Residential
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September 09, 2025
Voters To Decide On Proposals To Shift NYC Land Use Power
The New York City Board of Elections on Tuesday voted to allow a number of housing-related questions to be on the ballot in November, over objections by the New York City Council.
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September 09, 2025
Real Estate Lawyers On The Move
Shartsis Friese, Bryan Cave and Addleshaw Goddard are among the law firms that have made recent real estate or construction hires.
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September 09, 2025
Contractors Settle Hartford Apartment Construction Suit
A subcontractor and general contractor litigating federal claims over a Hartford, Connecticut, apartment construction project have reached a settlement in the case ahead of a trial, following a conference Monday.
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September 09, 2025
Execs Hit With 'Drastic' Sanctions In RE Platform Dispute
A New York state court has sanctioned two directors of Fang Holdings Ltd. and their affiliates for "flagrant and blatant disregard" of discovery orders amid a shareholder derivative suit accusing them of manipulating the Chinese real estate portal to enrich themselves.
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September 09, 2025
Sotheby's Executive Returns To Gunster In Florida
A former vice president and brokerage manager for Sotheby's International Realty has rejoined her former law firm Gunster in Florida to continue her practice representing high-net-worth individuals, developers and investors in residential and commercial real estate transactions.
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September 09, 2025
Manulife, TruAmerica Launch $1B Affordable Housing JV
Manulife Investment Management said Tuesday that it is partnering with Los Angeles investor TruAmerica Multifamily on a $1 billion joint venture to acquire income-restricted housing backed by low-income housing tax credits.
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September 08, 2025
Universities Put To The Test In 6 Higher Ed Property Conflicts
New York University's challenge to a recent rezoning, Chapter 11 proceedings for a student housing owner serving the University of California, and an Illinois university's refusal to hand over property to a local municipality are among the cases vexing higher education parties and their partners.
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September 08, 2025
Walker & Dunlop Lines Up $68M Skilled Nursing Loans Deal
Walker & Dunlop Inc. arranged more than $68 million worth of refinancing loans, which are insured by the U.S. Department of Housing and Urban Development, for seven skilled nursing properties in Illinois and Wisconsin, the commercial real estate financing company announced Monday.
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September 08, 2025
No Mulligans: Budget Woes Close More University Links
The University of Minnesota is the latest higher education institution to announce a golf course sale or closure as colleges and universities increasingly look to realize proceeds from underused assets amid mounting financial pressures and dwindling enrollments.
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September 08, 2025
Blackstone REIT Says AI Co. Ignored Tech Development Deal
A real estate investment trust owned by Blackstone has sued an artificial intelligence company in Colorado state court, accusing it of failing to deliver on a contract to help build a virtual AI assistant.
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September 08, 2025
Douglas Emmett Nabs $941M Refi For 8 Resi Properties
Douglas Emmett Inc. announced on Monday that the real estate investment trust secured a $941 million refinancing for eight residential properties and repaid existing debt on a 376-unit Los Angeles apartment community.
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September 08, 2025
NYC Real Estate Week In Review
Frenkel Hershkowitz, Belkin Burden and Miller Leiby are among the law firms that helped with the largest New York City real estate deals that became public last week, with a $105 million Manhattan matter topping the list.
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September 08, 2025
New Orleans' Short-Term Rental Crackdown Largely Upheld
A Louisiana federal judge mostly sided with New Orleans in a lawsuit filed by Airbnb Inc. and multiple property owners challenging the city's 2023 and 2024 short-term rental restrictions, tossing most of the plaintiffs' 11-count suit.
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September 08, 2025
Pa. Bill Aims To Stop Reassessments For Small Improvements
Pennsylvania would allow small property improvements without the trigger of a reassessment under a bill introduced in the state Senate.
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September 05, 2025
Court Rules Miami Can Pursue Suit Over County Transit Zones
Friction between the city of Miami and Miami-Dade County over the county's recent expansion of a preemptive zoning incentive program does not appear likely to lessen soon, as a state judge decided Friday that the city can proceed with a lawsuit.
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September 05, 2025
NJ Court Won't Push Affordable Housing Project Through
A New Jersey state appeals court affirmed Friday that a developer can't bypass a municipality's zoning rules and obtain approvals for an affordable housing project, even though the development is part of the municipality's plan to meet its affordable housing obligations.
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September 05, 2025
Asset Manager Settles REIT Contract Breach Suit For $375M
Alternative asset management company Pine River Capital Management LP has agreed to settle its breach of contract and trade secrets lawsuit in New York federal court against residential mortgage-focused real estate investment trust Two Harbors Investment Corp. for $375 million, the REIT has announced.
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September 05, 2025
Mo. House Resolution Seeks Vote On Narrowed Property Tax
Missouri would ask voters to decide if the state should amend its constitution to designate real property as the only property classified for property tax purposes under a joint resolution filed in the state House of Representatives and submitted to a special legislative committee Friday.
