Commercial

  • June 16, 2026

    Consortium Outlines Terms Of £403M Picton Property Deal

    LondonMetric Property PLC and a unit managed by asset manager Schroders said Tuesday they are continuing discussions over an all-share acquisition of Picton Property Income Ltd., a U.K. real estate investment trust.

  • June 15, 2026

    Chancery Cuts Claim Over FNF Chair's $50M Equity Award

    The Delaware Chancery Court has narrowed a stockholder derivative lawsuit challenging compensation decisions at Fidelity National Financial Inc., dismissing claims tied to a $50 million equity award for Chairman William P. Foley while allowing claims over directors' self-approved compensation packages to move forward.

  • June 15, 2026

    Ventas GC Plans Departure For Blackstone

    The general counsel of senior housing-focused real estate investment trust Ventas Inc. is planning to leave the company for a new job at Blackstone Inc., according to a Form 8-K filing posted on Monday.

  • June 15, 2026

    Venu Wants $80M Deal For Texas Venue's Parking Garage

    Venu Holding Corp. is trying to complete an $80 million sale-leaseback of a 20,000-seat outdoor amphitheater's parking garage located in McKinney, Texas, the company announced Monday.

  • June 15, 2026

    PE Giants Face Dem Scrutiny Over Data Center Investments

    U.S. Sen. Elizabeth Warren is seeking information from several major private equity firms about their involvement in artificial intelligence data center development and operations, saying the increasing number of data centers across the country is putting pressure on American families and driving up utility costs.

  • June 15, 2026

    NYC Real Estate Week In Review

    Fried Frank and Paul Weiss are among the law firms that landed work on the largest New York City real estate deals that hit public records last week, with a pair of nine-figure trades topping the list.

  • June 15, 2026

    REIT Shareholder Calls $480M Deal 'Theft Dressed In A Suit'

    The largest shareholder in luxury hotel owner Braemar Hotels & Resorts vowed legal action after the company last week unveiled a plan to cut ties with a business controlled by Braemar's board chair and to become self-managed — triggering a $480 million termination fee.

  • June 15, 2026

    How The 'Great Wealth Transfer' Will Impact Farmland

    The "great wealth transfer" is shaping up to be a major storyline for the next couple of decades as the Baby Boomers begin to pass their assets to the next generation. Tyler Davis, president at land brokerage Saunders Real Estate, recently spoke with Law360 Real Estate Authority about a generational shift taking place in farmland ownership and strategies owners might consider to avoid legal disputes and financial pitfalls.

  • June 15, 2026

    Tishman Speyer Buys $40M Mezz Loan On Midtown Tower

    Real estate investor Tishman Speyer said Monday that it has purchased a $40 million mezzanine loan from J.P. Morgan for part of One Dag Hammarskjöld Plaza, a Midtown office tower.

  • June 15, 2026

    CBRE Denies 'Biased' Valuation In Skyscraper Rent Fight

    Real estate investment giant CBRE has hit back at allegations that it had wrongly withheld rental income from the owner of the Finance Tower in Belgium on the basis of a "biased" valuation of the skyscraper obtained by lenders who pressured surveyors.

  • June 15, 2026

    NYC's Simry Realty Hits Ch. 11 In Midst Of Family Feud

    Simry Realty Corp., a company controlled by the Haruvi family that co-owns several apartment buildings in Manhattan, has filed for Chapter 11 protection in New York with up to $100 million in debt, saying a dispute with the daughter of developer Arthur Haruvi has blocked its reorganization and threatened its properties.

  • June 12, 2026

    Industrial REIT Fills 2 Key Vacancies In Indiana, Hawaii

    Industrial Logistics Properties Trust has signed leases for properties in Hawaii and Indiana totaling more than 2.7 million square feet, filling two of the real estate investment trust's largest portfolio vacancies, the REIT announced.

  • June 12, 2026

    Detroit Tried To Seize Project, Developer Says In Suit

    A development company that sought to revive a 38-acre Detroit hospital campus and transform it into a $148 million commerce and innovation hub has filed a complaint in Michigan bankruptcy court claiming the city of Detroit and the Detroit Land Bank Authority are unlawfully obstructing the project and trying to reclaim the parcel for political reasons.

