Residential
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December 05, 2025
Feds Wrap Up FARA Case Against Ex-NY Gov. Aide Linda Sun
Brooklyn federal prosecutors on Friday rested their case against a former top aide to New York Gov. Kathy Hochul and former Gov. Andrew Cuomo, after about three weeks of trial over alleged violations of the Foreign Agents Registration Act and other charges.
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December 05, 2025
7th Circ. Won't Revive Ex-Tenant's Palestinian Flag Bias Suit
The Seventh Circuit has backed the dismissal of a Palestinian American's Fair Housing Act lawsuit that accused an apartment building's owner and operator of wrongfully evicting her after she refused to remove a Palestinian flag outside her apartment window.
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December 05, 2025
Manufactured Housing Cos. Ditch Price-Fixing Claims
An Illinois federal judge has tossed a proposed price-fixing class action against multiple manufactured housing companies and a data company, ruling the proposed class failed to show the businesses conspired to jack up rent prices.
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December 05, 2025
Mass. IOLTA Panel Says It's Owed Slice Of Residual Funds
A Massachusetts panel that oversees Interest on Lawyers' Trust Accounts asked the state's highest court Friday to at least partially unwind a $4 million class action settlement, saying a lower court didn't give it a chance to argue for a portion of what it says are "significant" residual funds.
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December 04, 2025
Dems Press CFPB's Vought On Mortgage Rate Shutdown Plan
Senate Democrats are demanding clarity on the fate of the Consumer Financial Protection Bureau's benchmark mortgage-rate work if the Trump administration lets the agency go dark, warning of imminent potential chaos for the $13 trillion mortgage market.
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December 04, 2025
Miami Resident Claims City Extorts Land For Permits
A Miami resident told a Florida state court that the city is subverting the eminent domain process by unconstitutionally extorting land from homeowners in exchange for building permits.
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December 04, 2025
Zillow's Climate Score Removal Sparks Insurance Concerns
Zillow's recent decision to reduce the visibility of a climate-risk feature attached to its real estate listings highlights a need to provide consumers with more information on a key driver of insurance costs, given differences in climate-risk modeling practices.
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December 04, 2025
OFAC Fines Real Estate Firm $7M Over Sanctions Violations
The Department of the Treasury's Office of Foreign Assets Control fined a New York property management company more than $7 million for allegedly violating Russian sanctions by receiving payments on behalf of a company owned by a sanctioned Russian oligarch.
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December 04, 2025
Gov't Watchdog To Probe FHFA Mortgage Fraud Referrals
The Government Accountability Office will review whether Federal Housing Finance Agency Director William Pulte weaponized mortgage fraud investigations against the president's perceived political opponents and flouted the agency's typical investigation process.
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December 04, 2025
Judge OKs Plan Disclosures For AmeriFirst In Ch. 11
A Delaware bankruptcy judge agreed Thursday to grant conditional approval for bankruptcy mortgage servicer AmeriFirst's disclosure statement outlining its Chapter 11 plan, finding the objections raised by the U.S. Trustee's Office are best reserved for the plan confirmation hearing.
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December 04, 2025
Mortgage Insurer Inks $650K Deal To End ERISA Suit
A mortgage insurance company has agreed to pay $650,000 to close a worker's proposed class action filed in North Carolina federal court claiming its mismanagement of an employee retirement profit sharing plan caused a $1.3 million loss.
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December 04, 2025
Morgan Stanley, MorningStar Close $305M Housing Deal
Morgan Stanley Investment Management and MorningStar Senior Living, with Morgan Stanley Real Estate Investing's managed funds, acquired a 463-unit MorningStar senior housing portfolio located near Denver for $305 million from Kayne Anderson Real Estate, the two companies announced Dec. 4.
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December 04, 2025
Yardi Reports Widespread US Rent Decline In November
Rental industry analyst Yardi Matrix reports that multifamily rents and demand each sagged for the fourth straight month in November, a broad trend that visited cities both with and without new supply coming to market.
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December 04, 2025
NAR Says Realtor Rule Changes Not Relevant To Antitrust Suit
The National Association of Realtors and local Realtor groups at the center of a proposed class action have urged a Michigan federal court not to allow real estate brokers and agents to bring recent NAR handbook changes before the court in their antitrust suit.
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December 04, 2025
Over 2 Dozen Countries Commit To Property Tax Transparency
A group of 26 jurisdictions committed on Dec. 4 to adopting a framework developed by the Organization for Economic Cooperation and Development to facilitate the exchange of real estate information among tax authorities.
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December 03, 2025
Chats Show Ex-NY Gov Aide Was Tight With Chinese Officials
Jurors weighing the fate of a former aide to two New York governors have seen a raft of chats and other documents over several days that the feds say support their case alleging she violated the Foreign Agents Registration Act, including communications that seem to suggest she had a close working relationship with several Chinese government officials.
