Residential
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October 16, 2025
Parker Poe Adds Onetime Stites & Harbison Office Leader
Parker Poe Adams & Bernstein LLP has brought on the former leader of Stites & Harbison PLLC's Atlanta office to its own office in the city, bolstering its real estate and finance services with an attorney who brings four decades of legal experience.
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October 16, 2025
Justices Asked To Rethink Gellert Seitz Malpractice Ruling
Lawyers for a homebuilder are asking Delaware's Supreme Court to reconsider its decision affirming the dismissal of a legal malpractice suit against Gellert Seitz Busenkell & Brown LLC over damages the builder said it suffered due to the firm's negligence handling loan-restructuring disputes, arguing that key issues have been left unresolved.
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October 16, 2025
NY Enacts Property Tax Breaks For Some Developments
New York will create a property tax exemption for some residential property transferred to low-income households and expand a property tax exemption for redeveloped family homes under bills signed by Democratic Gov. Kathy Hochul on Oct. 16.
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October 16, 2025
Mass. Board Reduces Condo Value For Its Street Proximity
A Massachusetts condominium unit with a desirable view was overvalued by a local assessor, a state panel said, agreeing with the owner that its location close to a street was a detriment to its value.
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October 16, 2025
Mass. Tax Board Reduces Condo's Fair Cash Value
A Massachusetts condominium's value should be lowered because the trust that owns the property proved that the property was less updated and smaller compared with similar properties, the state tax board ruled.
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October 15, 2025
How Brownfield Legislation Can Spur More Housing In Calif.
The extension of a key legal tool in California for easing development on contaminated sites can relieve the state's housing shortage, though more work can be done to improve the legislation and make it work better with other environmental regulations, according to a partner at Cox Castle & Nicholson LLP.
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October 15, 2025
Pantzer Closes Real Estate Fund At Over $1B
Institutional fund manager Pantzer Properties said it has raised more than $1 billion for a real estate fund that aims to acquire and oversee "institutional-quality" U.S. multifamily properties located on the country's East Coast.
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October 15, 2025
Ga. Justices Stand By Holding That Runoff Fees Aren't Taxes
The Supreme Court of Georgia has for the second time ruled that a landowner can't use a constitutional challenge to get out of paying stormwater utility bills to its local government, declining Wednesday to overturn a decade-plus precedent that ruled the county was enforcing a fee rather than a tax.
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October 15, 2025
AGs Concerned About Landlord Settlements In RealPage Case
Attorneys general of the District of Columbia and three states told a Tennessee federal court Wednesday that they have concerns about a combined $141.8 million worth of class settlements for antitrust claims against several multifamily landlords that allegedly used property management software company RealPage Inc.'s technology for rent price-fixing.
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October 15, 2025
Crescent Heights Nets $238M Refi For Miami Apartment Tower
Real estate firm Crescent Heights obtained a $238 million loan to refinance a luxury residential building in Miami's Edgewater neighborhood, the parties announced Wednesday.
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October 15, 2025
NY Wins Suit Over Rent Hikes At Manufactured Homes Park
A state court judge sided with New York in its suit accusing the owners of a 324-lot manufactured homes park of illegally raising rents and violating state and local sanitary regulations by failing to maintain the property's water and septic systems.
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October 15, 2025
Loan Originator Gets 1½ Years For $10M Mortgage Fraud
An Illinois federal judge sentenced a loan originator to 1½ years in prison Wednesday for his role in a lengthy and complex mortgage fraud scheme that involved conning elderly victims out of an estimated $10 million in home equity.
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October 15, 2025
Southeast US Infrastructure Firm Files $100M IPO Plans
North Carolina-based infrastructure company Cardinal Infrastructure Group has filed plans with the U.S. Securities and Exchange Commission to raise up to $100 million in an initial public offering, a move that comes as a handful of companies continue to submit IPO plans despite the ongoing government shutdown slowing SEC operations.
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October 15, 2025
Real Estate Continues To Hold Interest Of Family Offices
Private funding has become a more important part of real estate's financing puzzle as the industry has navigated a couple of rocky years. As high-net-worth investors gathered at a conference with experts in finance and real estate last week, they offered plenty of signs the fit will remain strong.
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October 15, 2025
Tarter Krinsky Real Estate Chair Sees Office Market 'Normalcy'
Despite lingering economic questions, the office market is starting to reach a state of "normalcy," Tarter Krinsky's real estate leader told Law360 in a recent interview.
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October 15, 2025
More Than 20 Firms Guide 2025's Top Hospitality Deals
Sidley, Fried Frank and Morris Nichols are among more than 20 law firms that have guided the 10-figure hospitality mergers and acquisitions announced through the first three quarters of 2025.
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October 15, 2025
Private Equity Propels Lenders Counsel Inner Circle
Firms putting together large, complex real estate deals often pick their lender's legal counsel, especially in rapidly evolving areas like data centers. Attorneys say the practice makes deals more efficient, but it has prompted ethical questions.
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October 14, 2025
GOP Bill Would Codify Trump Private Equity 401(k) Order
A Montana Republican lawmaker announced Tuesday the introduction of a bill that would codify President Donald Trump's executive order that aims to make it easier for retirement plans to invest in nontraditional 401(k) assets like private equity and cryptocurrency.
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October 14, 2025
Salesloft, AppFolio Face Class Action Over Data Breach
Software companies Salesloft Inc. and AppFolio Inc. were hit with a proposed class action in Georgia federal court over an August data breach that allegedly exposed the personal information of more than 72,000 people who had transacted with AppFolio's real estate industry customers.
