Residential
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October 10, 2025
Ex-Trump Ally Felix Sater Liable In Money Laundering Trial
A bank and a Kazakh city won $52 million in New York federal court over claims that real estate financier and former Donald Trump ally Felix Sater skimmed money while helping others launder tens of millions of dollars, according to the plaintiffs.
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October 10, 2025
Calif. Panel Says City's Affordable Housing Map Is Flawed
A California appellate court has revived a lawsuit brought by developers challenging Redondo Beach's plans to develop lower- and moderate-income housing, ruling on Friday the city's map for the plans violates state law.
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October 10, 2025
Retribution, Intent Claims May Defuse Bombshell James Case
The Trump administration's indictment of New York Attorney General Letitia James is tightly crafted and offers a straightforward presentation of the government's case, but experts say James appears to have a strong argument that she did not intend to break the law and is being unfairly targeted for what amounts to a minor offense.
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October 10, 2025
Toll Bros. Asks For Win Against Tile Co. In Building Flaw Case
Construction firm Toll Brothers has asked a Connecticut judge to enter a win on a single targeted claim against a tile and stone subcontractor it blames for alleged building defects raised in a lawsuit by a senior living community.
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October 10, 2025
EU Digital VAT Plan May Put Smaller Rental Cos. In Tight Spot
The European Union's plan to make online platforms responsible for collecting value-added tax payable by their users could pose compliance challenges that threaten smaller short-term rental companies, experts say, while larger platforms such as Airbnb are more able to stomach the costs.
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October 09, 2025
NY Atty General Indicted Following Pressure From Trump
New York Attorney General Letitia James was indicted in Virginia federal court Thursday on charges related to mortgage fraud, three weeks after President Donald Trump wrote a social media post encouraging U.S. Attorney General Pam Bondi to take action because James and two other political opponents were "guilty as hell."
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October 09, 2025
Private Flood Carriers See Opportunity In Federal NFIP Lapse
Private flood insurance executives see a market opportunity for a growing sector of the property and casualty industry as the National Flood Insurance Program remains restricted in its ability to renew or sell flood coverage amid the government shutdown.
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October 09, 2025
Drones May Boost Claim-Handling Efficiency, Carrier Pros Say
As insurance carriers evaluate ways to utilize new technologies in their claims and underwriting processes, the use of drones and aerial imagery has emerged as an opportunity to improve response times and efficiency, specifically in connection with natural disasters, insurer-side experts say.
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October 09, 2025
Ohio Judge OKs Trimmed Norfolk Southern Derailment Suit
An Ohio federal judge approved on Thursday a joint dismissal motion filed by two kennel owners and Norfolk Southern that will permanently toss the kennel owners' property claims from their derailment suit against the railroad company.
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October 09, 2025
2 Firms Ink $132M Miami Student Housing Refinancing
Holland & Knight LLP and Day Pitney LLP guided the $132 million financing of a TREO Group student housing community serving University of Miami students, consolidating two previous construction loans, per a statement from Day Pitney.
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October 09, 2025
FinCEN Extends Residential Real Estate Targeting Orders
The Financial Crimes Enforcement Network announced Oct. 9 that it has renewed directives requiring title insurance companies to identify the people behind shell companies in non-financed, residential property deals in over a dozen states.
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October 09, 2025
Brockstedt Mandalas Grows In Delaware With Real Estate Atty
Brockstedt Mandalas Federico LLC has added a longtime Delaware lawyer who previously operated his own civil litigation firm for more than a decade to handle real estate, landlord and tenant matters, among others.
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October 09, 2025
Brokerage Urges 10th Circ. To Revive NAR Antitrust Suit
A residential brokerage startup has pushed the Tenth Circuit to reinstate its permanently dismissed antitrust suit against the National Association of Realtors and multiple brokerages, which were accused in Utah federal court of conspiring against the startup because it offered lower buyer-broker commission fees.
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October 08, 2025
S. Fla. Real Estate Pros See Slower But Resilient Market
The South Florida real estate market has seen its frenetic pace of growth slow in the past year — with a recent report even rating Miami as having the world's biggest housing bubble — but local real estate professionals expressed confidence at an event Wednesday that there are more bright days ahead.
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October 08, 2025
5th Circ. Says Some NOLA Rental Rules Are Unconstitutional
A Fifth Circuit panel partially revived a proposed class action filed by homeowners and two companies challenging New Orleans' short-term rentals regulations, ruling in a published opinion that some of the regulations are unconstitutional.
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October 08, 2025
Wash. Condo Owner Seeks $8.1M In Water Damage Coverage
A condominium association said its insurer must provide coverage for more than $8.1 million in hidden water damage, telling a Washington federal court the insurer failed to acknowledge that weather conditions such as rain and wind-driven rain contributed to the damage and are covered under its policies.
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October 08, 2025
High Court Open To Allowing USPS 'Campaign Of Terror' Suit
The U.S. Supreme Court appeared likely Wednesday to let a Texas woman pursue claims that U.S. Postal Service workers engaged in an alleged "racially motivated harassment campaign," with several justices doubting that a federal tort law immunized the service from being held liable for intentional delivery failures.
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October 08, 2025
Over A Dozen Firms Have Aided Top Real Estate Deals Of 2025
Stibbe and A&O Shearman are among the law firms that helped with the 10 largest global real estate mergers and acquisitions through the third quarter.
