Residential
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November 12, 2025
Ex-NY Gov. Aide Tells Jury FARA Rap Is A Bridge Too Far
Counsel for former New York state government official Linda Sun told a Brooklyn federal jury Wednesday that prosecutors overreached by accusing her of acting as an undisclosed agent for the People's Republic of China, saying the former aide was just doing her job as the go-between linking two Empire State governors and the Chinese-American community.Â
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November 12, 2025
2nd Circ. Upholds Airbnb Win In NYC Landlord's Suit
The Second Circuit affirmed a lower court's dismissal of a New York City landlord's lawsuit accusing Airbnb Inc. of enabling illegal short-term rentals and costing it more than $100,000 in city fines, finding the property owner failed to meet a deadline to respond to a magistrate judge's report and recommendation.Â
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November 12, 2025
8th Circ. Will Rehear Travelers' $27M Fire Award Challenge
The Eighth Circuit agreed Wednesday to revisit its previous split decision affirming a Missouri-based apartment complex owner's $27 million jury award against a Travelers unit in a fire coverage dispute.
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November 12, 2025
Wachtell Helps Centerspace Weigh Potential Company Sale
Centerspace, under the guidance of Wachtell Lipton Rosen & Katz LLP, is considering whether it should sell itself, merge with another company or stay independent, the apartment communities operator and owner announced.
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November 12, 2025
Supply Shaped Multifamily In Q3, REIT Execs Report
Though an ongoing oversupply in the multifamily market is set to drop off in 2026, multifamily real estate investment trust executives reported during third-quarter earnings calls that supply still defined the sector, driving a focus on renewals.
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November 12, 2025
9th Circ. Says Finance Guru Ramsey Can't Arbitrate Fraud Suit
A Ninth Circuit panel rejected celebrity financial planner Dave Ramsey's bid to force arbitration in a proposed class action accusing him of roping radio show listeners into a timeshare exit scheme, concluding Wednesday the suit isn't tied to the consumers' contract with Reed Hein & Associates.
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November 12, 2025
MVP: Cadwalader's Christopher Dickson
Christopher Dickson of Cadwalader Wickersham & Taft LLP's real estate practice was lead partner advising lenders Wells Fargo, Morgan Stanley and The Goldman Sachs Group in the record-breaking $1.15 billion refinancing of a mixed-use waterfront development in Washington, D.C., earning him a spot as one of the 2025 Law360 Real Estate MVPs.
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November 12, 2025
New Savills GC Weighs Return-To-Office, AI, Legal Sector
Savills announced Wednesday that it is elevating Julia Spivack, who has been associate general counsel at the real estate advisory firm for three years, to executive vice president and general counsel. In an interview with Law360, Spivack spoke about her priorities in her new role.
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November 12, 2025
Virgin Islands Gives 90-Day Tax Amnesty For Storm Recovery
The U.S. Virgin Islands established a 90-day amnesty period to waive penalties for overdue property, income and gross receipts taxes to help residents and businesses recovering from Hurricanes Irma and Maria and Tropical Storm Ernesto under a bill signed by the governor.
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November 10, 2025
Law360 MVP Awards Go To Top Attorneys From 76 Firms
The attorneys chosen as Law360's 2025 MVPs have distinguished themselves from their peers by securing significant achievements in high-stakes litigation, complex global matters and record-breaking deals.
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November 10, 2025
La. Condo Awarded $5M For State Farm's Storm Claim Delay
A State Farm unit owes a Bayou State condominium complex over $5 million in penalties for its delayed adjustment of the complex's hurricane damage claim despite having satisfactory proof of loss, a Louisiana federal court held Monday.
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November 10, 2025
NYC Real Estate Week In Review
Konner Gershburg Melnick Darouvar LLP and Okin Edelman PC guided the biggest New York City real estate deals made public last week, including the sale of a former school and adjoining Gilded Age mansions formerly owned by The Met.
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November 10, 2025
Zillow Pushed Consumers To Take Inferior Loans, Suit Says
Consumers have alleged in Washington federal court that Zillow Group Inc. ran an illegal kickback scheme that involved rewarding brokers and real estate agents with customer leads if they told clients to use Zillow's services to obtain mortgage loans, despite better financing options being available.
