Commercial

  • May 15, 2026

    Fla. Judges Orders $205M Foreclosure For Miami Hotel

    A Florida state judge entered a final judgment in the $204.6 million foreclosure of Miami Beach's Goodtime Hotel, after an owner tied to former Vornado CEO Michael Fascitelli and fellow Vornado alum Eric Birnbaum defaulted on a $152 million loan tied to the property.

  • May 15, 2026

    MLB's Rays, Local Officials Reach $2.3B Ballpark Framework

    Major League Baseball's Tampa Bay Rays, along with city and county officials, announced Friday that they've reached the basics of a $2.3 billion deal using public and private money to pay for a new ballpark for the team.

  • May 15, 2026

    RealPage And Most Landlords Must Face NJ's Antitrust Claims

    A New Jersey federal judge held that RealPage and most landlords accused of price-fixing must face the state attorney general's antitrust allegations because the complaint contends all but one landlord largely ceded individual pricing decisions to RealPage, according to a mixed decision unsealed Thursday that tossed some state claims.

  • May 15, 2026

    Fla. Office Campus Owner Signs Leases With Multiple Cos.

    The owner of a 400,000-square-foot Aventura, Florida, office campus has signed almost 50,000 rentable square feet of new leases with multiple companies, such as real estate brokerage Keller Williams and mortgage lender CrossCountry Mortgage LLC, according to leasing agent Blanca Commercial Real Estate.

  • May 15, 2026

    Realty Co. Workers Lose Bid To Fight Collective Cert. Denial

    A North Carolina federal court declined to let employees alleging a property management company shortchanged them on overtime wages haul a recent order denying a bid for collective certification into the Fourth Circuit. 

  • May 15, 2026

    Buddhists' Fla. Temple Suit Is Moot, Army Corps Says

    The Army Corps of Engineers asked a Florida federal court Friday to either pause or dismiss Buddhists' lawsuit alleging environmental and religious violations, arguing that an Everglades restoration project surrounding a temple was paused because of funding reallocation and because relief isn't possible since some construction was already completed.

  • May 15, 2026

    CRE May Face Stress From Private Credit Market, Report Says

    Commercial real estate could face indirect pressures from ongoing strain in the private credit market if this leads banks to tighten credit lines and threatens confidence among limited partnerships, CBRE noted in a report on private credit stress.

  • May 15, 2026

    Chinese Developer Kaisa Gets Ch. 15 Recognition

    Chinese property developer Kaisa Group received recognition of its Hong Kong insolvency proceeding, under which it is seeking to restructure its more than $15 billion of debt.

  • May 15, 2026

    V&E Survey Cites Power Capacity As Main Data Center Barrier

    A Vinson & Elkins LLP survey found that infrastructure developers and investors are confident that existing power infrastructure can meet near-term demand for data centers, even if power access could eventually become an obstacle to the projects supporting artificial intelligence technology. 

  • May 14, 2026

    Policyholders Win In Calif. Water Leak Precedent Ruling

    Policyholder advocates won a victory when a state court said litigators can cite a recent ruling about water damage claims.

  • May 14, 2026

    Benson Mucci Guides Costco's $55M Fla. Land Buy

    Retail giant Costco Wholesale paid $55 million for a 55-acre Fort Myers, Florida, development site in a land purchase deal guided by Benson Mucci & Weiss PL.

  • May 14, 2026

    Cushman & Wakefield Wants Discovery Stay For 401(k) Suit

    Commercial real estate services company Cushman & Wakefield told a Washington federal court Thursday that a proposed 401(k) class action's discovery deadlines need to be paused because of the company's pending dismissal and venue transfer motions.

  • May 14, 2026

    V&E, Latham Guide Oil Landowner EagleRock's $320M IPO

    EagleRock, a landowner collecting revenue from oil and gas activity in the Permian Basin, reached a market capitalization of $2.4 billion in an initial public offering advised by Vinson & Elkins LLP and Latham & Watkins LLP.