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October 08, 2025
Ind. Justices Toss Tax Challenge Over Homestead's Scope
Indiana homeowners who claim that the 1-acre limit for the state's reduced homestead tax rate is unconstitutional failed to show that property beyond that limit is used as part of their primary residence, which undercuts their case, the state Supreme Court ruled Wednesday.
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October 08, 2025
Harbor Group Lands $356M Freddie Mac Loan For Resi Buy
Harbor Group International secured a $356.4 million Freddie Mac loan for its purchase of a portfolio of multifamily properties in Massachusetts and Rhode Island, borrower-side broker Walker & Dunlop announced Wednesday.
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October 08, 2025
Lender, Servicer Fight Bid To 'Relitigate' Foreclosure Claims
A state-run mortgage lender and a servicer asked a New York federal court to dismiss a proposed class action alleging that they schemed to inflate interest calculations in foreclosure cases, arguing that the borrower is attempting to improperly relitigate a state court's foreclosure judgment.
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October 08, 2025
Landlord Loses Bid To Depose DC In RealPage Case
A District of Columbia Superior Court judge has rejected a landlord's bid to depose D.C. for the city's rent price-fixing suit against property management software company RealPage Inc. and multiple landlords.
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October 08, 2025
NYC Real Estate Week In Review
Greenberg Traurig scored work on the two largest New York City real estate deals to hit public records last week, both of which were nine-figure transactions.
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October 07, 2025
Mortgage Giants Shared Data To Fix Rates, Homeowners Say
A proposed class of homeowners has launched a sweeping class action against Rocket Mortgage, Wells Fargo, JPMorgan Chase and more than two dozen other mortgage lenders, accusing them of conspiring through Optimal Blue's pricing software to secretly share sensitive data and fix mortgage rates nationwide, allegedly inflating costs and deepening the U.S. housing affordability crisis.
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October 07, 2025
6th Circ. OKs Contested Deal In Foreclosure Class Action
The Sixth Circuit on Monday affirmed the approval of a contested settlement to resolve claims that 43 Michigan counties illegally kept the proceeds from the sales of tax-foreclosed properties, although one judge's concurrence said he did so "with the greatest reluctance."
Expert Analysis
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Year Of The Snake Will Shake Up RE And Mortgage Finance
The year ahead may bring profound transformation and opportunities for growth in the real estate and mortgage finance sectors, with significant issues including policy battles and questions surrounding the future of Fannie Mae and Freddie Mac, says Marty Green at Polunsky Beitel.
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How Southern Calif. Fires Can Affect National, Local Pricing
The fire-related California state of emergency declared last month in Los Angeles and Ventura counties triggered laws around price-gouging and pricing restrictions that affect not just individuals and businesses in the state, but also nationwide, meaning sellers should be mindful of how price changes are discussed and rolled out, say attorneys at Proskauer.
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CFPB Small Biz Study Brings Fair Lending Considerations
The Consumer Financial Protection Bureau's recent report highlighting potential racial discrimination in small business lending may not result in more aggressive enforcement under the Trump administration — but lenders can expect state regulators, private plaintiffs and advocacy groups to step up their own efforts, say attorneys at Husch Blackwell.
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Expect To Feel Aftershocks Of Chopra's CFPB Shake-Up
Publications released by Consumer Financial Protection Bureau personnel in the last days of the Biden administration outline former Director Rohit Chopra's long-term vision for aggressive state-level enforcement of federal consumer financial laws, opening the doors for states to launch investigations and pursue actions, say attorneys at Hudson Cook.
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Corp. Transparency Act's Future Under Treasury's Bessent
The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.
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Nippon Order Tests Gov't Control Over Foreign Investments
The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden’s January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government’s microscope, say attorneys at Blank Rome.
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A Look At A Possible Corporate Transparency Act Exemption
Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.
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Emphasize Social Spaces During RE Project Public Review
As Boston continues to work through revisions to its public review process for real estate projects, developers attempting to balance impact mitigation and community improvements may benefit from emphasizing the ways in which development plans can facilitate open social exchange, says David Linhart at Goulston & Storrs.
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Complying With Calif. Price-Gouging Law After LA Fires
The recent tragic Los Angeles fires have brought attention to the state's sometimes controversial price-gouging protections, and every California business should keep the law's requirements in mind, despite the debate over whether these statutes help consumers, say attorneys at Cooley.
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What Contractors Can Do To Address Material Cost Increases
In light of the Trump administration's plans to increase tariffs on Mexico, Canada and China, construction industry players should proactively employ legal strategies to mitigate the impacts that price increases and uncertainty may have on projects, says Brenda Radmacher at Seyfarth Shaw.
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Reg Waiver Eases Calif. Rebuilding, But Proceed With Care
California Gov. Gavin Newsom's executive order suspending some environmental review and permitting requirements for the reconstruction of homes and businesses damaged by recent wildfires may streamline rebuilding efforts, but will require careful navigation of the evolving regulatory landscape, says Gregory Berlin at Alston & Bird.
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A View Of The Shifting Insurance Regulatory Landscape
Attorneys at Eversheds Sutherland explore how the Federal Insurance Office's climate report, the new presidential administration and the California wildfires might affect the insurance regulatory landscape.
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The Tides Are Changing For Fair Access Banking Laws
The landscape of fair access banking laws, which seek to prevent banks from denying services based on individuals' ideological beliefs, has shifted in the last few years, but a new presidential administration provides renewed momentum for advancing such legislation against the backdrop of state efforts, say attorneys at Latham.