Commercial
-
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."
-
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.
Expert Analysis
-
CFIUS Initiative May Smooth Way For Some Foreign Investors
A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.
-
How AI Data Centers Are Elevating Development Risk In 2026
As thousands of artificial intelligence data center constructions continue to pop up across the U.S., such projects must be treated not as simple real estate developments, but as infrastructure programs where power, supply chains and technology integration all drive both schedule and risk, say attorneys at Cozen O’Connor.
-
Tips For Counsel As PE Eyes Data Center Facility Services
As private equity interest in specialized commercial facility services providers heightens, considerations for counsel and private equity investors run the gamut from contract transferability to facility compliance, say attorneys at Morgan Lewis.
-
CFIUS Must Adapt To Current Foreign Investment Realities
To continue protecting the U.S.’ long-term strategic and economic interests, the Committee on Foreign Investment in the United States should implement practical enhancements that leverage technology, expertise and clear communication, and enable it to keep pace with evolving demands, says attorney Sohan Dasgupta.
-
Breaking Down Expense Allocation In Mixed-Use Properties
Rapid increases in condominium fees and special assessments, driven by multiple factors such as rising insurance costs and expanded safety requirements, are contributing to increased litigation, so equitable expense allocation in mixed-use properties requires adherence to the governing documents, says Mike Walden at FTI Consulting.
-
What Fla. Trends Reveal About AI In Real Estate Development
Property developers can begin to understand how artificial intelligence tools are changing the real estate industry by studying Florida, where developers are using AI to speed vital processes, and AI disclosure and ethics requirements are proliferating, says Ben Mitchel at Shubin Law.
-
NJ Ruling Sheds Light On When 'Stub Rent' Must Be Paid
A New Jersey bankruptcy court's recent decision in New Rite Aid affirms that landlords can have "stub rent" treated as an administrative expense and highlights critical considerations for debtors, including the importance of deciding when and where to file for bankruptcy, say attorneys at Cleary.
-
What Changed For Healthcare Transaction Law In 2025
Though much of the legislation introduced last year to expand state scrutiny of healthcare transactions did not pass, investors should pay close attention to the overarching trends, which are likely to continue in this year's legislative sessions, say attorneys at Ropes & Gray.
-
How Developers Can Harness New Texas Zoning Framework
A Texas law introducing a new zoning framework has the potential to unlock meaningful multifamily development opportunities, but developers and their project teams should follow four steps to help identify how affected cities are interpreting and implementing the new law, says Angela Hunt at Munsch Hardt.
-
What To Know About NY's Drastic 3rd-Party Practice Changes
Last month, New York Gov. Kathy Hochul signed a law establishing new time limits for the commencement of third-party actions, which will have dramatic effects on insurance defense practice, particularly cases involving construction site accidents or claims of premises liability, says Shawn Schatzle at Lewis Brisbois.
-
Expect A New Normal In Commercial Real Estate This Year
Even amid office vacancies and a wave of loan maturities, the commercial real estate market isn't as volatile as one might expect heading into 2026, but market stress is still uniquely intersecting with broader business challenges, creating new opportunities for corporate counsel and other practitioners beyond real estate, says Mark Bell at Stinson.
-
For Data Centers, Both Hyperscale And Edge Are Key In 2026
Recent trends in development of data centers highlight the importance of proactive attention to the zoning, permitting, interconnection and contractual issues associated with both hyperscale and edge facilities, in order to position projects for responsible growth in 2026 and protect their long-term value amid rapid technological and regulatory change, say attorneys at Sidley.
-
5 Lender Strategies When A Commercial Borrower Defaults
With an estimated $2 trillion in commercial real estate loans set to mature by 2027, now is an opportune time for lenders to review practices on both the front and back ends, and understand the full range of options available in the event of a default, says Keith Mundrick at Amundsen Davis.