Residential
-
June 09, 2025
NYC Real Estate Week In Review
Hunton Andrews and Keusch Law are among the firms that guided the largest New York City real estate deals that hit public records last week, with a nine-figure Manhattan matter leading the way.
-
June 09, 2025
Developer Nets $140M Loan For NY Apartment Community
A partnership involving developer and construction company Tritec Real Estate Co. borrowed a $140 million refinancing loan for its recently completed 418-unit apartment community on New York's Long Island, JLL announced Monday.
-
June 06, 2025
Developer Starts Fla. Multifamily, Workforce Housing Project
Integra Investments has begun work on a more than $100 million, seven-story multifamily and workforce housing project in North Miami, the real estate investment and development firm announced Friday.
-
June 06, 2025
Denver Tenants Say Lack Of Repairs Made Building Unsafe
Tenants at a Denver apartment complex have filed a proposed class action against the owner as well as current and former property managers in state court, alleging the property became dangerous and unsanitary because the defendants refused to pay for necessary repairs.
-
June 06, 2025
Condo Owner And Insurer Settle $25M Storm Damage Suit
A 7-year-old federal lawsuit between a Colorado condominium complex and its insurer alleging nearly $25 million in unpaid claims has ended in a private settlement.
-
June 06, 2025
11th Circ. Limits Easement Tax Break Tied To Failed Project
A Georgia partnership that formed after the failure of a resort development and donated a conservation easement in exchange for a tax break cannot take an $8.9 million deduction for the property's fair market value because the land was considered inventory, the Eleventh Circuit said Friday.
-
June 06, 2025
Husch Blackwell Adds 2nd Real Estate Partner In A Month
Husch Blackwell LLP hired a Cozen O'Connor shareholder as real estate partner for its real estate, development and construction team in its Dallas and Minneapolis offices, making this the firm's second real estate partner hiring since May, the firm announced.
-
June 06, 2025
Bilzin Sumberg Guides $21M Miami Opportunity Zone Sale
Bilzin Sumberg Baena Price & Axelrod LLP advised Malaysian gaming company Genting Group on the $21 million sale of a downtown Miami development site to an opportunity zone fund from two real estate attorneys.
-
June 06, 2025
Dems Urge FHFA To Halt Trump's Fannie, Freddie Plans
A group of 13 Democratic U.S. senators, along with Sen. Bernie Sanders, urged the Federal Housing Finance Agency to put on hold efforts from President Donald Trump to end government conservatorship for Fannie Mae and Freddie Mac, stating in a letter that reprivatizing the entities "could dramatically increase costs for families seeking to purchase a home."
-
June 06, 2025
Calif. Panel Remands Fee Claims Over Evidence Exclusion
A California trial court erred when it blocked any reference to underlying legal malpractice allegations in a trial for recovery of fees brought by a San Francisco lawyer against his former clients, according to a Golden State appeals panel, which found the malpractice claims, though "effectively abandoned," had not reached final judgment on the merits.
-
June 06, 2025
PE Firms Are Top Opportunity Zone Investors, Report Finds
A group tracking private equity activity said each of the 15 largest investors in the federal opportunity zone program are private equity firms, with Salt Lake City, Utah-based Bridge Investment Holdings topping the list with $3.7 billion in opportunity zone funds.
-
June 06, 2025
Barings Lends $548.5M To Refinance Multifamily Portfolio
Barings has provided a $548.5 million loan to Thompson Thrift to refinance a portfolio of nine apartment properties spanning six states, the company said.
-
June 05, 2025
Multifamily REIT Hit With Housing Voucher Bias Suit
A civil rights nonprofit has accused multifamily real estate investment trust AvalonBay Communities Inc. of discriminating against tenants who use housing vouchers by falsely advertising the bedrooms in one of its District of Columbia properties.
-
June 05, 2025
Mich. Judge Trims Property Owners' Foreclosure Surplus Suit
A Michigan federal judge trimmed a proposed class action filed by former property owners who accused Wayne County of wrongfully refusing to pay them surplus proceeds from tax foreclosure sales.
-
June 05, 2025
Ga. Real Estate Firm Hit With Suit Over Data Breach
Real estate firm Landmark Properties Inc. has been hit with a proposed class action over a May 2025 data breach that allegedly exposed the personal information of residents and employees.
-
June 05, 2025
Colo. Tenant Stuck In Elevator Guards Landlord Neglect Claim
A tenant at a Colorado apartment tower defended purported class claims in federal court against a landlord for charging junk fees, running faulty elevators and otherwise avoiding maintenance after buying the property in 2022.
-
June 05, 2025
EU Wants To Loosen State Aid For Affordable Housing
The European Union wants to address a lack of affordable housing by making it easier for governments to provide state aid to support the construction of new buildings and renovations of existing buildings, the bloc's executive branch said in a consultation.
-
June 05, 2025
'Survivor' Winner Ordered To Pay $3.3M Tax Bill
The first winner of reality competition show "Survivor" must pay his $3.3 million tax bill, but the government is not allowed to enforce tax liens by forcing the sale of two properties, a Rhode Island federal court ruled Thursday.
-
June 05, 2025
Mo. Gov. Adds Property Tax Cap To Special Session Agenda
Missouri's governor announced additional goals for a special session that began this week, including asking lawmakers to put an annual cap on residential property value increases.
-
June 05, 2025
Fed Survey Highlights Disaster Risks To Uninsured Across US
A recent survey from the Federal Reserve Board showing that 7% of U.S. homeowners are going without property insurance underscores a key part of a national housing affordability crisis that is leaving more households with little protection from disasters.
-
June 05, 2025
Shumaker Brings On RE Partner In Fla. From Johnson Pope
Shumaker Loop & Kendrick LLP announced Thursday that it's continuing its Sunshine State hiring spree with a new partner to its real estate, construction and development service line in St. Petersburg, Florida, from Johnson Pope Bokor Ruppel & Burns LLP.
-
June 05, 2025
Real Estate Investment Firm Lands $700M Portfolio Refi
Nitya Capital obtained a $700 million fixed-rate senior loan to refinance its 18-property portfolio composed of Class A student housing and Class B multifamily properties, the Houston-based real estate investment firm announced June 5.
-
June 04, 2025
Property Manager Fired For Complaint About Meme, Suit Says
A Texas-based property management company has been sued by a former employee in Georgia who alleged she was fired after reporting a "racially insensitive" meme sent to her by the company's acting vice president.
-
June 04, 2025
Ill. Atty Faces 1 Year Suspension, Left Watchdog 'Baffled'
An Illinois attorney who was sanctioned $1 million alongside his client for frivolously litigating a condominium governance fight and later helped that client engage in knowingly improper bankruptcy conduct should be suspended for a year and complete a professionalism seminar, a state disciplinary watchdog says.
-
June 04, 2025
What's Behind The Surge In Real Estate Secondaries Market
More and more investors are selling off their stakes in real estate funds to hungry buyers on the secondary market, a trend that attorneys attribute to more than just a need for cash.
Expert Analysis
-
The Repercussions Of FEMA's Wildfire Cleanup Policy Cuts
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
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
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
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
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
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
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
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
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
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
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
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
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.