Residential

  • September 29, 2022

    Real Estate Rumors: Alan Roberts Trust, Rastegar, Highwoods

    The Alan Roberts Trust reportedly could fetch $65 million with the sale of a Beverly Hills mansion, Rastegar Property is said to have inked a one-year sublease deal for space in New York, and Highwoods Properties is reportedly in talks to buy a Dallas mixed-use tower.

  • September 29, 2022

    First Guaranty Approved For Ch. 11 Docs With Creditor Deal

    Unsecured creditors of bankrupt mortgage lender and servicer First Guaranty Mortgage Corp. withdrew an objection to the debtor's Chapter 11 disclosure statement Thursday after the company announced a deal with the creditors committee in the case.

  • September 29, 2022

    11th Circ. Revives Florida Man's HOA Discrimination Suit

    The Eleventh Circuit revived a Florida man's discrimination suit against a Boca Raton homeowners association on Thursday, finding that a lower court should have considered the man's proposed accommodations before ruling that the association had resolved the dispute.

  • September 29, 2022

    Williams Kastner Atty Goes In-House As GC At Real Estate Co.

    Real estate company John L. Scott has added a seasoned real estate attorney from Williams Kastner & Gibbs PLLC as the company's general counsel for the offices in Washington state, Oregon, Idaho and California, the company announced.

  • September 29, 2022

    Ga. Panel Issues Mixed-Bag Ruling In Property Transfer Case

    A Georgia resident's transfer of three properties while in default on a $2 million bank loan was fraudulent, the Georgia Court of Appeals found Thursday, reversing a lower court's finding about a fourth property transfer.

  • September 29, 2022

    Citizens Bank Defeats RI Mortgage Escrow Interest Suit

    Because it is chartered by the federal government, Citizens Bank is not subject to a state law that requires interest payments on money held in escrow for mortgage loans, a Rhode Island federal judge ruled on Wednesday.

  • September 28, 2022

    Calif. Gov. Signs Bill To Boost Multifamily Housing Production

    California Gov. Gavin Newsom signed a bill Wednesday to strengthen multifamily housing production by making it easier for developers to build in commercial corridors.

  • September 28, 2022

    US Took Land During Rail-Trail Talks, Fed. Circ. Finds

    The Federal Circuit on Wednesday sided with a lower court in finding the government temporarily took land from Indiana property owners while a rail company weighed turning abandoned land into a trail, but determined the taking expired sooner than the lower court found.

  • September 28, 2022

    Justices Told 9th Circ. Ruling 'Eviscerated' Antitrust Precedent

    A realtors trade organization urged the U.S. Supreme Court to put to bed a smaller rival's lawsuit challenging an internal policy for its members, arguing that a Ninth Circuit decision reviving the case "eviscerated" high court antitrust precedent.

  • September 28, 2022

    Feds Ink $13M Redlining Settlement With NJ's Lakeland Bank

    The U.S. Department of Justice announced Wednesday that New Jersey's Lakeland Bank has agreed to a roughly $13 million settlement over allegations it discriminated against Black and other minority borrowers in the Newark area through lending practices known as redlining.

  • September 28, 2022

    San Francisco Violating Rights Of Homeless People, Suit Says

    An advocacy group sued the city of San Francisco in Northern California federal court on Tuesday for removing homeless encampments without providing people an alternate place to go.

  • September 28, 2022

    Calif. AG Conditionally Allows Sale Of California Senior Homes

    Real estate firm Pacifica Companies LLC has been given the green light to purchase two Northern California retirement homes from a struggling nonprofit after the Golden State's attorney general conditionally approved the acquisition Tuesday.

  • September 28, 2022

    Zillow Says Magazine Can't Take Claims To Vt. High Court

    Zillow Inc. argued in Vermont federal court this week that a home listing magazine can't take its unfair competition claims against the real estate website to the state's high court after a federal judge dismissed the lawsuit in August.

