Residential

  • October 29, 2025

    Ex-Chicago Alderman's Aide Pleads Guilty In Bribery Case

    The chief of staff to former Chicago City council member Carrie Austin admitted Wednesday he misappropriated Supplemental Nutrition Assistance Program funds in a criminal case that also accused him and Austin of accepting benefits from contractors seeking city assistance for a development project in her ward.

  • October 29, 2025

    Opendoor Investors Ask For Final OK Of Reforms Settlement

    Investors of Opendoor Technologies Inc. have asked an Arizona federal judge to give the final OK to a settlement that includes corporate governance reforms and $1.9 million in attorney fees, to end a derivative suit that claimed they were misled about the efficacy of Opendoor's artificial intelligence pricing algorithm used to buy and sell homes.

  • October 29, 2025

    Warburg, Madison International Unveil $300M RE Initiative

    Private equity firm Warburg Pincus announced Wednesday that it has teamed up with real estate investment firm Madison International Realty to create a $300 million initiative that aims to use "liquidity solutions" to invest in discounted residential, industrial, cold storage and data center properties, among others. 

  • October 29, 2025

    Wells Fargo Agrees To Trim $481M Loan Suit Against JPMorgan

    Wells Fargo, JPMorgan Chase & Co., New York City developer Meyer Chetrit and other parties submitted a proposed agreement that will get rid of most of Wells Fargo's nine-count suit accusing JPMorgan and the others in New York federal court of being liable for a $481 million mortgage loan deal that caused "tens of millions of dollars in losses."

  • October 29, 2025

    Halligan Defends Exchange With Reporter Flagged By James

    Federal prosecutors argued that special media restrictions aren't needed in their case against New York Attorney General Letitia James, after her lawyers called out U.S. Attorney Lindsey Halligan's texts to a reporter in a filing last week and asked the court for an order barring further media communications.

  • October 29, 2025

    Trial Evidence Backs Tossed Claims, Ex-Housing Worker Says

    A former coordinator for the public housing authority in Charlotte, North Carolina, who won a $2.34 million verdict against her one-time employer for negligently retaining a supervisor who created a hostile work environment is looking to revive a host of claims that a federal judge threw out before the trial.

  • October 28, 2025

    Law Firm Countersues Lender In Battle Over Fraudulent Loan

    A North Carolina law firm hit back Tuesday against a mortgage lender's professional negligence suit over a $510,000 loan a borrower alleged was fraudulent, arguing in a countersuit that the lender failed to properly verify the identities of the purported borrowers.

  • October 28, 2025

    3 Firms Guide Apex Treasury's $300M Blockchain, Crypto IPO

    Special purpose acquisition company Apex Treasury Corp., guided by Perkins Coie LLP and Appleby (Cayman) Ltd., has completed a $300 million blockchain and cryptocurrency-focused initial public offering, which was supported by Pillsbury Winthrop Shaw Pittman LLP-led underwriters.

  • October 28, 2025

    NYC Bias Recoveries Hit Record $17M In Fiscal 2025

    The New York City Commission on Human Rights recovered more than $17 million for victims of employment and housing discrimination in fiscal year 2025, a record figure for the agency, it said Monday.

  • October 28, 2025

    NM Appeals Court Tosses Challenge To Santa Fe Mansion Tax

    New Mexico real estate agents who contend that Santa Fe's recently adopted 3% tax on home sales over a million dollars is unlawful don't have standing to challenge the ordinance, a state appeals court said in a dismissal.

  • October 28, 2025

    NYC Real Estate Week In Review

    Hogan Lovells, Paul Hastings LLP and Kriss & Feuerstein LLP and are among the law firms that guided the largest New York City real estate deals made public last week, which included the sale of the former Trump SoHo in Manhattan and the bankruptcy sale of an unfinished luxury rental project in Prospect Lefferts Gardens in Brooklyn.

  • October 28, 2025

    Raleigh Urges NC Justices To Stop 'Windfall' For Developers

    Without reversal of a trial court's class certification order, a lawsuit seeking refunds for fees levied to hook up to Raleigh's water and sewer system will result in duplicative "windfall" payments and spinoff litigation, the North Carolina Supreme Court was told Tuesday.

  • October 28, 2025

    Pa. Homeowners Ask Justices To Revive Toll Bros. Suit

    A group of 37 Pennsylvania homeowners urged the state's high court to revive their construction defects claims against major homebuilder Toll Brothers Inc. and its subsidiaries, arguing that an arbitrator wrongfully tossed their claims without conducting an evidentiary hearing.

  • October 28, 2025

    NYC Allowed To Set Lower Growth Caps For Property Taxes

    New York City can adopt lower annual growth caps for the portion of the overall property tax levy paid by each property tax class for the city's 2026 fiscal year under a bill signed by Gov. Kathy Hochul.

  • October 27, 2025

    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.

  • October 27, 2025

    Spanish Homebuilder Raises €140M Via Share Sale

    Spanish homebuilder Neinor Homes raised €140 million ($163 million) in equity, less than a week after shareholders signed off on the company's acquisition of Aedas Homes.

  • October 27, 2025

    AGs Call Landlord Deals In RealPage MDL 'Weak'

    A quartet of state attorneys general urged a Tennessee federal judge to hold off on approving $141.8 million in class settlements resolving claims that major landlords used RealPage to fix rent prices, arguing the "weak injunctive terms" and "meager monetary relief" interferes with their own cases.

