Commercial

  • June 08, 2026

    NYC Real Estate Week In Review

    Paul Weiss and Fried Frank are among various law firms that guided the largest real estate deals that hit New York City public records last week, two of which were nine-figure trades.

  • June 08, 2026

    'Hard-Money' Lenders Stole Millions In Fees, Feds Tell Jury

    Two Florida men used their "hard-money" commercial real estate finance company to steal millions, prosecutors told a Manhattan federal jury Monday, calling their operation a scam designed to reap upfront fees before the defendants put up "roadblocks" to kill transactions.

  • June 08, 2026

    Real Estate GC Jumps To Phelps Dunbar In Tampa

    Phelps Dunbar LLP announced Monday that it tapped a former in-house counsel from a real estate private equity company to serve as a partner in the firm's Tampa, Florida, office.

  • June 08, 2026

    Singapore Data Center Co. Raises $4.5B In Series C Offering

    Singapore-based digital infrastructure company DayOne Data Centers said it has closed its Series C financing with a total of $4.5 billion led by its largest shareholders, investment manager Coatue and private equity firm Hillhouse.

  • June 08, 2026

    Finance Tower Owner Sues CBRE Over 'Biased' Valuation

    The owner of Belgium's Finance Tower has accused real estate investment giant CBRE of wrongly withholding rental income following a "biased" valuation of the skyscraper obtained by lenders who put surveyors under pressure.

  • June 08, 2026

    High Court Reopens Review Of DOE Furnace Efficiency Rules

    The U.S. Supreme Court on Monday vacated a D.C. Circuit decision that upheld Biden-era energy efficiency standards for furnaces and water heaters and ordered the circuit court to take another look in light of the Trump administration's intent to revise the rules.

  • June 05, 2026

    Hotel Investment Firm Settles SEC Claims Of $86M Fraud

    A hotel investment firm and its founder have settled claims brought by the U.S. Securities and Exchange Commission accusing the company of raising about $86 million through "deceptive conduct," with a Texas federal judge signing off on the settlement Friday.

  • June 05, 2026

    Diocese Says Feds Already Working On Land Before Taking

    Attorneys for the Catholic Diocese of Las Cruces in New Mexico clashed with the government Friday over reports that Border Patrol contractors are already working on a stretch of church-owned land the government wants for border wall construction but has not won the title to.

  • June 05, 2026

    Site Redeveloper Fined $500K For Illegal Asbestos Demolition

    A redevelopment firm that admitted it commenced demolition work at a former automotive plant in Saginaw, Michigan, without first remediating asbestos was sentenced Friday to pay a $500,000 criminal fine and serve two years of probation, federal prosecutors said.

  • June 05, 2026

    Developers Say Bank Shared Financials On Debt Buyer Site

    A pair of well-known Boston real estate developers claimed in a lawsuit Friday that Eastern Bank and debt marketplace DebtX publicly disclosed personal financial statements they had submitted in support of a commercial real estate loan.

  • June 05, 2026

    Wash. Judge Vacates 'Blank Check' $630M Timeshare Deal

    A Washington federal judge Friday undid a $630 million settlement in a timeshare consumer class action, deeming it a "blank check" agreement based on unreliable damages estimates that the litigation parties reached without consideration for insurers that would likely have to cover the judgment.

  • June 05, 2026

    Saks Global OK To Exit Bankruptcy With $500M, Rebound Plan

    A Texas bankruptcy judge signed off Friday on retailer Saks Global's Chapter 11 plan, allowing the debtor to cut most of its existing debt and borrow $500 million in new money to support an effort to revitalize its business.

  • June 05, 2026

    Montgomery McCracken Wants Out Of Rider's Malpractice Suit

    Montgomery McCracken Walker & Rhoads LLP this week asked a New Jersey state court to dismiss malpractice claims against it and a firm attorney from Rider University stemming from a dispute over the school's ownership of a $42 million property.

  • June 05, 2026

    Real Estate Lawyers On The Move

    Gibson Dunn and Seyfarth Shaw are among the law firms that have made recent real estate or construction hires.

