Commercial

  • May 12, 2026

    NYC Loft Owner Closes Stormy Ch. 11 With Sale To Lender

    A New York bankruptcy judge Tuesday gave the owner of a Manhattan loft permission to hand the property over to its mortgage lender and wind down its business, and congratulated the parties for concluding a contentious Chapter 11.

  • May 12, 2026

    NJ, ICE Pause Fight Over Planned Immigrant Detention Center

    The state of New Jersey and one of its municipalities on Tuesday temporarily paused their bid to block a planned immigration detention center after reaching an agreement with federal officials that halts most work at the site pending further environmental review.

  • May 12, 2026

    Davis Polk Guides $386M Securitization For Telecom Owner

    Davis Polk & Wardwell LLP advised wireless infrastructure company TowerPoint Infrastructure Partners on a recent $386 million oversubscribed securitization of its assets in the U.S. to support debt refinancing and an expansion of the company's portfolio.

  • May 12, 2026

    Chamberlain Hrdlicka Adds Real Estate Litigator In Houston

    Chamberlain Hrdlicka White Williams & Aughtry announced Monday that an experienced real estate litigator who spent the last 15 years as a solo practitioner has joined the firm's Houston office as a shareholder.

  • May 12, 2026

    Senate Puts Warsh On Track To Replace Powell As Fed Chair

    The U.S. Senate on Tuesday confirmed Trump nominee Kevin Warsh to a board seat at the Federal Reserve, moving him one step closer to taking over from Jerome Powell as chairman of the central bank.

  • May 12, 2026

    Ex-Tannenbaum Construction Co-Chair Joins Jones Day

    Jones Day announced on Tuesday the hiring of a former co-chair of the construction and design practice group at New York law firm Tannenbaum Helpern Syracuse & Hirschtritt LLP as a partner in its real estate practice.

  • May 11, 2026

    Trump Administration Strikes Deal With DC Golf Courses

    The U.S. Department of the Interior has struck a deal with the operator of three public golf courses in Washington, D.C., bringing momentary peace to a sticky fight over the Trump administration's effort to seize the properties.

  • May 11, 2026

    Cushman & Wakefield Tries To Sink 401(k) Climate Risk Suit

    Commercial real estate services giant Cushman & Wakefield is looking to shed a former employee's "novel and flashy" proposed class action alleging its retirement plan exposed participants to climate-related financial risk, arguing the suit fails to show the purported risk is tied to actual underperformance by the relevant investment fund.

  • May 11, 2026

    Student Housing Co.'s Ch. 11 Transferred To California

    A Delaware bankruptcy judge said Monday he will send the Chapter 11 case of student housing owner Element Student Living to California because that is where the debtor's sole asset is located, finding there are no compelling reasons to keep the case in Delaware.

  • May 11, 2026

    Minn. Justices Challenge County On Hilton Valuation Appeal

    Minnesota's justices quizzed counsel for Hennepin County on Monday on whether its arguments for its preferred method for valuing a Hilton-branded Minneapolis hotel and convention center could be enough to overturn a state tax court decision that adopted the owner's approach.

  • May 11, 2026

    Cowboy Space Hits $2B Valuation After $275M Funding Round

    Orbital infrastructure company Cowboy Space Corp., led by Fenwick & West LLP, on Monday announced that its valuation soared to $2 billion after it closed its most recent funding round with $275 million in tow.

  • May 11, 2026

    Brewery Says Eviction Bid Chases Profit From FIFA World Cup

    A Houston brewery asked a Texas state court on Monday to block its landlord from evicting it ahead of the 2026 FIFA World Cup, alleging the landlord manufactured lease defaults to retake the property and profit from its location near Houston's planned tournament fan zone.

  • May 11, 2026

    Cushman & Wakefield Failed To Protect Clients' Info, Suit Says

    A proposed class has accused global commercial real estate company Cushman & Wakefield Inc. in New York federal court of not doing enough to protect current and former clients' confidential information from hackers, who ultimately breached the company's systems.