  • September 28, 2022

    5th Circ. Revives EEOC Suit Over Mexican Manager's Firing

    A Texas apartment management company must face an Equal Employment Opportunity Commission suit alleging it fired a Mexican property manager because she was pregnant and the complex's owners preferred white workers, after the Fifth Circuit said a trial court was wrong to rule she wasn't qualified for the job.

  • September 28, 2022

    Dentons Guides $69M Loan For Fla. Apartment Complex

    Dentons advised on a $68.5 million loan made by PNC Bank to Enclave Apartments Property LLC for a multifamily property in Jacksonville, Florida, according to records made public recently.

  • September 28, 2022

    Real Estate Rumors: Jenner & Block, Schwarzman, Pourtavosi

    Jenner & Block is reportedly leasing 5,600 more square feet in Manhattan, Stephen Schwarzman is said to have dropped more than $87 million on an England estate and cannabis entrepreneur Cobby Pourtavosi is said to have picked up a Los Angeles Sheraton for $54.5 million.

  • September 28, 2022

    Mo. University's Enrollment Dip Lowers Off-Campus Apt. Value

    An off-campus apartment for students at the University of Missouri should have its value lowered due to decreased enrollment at the school, the Missouri State Tax Commission ruled.

  • September 28, 2022

    SC Atty, Experian Settle Dispute Over Credit Report Mix-Up

    A South Carolina lawyer who accused Experian of costing her a shot at being a judge has settled her suit with the credit reporting giant, according to a Tuesday federal court filing.

  • September 28, 2022

    Levine Kellogg Adds Miami Developer GC To Litigation Group

    Levine Kellogg Lehman Schneider & Grossman LLP has tapped a new litigation partner in Miami who formerly served as general counsel to Miami real estate developer Terra Group and a partner at Kluger Kaplan Silverman Katzen & Levine LC, the firm announced Wednesday.

  • September 28, 2022

    DOJ Hits Mo. Apartment Complex With Disability Bias Suit

    The U.S. Department of Justice accused a St. Louis, Missouri, apartment complex and its developers of discriminating against people with disabilities by failing to design units accessible to wheelchair users and residents who are visually impaired.

  • September 28, 2022

    Insurer Beats Coverage Suit Over $3.4M Faulty Work Claim

    Acuity, A Mutual Insurance Co. has no coverage obligations to an architectural design company facing a $3.4 million counterclaim in the company's own copyright suit over work on a building in Iowa, an Illinois federal judge ruled, finding that faulty workmanship claims do not constitute an occurrence.

  • September 28, 2022

    Norris McLaughlin Grows M&A, Real Estate With 6 Attys

    Norris McLaughlin PA has added a new partner from Chiesa Shahinian & Giantomasi PC and five new associates to its offices in New Jersey, New York and Pennsylvania, the firm has announced.

  • September 28, 2022

    Mass. Real Estate Broker Gets 30 Mos. For Ponzi-Like Scheme

    A Boston-area real estate broker was sentenced to 2½ years in prison Wednesday for running a $1.7 million Ponzi-like scheme to steal buyers' deposits on properties he lied about representing.

  • September 27, 2022

    Colliers Eyes Growth Guiding Condos On New Fla. Safety Law

    With Florida condominium associations facing heightened concerns and significant new state requirements regarding building safety in the wake of the deadly 2021 Surfside high-rise collapse, a heavyweight in real estate services is looking to leverage its experience in the commercial arena to help guide them through the process.

  • September 27, 2022

    NYC Tenants Accuse Landlord Of Harassment, Neglect

    Three tenants filed suit in New York state court against the owner of a Manhattan apartment building, claiming the landlord and its affiliates failed to maintain the property, harassed the trio and stood by as they were locked out of their apartment.

Expert Analysis

  • 9th Circ. FCRA Ruling Highlights Furnishers' Role In Disputes

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    A recent Ninth Circuit decision in a consumer credit reporting suit against CitiMortgage raises a host of legal questions, and is an opportunity for creditors that furnish information to consumer reporting agencies to evaluate how they respond to consumer disputes and assess their overall compliance with the Fair Credit Reporting Act, say Sasha Leonhardt and Cierra Newman at Buckley.

