Residential

  • May 07, 2026

    Hochul Says Budget Deal Will Include NYC 2nd-Home Tax

    New York Gov. Kathy Hochul said Thursday that she reached a budget compromise with lawmakers that includes a tax on high-value second homes in New York City and a tax break for tip income, but the state Assembly speaker denied that a deal had been reached.

  • May 07, 2026

    Sidley Advises $1.3B Multifamily-Focused S3 Fund Close

    Construction lender S3 Capital, advised by Sidley Austin LLP, said Thursday it has raised $1.3 billion in its latest fund closing focused mostly on financing multifamily residential developments.

  • May 07, 2026

    San Francisco Sees Biggest Q1 Real Estate Investment Uptick

    San Francisco witnessed the largest increase in global real estate investment among a group of 16 global markets, according to a report out earlier this week from real estate brokerage firm Jones Lang LaSalle Inc.

  • May 07, 2026

    3 Firms Guide $401M Loan For Luxury Fla. Towers Project

    Northwind Group has originated a $401 million loan for a 14-acre, luxury Florida condominium project in a deal advised by Greenberg Traurig LLP, Polsinelli PC and Jones Foster, the real estate private equity firm said.

  • May 06, 2026

    Semiannual Reporting Sparks Conundrum For REITs

    After the U.S. Securities and Exchange Commission on May 5 unveiled a proposal to allow companies to make semiannual disclosures, attorneys who advise real estate investment trusts are skeptical that many REITs will opt for less frequent reporting.

  • May 06, 2026

    Mortgage Co. Strikes $9M Deal In NC Phone-Pay Fee Suit

    A certified class of North Carolina borrowers on Wednesday asked a federal judge to preliminarily approve a $9 million settlement to resolve claims their Illinois-based mortgage servicer Dovenmuehle Mortgage Inc. charged them excessive processing fees to pay their bills over the phone.

  • May 06, 2026

    Bronx Landlords Must Pay $31M For Poor Building Conditions

    Two Bronx landlords must pay $31 million in court-ordered penalties for running residential buildings that New York City's government alleges have persistent problems such as pest infestations and lack of indoor heat, the city's mayor's office announced Wednesday.

  • May 06, 2026

    Ga. Panel Won't Overturn Verdict In HOA Pool Dispute

    The Georgia Court of Appeals on Wednesday refused to overturn a jury verdict in favor of a homeowners' association in a case it brought against a couple who built an outdoor kitchen and pool pavilion that were noncompliant with the association's design guidelines.

  • May 06, 2026

    AIG Says Homeowners Waived Bid For New Damages Trial

    An AIG unit fought against a new trial this week in a dispute over the claims process for damage from Hurricane Irma to a $95 million oceanfront mansion, arguing that the homeowners failed to prove compensable damages at trial and waived their right to a new trial.

  • May 06, 2026

    NJ Panel Frees Homeowner From 'Forced Arbitration' Contract

    A New Jersey state appeals court on Wednesday released a homeowner from an arbitration clause that Florida-based MV Realty had agreed not to enforce as part of a deal last year with authorities who sued over the company's allegedly predatory cash-advance agreements.

  • May 06, 2026

    Colo. Investor Claims Biz Partners Illegally Transferred Assets

    A manager of a Colorado investment company accused his business partners on Wednesday of violating a business agreement by transferring shares and selling off properties without his required permission.

  • May 06, 2026

    IRS To Settle More Syndicated Easement Disputes

    Eligible partnerships may soon be able to settle their disputes with the IRS over charitable tax deductions claimed on their donated conservation or historic preservation easements under an upcoming "time-limited" opportunity, the agency announced Wednesday.

  • May 06, 2026

    CBRE Reports Slight Multifamily Uptick As Supply Dissipates

    Multifamily apartment absorption pulled ahead of construction completions during the first quarter of 2026, a hopeful signal that the sector has made steady progress burning off historic levels of supply that peaked in 2024.

  • May 06, 2026

    Average US Residence Costs $554K, IRS Data Shows

    The nationwide average purchase price for U.S. residences in 2026 is $553,900, an increase of $13,200 from last year, according to data the Internal Revenue Service published Wednesday.

  • May 06, 2026

    Polish Antitrust Arm Probing OLX's RE Listings Platform

    Poland's antitrust authority is investigating OLX Capital Group's Otodom real estate listings platform after being notified about "significant" price hikes, the authority announced on Wednesday.

  • May 06, 2026

    Atlanta Housing Gives General Counsel Interim COO Post

    Following the retirement of its longtime chief operating officer, the Atlanta Housing Authority said its general counsel will be appointed to the role on an interim basis while a permanent successor is selected.

