Residential

  • September 26, 2022

    Gibson Dunn Adds Real Estate Attorney In Orange County

    Gibson Dunn & Crutcher LLP has recruited a real estate expert who previously served as general counsel for a multifamily and mixed-use development company to join its Orange County, California, office as of counsel.

  • September 23, 2022

    Kushner Co. To Pay Md. $3.25M To End Rental Upkeep Claims

    A property management company partially owned by former President Donald Trump's son-in-law Jared Kushner agreed to pay $3.25 million plus restitution to end claims from the state of Maryland that its rental properties were poorly maintained, the state announced Friday.

  • September 23, 2022

    Builder Owes $741K For Navy Housing Work, Architect Says

    A Michigan-based company failed to pay an architect for $741,124 worth of work it was subcontracted to perform at U.S. Naval Academy housing in Annapolis, Maryland, according to a suit filed Thursday in Maryland federal court.

  • September 23, 2022

    Real Estate Rumors: Principal, Diversified Partners, Baldwin

    Principal Life Insurance has reportedly loaned $57.9 million for an Arizona multifamily project, Diversified Partners reportedly could redevelop an Illinois golf course, and Alec Baldwin is said to be seeking a $29 million sale of a Hamptons estate.

  • September 23, 2022

    Judge Trims Fannie, Freddie Investors' Stock Profit Suit

    A D.C. federal judge on Friday partially granted Fannie Mae and Freddie Mac summary judgment on the remaining claim in a class action alleging the government misstepped when tweaking stock purchasing agreements allowing it to "sweep" the companies' net worth.

  • September 23, 2022

    Del. Court Pauses Cell Tower Co. Sale After Investor Sues

    Delaware's Chancery Court on Friday put on hold a pending deal for telecommunications infrastructure firm Parallel Infrastructure LLC, after Australia-based property investor Lendlease America Inc. sought an emergency court order to stop the sale.

  • September 23, 2022

    Austin Turns To Shuttered Schools For Teacher Housing

    Amid an exodus of priced-out teachers and families moving to Austin's suburbs, the Austin Independent School District is planning to leverage its most significant asset to alleviate the problem — its land.

  • September 23, 2022

    NYC Mayor Signs Order To Cut Emissions In City Construction

    New York City Mayor Eric Adams signed an executive order Friday requiring capital project agencies to commit to specific actions to cut greenhouse gas emissions from city construction developments.

  • September 23, 2022

    3rd Circuit Wants New Sentence For Broker Out Of Prison

    A real estate broker released from prison in August after a fraud conviction may face a new sentencing after the Third Circuit found he attempted to argue for a lighter sentence, violating a plea agreement with the government.

  • September 23, 2022

    NC Live-In Staff Win Conditional Cert. In FLSA Suit

    A proposed class of workers won conditional certification on Friday for an overtime wages collective action against a nonprofit that provides housing for people with intellectual disabilities.

  • September 23, 2022

    A Major Test For Mass Timber

    Engineers in San Diego are on the verge of learning just how much seismic shaking a new generation of wood building materials can take.

  • September 23, 2022

    Tenn. ALJ Says Homeowners Fail To Establish Reduced Value

    Tennessee homeowners cannot have the valuation of their property reduced by arguing that its value should be similar to that of nearby properties, a state administrative law judge ruled, as no adjustments to comparables were made.

  • September 23, 2022

    Wash. Tax Dept. Says Property Transfer Subject To Tax

    A Washington state property transfer that was part of the dissolution of a partnership was subject to the state's real estate excise tax, the state tax department said, because the transaction relieved the grantors of debt on the property.

  • September 23, 2022

    Fla. Boutique AVILA Adds Real Estate Senior Counsel

    South Florida Boutique Avila Rodriguez Hernandez Mena & Garro LLP hired a new real estate transactions senior counsel who was part of a family firm for more than 16 years.

