Residential
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September 11, 2025
Nationwide, Travelers Settle 'Hot Tub Lung' Coverage Dispute
Nationwide and Travelers told a California federal judge they have reached a settlement in a lawsuit over coverage for a condominium association facing claims from a resident alleging he needed a double lung transplant due to contaminants from a hot tub and pool.
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September 11, 2025
Texas Justices Wary Of Letting Developers Out Of $75M Bond
Texas Supreme Court justices seemed hesitant Thursday to buy an argument from Greystar Development & Construction LP that it and other defendants on the hook for a $406 million judgment only need to collectively pay a $25 million bond for their appeal, saying the statute seemingly compels each individual defendant to pony up.
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September 11, 2025
Holland & Knight Taps New RE Capital Markets Group Leader
Holland & Knight has named partner Keith Brandofino to step in as leader of the firm's real estate capital markets group, replacing co-leads Mark Weibel and Bill O'Connor, the firm confirmed Sept. 11.
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September 11, 2025
2 Firms Guide $485M Financing For Green NYC Tower
Federman Steifman LLP and Greenberg Traurig LLP advised on $485 million in financing for Alloy Development from Kayne Anderson and the Vistria Group, earmarked for the construction of a second tower in a mixed-use project that will span a full New York City block.
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September 11, 2025
Barnes & Thornburg Hires Real Estate Legal Project Managers
Barnes & Thornburg LLP has announced it hired two former land use planners for Delaware's New Castle County as real estate legal project managers for the firm's real estate department in its Wilmington office.
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September 11, 2025
Meet The Attys In Del. Appeal Of Gellert Seitz Malpractice Suit
Attorneys from Ippoliti Law Group and Marshall Dennehey PC who have experience handling other malpractice fights will make their arguments to Delaware's Supreme Court next week in a bid to revive a homebuilder's legal malpractice case against Gellert Seitz Busenkell & Brown LLC.
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September 11, 2025
DC Housing Conversion Lands $53M Financing
Lionheart Strategic Management said Thursday that it joined Schroders Capital and Maryland-based Forbright Bank to provide $53 million to a joint venture pursuing a residential conversion of a Washington, D.C., office building.
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September 11, 2025
2nd Circ. Axes Hotel's Appeal After Town Drops Zoning Suit
The Second Circuit tossed a hotel's appeal bid for a district court order that remanded a New York town's zoning suit concerning asylum seekers staying at the hotel, ruling Thursday that it will also vacate the remand order because the town permanently dropped its suit against the hotel.
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September 10, 2025
Downtown Fort Lauderdale's Growth Spurs Economic Boom
The recent influx of residents to downtown Fort Lauderdale has translated into gains on the commercial side, as a new report shows how the South Florida city is becoming a leading driver in the region's economy and is outperforming broader trends.
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September 10, 2025
Fla. Judge Chides Attys Over Discovery In High-Rise Ch. 11
A Florida federal judge on Wednesday chided attorneys over discovery deadlines in a Chapter 11 bankruptcy case involving a downtown Miami high-rise development, setting an October deadline to produce documents after requests weren't fulfilled on time.
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September 10, 2025
Airbnb Presses Bid To Toss Conservative Shareholders' Suit
Airbnb Inc. is urging a Delaware federal judge to reject a lawsuit from two conservative institutional shareholders, arguing that delivery of the groups' shareholder proposals to the company's mail room doesn't suggest executives sought to exclude the submissions from the company's 2025 proxy materials.
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September 10, 2025
Housing Org. Says Texas Law Wrongfully Nixed Tax Breaks
A Texas affordable housing coalition and a property owner are suing the Bexar Appraisal District over a state law passed in May that allegedly violates the state constitution because it upended an older state law that rewarded affordable housing development with a property tax exemption.
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September 10, 2025
NIST Links Start Of Surfside Towers Collapse To Pool Deck
The National Institute of Standards and Technology's ongoing investigation into the 2021 partial collapse of the Champlain Towers South in Surfside, Florida, shows the collapse likely began in the 12-story residential building's pool deck, rather than in the main tower structure.
