Commercial

  • April 30, 2026

    Judge Spares Offshore Wind Farm In Resident Noise Suit

    A New Jersey federal judge dismissed a challenge from a group of residents to an offshore wind development, finding state laws regulating construction noise and operation don't apply to the work authorized by Congress.

  • April 30, 2026

    Cannabis Dispute Ends With Plaintiff Co. Facing $1.34M Default

    A California state court snuffed out a Los Angeles cannabis company's fraud lawsuit against its investors and landlords, which were accused of stealing $40 million and wrecking its cannabis license, opening the door for the ex-business partners to score a $1.34 million default judgment.

  • April 30, 2026

    Gaming REIT Execs Talk State Regs, Insurance, Caesar's

    In calls to discuss their first-quarter results with analysts last week, officials from gaming-focused real estate investment trusts Gaming and Leisure Properties and VICI Properties spoke about sources of capital, a potential Caesar's take-private deal, and risks posed by various state efforts to expand legal gambling.

  • April 30, 2026

    Broker Says RE Biz Partner Stole Over $1M In Funds

    A North Carolina real estate broker has alleged in a lawsuit designated by the state's business court on Wednesday that his real estate development partner stole more than $1 million from companies they own together.

  • April 30, 2026

    AH Realty Trust Seeks To Revamp Board In Strategic Shift

    AH Realty Trust is trying to revamp its board of directors so it has nominated an ex-Morgan Stanley executive and a cannabis-focused real estate investment firm's chief financial officer, the real estate investment trust announced April 30.

  • April 30, 2026

    Acres Commercial To Internalize Management With Merger

    Hunton Andrews Kurth LLP advised as Acres Commercial Realty Corp. acquired Acres Capital Corp. in a transaction to internalize the real estate investment trust's manager and more than double its assets under management.

  • April 29, 2026

    Enterprise AI Adoption Drives Data Center REIT Gains

    Digital infrastructure demand grew among businesses seeking to use artificial intelligence systems at scale and drove lofty gains in first-quarter earnings for data center real estate investment trusts Equinix Inc. and Digital Realty Inc., executives said in recent earnings calls.

  • April 29, 2026

    Utah Biz Owner Says Colo. Cannabis Store Owners Owe $4.8M

    The owners of a chain of Colorado retail cannabis stores were accused by a Utah-based entrepreneur in Colorado federal court Tuesday of owing more than $4.8 million in unpaid obligations, including more than $2 million in unpaid loans and nearly $2 million in airplane expenses.

  • April 29, 2026

    New Starts Still Lag As 2 REITs Go All In On Senior Housing

    Executives from healthcare real estate investment trusts Ventas and Welltower said they are shifting more of their portfolios to senior housing assets amid continued strong demand, but one REIT said rents largely aren't supporting the high costs of new senior living construction.

  • April 29, 2026

    Powell Says He'll Stay On Fed Board After Time As Chair Ends

    Federal Reserve Chair Jerome Powell said Wednesday that he won't immediately leave the central bank once his term ends next month and plans instead to remain on its board temporarily, pointing to the Trump administration's recent "legal attacks" on the institution.

  • April 29, 2026

    Fla. Judge DQ'd In Trump Library Suit Over Courtroom Hug

    A Florida state appellate panel disqualified a trial judge overseeing a suit accusing a Miami college of transferring land for a President Donald Trump library without proper notice, agreeing Wednesday that the judge's thanking and hugging the man who brought the suit was improper.

  • April 29, 2026

    Vornado Pays $1.1B For Stake In NYC Office Tower

    Vornado Realty Trust will pay $1.1 billion to buy developer Closer Properties' 49% interest stake in a 45-story, 1.2-million-square-foot office tower in downtown Manhattan, the real estate investment trust announced April 28.

  • April 29, 2026

    Axonic Lends $72M To Refi JV's Midtown NYC Office Tower

    Real estate-focused alternative investment management firm Axonic Capital said Wednesday that it provided $72 million to refinance a joint venture's interest in a Class A Midtown Manhattan office building.

  • April 29, 2026

    Castlelake, Redwood Ink $8B Prime Jumbo Mortgage Venture

    Private credit specialist Castlelake LP and real estate investment trust Redwood Trust Inc. are partnering to buy up to $8 billion in prime jumbo mortgage loans as part of a joint venture agreement, they said April 29.

