Commercial

  • April 15, 2026

    Energy Tech Co., Execs Sued Over $2.4B AI Power Deal

    Energy technology company Babcock & Wilcox Enterprises Inc. and its top brass face an investor suit alleging they made misstatements about an agreement to deliver power to an artificial intelligence data center project and failed to disclose that B&W's largest shareholder was on both sides of the deal.

  • April 15, 2026

    Uptick In Lender Guarantor Claims Shapes New Deals

    Real estate litigators in New York City are seeing lenders bring more lawsuits against loan guarantors, arguing they have run afoul of provisions largely meant as a liability shield. Transaction attorneys are taking cues from lenders' efforts to draft more specific guarantee provisions, or alternatives to judicial foreclosure, in new loans.

  • April 15, 2026

    Trump Admin Asks Court To Delay East Wing Injunction

    The Trump administration on Tuesday asked a D.C. federal court to delay enforcing its order blocking the White House East Wing ballroom project, invoking national security after the court carved out an exception over the "safety and security" of White House grounds.

  • April 15, 2026

    NYC Building Goes Into Ch. 11 To Avoid Foreclosure Sale

    A New York company connected to a local property manager filed a Chapter 11 bankruptcy petition for its five-story, mixed-use building in downtown Manhattan, heading off a foreclosure sale that had been scheduled for the following day. 

  • April 15, 2026

    Antitrust Suit Targets CoStar Noncompetes, Cross-Post Limits

    CoStar Group faces a lawsuit in Virginia federal court alleging that the real estate information service has for years sought to prevent cross-listings by customers and shut out would-be competitors through acquisitions and noncompete deals with large brokerages, in what plaintiffs' counsel claims is the first such antitrust class action against the company. 

  • April 15, 2026

    Trump Plan To Remake DC Golf Course Is In Rough Legal Shape

    President Donald Trump's plans to renovate a public Washington, D.C., golf course and turn it into a championship venue faces strong legal headwinds as experts say the administration skipped several regulatory steps when it started work on the project.

  • April 15, 2026

    BXP Fuels San Francisco Office Revival With 200K SF Leases

    Workspace developer BXP said Wednesday it has filled 200,000 square feet of space in San Francisco with leases from four companies, building on the momentum the Bay Area hub's office market has seen since bouncing back from a major slump.

  • April 15, 2026

    KC Moves Closer To Approving $1.9B Ballpark Plan For Royals

    Kansas City, Missouri, Mayor Quinton Lucas announced the city's Parks and Recreation Board of Commissioners had authorized a plan that would help the Royals baseball team build a new $1.9 billion stadium downtown.

  • April 15, 2026

    Lingerfelt, Partners Group Sell Industrial Portfolio For $175M

    A joint venture of real estate firm Lingerfelt and private equity firm Partners Group said Wednesday that it has sold a 1.6 million-square-foot industrial portfolio in the Richmond, Virginia, area for $175 million.

  • April 15, 2026

    US Says It Will Stay Out Of Calif. Monument Venue Dispute

    The U.S. Department of the Interior won't weigh in on whether a dispute between a miner, tribal nations and conservation groups over the Chuckwalla National Monument's establishment in California should stay in a Michigan district court.

  • April 15, 2026

    Enviro Groups Back Garden State's Bid To Block ICE Facility

    A coalition of environmental groups and community residents asked a New Jersey federal court for permission to file an amicus brief supporting the Garden State's bid to halt the conversion of a warehouse to a U.S. Immigration and Customs Enforcement detention center, offering their perspective on the local environmental threats of the project.

  • April 15, 2026

    Whistleblower Suit Alleges Wells Fargo Inflated CMBS Income

    A whistleblower lawsuit unsealed this week in New York state Supreme Court accused Wells Fargo of inflating income of underlying properties across numerous commercial mortgage-backed securities loans it pooled, allowing it to evade $220 million in state and local taxes.

  • April 15, 2026

    Landlord Wants Out Of Fraud Claim In NJ AG's RealPage Suit

    A New Jersey landlord is urging a federal court to revisit part of a March decision and dismiss claims against it under a state consumer fraud statute amid the New Jersey attorney general's antitrust suit against RealPage Inc. and 10 of the state's largest landlords.

  • April 15, 2026

    Collective Expanded In OT Suit Against Land Management Co.

    New affidavits workers provided in their overtime suit against a land management company support their bid to expand their collective on a nationwide basis, a Maryland federal judge ruled Wednesday, rejecting the company's argument that the request was a "second bite at the apple."

  • April 14, 2026

    Bascom Group Pays $103M For Vegas Apartment Community

    Real estate private equity firm The Bascom Group LLC has paid $103 million for a five-story, 294-unit Class A apartment community in Las Vegas, the firm announced Tuesday.

  • April 14, 2026

    Wells Fargo, JPMorgan Mulling Mediation In $481M Loan Suit

    Wells Fargo Bank is considering mediating and settling its suit against JPMorgan Chase Bank and a New York City developer over a $481 million commercial mortgage-backed securities loan deal that allegedly caused millions of dollars in losses, according to a joint letter filed in New York federal court.