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November 07, 2025
'Mamdani Effect' Spurs Debate At Miami Real Estate Event
Buzz that Zohran Mamdani's win in the New York City mayoral race could trigger a new wave of migration to South Florida ran through a real estate event in Miami that followed his election night win — although a number of industry experts urged more measured expectations.
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November 07, 2025
Greenberg Traurig Guides $1B Worth Of Fla. Resi Loans
Developers Dezer Development and Ytech, both guided by Greenberg Traurig LLP, have secured construction loans worth more than $1 billion combined for a South Florida residential tower and a Florida condominium project in two separate deals.
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November 07, 2025
NYC Housing Ballot Measures Are Game Changing
New York City voters approved three ballot measures on Election Day that land use attorneys say have the potential to transform how housing is produced across the five boroughs, opening up areas of the city that were previously off-limits for development.
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November 07, 2025
Troutman, BakerHostetler Guide $330M Stewart-MCS Deal
Stewart Information Services Corp., advised by Troutman Pepper Locke LLP, agreed to buy BakerHostetler-led MCS' mortgage services business line through a subsidiary in a $330 million deal, the companies said Friday.
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November 07, 2025
Neb. High Court Backs Lower Tax Valuation For Apartments
Nebraska's tax commission erred when it sided with a local assessor's valuation of two apartment complexes rather than the local tax board's lower valuation, the state's high court said in an opinion Friday.  Â
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November 07, 2025
PulteGroup Says Developer Breached $40M NC Land Deal
A PulteGroup Inc. subsidiary said a landowner breached an over $40 million contract for fully developed land in a North Carolina residential housing subdivision after missing development milestones, according to a lawsuit designated to North Carolina Business Court.
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November 07, 2025
Apartment Management Co. Must Face Age Bias Suit
A property management company must face a former regional director's lawsuit claiming she was fired and replaced with younger employees because she was in her 60s, with a Tennessee federal judge saying a jury should weigh allegations that a supervisor repeatedly urged her to retire.
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November 07, 2025
Big Brokers Say Office, Industrial Leasing Driving Q3 Gains
Commercial real estate executives reported steady revenue growth in the third quarter of 2025, buoyed by strong leasing activity across the office and industrial sectors that, in some cases, set records among the major brokers.
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November 06, 2025
Real Estate Companies Escape Ex-Worker's Bias Claims
Compass Inc. and a real estate advisory firm don't have to face an agent's lawsuit claiming she was fired for complaining about supervisors' allegedly misogynistic, derogatory and sexually explicit comments, as a New York federal judge ruled Thursday she'd failed to claim her employers knew about her complaints.
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November 06, 2025
NJ City Sues Landlord Over Retroactive Rent Demands
A New Jersey city accused a local residential property owner of wrongfully trying to retroactively collect thousands of dollars in rent from tenants who were following the guidance of the city's rent control board.
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November 06, 2025
Insurer, Former Exec Settle In Military Housing Fraud Case
Military housing developers alleging that they were defrauded out of millions of dollars through excessive and undisclosed premiums and fees have struck a settlement agreement with two defendants, Ambac Assurance Corp. and its former managing director, Chetan Marfatia, court records show.
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November 05, 2025
Ex-SEC Attys Urge Full 9th Circ. Review of Zillow Decision
Law professors and two former general counsel of the U.S. Securities and Exchange Commission have voiced support for Zillow Group Inc.'s bid for the Ninth Circuit to take a second look at its high-profile securities case, arguing that the full court should review a September ruling that upheld class certification in an investor suit over the real estate site's now-shuttered home-buying program.
Latham Atty Talks SEC's Bid To Revive Public RMBS
There hasn't been a public offering of residential mortgage-backed securities since financial crisis-era reforms dissuaded the market from issuing them, but that may change under the current administration, said a veteran of the U.S. Securities and Exchange Commission who recently joined Latham & Watkins LLP.
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.
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.
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.