Residential

  • July 23, 2025

    Lender Seeks End To NY Developer's 2nd Ch. 11 Try

    A prospective developer of a Westchester County, New York, property has filed for Chapter 11 protection in a New York bankruptcy court with more than $10 million in debt and a mortgage provider seeking to dismiss the case, saying it's an attempt to dodge a foreclosure sale.

  • July 23, 2025

    6th Circ. Questions Officials On Search: 'Pretty Darn Obvious'

    Sixth Circuit judges on Wednesday grilled Michigan zoning and building officials seeking immunity from an improper-search lawsuit, repeatedly suggesting it was "obvious" the officials should have known they were crossing property lines to look at dwellings and areas protected by the Fourth Amendment.

  • July 23, 2025

    2 Firms Work On $210M Brooklyn Apt. Tower Sale, Loan Deals

    Fetner Properties, MCB Real Estate and Farallon Capital Management purchased the ground lease for a 463-unit multifamily tower in Brooklyn for $209 million, simultaneously securing a $141.5 million loan from M&T Realty Capital Corp., guided by McGuireWoods LLP and Adler & Stachenfeld LLP.

  • July 23, 2025

    Aussie Proptech Firm Brings AI Inspection Tool To US Market

    A new California law that took full effect on July 1 requires landlords to document a residential unit's condition — with photos — at move-in, move-out, and after cleaning or repairs. As it so happens, a technological solution focused on making those time-consuming inspections faster and easier just arrived from Down Under.

  • July 23, 2025

    Rising Star: Ropes & Gray's Anthony Mongone

    Anthony Mongone of Ropes & Gray LLP has earned the trust of some of the world's largest real estate investors to guide them through complex, large-scale deals, such as Blackstone's acquisition of 20% of Signature Bank's $16.8 billion mortgage loan portfolio after the bank's failure, earning him a spot among the real estate law practitioners under age 40 honored by Law360.

  • July 23, 2025

    Private Equity Firm ACRE Caps $1B Real Estate Credit Fund

    ACRE has announced it raised $1 billion to expand its lending platform, as the New York-based real estate-focused private equity firm goes after credit opportunities in the multifamily property sector.

  • July 23, 2025

    Calif. Attys See Policy Split For Infill, Greenfield Projects

    While changes to the California Environmental Quality Act approved last month could make developing infill housing easier, other legislation in the works might make building greenfield housing tougher, according to Nossaman LLP attorneys observing the legislative session.

  • July 23, 2025

    5th Circ. Finds Enclave Doctrine Blocks Asbestos Claims

    The Fifth Circuit has held that the federal enclave doctrine blocks the bulk of a military family's claims in a suit alleging their housing at Randolph Air Force Base had mold and asbestos, while affirming a $91,000 damages award against the housing managers.

  • July 23, 2025

    Why Private REITs Are Having A Moment

    Investments in private real estate investment trusts are surging, and that trend may strengthen as state regulators mull limiting investments in other, quasi-public REITs, while securities regulators have recently eased accreditation requirements for investors raising private capital.

  • July 23, 2025

    US Gov't Has Eyes On Farmland, Paul Weiss Atty Says

    Real estate transaction attorneys should heed the federal government's growing focus on farmland for national security reviews and understand the associated risks, even if their client is a U.S. buyer, according to a practice group leader at Paul Weiss Rifkind Wharton & Garrison LLP.

  • July 22, 2025

    Haynes And Boone Guides $145M Swanky Tribeca Hotel Refi

    The entity behind a luxury hotel in New York City's Tribeca neighborhood landed a $145 million refinancing for the property from affiliates of Goldman Sachs, which includes $100 million of new equity, according to documents filed in country property records by Haynes and Boone LLP.

  • July 22, 2025

    NYC To Put Housing Processes On November Ballot

    A Charter Review Commission convened by New York City Mayor Eric Adams unveiled a number of proposals on Monday that city voters will see on ballots in November, most of which center on housing.

