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Real Estate
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April 10, 2026
REIT Investors Ink Deal Over CEO's Alleged Undisclosed Loan
Investors in Sun Communities Inc. asked a Michigan federal judge to grant initial approval to their $2.3 million deal with the real estate investment trust to end claims that its failure to disclose its then-CEO received a loan from a board member's relatives damaged shareholders when the information emerged in a short seller report.
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April 10, 2026
Real Estate Recap: Q1 Dealmakers, Tariff Creep In Contracts
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including the law firms that led real estate and hospitality deals in the first quarter, and examples of how tariffs are showing up in real estate contracts one year on.
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April 10, 2026
Simpson Thacher-Led Blackstone Preps Data Center REIT IPO
Blackstone Digital Infrastructure Trust Inc., a newly formed real estate investment trust focused on data centers, filed plans Friday for an initial public offering, with guidance from Simpson Thacher & Bartlett LLP and underwriters' counsel Paul Hastings LLP.
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April 10, 2026
Colo. Oil Co. Accuses Landfill Firms Of Easement Violations
An oil and gas company has accused two landfill operators of breaching their agreement allowing it exclusive use of part of their property for well operations, telling a Colorado state court it could lose tens of millions of dollars.
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April 10, 2026
Texas REIT Discloses $53M RealPage Settlement With Renters
A Texas-based real estate investment trust has reached a $53 million class action settlement for multidistrict litigation in Tenneseee federal court that accused the REIT and multiple landlords of using property management software company RealPage Inc.'s revenue management software for rent price-fixing.
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April 10, 2026
Social Media Influencer Gets 6 Years For $20M Ponzi Scheme
A social media finance influencer who pled guilty to wire fraud and abetting a false tax filing tied to a $20 million real estate Ponzi scheme was sentenced Friday to six years in prison by an Ohio federal judge.
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April 10, 2026
Kansas City Open To Talking To Royals About $1.9B Ballpark
Officials in Kansas City, Mo., have begun the process of talking with Major League Baseball's Royals about building a new $1.9 billion downtown ballpark, two years after voters rejected a tax hike for a stadium project.
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April 10, 2026
$68M Colony Ridge Deal To Proceed Without Court's Blessing
The U.S. Department of Justice on Friday said it will move forward with a $68 million settlement reached with land developer Colony Ridge Development LLC without seeking court oversight after a Texas federal judge raised concerns about the deal.
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April 10, 2026
Colliers Accused Of Unfair Firing Over Social Posts On Leave
Real estate and investment juggernaut Colliers International USA LLC fired a senior marketing manager for posting parenting advice under the Instagram name "DiaperDynasty" during her approved 12-week Family Medical Leave Act absence, wrongly accusing her of FMLA fraud, a new lawsuit claims.
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April 10, 2026
Texas Multifamily Developer Hits Ch. 11 Amid Lender Suits
A Texas-based workforce housing developer with affiliates and executives facing litigation from lenders has filed for Chapter 11 protection in Texas bankruptcy court with over $73 million in debt.
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April 10, 2026
NJ Holding Co. Escapes $1M Printers' Union Pension Liability
A union pension fund that tried to collect more than $1 million in withdrawal liability after a printing company ceased operations failed to prove that a holding company was a trade or business, a New Jersey federal judge ruled Friday, handing the holding company a win.
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April 10, 2026
'Pay Us Enough To Live': Worker Charged In $500M Depot Fire
A Southern California man who compared himself to Luigi Mangione has been charged in federal court with deliberately setting fires that destroyed the 1.2 million-square-foot Ontario warehouse where he worked.
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April 10, 2026
2 Firms Guide Mexican Resi REIT's $15M IPO
Greenberg Traurig LLP announced Thursday that it and Galicia Abogados SC advised Park Life Properties' 267 million pesos ($15.4 million) initial public offering, in Mexico's first residential rental-focused real estate investment trust IPO.
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April 09, 2026
Conspiracy Claims Not 'Plausible,' Insurers Tell Calif. Judge
California homeowners affected by the 2025 Los Angeles wildfires cannot "plausibly" allege insurers conspired to eliminate competition in the marketplace, an attorney for Chubb and other insurers told a California state judge Thursday in a bid to toss the homeowners' litigation, chalking market exits to insurers' independent economic interests.
