Residential
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September 10, 2025
K&L Gates Guides $1B Special Situations Fund
Guided by K&L Gates LLP, Cottonwood Group raised $1 billion for its opportunistic real estate fund, doubling the private equity real estate investment firm's original $500 million target, according to the law firm's Tuesday statement.
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September 10, 2025
Calif. Land Use Atty Weighs Wildfire Impact On Development
On top of California's usual late summer wildfires, this year the state is still healing from January's devastating blazes in the Los Angeles area. Venable partner Ellia Thompson shares how these disasters are influencing development and what steps lawyers, government and developers may want to consider.
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September 09, 2025
Investor Tells Texas Justices UDF Claims Aren't Derivative
The Texas Supreme Court on Tuesday pressed an alternative investment firm to explain how its suit against an adviser to a fund at the center of a $100 million, decadelong Ponzi scheme would not be classified as a derivative action, asking what distinct injury allows the firm to sue individually.
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September 09, 2025
Private Fund Adviser To Pay $9.7M To End SEC Suit
The U.S. Securities and Exchange Commission announced on Tuesday that a real estate-focused Colorado private fund adviser and his two management firms would pay $9.7 million to settle claims of defrauding investors with misrepresentations, which include concealing conflicts of interests in proposed buyout transaction requests he sent to investors.
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September 09, 2025
Meet The Attys Guiding Georgia Apartment Co.'s Ch. 11
A team of attorneys from Goldberg Weprin Finkel Goldstein LLP are representing the minority owner of a 200-unit apartment complex in the Atlanta metro area in a Chapter 11 it launched in New York.
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September 09, 2025
Mass. AG Says RE Investment Firm Flouting Rent Rules
The Massachusetts attorney general on Tuesday accused a real estate investment firm of repeatedly raising rents at a mobile home park and then, after learning residents had complained, retaliating by more than doubling the monthly rate.
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September 09, 2025
Compass Hires Ex-Cooley, Ex-DOJ Antitrust Atty As CLO
Compass Inc. hired a former Cooley LLP antitrust partner and a former U.S. Department of Justice antitrust attorney as its new chief legal officer, the residential real estate brokerage announced Tuesday.
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September 09, 2025
4 Firms Guide Property Finder's $525M PE-Backed Investment
Property Finder, a property portal operating across the Middle East and North Africa, said Tuesday it has secured a $525 million minority investment led by funds advised by Permira, with significant participation from Blackstone Growth, in a deal steered by four law firms.
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September 09, 2025
Littleton Says Proposed City Amendment Violates State Law
The city of Littleton, Colorado, is challenging the legality of a proposed amendment for the 2025 election aiming to restrict changes to residential zoning for areas currently designated for single-family properties.
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September 09, 2025
Emmet Marvin Guides $127M Loan For Brooklyn Tower Project
The Domain Cos. borrowed two loans worth more than $127 million combined from U.S. Bank for the developer's Brooklyn mixed-use, multifamily tower project, in deals guided by Emmet Marvin & Martin LLP, according to official property records filed Tuesday.
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September 09, 2025
Mass. Lawmakers Pitch Local Real Estate Transfer Taxes
Massachusetts cities would have the option of levying fees on real estate transfers worth more than $1 million to help fund affordable housing efforts under legislation pitched Tuesday to a joint House-Senate panel.
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September 09, 2025
Voters To Decide On Proposals To Shift NYC Land Use Power
The New York City Board of Elections on Tuesday voted to allow a number of housing-related questions to be on the ballot in November, over objections by the New York City Council.
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September 09, 2025
Real Estate Lawyers On The Move
Shartsis Friese, Bryan Cave and Addleshaw Goddard are among the law firms that have made recent real estate or construction hires.
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September 09, 2025
Contractors Settle Hartford Apartment Construction Suit
A subcontractor and general contractor litigating federal claims over a Hartford, Connecticut, apartment construction project have reached a settlement in the case ahead of a trial, following a conference Monday.
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September 09, 2025
Execs Hit With 'Drastic' Sanctions In RE Platform Dispute
A New York state court has sanctioned two directors of Fang Holdings Ltd. and their affiliates for "flagrant and blatant disregard" of discovery orders amid a shareholder derivative suit accusing them of manipulating the Chinese real estate portal to enrich themselves.
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September 09, 2025
Sotheby's Executive Returns To Gunster In Florida
A former vice president and brokerage manager for Sotheby's International Realty has rejoined her former law firm Gunster in Florida to continue her practice representing high-net-worth individuals, developers and investors in residential and commercial real estate transactions.
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September 09, 2025
Manulife, TruAmerica Launch $1B Affordable Housing JV
Manulife Investment Management said Tuesday that it is partnering with Los Angeles investor TruAmerica Multifamily on a $1 billion joint venture to acquire income-restricted housing backed by low-income housing tax credits.
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September 08, 2025
Universities Put To The Test In 6 Higher Ed Property Conflicts
New York University's challenge to a recent rezoning, Chapter 11 proceedings for a student housing owner serving the University of California, and an Illinois university's refusal to hand over property to a local municipality are among the cases vexing higher education parties and their partners.
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September 08, 2025
Walker & Dunlop Lines Up $68M Skilled Nursing Loans Deal
Walker & Dunlop Inc. arranged more than $68 million worth of refinancing loans, which are insured by the U.S. Department of Housing and Urban Development, for seven skilled nursing properties in Illinois and Wisconsin, the commercial real estate financing company announced Monday.
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September 08, 2025
No Mulligans: Budget Woes Close More University Links
The University of Minnesota is the latest higher education institution to announce a golf course sale or closure as colleges and universities increasingly look to realize proceeds from underused assets amid mounting financial pressures and dwindling enrollments.
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September 08, 2025
Blackstone REIT Says AI Co. Ignored Tech Development Deal
A real estate investment trust owned by Blackstone has sued an artificial intelligence company in Colorado state court, accusing it of failing to deliver on a contract to help build a virtual AI assistant.
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September 08, 2025
Douglas Emmett Nabs $941M Refi For 8 Resi Properties
Douglas Emmett Inc. announced on Monday that the real estate investment trust secured a $941 million refinancing for eight residential properties and repaid existing debt on a 376-unit Los Angeles apartment community.
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September 08, 2025
NYC Real Estate Week In Review
Frenkel Hershkowitz, Belkin Burden and Miller Leiby are among the law firms that helped with the largest New York City real estate deals that became public last week, with a $105 million Manhattan matter topping the list.
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September 08, 2025
New Orleans' Short-Term Rental Crackdown Largely Upheld
A Louisiana federal judge mostly sided with New Orleans in a lawsuit filed by Airbnb Inc. and multiple property owners challenging the city's 2023 and 2024 short-term rental restrictions, tossing most of the plaintiffs' 11-count suit.
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September 08, 2025
Pa. Bill Aims To Stop Reassessments For Small Improvements
Pennsylvania would allow small property improvements without the trigger of a reassessment under a bill introduced in the state Senate.
Expert Analysis
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Yacht Broker Case Highlights Industry Groups' Antitrust Risk
The Eleventh Circuit recently revived class claims against the International Yacht Brokers Association, signaling that commission-driven industries beyond real estate are vulnerable to antitrust challenges after the National Association of Realtors settled similar allegations last year, says Miles Santiago at the Southern University Law Center and Alex Hebert at Southern Compass.
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A Look At Trump Admin's Shifting Strategies To Curtail CFPB
The Trump administration has so far carried out its goal of minimizing the Consumer Financial Protection Bureau's authority and footprint via an individualized approach comprising rule rollbacks, litigation moves and administrative tools, say attorneys at Holland & Knight.
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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.