  • July 22, 2025

    Maynard Nexsen Brings On 8-Atty Atlanta Real Estate Firm

    Maynard Nexsen PC announced Tuesday that it has merged with Atlanta-based real estate firm Miller Lavoie LLP, bringing on eight attorneys to the firm's national footprint to strengthen its real estate investment, development and financing expertise as the firm CEO says they're "hyper-focused on growing our Atlanta presence."

  • July 22, 2025

    Mich. Death Uncaps Trust's Property Value, Tribunal Affirms

    A Michigan property's value was properly uncapped after the settlor of the trust that owned the property died because the death constituted a transfer of ownership, the state tax tribunal ruled. 

  • July 22, 2025

    Rithm Unveils Residential Loan Acquisition Partnership

    Rithm Capital Corp. and "a large institutional investor" have partnered up to fund near-term acquisitions of residential transitional loans that are worth up to $500 million and possibly up to $1.5 billion, Rithm Capital announced Tuesday.

  • July 21, 2025

    Record Crypto Deal Sought For California Property

    California's Manhattan Beach is best known for surfing and beach volleyball, but a local real estate listing is making a play for attention, as the seller's willingness to accept cryptocurrency for the $12 million asking price could set up the state's largest real estate deal closed using digital currency, according to its brokers.

  • July 21, 2025

    Nonprofits Take Aim At New HUD Grant Rules

    A coalition of nonprofit groups filed suit Monday in Rhode Island federal court, challenging new conditions for U.S. Department of Housing and Urban Development grants that target diversity, equity and inclusion programs; abortion access; and transgender individuals.

  • July 21, 2025

    BofA Beats Bias Claims Over Upkeep Of Foreclosed Homes

    A Maryland federal judge on Monday granted Bank of America a win over a series of housing advocacy groups claiming the bank maintained and marketed foreclosed homes differently in white communities than in communities of color following the Great Recession.

  • July 21, 2025

    Wis. Homeowners Lack Basis For Tax Burden Suit, Court Told

    A Wisconsin county, town and tribal school district pushed a federal court to throw out a suit by homeowners who claim the government entities have conspired to expand the Menominee Indian Tribe's holdings of tax-exempt land and increase taxpayers' burden, saying the homeowners lacked standing.

  • July 21, 2025

    Feds Want Early Out For Bank In $3M Redlining Case

    The government told a Pennsylvania federal judge on Monday that a bank it previously accused of discriminatory lending should be released from court oversight because it fulfilled the bulk of its obligations stemming from an approximately $3 million settlement.

  • July 21, 2025

    Windels Marx-Led Co. Lends $305M For Bronx Development

    A Slate Property Group affiliate announced Monday it has provided a $305 million loan to New York-based Beitel Group to support its construction of a multifamily housing property in the Bronx, in a transaction advised by Windels Marx.

  • July 21, 2025

    NYC Real Estate Week In Review

    Seyfarth Shaw and Paul Weiss are among the law firms that picked up work on the largest New York City real estate deals that hit public records last week, a busy period that saw nine deeds above the $20 million mark become public.

  • July 21, 2025

    NY Cleaners Seek $30K In Atty Fees, Costs In Wage Suit Deal

    Cleaners who reached a $75,000 deal to end their suit accusing a real estate investment company and its subsidiary of unpaid wages told a New York federal court their attorneys should receive nearly $30,000 in fees and expenses.

  • July 21, 2025

    Freddie Mac Provides $92M Loan For Calif. Multifamily Refi

    Freddie Mac has provided $91.5 million to refinance a 560-unit multifamily complex in Vallejo, California, according to an announcement from real estate finance firm Walker & Dunlop.

  • July 18, 2025

    Law360 Names 2025's Top Attorneys Under 40

    Law360 is pleased to announce the Rising Stars of 2025, our list of more than 150 attorneys under 40 whose legal accomplishments belie their age.

