Residential

  • May 28, 2026

    Impac Wins OK To Swap $24M Debt For Equity In Ch. 11

    Bankrupt home lending broker Impac Mortgage Holdings Inc. received approval on Thursday from a Delaware bankruptcy judge for its restructuring plan that swaps $24 million in senior secured debt for equity.

  • May 28, 2026

    Minn. Adds Property Tax Break, Adopts Federal Changes

    Minnesota will conform with recent federal corporate tax changes, extend its workaround of the cap on deductions for state and local tax payments and provide property and vehicle tax breaks under an omnibus bill signed by Gov. Tim Walz.

  • May 28, 2026

    Tenn. Allows Property Tax Refund Installments As Credits

    Tennessee authorized counties and municipalities to pay property tax refunds via installments applied as future credits if taxpayers agree to such arrangements under a bill signed by the governor.

  • May 28, 2026

    3 Firms Guide Rental Property Software Co. Entrata's IPO Plan

    Rental property management software company Entrata filed for an initial public offering with advice from Wilson Sonsini Goodrich & Rosati PC, Latham & Watkins LLP and Ropes & Gray LLP, saying its revenue grew 23% in the first three months of 2026 compared to the same period last year.

  • May 27, 2026

    Developer Starts Sales Of Miami Rental-Friendly Condo Project

    Developer Robert Finvarb Cos. announced Wednesday that it has launched sales of units in a 15-story, short-term rental-friendly condo project in Miami Beach, Florida, allowing owners to lease the units or use them seasonally.

  • May 27, 2026

    Building Owner UDR Wants DC Sanctioned In RealPage Case

    UDR Inc. is asking a Washington, D.C., Superior Court to sanction the district's attorney general's office for allegedly failing to comply with a discovery order in a case accusing RealPage of helping residential building owners use software to inflate rents.

  • May 27, 2026

    PropertyTek CEO Says AI Can Curb Fraud, Boost Leasing

    Vanessa Anderson, CEO at PropertyTek, whose software platforms serve more than 1 million residential units, spoke with Law360 Real Estate Authority about rental fraud, AI and other trends at the intersection of real estate and technology.

  • May 27, 2026

    Judge Won't Toss NYC Condo Board's Ch. 11

    A New York bankruptcy judge has rejected a bid to dismiss a New York City condo board's contentious Chapter 11 case, finding the board had been entitled to undertake such a proceeding at a meeting it held on the subject.

  • May 27, 2026

    South Street Partners Buys South Florida Condo Hotel Resort

    South Street Partners has picked up a condo hotel resort in Sunny Isles Beach, Florida, from Mast Capital, according to an announcement from the private equity firm.

  • May 27, 2026

    SEC Change Would Ease Nontraded REITs' State Headache

    Tucked inside the U.S. Securities and Exchange Commission's 500-page regulatory proposal to ease capital formation in the public markets are consequential changes for nontraded real estate investment trusts.

  • May 27, 2026

    Conn. Justices Fault Bank In Lost Mortgage Note Dispute

    The Connecticut Supreme Court on Wednesday reversed Wilmington Savings Fund Society FSB's appellate and trial court wins in a foreclosure case surrounding a lost $751,000 mortgage note, finding officials at a mortgage servicing firm submitted deficient and contradictory affidavits to support the bank's right to collect money.

  • May 27, 2026

    DeSantis Calls Special Session For Property Tax Cuts

    Florida lawmakers would phase out property taxes on primary residences under a ballot measure up for consideration next week in a special session called Wednesday by Gov. Ron DeSantis.

  • May 27, 2026

    NY Set To Levy NYC 2nd-Home Tax, Break From Fed. Tax Cuts

    A tax would be imposed on high-value second homes in New York City under a budget bill passed Wednesday by New York state lawmakers that would also decouple the state and city tax codes from certain federal tax breaks for businesses.

