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Real Estate
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March 16, 2026
States Sue Over Trump Cuts To Housing Bias Programs
A group of 15 states and the District of Columbia claimed on Monday that the Trump administration is undermining their enforcement of fair housing laws by threatening to cut off funding from local government programs that enforce fair housing protections for people who are discriminated against for traits such as their sexual orientation.
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March 16, 2026
US Won't Alter Stance After Interior Restores Riverbed Opinion
Federal attorneys told the D.C. federal court that the U.S. Department of the Interior has reinstated a prior legal opinion concluding that North Dakota, not the Mandan, Hidatsa and Arikara Nation, owns mineral rights beneath a portion of the Missouri River flowing through the Fort Berthold Reservation.
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March 16, 2026
Bronx Project Facing Sale Hits Ch. 11 To Probe 'Treachery'
The developer of a 900-unit housing project in the Bronx that was awarded a $55 million state grant in October has filed for bankruptcy to stop a foreclosure sale, blaming what it called "treachery" in the transfer of a senior mortgage, in the second such filing the company brought in recent months.
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March 16, 2026
SoHo Building In NYC Hits Ch. 11, Owing $30M
The owner of a mixed-use building in Manhattan's SoHo neighborhood has filed for Chapter 11 bankruptcy with more than $30.6 million in liabilities, according to a petition filed in New York bankruptcy court.
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March 16, 2026
SD Eliminates Ag Land Assessment, Tax Oversight Task Force
South Dakota eliminated a task force that oversaw the assessment and taxation of agricultural land and required the state Department of Revenue to provide data relating to the valuation of such land to state legislative tax committees under a bill signed by the governor.
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March 16, 2026
IRS' Easement Fraud Penalties Require Trial, 5th Circ. Told
The Internal Revenue Service violated the Seventh Amendment by imposing civil fraud penalties without a jury first reviewing them, a partnership told the Fifth Circuit, arguing the penalties' common-law roots allow the entity to invoke constitutional protections in its conservation easement tax deduction dispute.
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March 16, 2026
NC Seller Can't Duck $200M Apartment Complex Sale Suit
A North Carolina federal judge ruled that an apartment complex owner and affiliated entities can't avoid claims that they improperly held on to a potential buyer's deposit after environmental contamination thwarted a nearly $200 million deal to buy 10 properties.
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March 16, 2026
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court's docket last week featured disputes including an $83.75 million settlement tied to a renewable energy merger, fraud claims in a fertilizer company acquisition and a developer's fight for control of a major Philadelphia redevelopment project.
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March 16, 2026
Public Storage Inks $10.5B Deal To Create Industry Giant
Public Storage Inc. said Monday it has agreed to acquire National Storage Affiliates Trust at an enterprise value of about $10.5 billion, with three law firms advising the REITs as they seek to create one of the largest self-storage platforms in the U.S.
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March 16, 2026
Senior Housing REIT Janus Living Seeks $703M From IPO
Senior housing-focused real estate investment trust Janus Living said Monday that it is seeking about $700 million in an initial public offering this week, advised by Latham & Watkins LLP and Sidley Austin LLP, that follows a carveout this year.
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March 13, 2026
Real Estate Recap: Iran, Investor Optimism, Construction Debt
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including implications for the real estate sector from the war in Iran, what investors are saying about the market and specific asset classes, and a look at where construction debt is ballooning.
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March 13, 2026
Fla. Land Use Bill Passes With Controversy Quelled In Part
On the final day of their annual regular session, Florida lawmakers passed a bill that imposes a variety of preemptions on local governments' land use review after they removed parts that threatened Miami's Urban Development Boundary but left in a provision that clears a path for a controversial project in Miami Beach.
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March 13, 2026
Trump Orders Seek To Spur Home Building, Mortgage Access
President Donald Trump signed two executive orders Friday that seek to get rid of certain regulations, with the goal of making it easier to build affordable housing and obtain mortgages.
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March 13, 2026
Fed. Bill Would Transfer 860 Acres To Calif.'s Pechanga Band
A coalition of federal California lawmakers have introduced legislation that would transfer 860 acres from the U.S. Bureau of Land Management into trust for the Pechanga Band of Indians.
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March 13, 2026
GSA Pans Giving 'Unelected Judiciary' Sway Over Property
The federal government's landlord told the federal judiciary it is "ill equipped" to have direct authority to maintain its buildings.
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March 13, 2026
Walmart Says Pa. Store Didn't Break Grocery Sales Agreement
Walmart wants to throw out a neighboring property owner's claim that a Pittsburgh-area store breached the terms of a nearly 30-year-old easement agreement, arguing a lawsuit's allegation that it had been in violation of an agreement not to compete on grocery sales for years was too vague and too late.
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March 13, 2026
Nixon Peabody Adds RE Attys To SF, DC Offices
Nixon Peabody LLP has hired two veteran real estate attorneys for counsel roles in its San Francisco and Washington, D.C., locations, the firm announced.
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March 13, 2026
Esquire's $348M Signature Deal Bolsters Litigation Platform
Esquire Financial Holdings Inc. has agreed to buy the parent company of Signature Bank in a roughly $348.4 million deal that Esquire said will help expand its Chicago-area commercial banking presence and support growth of its litigation banking platform.
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March 12, 2026
ICE Ordered To Pause Detention Project Over Enviro Concerns
The U.S. Department of Homeland Security must halt the construction of a planned immigration detention facility in Maryland, a federal judge has ordered, saying that the department likely failed to take a "hard look" at the construction's potential environmental impact.
