Residential
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October 23, 2025
Del. Justices Won't Reconsider Gellert Seitz Malpractice Ruling
The Delaware Supreme Court on Oct. 23 rejected a request to reconsider its decision affirming the dismissal of a legal malpractice suit against Gellert Seitz Busenkell & Brown LLC over damages a homebuilder said it suffered due to the firm's negligence handling loan-restructuring disputes, saying the request is "without merit."
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October 23, 2025
Court Won't Rethink 'Survivor' Winner's $3M Tax Bill
A Rhode Island federal judge won't reconsider his opinion that the first winner of reality show "Survivor" must pay $3.3 million in taxes, maintaining that it is unclear whether the federal government can take his sister's property to pay down the debt.
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October 22, 2025
What's Next After Fla. Courts Block Condo Termination Bid
The Florida Supreme Court's decision not to take up a developer's appeal of a ruling blocking its bid to redevelop a Miami condominium tower has amplified debate over laws governing condo terminations and whether state legislators should take action.
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October 22, 2025
Slate Nets $64M Refi For Brooklyn Multifamily Property
Slate Property Group and its development partner Avenue Realty Capital took out a $64 million refinancing loan for The Welz, which is their 19-story, 162-unit multifamily residential building in Brooklyn's East Williamsburg neighborhood, Slate announced Wednesday.
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October 22, 2025
'Forthright' Yardi Source Code Production Beats Rent Suit
Yardi thinks it's found the right formula for beating antitrust litigation targeting algorithms allegedly used to fix prices for rental housing, hotel rooms and more, winning a California state court ruling the software company's attorneys say is the first to nix claims by looking at the source code itself.
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October 22, 2025
REIT Inks $7M Settlement Of Ex-CEO's Class Action Claims
A real estate investment trust has reached a $7.125 million deal to end a proposed investor class action brought by its former CEO alleging its insiders breached their fiduciary duties after the company's common stock was diluted by "disastrous" stock redemption decisions.
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October 22, 2025
DHS Unveils Proposal To Reduce EB-5 Investor Visa Fees
The U.S. Department of Homeland Security on Wednesday rolled out a proposed fee schedule for the EB-5 foreign investor visa program that will see investors paying about 14% less in form fees after a steep fee increase in 2024.
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October 22, 2025
NJ Panel Hints Affordable Housing Rules Fight Is Moot
A New Jersey appellate panel questioned on Wednesday whether 28 towns' challenge to interim affordable housing rules might become moot, as permanent regulations are expected within two months — but municipal attorneys argued the current rules have already forced planning decisions that could be upended.
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October 22, 2025
3rd Circ. Tosses Elderly Woman's Solar Panels Fraud Suit
The Third Circuit on Wednesday backed the dismissal of an elderly woman's fraud claims against two solar panel financiers, which she accused of saddling her with a nearly $100,000 debt after she was tricked getting rooftop solar panels a salesperson told her were free.
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October 22, 2025
2 Firms Help Closer Properties Pick Up $76M NYC Sites
Closer Properties, advised by Paul Hastings, is acquiring six adjacent property parcels on Manhattan's Upper East Side from W Financial, led by Meister Seelig & Fein, in a $76 million all-cash deal amid plans to build luxury housing on the sites.
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October 22, 2025
Ex-NY AGs Say James Case Will Rally Office: 'Fuel To The Fire'
New York Attorney General Letitia James' criminal prosecution is unlikely to have any significant effect on the day-to-day operations of her office, including its suits against the federal government and an appeal in President Donald Trump's nearly $500 million civil fraud case, but former leaders of the office say it could strengthen the resolve of her staff.
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October 22, 2025
Institutional Real Estate Allocations Drop, Rebound Expected
Institutional investors planned to put less capital toward real estate strategies in 2025 than what they had earmarked the year prior, marking the first time Hodes Weill & Associates and Cornell University have seen such a decline since they began surveying over a decade ago.
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October 21, 2025
Tribe's Home Defects Suit Belongs In Arbitration, Judge Told
Lennar Corp. on Tuesday told a Florida state judge that the Seminole Tribe's lawsuit alleging construction defects in more than 550 homes built for its members must be arbitrated, arguing that purchase agreements contain provisions that require the warranty claims to be resolved out of court.
