Residential
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November 05, 2025
Missouri Justices Won't Consider REIT's Bid To Avoid City Tax
The Missouri Supreme Court won't review an appellate court ruling that said rental income from property owned by a healthcare real estate investment trust is subject to tax in Kansas City, Missouri, the justices said in an order.
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November 05, 2025
Former NYC Housing Czar Will Help Lead Mamdani Transition
Maria Torres-Springer, whose housing work in government spans three New York City mayoral administrations, will be part of the transition team that Mayor-elect Zohran Mamdani has tasked with building his new administration.
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November 05, 2025
NJ Says Towns Can't Redo Affordable Housing Suit
New Jersey asked a federal court once again to toss claims brought by a group of municipalities and elected officials challenging a provision of the state's affordable housing framework, arguing that they've already brought and abandoned similar claims in state court.
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November 05, 2025
Native Hawaiians Sue Over Blocked Access To Sacred Temple
A group of Native Hawaiians are asking a federal court to bar a homeowners' association from blocking their access to an ancient Indigenous temple located within the community, alleging their requests have repeatedly been denied and they are being harassed by residents with entrance rights to the property.
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November 05, 2025
Home Remodel Group Renovo Files Ch. 7 With $100M+ Debt
Renovo Home Partners, a company that rolled up home improvement businesses while backed by private equity, has filed for Chapter 7 bankruptcy in Delaware federal court, declaring up to $500 million in debt across almost 20 affiliates.
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November 05, 2025
NYC Developers Prepare For A Democratic Socialist Mayor
As the broader business community braces for a New York mayor who won by campaigning on an agenda of raising taxes on corporations and the wealthy, real estate developers are searching for common ground with Zohran Mamdani.
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November 04, 2025
11th Circ. Won't Block Fla. Land Restriction Law
The Eleventh Circuit on Tuesday refused to block enforcement of a Florida law prohibiting certain foreign nationals from owning land, finding that the plaintiffs in question lack standing to challenge the law and are unlikely to succeed in their challenge to its constitutionality.
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November 04, 2025
States' Zillow, Redfin Suit In Va. Paused Amid Gov't Shutdown
A Virginia federal judge has granted a joint motion to pause an antitrust suit filed by Virginia and four other states against Zillow Group Inc., Zillow Inc. and Redfin Corp., ruling the suit will be paused until the current federal government shutdown ends.
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November 04, 2025
Ex-County Staffer, Housing Leader Admit To Bribery Scheme
A former program director for a Detroit housing nonprofit and former Wayne County taxpayer assistant pled guilty Tuesday to operating a scheme to remove homes from the county's foreclosure list to fraudulently transfer to new ownership and sell the properties.
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November 04, 2025
Sheppard Mullin Guides $460M Financing For Miami Towers
Scale Lending LLC announced Tuesday that it has finalized a $460 million financing package for a two-tower residential project as Namdar Group wraps up construction on the first of the 43-story towers, in a deal guided by Sheppard Mullin Richter & Hampton LLP and Gunster.
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November 04, 2025
Condo Lawyers Prep Amid Immigration Enforcement Surge
Between discussions on building inspections, shared facilities and board elections, residential association attorneys at a conference in South Florida last week turned their attention to a less obvious but certainly hot-button topic — immigration.
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November 04, 2025
Condo Association's $4.3M Hailstorm Suit Filed Too Late
A condominium association's property insurer owes no coverage for an over $4.3 million hail damage claim, an Illinois federal court ruled, finding that because the association failed to file a properly "sworn" proof of loss, a suit-filing deadline made its coverage action untimely.
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November 04, 2025
Judge To Allow Crypto Landlord To Begin Evictions In Detroit
A Detroit judge said Tuesday she will modify her court order barring a cryptocurrency real estate investment company from collecting rent to make clear its tenants must, in the meantime, pay their rent into escrow accounts held by the city of Detroit — and allow evictions of tenants who fail to do so.
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November 03, 2025
3rd Circ. Says FBI, US Attorneys Fumbled FOIA Requests
The Third Circuit partially revived a Freedom of Information Act lawsuit lodged by a man convicted of mortgage fraud on Monday, agreeing that the Federal Bureau of Investigation and the Executive Office for United States Attorneys lacked justification for failing to give him certain information he asked for.