  • June 12, 2026

    NJ Judge Orders RealPage Parties To Renew Discovery Talks

    A New Jersey federal magistrate judge on Friday adjourned an initial scheduling conference in the state's rent price‑fixing lawsuit against RealPage Inc. and a dozen multifamily landlords, warning the parties that they must show a good-faith effort to narrow their differences.

  • June 12, 2026

    Data Center Tax Fight Spurs Va. House Study Proposal

    Trying to move forward Virginia's budget, which has been snarled for weeks amid an intraparty fight over continuing tax breaks for data centers, state House Democrats proposed what they called a compromise plan Friday that would create a commission to study the centers.

  • June 12, 2026

    US Trustee Seeks Fee Cut For Weil In NYC Landlord Ch. 11

    The U.S. Trustee's Office is asking a New York bankruptcy judge to give Weil Gotshal & Manges LLP a 20% haircut on its fees for the Chapter 11 of a Manhattan landlord, saying the firm tried to lump together too many tasks in its billing entries.

  • June 12, 2026

    Miami Lakes Boutique Credits Client Approach For Success

    The boutique Gastesi Lopez Mestre & Cobiella PLLC in Miami Lakes, Florida, has more than doubled its attorney headcount since launching in 2019 and recently moved into a much larger office.

  • June 12, 2026

    Braemar To Cut Ashford Ties In Shift To Self-Managed REIT

    Luxury hotel owner Braemar Hotels & Resorts said Friday that it will become internally managed by canceling an advisory agreement with another company that shareholders have argued was the source of self-dealing by Braemar's board chairman, who resigned in the shake-up.

  • June 12, 2026

    Families Appeal Loss Against Lockheed Martin To 11th Circ.

    Three families who accused Lockheed Martin of causing their children's birth defects told a Florida federal court Thursday that they are appealing a May jury verdict in favor of the defense giant to the Eleventh Circuit.

  • June 11, 2026

    SEC Says PE Fund Hiding Info In Sealed Monitor Reports

    The U.S. Securities and Exchange Commission asked a Florida federal court on Wednesday to unseal reports by a court-appointed monitor of a private equity firm accused of defrauding investors in a $1 billion fund, arguing that the firm is abusing a sealing order to hide information from investors.

  • June 11, 2026

    Womble Bond Adds Ariz. Real Estate Partner

    Womble Bond Dickinson has hired a former Procopio Cory Hargreaves & Savitch LLP partner as a transactional real estate partner for its Phoenix office, the firm announced.

  • June 11, 2026

    KKR, Partners Back Helix AI Infrastructure Venture With $10B

    Private equity firm KKR, the Kuwait Investment Authority and Texas-based power generation company Vistra said Thursday they've launched a $10 billion company to deliver infrastructure needed for hyperscalers to meet demand for artificial intelligence technology.

  • June 11, 2026

    Panel Tosses NJ Mall's 3rd Bid To Force Parking Garage Build

    A New Jersey appeals court has dismissed a shopping center owner's third attempt to force construction of a parking garage imagined in a 2004 plan instead of a nine-story, mixed-use building developers pitched after Newark adopted policies against new parking lots in the area.

  • June 11, 2026

    Schwartz Sladkus Adds Ex-Moritt Hock Commercial Litigator

    A Moritt Hock & Hamroff LLP attorney with three decades of commercial and real estate litigation experience has moved his practice to Schwartz Sladkus Reich Greenberg Atlas LLP in Boca Raton, Florida, the firm said Thursday.

  • June 11, 2026

    MoFo Guides $190M Mortgage Loans Consolidation, Split Deal

    Manhattan office landlord SL Green Realty Corp. has reached an agreement with United Overseas Bank to consolidate and sever more than $190 million worth of mortgages that are connected to a New York City property in a mortgage deal guided by Morrison Foerster LLP, according to records filed on Thursday with the NYC Department of Finance.

Expert Analysis

  • 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.

  • 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.