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Residential

  • August 06, 2025

    Inland Empire Calif. Multifamily Complex Sells For $148M

    Broker Marcus & Millichap said it has arranged the $148.4 million sale of a 328-unit multifamily property in Southern California's Inland Empire area from its developer to a New York real estate firm.

  • August 05, 2025

    New Developer To Build $1.5B Resi Towers In Jersey City

    A new real estate developer stacked with former Brookfield Properties and Croesus Group executives unveiled the company's inaugural project on Tuesday — a $1.5 billion mixed-use project slated for construction in Jersey City, New Jersey.

  • August 05, 2025

    FHFA Doubles Freddie, Fannie LIHTC Investment Caps

    The Federal Housing Finance Agency will raise Freddie Mac and Fannie Mae's investment caps for Low Income Housing Tax Credit-qualifying properties from $1 billion for each government-sponsored enterprise to $2 billion annually, the agency announced on Tuesday.

  • August 05, 2025

    Court Trims Most Of Contractors' Suit Against NJ Prosecutors

    A New Jersey federal judge has trimmed the majority of claims brought against the Ocean County Prosecutor's Office by two contractors alleging they were illegally targeted in a criminal investigation over a business rivalry with an assistant prosecutor, ruling that the agency is protected by sovereign immunity.

  • August 05, 2025

    Pa. Bill Seeks 5-Year Reassessment Cycle For Property Taxes

    Pennsylvania would establish a schedule that would require counties to reassess property for tax purposes every five years under a bill introduced in the state Senate.

  • August 05, 2025

    Housing Builder Boxabl Goes Public Via $3.5B SPAC Deal

    Housing solutions company Boxabl Inc., advised by Winston & Strawn LLP, announced plans on Tuesday to go public via a merger with Loeb & Loeb LLP-led special purpose acquisition company FG Merger II Corp. in a deal that values the business at $3.5 billion.

  • August 04, 2025

    Rocket Cos. Investor Drops Mich. Derivative Suit

    An investor in the parent company of online mortgage lender Rocket Mortgage has dropped derivative allegations that the company's brass concealed a loan demand downturn a week after a proposed shareholder class action making similar claims was voluntarily tossed.

  • August 04, 2025

    Ex-Yankee Strikes $729K Deal With Moldy Mansion's Landlord

    Former Major League Baseball player Joshua Donaldson will receive around $729,000 from the landlord of a Connecticut mansion that suffered a mold problem after they reached a post-verdict deal to end their federal contract dispute.

  • August 04, 2025

    DC Circ. Backs FBI Agent's Bribery Sentence

    The D.C. Circuit Court has affirmed a former FBI special agent's two-year sentence for taking a bribe in connection with a property-buying scheme, finding that he accepted at least $6,500 from a real estate developer in exchange for illegally sharing information from a protected database to which the FBI subscribed.

  • August 04, 2025

    Dorsey & Whitney RE Atty Joins Thompson Coburn In Dallas

    Thompson Coburn LLP announced Monday that an experienced real estate attorney who's worked at several major firms in Dallas has come aboard from Dorsey & Whitney LLP.

  • August 04, 2025

    Hertz GC Leaves For Lennar After 1 Year In The Role

    The general counsel of Hertz has been hired by homebuilder Lennar Corp. as its new chief legal officer, effective Sept. 2, as Lennar's longtime general counsel steps down and the car rental giant moves one of its in-house attorneys to serve in an interim capacity.

  • August 04, 2025

    2 Firms Guide Elme Communities' $1.6B Portfolio Sale

    Elme Communities announced Monday that it plans to sell 19 multifamily assets to Cortland Partners LLC in a $1.6 billion deal, after which the multifamily real estate investment trust will liquidate remaining assets, in a deal guided by King & Spalding and Hogan Lovells.

  • August 04, 2025

    Real Estate Lawyers On The Move

    Holland & Hart, Davis Hartman Wright and Hahn Loeser are among the law firms that have made recent real estate or construction hires.

  • August 04, 2025

    Condo Can't Boot Unit Owner After Assault, Mass. Court Says

    A Massachusetts condominium association cannot force a unit owner charged with assaulting another resident to vacate his property, an intermediate state appellate court said Monday.