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April 09, 2026
Holland & Knight Says RE Advice Can't Cause Malpractice Suit
Holland & Knight LLP told a Texas state court Thursday that transactional advice it gave years ago cannot form the basis of a malpractice suit because the statute of limitations expired, saying the two-year clock started ticking when judgment was reached in the underlying suit.
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April 09, 2026
Berkshire Unit Can't Use Broker Fee Deal To Duck Antitrust Suit
A Missouri federal judge refused Thursday to let a Berkshire Hathaway unit duck an antitrust lawsuit over real estate broker compensation rules, concluding the company cannot use its relationship with subsidiary brokerage HomeServices of America Inc. or a major settlement that HSA struck in a related case.
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April 09, 2026
Bass Berry, Kirkland Advise On Retail REIT's $1.7B PE Buyout
Bass Berry & Sims PLC is advising Whitestone REIT on its planned $1.7 billion sale to Kirkland & Ellis LLP-advised Ares Management Corp., in a take-private deal announced Thursday by the Houston-based retail real estate investment trust.
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April 09, 2026
Kan. Expands Value Adjustment Rule To Residential Property
Kansas expanded a requirement for county appraisers to adjust commercial property valuations or order an independent appraisal in certain cases to apply to residential property under a bill signed by the governor.
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April 09, 2026
SiFive Raises $400M To Spur Data Center Tech Push
Semiconductor startup SiFive surpassed its fundraising target for its data center technology plans by securing $400 million worth of Series G financing from a group of investors that included companies such as lead investor Atreides Management, NVIDIA and Apollo Global Management, the company announced Thursday.
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April 09, 2026
Zillow, Redfin Ask To Use 4th Circ. NCAA Ruling In FTC Suit
Property listing giants Zillow and Redfin asked a Virginia federal court to let them use a recent Fourth Circuit ruling for an NCAA case to bolster their dismissal bid against antitrust claims filed by the Federal Trade Commission and multiple states.
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April 08, 2026
Alaska Says Refuge Land Swap Allows Community Access
Alaska has asked a federal judge to deny a summary judgment bid by three tribal communities and an environmental group to vacate a U.S. Department of the Interior decision that traded federally protected wilderness to allow for a road through the Izembek National Wildlife Refuge.
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April 08, 2026
Trump Asks NY's Top Court To Toss AG's 'Flawed' Fraud Case
President Donald Trump on Wednesday asked New York's highest court to throw out New York Attorney General Letitia James' "deeply flawed" civil fraud judgment entirely after a lower appellate court tossed what it called an "excessive" $489 million penalty against the president, his sons and his real estate companies.
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April 08, 2026
Enviro Groups Sue To Stop Fla. Project, Save Panthers
Conservation groups sued the U.S. Fish and Wildlife Service on Wednesday for signing off on a 10,000-acre residential and commercial development project in Southwest Florida that the groups say will destroy the rapidly shrinking habitat of the endangered Florida panther.
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April 08, 2026
4th Circ. Revives Widow's Sewage Cleanup Clash With NC City
A split Fourth Circuit panel Wednesday revived a widow's suit alleging she was coerced into giving up her claims against the city of Charlotte, North Carolina, after her home was flooded with raw sewage, finding she had enough evidence to take the case to trial.
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April 08, 2026
Mass. Justices Divided Over $325M Pro Soccer Stadium Project
Justices on Massachusetts' highest court on Wednesday appeared split on whether a $325 million professional women's soccer stadium currently being built on part of Boston's historic Franklin Park is subject to a requirement for legislative approval of plans to convert parks to a new use.
Expert Analysis
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Mortgage EO Casts Wide Net In Push To Ease Lending Rules
A recent executive order targeting mortgage credit access states an intent to promote competition among all types of lenders and is notable for its breadth, resetting regulatory expectations in a number of areas including origination, digitization and licensing, says Kara Ward at Baker Donelson.
