Commercial
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March 31, 2026
Verizon Can't Enforce Tower Lease, Judge Says
Verizon Wireless did not provide the North Carolina landowner it signed a cell tower equipment lease with what it had promised in the bargain, and therefore the lease is not valid, a North Carolina federal court has ruled.
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March 31, 2026
'Construction Has To Stop!': Judge Blocks Trump's Ballroom
A Washington, D.C., federal judge Tuesday granted a historical preservation nonprofit's request for a preliminary injunction halting President Donald Trump's plans to turn the White House's East Wing into an "enormous" 89,000-square-foot ballroom, saying "unless and until Congress blesses this project through statutory authorization, construction has to stop!"
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March 31, 2026
Judge Sides With Navy In Hunters Point Cleanup Challenge
An environmental justice group failed to show that the U.S. Navy's remediation plan for the Hunters Point Naval Shipyard Superfund site is arbitrary and capricious despite an analysis showing cancer risks exceeded the acceptable range, a California federal judge ruled.
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March 31, 2026
4 Firms Guide $175M Loan For NYC Resi Conversion
Broad Street Development and investment managers PCCP and OneIM have landed a $175 million construction loan under the guidance of four firms for the residential conversion of a 36-story New York City office building at 80 Broad St. in Manhattan, the developer announced Tuesday.
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March 31, 2026
Moye White, Ex-Landlord Settle $4M Denver Lease Dispute
Days before the start of a bench trial between a Denver landlord and defunct law firm Moye White LLP in state court, the two parties reached a settlement, ending the litigation where the landlord accused the firm of owing almost $4 million.
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March 31, 2026
Arbor Realty Defeats Investors' Securities Fraud Suit
A New York federal judge tossed a proposed securities class action that accused real estate investment trust and lender Arbor Realty Trust Inc. of misleading investors about its lending and underwriting practices, ruling March 31 that the proposed class failed to show how the REIT misled investors.
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March 31, 2026
Shutts & Bowen Adds Real Estate Pro From Holland & Knight
A longtime Holland & Knight LLP attorney has moved her real estate practice to Shutts & Bowen LLP's office in West Palm Beach, Florida, Shutts & Bowen announced Monday.
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March 31, 2026
Rockpoint Nabs 2 NC Sites Amid Industrial Infill Push
Rockpoint acquired two light industrial centers in North Carolina, spanning nearly 280,000 square feet across six buildings in the Charlotte and Raleigh-Durham markets, the buyer announced.
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March 31, 2026
JPMorgan Can't Escape Wells Fargo's $481M CMBS Suit
A New York federal judge refused to toss Wells Fargo's breach of contract claim in its suit against JPMorgan Chase over a $481 million commercial mortgage-backed securities loan deal that Wells Fargo claims was based on false information and caused "tens of millions of dollars in losses."
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March 31, 2026
Fla. Startup's AI Tool Helps Local Governments Handle Growth
With its efforts to tap into artificial intelligence to automate portions of its permitting reviews, Florida's Walton County thinks it has found a way to achieve tangible benefits for a community grappling with the strains of rapid growth.
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March 31, 2026
Kirkland Advises Digital Realty On $3.25B Data Center Fund
Data center platform Digital Realty said it has closed its first U.S. hyperscale data center fund with $3.25 billion in equity commitments with Kirkland & Ellis LLP advising.
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March 31, 2026
Oracle Inks Office Lease Near Nashville Campus Build Site
Atlanta, Georgia-based real estate investment trust Cousins Properties said that Oracle agreed to lease a space in a Nashville, Tennessee, mixed-use development near where the software company is building a multibillion-dollar campus.
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March 30, 2026
Trade Group Backs Insurers In Tanger's COVID Coverage Row
The trade organization American Property Casualty Insurance Association is urging North Carolina's justices to reverse an order adverse to a pair of insurers in a $50 million COVID-19 coverage fight, arguing in an amicus brief that the order permits the "absurd" result of one of the state's statutes and its case law applying nationwide.
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March 30, 2026
100-Year-Old Mich. Group Hits Ch. 11 Amid Dispute With City
A century-old nonprofit organization, community center and event venue in a city just north of Detroit is seeking Chapter 11 Subchapter V relief, after its home city sued the group to stop a sale of its property as it faced declining revenues and increased expenses.
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March 30, 2026
Cos. Say UK Court Ruling Aids $440M Zimbabwe Award Bid
Two forestry and sawmill companies along with a Swiss-German family have told a D.C. federal court that a recent decision from Britain's top court rejecting Zimbabwe's sovereign immunity defense in a related case shows that $440 million of arbitral awards can be enforced.
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March 30, 2026
Data Center Satellite Co. Hits $1.1B Valuation In Series A Round
A company that develops data centers in space said Monday that it has raised $170 million in its Series A fundraising round, becoming a unicorn startup with a $1.1 billion overall valuation.
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March 30, 2026
NYC Real Estate Week In Review
Ice Miller and Goulston & Storrs are among the law firms that steered the largest New York City real estate deals that hit public records last week, with three large Brooklyn trades leading the way.