  • August 04, 2025

    Walker & Dunlop Lines Up $105M Refi For Nashville High-Rise

    Walker & Dunlop Inc. lined up $105 million in refinancing provided by Nuveen for a 356-unit, mixed-use high-rise in Nashville, Tennessee, the commercial real estate finance and advisory services firm announced Monday.

  • August 04, 2025

    Texas Bill Seeks Lower Voter-Approval Property Tax Rate

    Texas would reduce its voter-approval property tax rate, or the rate that a local government unit may adopt without voter approval, for large taxing units under a bill introduced in the state Senate.

  • August 04, 2025

    Greenberg Traurig Guides $128M Loan For NYC Tower

    Real estate fund manager and operator Arden Group borrowed $128.8 million from real estate investment trust Starwood Property Trust Inc. for Arden's multifamily tower in uptown Manhattan's Inwood neighborhood in a deal guided by Greenberg Traurig LLP, according to official property records.

  • August 04, 2025

    Gibson Dunn Guides $320M Loan For NYC Office Conversion

    An affiliate of Bushburg received a $320 million construction loan for an office-to-residential conversion in New York City's Financial District, in a deal guided by Gibson Dunn & Crutcher LLP, per county property records.

  • August 01, 2025

    Land Claimant Urges No New Trial In $30M Cuba Resort Case

    The claimed owners of the Cuban barrier island Cayo Coco urged a Florida federal judge Thursday to deny a new trial to Expedia Group, Orbitz and Hotels.com after a jury awarded $29.85 million on findings that the booking sites engaged in prohibited trafficking by taking reservations for resorts on land seized by Fidel Castro's government.

  • August 01, 2025

    FAA Greenlights 820-Foot Tower In Sunny Isles, Fl.

    The Federal Aviation Administration determined that construction of a new, 820-foot tower along the beachfront in Sunny Isles, Florida, will not impede nearby air navigation.

  • August 01, 2025

    Normal Wear Is On Landlord's Dime, Not Renters', Court Says

    Massachusetts' highest court on Friday concluded that landlords cannot ding a tenant's security deposit for normal wear and tear like scuffs on walls, nor can they force a tenant to pay for professional cleanings during a moveout.

  • August 01, 2025

    Texas Bill Seeks Permanent Limit For Property Tax Increases

    Texas would establish a permanent cap on increases in the appraised value of real property other than residence homesteads for property tax purposes if voters approve a proposed constitutional amendment authorizing the cap, as part of legislation filed in the state House of Representatives.

  • August 01, 2025

    Ex-Partner Of Seiden & Schein Says Firm Is Scapegoating Him

    A former shareholder and director of the dissolved New York City real estate law firm Seiden & Schein PC hit back at its $25 million suit accusing him of poaching clients and employees and stealing confidential information, claiming in New York state court that the case is a "calculated" attempt to "smear" him and make him a "scapegoat."

  • August 01, 2025

    Firms Say Lien Discharge Row Was Not Vexatious Litigation

    The law firms Neubert Pepe & Monteith PC and Cuddy & Feder LLP told a Connecticut state court they should not have to face a lawsuit from a couple who claim they misused the judicial system to delay payouts from a property owner, arguing that the complaint does not sufficiently allege they engaged in vexatious litigation.

  • August 01, 2025

    Developer Group Wants Pittsburgh Inclusionary Zoning On Ice

    A Pittsburgh trade group has asked a Pennsylvania federal court to temporarily bar enforcement of a zoning ordinance mandating that large multifamily developments include affordable units, after the city's planning department demanded that a member comply with the ordinance.

Expert Analysis

  • 2nd Circ. Eminent Domain Ruling Empowers Municipalities

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    The Second Circuit's recent decision in Brinkmann v. Town of Southold, finding that a pretextual taking does not violate the Fifth Amendment's takings clause, gives municipalities a powerful tool with which to block unwanted development projects, even in bad faith, say James O'Connor and Benjamin Sugarman at Phillips Lytle.