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March 12, 2026
Steep Senate Majority Passes Landmark Housing Bill
The U.S. Senate has passed landmark legislation aimed at boosting housing supply and cutting housing costs across the country, with steep bipartisan support despite concerns over a provision that stakeholders claim could undermine the "build-to-rent" sector.
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March 12, 2026
Holland & Knight's San Francisco Office Shifts Leadership
Holland & Knight LLP announced on Thursday that it has appointed a real estate finance attorney who co-chairs the firm's healthcare finance practice to take the reins of its San Francisco office.
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March 12, 2026
TV Network Founder, IRS Seek Settlement In $18M Tax Case
The owner of a broadcasting company whose deal to sell $75 million in assets fell through is headed to settlement negotiations with the federal government over $18 million in taxes related to his father's estate, according to Michigan federal court filings.
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March 12, 2026
Fed. Circ. Won't Revive Buy Belize Scam Case
The Federal Circuit on Thursday backed a lower court ruling that tossed a suit filed by investors who claimed the Maryland federal court wrongfully refused to return seized assets that were taken to satisfy its $120.2 million judgment for the federal government's real estate fraud suit.
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March 12, 2026
Pot Landlord's Suit Against Town Over Revocation Trimmed
A Michigan federal judge dismissed most claims against a Royal Oak Township official and a government contractor in a suit from a cannabis real estate business alleging its licenses were wrongly revoked.
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March 12, 2026
NM Bars Local Gov'ts From Levying Tax On Child Care Homes
New Mexico barred local governments from imposing certain taxes on registered child care homes under a bill signed by the governor.
Expert Analysis
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How Workforce, Tech Will Affect 2026 Construction Landscape
As the construction industry's center of gravity shifts from traditional commercial work to infrastructure, energy, industrial and data-hosting facilities, the effects of evolving technology and persistent labor shortages are reshaping real estate dealmaking, immigration policy debates and government contracting risk, say attorneys at Cozen O'Connor.
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Opinion
A Uniform Federal Rule Would Curb Gen AI Missteps In Court
To address the patchwork of courts’ standing orders on generative artificial intelligence, curbing abuses and relieving the burden on judges, the federal judiciary should consider amending its civil procedure rules to require litigants to certify they’ve reviewed legal filings for accuracy, say attorneys at Shook Hardy.
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AG Watch: Texas Junk Fee Deal Shows Enforcement Priorities
Texas Attorney General Ken Paxton's recent $9.5 million settlement with online travel agency website Booking Holdings for so-called junk fee practices follows a larger trend of state attorneys general who have taken similar action and demonstrates the significant penalties that can follow such allegations, say attorneys at Kelley Drye.
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Series
The Law Firm Merger Diaries: Integrating Practice Groups
Enacting unified leadership and consistent client service standards ensures law firm practice groups connect and collaborate around shared goals, turning a law firm merger into a platform for growth rather than a period of disruption, says Brian Catlett at Fennemore Craig.
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Receivership Law May Streamline Real Estate Sales In Illinois
The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.
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Opinion
Supreme Court Term Limits Would Carry Hidden Risk
While proposals for limiting the terms of U.S. Supreme Court justices are popular, a steady stream of relatively young, highly marketable ex-justices with unique knowledge and influence entering the marketplace of law and politics could create new problems, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.
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Navigating A Sea Change In Rent Algorithm Regulation
The U.S. Department of Justice's proposed settlement of the RealPage lawsuit represents a pivotal moment in the regulation of algorithmic rent-setting, restraining use of these tools amid a growing trend of regulatory limits on use of algorithmic data and methodologies in establishing housing rental prices. say attorneys at Wilson Elser.
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How Choice Of Law Won The Day In NC Biz Court COVID Case
The North Carolina Business Court recently ruled for policyholders in Tanger Properties v. ACE American Insurance, a business interruption lawsuit arising from the pandemic-related closure of Tanger outlet centers, underscoring the significant role that choice of law plays in insurance coverage disputes, say attorneys at Hunton.
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Series
Knitting Makes Me A Better Lawyer
Stretching my skills as a knitter makes me a better antitrust attorney by challenging me to recalibrate after wrong turns, not rush outcomes, and trust that I can teach myself the skills to tackle new and difficult projects — even when I don’t have a pattern to work from, says Kara Kuritz at V&E.
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The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations
Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.
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Series
The Biz Court Digest: Welcome To Miami
After nearly 20 years in operation, the Miami Complex Business Litigation Division is a pioneer upon which other jurisdictions in the state have been modeled, adopting many innovations to keep its cases running more efficiently and staffing experienced judges who are accustomed to hearing business disputes, say attorneys at King & Spalding.
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What Law Firm Liability Risks In 2025 Signal For Year To Come
Trends and statistics reveal that law firms of all sizes and practice areas remained attractive litigation targets this year, so firms must take concrete steps to avoid professional liability risks in the year to come, say Douglas Richmond and Andrew Ricke at Lockton Companies.
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Recent Proposals May Spell Supervision Overhaul For Banks
A slew of rules recently proposed by the federal banking agencies with approaching comment deadlines would rewrite supervision standards to be further tailored to banks' size and activities, while prioritizing financial risks over process, documentation and other nonfinancial risks, say attorneys at Davis Wright.
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AI Evidence Rule Tweaks Encourage Judicial Guardrails
Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.
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Where Things Stand At The CFPB As Funding Dries Up
The Consumer Financial Protection Bureau is on pace to run out of funding in the new year, threatening current and future rulemaking efforts, but a rapid series of recent actions still carries significant implications for regulated entities and warrants careful monitoring in the remaining weeks of the year, say attorneys at Brownstein Hyatt.