  • May 27, 2026

    NYC Real Estate Week In Review

    Goulston & Storrs and Fried Frank are among the law firms that picked up work on the largest New York City real estate deals that hit public records last week, with a foreign investor deal topping the list.

  • May 27, 2026

    Insurer Fights Coverage Bid For Postfire Rental Income Loss

    An insurer and a Minnesota apartment complex owner each urged a federal judge to decide a business interruption coverage dispute in their favor over lost rental income from vacated units in the wake of a fire that destroyed a gym and other resident facilities.

  • May 27, 2026

    CFPB Sued Over 'Drastic' Rollback Of Fair Lending Rules

    The National Fair Housing Alliance sued the Consumer Financial Protection Bureau on Wednesday to overturn the agency's recent rollback of its fair lending regulations, challenging it as an unjustified, unlawful dismantling of protections against credit discrimination.

  • May 27, 2026

    JV Recapitalization To Preserve 4 Affordable Multifamily Sites

    A company using private equity funding to buy and preserve affordable housing in high-cost markets said Wednesday that it has partnered with a Seattle-based wealth management firm on a joint venture to own a group of four multifamily assets.

  • May 26, 2026

    BofA Borrowers Urge High Court To Revisit NY Escrow Suit

    New York borrowers have urged the U.S. Supreme Court to again revive their claims for millions in mortgage escrow interest from Bank of America, arguing the Second Circuit's recent decision to free the bank for a second time still gets federal banking preemption wrong.

  • May 26, 2026

    Houston Firm Wired Cali Man's $1.3M To Criminals, Per Suit

    A California man and a real estate company told a Texas federal judge that a Houston-based law firm improperly distributed money meant to pay off a loan to criminal elements, saying Tuesday that the law firm owes $1.3 million.

  • May 26, 2026

    NYC Mayor Unveils $22B, Five-Year Affordable Housing Spend

    New York City Mayor Zohran Mamdani on Tuesday said the city would spend $22 billion over the next five years as part of a policy proposal to build 200,000 new affordable homes and preserve 200,000 more affordable units over a 10-year period.

  • May 26, 2026

    Zillow's Chicago Home Listings Restored In Antitrust Case

    An Illinois federal judge temporarily restored Zillow's access to some 40,000 Chicago-area home listings that the company argued were wrongly withheld by Compass and a multiple listing service after the platform sought to enforce a ban on posts broadcast first on the private market.

  • May 26, 2026

    Sheppard Leader Sees Tariffs Weighing On Building Budgets

    Developers are having to think twice about their construction budgets as tariffs continue to create pricing uncertainty 13 months after President Donald Trump's "Liberation Day" Rose Garden speech, one of Sheppard's real estate leaders told Law360 Real Estate Authority.

  • May 22, 2026

    Law360 Reveals Titans Of The Plaintiffs Bar

    This past year, 10 lawyers across the country at plaintiffs' firms big and small helped secure millions of dollars in settlements and verdicts for their clients, going up against powerful defendants like Google, Monsanto and the Trump administration, earning the attorneys recognition as Law360's Titans of the Plaintiffs Bar for 2026.

  • May 22, 2026

    Texas Justices Say Appeal Bond Cap Applies Per Debtor

    A split Texas Supreme Court on Friday found that each debtor of a $400 million judgment is subject to the state's bond cap, finding a joint $25 million bond by a group of three real estate defendants insufficient in their bid to pause collection efforts while they appeal a wrongful-death suit judgment.

  • May 22, 2026

    5th Circ. Seeks 'Sound Basis' To Gauge Water Antitrust Claims

    The Fifth Circuit has remanded a real estate developer's antitrust claims over a Texas city's alleged illegal restraint on retail water utility services, saying a lower court did not give the appeals court a "sound basis" to examine the claims.

