Commercial

  • August 26, 2026

    Eric Adams' Onetime Aide Says Feds' Bribery Rap Is Too Thin

    A former chief of staff to ex-New York Mayor Eric Adams told a federal judge Tuesday that prosecutors' claims that a hotel owner secured a $6.8 million migrant housing contract by papering City Hall with bribes is woefully short on detail, and the government should be ordered to flesh it out.

  • August 26, 2026

    Trump Dumps Six Figures Of Vici Properties, CoStar Stock

    The biggest changes in President Donald Trump's real estate stock portfolio in June were sales of Vici Properties and CoStar Group shares with a combined value of up to $715,000, according to Law360's analysis of an Office of Government Ethics filing out this week.

  • August 26, 2026

    Groups Ask Congress To Reject Idaho Toxic Waste Land Swap

    The Center for Biological Diversity, Snake River Waterkeeper and ManaSota-88 Inc. urged Congress on Wednesday to remove a provision from the National Defense Authorization Act that the center says would "cede historic lands of the Shoshone-Bannock Tribes in Idaho to expand a radioactive waste dump at one of the country's largest Superfund sites."

  • August 26, 2026

    Cash Advance Funders Sue Summer Camp Owners In Ch. 11

    A fast-cash funder has sued the now-bankrupt brothers who ran their summer camp empire into the dirt for guaranteeing nearly $6.4 million of loans earlier this year, alleging they were already insolvent and had no intent to repay the funds.

  • August 26, 2026

    4 Factors That May Decide Success Of IRS Easement Office

    As practitioners scrambled to meet deadlines to settle clients' disputes over conservation easement tax deductions, the IRS made a surprise announcement this month that it would establish an office to solely focus on such cases. Here, Law360 looks at how four factors will affect whether the IRS achieves its stated plans for the office.

  • August 26, 2026

    StepStone Closes $1.7B Secondaries Infrastructure Fund

    Latham & Watkins LLP-advised StepStone Group Inc., a private equity shop, on Wednesday revealed that it wrapped its latest secondaries infrastructure fund and related separate accounts with $1.7 billion in tow.

  • August 26, 2026

    Cos. Disguised Site Clearing as Logging, S.C. Neighbor Says

    A property owner revived claims in South Carolina federal court that a group of companies cleared a site for development under the guise of a logging operation to avoid installing sediment and stormwater management systems, all while the city of Greer, South Carolina, failed to enforce any regulations at the property.

  • August 26, 2026

    Jadian Capital Nets $277M Industrial Outdoor Storage Loan

    Alternative real estate investment firm Jadian Capital's industrial outdoor storage platform secured a $277 million loan from Apollo Global Management Inc. affiliates to finance a 37-property portfolio, the investment firm announced Wednesday.

  • August 26, 2026

    Troutman Hires ArentFox Schiff Real Estate Partner In Boston

    Troutman Pepper Locke LLP has added to its real estate practice group in Boston an ArentFox Schiff LLP partner whose national practice spans more than 40 states, the firm announced Wednesday.

  • August 26, 2026

    Rising Star: Elkhoury Law's Andrew Elkhoury

    Andrew Elkhoury has made a successful transition from BigLaw to solo practice at Houston-based Elkhoury Law PLLC, highlighted by his selection by Texas' Harris County to develop and implement a design-build program for its future construction projects — earning him a spot among the construction law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 26, 2026

    Rising Star: Hogan Lovells' Elizabeth L. Banks

    Hogan Lovells Cadwalader's corporate and finance partner Elizabeth L. Banks has advised on major deals, such as multifamily real estate investment trust Elme Communities' $1.6 billion sale of a 19-property portfolio, and retail-focused REIT Kite Realty Group Trust's $1 billion senior notes offerings, which earned her a spot among the real estate lawyers under age 40 honored by Law360 as Rising Stars.