Expert Analysis

  • How Congress Can Stem Consumer Finance Law Uncertainty

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    In the face of rising uncertainty about consumer finance laws that are based largely on fluctuating administrative rules, Congress should cement certain existing laws into statute and clarify federal agencies' delegations of authority, say attorneys at Bradley Arant.

  • Illuminating The Trend Of Florida's Unpaid Hurricane Claims

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    The sheer number of insurance claims closed without payment for damage caused by Hurricanes Milton and Helene reveals a systemic problem within Florida's insurance industry exacerbated by complex issues, including climate change and state regulators' resource limitations, say attorneys at Farah & Farah.

  • Insurance Considerations For LA Wildfire Recovery

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    Businesses and homeowners affected by the destructive Southern California wildfires must act swiftly and strategically to navigate the complexities of the insurance recovery process, including by identifying all applicable policies, documenting damage thoroughly and keeping abreast of relevant state law, say attorneys at Morgan Lewis.

  • LA Wildfires' Effect On Calif. Insurer Of Last Resort

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    Attorneys at Willkie discuss the background of California's insurer of last resort — known as the Fair Access to Insurance Requirements Plan — and examine the process of assessing member insurers and relevant recent property insurance market developments in light of the destruction from the ongoing Los Angeles wildfires.

  • Algorithm Price-Fixing Ruling May Lower Antitrust Claims Bar

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    A Washington federal court's refusal to dismiss Duffy v. Yardi Systems, an antitrust case over rent prices allegedly inflated by revenue management software, creates an apparent split in the lower courts over how to assess such claims, say attorneys at Morgan Lewis.

  • California's New Homeowner Law Could Hamper Foreclosures

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    While A.B. 2424, which took effect this month in California, gives homeowners in default additional protections, it also provides loopholes that can be used to delay foreclosure auctions, and the cost of these delays will likely be passed on to the borrower, says Stephen Britt at Severson & Werson.

  • Small Biz Caught In Corporate Transparency Act Crossfire

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    Despite compliance being put on hold due to a nationwide preliminary injunction, small businesses have been caught in the middle of the legal battle over the Corporate Transparency Act — and confusion over the law's requirements could result in major penalties, say attorneys at Snell & Wilmer.

  • What's Ahead As Transparency Act Comes To A Crossroads

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    Synthesizing the contrasting federal district and appellate court rulings on the Corporate Transparency Act’s validity reveals several main areas of debate that will likely remain at issue as challenges to the law continue winding through the courts, say attorneys at Farella Braun.

  • Ohio Banking Brief: All The Notable Legal Updates In Q4

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    Ohio's banking and financial services sector saw several significant developments in the fourth quarter of 2024, including a landmark Uniform Commercial Code ruling, adjustments to the state's Homebuyer Plus Program and the launch of the state's first women-led bank, says attorney Alex Durst.

  • In The CFPB Playbook: A Sprint To The Finish Line

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    The fourth quarter of 2024 was an impressive demonstration of the Consumer Financial Protection Bureau's ability to regulate, enforce and supervise, even on borrowed time following the election results, and we should expect the current bureau to run nonstop until Jan. 20, say attorneys at Covington.

  • The 6 Most Significant FCRA Litigation Developments Of 2024

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    From a key sovereign immunity decision at the U.S. Supreme Court to a ruling on creditworthiness out of the Seventh Circuit, several important Fair Credit Reporting Act cases wound their way through the courts in 2024, each offering takeaways for both plaintiffs and defendants, say attorneys at Shipkevich.

  • 10 Noteworthy CFPB Developments From 2024

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    In a banner year for consumer finance regulation, the Consumer Financial Protection Bureau made significant strides in its efforts to rein in Big Tech and nonbank financial firms, including via rules regarding open banking, credit card late fees, and buy now, pay later products, say attorneys at Wiley.

  • The Story Of 2024's Biggest Bank Regs, And Their Fate In 2025

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    U.S. federal bank regulators were very active in 2024 with initiatives ranging from antitrust and capital to proposals regarding controlling shareholders and incentive-based compensation, but many regulations face an uncertain future under the new administration, say attorneys at Latham.