Residential
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October 07, 2025
2 Firms Guide $135M NYC Office Deal, Teeing Up Resi Build
Greenberg Traurig LLP and Katten Muchin Rosenman LLP guided the $135 million purchase of a New York City office building that buyer Vanbarton Group plans to convert into a residential tower, per county property records.
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October 07, 2025
Simpson Thacher Atty On Making New REIT Blueprints
The real estate investment landscape has changed dramatically in recent years, as alternative asset managers — and their counsel — have pioneered ways to tap into new sources of capital. Simpson Thacher partner Benjamin Wells spoke to Law360 about the changes he's seen, how to navigate regulatory shifts, and how real estate investment trusts may continue to reinvent themselves.
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October 07, 2025
Developer Wants Permit Fee Suit Against Miami Revived
A developer on Tuesday asked a Florida appeals court to revive its claims against the city of Miami for allegedly overcharging builders permit and inspection fees, saying the city's unlawful carrying forward of the excess funds violates a state law limiting these actions.
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October 07, 2025
Fla. Bayfront Condo Building Posted For Bulk Sale
Blanca Commercial Real Estate and MSP Group have listed a North Bay Village, Florida, bayfront condominium for a bulk sale, the companies announced on Tuesday.
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October 07, 2025
3 Firms Guide Real Estate-Focused SPAC's $200M IPO
Blank-check company BOA Acquisition Corp. II filed plans Monday for a $200 million initial public offering guided by Paul Hastings LLP, Maples and Calder LLP and Proskauer Rose LLP, saying it is seeking to invest directly in real estate and infrastructure assets.
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October 07, 2025
NC Housing Authority Fights $2.3M Hostile Workplace Verdict
The public housing authority in Charlotte, North Carolina, said a jury should never have heard evidence about alleged discrimination in one of its programs during a former coordinator's hostile work environment trial, telling a federal judge to reverse the $2.3 million verdict or order a new trial.
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October 07, 2025
Zillow Can See Anywhere Deal Docs In Compass Antitrust Suit
A New York federal judge partially approved real estate listings company Zillow Inc.'s discovery motion in brokerage Compass Inc.'s antitrust suit over Zillow's listings policy, ruling that Compass must provide Zillow with specific documents related to its $1.6 billion all-stock acquisition of Anywhere Real Estate Inc.
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October 07, 2025
Mich. Court Scraps Ruling That Affirmed Solar Farm Permit
A Michigan state appeals court tossed a ruling that upheld a township's permit for an Invenergy subsidiary's industrial-scale solar farm, concluding that its board of trustees failed to sufficiently explain or provide a basis for its decision.
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October 07, 2025
Title Insurer Fights Mortgage Lender's Fraud Claim
A title insurer has no duty to pay a mortgage lender's claim over a $510,000 loan a borrower alleged was fraudulent, it told a North Carolina federal court, saying its closing protection letter explicitly excludes coverage for third-party fraud and that no policy was ever issued.
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October 07, 2025
Calif. Allows Tax Break For Solar Property Until Owner Change
A California property tax exclusion for newly built solar energy systems that is set to end in 2027 will continue to apply until there is a change in a qualifying property's ownership under a bill signed by Democratic Gov. Gavin Newsom.
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October 06, 2025
Convicted Investor Puts More Properties Into Ch. 11
A company and several affiliates associated with convicted real estate investment fraudster Moshe "Mark" Silber filed for Chapter 11 on Monday in New Jersey bankruptcy court with up to 199 estimated creditors and up to $500 million in estimated liabilities.
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October 06, 2025
Labor, Energy Groups Challenge EPA's $7B Solar Cancellation
A coalition of the labor and solar energy industry players on Monday alleged the U.S. Environmental Protection Agency violated the Constitution and federal law by canceling a $7 billion program providing solar equipment to low-income households.
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October 06, 2025
Homeowners Group Denied Social Welfare Tax Break
A Texas homeowners association doesn't qualify for an exemption from federal income tax available to social welfare nonprofit organizations, the U.S. Tax Court said Monday.
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October 06, 2025
Resi Developer Nabs 300-Acre Site In Baja, Calif.
Vacation property developer International Land Alliance Inc. announced Monday that it will purchase a 300-acre site near one of its existing master-planned communities in Baja, California.
