Residential

  • April 17, 2026

    Colo. Panel Blocks Proposal To Split Land, Building Tax Rates

    A proposal to allow local jurisdictions in Colorado to apply different property tax rates to structures and land was stalled by a state House panel amid concerns from assessors and others.

  • April 16, 2026

    Climate-Insurance Bills Gain Steam In California, Hawaii

    Lawmakers in California and Hawaii are advancing insurance bills that would create new causes of actions against oil companies and expand last-resort coverage. Here, Law360 Insurance Authority breaks down the developments.

  • April 16, 2026

    NYC To Cut Insurance Costs With Publicly Backed Program

    New York City Mayor Zohran Mamdani has announced that the city will launch a publicly backed insurance program for rent-stabilized and affordable housing owners, who have struggled with skyrocketing insurance premiums in recent years.

  • April 16, 2026

    Seattle's COVID-Era Tenant Protections Face Appellate Skeptic

    A Washington state appellate judge pushed back Thursday on Seattle's defense of COVID-19-era tenant rights ordinances, observing that the plaintiff landlord may have a stronger Fifth Amendment takings claim than usual because of the "unique" situation of "six regulations passed within a short time period."

  • April 16, 2026

    Equity Residential Cuts $56M Deal In RealPage MDL

    A Chicago-based real estate investment trust has reached a $56 million settlement in a sprawling, multidistrict antitrust class action that claims the REIT and multiple landlords used property management software company RealPage Inc.'s revenue management software for rent price-fixing.

  • April 16, 2026

    Ex-Housing Worker Drops Punitive Damages Bid Against Boss

    A former Charlotte public housing authority coordinator awarded $2.34 million for her hostile work environment claims, has opted not to pursue punitive damages against her ex-supervisor, who was found liable for only $1 in compensatory damages.

  • April 16, 2026

    NYC Suit Alleges $1.3M Illegal Short-Term Rental Scheme

    A New York City landlord and several of his relatives and associates made over $1.3 million from an illegal short-term rentals scheme that involved hosting an illegal number of guests, the city alleged in New York state court.

  • April 16, 2026

    Ky. Conforms To Fed. Tax Changes, Nixes Tax Threshold

    The Kentucky General Assembly overrode the governor's veto of a bill that eliminates its sales tax nexus transaction threshold, levies sales tax on data brokering services and will conform the state's tax code with some provisions of the Internal Revenue Code.

  • April 16, 2026

    Maine Extends Tax Credit For Affordable Housing Projects

    Maine extended an income tax credit for developers of eligible affordable housing projects by eight years under a bill signed by the governor.

  • April 16, 2026

    Walker Dunlop Lines Up $1.7B Refi For Starwood Portfolio

    Commercial real estate finance firm Walker & Dunlop Inc.'s capital markets institutional advisory team has originated $1.719 billion worth of 10-year Freddie Mac loans to refinance more than 10,000 homes that are "predominantly workforce and affordable housing units" owned by Starwood Capital Group, the firm announced.

  • April 16, 2026

    Clean Energy Lender Lands C-PACE Funding Up To $300M

    Investment manager Ares Management provided up to $300 million for a Commercial Property Assessed Clean Energy financing vehicle to an affiliate of Los Angeles-based commercial real estate finance firm AXCS Capital, according to an announcement.

  • April 15, 2026

    Zillow, Redfin Can't Use 4th Circ. Ruling In Antitrust Suit

    The Federal Trade Commission and multiple states on Wednesday filed a proposed response pushing back on Zillow and Redfin Corp.'s bid to cite a published Fourth Circuit decision they say supports their attempt to dismiss the antitrust suit brought by the agency and states.

  • April 15, 2026

    Ga. Panel Backs Railroad In Residents' Land Seizure Suit

    A Georgia appellate panel Wednesday backed a railroad's win in a fight with local residents opposing the condemnation of their property for new construction, finding insufficient evidence to overturn a ruling from the state's utility regulatory body that greenlighted the taking.