  • What Endless Tolling Of Claims Means For NY Litigation

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    A New York state court's decision in Freedom Trust v. HSBC Bank theoretically allows New York litigants to toll their claims forever, to the benefit of both plaintiffs and defendants, who will have more time to either build their case or aim for resolution outside the courts, say attorneys at McKool Smith.

  • Why NY Foreclosure Abuse Prevention Act Should Pass

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    The Foreclosure Abuse Prevention Act, under consideration by the New York Senate, aims to prevent manipulation of the statute of limitations and should be championed by all who favor an even-handed and consistent application of the law, say Jeffrey Cohen and Christopher Gorman at Abrams Fensterman.

  • Enviro Assessment Rule May Help Lower Buyers' PFAS Risks

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    The U.S. Environmental Protection Agency's new rule incorporating the latest American Society for Testing and Materials standard for Phase I environmental site assessments should be helpful for purchasers of real property seeking greater protection against liability for per- and polyfluoroalkyl substances, say attorneys at Alston & Bird.

  • UC Berkeley Case Highlights Need To Narrow CEQA's Reach

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    Following the California Supreme Court's UC Berkeley decision last year, the California Environmental Quality Act was recently amended to clarify that college enrollment increases are not subject to CEQA review — a reminder of the need to keep the act focused on advancing key environmental objectives, says Liz Klebaner at Nossaman.

  • Condo Termination Considerations For Fla. Developers

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    Proposed changes to Florida law could increase costs for condominium owners, but the termination process creates an opportunity for developers to avoid those costs as long as they are prepared for potential roadblocks, says Barry Lapides and Edward Baker at Berger Singerman.

  • NY Foreclosure Bills Would Destroy A Key Consumer Right

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    If passed, New York’s Foreclosure Abuse Prevention Act would end a lender’s right to undo a mortgage acceleration after default and stop the statute of limitations to enforce accrual, thereby eliminating homeowners’ hard-won right to cure payment defaults, with disastrous consequences for consumer borrowers, says Adam Swanson at McCarter & English.

  • Justices Must Apply Law Evenly In Shadow Docket Rulings

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    In recent shadow docket decisions, the U.S. Supreme Court has inconsistently applied the requirement that parties demonstrate irreparable harm to obtain injunctive relief, which is problematic for two separate but related reasons, says David Hopkins at Benesch.

  • How Mortgage Duty Of Care Opinion May Affect Calif. Tort Law

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    In Sheen v. Wells Fargo, the California Supreme Court recently rejected the idea that mortgage borrowers are owed a duty of care in the loan modification application process, but the limited holding leaves the door ajar for other borrower tort claims against lenders and loan servicers, says Jarrett Osborne-Revis at Buchalter.

  • EPA Lead Paint Shift Could Boost Property Managers' Liability

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    The U.S. Environmental Protection Agency's recent revisions to a guidance document on removal of lead-based paint from residential buildings suggests that going forward, the agency may in many cases hold property management companies to the same liability standards as contractors performing lead-related work, says Susan Richardson at Kilpatrick Townsend.

  • Condo Termination Considerations For Fla. Unit Owners

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    Condominium terminations are one option for Florida unit owners to minimize future expenses and liabilities in the wake of the Surfside tragedy and increasing upkeep costs, but first, owners must understand the intricacies and timeline of the process, say Barry Lapides and Edward Baker at Berger Singerman.

  • When Termination Is An Option For Aging Fla. Condos

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    As condominium associations in Florida are confronted with impending repair costs and scrutiny following the Surfside tragedy, termination may be a beneficial solution but requires thorough understanding of key financial and legal considerations, say Barry Lapides and Edward Baker at Berger Singerman.

  • New York's Good Cause Eviction Bill Is Problematic

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    The New York Senate is currently considering a good cause eviction law intended to protect residential tenants, but the bill is rife with murky language and would leave property owners with little to no recourse in a variety of absurd scenarios, says Alexander Lycoyannis at Rosenberg & Estis.