Commercial

  • 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.

  • June 04, 2026

    New Conn. Pollution Laws Focus On Releases, Not Transfers

    Under new release-based cleanup regulations that took effect March 1, Connecticut now requires pollution to be reported and remediated when it is found, not when property changes hands, a shift lawyers say expands reporting requirements and accelerates cleanup timelines.

  • June 04, 2026

    Judge Won't Rethink Insurer's Duty To Cover Data Center Row

    A California federal judge refused to allow Navigators Specialty Insurance Co. to file a reconsideration motion for a prior ruling that dismissed the insurer's claims in its coverage suit against a client company taken into arbitration over a California data center project.

  • June 04, 2026

    NY AG Must Preserve Cohen Docs In Trump's Civil Fraud Case

    The New York state trial court judge overseeing President Donald Trump's civil fraud case granted his request to preserve notes from private meetings between state litigators and Trump's former attorney Michael Cohen after the key witness said he felt "pressured" to testify.

  • June 04, 2026

    Data Center Power Co. Innio Prices Upsized $2.4B IPO

    Innio, a manufacturer of gas engines used to power artificial intelligence systems, began trading Thursday on the Nasdaq after raising $2.4 billion in an upsized initial public offering guided by Latham & Watkins LLP and Milbank LLP.

  • June 04, 2026

    Colo. OKs Penalties For False Property Valuation Statements

    Colorado could impose criminal penalties on owners of nonresidential property who willfully give false valuation information to county authorities under legislation signed into law by Gov. Jared Polis.

  • June 03, 2026

    Ropes & Gray Atty: Tariffs A Rounding Error For Data Centers

    Although tariffs are coming up in data center development discussions, their impact is at this point merely a "rounding error" of the total project cost, Ropes & Gray LLP's global real estate leader told Law360 Real Estate Authority in a recent interview.

  • June 03, 2026

    BKM, Kayne Nab $1.8B Industrial Portfolio From Blackstone

    BKM Capital Partners and Kayne Anderson Real Estate said Wednesday they have purchased a portfolio of industrial buildings for $1.8 billion from Blackstone subsidiary Link Logistics through a joint venture agreement.

  • June 03, 2026

    Nuveen Closes $37.6M C-PACE Loan For DC Medical Offices

    DC Green Bank and Nuveen Green Capital announced Wednesday the closing of $37.6 million in commercial property-assessed clean energy financing, better known as C-PACE, for an outpatient medical and community services building on the St. Elizabeths East campus in Southeast D.C.

Expert Analysis

  • 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.

  • As EPA Backs Down, Expect Enviros To Step Up Citizen Suits

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    As President Donald Trump's U.S. Environmental Protection Agency draws down federal enforcement efforts, environmental groups will step into the void and file citizen suits — so companies should focus on compliance efforts, stay savvy about emerging analytical and monitoring methods, and maintain good relations with neighbors, say attorneys at Beveridge & Diamond.

  • Emphasize Social Spaces During RE Project Public Review

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    As Boston continues to work through revisions to its public review process for real estate projects, developers attempting to balance impact mitigation and community improvements may benefit from emphasizing the ways in which development plans can facilitate open social exchange, says David Linhart at Goulston & Storrs.

  • What Contractors Can Do To Address Material Cost Increases

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    In light of the Trump administration's plans to increase tariffs on Mexico, Canada and China, construction industry players should proactively employ legal strategies to mitigate the impacts that price increases and uncertainty may have on projects, says Brenda Radmacher at Seyfarth Shaw.

  • Reg Waiver Eases Calif. Rebuilding, But Proceed With Care

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    California Gov. Gavin Newsom's executive order suspending some environmental review and permitting requirements for the reconstruction of homes and businesses damaged by recent wildfires may streamline rebuilding efforts, but will require careful navigation of the evolving regulatory landscape, says Gregory Berlin at Alston & Bird.

  • Insurance Considerations For LA Wildfire Recovery

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    Businesses and homeowners affected by the destructive Southern California wildfires must act swiftly and strategically to navigate the complexities of the insurance recovery process, including by identifying all applicable policies, documenting damage thoroughly and keeping abreast of relevant state law, say attorneys at Morgan Lewis.

  • LA Wildfires' Effect On Calif. Insurer Of Last Resort

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    Attorneys at Willkie discuss the background of California's insurer of last resort — known as the Fair Access to Insurance Requirements Plan — and examine the process of assessing member insurers and relevant recent property insurance market developments in light of the destruction from the ongoing Los Angeles wildfires.

  • Public Corruption Enforcement In 2024 Has Clues For 2025

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    If 2024 activity is any indication, the U.S. Supreme Court will likely continue to rein in expansive prosecutorial theories of fraud in the year to come, but it’s harder to predict what the new administration will mean for public corruption prosecutions in 2025, says Cathy Fleming at Offit Kurman.

  • Small Biz Caught In Corporate Transparency Act Crossfire

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    Despite compliance being put on hold due to a nationwide preliminary injunction, small businesses have been caught in the middle of the legal battle over the Corporate Transparency Act — and confusion over the law's requirements could result in major penalties, say attorneys at Snell & Wilmer.

  • What's Ahead As Transparency Act Comes To A Crossroads

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    Synthesizing the contrasting federal district and appellate court rulings on the Corporate Transparency Act’s validity reveals several main areas of debate that will likely remain at issue as challenges to the law continue winding through the courts, say attorneys at Farella Braun.

  • Timeline Considerations For Boston's New RE Review Process

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    Boston's newly reimagined large real estate project review process, featuring early community engagement, holds impacts for project timelines that land use counsel must account for when guiding developers through approvals, says David Linhart at Goulston & Storrs.

  • The Story Of 2024's Biggest Bank Regs, And Their Fate In 2025

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    U.S. federal bank regulators were very active in 2024 with initiatives ranging from antitrust and capital to proposals regarding controlling shareholders and incentive-based compensation, but many regulations face an uncertain future under the new administration, say attorneys at Latham.