Residential
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September 24, 2025
Walker & Dunlop Lines Up $110M Multifamily Refi Loans
Walker & Dunlop Inc. lined up floating-rate, interest-only bridge loans worth $110 million to refinance two "luxury, multifamily garden-style" apartment complexes in Durham, North Carolina, and Windsor, Colorado, the commercial real estate finance and advisory firm announced Wednesday.
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September 24, 2025
Minn. Court Says Landlords Waive Evictions By Taking Rent
The Minnesota Supreme Court said Wednesday that landlords in the state can't evict public or private housing tenants for breaching their leases if the landlords knew about the specific lease violations when they accepted the tenants' rent payments, ruling against a Minneapolis property owner that had filed an eviction suit against a tenant.
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September 24, 2025
Ill. Judge Sends $7.6M DOJ Deal Coverage Dispute To Virginia
A consulting firm must litigate its suit seeking coverage for a $7.6 million settlement with the U.S. Department of Justice in Virginia, where it is based, an Illinois federal court ruled, finding that Virginia is the more convenient forum and the better place to apply state law.
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September 24, 2025
Md. County Backs Landowners In 4th Circ. Power Line Dispute
A county board of commissioners in Maryland told the Fourth Circuit that a Public Service Energy Group unit trying to build a 67-mile transmission line has no right to conduct testing on private landowners' properties, saying a lower court erred in granting the company access.
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September 24, 2025
NYC Housing Bribe Case Winding Down As Another Trial Set
A Manhattan federal judge on Wednesday teed up a trial for a Bronx assistant public housing superintendent accused of taking $14,000 in bribes, as an anti-corruption sweep targeting 70 workers at the New York City Housing Authority inched toward an end.
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September 24, 2025
AvalonBay Can't Duck DC's RealPage Claims
A District of Columbia Superior Court judge has rejected landlord AvalonBay Communities Inc.'s bid to escape D.C.'s rent-fixing antitrust suit against property management software company RealPage Inc., AvalonBay and several landlords.
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September 24, 2025
Marsh US Real Estate Leader On Insurance Landscape
Commercial real estate companies, squeezed by higher interest rates in recent years, have also seen a dramatic increase in insurance premiums. Duncan C. Ellis, who leads Marsh's U.S. and Canada real estate and hospitality practice, spoke to Law360 Real Estate Authority about what's behind the trends in commercial real estate insurance.
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September 24, 2025
Lender Must Face Class Claims It Ignored 'Do Not Call' Asks
A mortgage lender must face class allegations that it called people without their consent to market its loan products and continued to call people who asked it to stop, a Michigan federal judge has ruled, rejecting the lender's arguments that the proposed class is too vague.
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September 24, 2025
Ohio House Bill Seeks Approval Rule For Some Property Tax
Ohio would require some political subdivisions to obtain approval from their member governing bodies before imposing property tax above a statutory limit under a bill introduced in the state House of Representatives.
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September 23, 2025
Centerspace Sells Five Minn. Properties For $124M
Centerspace sold off five St. Cloud, Minnesota, apartment communities that have 832 homes combined for $124 million, the company announced Tuesday.
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September 23, 2025
Invictus, Moore Capital Partner On Resi Mortgage Investments
Invictus Capital Partners and Moore Capital Management LP will team up for a deal that involves a Moore Capital private asset-backed finance platform providing up to $500 million for "newly originated residential mortgage loans,"Â according to a Tuesday announcement.
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September 23, 2025
Cleary Guides $138M Loan For Queens Multifamily Build
Cleary Gottlieb Steen & Hamilton LLP advised on a $138 million loan for a recently completed Queens multifamily property developed by real estate firms Cantor Fitzgerald and Silverstein Properties, according to documents made public Tuesday.
