Commercial

  • 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.

  • April 13, 2026

    Mass. Developer Gets Green Light For 148-Acre Industrial Hub

    East Coast developer National Development said Monday it secured local approvals to build a 148-acre industrial campus in Hudson, Massachusetts, and is on the hunt for logistics tenants.

  • April 13, 2026

    Guam Authorizes Tax Amnesty Program

    Guam authorized its tax department to establish an amnesty program to waive penalties and interest on eligible delinquent taxes under a bill signed by its governor.

  • April 13, 2026

    CIM Group Wraps Up $154M Miami Offices Refinancing

    CIM Group has closed a $154 million refinancing whole loan deal that was arranged by real estate investment bank Eastdil Secured for two office towers in downtown Miami, the real estate company announced Monday.

  • April 13, 2026

    Law Firm, Insurer Say Cos. Must Pay For Crane Crash Losses

    Florida law firm Johnson Pope and its insurer have sued a group of companies involved in the construction of a 46-story luxury condominium tower in St. Petersburg, telling a state court they are entitled to recover losses they incurred after a crane fell and damaged the firm's office space.

  • April 13, 2026

    Senior Housing, Healthcare REIT Seeks $1.1B Value In IPO

    Real estate investment trust National Healthcare Properties Inc. is seeking to reach a valuation of about $1.1 billion in an upcoming initial public offering advised by Paul Weiss Rifkind Wharton & Garrison LLP, Greenberg Traurig LLP and Sidley Austin LLP.

  • April 13, 2026

    Chinese Developer Kaisa Files $15.7B Ch. 15 Recognition Bid

    Chinese property developer Kaisa Group is asking a New York bankruptcy judge to extend U.S. recognition to a restructuring of its $15.7 billion in debt that it underwent last year after being hit with Chinese and U.S. lawsuits over missed payments.

  • April 10, 2026

    REIT Investors Ink Deal Over CEO's Alleged Undisclosed Loan

    Investors in Sun Communities Inc. asked a Michigan federal judge to grant initial approval to their $2.3 million deal with the real estate investment trust to end claims that its failure to disclose its then-CEO received a loan from a board member's relatives damaged shareholders when the information emerged in a short seller report.

  • April 10, 2026

    Simpson Thacher-Led Blackstone Preps Data Center REIT IPO

    Blackstone Digital Infrastructure Trust Inc., a newly formed real estate investment trust focused on data centers, filed plans Friday for an initial public offering, with guidance from Simpson Thacher & Bartlett LLP and underwriters' counsel Paul Hastings LLP.

  • April 10, 2026

    Kansas City Open To Talking To Royals About $1.9B Ballpark

    Officials in Kansas City, Mo., have begun the process of talking with Major League Baseball's Royals about building a new $1.9 billion downtown ballpark, two years after voters rejected a tax hike for a stadium project.

Expert Analysis

  • Key Insurance Coverage Considerations For AI Data Centers

    Author Photo

    The burgeoning artificial intelligence industry has sparked a surge in data center projects — a trend likely to be accelerated by the White House's AI Action Plan — but with these complex facilities come equally complex risks, engendering important insurance coverage considerations, say attorneys at Morgan Lewis.

  • Unpacking The New Opportunity Zone Tax Incentive Program

    Author Photo

    The One Big Beautiful Bill Act brought several improvements to the opportunity zone tax incentive program that should boost investments in qualified funds, including making it permanent, increasing federal income tax benefits in rural areas, redesignating the qualified zones, and requiring more in-depth reporting, says Marc Schultz at Snell & Wilmer.

  • Data Center Construction Trends, Challenges In Ill. And Texas

    Author Photo

    Data centers in Illinois and Texas are reshaping the industrial landscape, but this growth brings legal complexity, so developers, contractors and corporate legal departments must have a deep understanding of each state's legal terrain and take a proactive approach to risk management, say attorneys at Hicks Johnson.

  • Definitions Of 'Waters Of The United States' Ebb And Flow

    Author Photo

    The issue of defining whether "waters of the United States" include streams and channels that sometimes have water and sometimes do not has been fraught since the U.S. Supreme Court's 2006 Rapanos decision, but a possible new rule may help property owners stay out of court, says Neal McAliley at Carlton Fields.

  • Texas Property Law Complicates Financing And Development

    Author Photo

    A new Texas law imposing expansive state-level restrictions on properties owned by entities from designated countries creates a major obstacle for some lenders, developers and other stakeholders, as well as new diligence requirements for foreign companies, say attorneys at Pillsbury.

  • How Bankruptcy Law Caps Landlords' Rejected Lease Claims

    Author Photo

    With corporate bankruptcy filings for the first half of the year at a 15-year high, landlords should be prepared for commercial tenants to use the bankruptcy process to reject unwanted leases in order to lessen corporate footprints and improve liquidity, say attorneys at Mintz.

  • Annual Report Shows CFIUS Extending Its Reach In 2024

    Author Photo

    The recently released 2024 annual report from the Committee on Foreign Investment in the United States reveals record civil penalties and enhanced internal capabilities, illustrating expanding jurisdiction and an increasing appetite for enforcement actions, says Nathan Fisher at StoneTurn.

  • Navigating The New Playbook For SBA 504 Loans

    Author Photo

    As the U.S. Small Business Administration 504 loan program’s relevance grows amid climbing foreclosure activity, regulatory changes and a notable ruling from the Eighth Circuit are reshaping origination and workout strategies, highlighting the need for a national framework to improve resolutions, protect recoveries and support small businesses, says Casey Sieck at Day Pitney.

  • Assessing Strategies For Mixed-Use Pro Sports Projects

    Author Photo

    Counsel managing mixed-use sports and entertainment districts must combine expertise ranging from stadium-arena finance to municipal law to public relations into a unified strategy, and a series of practice tips can aid project management from inception to completion, say attorneys at Katten.

  • 4 Questions For Insureds To Overcome Flood Exclusions

    Author Photo

    In a year of record flash flooding in the U.S., affected policyholders, who may assume that their policy's flood exclusion precludes recovery for losses, should look to the many factually and legally nuanced cases presenting pathways to coverage, says Micah Skidmore at Haynes Boone.

  • Opportunity Zone Overhaul Is Good News For Investors

    Author Photo

    Recently enacted reforms making the qualified opportunity zone program permanent, restoring the basis step-up for capital gains and adding flexibility to the zone designation process enhance the program’s appeal for long-term investment, says Steven Hadjilogiou at McDermott.

  • Texas High Court Decision Could Reshape Contract Damages

    Author Photo

    The Texas Supreme Court recently held that an order of specific performance for a real property transaction doesn't preclude a damage award, establishing a damages test for this scenario while placing the onus on lower courts to correctly determine the proper remedies and quantum of damages, say attorneys at Fried Frank.

  • A Guide To Army Corps Appeals As Wetlands Definition Shifts

    Author Photo

    Two years after the Supreme Court's Sackett decision, the definition of federal wetlands is about to change again, making it an apt time to review the process by which developers can appeal an Army Corps of Engineers jurisdictional determination, says Bryan Peeples at Pender & Coward.