  • September 23, 2022

    HUD Awards 19,000 New Housing Vouchers Nationwide

    Nearly 2,000 public housing agencies nationwide will benefit from 19,000 new housing vouchers awarded by the U.S. Department of Housing and Urban Development on Friday, just weeks after the agency inflated vouchers' values for struggling renters.

  • September 22, 2022

    Attys Secure $80M Fee Award In Calif. Oil Spill Settlement

    The California federal judge who oversaw the seven-year class action fight waged by California fishers and property owners harmed by an oil spill says the Lieff Cabraser and Keller Rohrback attorneys behind the litigation deserve their nearly $80 million payday.

  • September 22, 2022

    Insurer Drops Suit Against Ex-Condo Board President

    An insurer voluntarily dismissed its case Thursday in Illinois federal court against a former condo board president who is suing his homeowners association, its board and others in an insured-versus-insured suit brought over mismanagement, bullying and theft claims, among other things.

  • September 22, 2022

    Bar Owner's 'Suspicious' Testimony Dooms TM, TTAB Finds

    The company behind a New York cocktail bar failed to convince the Trademark Trial and Appeal Board to cancel a trademark registration on the term "Happiest Hour," with the board finding in a precedential opinion that the bar owner's testimony was inconsistent and contradictory.

  • September 22, 2022

    NYC Offers 1st Social Bonds To Cover $400M Housing Loans

    Proceeds from New York City's inaugural $400 million issuance of social bonds are expected to reimburse city spending on 16 affordable housing projects in what experts described as an increasingly popular strategy to drum up investor interest.

  • September 22, 2022

    Ballard Spahr Adds Veteran Real Estate Atty In Minneapolis

    Veteran real estate attorney Angela Christy joined Ballard Spahr LLP's real estate department and affordable housing and community development group as a new partner based in Minneapolis, the firm announced Thursday.

  • September 22, 2022

    Tenn. ALJ Rejects Couple's Bid To Cut $816K Home Valuation

    A Tennessee administrative law judge rejected a couple's attempt to reduce the $816,100 valuation of their home, saying their argument that a larger, neighboring house was assessed at a lower amount didn't justify cutting the property's value.

  • September 22, 2022

    Real Estate Rumors: Black Lion, ICO Group, WTI Capital

    Black Lion has reportedly paid $6.4 million for a Miami retail space, ICO Group is reportedly hoping to get $69.8 million with the sale of a shuttered Los Angeles hotel, and WTI Capital is said to have scored $54.8 million in financing for a Florida multifamily property.

  • September 22, 2022

    Construction Co. Can't Escape Gold King Mine MDL

    A New Mexico federal judge has shot down contractor Harrison Western Construction Corp.'s request to be let out of a lawsuit from Navajo farmers over the 2015 Gold King Mine spill, rejecting the Colorado-based company's assertion that the court lacks jurisdiction.

  • September 22, 2022

    Marriott Robocall Claims Against Timeshare Co. Largely Axed

    A Virginia federal judge tossed several of Marriott International Inc.'s claims against timeshare company ResortCom, which was accused of being part of a robocall scheme, ruling that the hotel giant had failed to plausibly allege that ResortCom knew that the companies it worked with were infringing on Marriott's trademark.

  • September 22, 2022

    Fla. Condos Sue Insurers Over Hurricane Irma Damage

    Two Miami-area condo associations sued their insurers Wednesday for allegedly not covering millions of dollars of damage from Hurricane Irma.

Expert Analysis

  • 8th Circ. Ruling Clarifies Bankruptcy Rent Cap Guidance

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    The Eighth Circuit in Lariat Cos. Inc. v. Wigley resolved a rarely addressed question of whether the balance of a landlord's state law claim is viable against other entities outside of bankruptcy after the application of a statutory rent cap, providing valuable guidance for debtor-tenant counsel, says Brian Shaw at Cozen O'Connor.

