Mac OSX server command equivalent for dhclient?

To renew the lease:

sudo ipconfig set <interface> DHCP

Usually interface is en0 or en1.

To see all the gory details, run sudo ipconfig setverbose 1 before you run the above, then tail /var/log/system.log. After you're done, remember to run sudo ipconfig setverbose 0 to turn it off again.