Residential

  • October 01, 2025

    Orrick, Davis Polk Lead Flood Insurer Neptune's $368M IPO

    Neptune Insurance Holdings Inc., guided by Orrick Herrington & Sutcliffe LLP, has priced a $368 million initial public offering with a Morgan Stanley-led group of underwriters guided by Davis Polk & Wardwell LLP.

  • October 01, 2025

    Real Estate Lawyers On The Move

    Hogan Lovells and Dorsey & Whitney are among the law firms that have made recent real estate or construction hires.

  • October 01, 2025

    High Court Lets Fed's Cook Keep Job For Now

    The U.S. Supreme Court said Wednesday that it will wait to hear oral arguments early next year before ruling on President Donald Trump's bid to immediately oust Federal Reserve Gov. Lisa Cook, a move that will allow her to remain on the job in the meantime.

  • September 30, 2025

    Wash. MLS Asked About Fairness Of Banning 'Office Exclusives'

    A Washington federal judge pressed Northwest Multiple Listing Service at a hearing Tuesday to explain how its board of directors justified limiting homeowners' options when listing their residential properties for sale.

  • September 30, 2025

    2 Firms Guide Post Road Group's Sale Of $2B Digital Platform

    Post Road Group announced Tuesday that the alternative investment manager plans to sell its $2 billion digital infrastructure platform to Future Standard, a deal guided by Cravath Swaine & Moore LLP and Kirkland & Ellis LLP.

  • September 30, 2025

    Developer Plans 200 Units On Rezoned Fort Lauderdale Site

    Colliers on Tuesday said it arranged the $8 million sale of a site in Fort Lauderdale, Florida, that is slated for a 200-unit multifamily residential development following a recent rezoning in the area.

  • September 30, 2025

    Del. Justices Won't Revive Gellert Seitz Malpractice Case

    The Delaware Supreme Court on Tuesday rejected a homebuilder's bid to revive its legal malpractice suit against Gellert Seitz Busenkell & Brown LLC over damages the builder said it suffered due to the firm's negligence in loan restructuring disputes with a bank.

  • September 30, 2025

    MLB Team Owner's $8B Queens Casino Bid Moves Forward

    An $8 billion Queens casino project backed by Steven A. Cohen, the billionaire owner of Major League Baseball's New York Mets, was unanimously approved on Tuesday by a six-member local committee, moving it to a state regulatory board for consideration.

  • September 30, 2025

    IRS Defines Rural Areas For Opportunity Zone Tax Breaks

    The Internal Revenue Service published the definitions Tuesday for rural areas that qualify for the federal opportunity zone program's rural zone expansion under the Republican budget bill signed into law this summer.

  • September 30, 2025

    Longtime SEC Litigator Joins Invitation Homes In Texas

    A litigator with more than two decades of U.S. Securities and Exchange Commission experience has joined the legal team at Dallas-based single-family home leasing and management company Invitation Homes Inc. as senior vice president, litigation and investigations.

  • September 30, 2025

    FTC Accuses Zillow, Redfin Of Stifling Rental Ad Competition

    The Federal Trade Commission filed a lawsuit in Virginia federal court on Tuesday accusing Zillow of paying Redfin more than $100 million to stop competing for the sale of rental housing advertisements on their listing services.

  • September 30, 2025

    NYC To Spend $1.8B To Speed Up Housing Production

    New York City Mayor Eric Adams announced that his administration plans to accelerate housing production by investing an additional $1.8 billion in fiscal year 2026, fast-tracking funding earmarked under a 10-year capital plan for housing production.

  • September 30, 2025

    Trump Orders Lumber, Furniture Tariffs To Begin Oct. 14

    In an executive order signed Monday evening, President Donald Trump outlined a series of tariff rates on imported lumber and derivative products to be imposed in two weeks.

  • September 30, 2025

    Co-Marketing Isn't A Kickback Scheme, NC Lender Says

    A mortgage lender is urging a North Carolina federal court to toss a homebuyer's suit accusing it and an insurance broker of running a kickback scheme, arguing that the homebuyer is wrongfully alleging that its co-marketing agreement with the brokerage is some sort of kickback scheme.

