News & Analysis as of

Commercial Real Estate Market

Levenfeld Pearlstein, LLC

Distressed Commercial Real Estate Update — Courts Curtail Certain Landlord Rights

A pair of recent tenant-friendly bankruptcy court decisions have (1) limited the scope of landlord priority expense claims, and (2) made it easier for a tenant in bankruptcy to assume and assign a lease over its landlord’s...more

Parker Poe Adams & Bernstein LLP

Key Takeaways From the 2026 ALTA/NSPS Land Title Survey Standards for Commercial Real Estate Transactions

The joint committee of the American Land Title Association and the National Society of Professional Surveyors released its regular five-year update of survey standards, effective as of February 23, 2026. ...more

A&O Shearman

Mainland China and Hong Kong markets continue to experience distress, with further “second round” restructurings expected

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Mainland China and Hong Kong are grappling with ongoing market distress and continued pressure on their real estate sectors. As restructuring activity intensifies, we look ahead to how these deals are likely to play out over...more

Greenbaum, Rowe, Smith & Davis LLP

What Commercial Property Owners & Taxpayers Should Know About Filing a New Jersey Property Tax Appeal in 2026

New Jersey taxpayers continue to face one of the highest real estate tax burdens in the nation. The state’s high tax rates, coupled with fears of an economic downturn, increased tenant vacancies and high interest rates, can...more

Kohrman Jackson & Krantz LLP

Downtown Cleveland Real Estate: Understanding & Managing an “Upside Down” Market

Today, dozens of buildings in downtown Cleveland are distressed or are “upside down,” meaning that the properties in operation are having difficulty paying or are behind in paying their mortgages. Commercial mortgage loans...more

A&O Shearman

Regulatory Monitoring - January 2026

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BaFin published its yearly update on its report regarding Risks in BaFin’s Focus, accompanied by a press release. The report identifies the following six top risks for financial institutions, arising from: (i) significant...more

Cole Schotz

2026 Tax Appeal Alert

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As we begin the new year, it is time to evaluate whether your current property tax assessments accurately reflect the evolving market. While inflationary pressures persist and interest rates remain high, we are seeing a...more

Goodwin

Walls Have Ears: Data, Privacy, and Real Estate

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Buildings collect data about the experiences of occupants creating compliance questions that affect transaction values....more

Holland & Knight LLP

Illinois Adopts Expansive Receivership Act Effective January 1, 2026

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The Illinois Receivership Act (the Act) creates a comprehensive statutory framework for commercial receiverships, effective January 1, 2026, that in practice functions as a "mini bankruptcy." The Act modernizes and...more

Jones Day

Shedding Its Image: Logistics Sector Seeks to Deliver Sustainability

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The UK logistics sector is at a turning point. Demand from online retail and the movement to bring production and distribution closer to end customers is meeting a stricter policy and reporting environment. Requirements such...more

White and Williams LLP

Court Denies Injunction in Battle of Titans of New York Real Estate and Allows UCC Sale of Pledged Equity Interests to Proceed

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On January 27, 2026, Justice Andrea Masley, of the Supreme Court of the State of New York, County of New York: Commercial Division Part 48, issued her Decision + Order on Motion, vacating her prior temporary restraining order...more

Gould + Ratner LLP

What Are the Most Common Legal Mistakes First-Time Chicago Multifamily Real Estate Buyers Make (and How to Avoid Them)?

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First-time multifamily buyers in Chicago often focus on price, neighborhood and cap rate but miss legal and compliance issues that silently add cost, delay closing or create post-closing liability. Below are the most common...more

DarrowEverett LLP

How to Turn Real Estate Due Diligence Findings Into Dollars & Deals

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In today’s higher‑rate, low‑tolerance market, legal issues and ambiguities in due diligence quickly show up in a buyer’s or lender’s model as lower loan proceeds, required cash set‑asides, and delays....more

Mayer Brown

Structuring Luxury Mixed-Use Hospitality Properties: Getting the Legal Architecture Right

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With branded residences on the rise, luxury mixed-use hospitality projects that span from hotels to multiple residence types, golf, food and beverage outlets, and more, are surging. To keep these interconnected components...more

Kohrman Jackson & Krantz LLP

Cleveland’s Burning Bright: Leveraging Legacy Assets for Strategic Growth

Cleveland’s industrial real estate market continues to go through a revival. By leveraging its legacy manufacturing infrastructures with reignited private-public partnerships focused on proactive site strategies,...more

DarrowEverett LLP

From Cubicles to Condos: Considerations for Office-to-Residential Conversions

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As remote work reshapes the commercial real estate market and demand for office space declines, owners and developers are increasingly pursuing office-to-residential conversions as a way to unlock value in underperforming...more

Cole Schotz

CREFC 2026 Conference Takeaways: Debt Is Back; Equity Is Not (Yet)

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One of the clearest takeaways from this year’s CREFC Conference was that today’s transaction slowdown is not being driven by a lack of debt capital. To the contrary, debt is plentiful across the capital stack. The real...more

White & Case LLP

New NPL Investment Opportunities Emerge As Market Shifts

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Europe’s non-performing loan (NPL) market is evolving, as shifts in global trade policy and sector-specific headwinds change the dynamics that have driven NPL deals over the past 10 years. The most recent Risk Assessment...more

Kohrman Jackson & Krantz LLP

What Cleveland’s 2025 Building Permits Say About Development Trends Heading Into 2026

Construction permitting in Cleveland returned to trend in 2025, with nearly $1.5 billion in total permits issued. While 2024 was a banner year, with more than $2.8 billion in permits issued, it was buoyed by over $1.2 billion...more

Ropes & Gray LLP

Key Negotiation Points for Back-Leverage Structures

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This third instalment of our five-part series offering insights into CRE back-leverage examines the terms most frequently negotiated when documenting back-leverage transactions in Europe....more

Goodwin

Investment Manager Consolidation in Real Estate: Trends, Drivers, and Considerations

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Consolidation among real estate investment managers has long been a feature of the market. What distinguishes the current landscape is the breadth of market participants and range of strategic objectives and deal structures...more

Davidoff Hutcher & Citron LLP

Before You Sign Anything: Site Selection, Zoning, and Building Issues for NYC Restaurants

In New York City, picking the wrong space can kill a restaurant before the first plate leaves the pass. The rent might be “fair,” the block might be hot, and the landlord might be charming — but if the zoning, building, or...more

Arnall Golden Gregory LLP

Retail 2026 First Look: Flashing Red Lights and Retail Adaptations

Key Takeaways - Redevelopment leads retail strategy in 2026. Owners are prioritizing existing assets and mixed-use projects as new construction costs remain volatile....more

Pullman & Comley - For What It May Be Worth

Tax Court Ruling Sheds Light on Use of Market Rent in Determining Valuation of Medical Office Property

The Connecticut Tax Court recently addressed a property tax dispute concerning the fair market value of a 124,625 square foot medical office building in Danbury, Connecticut as of October 1, 2022. ...more

Herbert Smith Freehills Kramer

NYC Economic Development Outlook: CRE Investment Opportunities Changing the Market

Twice a year, Herbert Smith Freehills Kramer hosts “Rethinking Real Estate,” an invitation-only event where industry experts discuss the latest in New York City’s commercial real estate (CRE) sector and the economic forces...more

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