Commercial

  • 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.

  • June 03, 2026

    Iowa Creates Sales Tax Break For Nuclear Energy Facilities

    Iowa nuclear energy facilities that are beginning or restarting operation are eligible for a sales tax exemption on purchases of materials under a law signed by the governor.

  • June 03, 2026

    Black Creek Founders Launch $250M Light Industrial Venture

    A real estate investment platform focused on multitenant light industrial properties launched Wednesday with $250 million in capital from its founders and private lender BTD & MSD Partners.

  • June 03, 2026

    Crowell Unveils DC Office In Revamped Former Metro HQ

    Crowell & Moring LLP has a new home in the nation's capital, with the firm announcing Wednesday it has moved its D.C. office to the redeveloped former Washington Metropolitan Area Transit Authority headquarters.

Expert Analysis

  • Foreclosing Lenders Still Floating In Murky Legal Waters In NY

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    The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.

  • NYC Hotel Licensing Law's Costs May Outweigh Its Benefits

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    A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.

  • Calif. Ruling Offers Hope For Mitigated Negative Declarations

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    In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds — a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.

  • There's No Crying In Property Valuation Baseball Arbitration

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    The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes — in which each side offers competing valuations to an arbitrator, who must select one — is often ideal for resolving property valuation disputes, say Sean O’Donnell at Herrick Feinstein and Mark Dunec at FTI Consulting.

  • Webuild Ruling Complicates Arb. Award Enforcement In US

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    A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.

  • 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.