  • April 15, 2026

    Pa. Gov. Says Neighbors' Land Dispute Belongs In State Court

    Pennsylvania Gov. Josh Shapiro has asked a federal judge to dismiss a lawsuit arising from a property dispute with his neighbors over a strip of land between their homes, arguing that the suit was canceled out by an ongoing state court case that will decide the matter.

  • April 15, 2026

    Mortgage Co. Says Vets' Fraud Scheme Claims Distort Truth

    Veterans United Home Loans told a Missouri federal judge that a proposed class action alleging the company directs veterans toward expensive mortgages fails to show the homebuyers were prevented from considering other lending options and uses altered images to exaggerate claims the company's website is misleading.

  • April 15, 2026

    Hochul, Mamdani Pitch Tax On 2nd Homes In NYC

    New York Gov. Kathy Hochul and New York City Mayor Zohran Mamdani announced a proposal Wednesday for a pied-à-terre tax on second homes in the city valued at $5 million or more as state lawmakers hammer out a budget.

  • April 15, 2026

    NJ Towns Urge 3rd Circ. To Revive Suit Over Housing Law

    A group of New Jersey municipalities and elected officials told the Third Circuit they have Article III standing for their tossed suit against the state government over a 2024 law that they claim unfairly forces them to rezone areas for affordable housing.

  • April 15, 2026

    Whistleblower Suit Alleges Wells Fargo Inflated CMBS Income

    A whistleblower lawsuit unsealed this week in New York state Supreme Court accused Wells Fargo of inflating income of underlying properties across numerous commercial mortgage-backed securities loans it pooled, allowing it to evade $220 million in state and local taxes.

  • April 15, 2026

    Landlord Wants Out Of Fraud Claim In NJ AG's RealPage Suit

    A New Jersey landlord is urging a federal court to revisit part of a March decision and dismiss claims against it under a state consumer fraud statute amid the New Jersey attorney general's antitrust suit against RealPage Inc. and 10 of the state's largest landlords.

  • April 14, 2026

    Penn National Says No Coverage In Property Sale Fraud Suit

    Pennsylvania National Mutual Casualty Insurance Co. told a North Carolina federal judge it should have no duty to indemnify a businessowner policyholder accused in an underlying lawsuit of knowingly hiding a water leak in a residential property to induce someone into buying it, arguing Monday there's no coverage for damages resulting from alleged misrepresentations.

  • April 14, 2026

    26 State AGs Urge FTC To Ban Deceptive Rental Fee Tactics

    A bipartisan coalition of 26 state attorneys general led by New Jersey and Colorado are calling on the Federal Trade Commission to adopt a requirement that residential landlords clearly disclose all costs to tenants up front, responding to the agency's notice last month of potential rulemaking to combat hidden rental fees.

  • April 14, 2026

    Bascom Group Pays $103M For Vegas Apartment Community

    Real estate private equity firm The Bascom Group LLC has paid $103 million for a five-story, 294-unit Class A apartment community in Las Vegas, the firm announced Tuesday.

  • April 14, 2026

    Wells Fargo, JPMorgan Mulling Mediation In $481M Loan Suit

    Wells Fargo Bank is considering mediating and settling its suit against JPMorgan Chase Bank and a New York City developer over a $481 million commercial mortgage-backed securities loan deal that allegedly caused millions of dollars in losses, according to a joint letter filed in New York federal court.

  • April 14, 2026

    MoFo Guides $167M Loan For NYC Office-To-Resi Conversion

    Morrison Foerster LLP advised BHI on its origination of a $167 million loan for Yellowstone Real Estate Investment's adaptive reuse project which will transform a Manhattan office building into a multifamily building, according to county property records.

  • April 14, 2026

    Meet The Attorneys Guiding Texas Developer Lurin In Ch. 11

    Texas-based multifamily housing developer Lurin has retained a team from Porter Hedges LLP to represent it and its affiliates after entering bankruptcy with over $73 million in debt to stave off impending foreclosures.