  • April 29, 2026

    Vacasa Investors Sue Over Spurned $131M Merger Bid

    Vacation rental company Vacasa is facing a proposed class action in Oregon from stockholders after accepting an acquisition bid from Casago that was $12 million lower on its face than a rival offer from Davidson Kempner Capital Management.

  • April 29, 2026

    Drew Eckl To Move To Midtown Atlanta Office Space

    Drew Eckl & Farnham LLP is set to move from its current Atlanta office to a new headquarters in the city's Midtown neighborhood later this year after signing a long-term lease.

  • April 29, 2026

    Restaurant Group Fat Brands Names Ch. 11 Auction Winners

    An auction for assets of Fat Brands Inc. netted offers totaling $10.5 million for two restaurant chains and credit bids for the company's 16 other brands, according to notices in its Chapter 11 case.

  • April 29, 2026

    Realberry Starts Northern Colo. Mixed-Use Project

    Realberry has begun construction on a 140-acre mixed-use project that's expected to be part of the developer's 3,000-acre Class A master-planned community in the Northern Colorado city of Loveland, the company announced Tuesday.

  • April 29, 2026

    3 Firms Advise Cognizant's $600M AI Infrastructure Co. Buy

    Artificial intelligence builder and technology services company Cognizant said it will expand its AI infrastructure capabilities with the acquisition of San Jose, California-based Astreya for about $600 million, a deal guided by Mayer Brown LLP, Latham & Watkins LLP and Skadden Arps Slate Meagher & Flom LLP.

  • April 29, 2026

    South African Investors Seek $2.3M From Disbarred Ga. Atty

    A group of South African investors who said their escrow funds were stolen by a now-disbarred Georgia lawyer has asked a federal judge to award them over $2.3 million in punitive damages atop the hundreds of thousands of dollars they allegedly lost to the attorney.

  • April 29, 2026

    Warsh's Fed Bid Moves Ahead After Powell Probe Is Shelved

    A U.S. Senate panel on Wednesday advanced President Donald Trump's pick of Kevin Warsh to lead the Federal Reserve, putting him on track for confirmation next month after a Republican holdout lifted his blockade tied to the now-dropped probe of current Fed Chair Jerome Powell.

  • April 28, 2026

    SL Green To Manage, Lease Hyundai's Tribeca Office Building

    Office landlord SL Green Realty said April 28 that it has reached a deal to manage and lease up a boutique office building in New York's Tribeca neighborhood that Hyundai Motor Group purchased in 2023.

  • April 28, 2026

    Judge Weighs Extent Of Kennedy Center Rebuild

    A D.C. federal judge appeared uninterested in having to "micromanage" the Kennedy Center's renovation projects from the bench, but also suggested that conflicting accounts of the actual scale of the proposed work at the performing arts center could pose a problem for the Trump administration's plans to close the facility for renovations.

  • April 28, 2026

    Cohen & Steers Names Deputy To Replace Retiring GC

    New York investment company Cohen & Steers said its longtime general counsel will step down in the first quarter of next year after a 40-year career in the financial services industry.

  • April 28, 2026

    Mayer Brown Adds Ex-PEG CLO To LA Funds Practice

    Mayer Brown LLP announced Tuesday that an experienced corporate attorney has joined the firm's Los Angeles office as a global funds and asset management partner following a stint working as chief legal officer with real estate investment firm PEG Cos. Inc.

Expert Analysis

  • 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.

  • Tips For Handling Single Asset Real Estate Bankruptcy Cases

    Excerpt from Practical Guidance
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    Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset real estate debtor Chapter 11 cases, which generally arise when a debtor is forced to file for relief to stop an impending foreclosure sale.

  • Increased Scrutiny Raises Int'l Real Estate Transaction Risks

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    Recently proposed regulations expanding the Committee on Foreign Investment in the United States' oversight, a White House divestment order and state-level legislative efforts signal increasing scrutiny of real estate transactions that may trigger national security concerns, say Luciano Racco and Aleksis Fernández Caballero at Foley Hoag.

  • Portland's Gross Receipts Tax Oversteps City's Authority

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    Recent measures by Portland, Oregon, that expand the voter-approved scope of the Clean Energy Surcharge on certain retail sales eviscerate the common meaning of the word "retail" and exceed the city's chartered authority to levy tax, say Nikki Dobay at Greenberg Traurig and Jeff Newgard at Peak Policy.