  • May 11, 2026

    NYC Real Estate Week In Review

    Greenberg Traurig and JZ Legal are among the law firms that grabbed work on the largest New York City real estate deals that became public last week, with nine-figure trades in Manhattan and Brooklyn leading the way.

  • May 11, 2026

    Blackstone, Halliburton Plug $1B In Energy Startup VoltaGrid

    Behind-the-meter power generation company VoltaGrid said Monday that it plans to acquire a supplier and expand its offerings for data centers, microgrids and industrial uses with a $1 billion investment from Blackstone and Haliburton Co., advised by Kirkland & Ellis LLP, Sidley Austin LLP, Simpson Thacher & Bartlett LLP and Mogan Daniels Slager LLP.

  • May 11, 2026

    Latham Snags Skadden Real Estate Co-Chair

    An attorney who practiced for nearly three decades at Skadden Arps Slate Meagher & Flom LLP and co-chaired the firm's real estate group has moved to Latham & Watkins LLP's New York office, the firm announced Monday. 

  • May 11, 2026

    Troutman Brings On Holland & Knight RE Pro In Dallas

    Troutman Pepper Locke announced Monday that it has bolstered its real estate practice group by bringing on a former Holland & Knight partner in Dallas who advises clients on transactions and other matters.

  • May 11, 2026

    Broadway Shows Freed From NYC Rent Tax On Billboards

    Operators of four Broadway musicals don't owe New York City's commercial rent tax on billboard advertisements that they paid third-party entities to run because the operators didn't use the billboards, a city administrative law judge determined.

  • May 11, 2026

    UpCodes Aims To Unlock, Untangle Building Laws

    Scott and Garrett Reynolds launched their company, UpCodes, with the aim of using technology to help anyone engaged in a building project more easily comply with the myriad codes regulating the field, but along the way, they've repeatedly found themselves having to defend their efforts in court.

  • May 11, 2026

    UWM Ups Two Harbors Bid To Thwart CrossCounty Deal

    UWM Holdings Corp. is trying to thwart CrossCountry Mortgage LLC's bid to acquire real estate investment trust Two Harbors Investment Corp., upping its bid for the REIT on Monday from $12 per share to $12.50 per share in an all-cash deal that also offers stock.

  • May 11, 2026

    Alternative Credit Fueled Q1 CRE Lending Spike, CBRE Says

    Broker CBRE said Monday that commercial real estate lending reached a five-year high in the first quarter, with debt funds driving an increase in alternative lending activity by upping their volume more than threefold from a year ago.

  • May 11, 2026

    Burr & Forman Makes Navy Yard Permanent DC Home

    Burr & Forman LLP has made its Navy Yard neighborhood office its permanent home in Washington, D.C., after launching in the city in 2025 with construction partners from Fox Rothschild LLP, the firm announced Monday.

  • May 08, 2026

    Telecom Tower Owners Found In Contempt Over Sale Defiance

    A New York federal judge said he is tired of his orders being ignored after years of overseeing a fight over a corporate coup, and has ruled to hold the majority shareholders of a telecommunications infrastructure firm "and the person who controls them" in contempt of court.

  • May 08, 2026

    Franchisees Say Jack In The Box Trying To 'Avoid' Calif. Law

    Two Jack in the Box Inc. franchisees have answered the fast-food giant's bid to avoid contributing to a legal settlement over allegedly noncompliant job postings by saying Jack in the Box is attempting to "avoid" a California law that could work against it.

  • May 08, 2026

    NJ Panel Backs Cannabis License Denial Over Odor Concerns

    A New Jersey city's officials can deny a micro cannabis dispensary's license application based on concerns they have about the business's odor mitigation plan and consumption lounge, a state appeals court ruled, finding they acted within their discretion.

Expert Analysis

  • Texas Bill Could Still Boost Property Rights In Gov't Disputes

    Author Photo

    The passage of a bill in Texas that would provide litigants with access to a greater swath of judicial remedies in immunity disputes with government entities and officials would be an invaluable boon for property rights, says Nathan Vrazel at Munsch Hardt.