  • 3 Predictions For Mortgage Industry As Foreclosures Mount

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    In light of recent regulatory safeguards aimed at stemming the rising tide of mortgage foreclosures, James Sandy at McGlinchey Stafford offers his predictions of what the new year might have in store for loan servicers and others in the residential mortgage industry.

  • 2 Insurance Rulings Showcase Trend Favoring Appraisal

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    Two recent decisions from a Florida state court and the Tenth Circuit are consistent with the purpose of, and overwhelming judicial preference toward, appraisal as a means of property claim resolution, ensuring that policyholders have further support in employing this tool against a reluctant insurer, say Matthew Weaver and Jessica Gopiao at Reed Smith.

  • Ohio Tax Talk: Property Tax Bill May Affect School Revenues

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    A bill pending in the Ohio Legislature proposing changes to the real property tax valuation process could lead to a decrease in school district challenges to property tax adjustments — and therefore a dip in the school districts' property tax revenues, says Yazan Ashrawi at Frost Brown.

  • US Needs Strategy On Unwinding Eviction Moratorium

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    A national set of eviction rules from the Biden administration remains the best U.S. hope for preventing uneven responses and unequal COVID-19 recovery throughout the country, as the end of the federal moratorium threatens an onslaught of eviction actions and bankruptcy filings, say Jonathan Carson and Eric Kurtzman at Stretto.

  • Evaluating Assistance Animal Requests Under The FHA

    Excerpt from Practical Guidance
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    Attorneys at Offit Kurman examine how housing providers should consider reasonable accommodation requests related to assistance animals under the Fair Housing Act when faced with challenges such as no-pet policies and potential burdens created by such animals.

  • 5 Policy Changes To Prevent Another Surfside Tragedy

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    As a result of the collapse of the Champlain Towers South in June, state and local governments will likely take steps to strengthen building regulations and ensure that condominium associations maintain adequate reserve funds to perform necessary repairs, say Michael Polentz and Daniel Abram at Manatt.

  • Best Practices As More Retailers Join The Secondhand Space

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    Retailers entering the burgeoning secondhand market face best practice issues that traditional sellers may not be accustomed to considering, including the risk of deceptive reference pricing and extensive regulations under California's secondhand dealer law, say attorneys at Steptoe & Johnson.

  • Resolving When Fla. Consumer Statute Gives Cos. Standing

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    Courts in Florida have struggled over whether a business has standing to bring a claim under the Florida Deceptive and Unfair Trade Practices Act when consumers suffer harm — but there is an argument that has not yet been considered that could resolve the question, say Aaron Weiss and Michael Zilber at Carlton Fields.

  • 7 Questions Condo Buyers Must Ask In Light Of Fla. Collapse

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    Condominium owners are potentially the least informed group of real estate purchasers, but following Florida's Champlain Towers tragedy, buyers should take steps to gather crucial information to assess the safety and property value of prospective purchases, says Tyler Berding at Berding & Weil.

  • FTC's New Approach Creates Challenges For M&A Deals

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    The Federal Trade Commission's recently announced shift in how it will review proposed mergers and acquisitions is part of a broader trend toward increased, social policy-oriented antitrust enforcement, so parties should prepare for longer, more expansive FTC reviews and greater regulatory risks, say attorneys at Fried Frank.

  • Enviro Review Standard Tweaks May Clarify Cleanup Liability

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    Forthcoming revisions to the standard for Phase I environmental site assessments will likely afford property owners and operators clearer protection from liability for hefty environmental cleanups, so interested parties in real estate and M&A deals should pay close attention, say Lorene Boudreau at Ballard Spahr and Mitchell Wiest and Sara Redding at Roux Associates.

  • NY Debt Collection Ruling's Narrow Application For Lenders

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    The New York Supreme Court's recent ruling in Citibank v. Yanling Wu, that licensure as a debt collection agency wasn't necessary to prosecute a mortgage foreclosure, should not be read too expansively, and leaves open whether the failure to meet the licensure requirements could constitute a foreclosure defense, says Christopher Gorman at Abrams Fensterman.