  • May 06, 2026

    Mass. Justices Debate Rent Control Religious Carveout

    Massachusetts' highest court appeared divided Wednesday as it considered whether a proposed ballot question to reenact rent control in the state should be struck down because it contains a carveout that includes religious properties.

  • May 06, 2026

    Okla. House OKs Valuation Method Change For Some Rentals

    Oklahoma would allow certain rental housing to be valued using a cost approach instead of an income approach under a bill passed in the state House of Representatives.

  • May 06, 2026

    Real Estate Lawyers On The Move

    Day Pitney, Michael Best and Tarter Krinsky are among the law firms that have made recent real estate or construction hires.

  • May 05, 2026

    NC Law Firm Can Pursue Coverage In $510K Loan Fraud Row

    A North Carolina federal judge on Tuesday said a professional liability insurer must face claims that it has to defend a law firm against allegations it was responsible for a $510,000 fraudulent home loan, finding documents in the closing package could preserve coverage. 

  • May 05, 2026

    9th Circ. Renews Biz Nuisance Claim Over Seattle BLM Protest

    A Ninth Circuit panel partly revived a Korean restaurant and apartment complex owner's lawsuit accusing Seattle of abandoning several city blocks during the 2020 Black Lives Matter protests, ruling Tuesday that the businesses can potentially advance nuisance claims by arguing for the suspension of the statute of limitations.

  • May 05, 2026

    2nd Circ. Says NY Escrow Interest Law Is Preempted, Again

    The Second Circuit ruled Tuesday that national banks are exempt from a New York law that requires interest to be paid on mortgage escrow accounts, handing a key victory to Bank of America NA in closely watched litigation testing the limits of states' banking regulatory authority.

  • May 05, 2026

    Arada London Elevates Head Of Legal To Board As GC

    Real estate developer Arada London said it has appointed its head of legal to the company's board of directors as general counsel.

  • May 05, 2026

    Wis. Village Urges 7th Circ. To Void Oneida Tribal Trust Order

    A Wisconsin village is asking the Seventh Circuit to undo a U.S. Department of the Interior decision to place 500 acres of properties into trust for the Oneida Nation, arguing that a district court ignored evidence of bias and shielded the transactional record from meaningful scrutiny.

  • May 05, 2026

    2 Firms Guide NYC Residential Tower's $158M Refi

    RXR Realty has refinanced a $158 million loan originated by Otéra Capital and secured by a recently constructed New York City apartment building, in a deal guided by Gibson Dunn & Crutcher LLP and Fried Frank Harris Shriver & Jacobson LLP.

Expert Analysis

  • The Repercussions Of FEMA's Wildfire Cleanup Policy Cuts

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    The Federal Emergency Management Agency recently announced a decision to cease conducting additional soil tests to confirm that the land is safe and free of toxins after wildfires, meaning people could be moving back into houses unfit for human habitation, potentially leading to years of lawsuits, says Vineet Dubey at Custodio & Dubey.

  • The Path Forward For Construction Cos. After Calif. Wildfires

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    The increasing frequency of disastrous wildfires, like those that recently occurred in California, presents a set of complex challenges for the construction industry, including regulatory hurdles and supply chain disruptions that can complicate rebuilding efforts, say attorneys at Cozen O'Connor.

  • Know The Rules And Costs Of New Fla. Condo Inspection Law

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    Following the first report deadline for a structural integrity law meant to prevent disasters like the 2021 Surfside collapse, Florida condominium associations and unit owners should understand the process of conducting compliant inspections and anticipate new assessments to fund required maintenance, say attorneys at Ball Janik.

  • Measuring And Mitigating Harm From Discriminatory Taxes

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    In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.

  • Calif. Banking Brief: All The Notable Legal Updates In Q1

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    Among the most notable developments in California banking in the first quarter of the year, regulators and legislators issued regulations interpreting debt collection laws, stepped up enforcement actions, and expanded consumer protections for those affected by wildfires, says Stephen Britt at Severson & Werson.

  • Addressing Tariff Price Escalation In Construction Contracts

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    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.

  • Reconciling 2 Smoke Coverage Cases From California

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    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.

  • How Fla. Is Floating A Raft Of Bills To Stem Insurance Woes

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    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.

  • After Fires, Calif. Must Streamline Enviro Reviews For Housing

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    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.

  • Making The Opportunity Zones Program Great At Last

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    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.

  • How 2025 Is Shaping The Future Of Bank Mergers So Far

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    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.

  • Why NY May Want To Reconsider Its LLC Transparency Law

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    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.

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

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    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.