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October 06, 2025
Angels Owner Testifies Noise Issue Marred NYC Penthouse
Los Angeles Angels owner Arte Moreno testified Monday that he became "very concerned" about noise from a fire suppression system, as a Manhattan federal judge weighed his claim for the return of an $8.5 million deposit he made in a Park Avenue penthouse deal that never closed.
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October 03, 2025
Denver Tries To Ditch Suit Over Building Emissions Ordinance
The city and county of Denver have pushed for the dismissal of a suit filed by real estate trade groups challenging regulations on greenhouse gas emissions from buildings, arguing on Friday in federal court the goal of the regulations is "to avoid the injuries plaintiffs ascribe to it."
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October 03, 2025
Wells Fargo Wants Out Of Mortgage Fee Refund Class Claims
Wells Fargo Bank NA has asked a California federal court to dismiss a proposed class action accusing it of making futile efforts to resolve mortgage origination fee errors, saying that even if the plaintiff was entitled to relief, the claims are time-barred.
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October 03, 2025
Vacation Home Ownership Co. Pacaso Raises $73M In Offering
A San Francisco company offering a marketplace for co-owned luxury vacation homes raised $72.5 million in a deal it said was the largest real estate Regulation A raise of the year.
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October 03, 2025
Greenberg Traurig Guides $90M Loan For Crypto-Backed Build
Miami developers Ciprés and Rilea Group said they have secured $90 million in construction financing advised by Greenberg Traurig LLP for a luxury condominium project that previously turned to cryptocurrency for fundraising.
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October 03, 2025
Miami Beats Suit Over Alleged RE Plot Involving Ex-City Atty
A Florida state appeals court reversed the denial of the city of Miami's motion to dismiss a civil conspiracy claim brought against it by a man who accused city workers of conspiring with the former city attorney and her husband to purchase houses with multiple code violations at below-market value and sell them for a profit.
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October 03, 2025
NY AG, Bronx Landlord Settle Tenant Blacklisting Claims
New York state's Office of the Attorney General announced Friday that it has settled its tenant blacklisting claims against Bronx landlord Parkchester Preservation Management LLC, which was accused of illegally rejecting prospective tenants because of housing court records that showed the applicants were part of tenant-landlord litigation.
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October 03, 2025
Justices To Weigh Compensation In Tax-Foreclosure Sale
The U.S. Supreme Court agreed Friday to take up a case contending that a deceased homeowner's estate was denied its constitutionally owed compensation when a Michigan county sold a tax-foreclosed property at a fraction of its fair market value.
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October 03, 2025
Nixon Peabody Bolsters Real Estate, Tax Teams With 4 Hires
Nixon Peabody LLP has hired four lateral counsel with in-house, government and BigLaw experience for its project finance, infrastructure and real estate departments.
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October 03, 2025
NC Couple Say State Bungled Replacement Home Project
A married North Carolina couple have hit the state government and a general contractor with a Fair Housing Act and an Americans with Disabilities Act suit, alleging in North Carolina federal court that the defendants' replacement for their hurricane-damaged home is inaccessible for wheelchair use.
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October 03, 2025
Investors Ask To Finalize $1.3M Deal In Real Estate Fraud Case
A class of investors has moved in Ohio federal court for final approval of a $1.3 million settlement to end racketeering claims against a house-flipping operation accused of using subsidiaries to mask self-dealing.
Expert Analysis
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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California Climate Lawsuit Bill Is Constitutionally Flawed
A bill in the California Legislature that would let victims of climate-related disasters like the Los Angeles wildfires sue oil and gas producers for spreading misinformation about climate change is too vague, retroactive and focused on one industry to survive constitutional scrutiny, says Kyla Christoffersen Powell at the Civil Justice Association of California.
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The Current And Future State Of Bank-Fintech Partnerships
Though the Consumer Financial Protection Bureau under President Donald Trump seems likely to cultivate an environment friendlier to the financial services industry, bank-fintech partnerships should stay devoted to proactive compliance and be ready to adapt to regulatory shifts that may intensify scrutiny from enforcers, say attorneys at Greenberg Traurig.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Navigating Mortgage Insurance Provisions After LA Fires
As homeowners affected by the Los Angeles wildfires consider rebuilding, mortgage lenders and servicers must negotiate the complex intersection between the standard deed of trust and property insurance, says Heather Wright at Buchalter.
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Class Actions At The Circuit Courts: February Lessons
In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses five federal appellate court class certification decisions and identifies practice tips from cases involving breach of life insurance contracts, constitutional violations of inmates and more.