Expert Analysis

  • Definitions Of 'Waters Of The United States' Ebb And Flow

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    The issue of defining whether "waters of the United States" include streams and channels that sometimes have water and sometimes do not has been fraught since the U.S. Supreme Court's 2006 Rapanos decision, but a possible new rule may help property owners stay out of court, says Neal McAliley at Carlton Fields.

  • Texas Property Law Complicates Financing And Development

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    A new Texas law imposing expansive state-level restrictions on properties owned by entities from designated countries creates a major obstacle for some lenders, developers and other stakeholders, as well as new diligence requirements for foreign companies, say attorneys at Pillsbury.

  • Navigating The New Playbook For SBA 504 Loans

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    As the U.S. Small Business Administration 504 loan program’s relevance grows amid climbing foreclosure activity, regulatory changes and a notable ruling from the Eighth Circuit are reshaping origination and workout strategies, highlighting the need for a national framework to improve resolutions, protect recoveries and support small businesses, says Casey Sieck at Day Pitney.

  • 5 Critical Changes Coming To Bankruptcy Rule 3002.1

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    Residential mortgage lenders and servicers should prepare for significant amendments to Bankruptcy Rule 3002.1 taking effect this December that will impose new filing requirements, codify how creditors handle untimely payment change notices and allow debtors to request status updates, say attorneys at Bradley Arant.

  • Opportunity Zone Overhaul Is Good News For Investors

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    Recently enacted reforms making the qualified opportunity zone program permanent, restoring the basis step-up for capital gains and adding flexibility to the zone designation process enhance the program’s appeal for long-term investment, says Steven Hadjilogiou at McDermott.

  • Texas High Court Decision Could Reshape Contract Damages

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    The Texas Supreme Court recently held that an order of specific performance for a real property transaction doesn't preclude a damage award, establishing a damages test for this scenario while placing the onus on lower courts to correctly determine the proper remedies and quantum of damages, say attorneys at Fried Frank.

  • Navigating The Complexities Of NYC Waterfront Development

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    More than a dozen city, state and federal agencies share oversight of New York City's waterfront, presenting developers and their counsel with both challenges and opportunities to shape the regional and national economy, say attorneys at HSF Kramer.

  • New NY Residential Real Estate Rules May Be Overbroad

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    New legislation imposing a 90-day-waiting period and tax deduction restrictions on certain New York real estate investors may have broad effects and unintended consequences, creating impediments for a wide range of corporate and other transactions, says Libin Zhang at Fried Frank.

  • Compliance Is A New Competitive Edge For Mortgage Lenders

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    So far, 2025 has introduced state and federal regulatory turbulence that is pressuring mortgage lenders to reevaluate the balance between competitive and compliant employee and customer recruiting practices, necessitating a compliance recalibration that prioritizes five key strategies, say attorneys at Mitchell Sandler.

  • What Developers Can Glean From Miami Condo Ruling

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    A Florida state appeals court's recent denial of a Miami condo redevelopment bid offers a detailed blueprint of what future developers must address when they evaluate the condominium's governing declaration and seek to terminate a condominium, say attorneys at Shubin Law.

  • 6 Questions We Should Ask About The Trump Trade Deals

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    Whenever the text becomes available, certain questions will help determine whether the Trump administration’s trade deals with U.S. trading partners have been crafted to form durable economic relationships, or ephemeral ties likely to break upon interpretive disagreement or a change in political will, says Ted Posner at Baker Botts.

  • CEQA Reform May Spur More Housing, But Devil Is In Details

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    A recently enacted law reforming the California Environmental Quality Act has been touted by state leaders as a fix for the state's housing crisis — but provisions including a new theoretically optional traffic mitigation fee could offset any potential benefits, says attorney David Smith.

  • Wells Fargo Suit Shows Consumer Protection Limits In Mass.

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    The Massachusetts Appeals Court's May decision in Wells Fargo Bank v. Coulsey underscores that consumer rights are balanced against the need for closure, and even the broad protections of state consumer protection law will not open the door to relitigating the same claims, say attorneys at Greenberg Traurig.