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October 21, 2025
Apartments.com Operator CoStar Beats Video Privacy Suit
A Missouri federal judge tossed a proposed class action alleging the operator of Apartments.com unlawfully shared data about the visitors to the rental website, holding that CoStar Realty isn't covered by the federal Video Privacy Protection Act because it's not a videotape business.
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October 21, 2025
9th Circ. Doubts Finance Guru's Stance In Timeshare Exit Suit
A Ninth Circuit panel signaled on Tuesday that it's unlikely to force arbitration in a proposed class action accusing celebrity financial planner Dave Ramsey of roping his radio show's listeners into a timeshare exit scheme, with two judges emphasizing that Ramsey's argument hinges on a contract that he never signed.
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October 21, 2025
Mich. Court Denies Gov't's Foreclosure Suit Atty Fee Bid
A Michigan appellate panel on Monday determined governments that foreclose on tax-delinquent properties aren't entitled to attorney fees and expenses racked up during litigation over how the surplus proceeds of the property sale are paid out.
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October 21, 2025
NYC Mayor Unveils Jewel Streets Affordable Housing Plan
New York City's mayor announced on Tuesday plans to improve the Jewel Streets area in Brooklyn and Queens by building 1,400 affordable and mixed-income homes, undertaking a rezoning plan that aims to develop an additional 3,600 homes, and investing $146 million to improve local infrastructure.
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October 21, 2025
Ex-Housing Worker Defends $2.3M Hostile Workplace Verdict
A former homeownership coordinator for the public housing authority in Charlotte, North Carolina, has urged a federal judge to let stand her $2.3 million hostile work environment verdict, saying there was more than enough evidence at trial to support the jury's decision.
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October 21, 2025
Arkansas Banks Shoulder Heavy Construction Debt Burden
Several of the nation's most highly leveraged construction lenders are Arkansas banks, as state regulators have greenlighted construction debt levels of more than 10% of total assets at a trio of institutions, according to an investigation by Law360 Real Estate Authority.
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October 21, 2025
Belkin Burden Nabs Condo & Co-Op Expert In Hiring Spree
Belkin Burden Goldman LLP added a condominium and co-op expert to its bench, noting that the new partner has expertise in corporate governance, operations disputes and building management issues.
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October 21, 2025
J&J Appeals $25M Loss In Conn. Builder's Asbestos Case
Johnson & Johnson has appealed its losses in a Connecticut real estate developer's asbestos lawsuit, telling state trial and appellate courts that it plans to challenge denials of multiple bids to reverse a $15 million jury verdict plus an additional $10 million in punitive damages awarded by a judge.
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October 20, 2025
NYC Real Estate Week In Review
Fried Frank, Sheppard Mullin, Gibson Dunn and Morgan Lewis are among the law firms that guided the largest New York City real estate deals that hit public records last week, with two Manhattan trades north of $200 million leading the way.
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October 20, 2025
Wells Fargo Borrowers Defend Mortgage Application Fees Suit
A proposed class of Wells Fargo borrowers is fighting the bank's dismissal bid of their suit, which accuses the bank of wrongfully charging them mortgage application fees and failing to provide proper refunds, arguing in California federal court that Wells Fargo's dismissal motion "mischaracterizes" the named plaintiff's claims.
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October 20, 2025
Miami Board Gives Key Approval For $2B Mixed-Use Project
Rosso Development, Midtown Development and Proper Hospitality, guided by Greenberg Traurig, have secured approval from Miami officials for a $2 billion mixed-use project in the city's Midtown Park neighborhood, setting the stage for construction to begin in 2026.
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October 20, 2025
9th Circ. Nixes Class' Appeal For Reverse Mortgage Loan Suit
The Ninth Circuit tossed an appeal and a related rehearing bid for a proposed class action that accused a company of running an unlawful reverse mortgage loan scheme, ruling that the proposed class of homeowners has agreed with the company to voluntarily drop their appeal.
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.