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March 30, 2026
NJ Town Says Mall's Sunday Sales Flatly Violate State Law
The New Jersey borough of Paramus urged a state court to not toss its suit against the owner of an East Rutherford mall that allegedly violated state laws that ban retailers from selling specific products on Sundays, saying it has standing to sue because the mall owner and the other defendants disobeying the state laws are economically harming the borough.
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March 30, 2026
Transamerica Pyramid Sale Now A Done Deal, At Nearly $692M
The iconic Transamerica Pyramid, San Francisco's second-tallest tower, has changed hands for $691.6 million, a source familiar with the matter told Law360 Real Estate Authority on Monday.
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March 30, 2026
VICI Inks $144M Sale-Leaseback In Canadian Casino Co. Buy
Casino-focused real estate investment trust VICI Properties said it has agreed to pay $144.4 million to buy two casinos and two hotels in a sale-leaseback deal that comes as part of Indigenous-owned Pure Casino Entertainment's acquisition of casino operator Gamehost Inc.
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March 30, 2026
Phelps Dunbar Hires Ex-Holland Knight Atty For Tenn. Office
Phelps Dunbar LLP has hired a former Holland & Knight LLP partner as a real estate partner in its Nashville, Tennessee, office with the aim of "strengthening the firm's ability to close complex deals and drive real estate development in Tennessee's fastest‑growing market," the firm recently announced.
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March 30, 2026
Judge Cites 'Game Of Thrones,' Pans Testimony In Rent Case
A Boston landlord is entitled to unpaid rent for a restaurant near Fenway Park, a state court judge found in a colorful order that cited "Game of Thrones" and largely ignored the testimony of attorneys called as witnesses for each side who sounded like "bunkered belligerents."
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March 30, 2026
Brief Backs Maryland Bid To Halt ICE Warehouse Conversion
A collection of local officials, religious leaders and civil rights groups is urging a federal judge to extend a pause on work to convert a Maryland warehouse into an Immigration and Customs Enforcement detention center that could hold up to 1,500 people a day.
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March 30, 2026
Deloitte Must Face Suit Over Philanthropists' Tax Bill
Deloitte lost its bid to avoid a June trial in a dispute over the accounting firm's handling of a $77 million share repurchase and planned charitable transfer that allegedly led to an unexpected tax bill for Boston-area developers and philanthropists William and Joyce Cummings.
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March 30, 2026
Justices Turn Away Case Over SEC Receivership Powers
The U.S. Supreme Court on Monday rejected a plea by a Dallas real estate developer to hear a challenge to the U.S. Securities and Exchange Commission's ability to seize the assets of alleged fraudsters before a trial can take place.
Expert Analysis
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Addressing Tariff Price Escalation In Construction Contracts
As construction projects across the U.S. face uncertainty surrounding material price increases driven by government-imposed tariffs, owners and developers should draft strong contracts to protect themselves from tariff-related cost overruns and delays, say attorneys at Akerman.
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How The CRE Industry Is Adapting To Tariff Uncertainty
Amid uncertainty about pending tariffs and their potential ripple effects, including higher material costs, supply chain delays and tighter margins, commercial real estate industry players are focusing on strategic planning and risk mitigation, says Daniel Diaz Leyva at Day Pitney.
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Reconciling 2 Smoke Coverage Cases From California
As highlighted by a California Department of Insurance bulletin clarifying the effect of two recent decisions on insurance coverage, the February state appellate ruling denying coverage for property damage from smoke, ash and soot should be viewed as an outlier, say attorneys at Reed Smith.
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Contractor Remedies Amid Overhaul Of Federal Spending
Now that the period for federal agencies to review their spending has ended, companies holding procurement contracts or grants should evaluate whether their agreements align with administration policies and get a plan ready to implement if their contracts or grants are modified or terminated, say attorneys at DLA Piper.
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Contract Disputes Recap: Terminations Galore
Attorneys at Seyfarth examine three recent decisions in which the Civilian Board of Contract Appeals and the Armed Services Board of Contract Appeals provide valuable insights into contract terminations, modifications and the jurisdictional requirements for claims.
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Making The Opportunity Zones Program Great At Last
As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.
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Investor Essentials For Buying Federally Owned Property
Investors and developers can take advantage of the Trump administration's plan to sell government-owned real estate by becoming familiar with the process and eligible to bid, and should prepare to move quickly once the U.S. General Services Administration posts the list of properties for sale, say attorneys at Holland & Knight.
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How 2025 Is Shaping The Future Of Bank Mergers So Far
Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.
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Why NY May Want To Reconsider Its LLC Transparency Law
Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.
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Dewberry Ruling Is A Wakeup Call For Trademark Owners
The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.
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How GSA Lease Clauses May Affect DOGE Terminations
The Department of Government Efficiency has begun to cut the U.S. General Services Administration's enormous real estate portfolio, but some standard lease clauses include limits helpful to landlords that may slow progress toward the administration's cost-cutting goals, say attorneys at Pillsbury.
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What SDNY Judge Can And Can't Do In Adams Case
The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.