Residential
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March 27, 2026
Kan. Board Complied With Remand In Property Tax Case
The Kansas Board of Tax Appeals properly complied with an appellate court's instructions for remand in a property tax case, the court ruled Friday, finding that the board was able to explain the weighted value it gave to leases when appraising the property.
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March 27, 2026
Judge Denies NAR Mandatory Membership Antitrust Claims
A Louisiana federal judge has rejected an antitrust lawsuit brought pro se by a group of brokers claiming they are illegally forced to join a trio of real estate associations to access the Multiple Listing Service online home listing system.
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March 27, 2026
CrossCountry Wins REIT Bidding Contest With All-Cash Deal
CrossCountry Mortgage said March 27 it will acquire mortgage servicing-focused real estate investment trust Two Harbors Investment Corp. for $10.80 per share in cash, with Simpson Thacher & Bartlett LLP advising CCM and Jones Day advising Two Harbors.
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March 26, 2026
Colo. Appeals Court Upholds Town's Short-Term Rental Fee
A Colorado town's fee on owners of short-term rentals does not require a vote under the state's Taxpayer's Bill of Rights, a state appeals court ruled, rejecting the argument that it raises more revenue than is needed for its stated purpose.
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March 26, 2026
NC Court Denies Collective Bid In Wage Row, For Now
Employees alleging a property management company stiffed them on overtime wages cannot proceed as a collective for now, a North Carolina federal judge has ruled, finding that the current record is insufficient to determine whether they are similarly situated.
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March 26, 2026
Hawaii Condo Units Not Apts. For Tax Purposes, Court Rules
Hawaii condominium units in a Maui multiunit property are considered nonowner-occupied properties — not apartments — and should be taxed at higher rates under a county ordinance, a Hawaii appeals court affirmed.
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March 26, 2026
Landmark Properties Marks Expansion Into Senior Housing
Landmark Properties announced that the student housing-focused residential real estate firm is making a foray into the U.S. senior housing sector, tapping new leadership to lead its entry into the sector.
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March 26, 2026
NJ Tax Court Finds Religious Clergy's Homes Not Tax-Exempt
A New Jersey rabbi's and reverend's homes are subject to property tax despite transferring ownership to their religious congregations because both maintained control over the properties, the state Tax Court ruled.
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March 26, 2026
Waste Management Sued Over 'Noxious Odors' In New Jersey
Waste Management of New Jersey was hit with a proposed class action in Garden State federal court alleging the smell emanating from one of its landfills is damaging neighboring properties.
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March 26, 2026
Ore. Industrial Property Value Cut By Tax Court
An industrial parcel in Oregon was overvalued, the state tax court ruled, agreeing with the owner's assertion of the property's highest and best use and the need for a sewer pump station.
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March 25, 2026
Real Estate Private Credit's Moment To Shine
Even under scrutiny prompted by problems in corporate private credit, the real estate corner of private credit is holding up. Although both forms of debt are under the heading of private credit, attorneys that advise private credit borrowers, lenders and investors do not expect real estate private credit to get blowback from the corporate private credit world.
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March 25, 2026
Multifamily Investors See Value Beyond Biggest Cities
While location has long been held as a paramount consideration in real estate, the biggest and best-known cities are not the only ones that need housing, nor are they the only markets that can deliver a solid return on investment, multifamily investors pointed out at a recent event.
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March 25, 2026
NYC Sets Up Builder Bids To Cut Housing Review By 8 Months
New York City Mayor Zohran Mamdani on Wednesday said his administration wants to speed up affordable housing construction on city-owned land by seeking developers to bid in a program that aims to reduce by eight months the predevelopment timeline for certain projects.
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March 25, 2026
Conn. Atty Faces Civil Arrest Bid In $10M Trust Account Probe
A city housing authority and its corporate development arm have asked a Connecticut Superior Court judge to order the civil arrest of an attorney accused of funneling nearly $10 million in unauthorized loan proceeds into his lawyer trust account.
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March 25, 2026
Contractor Sues Over 'Abandoned' Milwaukee Timber Tower
A developer that pitched a Milwaukee high-rise as the biggest in North America to use a timber-based structural system is facing a state lawsuit from a general contractor that claims it is owed $11.3 million for work before the project shut down in September.
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March 25, 2026
After Overhaul Nixed, FTC, DOJ Mull New Merger Rulemaking
The Federal Trade Commission and the U.S. Department of Justice are not giving up on attempting to overhaul the "insufficient" half-century-old merger notification form after its replacement was just struck down by a Texas federal judge, with the agencies now seeking public comment as they mull "a new rulemaking process."
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March 25, 2026
FBT Gibbons Lands Public Finance Pros From BigLaw Firms
FBT Gibbons LLP has added two public finance partners, one from Bracewell LLP in Houston and another from Barnes & Thornburg LLP in Columbus, Ohio.
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March 25, 2026
Utah Expands Unrelated Biz Income Definition For Corp. Tax
Utah will expand its definition of corporate income to include income allocated to the state under a bill signed by the state's governor.
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March 24, 2026
Fla. Judge Keeps Mexico Timeshare Feud In Federal Court
A Florida federal judge declined on Monday to remand a Michigan couple's lawsuit against a Mexican resort company in a bitter feud over alleged fraud stemming from a deal to resell vacation bookings, rejecting arguments that an underlying pact containing an arbitration agreement arose out of criminal proceedings.
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March 24, 2026
Developer Rips 'Nonsensical' Critics Of $68M Fair Lending Deal
Houston-area developer Colony Ridge told a Texas federal court that allegations underpinning a $68 million settlement with federal and state regulators would have faced "serious headwinds" at trial, pushing back on housing nonprofits' criticism of the deal resolving Biden-era fair lending claims against it.
