Residential
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November 03, 2025
5 Firms Guide $565M Construction Loan For Miami Tower
Ytech has landed a $565 million construction loan for its 70-story, ultra-luxury residential tower under construction in Miami, in a deal guided by Greenberg Traurig LLP, Kapp Morrison LLP, Gibson Dunn & Crutcher LLP and Adler & Stachenfeld LLP.
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November 03, 2025
Suit Claims Cos. Fraudulently Charging 'Zombie' Loan Interest
A proposed class of borrowers is accusing a mortgage servicer and a debt owner in Virginia federal court of fraudulently charging them thousands of dollars of retroactive interest fees for their "long-dormant," "zombie" mortgage loans.
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November 03, 2025
NYC Real Estate Week In Review
Kelley Drye & Warren LLP, Adler & Stachenfeld LLP and Sullivan & Cromwell LLP guided the largest New York City real estate deals made public last week, which included two office buildings on Third Avenue and a luxury condominium in an Upper West Side skyscraper.
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November 03, 2025
Compass Says Zillow Ban Update Proves Its Point
Real estate brokerage Compass Inc. told a New York federal court Friday that an update on Zillow's website regarding its implementation of an allegedly anticompetitive policy only provides further support for its request to block the policy, days ahead of a preliminary injunction hearing.
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November 03, 2025
Georgia Real Estate Co. Names General Counsel
The Macallan Group LLC in Atlanta has named a Neel Robinson & Stafford LLC partner as its general counsel, the company announced Monday.
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November 03, 2025
Landlords Fight States' Objection To RealPage Settlements
A group of landlords urged a Tennessee federal court to reject arguments lodged by several attorneys general who criticized $141.8 million worth of proposed antitrust settlements that aim to resolve multidistrict litigation accusing the landlords of using property management software company RealPage Inc.'s technology for rent price fixing.
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October 31, 2025
MV Realty Will Pay $2.8M To End NJ Suit Lien Agreements
Florida-based MV Realty has entered into a $2.8 million settlement with New Jersey to resolve a lawsuit claiming it duped cash-strapped homeowners into signing agreements with predatory terms that placed liens on their homes for a one-time cash payment, the state's attorney general's office said Friday.
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October 31, 2025
Real Estate Co. CBRM Affiliates' Ch. 11s Tossed In NJ
A New Jersey bankruptcy judge agreed Friday to dismiss the Chapter 11 proceedings for entities connected to troubled real estate group CBRM Realty Inc., diffusing creditors' efforts to have the cases thrown out as bad-faith filings.
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October 31, 2025
Harbor Group Buys $86M Residential Community Near HQ
Harbor Group International LLC purchased a 480-unit multifamily community in Virginia Beach, Virginia, for $86 million, further expanding its presence in the region that also houses its corporate headquarters, it said.
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October 31, 2025
Newmark Lines Up $600M Refi, Acquisition Financing Deal
Newmark Group Inc. says it has lined up $600 million worth of financing originated by Citi to help Newmark client West Shore acquire three multifamily properties and refinance over $250 million of debt connected to five stabilized properties.
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October 31, 2025
Execs Settle Real Estate Platform Dispute For $30M
Two directors of Fang Holdings Ltd. and their affiliates reached a settlement ending claims they stripped the Chinese online real estate portal operator of its value for personal gain, agreeing to a $30 million cash payment and share transfer.
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October 31, 2025
RealPage, Landlords Flag 'Fatal Deficiencies' In Antitrust Suit
Property management software company RealPage Inc. and multiple landlords are urging a New Jersey federal court to toss the state's rent price-fixing suit, arguing that the suit contains "fatal deficiencies" and that the state is relying on circumstantial evidence in its attempt to show that the defendants made anticompetitive agreements.
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October 31, 2025
NY Atty Recalls Haunted House Case That Made Legal History
Hudson Valley lawyer Bill Stein reflects on the case that gave him “more than 15 minutes of fame,” colloquially known as “the Ghostbusters ruling” — which marks the only time a house in the United States has been declared legally haunted.