  • April 14, 2026

    Okla. Voters To Decide Reimbursement Of Exemption Revenue

    Oklahoma residents will vote on a constitutional amendment that if passed would require statewide laws establishing reimbursement methods for local taxing jurisdictions that lose money due to the manufacturing facilities property exemption, under an approved resolution.

  • April 14, 2026

    MoFo Guides $167M Loan For NYC Office-To-Resi Conversion

    Morrison Foerster LLP advised BHI on its origination of a $167 million loan for Yellowstone Real Estate Investment's adaptive reuse project which will transform a Manhattan office building into a multifamily building, according to county property records.

  • April 14, 2026

    Nuveen Anchors $240M Investment With Rooftop Solar Credits

    Asset manager Nuveen on Tuesday agreed to anchor a $240 million portfolio for New Jersey-based commercial solar company Solar Landscape in a deal that follows another transaction between the firms last year.

  • April 14, 2026

    Cadwalader Guides $257M Mortgage For NYC Office

    Real estate asset manager Rithm Capital Corp. has secured $257.5 million to refinance its stake in the 34-story Midtown Manhattan tower 1325 Avenue of the Americas, in a deal advised by Cadwalader Wickersham & Taft LLP.

  • April 14, 2026

    Developer Lands $104M For Ga. Hotel Adaptive Reuse Project

    The LCP Group has announced that it originated $104.5 million in construction financing for Seyfarth Shaw guided-TMGOC Ventures' redevelopment of a historic office tower in Savannah, Georgia, into a luxury Ritz-Carlton branded hotel.

  • April 13, 2026

    Jack In The Box Wants 38 Washington Stores Kept Open

    Jack in the Box Inc. urged a Washington state judge to temporarily bar two franchisees from closing dozens of locations across the state, claiming that they owe nearly $1.4 million in unpaid marketing fees and that unilaterally shuttering the stores would violate their franchise agreements.

  • April 13, 2026

    Maryland Urges Court To Block ICE Detention Center Project

    Maryland told a federal court once again that it must stop the U.S. Department of Homeland Security and its U.S. Immigration and Customs Enforcement agency from converting a local commercial warehouse into an immigrant detention center, arguing that the planned center will pollute the environment, hurt wildlife and endanger public health.

  • April 13, 2026

    NYC Real Estate Week In Review

    Patterson Belknap and Wachtel Missry are among various law firms that steered the largest New York City real estate deals that hit public records last week, with a nine-figure Manhattan matter leading the way.

  • April 13, 2026

    No Early Win For HOA In Storm Coverage Suit

    A Denver-area homeowners association hasn't shown conclusively that losses during a 2018 hailstorm were incurred during its policy period or that its insurer failed to investigate the complex's claim, a Colorado federal judge ruled while denying the association an early win in its lawsuit over denied coverage.

Expert Analysis

  • Calif. Ruling Offers Hope For Mitigated Negative Declarations

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    In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds — a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.

  • There's No Crying In Property Valuation Baseball Arbitration

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    The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes — in which each side offers competing valuations to an arbitrator, who must select one — is often ideal for resolving property valuation disputes, say Sean O’Donnell at Herrick Feinstein and Mark Dunec at FTI Consulting.

  • Webuild Ruling Complicates Arb. Award Enforcement In US

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    A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.

  • How To Avoid A Costly CPA Limitation Hidden In Most Leases

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    The lease audit rights clause is a seemingly innocuous provision in most commercial real estate leases that ends up costing tenants millions of dollars each year, as they have unwittingly agreed to retain only an accountant to investigate and settle financial issues, says Jason Aster at KBA Lease Services.

  • Navigating FEMA Grant Program For Slope Fixes After Storms

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    In the aftermath of Hurricanes Helene and Milton, it is critical for governments, businesses and individuals to understand the legal requirements of the Federal Emergency Management Agency's grant programs to obtain funding for crucial repairs — including restoration of damaged infrastructure caused by landslides and slope failures, says Charles Schexnaildre at Baker Donelson.

  • Smith's New Trump Indictment Is Case Study In Superseding

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    Special counsel Jack Smith’s recently revised Jan. 6 charges against former President Donald Trump provide lessons for prosecutors on how to effectively draft superseding indictments in order to buttress or streamline their case, as necessary, says Jessica Roth at Cardozo Law School.

  • Consider Best Legal Practices For Commissioning Public Art

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    Commissioning public art for real estate projects can provide many benefits to real estate developers and the public, but it's important to understand the unique legal and contracting aspects of the process to ensure that projects are completed on time and on budget, says Sarah Conley Odenkirk at ArtConverge.

  • Applying High Court's Domestic Corruption Rulings To FCPA

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    After the U.S. Supreme Court narrowed the domestic corruption statutes in three decisions over the past year and a half, it’s worth evaluating whether these rulings may have an impact on Foreign Corrupt Practices Act enforcement, and if attorneys can use the court’s reasoning in international bribery cases, says James Koukios at MoFo.

  • 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.