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October 14, 2025
Judge Won't Let Mortgage Co. Slip Data Breach Class Action
A Utah federal judge refused to dismiss a proposed data breach class action filed against a mortgage lender, ruling that only the proposed class's unjust enrichment claim will be tossed.
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October 14, 2025
Barnes & Thornburg Adds RE Partners In Dallas, Atlanta
Barnes & Thornburg LLP announced Tuesday it has added attorneys in Dallas and Atlanta to bolster its real estate department, including another addition from Morris Manning & Martin LLP.
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October 14, 2025
Pryor Cashman Guides Stalled Brooklyn Mega Project
A developer advised by Pryor Cashman LLP has joined a joint venture for a 22-acre mixed-used project in Brooklyn that would advance major construction work that was initially announced more than 20 years ago.
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October 14, 2025
NYC Real Estate Week In Review
Mintz Levin, Arnold & Porter and Eckert Seamans are among the law firms that guided the largest New York City real estate deals that hit public records last week, with a pair of nine-figure Manhattan deals leading the way.
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October 14, 2025
Calif. Allows Extended Property Tax Relief After LA Fires
California property owners affected by several fires in Los Angeles County in January will have extended property tax relief under legislation signed by Democratic Gov. Gavin Newsom.
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October 14, 2025
Wachtell, Latham Steer $8.2B Timber Merger Of Equals
Rayonier Inc. and PotlatchDeltic Corp. said Tuesday they have agreed to merge in an all-stock deal that will create an $8.2 billion entity and one of North America's largest publicly traded timber and wood products companies.
Expert Analysis
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Rocket Mortgage Appeal May Push Justices To Curb Classes
Should the U.S. Supreme Court agree to hear Alig v. Rocket Mortgage, the resulting decision could limit class sizes based on commonality under Rule 23 of the Federal Rules of Evidence as opposed to standing under Article III of the U.S. Constitution, say attorneys at Carr Maloney.
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Fla. Condo Law Fix Clarifies Control Of Common Areas
Florida's repeal of a controversial statutory provision that permitted developers of mixed-use condominium properties to retroactively assert control over common facilities marks a critical shift in legal protections for unit owners and associations, promoting fairness, transparency and accountability, say attorneys at Pardo Jackson.
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EDNY Ruling May Limit Some FARA Conspiracy Charges
Though the Eastern District of New York’s recent U.S. v. Sun decision upheld Foreign Agents Registration Act charges against a former aide to New York Gov. Kathy Hochul, its recognition of an affirmative legislative policy to exempt some officials may help defendants charged with related conspiracies, say attorneys at ArentFox Schiff.
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Shifting DEI Expectations Put Banks In Legal Crosshairs
The Trump administration's rollbacks on DEI-friendly policies create something of a regulatory catch-22 for banks, wherein strict compliance would contradict established statutory and administrative mandates regarding access to credit for disadvantaged communities, say attorneys at Husch Blackwell.
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The State Of Play In Copyright Protection For Floor Plans
With questions over copyright protections for floor plans potentially teed up in front of the U.S. Supreme Court, attorneys in the real estate industry should take steps to clarify and strengthen clients' rights and reduce the risk of litigation, says Dylan I. Scher at Quinn Emanuel.
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Florida Case Could Redefine Construction Defect Damages
If a Florida appellate court overturns the trial court in a pending construction contract dispute, the state could experience a seismic shift in construction defect damages, effectively leaving homeowners and developers with an incomplete remedy, says Andrew Gold at Akerman.
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Texas Bill Could Still Boost Property Rights In Gov't Disputes
The passage of a bill in Texas that would provide litigants with access to a greater swath of judicial remedies in immunity disputes with government entities and officials would be an invaluable boon for property rights, says Nathan Vrazel at Munsch Hardt.
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Va.'s Altered Surcharge Law Poses Constitutional Questions
Virginia's recently amended consumer protection law requiring sellers to display the total price rather than expressly prohibiting surcharges follows New York's recent revision of its antisurcharge statute and may raise similar First Amendment questions, says attorneys at Stinson.
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Ore. High Court Ruling Widens Construction Defect Coverage
A recent Oregon Supreme Court decision, Twigg v. Admiral Insurance, dispels the myth that a contractor's liability for defective work is uninsurable if pursued as a breach of contract, say attorneys at Stoel Rives.
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Spoliation Of Evidence Is A Risky And Shortsighted Strategy
Destroying self-incriminating evidence to avoid a large judgment may seem like an attractive option to some defendants, but it is a shortsighted strategy that affords the nonspoliating party potentially case-terminating remedies, and support for a direct assault on the spoliator’s credibility, say attorneys at Mandelbaum Barrett.
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In 2nd Place, Va. 'Rocket Docket' Remains Old Reliable
The U.S. District Court for the Eastern District of Virginia was again one of the fastest civil trial courts in the nation last year, and an interview with the court’s newest judge provides insights into why it continues to soar, says Robert Tata at Hunton.
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Operating Via Bank Charter Offers Perks Amid Industry Shift
As bank regulators become more receptive to streamlining barriers that have historically stood in the way of de novo bank formation, and as fintechs show more interest in chartering, attorneys at Goodwin outline the types of charters available and their benefits.
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CFPB Industry Impact Uncertain Amid Priority Shift, Staff Cuts
A recent enforcement memo outlines how the Consumer Financial Protection Bureau's regulatory agenda diverges from that of the previous administration, but, given the bureau's planned reduction in force, it is uncertain whether the agency will be able to enforce these new priorities, say attorneys at Troutman Pepper.