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October 31, 2025
Wage Suit Against Property Management Co. Ends For Good
A building and grounds maintenance worker ended his suit in California federal court accusing a property management company of failing to pay minimum wage and overtime after a deal that settled the remaining individual claims.
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October 30, 2025
Michigan Tax Foreclosure Deal At Risk As Deadline Looms
Property owners on Wednesday asked a Michigan federal judge to undo the initial approval of a settlement reached with counties accused of illegally keeping the proceeds of tax-foreclosed home sales, saying the counties' delay in providing information will force claimants to miss a deadline to choose how they want to recover their share.
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October 30, 2025
MG Properties Pays $95.6M For Wash. Multifamily Community
MG Properties has paid $95.6 million to acquire a 344-unit multifamily community in Kent, Washington, that's part of the Lakes at Kent master planned community, the real estate investment company announced Oct. 30.
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October 30, 2025
Apollo's Bridge Investment Nets $2B For Real Estate Debt
Bridge Investment Group, an affiliate of Apollo Global Management, announced Oct. 30 it closed its latest fund for investing in commercial property debt at $2.15 billion and is planning to target deals in the residential rental and logistics sectors.
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October 30, 2025
Arizona Property Management Co. Escapes Age Bias Suit
An Arizona property management company defeated a lawsuit alleging its failure to address ageist comments from country club residents forced a spa manager to quit, as a federal judge ruled that the manager failed to demonstrate the comments created an unlawfully toxic work environment.
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October 30, 2025
NewPoint, Morgan Properties Close $348M RE Fund
NewPoint Real Estate Capital and Morgan Properties have closed their affordable housing-focused credit fund with $348 million worth of equity commitments after the fund started off with a $250 million to $275 million fundraising target, NewPoint announced Oct. 30.
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October 29, 2025
Compass Loses Bid For Redfin Docs In Zillow Antitrust Suit
A New York federal court Wednesday refused to order property listing company Redfin Corp. to turn over documents requested by brokerage Compass in its antitrust suit against Zillow Inc., finding that the request should have been made in Washington federal court instead.
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October 29, 2025
Ex-Chicago Alderman's Aide Pleads Guilty In Bribery Case
The chief of staff to former Chicago City council member Carrie Austin admitted Wednesday he misappropriated Supplemental Nutrition Assistance Program funds in a criminal case that also accused him and Austin of accepting benefits from contractors seeking city assistance for a development project in her ward.
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October 29, 2025
Opendoor Investors Ask For Final OK Of Reforms Settlement
Investors of Opendoor Technologies Inc. have asked an Arizona federal judge to give the final OK to a settlement that includes corporate governance reforms and $1.9 million in attorney fees, to end a derivative suit that claimed they were misled about the efficacy of Opendoor's artificial intelligence pricing algorithm used to buy and sell homes.
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October 29, 2025
Warburg, Madison International Unveil $300M RE Initiative
Private equity firm Warburg Pincus announced Wednesday that it has teamed up with real estate investment firm Madison International Realty to create a $300 million initiative that aims to use "liquidity solutions" to invest in discounted residential, industrial, cold storage and data center properties, among others.
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October 29, 2025
Wells Fargo Agrees To Trim $481M Loan Suit Against JPMorgan
Wells Fargo, JPMorgan Chase & Co., New York City developer Meyer Chetrit and other parties submitted a proposed agreement that will get rid of most of Wells Fargo's nine-count suit accusing JPMorgan and the others in New York federal court of being liable for a $481 million mortgage loan deal that caused "tens of millions of dollars in losses."
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October 29, 2025
Halligan Defends Exchange With Reporter Flagged By James
Federal prosecutors argued that special media restrictions aren't needed in their case against New York Attorney General Letitia James, after her lawyers called out U.S. Attorney Lindsey Halligan's texts to a reporter in a filing last week and asked the court for an order barring further media communications.
Expert Analysis
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Contractor Considerations As Construction Costs Rebound
The U.S. construction industry is navigating rising costs driven by energy and trade policy, which should prompt contractors to review contract structuring, supply chain management and market diversification, among other factors, say attorneys at Cozen O'Connor.