Expert Analysis

  • 5 Critical Changes Coming To Bankruptcy Rule 3002.1

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    Residential mortgage lenders and servicers should prepare for significant amendments to Bankruptcy Rule 3002.1 taking effect this December that will impose new filing requirements, codify how creditors handle untimely payment change notices and allow debtors to request status updates, say attorneys at Bradley Arant.

  • Opportunity Zone Overhaul Is Good News For Investors

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    Recently enacted reforms making the qualified opportunity zone program permanent, restoring the basis step-up for capital gains and adding flexibility to the zone designation process enhance the program’s appeal for long-term investment, says Steven Hadjilogiou at McDermott.

  • Texas High Court Decision Could Reshape Contract Damages

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    The Texas Supreme Court recently held that an order of specific performance for a real property transaction doesn't preclude a damage award, establishing a damages test for this scenario while placing the onus on lower courts to correctly determine the proper remedies and quantum of damages, say attorneys at Fried Frank.

  • Navigating The Complexities Of NYC Waterfront Development

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    More than a dozen city, state and federal agencies share oversight of New York City's waterfront, presenting developers and their counsel with both challenges and opportunities to shape the regional and national economy, say attorneys at HSF Kramer.

  • New NY Residential Real Estate Rules May Be Overbroad

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    New legislation imposing a 90-day-waiting period and tax deduction restrictions on certain New York real estate investors may have broad effects and unintended consequences, creating impediments for a wide range of corporate and other transactions, says Libin Zhang at Fried Frank.

  • Compliance Is A New Competitive Edge For Mortgage Lenders

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    So far, 2025 has introduced state and federal regulatory turbulence that is pressuring mortgage lenders to reevaluate the balance between competitive and compliant employee and customer recruiting practices, necessitating a compliance recalibration that prioritizes five key strategies, say attorneys at Mitchell Sandler.

  • What Developers Can Glean From Miami Condo Ruling

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    A Florida state appeals court's recent denial of a Miami condo redevelopment bid offers a detailed blueprint of what future developers must address when they evaluate the condominium's governing declaration and seek to terminate a condominium, say attorneys at Shubin Law.

  • 6 Questions We Should Ask About The Trump Trade Deals

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    Whenever the text becomes available, certain questions will help determine whether the Trump administration’s trade deals with U.S. trading partners have been crafted to form durable economic relationships, or ephemeral ties likely to break upon interpretive disagreement or a change in political will, says Ted Posner at Baker Botts.

  • CEQA Reform May Spur More Housing, But Devil Is In Details

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    A recently enacted law reforming the California Environmental Quality Act has been touted by state leaders as a fix for the state's housing crisis — but provisions including a new theoretically optional traffic mitigation fee could offset any potential benefits, says attorney David Smith.

  • Wells Fargo Suit Shows Consumer Protection Limits In Mass.

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    The Massachusetts Appeals Court's May decision in Wells Fargo Bank v. Coulsey underscores that consumer rights are balanced against the need for closure, and even the broad protections of state consumer protection law will not open the door to relitigating the same claims, say attorneys at Greenberg Traurig.

  • What Calif. Insurance Ruling Means For Smoke Damage Limits

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    As California continues to grapple with an increasing number of wildfire claims, a state court's recent Aliff v. California FAIR Plan decision serves as a clear directive to insurers that policy language that narrows the scope of fire coverage below the California Insurance Code's minimum standards is impermissible, say attorneys at Wood Smith.

  • The Metamorphosis Of The Major Questions Doctrine

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    The so-called major questions doctrine arose as a counterweight to Chevron deference over the past few decades, but invocations of the doctrine have persisted in the year since Chevron was overturned, suggesting it still has a role to play in reining in agency overreach, say attorneys at Crowell & Moring.

  • What 9th Circ. Ruling Shows About Rebutting SEC Comments

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    The Ninth Circuit's June opinion in Pino v. Cardone Capital suggests that a company's lack of pushback to a U.S. Securities and Exchange Commission comment may be evidence of its state of mind for evaluating potential liability, meaning companies should consider including additional disclosure in SEC response letters, say attorneys at Barnes & Thornburg.