  • September 30, 2025

    Senior Housing REIT Buys 5 Wisconsin Properties For $195M

    Senior housing real estate investment trust LTC Properties Inc. said Tuesday that it has acquired a portfolio of five independent living, assisted living and memory care properties in Wisconsin for $195 million.

  • September 29, 2025

    FPI Signs $2.8M Deal To Exit Yardi Price-Fixing Class Action

    Property management firm FPI Management Inc. has reached a $2.8 million deal to settle a proposed price-fixing class action in Washington federal court accusing it and others of using Yardi Systems Inc.'s third-party software to inflate residential rents.

  • September 29, 2025

    Kazakh Money Laundering Retrial Against Felix Sater Begins

    A Manhattan federal jury heard opening statements Monday in a civil money laundering retrial against financier Felix Sater, whom plaintiffs branded as a thief who enriched himself as he helped hide millions of dollars looted from a Kazakh bank 20 years ago.

  • September 29, 2025

    Residential REIT Wants Shareholder Vote For $354M Merger

    Dream Residential Real Estate Investment Trust wants its shareholders to vote on approving a $354 million all-cash acquisition of the company by an affiliate of real estate investment and management company Morgan Properties LP, the Canadian residential REIT has announced.

  • September 29, 2025

    NYC Real Estate Week In Review

    Goldberg Weprin and Jeffrey Zwick are among the law firms that landed work on the largest New York City real estate deals to hit public records last week, a period that included large deals in three boroughs.

  • September 29, 2025

    IRS Finalizes Income Rules For Housing Tax Credit Projects

    The U.S. Department of the Treasury and Internal Revenue Service published finalized rules for housing tax credit developers opting to use an average-income test to set rents for affordable housing projects, aiming to reduce the risk of disqualification if a unit falls out of compliance.

  • September 29, 2025

    Airbnb Rental Violates Zoning Rules, Conn. Town Says

    An Airbnb listing for a "poolside retreat" with 10 beds violates a Connecticut town's zoning ordinance because it is commercial in nature, not residential, according to an enforcement action that asks a state court to shut down the enterprise for good.

  • September 29, 2025

    Related Group Sells Atlanta Suburb Apartments For $352M

    Related Group has sold two multifamily properties in the Atlanta suburbs of Buford and Kennesaw for nearly $352.8 million, according to a Monday announcement by seller-side broker Walker & Dunlop.

  • September 29, 2025

    NY Committee Advances Bally's Bronx Casino Project

    A six-member New York community advisory committee decided on Monday to move forward gambling company Bally's Corp.'s proposed $4 billion, 3 million-square-foot Bronx casino and resort project for further consideration.

  • September 29, 2025

    Fla. Cities, Counties Take Aim At Storm Recovery Law

    A coalition of 25 Florida municipalities and counties sued the state on Monday over a state law aimed at encouraging post-hurricane rebuilding efforts that the local governments say unconstitutionally tramples their authority to regulate land use and development in their communities.

  • September 26, 2025

    Zillow Loses 9th Circ. Bid To Undo Investor Class Cert.

    The Ninth Circuit on Friday affirmed a lower court's decision to grant class certification in an investor suit claiming Zillow Group Inc. oversold a now-shuttered home-buying program, rejecting the real estate listing site's arguments that the lower court did not correctly apply the U.S. Supreme Court's Goldman decision to the class certification bid.

Expert Analysis

  • Spoliation Of Evidence Is A Risky And Shortsighted Strategy

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    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.

  • In 2nd Place, Va. 'Rocket Docket' Remains Old Reliable

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    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.

  • Operating Via Bank Charter Offers Perks Amid Industry Shift

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    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.

  • CFPB Industry Impact Uncertain Amid Priority Shift, Staff Cuts

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    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.

  • Opportunity Zone Revamp Could Improve The Program

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    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.

  • 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.