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September 10, 2025
As CMBS Distress Spikes, Attorneys See More On Horizon
Indicators of distress for commercial mortgage-backed securities have now blown past levels seen in the sector during the Great Recession, pitting borrowers against lenders as $150.9 billion in such loans mature this year.
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September 10, 2025
Conn. Firm Escapes Claims Over Alleged Payout Delays
A couple who alleged that two law firms misused the legal system by delaying payouts from a property owner they represented has dropped claims against Neubert Pepe & Monteith PC without explanation.
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September 10, 2025
HomeServices, Douglas Elliman Fight Renewed Fee Claims
HomeServices of America and Douglas Elliman have urged a Florida federal court to toss a case from homebuyers targeting real estate commission rules, arguing that the latest version of the complaint adds 100 pages of allegations but still fails to fix the problems, the court found.
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September 10, 2025
Trump To Take Fed Gov. Cook's Removal Case To DC Circ.
President Donald Trump on Wednesday told a Washington, D.C., federal judge that the government will appeal the judge's decision granting a temporary win to Federal Reserve Gov. Lisa Cook in her challenge to the president's attempt to remove her from her position.
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September 10, 2025
Fla. Court Backs Win For Late Argentine Soccer Star's Ex-Wife
A Florida appellate court on Wednesday mostly sided with the ex-wife of deceased Argentine soccer legend Diego Maradona against estate claims, originally brought by the star himself, over allegedly fraudulent, hidden real estate purchases.
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September 10, 2025
Real Estate Fundraising Shows Signs Of A Turnaround
Real estate funds are on track to raise more capital in 2025 than they did in 2024 if the current pace of fundraising continues, though the spell of sluggishness that has afflicted the industry may not be over yet, according to a Pitchbook report on global private market fundraising.
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September 10, 2025
Kirkland-Led Milestone Raises $1.1B For Multifamily Deals
The Milestone Group, advised by Kirkland & Ellis LLP, said Wednesday that it accrued $1.1 billion in its latest fund raise for investing in suburban multifamily communities, surpassing the equity vehicle's predecessor and hitting its hard cap.
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September 10, 2025
$7M Ida Damage Case Settles Amid 5th Circ. Arbitration Fight
A New Orleans property owner and its insurers have resolved a dispute over coverage for a $7 million Hurricane Ida damage claim, amid a fight over whether the matter belonged in arbitration, the parties told the Fifth Circuit.
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September 10, 2025
K&L Gates Guides $1B Special Situations Fund
Guided by K&L Gates LLP, Cottonwood Group raised $1 billion for its opportunistic real estate fund, doubling the private equity real estate investment firm's original $500 million target, according to the law firm's Tuesday statement.
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September 10, 2025
Calif. Land Use Atty Weighs Wildfire Impact On Development
On top of California's usual late summer wildfires, this year the state is still healing from January's devastating blazes in the Los Angeles area. Venable partner Ellia Thompson shares how these disasters are influencing development and what steps lawyers, government and developers may want to consider.
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September 09, 2025
Investor Tells Texas Justices UDF Claims Aren't Derivative
The Texas Supreme Court on Tuesday pressed an alternative investment firm to explain how its suit against an adviser to a fund at the center of a $100 million, decadelong Ponzi scheme would not be classified as a derivative action, asking what distinct injury allows the firm to sue individually.
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September 09, 2025
Private Fund Adviser To Pay $9.7M To End SEC Suit
The U.S. Securities and Exchange Commission announced on Tuesday that a real estate-focused Colorado private fund adviser and his two management firms would pay $9.7 million to settle claims of defrauding investors with misrepresentations, which include concealing conflicts of interests in proposed buyout transaction requests he sent to investors.
Expert Analysis
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How 2025 Is Shaping The Future Of Bank Mergers So Far
Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.
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Why NY May Want To Reconsider Its LLC Transparency Law
Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.
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Dewberry Ruling Is A Wakeup Call For Trademark Owners
The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.
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California Climate Lawsuit Bill Is Constitutionally Flawed
A bill in the California Legislature that would let victims of climate-related disasters like the Los Angeles wildfires sue oil and gas producers for spreading misinformation about climate change is too vague, retroactive and focused on one industry to survive constitutional scrutiny, says Kyla Christoffersen Powell at the Civil Justice Association of California.
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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.