  • October 27, 2025

    Ex-Conn. Housing Chief's Brother Says Payments Were Legit

    The brother of the former executive director of a Connecticut municipal housing authority denied the authority's claims against him in a sprawling fraud lawsuit, saying payments made to his companies as part of the targeted transactions at issue were legitimate.

  • October 27, 2025

    Mortgage Lender Beeline Launches Tokenized Home Equity

    Beeline Loans Inc. wrapped up five initial "blockchain-recorded" home equity deals in October on the BeelineEquity blockchain platform, and more deals are expected to close later this year, the digital mortgage lender announced Monday.

  • October 27, 2025

    Insurer, Roofer Settle $4.7M Poultry Farm Storm Damage Suit

    An Arkansas federal judge on Monday dismissed with prejudice Norfolk & Dedham Mutual Fire Insurance Co.'s suit against Rogers Manufacturing Corp. over $4.7 million in damage from roof collapses after the parties told the court that they'd satisfied all the terms of a settlement reached earlier this month.

  • October 27, 2025

    Developer Says Calif. Law Targets Its Santa Barbara Project

    The developer behind a housing project in Santa Barbara, California, sued the city and state in federal court, claiming a new state law is unconstitutional because it unfairly singles out its development for additional review under the California Environmental Quality Act.

  • October 27, 2025

    NJ Town Atty Escapes Ethics Case Over Racial Remark

    The New Jersey Supreme Court dismissed an ethics charge against a municipal attorney over a controversial remark in 2021 referencing the U.S. Constitution's "three-fifths compromise," a clause in the original document that counted enslaved people as three-fifths of a person for purposes of taxation and congressional representation.

  • October 27, 2025

    NC Lot Owners Fight $1.45M Fee Assessment After Helene

    Property owners in a private gated community in the mountains of North Carolina are suing to block a $1.45 million special assessment levied by the property association to pay for damage caused by Hurricane Helene.

  • October 27, 2025

    Compass Pushes For Redfin Docs In Zillow Antitrust Fight

    Compass Inc. has urged a New York federal court presiding over the brokerage's antitrust suit against property listings company Zillow Inc. to order another property listings company, Redfin Corp., to provide copies of drafts of blog posts written by Redfin's CEO as well as a copy of an allegedly anticompetitive Zillow-Redfin rental agreement.

  • October 27, 2025

    NYC Property Tax Limit Measure Sent To Hochul

    New York state would allow New York City to adopt lower annual growth caps for the portion of the overall property tax levy paid by each property tax class for the city's 2026 fiscal year under a bill sent to Gov. Kathy Hochul.

Expert Analysis

  • The Repercussions Of FEMA's Wildfire Cleanup Policy Cuts

    Author Photo

    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.

  • The Path Forward For Construction Cos. After Calif. Wildfires

    Author Photo

    The increasing frequency of disastrous wildfires, like those that recently occurred in California, presents a set of complex challenges for the construction industry, including regulatory hurdles and supply chain disruptions that can complicate rebuilding efforts, say attorneys at Cozen O'Connor.

  • Know The Rules And Costs Of New Fla. Condo Inspection Law

    Author Photo

    Following the first report deadline for a structural integrity law meant to prevent disasters like the 2021 Surfside collapse, Florida condominium associations and unit owners should understand the process of conducting compliant inspections and anticipate new assessments to fund required maintenance, say attorneys at Ball Janik.

  • Measuring And Mitigating Harm From Discriminatory Taxes

    Author Photo

    In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.

  • Calif. Banking Brief: All The Notable Legal Updates In Q1

    Author Photo

    Among the most notable developments in California banking in the first quarter of the year, regulators and legislators issued regulations interpreting debt collection laws, stepped up enforcement actions, and expanded consumer protections for those affected by wildfires, says Stephen Britt at Severson & Werson.

  • Addressing Tariff Price Escalation In Construction Contracts

    Author Photo

    As construction projects across the U.S. face uncertainty surrounding material price increases driven by government-imposed tariffs, owners and developers should draft strong contracts to protect themselves from tariff-related cost overruns and delays, say attorneys at Akerman.

  • Reconciling 2 Smoke Coverage Cases From California

    Author Photo

    As highlighted by a California Department of Insurance bulletin clarifying the effect of two recent decisions on insurance coverage, the February state appellate ruling denying coverage for property damage from smoke, ash and soot should be viewed as an outlier, say attorneys at Reed Smith.

  • How Fla. Is Floating A Raft Of Bills To Stem Insurance Woes

    Author Photo

    Proposed reforms that follow a report skewering Florida's insurance industry offer a step in the right direction in providing relief for property owners, despite some limitations, say attorneys at Farah & Farah.

  • After Fires, Calif. Must Streamline Enviro Reviews For Housing

    Author Photo

    Recent waivers to the California Environmental Quality Act and other laws granted by California Gov. Gavin Newsom to expedite reconstruction of residential property damaged in the Los Angeles wildfires are laudable — but given the state's widespread housing shortage, policymakers should extend the same benefits to other communities, say attorneys at Alston & Bird.

  • Making The Opportunity Zones Program Great At Last

    Author Photo

    As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.

  • How 2025 Is Shaping The Future Of Bank Mergers So Far

    Author Photo

    Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.

  • Why NY May Want To Reconsider Its LLC Transparency Law

    Author Photo

    Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

    Author Photo

    The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.