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September 23, 2025
Law Firms Sued Over La. Hurricane Claim Fee Scheme
Two law firms and certain attorneys engaged in a scheme to "grossly and blatantly" inflate damages estimates for hurricane-related property insurance claims in order to "collect an exorbitant fee which they would all share," a group of seven Louisiana residents told a Louisiana federal court.
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September 23, 2025
1st Circ. Won't Let Citizens Bank Escape Escrow Interest Suit
The First Circuit has revived a proposed class action accusing Citizens Bank of violating Rhode Island law by not making interest payments for mortgage escrow accounts, ruling the action must be reinstated in part because of a U.S. Supreme Court decision handed down after the case was dismissed.
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September 23, 2025
Airbnb Fights $10.5M Colorado Tax Bill On Guest Fees
The guest fee charged by Airbnb on rentals in Colorado is not subject to state and local sales taxes, the company told a state court, seeking to overturn a $10.5 million assessment by the state Department of Revenue.
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September 23, 2025
Insurer Says REIT Won't Return Overpayment For Fire Damage
A commercial real estate insurance provider sued an affiliate of Revere Capital Corp. in Mississippi federal court, alleging the policyholder was overpaid for fire damage at an apartment complex and has refused to return the overpayment.
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September 22, 2025
Homeowners Want Allstate Denied Exit In 'Dead' Expert Case
A couple is fighting to continue their homeowner water damage coverage claims in Texas federal court against Allstate, in a case brought by a Houston lawyer accused of presenting testimony from a dead expert witness in the case.
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September 22, 2025
Zillow Accused Of Jacking Up Costs Via Hidden Agent Fees
A proposed class of homebuyers is claiming that real estate search platform Zillow uses its market dominance to illegally increase purchase prices nationwide, particularly via steep agent fees that are never disclosed to buyers or sellers, according to a suit filed Friday in Washington federal court.
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September 22, 2025
EB-5 Industry Leaders Ponder Path To Long-Term Future
While the 35-year-old EB-5 investment visa program has been enjoying arguably its strongest period, following recent reforms, the program's fate came up frequently during the Advanced EB-5 Industry Conference last week in Miami — and that was before President Donald Trump signed an order to roll out his own "gold card" investment visa program late Friday.
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September 22, 2025
HUD Attys Say Trump Is Undermining Fair Housing Work
A group of U.S. Department of Housing and Urban Development attorneys claimed in a lawsuit Monday that the Trump administration is deliberately undermining the federal government's enforcement of fair housing laws.
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September 22, 2025
Catching Up With Delaware's Chancery Court
Last week, Match.com secured approval for a $30M settlement over its 2019 reverse spinoff from IAC, and Vice Chancellor Morgan T. Zurn urged decorum among Delaware lawyers, comparing recent legal turmoil to dark times in British monarchy history. Here's the latest from the Chancery Court.
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September 22, 2025
2 More NYC Casino Proposals Fold
The last remaining proposal for a casino in Manhattan has failed to obtain a full gaming license in New York City, and, ahead of a vote, local elected officials have also ruled out a Coney Island casino plan.
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September 22, 2025
Summer 2025: Hottest Buyer's Market In More Than A Decade
This past summer was the strongest buyer's market in more than a decade, with Florida and Texas showing the most strength, according to a Monday report from residential brokerage firm Redfin.
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September 22, 2025
Rosenberg & Estis Adds Attys To Commercial Litigation Team
Rosenberg & Estis PC has hired a former Ford O'Brien Landy LLP partner as a member and an ex-Milbank LLP associate as counsel for its general commercial litigation team in New York City, the firm announced.
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September 22, 2025
Greenberg Traurig Financial Atty Joins McGlinchey Stafford
McGlinchey Stafford PLLC announced that an experienced consumer finance attorney with in-house experience has joined the firm's Fort Lauderdale, Florida, office from Greenberg Traurig LLP.