  • Indemnity Lessons From Mass. Construction Defect Ruling

    Author Photo

    The Massachusetts high court's decision in Trustees of Boston University v. CHA, holding that a bespoke contractual indemnity provision means that a construction defect claim is not subject to Massachusetts' statute of repose, should spur design and construction professionals to negotiate limited provisions, says Christopher Sweeney at Conn Kavanaugh.

  • 4 Strategies For De-Escalating Hospitality Industry Disputes

    Author Photo

    As recent uncertainty in the travel business exacerbates the risk of conflict in the hospitality sector, industry in-house counsel and their outside partners should consider proactive strategies aimed at de-escalating disputes, including preserving the record, avoiding boilerplate clauses and considering arbitration, say Randa Adra at Crowell and Stephanie Jean-Jacques at Hyatt.

  • SEC Signals Opening For Private Fund Investment Reform

    Author Photo

    At SEC Speaks in late May, the U.S. Securities and Exchange Commission made clear that it's considering allowing registered funds of private funds to be offered broadly to true retail investors, meaning existing funds should review their disclosures focusing on conflicts of interest, liquidity and fees, say attorneys at Stradley Ronon.

  • Unicoin Case Reveals SEC's Evolving Enforcement Posture

    Author Photo

    The U.S. Securities and Exchange Commission's recent fraud allegations against cryptocurrency company Unicoin send a clear message that while the Trump administration supports digital asset development, it will act decisively against deception, inflated valuations and false assurances, says David Zaslowsky at Baker McKenzie.

  • Opportunity Zone Revamp Could Improve The Program

    Author Photo

    If adopted, the budget bill's new iteration of the opportunity zone program could renew, refine and enhance the effectiveness and accountability of the original program by including structural reforms, expanded eligibility rules and incentives for rural investment, say attorneys at Pillsbury.

  • Review Risk Is Increasing For Foreign Real Estate Developers

    Author Photo

    Federal and state government efforts have been expanding oversight of foreign investment in U.S. real estate, necessitating careful assessment of risk and of the benefits of notifying the Committee on Foreign Investment in the United States, say attorneys at Troutman.

  • Evolving Federal Rules Pose Further Obstacles To NY LLC Act

    Author Photo

    Following the Financial Crimes Enforcement Network's recent changes to beneficial ownership information reporting under the federal Corporate Transparency Act — dramatically reducing the number of companies required to make disclosures — the utility of New York's LLC Transparency Act becomes less apparent, say attorneys at Pillsbury.

  • Negotiating Triparty Hotel Agreements To Withstand Risk

    Author Photo

    Brewing economic uncertainty in the hospitality industry underscores the importance of subordination, nondisturbance and attornment agreements, and hotel managers should tightly negotiate these agreements to ensure remedies will not disturb key rights, say attorneys at Sidley.

  • CRE Challenges Demand New Lease And Development Plans

    Author Photo

    As developers and landlords face declining occupancy of commercial, industrial and office space post-pandemic, a combination of business and lease considerations may better position stakeholders to protect the value and profitability of their commercial real estate, says Geoffrey Leskie at Segal McCambridge.

  • Ch. 11 Free-And-Clear Sale Ruling Takes Pragmatic Approach

    Author Photo

    A recent ruling from a New York bankruptcy court in which the debtors were allowed to sell interests free and clear regardless of a lienholder's objection signals a practical approach and a recalibration of the balance between debtor flexibility and creditor protections, say attorneys at Eversheds Sutherland.

  • What's At Stake As 9th Circ. Eyes Cultural Resource Damages

    Author Photo

    In Pakootas v. Teck Cominco, the Ninth Circuit is faced with the long-unresolved question of whether cultural resource damages are recoverable as part of natural resource damages under the Superfund law — and the answer will have enormous implications for companies, natural resource trustees and Native American tribes, says Sarah Bell at Farella Braun.

  • 5 Insurance Types For Mitigating Tariff-Related Trade Losses

    Author Photo

    The potential for significant trade-related losses as a result of increased tariffs may cause companies to consider which of their insurance policies, including marine, builders risk, trade credit, and directors and officers, could provide coverage to alleviate the financial impact, say attorneys at Pillsbury.