York City real estate deals that hit public records last week, with a Bronx buy topping the list.

  • May 04, 2026

    4 Firms Guide Global Net Lease's $535M Modiv Industrial Buy

    Global Net Lease said May 4 that it has agreed to pay $535 million to acquire industrial-focused real estate investment trust Modiv in a deal advised by Paul Weiss Rifkind Wharton & Garrison LLP, Greenberg Traurig LLP, Morrison Foerster LLP and Venable LLP.

  • May 04, 2026

    REIT Offloads NYC Hotel For $33M Ahead Of Needed Repairs

    Real estate investment trust DiamondRock Hospitality said May 4 that it has sold its stake in a Manhattan hotel for $33 million ahead of upcoming capital improvement needs at the property.

  • May 01, 2026

    Mass. Residents Sue Over Data Center's Expansion

    A group of Lowell, Massachusetts residents has accused the state's Department of Environmental Protection of wrongfully approving "a flawed air quality plan" for the expansion of a 14-acre, 352,000-square-foot data center that's allegedly been polluting their community.

  • May 01, 2026

    Lender Seeks Sale Of Colo. Building After $22.3M Default

    An Arizona investment firm asked a Colorado state court judge to foreclose on a commercial condominium after the owners defaulted on more than $22 million worth of loans.

  • May 01, 2026

    Hartford Unit Owed Contractor Coverage In Data Center Row

    A Hartford insurance specialty unit had a duty to defend a building contractor against an underlying suit over a data center's construction even after defamation claims were dropped, a California federal judge ruled, finding that existing claims could have exposed the contractor to additional defamation allegations.

  • May 01, 2026

    Extell Eyes Upper West Side Supertall Residential Tower

    Extell Development is seeking to build a nearly 1,200-foot residential tower on the Upper West Side in Manhattan, the tallest proposed residential project in New York, according to filings with the city in late April.

  • May 01, 2026

    Saks Gets OK For Plan Disclosure With Creditor Deal

    A Texas bankruptcy judge Friday approved Saks Global's Chapter 11 plan disclosure statement after hearing the retailer had struck a deal to split future litigation proceeds between the providers of its bankruptcy financing and its unsecured creditors.

  • May 01, 2026

    Continuum JV Lands $344M For 2-Tower Miami Project

    Developer Continuum Co. said its joint venture has secured $344 million in construction and predevelopment loans to pursue a two-tower project on Biscayne Bay that could construct more than 500 condo units in two phases.

  • April 30, 2026

    Verizon Slaps Landowner With Counterclaims Over Tower Lease

    Verizon is fighting back after a North Carolina federal judge declared that the lease for land a cell tower was constructed on is invalid, laying down a set of counterclaims accusing the landowner of using it to build up the site before canceling the lease.

  • April 30, 2026

    Real Estate Manager Wants Widow's Forgery, Fraud Suit Nixed

    The head of a real estate management company urged a Connecticut state court Wednesday to strike a widow's suit accusing him of using forgeries to strip her of an ownership stake in a related holding company allegedly worth more than $20 million.

  • April 30, 2026

    Judge Spares Offshore Wind Farm In Resident Noise Suit

    A New Jersey federal judge dismissed a challenge from a group of residents to an offshore wind development, finding state laws regulating construction noise and operation don't apply to the work authorized by Congress.

  • April 30, 2026

    Cannabis Dispute Ends With Plaintiff Co. Facing $1.34M Default

    A California state court snuffed out a Los Angeles cannabis company's fraud lawsuit against its investors and landlords, which were accused of stealing $40 million and wrecking its cannabis license, opening the door for the ex-business partners to score a $1.34 million default judgment.

  • April 30, 2026

    Gaming REIT Execs Talk State Regs, Insurance, Caesar's

    In calls to discuss their first-quarter results with analysts last week, officials from gaming-focused real estate investment trusts Gaming and Leisure Properties and VICI Properties spoke about sources of capital, a potential Caesar's take-private deal, and risks posed by various state efforts to expand legal gambling.

  • April 30, 2026

    Broker Says RE Biz Partner Stole Over $1M In Funds

    A North Carolina real estate broker has alleged in a lawsuit designated by the state's business court on Wednesday that his real estate development partner stole more than $1 million from companies they own together.