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November 03, 2025
Continuum Closes South Fla. Condo Buy For Tower Project
Boutique developer Continuum Co. bought and terminated a 46-unit Florida condominium located in a North Miami area where the developer plans to build a 217-foot residential tower.
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November 03, 2025
5 Firms Guide $565M Construction Loan For Miami Tower
Ytech has landed a $565 million construction loan for its 70-story, ultra-luxury residential tower under construction in Miami, in a deal guided by Greenberg Traurig LLP, Kapp Morrison LLP, Gibson Dunn & Crutcher LLP and Adler & Stachenfeld LLP.
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November 03, 2025
Suit Claims Cos. Fraudulently Charging 'Zombie' Loan Interest
A proposed class of borrowers is accusing a mortgage servicer and a debt owner in Virginia federal court of fraudulently charging them thousands of dollars of retroactive interest fees for their "long-dormant," "zombie" mortgage loans.
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November 03, 2025
NYC Real Estate Week In Review
Kelley Drye & Warren LLP, Adler & Stachenfeld LLP and Sullivan & Cromwell LLP guided the largest New York City real estate deals made public last week, which included two office buildings on Third Avenue and a luxury condominium in an Upper West Side skyscraper.
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November 03, 2025
Compass Says Zillow Ban Update Proves Its Point
Real estate brokerage Compass Inc. told a New York federal court Friday that an update on Zillow's website regarding its implementation of an allegedly anticompetitive policy only provides further support for its request to block the policy, days ahead of a preliminary injunction hearing.
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November 03, 2025
Georgia Real Estate Co. Names General Counsel
The Macallan Group LLC in Atlanta has named a Neel Robinson & Stafford LLC partner as its general counsel, the company announced Monday.
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November 03, 2025
Landlords Fight States' Objection To RealPage Settlements
A group of landlords urged a Tennessee federal court to reject arguments lodged by several attorneys general who criticized $141.8 million worth of proposed antitrust settlements that aim to resolve multidistrict litigation accusing the landlords of using property management software company RealPage Inc.'s technology for rent price fixing.
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October 31, 2025
MV Realty Will Pay $2.8M To End NJ Suit Lien Agreements
Florida-based MV Realty has entered into a $2.8 million settlement with New Jersey to resolve a lawsuit claiming it duped cash-strapped homeowners into signing agreements with predatory terms that placed liens on their homes for a one-time cash payment, the state's attorney general's office said Friday.
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October 31, 2025
Real Estate Co. CBRM Affiliates' Ch. 11s Tossed In NJ
A New Jersey bankruptcy judge agreed Friday to dismiss the Chapter 11 proceedings for entities connected to troubled real estate group CBRM Realty Inc., diffusing creditors' efforts to have the cases thrown out as bad-faith filings.
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October 31, 2025
Harbor Group Buys $86M Residential Community Near HQ
Harbor Group International LLC purchased a 480-unit multifamily community in Virginia Beach, Virginia, for $86 million, further expanding its presence in the region that also houses its corporate headquarters, it said.
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October 31, 2025
Newmark Lines Up $600M Refi, Acquisition Financing Deal
Newmark Group Inc. says it has lined up $600 million worth of financing originated by Citi to help Newmark client West Shore acquire three multifamily properties and refinance over $250 million of debt connected to five stabilized properties.
Welltower Inks $14B Worth Of Senior Housing Purchases
Welltower Inc. is set to complete $14 billion worth of deals to acquire 700 senior housing communities with more than 46,000 total units, all in the U.S., U.K. and Canada, the real estate investment trust announced Monday.
What's Next After Fla. Courts Block Condo Termination Bid
The Florida Supreme Court's decision not to take up a developer's appeal of a ruling blocking its bid to redevelop a Miami condominium tower has amplified debate over laws governing condo terminations and whether state legislators should take action.
Real Estate Continues To Hold Interest Of Family Offices
Private funding has become a more important part of real estate's financing puzzle as the industry has navigated a couple of rocky years. As high-net-worth investors gathered at a conference with experts in finance and real estate last week, they offered plenty of signs the fit will remain strong.