  • May 14, 2026

    Ex-Vornado CEO, Lender In Talks To Settle Miami Hotel Suit

    The lender and guarantors of a loan on a Miami hotel agreed Wednesday to hit pause on a lawsuit while they try to reach a settlement and allow a foreclosure on the property to go forward.

  • May 13, 2026

    Trump Library Land Given As Unlawful Gift, Fla. Suit Says

    A group of Florida residents alleged President Donald Trump broke the law after paying nothing to receive a downtown Miami parcel worth $300 million to build his presidential library, claiming in a federal lawsuit filed Wednesday the land transfer constituted an illegal gift under the U.S. Constitution.

  • May 13, 2026

    Heitman Lands $475M For Self-Storage Strategy Launch

    Heitman LLC has secured $475 million in investments for a self-storage acquisition initiative, enabling the global real estate investment manager to acquire a 79-property seed portfolio spanning 4.9 million rentable square feet, the company announced.

  • May 13, 2026

    A Decades-Old Infrastructure Funding Idea Finds New Ground

    Some of the biggest states in the U.S. have for years allowed developers to create special districts in which future property owners, instead of general taxpayers, pay for the infrastructure the neighborhood needs. Now, other fast-growing states are starting to join the club.

  • May 13, 2026

    Insurers Accused Of Stonewalling On $2.7M Hurricane Claims

    A New Orleans church urged a Louisiana federal judge to reopen litigation in order to sanction Lloyd's of London underwriters and other insurers, accusing them of repeatedly impeding efforts to arbitrate a nearly 4-year-old $2.7 million dispute over hurricane damage coverage.

  • May 13, 2026

    Simpson Thacher-Led Blackstone REIT Prices $1.75B IPO

    A Blackstone real estate investment trust focused on data centers is set to begin trading May 14 after raising $1.75 billion in an initial public offering, advised by Simpson Thacher & Bartlett LLP and underwriters' counsel Paul Hastings LLP.

  • May 13, 2026

    Goodwin Real Estate Atty Eyes Tariffs At Capital-Raising Stage

    A year after President Donald Trump's "Liberation Day" speech, tariffs are coming up in the context of capital-raising for real estate deals, one of Goodwin Procter's real estate leaders told Law360 in a recent interview.

  • May 13, 2026

    10th Circ. Doubts Bid To Undo Colo. Land Swap

    A Tenth Circuit panel appeared unsure that an appraisal of a land exchange between the federal government and a private landowner must be publicly disclosed under federal law, despite claims to the contrary from an attorney representing Colorado Wild Public Lands at oral argument Wednesday.

  • May 13, 2026

    Vedder Extends Downtown Chicago HQ Lease Through 2041

    Vedder Price has signed a 12-year lease extension deal with Tishman Speyer that will keep the law firm at its longtime global headquarters in Chicago through 2041, the real estate company announced Wednesday.

  • May 13, 2026

    Ex-NY Judge Charged With $5M Real Estate Investment Scheme

    A recently resigned Brooklyn state judge and a real estate investor were arrested Wednesday on federal charges they scammed $5 million from investors who backed their purported New Jersey commercial sale, allegedly pitched using the judge's good name.

  • May 13, 2026

    Hotel Giants Stay Bullish Amid War, World Cup Doubts

    Strong starts to 2026 have prompted leading hotel owners and operators to maintain or raise their outlooks despite uncertainties arising from the Middle East conflict and doubts about how much of a positive impact the World Cup will bring the U.S. market.

  • May 13, 2026

    Warsh Confirmed As Trump's Next Federal Reserve Chair

    The U.S. Senate signed off Wednesday on the White House's choice of Kevin Warsh to lead the Federal Reserve, capping off a monthslong process that became entangled in the Trump administration's push to criminally investigate outgoing Fed Chair Jerome Powell.

Expert Analysis

  • 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.

  • Navigating A Potpourri Of Possible Transparency Act Pitfalls

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    Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.

  • Keys To Successful Commercial Property Insurance Claims

    Excerpt from Practical Guidance
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    While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.