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NC Banking Brief: All The Notable Legal Updates In Q3
There were several impactful changes to the financial services landscape in North Carolina in the third quarter of the year, including statutory updates, enforcement developments from Office of the Commissioner of Banks, and notable mergers, acquisitions and branch expansions, say attorneys at Moore & Van Allen.
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Looking Beyond Property Damages For Wildfire Survivors
Personal injury attorneys seeking compensation for victims of wildfires like those in Los Angeles County must carefully apply a multidisciplinary approach that looks beyond obvious property loss to the full spectrum of damages, considering factors like emotional distress, disruption of community and the psychological toll of displacement, says Farid Yaghoubtil at Downtown L.A. Law Group.
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Calif. Banking Brief: All The Notable Legal Updates In Q3
The third quarter of 2025 brought legislative changes to state money transmission certification requirements and securities law obligations, as well as high-profile accounting and anti-money laundering compliance enforcement actions by the Department of Financial Protection and Innovation, say attorneys at Ropes & Gray.
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A Mortgage Lender's Guide To State Licensing Overhaul
Recent changes to the Conference of State Bank Supervisors' Nationwide Mortgage Licensing System require careful attention and planning from mortgage lenders, including tweaks to remote work designations and individual disclosure questions, says Allison Schilz at Mitchell Sandler.
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Montana Federal Ruling Takes Broad View Of 'Related Claims'
A Montana federal court recently took a broad view of related claims, ruling that claims brought by different plaintiffs in different states alleging different legal theories were nevertheless under a directors and officers insurance policy, illustrating the range of interpretations courts may give these clauses, say attorneys at Hunton.
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Expect DOJ To Repeat 4 Themes From 2024's FCPA Trials
As two upcoming Foreign Corrupt Practice Act trials approach, defense counsel should anticipate the U.S. Department of Justice to revive several of the same themes prosecutors leaned on in trials last year to motivate jurors to convict, and build counternarratives to neutralize these arguments, says James Koukios at MoFo.
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As Student Loan Outlook Dims, What Happens To The Banks?
While much of the news around the student loan crisis focuses on the direct impact on young Americans' decreasing credit scores, the fate of the banks themselves — and the effect on banking policy — has been largely left out of the narrative, says Madeline Thieschafer at Fredrikson & Byron.
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5 Real Estate Takeaways From Trump's Sweeping Tax Law
Changes to the Internal Revenue Code included in the One Big Beautiful Bill Act will have a range of effects on real estate sponsors, investors and real estate investment trusts — from more compliance flexibility around taxable REIT subsidiary limits to new considerations raised by a key retaliatory tax provision that was left out, say attorneys at DLA Piper.
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How Prohibiting Trigger Leads May Affect Mortgage Marketing
Recent amendments to the Fair Credit Reporting Act prohibiting the sale of trigger leads mark a significant shift in the regulatory landscape for mortgage lenders, third-party lead generators and their legal counsel, who should reevaluate lead generation strategies and compliance protocols, say Joel Herberman, Rob Robilliard and Leah Dempsey at Brownstein Hyatt.
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Considerations For Cos. Amid Wave Of CFPB Vacatur Bids
As some entities look to vacate prior voluntary agreements with the Consumer Financial Protection Bureau, there are several considerations companies should take into account before seeking to vacate their settlements in the current legal and regulatory environment, says Jasmine Jean-Louis at Goodwin.
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Rebutting Price Impact In Securities Class Actions
Defendants litigating securities cases historically faced long odds in defeating class certification, but that paradigm has recently begun to shift, with recent cases ushering in a more searching analysis of price impact and changing the evidence courts can consider at the class certification stage, say attorneys at Katten.
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NY Laundering Ruling Leans On Jurisdictional Fundamentals
A New York appeals court’s recent dismissal of Zhakiyanov v. Ogai, a civil money laundering dispute between Kazakh citizens involving New York real estate, points toward limitations on the jurisdictional reach of state courts and suggests that similar claims will be subject to a searching forum analysis, say attorneys at Curtis Mallet-Prevost.