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September 05, 2025
Fla. Judge Sets Aside $30M Helms-Burton Verdict
A Florida federal judge on Friday set aside a $29.85 million verdict against Expedia, Orbitz and Hotels.com over Helms-Burton Act violations, finding that the entities stopped trafficking in properties confiscated by the Cuban government once they learned of a potential claim by an heir.
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September 05, 2025
NY AG Settles Lead Paint Suit With Buffalo Landlord
New York's attorney general, Erie County and the city of Buffalo have reached a proposed settlement with a Buffalo landlord and other parties who were accused of failing to deal with hazardous lead paint in multiple rental properties, according to a proposed consent order and judgment filed Friday.
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September 05, 2025
Atty Can't Duck ID Theft Conviction Over High Court Ruling
A 2023 U.S. Supreme Court ruling narrowing the definition of aggravated identity theft may not be used to vacate a former attorney's prison sentence for a mortgage fraud scheme, a Massachusetts federal judge ruled Thursday, denying a request to throw out his plea deal and order a new trial.
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September 05, 2025
Real Estate Atty Joins Burr & Forman From Morris Manning
Burr & Forman LLP has announced that an experienced real estate attorney has come aboard the firm's Atlanta office as a partner after over two decades with Morris Manning & Martin LLP, which is set to merge with Taft Stettinius & Hollister LLP at the end of the year.
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September 05, 2025
Property Management Co. Hit With Disability Bias Suit In NC
Georgia-based property manager FirstKey Homes faces claims in North Carolina federal court from a former employee who claims the company forced her to notify other employees they were being fired along with other unwanted tasks in retaliation for her disability-related work-from-home requests.
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September 05, 2025
Greenberg Traurig Guides Student Housing Co.'s US Growth
Student housing provider Yugo has acquired student housing property manager and real estate investment manager Campus Advantage in a deal guided by Greenberg Traurig LLP, Yugo announced this week.
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September 04, 2025
Colo. Developer Says Wash. Atty Botched Bankruptcy Case
A Colorado company has hit a law firm and one of its former bankruptcy attorneys with a legal malpractice suit in Washington federal court, alleging that the defendants' "negligence" caused the business to lose properties worth more than $5 million in its Chapter 11 case.
Expert Analysis
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The Current And Future State Of Bank-Fintech Partnerships
Though the Consumer Financial Protection Bureau under President Donald Trump seems likely to cultivate an environment friendlier to the financial services industry, bank-fintech partnerships should stay devoted to proactive compliance and be ready to adapt to regulatory shifts that may intensify scrutiny from enforcers, say attorneys at Greenberg Traurig.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Navigating Mortgage Insurance Provisions After LA Fires
As homeowners affected by the Los Angeles wildfires consider rebuilding, mortgage lenders and servicers must negotiate the complex intersection between the standard deed of trust and property insurance, says Heather Wright at Buchalter.
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Class Actions At The Circuit Courts: February Lessons
In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses five federal appellate court class certification decisions and identifies practice tips from cases involving breach of life insurance contracts, constitutional violations of inmates and more.
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Year Of The Snake Will Shake Up RE And Mortgage Finance
The year ahead may bring profound transformation and opportunities for growth in the real estate and mortgage finance sectors, with significant issues including policy battles and questions surrounding the future of Fannie Mae and Freddie Mac, says Marty Green at Polunsky Beitel.
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How Southern Calif. Fires Can Affect National, Local Pricing
The fire-related California state of emergency declared last month in Los Angeles and Ventura counties triggered laws around price-gouging and pricing restrictions that affect not just individuals and businesses in the state, but also nationwide, meaning sellers should be mindful of how price changes are discussed and rolled out, say attorneys at Proskauer.
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Ƶ Small Biz Study Brings Fair Lending Considerations
The Consumer Financial Protection Bureau's recent report highlighting potential racial discrimination in small business lending may not result in more aggressive enforcement under the Trump administration — but lenders can expect state regulators, private plaintiffs and advocacy groups to step up their own efforts, say attorneys at Husch Blackwell.
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Expect To Feel Aftershocks Of Chopra's Ƶ Shake-Up
Publications released by Consumer Financial Protection Bureau personnel in the last days of the Biden administration outline former Director Rohit Chopra's long-term vision for aggressive state-level enforcement of federal consumer financial laws, opening the doors for states to launch investigations and pursue actions, say attorneys at Hudson Cook.
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Corp. Transparency Act's Future Under Treasury's Bessent
The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.
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Nippon Order Tests Gov't Control Over Foreign Investments
The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden’s January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government’s microscope, say attorneys at Blank Rome.
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A Look At A Possible Corporate Transparency Act Exemption
Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.
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Emphasize Social Spaces During RE Project Public Review
As Boston continues to work through revisions to its public review process for real estate projects, developers attempting to balance impact mitigation and community improvements may benefit from emphasizing the ways in which development plans can facilitate open social exchange, says David Linhart at Goulston & Storrs.
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Complying With Calif. Price-Gouging Law After LA Fires
The recent tragic Los Angeles fires have brought attention to the state's sometimes controversial price-gouging protections, and every California business should keep the law's requirements in mind, despite the debate over whether these statutes help consumers, say attorneys at Cooley.