  • August 26, 2026

    Volato Group Inks $500M AI Infrastructure Merger Deal

    Atlanta, Georgia-based Volato Group plans to shift its business focus from aviation-focused artificial intelligence software to AI infrastructure as part of a merger with Alignment Engine Inc. valuing the Ohio-based company at $500 million.

  • August 26, 2026

    These Firms Have Guided Top Higher Ed Real Estate Projects

    In tandem with the start of the fall 2026 semester, Law360 Real Estate Authority takes a look at the 10 largest ongoing nonresidential higher ed real estate projects and the law firms and lawyers that have been assisting.

  • August 26, 2026

    JLL Guides $856M Financing For Boston Mixed-Use Tower

    Developer Millennium Parters has secured $856 million in total financing from Morgan Stanley, Barclays and Nuveen Green Capital for a Class A office and luxury residential tower that is the tallest building in Boston's financial district, according to an announcement from broker JLL on Wednesday.

  • August 26, 2026

    Pondering New Life For Miami Courthouse On Auction Block

    Amid the new towers reshaping Miami's skyline, one of the city's most prominent buildings is looking for its second act, as bids close this Friday in an auction for the shuttered Miami-Dade Courthouse. Law360 Real Estate Authority recently spoke with Zion Mass, founder of Miami-based Mass Construction, about the prospects and pitfalls confronting potential bidders.

  • August 25, 2026

    Airport Terminals Co. Wants DC Circ. To Revive Contracts Suit

    A California-based company that builds and operates private luxury airport terminals is appealing the dismissal of its suit in a District of Columbia federal court against the Metropolitan Washington Airports Authority, which was accused of deliberately trying to avoid awarding the company airport terminal construction contracts.

  • August 25, 2026

    Pot Shop Seeks Quick Win Against Jushi On Antitrust Claims

    A Massachusetts dispensary is urging a federal court to rule that cannabis giant Jushi Holdings and others violated antitrust law by using a $10 million merger provision designed to block the dispensary from opening a nearby store, causing it to ultimately crumble.

  • August 25, 2026

    Summer Camp Owner Accused Of $13M COVID Relief Fraud

    Federal prosecutors said Tuesday that 26 summer camps illegally reaped more than $13 million from a COVID-19 relief program after one of their now-bankrupt owners allegedly "repeatedly lied" on loan documents.

  • August 25, 2026

    Ga. Justices Press Hotel Co. On Bid To Upend $38.4M Loss

    Georgia's highest court questioned Tuesday whether precedent supported a hotel operator's push to unravel a $17.4 million attorney fee award that came on top of $21 million in damages won by a teenager who was assaulted at one of the company's inns.

  • August 25, 2026

    Hotel Developer Says Architect Botched Design, Cost $10M

    The developer of a luxury hotel in Aspen, Colorado, claimed that the project's architecture firm caused more than $10 million in damages by making a series of errors and omissions in its work, according to a complaint filed Monday in Colorado state court.

  • August 25, 2026

    Developers Plan $350M Retail, Residential Project in Tenn.

    A Chattanooga, Tennessee-based developer said it plans to begin work in 2027 on a $350 million retail and residential district being developed in partnership with retail and mixed-use development firm Hill Partners and architect and designer Perkins&Will.

  • August 25, 2026

    2 Firms Guide Windjammer's $350M Smart Parking Co. Sale

    Private equity investor Windjammer Capital will sell its smart parking infrastructure company IPS Group Inc. to online commerce platform Nayax Ltd. in a $350 million all-cash, no-debt sale guided by Kirkland & Ellis LLP and Reed Smith LLP, Windjammer and Nayax announced Tuesday.

  • August 25, 2026

    Tribunal Lets UK Tax Offshore Developer, Avoid £1B Refunds

    The U.K. can levy £5.4 million ($7.4 million) in taxes on an Isle of Man developer's profits from selling land in Kent, the Upper Tribunal said Tuesday in a case that could allow HM Revenue & Customs to avoid issuing more than £1 billion in refunds.

