Commercial

  • April 16, 2026

    White House Again Ordered To Stop Ballroom Construction

    A D.C. federal judge clarified his injunction blocking construction on the White House ballroom project, amending his order to specifically stop construction on all aboveground construction but allowing for construction of national security facilities beneath it.

  • April 16, 2026

    GTIS Buys 116-Acre Fla. Site To Develop Logistics Hub

    GTIS Partners LP announced it has purchased a 116-acre industrial site in Tampa, Florida, that the global real estate investment firm plans to turn into a 382,500-square-foot Class A logistics center.

  • April 16, 2026

    Seattle's COVID-Era Tenant Protections Face Appellate Skeptic

    A Washington state appellate judge pushed back Thursday on Seattle's defense of COVID-19-era tenant rights ordinances, observing that the plaintiff landlord may have a stronger Fifth Amendment takings claim than usual because of the "unique" situation of "six regulations passed within a short time period."

  • April 16, 2026

    NY Bar Assoc. Building Owner Broke Ch. 11 Deal, Lender Says

    A lender of the insolvent owner of the historic New York County Lawyers Association Building in Manhattan accused the owner of violating a Chapter 11 settlement and asked a New Jersey bankruptcy judge to reinstate its $29 million claim in full.

  • April 16, 2026

    NYC Suit Alleges $1.3M Illegal Short-Term Rental Scheme

    A New York City landlord and several of his relatives and associates made over $1.3 million from an illegal short-term rentals scheme that involved hosting an illegal number of guests, the city alleged in New York state court.

  • April 16, 2026

    Calif. Mall Can't Have Property Value Reduced Due To COVID

    A California mall should not have its property value reduced despite hardships faced due to the coronavirus pandemic, because the mandated closures did not physically affect the property, a state appellate court affirmed. 

  • April 16, 2026

    Ky. Conforms To Fed. Tax Changes, Nixes Tax Threshold

    The Kentucky General Assembly overrode the governor's veto of a bill that eliminates its sales tax nexus transaction threshold, levies sales tax on data brokering services and will conform the state's tax code with some provisions of the Internal Revenue Code.

  • April 16, 2026

    ICE Ordered To Stop Work On Maryland Detention Center

    A Maryland federal court blocked the Trump administration from continuing construction work to convert an existing warehouse into an immigrant detention center while a challenge brought by the state under federal environmental regulations plays out.

  • April 16, 2026

    4 Canadian Law Firms Steer $9.4B REIT Take-Private Deal

    Choice Properties REIT and private equity firm KingSett Capital have agreed to acquire First Capital REIT in a transaction valued at approximately $9.4 billion, including debt, in a deal steered by four Canadian law firms. 

  • April 16, 2026

    Nossaman Adds Procopio Construction Trio In California

    Nossaman LLP has deepened its infrastructure group by adding a pair of partners and an associate to its Orange County roster who joined from Procopio Cory Hargreaves & Savitch LLP.

  • April 16, 2026

    Clean Energy Lender Lands C-PACE Funding Up To $300M

    Investment manager Ares Management provided up to $300 million for a Commercial Property Assessed Clean Energy financing vehicle to an affiliate of Los Angeles-based commercial real estate finance firm AXCS Capital, according to an announcement.

  • 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."

Expert Analysis

  • Contractor Remedies Amid Overhaul Of Federal Spending

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    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.

  • Contract Disputes Recap: Terminations Galore

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    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.

  • Making The Opportunity Zones Program Great At Last

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    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.

  • Investor Essentials For Buying Federally Owned Property

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    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.

  • How 2025 Is Shaping The Future Of Bank Mergers So Far

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    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.

  • Why NY May Want To Reconsider Its LLC Transparency Law

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    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.

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

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    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.

  • How GSA Lease Clauses May Affect DOGE Terminations

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    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.

  • What SDNY Judge Can And Can't Do In Adams Case

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    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.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “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.

  • Corp. Transparency Act's Future Under Treasury's Bessent

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    The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.

  • Nippon Order Tests Gov't Control Over Foreign Investments

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    The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden’s January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government’s microscope, say attorneys at Blank Rome.

  • A Look At A Possible Corporate Transparency Act Exemption

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    Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.