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December 03, 2025
Cities, Groups Fight Changes To HUD Homeless Housing Grant
The U.S. Department of Housing and Urban Development unlawfully introduced "drastic" changes to grants under a federal program to combat homelessness, a coalition of local governments and homelessness service providers has alleged in a suit filed in Rhode Island federal court.
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December 03, 2025
Monitor Will Stay In Place In $1B Broad Street Fraud Case
A private equity firm accused by the U.S. Securities and Exchange Commission of defrauding investors in a $1 billion fund lost its bid Wednesday to discharge the court-appointed monitor overseeing its books when a Florida federal judge rejected arguments that the monitor was acting in bad faith.
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December 03, 2025
UMB Bank Gets Partial Win In $80M Hard Rock Hotel Dispute
UMB Bank NA has been granted wins on some of its claims in a suit regarding a failed $80 million Hard Rock Hotel development project, with a Kansas federal court ruling that claims it did not properly reimburse the project developer's costs have already been decided in Minnesota court.
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December 03, 2025
Landlord Can't Nix $4M Jury Award Over Mugging, Shooting
A Florida appeals panel on Wednesday affirmed a $4 million judgment in favor of a renter who alleged that his landlord failed to protect him from a mugging in which he was shot four times, finding that the issue of whether the incident was foreseeable was properly put in front of a jury.
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December 03, 2025
Okla. Cos. Hit Simon Property Group With Antitrust Suit
A group of Oklahoma-based companies accused retail-focused real estate investment trust Simon Property Group Inc. of waging "an anticompetitive campaign" to take down their competing mixed-use project in Oklahoma City.
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December 03, 2025
K&L Gates Deepens Its CMBS Servicer Attorney Bench
K&L Gates LLP announced Wednesday that it has brought on two experienced real estate finance attorneys whose practices focus on advising commercial mortgage-backed securities servicers.
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December 03, 2025
Judge Halts Suit Over Texas Law Blocking Foreign Land Buys
A Texas federal judge sided with Texas Attorney General Ken Paxton in pausing a lawsuit from three Chinese nationals pending a Fifth Circuit decision in a parallel challenge to a policy preventing citizens of China, North Korea, Iran and Russia from buying land in the state.
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December 03, 2025
Ore. Homeowner Can't Appeal Home's Value, Court Says
An Oregon homeowner cannot appeal the real market values of his home because the difference between the homeowner's and the assessor's valuations failed to meet the statutory requirement for an appeal, the Oregon Tax Court ruled.
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December 03, 2025
MVP: Sullivan & Cromwell's Ralston Turbeville
Ralston Turbeville, a partner in Sullivan & Cromwell's real estate practice, guided Tishman Speyer's $3.5 billion refinancing of Rockefeller Center as well as the company's $2.85 billion refinancing of the Spiral in Hudson Yards, earning him a spot as one of the 2025 Law360 Real Estate MVPs.
Expert Analysis
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Addressing Tariff Price Escalation In Construction Contracts
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.
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Reconciling 2 Smoke Coverage Cases From California
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.
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How Fla. Is Floating A Raft Of Bills To Stem Insurance Woes
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.
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After Fires, Calif. Must Streamline Enviro Reviews For Housing
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.
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Making The Opportunity Zones Program Great At Last
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.
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How 2025 Is Shaping The Future Of Bank Mergers So Far
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.
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Why NY May Want To Reconsider Its LLC Transparency Law
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.
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Dewberry Ruling Is A Wakeup Call For Trademark Owners
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.
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California Climate Lawsuit Bill Is Constitutionally Flawed
A bill in the California Legislature that would let victims of climate-related disasters like the Los Angeles wildfires sue oil and gas producers for spreading misinformation about climate change is too vague, retroactive and focused on one industry to survive constitutional scrutiny, says Kyla Christoffersen Powell at the Civil Justice Association of California.
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The Current And Future State Of Bank-Fintech Partnerships
Though the Consumer Financial Protection Bureau under President Donald Trump seems likely to cultivate an environment friendlier to the financial services industry, bank-fintech partnerships should stay devoted to proactive compliance and be ready to adapt to regulatory shifts that may intensify scrutiny from enforcers, say attorneys at Greenberg Traurig.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Navigating Mortgage Insurance Provisions After LA Fires
As homeowners affected by the Los Angeles wildfires consider rebuilding, mortgage lenders and servicers must negotiate the complex intersection between the standard deed of trust and property insurance, says Heather Wright at Buchalter.
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Class Actions At The Circuit Courts: February Lessons
In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses five federal appellate court class certification decisions and identifies practice tips from cases involving breach of life insurance contracts, constitutional violations of inmates and more.