Residential

  • May 29, 2025

    NY Landlord LLC Transparency Bill Advances

    The New York State Senate passed a bill Wednesday to require landlords of rent-stabilized properties to disclose members of their limited liability companies.

  • May 29, 2025

    Real Estate CFO, Mogul's Daughter Dodge Two Trustee Claims

    The chief financial officer of bankrupt construction services company Gateway Development Group Inc. and the daughter of the company's chair have escaped a Chapter 7 trustee's claims that they helped the chair breach his fiduciary duties, with a judge ruling the claims aren't recognized under Connecticut law.

  • May 29, 2025

    Colo. Builder Slams 'Unconstitutional' Affordable Housing Fees

    The city of Denver is unconstitutionally forcing homebuilders to contribute to an affordable housing fund before they can obtain development permits, a local developer said in a suit filed in Colorado federal court on Thursday.

  • May 29, 2025

    8th Circ. Says Gov'ts Can't Give Up Eminent Domain Powers

    An Eighth Circuit panel vacated an injunction barring a North Dakota county from taking private property it said was needed to build a bridge over the Little Missouri River, although the parties had already settled their claims in April.

  • May 29, 2025

    Home Appraisers' Overtime Suit Moves From NY To Ill.

    A lawsuit accusing an Arizona-based home appraisal company of failing to pay real estate staff appraisers overtime will move to Illinois, after a New York federal judge agreed with a magistrate judge's recommendations that the case needed to move to where the key witnesses are.

  • May 29, 2025

    11th Circ. Won't Revive Antitrust Claims Against Suns Owner

    The Eleventh Circuit isn't going to touch a lower court order that tossed an antitrust case against the owner of the NBA's Phoenix Suns and his company, United Wholesale Mortgage LLC, over an alleged boycott.

  • May 29, 2025

    Ore. Extends Tax Breaks For Affordable Housing Development

    Oregon will delay the expiration of three property tax breaks intended to help the development of affordable housing under legislation signed by Democratic Gov. Tina Kotek.

  • May 29, 2025

    Texas Bars Some Property Tax Hikes Above Voter-OK'd Rates

    Texas will prohibit school districts from adopting property tax rates above voter-approved thresholds in response to a natural disaster if voters previously rejected a similar proposed rate increase, under a bill signed by Gov. Greg Abbott.

  • May 29, 2025

    Montgomery McCracken Wins $680K Fees From Ch. 11 Client

    A group of property development companies that Montgomery McCracken Walker & Rhoads LLP represented through years of bankruptcy reorganization still owe the firm $680,000, a Pennsylvania federal judge ruled Wednesday.

  • May 29, 2025

    Developer Sells Miami Office Tower Project Site For $211.5M

    Developer and property manager Swire Properties has sold a project development site for a planned Miami office tower to Melo Group for $211.5 million, a representative for commercial real estate firm CBRE told Law360 on Thursday.

  • May 29, 2025

    Home Loan Co. Accused Of Failing To Pay Overtime

    A lending company required loan processors to put in about 80 hours of work during some weeks but did not pay them overtime wages for the extra time, a worker said in a proposed collective action filed in Arizona federal court.

  • May 28, 2025

    Multivista Aims To Takes Guesswork Out Of Construction

    In a recent interview with Law360 Real Estate Authority, the owner of a franchise of proptech company Multivista explained how cataloged insights into the building process can help prevent mistakes or down the road serve as valuable evidence in the event of a dispute or warranty claim.

  • May 28, 2025

    FBI Misled Court In Russia Sanctions Probe, Judge Rules

    Federal prosecutors cannot use certain evidence to prove charges that a Russian bank executive dodged sanctions because an FBI agent "recklessly omitted material facts" from the related warrant application, a New York federal judge ruled.

  • May 28, 2025

    Stay Won't Be Lifted On Claims Over $93M Real Estate Fraud

    Victims of a $93 million Miami real estate development scheme won't be able to pursue their claims — at least for now — against the company's former CEO after a Florida federal judge on Wednesday denied their request to lift a stay on litigation during a U.S. Securities and Exchange Commission receivership.

  • May 28, 2025

    NJ County To Put $240B In Land Records On Blockchain

    Land record management company Balcony on Wednesday said it has struck a deal to store some 370,000 property deeds in Bergen County, New Jersey, on its blockchain platform, in the biggest-ever U.S. effort of its kind.

  • May 28, 2025

    CFPB Energy Loan Rule An 'Unlawful Power Grab,' Suit Says

    Lenders that finance clean energy home improvement projects on Wednesday challenged a Biden-era rule that applies standard mortgage protections to loans where homeowners pay for such projects through property tax bills, saying the rule is unlawful and threatens to kill their business.

  • May 28, 2025

    Insurer Questions Coverage Of Ohio Tenant Harassment Case

    An Ohio insurer filed a federal lawsuit arguing on Wednesday that it is not obligated to defend or indemnify Athens County, Ohio, landlords accused in a U.S. Department of Justice lawsuit of allowing sex discrimination and harassment against female tenants at at least one rental property for years.

  • May 28, 2025

    NY Judge Orders $72M Payment Over Multifamily Foreclosures

    A New York federal judge ruled that several borrowers must pay more than $72.4 million to Fannie Mae, which accused the borrowers of defaulting on multifamily loans associated with 12 New York City apartment buildings.

  • May 28, 2025

    Texas Voters To Decide On Raising Homestead Tax Exemption

    Texas voters will decide if the state should amend its constitution to increase the state's homestead property tax exemption from $100,000 to $140,000 under a Senate joint resolution approved by state lawmakers and filed with the Texas secretary of state.