Expert Analysis
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Fla. Condo Law Fix Clarifies Control Of Common Areas
Florida's repeal of a controversial statutory provision that permitted developers of mixed-use condominium properties to retroactively assert control over common facilities marks a critical shift in legal protections for unit owners and associations, promoting fairness, transparency and accountability, say attorneys at Pardo Jackson.
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EDNY Ruling May Limit Some FARA Conspiracy Charges
Though the Eastern District of New York’s recent U.S. v. Sun decision upheld Foreign Agents Registration Act charges against a former aide to New York Gov. Kathy Hochul, its recognition of an affirmative legislative policy to exempt some officials may help defendants charged with related conspiracies, say attorneys at ArentFox Schiff.
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Shifting DEI Expectations Put Banks In Legal Crosshairs
The Trump administration's rollbacks on DEI-friendly policies create something of a regulatory catch-22 for banks, wherein strict compliance would contradict established statutory and administrative mandates regarding access to credit for disadvantaged communities, say attorneys at Husch Blackwell.
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The State Of Play In Copyright Protection For Floor Plans
With questions over copyright protections for floor plans potentially teed up in front of the U.S. Supreme Court, attorneys in the real estate industry should take steps to clarify and strengthen clients' rights and reduce the risk of litigation, says Dylan I. Scher at Quinn Emanuel.
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Florida Case Could Redefine Construction Defect Damages
If a Florida appellate court overturns the trial court in a pending construction contract dispute, the state could experience a seismic shift in construction defect damages, effectively leaving homeowners and developers with an incomplete remedy, says Andrew Gold at Akerman.
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Texas Bill Could Still Boost Property Rights In Gov't Disputes
The passage of a bill in Texas that would provide litigants with access to a greater swath of judicial remedies in immunity disputes with government entities and officials would be an invaluable boon for property rights, says Nathan Vrazel at Munsch Hardt.
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Va.'s Altered Surcharge Law Poses Constitutional Questions
Virginia's recently amended consumer protection law requiring sellers to display the total price rather than expressly prohibiting surcharges follows New York's recent revision of its antisurcharge statute and may raise similar First Amendment questions, says attorneys at Stinson.
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Ore. High Court Ruling Widens Construction Defect Coverage
A recent Oregon Supreme Court decision, Twigg v. Admiral Insurance, dispels the myth that a contractor's liability for defective work is uninsurable if pursued as a breach of contract, say attorneys at Stoel Rives.
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Spoliation Of Evidence Is A Risky And Shortsighted Strategy
Destroying self-incriminating evidence to avoid a large judgment may seem like an attractive option to some defendants, but it is a shortsighted strategy that affords the nonspoliating party potentially case-terminating remedies, and support for a direct assault on the spoliator’s credibility, say attorneys at Mandelbaum Barrett.
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In 2nd Place, Va. 'Rocket Docket' Remains Old Reliable
The U.S. District Court for the Eastern District of Virginia was again one of the fastest civil trial courts in the nation last year, and an interview with the court’s newest judge provides insights into why it continues to soar, says Robert Tata at Hunton.
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Operating Via Bank Charter Offers Perks Amid Industry Shift
As bank regulators become more receptive to streamlining barriers that have historically stood in the way of de novo bank formation, and as fintechs show more interest in chartering, attorneys at Goodwin outline the types of charters available and their benefits.
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ÃÛÌÒÊÓÆµ Industry Impact Uncertain Amid Priority Shift, Staff Cuts
A recent enforcement memo outlines how the Consumer Financial Protection Bureau's regulatory agenda diverges from that of the previous administration, but, given the bureau's planned reduction in force, it is uncertain whether the agency will be able to enforce these new priorities, say attorneys at Troutman Pepper.
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Opportunity Zone Revamp Could Improve The Program
If adopted, the budget bill's new iteration of the opportunity zone program could renew, refine and enhance the effectiveness and accountability of the original program by including structural reforms, expanded eligibility rules and incentives for rural investment, say attorneys at Pillsbury.