Residential

  • May 07, 2026

    Hochul Says Budget Deal Will Include NYC 2nd-Home Tax

    New York Gov. Kathy Hochul said Thursday that she reached a budget compromise with lawmakers that includes a tax on high-value second homes in New York City and a tax break for tip income, but the state Assembly speaker denied that a deal had been reached.

  • May 07, 2026

    Sidley Advises $1.3B Multifamily-Focused S3 Fund Close

    Construction lender S3 Capital, advised by Sidley Austin LLP, said Thursday it has raised $1.3 billion in its latest fund closing focused mostly on financing multifamily residential developments.

  • May 07, 2026

    San Francisco Sees Biggest Q1 Real Estate Investment Uptick

    San Francisco witnessed the largest increase in global real estate investment among a group of 16 global markets, according to a report out earlier this week from real estate brokerage firm Jones Lang LaSalle Inc.

  • May 07, 2026

    3 Firms Guide $401M Loan For Luxury Fla. Towers Project

    Northwind Group has originated a $401 million loan for a 14-acre, luxury Florida condominium project in a deal advised by Greenberg Traurig LLP, Polsinelli PC and Jones Foster, the real estate private equity firm said.

  • May 06, 2026

    Semiannual Reporting Sparks Conundrum For REITs

    After the U.S. Securities and Exchange Commission on Tuesday unveiled a proposal to allow companies to make semiannual disclosures, attorneys who advise real estate investment trusts are skeptical that many REITs will opt for less frequent reporting.

  • May 06, 2026

    Mortgage Co. Strikes $9M Deal In NC Phone-Pay Fee Suit

    A certified class of North Carolina borrowers on Wednesday asked a federal judge to preliminarily approve a $9 million settlement to resolve claims their Illinois-based mortgage servicer Dovenmuehle Mortgage Inc. charged them excessive processing fees to pay their bills over the phone.

  • May 06, 2026

    Bronx Landlords Must Pay $31M For Poor Building Conditions

    Two Bronx landlords must pay $31 million in court-ordered penalties for running residential buildings that New York City's government alleges have persistent problems such as pest infestations and lack of indoor heat, the city's mayor's office announced Wednesday.

  • May 06, 2026

    Ga. Panel Won't Overturn Verdict In HOA Pool Dispute

    The Georgia Court of Appeals on Wednesday refused to overturn a jury verdict in favor of a homeowners' association in a case it brought against a couple who built an outdoor kitchen and pool pavilion that were noncompliant with the association's design guidelines.

  • May 06, 2026

    AIG Says Homeowners Waived Bid For New Damages Trial

    An AIG unit fought against a new trial this week in a dispute over the claims process for damage from Hurricane Irma to a $95 million oceanfront mansion, arguing that the homeowners failed to prove compensable damages at trial and waived their right to a new trial.

  • May 06, 2026

    NJ Panel Frees Homeowner From 'Forced Arbitration' Contract

    A New Jersey state appeals court on Wednesday released a homeowner from an arbitration clause that Florida-based MV Realty had agreed not to enforce as part of a deal last year with authorities who sued over the company's allegedly predatory cash-advance agreements.

  • May 06, 2026

    Colo. Investor Claims Biz Partners Illegally Transferred Assets

    A manager of a Colorado investment company accused his business partners on Wednesday of violating a business agreement by transferring shares and selling off properties without his required permission.

  • May 06, 2026

    IRS To Settle More Syndicated Easement Disputes

    Eligible partnerships may soon be able to settle their disputes with the IRS over charitable tax deductions claimed on their donated conservation or historic preservation easements under an upcoming "time-limited" opportunity, the agency announced Wednesday.

  • May 06, 2026

    CBRE Reports Slight Multifamily Uptick As Supply Dissipates

    Multifamily apartment absorption pulled ahead of construction completions during the first quarter of 2026, a hopeful signal that the sector has made steady progress burning off historic levels of supply that peaked in 2024.

  • May 06, 2026

    Average US Residence Costs $554K, IRS Data Shows

    The nationwide average purchase price for U.S. residences in 2026 is $553,900, an increase of $13,200 from last year, according to data the Internal Revenue Service published Wednesday.

  • May 06, 2026

    Polish Antitrust Arm Probing OLX's RE Listings Platform

    Poland's antitrust authority is investigating OLX Capital Group's Otodom real estate listings platform after being notified about "significant" price hikes, the authority announced on Wednesday.

  • May 06, 2026

    Atlanta Housing Gives General Counsel Interim COO Post

    Following the retirement of its longtime chief operating officer, the Atlanta Housing Authority said its general counsel will be appointed to the role on an interim basis while a permanent successor is selected.

  • May 06, 2026

    Mass. Justices Debate Rent Control Religious Carveout

    Massachusetts' highest court appeared divided Wednesday as it considered whether a proposed ballot question to reenact rent control in the state should be struck down because it contains a carveout that includes religious properties.

  • May 06, 2026

    Okla. House OKs Valuation Method Change For Some Rentals

    Oklahoma would allow certain rental housing to be valued using a cost approach instead of an income approach under a bill passed in the state House of Representatives.

  • May 06, 2026

    Real Estate Lawyers On The Move

    Day Pitney, Michael Best and Tarter Krinsky are among the law firms that have made recent real estate or construction hires.

  • May 05, 2026

    NC Law Firm Can Pursue Coverage In $510K Loan Fraud Row

    A North Carolina federal judge on Tuesday said a professional liability insurer must face claims that it has to defend a law firm against allegations it was responsible for a $510,000 fraudulent home loan, finding documents in the closing package could preserve coverage. 