  • June 05, 2026

    Tishman Speyer Lands $300M For Korea Real Estate Venture

    Tishman Speyer said it has secured $300 million in equity commitments from pension funds APG and Bouwinvest to invest in commercial real estate throughout Seoul, South Korea.

  • June 05, 2026

    CoStar Gets Antitrust Suit Paused Pending Transfers

    A Virginia federal judge granted commercial real estate information company CoStar's request to pause a brokerage's proposed antitrust class action due to pending transfer motions.

  • June 05, 2026

    3 Firms Guide TPG-Led Group's $2B Echo Realty Grocery Buy

    A global consortium led by TPG has agreed to purchase grocery-anchored Echo Realty in a transaction valued at about $2 billion, with plans to expand Echo's leasing and management business while growing acquisition initiatives, according to a Friday deal announcement. 

  • June 04, 2026

    Exxon Owes $580K For Atty Fees In Gas Station Cleanup Suit

    Exxon Mobil must pay nearly $580,000 in legal fees and costs after a Washington federal judge found the oil giant partially on the hook for the cleanup of a Seattle gas station, awarding half the station owner's requested amount based on its "limited success" at trial.

  • June 04, 2026

    Real Estate Co. Says Insurer Owes $6.4M For Title Dispute

    A real estate acquisition company told a Michigan federal court Thursday that its title insurer owes nearly $6.4 million for a deal that resolved a dispute over ownership of property along the Detroit River where foundations for the Ambassador Bridge to Canada are located.

  • June 04, 2026

    Nuveen Closes Georgia Record $64M C-PACE Hotel Deal

    A landmark Atlanta tower is getting a facelift, thanks, in part, to a milestone piece of Commercial Property Assessed Clean Energy financing.

  • June 04, 2026

    Paul Weiss Leads Vornado's $229M NY Store Sale To Northwell

    Office and retail real estate company Vornado Realty Trust has sold a former department store in Queens to healthcare provider Northwell Health Inc. for more than $229 million, in a deal guided by Paul Weiss Rifkind Wharton & Garrison LLP, according to official property records filed with the New York City Department of Finance.

  • June 04, 2026

    Miami F1 Track Flaw Suit Settles At Start Of Trial

    After trying and failing to boot the judge overseeing a case over the construction of a track that failed during the Formula 1 Miami Grand Prix race in 2022, a British racetrack consultant avoided a trial with a last-minute settlement.

  • June 04, 2026

    Ex-Newark Deputy Mayor Gets Prison In Bribery Scheme

    A former Newark deputy mayor was sentenced to just over a year in prison in New Jersey federal court for accepting cash and luxury gifts from two real estate developers involved in redevelopment projects for city-owned properties.

  • June 04, 2026

    Pot Business Tells 6th Circ. Mich. City Defied Court Order

    The clerk of a Michigan city intentionally sabotaged a plan to revitalize a deserted shopping center to prevent cannabis businesses from operating there, a real estate company told a Sixth Circuit panel Thursday in hopes of reviving its suit over the delays and setbacks.

  • June 04, 2026

    Realty Rival, Directors Barred From Poaching Brokerage Staff

    Two former sales directors for a real estate brokerage must stop recruiting former coworkers for a rival company that hired them, North Carolina's business court has said, finding the new employer should also be barred from meddling with more of the brokerage's employment contracts.

Expert Analysis

  • 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.

  • Avoid Getting Burned By Agencies' Solar Financing Spotlight

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    Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.

  • Co-Tenancy Clause Pointers For Shopping Center Landlords

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    Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at Cox Castle.

  • Assessing Algorithmic Versus Generative AI Pricing Tools

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    A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.

  • Navigating A Potpourri Of Possible Transparency Act Pitfalls

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    Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.

  • Keys To Successful Commercial Property Insurance Claims

    Excerpt from Practical Guidance
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    While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.

  • Tips For Handling Single Asset Real Estate Bankruptcy Cases

    Excerpt from Practical Guidance
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    Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset real estate debtor Chapter 11 cases, which generally arise when a debtor is forced to file for relief to stop an impending foreclosure sale.