  • SEC Should Be Allowed To Equip Investors With Climate Info

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    The U.S. Securities and Exchange Commission's new rule to require more climate-related disclosures will provide investors with much-needed clarity, despite opponents' attempts to challenge the rule with misused legal arguments, say Sarah Goetz at Democracy Forward and Cynthia Hanawalt at Columbia University’s Sabin Center for Climate Change.

  • 8 Fla. Statutes That Construction Cos. Should Prepare For

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    In this article, Jason Lambert at Hill Ward discusses a number of recent bills out of the Florida Legislature targeting construction companies in the Sunshine State that have been sent to the governor for signature, at least some of which will have broad impacts that affected companies should prepare for ahead of the July 1 effective date.

  • Time To Fix NYC's Broken Property Assessment System

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    A New York appellate court's decision to revive Tax Equity Now New York v. City of New York may force the city to revamp its outdated and unfair real estate tax assessment system, which could be fixed with a couple of simple changes, says Seth Feldman at Romer Debbas.

  • Understanding The IRC's Excessive Refund Claim Penalty

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    Taxpayers considering protective refund claims pending resolution of major questions in tax cases like Moore v. U.S., which is pending before the U.S. Supreme Court, should understand how doing so may also leave them vulnerable to an excessive refund claim penalty under Internal Revenue Code Section 6676, say attorneys at McDermott.

  • Bankruptcy Ruling Shifts Lease Rejection Claim Calculation

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    A New York federal court’s recent ruling in In re: Cortlandt provides guidance on how to calculate a landlord's damages claim when a bankruptcy debtor rejects a lease, changing from an approach that considers the remaining rent due under the lease to one that considers the remaining time, say Bethany Simmons and Noah Weingarten at Loeb & Loeb.

  • Do Not Overstate Fla. Condo Termination Ruling's Impact

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    A close look at the unique language at issue in Avila v. Biscayne, in which a Florida appellate court deemed a condo termination to be invalid, shows that the case is unlikely to significantly affect other potential terminations, say Barry Lapides and Edward Baker at Berger Singerman.

  • Takeaways From FDIC's Spring Supervisory Highlights

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    The Federal Deposit Insurance Corp.'s spring 2024 consumer compliance supervisory report found that relatively few institutions had significant consumer compliance issues last year, but the common thread among those that did were inadequacies or failures in disclosures to consumers, says Matthew Hanaghan at Nutter.

  • What Calif. Eviction Ruling Means For Defaulting Borrowers

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    A California appellate court's recent decision in Homeward Opportunities v. Taptelis found that a defaulting borrower could not delay foreclosure with an improperly served notice of pendency of action, but leaves open a possibility for borrowers to delay eviction proceedings merely by filing lawsuits, say Anne Beehler and Krystal Anderson at Holland & Knight.

  • How 3D Printing And Prefab Are Changing Construction

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    The growing popularity of trends like 3D printing technology and prefabrication in the construction industry have positive ramifications ranging from reducing risks at project sites to streamlining construction schedules, say Josephine Bahn and Jeffery Mullen at Cozen O'Connor.

  • Wave Of Final Rules Reflects Race Against CRA Deadline

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    The flurry of final rules now leaping off the Federal Register press — some of which will affect entire industries and millions of Americans — shows President Joe Biden's determination to protect his regulatory legacy from reversal by the next Congress, given the impending statutory look-back period under the Congressional Review Act, say attorneys at Jenner & Block.

  • A Deep Dive Into High Court's Permit Fee Ruling

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    David Robinson and Daniel Golub at Holland & Knight explore the U.S. Supreme Court's recent ruling that a local traffic impact fee charged to a California property owner may be a Fifth Amendment taking — and where it leaves localities and real estate developers.

  • The Case For Overturning Florida Foreclosure Ruling

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    A Florida appellate court's recent decision in Desbrunes v. U.S. Bank National Association will potentially put foreclosure cases across the state in jeopardy, and unless it is reconsidered, foreclosing plaintiffs will need to choose between frustrating and uncertain options in the new legal landscape, say Sara Accardi and Paige Knight at Bradley.