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Deal Attys Talk Firsts, Copycats And Constant Reinvention

Much of the work of deal attorneys is outside public view, yet their triumphs and innovations set precedent for the market as it evolves.

Close-up of Compass real estate sign, San Francisco, California, March 12, 2026. (Photo by Smith Collection/Gado/Sipa USA)(Sipa via AP Images)

Compass Faces Antitrust Test From NY Regulators, Prof Says

After the country's biggest residential brokerage combined with its biggest rival, New York's attorney general launched a probe into the $1.6 billion merger of Compass and Anywhere Real Estate on antitrust grounds. New York’s investigation comes in a long line of regulatory scrutiny examining brokerage-industry practices. New York University economics professor Lawrence White spoke with Law360 about ramifications of the state’s investigation.

Traffic moves past buildings in New York

NYC 2nd Home Tax Raises Residency, Co-Op Value Questions

A tax on high-value second homes in New York City slated to take effect in the coming months could lead to disputes over whether such a property qualifies as a primary residence and how the value of a cooperative is determined.

Expert Analysis

How Tenants Can Guard Against Unpaid Build-Out Allowances

James Carlon and Janet Scognamiglio

As market pressures on landlords intensify liquidity problems and reimbursement disputes, commercial tenants nego... (more story)

Lessons For Banks From Recent FCA Enforcement Trends

Amanda Santella, Elizabeth McKeen and Ashley Pavel

While government relief programs rely on financial institutions in times of economic uncertainty, recent enforceme... (more story)

NY's Tax On 2nd Homes Compounds Residency Tax Risks

Mark Parthemer

New York’s recently enacted surcharge on high-value second homes reflects a nationwide legislative trend of using ... (more story)

Commercial More

Data Center Tax Fight Spurs Va. House Study Proposal

Trying to move forward Virginia's budget, which has been snarled for weeks amid an intraparty fight over continuing tax breaks for data centers, state House Democrats proposed what they called a compromise pla... (more story)

US Trustee Seeks Fee Cut For Weil In NYC Landlord Ch. 11

The U.S. Trustee's Office is asking a New York bankruptcy judge to give Weil Gotshal & Manges LLP a 20% haircut on its fees for the Chapter 11 of a Manhattan landlord, saying the firm tried to lump together to... (more story)

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Perkins Coie Atty Talks Tax Law 'Tension' In Data Center REITs

A real estate investment trust can be an attractive business model for data centers, but complying with federal REIT rules is tricky for properties with digital infrastructure, given their unique needs, accord... (more story)

Braemar To Cut Ashford Ties In Shift To Self-Managed REIT

Luxury hotel owner Braemar Hotels & Resorts said Friday that it will become internally managed by canceling an advisory agreement with another company that shareholders have argued was the source of self-deali... (more story)

Families Appeal Loss Against Lockheed Martin To 11th Circ.

Three families who accused Lockheed Martin of causing their children's birth defects told a Florida federal court Thursday that they are appealing a May jury verdict in favor of the defense giant to the Eleventh Circuit.

SEC Says PE Fund Hiding Info In Sealed Monitor Reports

The U.S. Securities and Exchange Commission asked a Florida federal court on Wednesday to unseal reports by a court-appointed monitor of a private equity firm accused of defrauding investors in a $1 billion fu... (more story)

KKR, Partners Back Helix AI Infrastructure Venture With $10B

Private equity firm KKR, the Kuwait Investment Authority and Texas-based power generation company Vistra said Thursday they've launched a $10 billion company to deliver infrastructure needed for hyperscalers t... (more story)

Residential More

CMLS Picks LeadingRE's Legal Chief For CEO Role

The Council of Multiple Listing Services has hired Leading Real Estate Companies of the World's chief legal officer and an ex-associate counsel for the National Association of Realtors as CEO, the trade group announced.

CoStar Slams Zillow's Injunction Bid In Compass Antitrust Suit

Commercial real estate information company CoStar asked an Illinois federal court to let it fight Zillow's preliminary injunction bid in the property listing giant's antitrust suit against Compass and others, ... (more story)

Cactus overlooking skyline
Ariz. Judge Backs Homebuilders, Voids Water Surplus Rule

An Arizona state judge has rejected a rule from state regulators requiring housing subdivision developers in the Phoenix area to arrange 25% more water than a project actually needs in order to win approvals, ... (more story)

Mont. Developer Says Colo. Architect Firm's Errors Cost $4.8M

A Colorado architecture firm is accused of causing a nearly $4.8 million increase in the cost of constructing a residential housing development in Bozeman, Montana, in a complaint filed in Colorado state court Thursday.

NJ Apartment Co. Faces More Migrant Discrimination Claims

A property management company has been hit with another lawsuit in New Jersey federal court accusing it of discriminating against prospective tenants based on immigration status, this time from two Egyptian im... (more story)

Ill. Panel Axes $7M Verdict Against Chicago Housing Authority

An Illinois state appellate panel vacated a jury's $7 million award for a Wendy's customer who was injured by a Chicago Housing Authority security guard during a shooting pursuit, saying the agency didn't owe ... (more story)

NC Law Prof On Roofing Resilience and Novel CAT Bonds

University of North Carolina law professor Donald T. Hornstein says a series of bonds that help fund fortified roofs have succeeded in helping NC's insurer of last resort lower its risk exposure.