  • May 05, 2026

    9th Circ. Renews Biz Nuisance Claim Over Seattle BLM Protest

    A Ninth Circuit panel partly revived a Korean restaurant and apartment complex owner's lawsuit accusing Seattle of abandoning several city blocks during the 2020 Black Lives Matter protests, ruling Tuesday that the businesses can potentially advance nuisance claims by arguing for the suspension of the statute of limitations.

  • May 05, 2026

    2nd Circ. Says NY Escrow Interest Law Is Preempted, Again

    The Second Circuit ruled Tuesday that national banks are exempt from a New York law that requires interest to be paid on mortgage escrow accounts, handing a key victory to Bank of America NA in closely watched litigation testing the limits of states' banking regulatory authority.

  • May 05, 2026

    Arada London Elevates Head Of Legal To Board As GC

    Real estate developer Arada London said it has appointed its head of legal to the company's board of directors as general counsel.

  • May 05, 2026

    Wis. Village Urges 7th Circ. To Void Oneida Tribal Trust Order

    A Wisconsin village is asking the Seventh Circuit to undo a U.S. Department of the Interior decision to place 500 acres of properties into trust for the Oneida Nation, arguing that a district court ignored evidence of bias and shielded the transactional record from meaningful scrutiny.

  • May 05, 2026

    2 Firms Guide NYC Residential Tower's $158M Refi

    RXR Realty has refinanced a $158 million loan originated by Otéra Capital and secured by a recently constructed New York City apartment building, in a deal guided by Gibson Dunn & Crutcher LLP and Fried Frank Harris Shriver & Jacobson LLP.

Expert Analysis

  • NYC Landlords Should Fight Unlawful Occupancy With 2 Laws

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    New York City property owners should proactively use the Multiple Dwelling Law and Administrative Code to maintain the integrity of the city's housing market, safeguard tenant safety and keep unlawful occupancy disputes out of the already overwhelmed New York City Housing Court, say attorneys at Rosenberg & Estis.

  • Key NY State Grand Jury Rules Can Shape Defense Strategy

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    As illustrated by recent cases, New York state's grand jury rules are more favorable than their federal counterparts, offering a genuine opportunity in some cases for a white collar criminal defendant to defeat or meaningfully reduce charges that a prosecutor seeks to bring, says Ethan Greenberg at Anderson Kill.

  • New Mass. 'Junk Fee' Regs Will Be Felt Across Industries

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    The reach of a newly effective regulation prohibiting so-called junk fees and deceptive pricing in Massachusetts will be widespread across industries, which should prompt businesses to take note of new advertising, pricing information and negative option requirements, say attorneys at Hinshaw.

  • Addressing Legal Risks Of AI In The Homebuilding Industry

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    Artificial intelligence is transforming the homebuilding industry, but the legal challenges posed by its adoption spread across many areas, including contractual liability and intellectual property issues, so builders should adopt strategies to mitigate the risks and position themselves for success, says Philip Stein at Bilzin Sumberg.

  • Compliance Steps To Take As FCRA Enforcement Widens

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    As the Fair Credit Reporting Act receives renewed focus from both federal and state enforcers, regulatory and litigation risk is most acute in several core areas, which companies can address by implementing purpose processes and quick remediation of consumer complaints, among other steps, say attorneys at Wiley.

  • How Calif. Law Cracks Down On Algorithmic Price-Fixing

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    Gov. Gavin Newsom signed two laws this month significantly expanding state antitrust enforcement and civil and criminal penalties for the use or distribution of shared pricing algorithms, as the U.S. Department of Justice has recently wielded the Sherman Act to challenge algorithmic pricing, say attorneys at Pillsbury.

  • New Conn. Real Estate Laws Will Reshape Housing Landscape

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    With new legislation tackling Connecticut's real estate landscape, introducing critical new requirements and legal ambiguities that demand careful interpretation, legal counsel will have to navigate a significantly altered and more complex regulatory environment, say attorneys at Harris Beach.

  • Md. Ruling Spotlights Source-Of-Income Discrimination

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    In Hare v. David S. Brown Enterprises, the Maryland Supreme Court recently ruled that landlords cannot impose income requirements that disqualify tenants relying on housing vouchers, raising questions about applying the disparate impact doctrine in source-of-income discrimination cases, says Yvette Pappoe at the University of the District of Columbia.

  • Colo. Law Brings Some Equilibrium To Condo Defect Reform

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    Colorado's American Dream Act, effective next year, does not eliminate litigation risk for developers entirely, but it does introduce a process, some predictability and a more holistic means for parties to resolve condominium construction defect claims, and may improve the state's housing shortage, says Bob Burton at Winstead.

  • A Primer For Lenders On NY's New Mortgage Disclosure Regs

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    A recent New York regulation requiring licensed lenders and mortgage bankers to distribute a significant new disclosure pamphlet, essentially a borrower bill of rights, to applicants serves as a reminder to the industry to follow existing best practices, says Scott Samlin at Blank Rome.

  • Trump Tax Law Has Mixed Impacts On Commercial Real Estate

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    The One Big Beautiful Bill Act brings sweeping changes to the real estate industry — and while the permanency of opportunity zones and bonus depreciation creates predictability for some taxpayers, sunsetting incentives for renewable energy projects will leave others with hard choices, says Jordan Metzger at Cole Schotz.

  • DOJ Settlement Offers Guide To Avoiding Key Antitrust Risks

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    The U.S. Justice Department's settlement with Greystar Management shows why parties looking to acquire companies that use pricing recommendation software should carefully examine whether the software algorithm and how it is used in the market create antitrust dangers, say attorneys at Fried Frank.

  • Contractor Considerations As Construction Costs Rebound

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    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.