Residential
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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.
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September 04, 2025
Trump Says 'Century-Old' Precedent Backs Fed Gov.'s Firing
President Donald Trump on Thursday hit back at Federal Reserve Board Gov. Lisa Cook's motion seeking to block her termination from the central bank, telling a Washington, D.C., federal court that Cook was ignoring "century-old" U.S. Supreme Court precedent that he says forecloses review of her removal for cause.
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September 04, 2025
Couple Say Mexico Timeshare Feud Belongs In State Court
A Michigan couple who sued a Mexican resort company in a fight over a timeshare contract is arguing that their case belongs in Florida state court, saying an underlying arbitration agreement calling for disputes to go to Canada cannot be heard in federal court.
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September 04, 2025
Cushman Told Hold Vote On Cleary-Advised Bermuda Move
Commercial broker Cushman & Wakefield said Thursday that it will hold a shareholder vote in October on a plan to change its place of incorporation from England to Bermuda.
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September 04, 2025
Pollution Exclusion Bars Coverage For HOA Stormwater Suit
An insurer has no duty to defend or indemnify a homeowners association against claims that its stormwater drainage system caused flooding and damage to nearby properties, a Georgia federal court ruled, saying a pollution exclusion bars coverage.
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September 04, 2025
NJ Judge Greenlights Ch. 11 Plan For Real Estate Firm
A New Jersey federal judge said Thursday he will approve a Chapter 11 plan for a troubled real estate investment firm that includes selling an affordable housing complex in Pittsburgh and creating a litigation trust to recover hundreds of millions allegedly stolen by the company's now-imprisoned founder.
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September 04, 2025
2 Firms Guide $98M Loan For Miami Condo Building
Northwind Group originated a $98 million senior secured loan in a deal that was guided by Polsinelli PC and Gangemi Law Group and is connected to the acquisition of a 238-unit Miami condominium building, the real estate private equity firm announced on Thursday.
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September 04, 2025
5 Firms Guide Rithm Capital's Crestline Buy
Five firms steered real estate-focused investment firm Rithm Capital Corp.'s purchase of Crestline Management, adding and expanding the firm's private credit, insurance and reinsurance capabilities with the acquisition.
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September 04, 2025
Engineers' UConn Housing Flub Cost $1.25M, Developer Says
Engineers working on a University of Connecticut dormitory project failed to note that the planned fifth-floor penthouses violated building and fire codes, leading to $1.25 million in costs and lost revenue for the developer, according to a lawsuit in state court.
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September 04, 2025
Feds Sue SoCal Edison Over Eaton, Fairview Wildfires
The U.S. Department of Justice on Thursday sued Southern California Edison, seeking a combined $77 million in a pair of lawsuits alleging that its negligence in maintaining its infrastructure caused the catastrophic Eaton wildfire in January and devastating Fairview fire in 2022.
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September 04, 2025
Wash. Justices To Review Voter Measure Backing Natural Gas
The Washington State Supreme Court has agreed to weigh in on a dispute over a law approved by voters that prevents local governments and code officials in the state from passing rules restricting or discouraging the use of natural gas.
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September 04, 2025
Nonprofits Defend Suit Over Fla. Land Purchases Ban
Three nonprofits, a Florida real estate brokerage and a local property owner all have told a Florida federal court not to dismiss their Fair Housing Act suit challenging a state law that bans certain foreigners, such as Chinese citizens, from buying specific types of land, arguing in part that state government officials have mischaracterized their claims.
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September 04, 2025
2 Firms Guide KKR's $308M UK Student Housing Portfolio Buy
Jones Day and CMS Cameron McKenna Nabarro Olswang LLP guided KKR's purchase of a £230 million ($308 million), 2,179-bed student housing portfolio from Curlew Student Trust.
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September 03, 2025
Real Estate Counsel Rejoins Ropes & Gray In New York
Ropes & Gray LLP said an alumnus has rejoined the firm's New York office as counsel in its real estate investments and transactions group from GIC Pte. Ltd., a Singaporean sovereign wealth fund.
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September 03, 2025
3rd Circ. Says Preclusion Ends NJ Foreclosure Fight
The Third Circuit affirmed a bankruptcy court's order allowing Nationstar Mortgage to proceed with a home foreclosure sale, finding that the homeowner was trying to relitigate the exact same issues she had already lost in state court.
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September 03, 2025
Guardian's $497M Acquisition Maintains 3,000 Affordable Units
Guardian Real Estate Services has closed on a $497 million acquisition of 15 multifamily properties in Albuquerque, New Mexico, and Portland, Oregon, in what the company and its partners said is one of the largest-ever preservation transactions to maintain affordable housing units.
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September 03, 2025
Insurance Firm Adds Texas Office As Claim Denials Spike
Your Insurance Attorney announced Wednesday that it has opened a new office in Houston, noting that the property and casualty insurance firm's expansion comes as the state faces worsening hurricane seasons and higher levels of insurance claim denials.
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September 03, 2025
Cos. Net $170M Loan For Luxury Miami Condo Project
SB Development Group and Hazelton Capital Group have taken a $170 million construction and land financing loan to keep developing a 40-story, 134-unit luxury Miami condominium project in the city's Edgewater neighborhood, the companies announced.
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September 03, 2025
Lack Of Notice Bars Miami Real Estate Fraud Suit, Court Told
The city of Miami told a Florida appellate panel Wednesday that a resident's lawsuit alleging a real estate fraud conspiracy by city officials should be dismissed as untimely, saying the complaint was brought more than two years past the deadline for a required pre-suit notice under the Sunshine State's sovereign immunity law.
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September 03, 2025
NYC Council Fights Mayor's Voucher Reform Appeal Request
The New York City Council asked a state appeals court to disregard a request by Mayor Eric Adams to have New York's high court revisit a decision compelling his administration to implement a set of laws broadening city-funded rental assistance as a step to prevent homelessness.
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September 03, 2025
Stradley Ronon Adds Ex-Brandywine Atty To Philly Office
An attorney specializing in advising clients on real estate transactions has returned to private practice after nearly five years as an in-house attorney, joining Stradley Ronon Stevens & Young LLP in its Philadelphia office.
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September 03, 2025
Real Estate Fund Sponsors Loosen Reins In Sluggish Market
While transaction activity in the real estate fundraising market picked up in the first half of the year, fund managers have been giving more control to some of their biggest investors as a way to help alleviate their uncertainties over liquidity and U.S. tariff policies.
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September 03, 2025
Texas Bill Would OK More Sales Tax For Property Tax Relief
Texas would allow local governments to impose supplemental sales and use tax to raise additional revenue for property tax relief if the sales and use tax is approved by voters under a bill introduced in the state House of Representatives.
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September 02, 2025
5th Circ. Says Firm Is Making 'Circular Problem' In Doc Dispute
A Fifth Circuit panel pushed back Tuesday on a law firm's assertion that it gets to keep documents associated with a $30 million settlement with Ocwen Financial Corp. even though those documents were allegedly used to breach the settlement agreement, saying they were making a circular argument.
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September 02, 2025
Freddie Mac Beats Investor Suit Over Subprime Exposure
An Ohio federal judge has tossed a nearly two-decade-old lawsuit accusing Freddie Mac of failing to warn investors about its exposure to the flagging subprime market, ruling that the lawsuit hadn't identified any material misleading statements made by the company in the lead-up to the housing crisis.
Expert Analysis
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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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CFPB 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.
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What To Know About New Wash. Community Association Law
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.