Residential
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September 09, 2025
Mass. Lawmakers Pitch Local Real Estate Transfer Taxes
Massachusetts cities would have the option of levying fees on real estate transfers worth more than $1 million to help fund affordable housing efforts under legislation pitched Tuesday to a joint House-Senate panel.
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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.
Expert Analysis
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Fla. Condo Law Fix Clarifies Control Of Common Areas
Florida's repeal of a controversial statutory provision that permitted developers of mixed-use condominium properties to retroactively assert control over common facilities marks a critical shift in legal protections for unit owners and associations, promoting fairness, transparency and accountability, say attorneys at Pardo Jackson.
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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.