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March 24, 2026
Jay Group's NYC Resi Tower Lands $300M Refi
Affinius Capital LLC announced Tuesday that it originated a $300 million loan for the developer behind a 30-story multifamily project in New York City, which will see the project through the end of construction as well as lease-up.
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March 24, 2026
Multifamily Most Delinquent Among $3.2B CMBS Debt Maturing
Nearly $3.2 billion in commercial mortgage-backed securities debt is reaching hard maturity in March, and among maturing CMBS loans, multifamily has the highest delinquency rate, according to a report Monday from Trepp.
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March 24, 2026
Pa. PUC Gets First Dibs On Developer's Water Meter Dispute
A Lackawanna County, Pennsylvania, developer's dispute with Pennsylvania American Water Co. over the location of water meters belongs before the state Public Utility Commission, not a trial court, an appellate panel ruled Tuesday.
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March 24, 2026
Zillow Wants Out Of Proposed Monopoly Class Action
Zillow Group Inc. urged a Washington federal court to dismiss a proposed class action alleging real estate agents were forced to promote its loan business in exchange for client referrals, arguing the agents failed to name which market was impacted by the alleged conduct.
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March 24, 2026
Ex-Atlanta Building Inspector's Age Bias Suit Headed For Trial
Atlanta must face a former building inspector's lawsuit claiming he was denied a promotion because he was nearly 60, a Georgia federal judge ruled, rejecting the city's assertion that a magistrate judge shouldn't have considered testimony that an outgoing chief inspector made ageist comments.
Expert Analysis
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Class Actions At The Circuit Courts: November Lessons
In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses five recent rulings and identifies practice tips from cases involving claims related to oil and gas royalty payments, consumer fraud, life insurance, automobile insurance, and securities violations.
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How Calif. Zoning Bill Is Addressing The Housing Crisis
The recently signed S.B. 79 represents a significant step in California's ongoing efforts to address the housing crisis by upzoning properties near qualifying transit stations in urban counties, but counsel advising on S.B. 79 will have to carefully parse eligibility and compliance with the bill and related statutes, says Jennifer Lynch at Manatt.
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NYC Landlords Should Fight Unlawful Occupancy With 2 Laws
New York City property owners should proactively use the Multiple Dwelling Law and Administrative Code to maintain the integrity of the city's housing market, safeguard tenant safety and keep unlawful occupancy disputes out of the already overwhelmed New York City Housing Court, say attorneys at Rosenberg & Estis.
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Key NY State Grand Jury Rules Can Shape Defense Strategy
As illustrated by recent cases, New York state's grand jury rules are more favorable than their federal counterparts, offering a genuine opportunity in some cases for a white collar criminal defendant to defeat or meaningfully reduce charges that a prosecutor seeks to bring, says Ethan Greenberg at Anderson Kill.
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New Mass. 'Junk Fee' Regs Will Be Felt Across Industries
The reach of a newly effective regulation prohibiting so-called junk fees and deceptive pricing in Massachusetts will be widespread across industries, which should prompt businesses to take note of new advertising, pricing information and negative option requirements, say attorneys at Hinshaw.
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Addressing Legal Risks Of AI In The Homebuilding Industry
Artificial intelligence is transforming the homebuilding industry, but the legal challenges posed by its adoption spread across many areas, including contractual liability and intellectual property issues, so builders should adopt strategies to mitigate the risks and position themselves for success, says Philip Stein at Bilzin Sumberg.
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Compliance Steps To Take As FCRA Enforcement Widens
As the Fair Credit Reporting Act receives renewed focus from both federal and state enforcers, regulatory and litigation risk is most acute in several core areas, which companies can address by implementing purpose processes and quick remediation of consumer complaints, among other steps, say attorneys at Wiley.
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How Calif. Law Cracks Down On Algorithmic Price-Fixing
Gov. Gavin Newsom signed two laws this month significantly expanding state antitrust enforcement and civil and criminal penalties for the use or distribution of shared pricing algorithms, as the U.S. Department of Justice has recently wielded the Sherman Act to challenge algorithmic pricing, say attorneys at Pillsbury.
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New Conn. Real Estate Laws Will Reshape Housing Landscape
With new legislation tackling Connecticut's real estate landscape, introducing critical new requirements and legal ambiguities that demand careful interpretation, legal counsel will have to navigate a significantly altered and more complex regulatory environment, say attorneys at Harris Beach.
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Md. Ruling Spotlights Source-Of-Income Discrimination
In Hare v. David S. Brown Enterprises, the Maryland Supreme Court recently ruled that landlords cannot impose income requirements that disqualify tenants relying on housing vouchers, raising questions about applying the disparate impact doctrine in source-of-income discrimination cases, says Yvette Pappoe at the University of the District of Columbia.
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Colo. Law Brings Some Equilibrium To Condo Defect Reform
Colorado's American Dream Act, effective next year, does not eliminate litigation risk for developers entirely, but it does introduce a process, some predictability and a more holistic means for parties to resolve condominium construction defect claims, and may improve the state's housing shortage, says Bob Burton at Winstead.
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A Primer For Lenders On NY's New Mortgage Disclosure Regs
A recent New York regulation requiring licensed lenders and mortgage bankers to distribute a significant new disclosure pamphlet, essentially a borrower bill of rights, to applicants serves as a reminder to the industry to follow existing best practices, says Scott Samlin at Blank Rome.
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Trump Tax Law Has Mixed Impacts On Commercial Real Estate
The One Big Beautiful Bill Act brings sweeping changes to the real estate industry — and while the permanency of opportunity zones and bonus depreciation creates predictability for some taxpayers, sunsetting incentives for renewable energy projects will leave others with hard choices, says Jordan Metzger at Cole Schotz.