  • August 25, 2026

    Emerald AI Hits $1.05B Valuation In $150M Series A Round

    Emerald AI, a company developing software to reduce or change power usage of AI data centers while electric grids are under stress, said Tuesday that it raised $150 million in a funding round valuing the company at $1.05 billion.

  • August 25, 2026

    New Mexico Justices Pause Permit, Hearing For Data Center

    New Mexico's Supreme Court in a pair of rulings paused an air permit hearing and ordered a developer to stop drawing water from the construction site of Oracle, OpenAI and SoftBank's Project Jupiter data center, leading a lawmaker to call on state officials to release more information about the project.

Expert Analysis

  • Strategies For Retailers, Landlords In M&A Portfolio Reduction

    Author Photo

    With more retailers likely to merge or be acquired in 2026, both landlords and companies looking to renegotiate their real estate footprints can strike successful deals through advance planning, understanding rights allocations and maintaining realistic leverage assessment, say attorneys at Jenner & Block.

  • What Cos. Must Know About Pa.'s Proposed Data Center Regs

    Author Photo

    Under Pennsylvania Gov. Josh Shapiro's new proposal to balance hyperscale data center infrastructure with grid stability, water resources and community transparency, businesses in the state face a strategic choice: wait for binding requirements to emerge, or proactively align projects with the standards now, say Wade Stephens and Sasha Burton at Langsam Stevens.

  • Where Ceding Control In Joint Ventures Ups Developer Risks

    Author Photo

    With new data predicting liquidity will continue drying up in 2026, developers seeking relief via joint venture restructurings should understand how relinquishing an asset's control to a capital partner could have stark consequences, and where negotiations over governance and control triggers present the greatest legal and structural risks, say attorneys at Jenner & Block.

  • How SF Family Zoning Suit Could Stymie City, Builder Goals

    Author Photo

    A recent suit asserting that San Francisco should further study the environmental impact before permitting taller buildings with more family residences could disrupt the work of project developers and local government — and give pause to other cities rezoning to add housing capacity, says Phillip Babich at Reed Smith.

  • How Blockchain Could Streamline Real Estate Transactions

    Author Photo

    As U.S. real estate markets face pressure to adopt digital frameworks, blockchain technology offers a credible solution for consolidating execution, payment and recording into a single record, with a unified ledger potentially replacing fragmented processes with digitally authenticated events, say attorneys at King & Spalding.

  • Del. Dispatch: Workplace Sexual Misconduct Liability In Flux

    Author Photo

    Following the Delaware Court of Chancery's recent contradictory rulings in sexual misconduct cases involving eXp World, Credit Glory and McDonald's, it's now unclear when directors' or officers' fiduciary duties may be implicated in cases of their own or others' sexual misconduct against employees, say attorneys at Fried Frank.

  • CFIUS Initiative May Smooth Way For Some Foreign Investors

    Author Photo

    A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.

  • How AI Data Centers Are Elevating Development Risk In 2026

    Author Photo

    As thousands of artificial intelligence data center constructions continue to pop up across the U.S., such projects must be treated not as simple real estate developments, but as infrastructure programs where power, supply chains and technology integration all drive both schedule and risk, say attorneys at Cozen O’Connor.

  • Tips For Counsel As PE Eyes Data Center Facility Services

    Author Photo

    As private equity interest in specialized commercial facility services providers heightens, considerations for counsel and private equity investors run the gamut from contract transferability to facility compliance, say attorneys at Morgan Lewis.

  • CFIUS Must Adapt To Current Foreign Investment Realities

    Author Photo

    To continue protecting the U.S.’ long-term strategic and economic interests, the Committee on Foreign Investment in the United States should implement practical enhancements that leverage technology, expertise and clear communication, and enable it to keep pace with evolving demands, says attorney Sohan Dasgupta.

  • Breaking Down Expense Allocation In Mixed-Use Properties

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.