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Series
Alpine Skiing Makes Me A Better Lawyer
Skiing has shaped habits I rely on daily as an attorney — focus, resilience and the ability to remain steady when circumstances shift rapidly — and influences the way I approach legal strategy, client counseling and teamwork, says Isaku Begert at Marshall Gerstein.
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Fair Housing Takeaways From Colony Ridge Settlement
The recent settlement agreement between Colony Ridge Developments, the U.S. government and the state of Texas — perhaps the first settlement involving unfair lending and housing practices during the second Trump administration — reflects current enforcement priorities and sheds light on shifting compliance risks, say attorneys at Weiner Brodsky.
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Senior Housing Demands A Distinct Dealmaking Playbook
An aging population and evolving state regulations underscore a critical reality that senior housing assets can undergo operational or compliance shifts during dealmaking, highlighting the need for unique contractual safeguards like expanded disclosures, anchored notice obligations, and targeted closing conditions and remedies, say attorneys at Goodwin.
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Seeking A Policy Fix As Merger Reporting Fight Continues
A recently announced request by the Federal Trade Commission and U.S. Department of Justice for public comment on the Hart-Scott-Rodino premerger reporting requirements, as litigation challenging the commission's updated requirements continues, suggests the government's willingness to address how best to support modern merger enforcement without unduly burdening filing parties, say attorneys at Baker Botts.
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What New Fla. Citizens Bill Means For Surplus Lines Insurers
A Florida bill recently passed by the Legislature as part of a continued effort to depopulate Citizens Property Insurance, the state's insurer of last resort, creates an additional pathway for commercial policies to be written by surplus lines insurers, but also presents concerns of unnecessary regulation, say attorneys at Troutman.
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What A Court Doc Audit Reveals About Erroneous Filings
My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.
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Regulators' Basel Pitch May Bring Banks Capital Relief
The prudential banking agencies' new proposals to implement the so-called Basel III endgame rules — which would modify the approach to risk-based capital, among other notable changes — represent a fundamental directional shift in bank capital requirements aimed at increasing lending capacity, says Chen Xu at Debevoise.
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Series
Mich. Banking Brief: All The Notable Legal Updates In Q1
Michigan's financial services sector saw several significant developments in 2026's first quarter, including the state Department of Insurance and Financial Services' issuance of a bulletin on the use of artificial intelligence and the Michigan House's introduction of a bill based on the Model Money Transmission Modernization Act, say attorneys at Dykema.
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Series
Ultramarathons Make Me A Better Lawyer
Completing a 100-mile ultramarathon was tougher, more humbling and more rewarding than I ever imagined, and the experience highlighted how long-distance running has sharpened my ability to adapt to the evolving nature of antitrust law and strengthened my resolve to handle demanding, unforeseen challenges, says Dan Oakes at Axinn.
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In First For DOJ, Action Signals New CFIUS Enforcement Era
The U.S. Department of Justice is seeking judicial enforcement of a divestment order, an unprecedented action for the agency that ushers in a new phase for the Committee on Foreign Investment in the United States, one in which judicial proceedings complement administrative oversight and presidential divestment orders may be enforced through litigation, says attorney Sohan Dasgupta.
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Navigating The Perks Of Qualified Opportunity Zones 2.0
The second iteration of the qualified opportunity zone program, effective Jan. 1, 2027, will introduce new tax incentives for rural real estate development, but these benefits can only be realized if proper governance is a priority, including clear documentation and securities law compliance, says Coni Rathbone at VF Law.
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Getting The Most Out Of Learning And Development Programs
Excerpt from Practical Guidance
Junior associates can better develop the legal, business and interpersonal skills they need for long-term success by approaching their firms’ learning and development programs armed with five tips for getting the most out of these resources, says Lauren Hakala at Reed Smith.
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Opinion
AI Presents A Make-Or-Break Moment For Outside Counsel
The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.
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When 'Qualified Transferees' Can Chill UCC Foreclosures
A recent New York state court decision in a closely watched real estate dispute in WWP Mezz LLC v. WWP Mezz Investment Co. is a reminder to lenders, and a warning to borrowers, of the Uniform Commercial Code foreclosure's immense power as a lender remedy, says Joshua Wurtzel at Schlam Stone.