  • April 30, 2026

    AH Realty Trust Seeks To Revamp Board In Strategic Shift

    AH Realty Trust is trying to revamp its board of directors so it has nominated an ex-Morgan Stanley executive and a cannabis-focused real estate investment firm's chief financial officer, the real estate investment trust announced April 30.

  • April 30, 2026

    Acres Commercial To Internalize Management With Merger

    Hunton Andrews Kurth LLP advised as Acres Commercial Realty Corp. acquired Acres Capital Corp. in a transaction to internalize the real estate investment trust's manager and more than double its assets under management.

  • April 29, 2026

    Enterprise AI Adoption Drives Data Center REIT Gains

    Digital infrastructure demand grew among businesses seeking to use artificial intelligence systems at scale and drove lofty gains in first-quarter earnings for data center real estate investment trusts Equinix Inc. and Digital Realty Inc., executives said in recent earnings calls.

  • April 29, 2026

    Utah Biz Owner Says Colo. Cannabis Store Owners Owe $4.8M

    The owners of a chain of Colorado retail cannabis stores were accused by a Utah-based entrepreneur in Colorado federal court Tuesday of owing more than $4.8 million in unpaid obligations, including more than $2 million in unpaid loans and nearly $2 million in airplane expenses.

Expert Analysis

  • Climate Among Many Factors Driving Up RE Insurance Costs

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    A proactive approach to risk management may determine the viability of the U.S. commercial real estate sector as weather crises and other factors drive insurance costs higher, says Ulrick Matsunaga at Crosbie Gliner.

  • Bid Protest Spotlight: Debriefings, Timeliness, Documentation

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    ​James Tucker at MoFo examines three recent decisions from the Federal Circuit, the U.S. Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.

  • A Look At Recent Case Law On Expedited Judgment In NY

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    A number of recent New York state court decisions clarify and refine the contours surrounding Civil Practice Law and Rule 3213, providing landlords, lenders and other payees guidance on how to seek accelerated judgment in certain litigation, says Alexander Lycoyannis at Holland & Knight.

  • Dealmaker Lessons From CFIUS' New Enforcement Webpage

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    The Committee on Foreign Investment in the United States’ recently launched webpage, which details the actions — and inactions — that led to enforcement activity, provides important insights for dealmakers about filing requirements, mitigation commitments and the cost of noncompliance, say attorneys at Dechert.

  • Reassessing Lease Provisions To Account For ESG Initiatives

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    As companies seek to build ESG considerations into their businesses, it's crucial to understand how such initiatives can quickly become significant enough to compel reassessment of lease agreement provisions, and how best to modify leases accordingly, say Julian Freeman and Gabe Pitassi at Cox Castle.

  • Avoid Getting Burned By Agencies' Solar Financing Spotlight

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    Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.

  • Co-Tenancy Clause Pointers For Shopping Center Landlords

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    Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at Cox Castle.

  • Assessing Algorithmic Versus Generative AI Pricing Tools

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    A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.

  • Navigating A Potpourri Of Possible Transparency Act Pitfalls

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    Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.

  • Keys To Successful Commercial Property Insurance Claims

    Excerpt from Practical Guidance
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    While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.

  • Tips For Handling Single Asset Real Estate Bankruptcy Cases

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    Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset real estate debtor Chapter 11 cases, which generally arise when a debtor is forced to file for relief to stop an impending foreclosure sale.

  • Increased Scrutiny Raises Int'l Real Estate Transaction Risks

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    Recently proposed regulations expanding the Committee on Foreign Investment in the United States' oversight, a White House divestment order and state-level legislative efforts signal increasing scrutiny of real estate transactions that may trigger national security concerns, say Luciano Racco and Aleksis Fernández Caballero at Foley Hoag.

  • Portland's Gross Receipts Tax Oversteps City's Authority

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    Recent measures by Portland, Oregon, that expand the voter-approved scope of the Clean Energy Surcharge on certain retail sales eviscerate the common meaning of the word "retail" and exceed the city's chartered authority to levy tax, say Nikki Dobay at Greenberg Traurig and Jeff Newgard at Peak Policy.