Expert Analysis
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How Calif. Zoning Bill Is Addressing The Housing Crisis
The recently signed S.B. 79 represents a significant step in California's ongoing efforts to address the housing crisis by upzoning properties near qualifying transit stations in urban counties, but counsel advising on S.B. 79 will have to carefully parse eligibility and compliance with the bill and related statutes, says Jennifer Lynch at Manatt.
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NYC Landlords Should Fight Unlawful Occupancy With 2 Laws
New York City property owners should proactively use the Multiple Dwelling Law and Administrative Code to maintain the integrity of the city's housing market, safeguard tenant safety and keep unlawful occupancy disputes out of the already overwhelmed New York City Housing Court, say attorneys at Rosenberg & Estis.
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Key NY State Grand Jury Rules Can Shape Defense Strategy
As illustrated by recent cases, New York state's grand jury rules are more favorable than their federal counterparts, offering a genuine opportunity in some cases for a white collar criminal defendant to defeat or meaningfully reduce charges that a prosecutor seeks to bring, says Ethan Greenberg at Anderson Kill.
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New Mass. 'Junk Fee' Regs Will Be Felt Across Industries
The reach of a newly effective regulation prohibiting so-called junk fees and deceptive pricing in Massachusetts will be widespread across industries, which should prompt businesses to take note of new advertising, pricing information and negative option requirements, say attorneys at Hinshaw.
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Addressing Legal Risks Of AI In The Homebuilding Industry
Artificial intelligence is transforming the homebuilding industry, but the legal challenges posed by its adoption spread across many areas, including contractual liability and intellectual property issues, so builders should adopt strategies to mitigate the risks and position themselves for success, says Philip Stein at Bilzin Sumberg.
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Compliance Steps To Take As FCRA Enforcement Widens
As the Fair Credit Reporting Act receives renewed focus from both federal and state enforcers, regulatory and litigation risk is most acute in several core areas, which companies can address by implementing purpose processes and quick remediation of consumer complaints, among other steps, say attorneys at Wiley.
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How Calif. Law Cracks Down On Algorithmic Price-Fixing
Gov. Gavin Newsom signed two laws this month significantly expanding state antitrust enforcement and civil and criminal penalties for the use or distribution of shared pricing algorithms, as the U.S. Department of Justice has recently wielded the Sherman Act to challenge algorithmic pricing, say attorneys at Pillsbury.
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New Conn. Real Estate Laws Will Reshape Housing Landscape
With new legislation tackling Connecticut's real estate landscape, introducing critical new requirements and legal ambiguities that demand careful interpretation, legal counsel will have to navigate a significantly altered and more complex regulatory environment, say attorneys at Harris Beach.
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Md. Ruling Spotlights Source-Of-Income Discrimination
In Hare v. David S. Brown Enterprises, the Maryland Supreme Court recently ruled that landlords cannot impose income requirements that disqualify tenants relying on housing vouchers, raising questions about applying the disparate impact doctrine in source-of-income discrimination cases, says Yvette Pappoe at the University of the District of Columbia.
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Colo. Law Brings Some Equilibrium To Condo Defect Reform
Colorado's American Dream Act, effective next year, does not eliminate litigation risk for developers entirely, but it does introduce a process, some predictability and a more holistic means for parties to resolve condominium construction defect claims, and may improve the state's housing shortage, says Bob Burton at Winstead.
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A Primer For Lenders On NY's New Mortgage Disclosure Regs
A recent New York regulation requiring licensed lenders and mortgage bankers to distribute a significant new disclosure pamphlet, essentially a borrower bill of rights, to applicants serves as a reminder to the industry to follow existing best practices, says Scott Samlin at Blank Rome.
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Trump Tax Law Has Mixed Impacts On Commercial Real Estate
The One Big Beautiful Bill Act brings sweeping changes to the real estate industry — and while the permanency of opportunity zones and bonus depreciation creates predictability for some taxpayers, sunsetting incentives for renewable energy projects will leave others with hard choices, says Jordan Metzger at Cole Schotz.
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DOJ Settlement Offers Guide To Avoiding Key Antitrust Risks
The U.S. Justice Department's settlement with Greystar Management shows why parties looking to acquire companies that use pricing recommendation software should carefully examine whether the software algorithm and how it is used in the market create antitrust dangers, say attorneys at Fried Frank.