  • May 28, 2025

    Fannie Mae Taps Palantir To Combat Mortgage Fraud

    Leaders of Fannie Mae, a government-sponsored enterprise that backs a fifth of the rental market, and tech company Palantir announced a partnership Wednesday to combat multifamily mortgage fraud.

  • May 28, 2025

    Bankers' Group Says Redlining Enforcement Goes Too Far

    A K&L Gates LLP partner warned that the U.S. Department of Justice's recent Fair Housing Act and Equal Credit Opportunity Act cases have dramatically expanded what lender behavior qualifies as "redlining," in a report prepared on behalf of the American Bankers Association.

  • May 28, 2025

    Nev. Extends Property Tax In Las Vegas, County To 2057

    Nevada extended by 30 years the imposition of a property tax in the city of Las Vegas and unincorporated areas of Clark County, with revenue allocated for employing police officers, under a bill signed by the governor.

  • May 27, 2025

    Trump To Pardon 'Chrisley' Stars Convicted Of Tax Evasion

    President Donald Trump is planning to pardon reality TV stars Todd and Julie Chrisley, the Georgia duo sentenced to prison after being convicted of running a yearslong bank fraud scheme and dodging federal taxes, according to a post Tuesday on X by Trump's communications adviser.

  • May 27, 2025

    NYC Real Estate Week In Review

    Mayer Brown and Nixon Peabody are among the law firms that landed work on the largest New York City real estate deals to hit public records last week, with matters in Manhattan and Bronx atop the list.

  • May 27, 2025

    6 Firms Hammer Out $4B Canadian Resi REIT Deal

    A Singapore sovereign wealth fund and a Canadian multifamily landlord have purchased a residential real estate investment trust for $4 billion, the REIT announced Tuesday.

Expert Analysis

  • What To Know About New Wash. Community Association Law

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    A series of recent legislative updates that greatly expand application of the Washington Uniform Common Interest Ownership Act pose significant challenges to the volunteer board members who administer and operate condos and homeowners associations, but there are ways to lessen the newly imposed administrative burden, says Tim Feth at VF Law.

  • Mass. Suit Points To New Scrutiny For Home Equity Contracts

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    The Massachusetts attorney general’s recent charge that a lender sold unregulated reverse mortgages shows more regulators are scrutinizing mortgage alternatives like home equity contracts, but a similar case in the Ninth Circuit suggests more courts need to help develop a consensus on these products' legality, say attorneys at Weiner Brodsky.

  • Evolving Federal Rules Pose Further Obstacles To NY LLC Act

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    Following the Financial Crimes Enforcement Network's recent changes to beneficial ownership information reporting under the federal Corporate Transparency Act — dramatically reducing the number of companies required to make disclosures — the utility of New York's LLC Transparency Act becomes less apparent, say attorneys at Pillsbury.

  • 4th Circ. 'Actionable Inaccuracy' Finding Deepens FCRA Split

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    The Fourth Circuit's March finding in Roberts v. Carter-Young Inc. that an actionable inaccuracy under the Fair Credit Reporting Act can be both legal and factual widens an existing circuit split and should prompt furnishers to review their processes for investigating readily verifiable information, say attorneys at Blank Rome.

  • What Banks Should Note As Regulators Plan To Nix CRA Rule

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    While federal bank regulators’ recently announced intent to rescind a Biden-era Community Reinvestment Act final rule will loosen the framework for evaluating banks’ lending, service and investing activities, the decision means industry innovations and changes will remain unaddressed, say attorneys at Alston & Bird.

  • Calif. Smoke Claim Ruling Gives Insurers Support On Denials

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    Far from being an outlier among ash, soot and smoke coverage cases, a California appellate court's recent opinion in Gharibian v. Wawanesa General Insurance reinforces the principle that policyholders must establish entitlement to coverage as a threshold matter, while supporting denials of coverage for meritless claims, says Kyle Espinola at Zelle.

  • Navigating Florida's Bad Faith Reforms After Appellate Ruling

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    A Florida appellate court's recent decision is among the first to interpret two significant amendments to the state's insurance bad faith law, and its holding that one of the statutes could not apply retroactively may affect insurers' interpretation of the other statute, say attorneys at Cozen O'Connor.

  • The Repercussions Of FEMA's Wildfire Cleanup Policy Cuts

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    The Federal Emergency Management Agency recently announced a decision to cease conducting additional soil tests to confirm that the land is safe and free of toxins after wildfires, meaning people could be moving back into houses unfit for human habitation, potentially leading to years of lawsuits, says Vineet Dubey at Custodio & Dubey.

  • The Path Forward For Construction Cos. After Calif. Wildfires

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    The increasing frequency of disastrous wildfires, like those that recently occurred in California, presents a set of complex challenges for the construction industry, including regulatory hurdles and supply chain disruptions that can complicate rebuilding efforts, say attorneys at Cozen O'Connor.

  • Know The Rules And Costs Of New Fla. Condo Inspection Law

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    Following the first report deadline for a structural integrity law meant to prevent disasters like the 2021 Surfside collapse, Florida condominium associations and unit owners should understand the process of conducting compliant inspections and anticipate new assessments to fund required maintenance, say attorneys at Ball Janik.

  • Measuring And Mitigating Harm From Discriminatory Taxes

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    In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.

  • Calif. Banking Brief: All The Notable Legal Updates In Q1

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    Among the most notable developments in California banking in the first quarter of the year, regulators and legislators issued regulations interpreting debt collection laws, stepped up enforcement actions, and expanded consumer protections for those affected by wildfires, says Stephen Britt at Severson & Werson.

  • Addressing Tariff Price Escalation In Construction Contracts

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    As construction projects across the U.S. face uncertainty surrounding material price increases driven by government-imposed tariffs, owners and developers should draft strong contracts to protect themselves from tariff-related cost overruns and delays, say attorneys at Akerman.