Residential
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December 22, 2025
4 Real Estate Sectors To Watch In 2026
Real estate attorneys are expecting trends that surfaced this year to continue and strengthen in 2026, and are keeping a close eye on a few sectors, including data centers and sports real estate development.
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December 22, 2025
Sallie Mae Investor Sues Over Late Student Loan Payments
Sallie Mae is facing a possible class action in New Jersey that accuses the company and its top executives of committing securities fraud by underselling an increase in student loan delinquencies.
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December 22, 2025
Jury Deadlocks In Ex-NY Gov. Aide's Foreign Agent Case
A Brooklyn federal judge on Monday declared a mistrial in a case alleging a former top aide to two New York governors did the bidding of the People's Republic of China at the highest levels of state government in exchange for millions of dollars, after the jury deadlocked on all charges.
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December 22, 2025
Downtown NYC Office-To-Resi Project Lands $867M Financing
A 30-story, office-to-residential conversion project in Lower Manhattan's Financial District, the largest of its kind, has secured an $867 million financing package from an array of lenders, borrower-side broker Walker & Dunlop announced Monday.
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December 22, 2025
Calif. Judge Moves Insurance Compliance Co.'s Antitrust Suit
A California federal judge has transferred an artificial intelligence-driven insurance compliance company's antitrust suit against a property management software company to a different California federal court.
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December 22, 2025
Abrams Fensterman Leader Takes Practice To Tarter Krinsky
Tarter Krinsky & Drogin has hired a former Abrams Fensterman LLP partner who helped lead that firm's practice focused on cooperative and condominium work, as chair of its own cooperatives and condominiums practice, the firm recently announced.
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December 19, 2025
PHH's $29.5M Kickback Deal Gets Final OK After 17 Years
After 17 years of litigation, a certified class of homeowners got the final stamp of approval in California federal court for a $29.5 million settlement with PHH Mortgage and its captive reinsurer, both of which homeowners alleged received unlawful kickbacks from premiums paid for mortgage insurance.
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December 19, 2025
Calif. Appeals Court Upholds Los Angeles' Mansion Tax
A property transfer tax that adds 4% to 5.5% to the cost of Los Angeles real estate deals of more than $5 million is legal under the U.S. and California constitutions, a state appeals panel ruled, upholding a trial court.
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December 19, 2025
Insurer Says No Coverage For Fla. Condo Evacuation Suits
An insurer said it owes no coverage to a condo complex in 23 suits brought by unit owners who say they were forced to evacuate because the complex failed to maintain safe structural conditions, telling a Florida federal court the property damage began prior to the policy.
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December 19, 2025
Bill Shields Public Housing Tenants Using Legal Pot
A pair of Democratic lawmakers from the House and Senate have introduced a bill that would prohibit landlords who take federal funding from evicting tenants or denying applicants just because they use or possess marijuana in a state where it is legal.
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December 19, 2025
Dems Push For Scrutiny Of Compass' $1.6B Anywhere Buy
Democratic senators urged the U.S. Department of Justice and the Federal Trade Commission to scrutinize Compass Inc.'s $1.6 billion buy of rival broker Anywhere Real Estate Inc., saying further consolidation could drive commissions higher and squeeze out remaining competitors.
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December 19, 2025
Multifamily REIT Expands JV With $230M Investment
UDR Inc., a real estate investment trust focused on U.S. apartments, said it has added more multifamily buildings to its joint venture with LaSalle Investment Management, increasing the size of their partnership's value by $230 million.
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December 19, 2025
Borrowers Win Cert. In NC Mortgage Phone Payment Fees Suit
A North Carolina federal judge has certified a class of North Carolina borrowers who claim their loan servicer charged them exorbitant processing fees for paying their monthly mortgage by phone, finding there are common questions that are best resolved in a class action.
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December 19, 2025
Judge Won't Ax Insurer's $3.2M Coverage Dispute
An insurer may proceed with its suit seeking to escape coverage for a $3.2 million judgment against a Florida property owner that was accused of failing to provide adequate security at an apartment complex where a woman was shot, a Florida federal court ruled.
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December 19, 2025
Real Estate Law Firm Expands In Georgia With Athens Office
The real estate law firm Goggans Stutzman Hudson Wilson & Mize LLP announced that it has opened a new office in Athens, Georgia, to be led by a partner with more than 25 years of experience in commercial and residential real estate matters.
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December 18, 2025
Top Property Insurance Decisions Of 2025
A major U.K. insurance ruling on aircraft stranded and seized by Russia joins a slew of important developments in smoke and fire damage coverage, and the arbitration rights of insurance companies, as some of the top property insurance rulings of 2025. Here, Law360 examines a series of rulings that helped advance property insurance law, from a decision poised to reshape aviation insurance, to circuit court rulings that addressed when insurers can arbitrate claims rather than go through the court system.
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December 18, 2025
$10B Verdict Hinges On Witness Order, Katyal Tells Panel
Milbank's Neal Katyal urged a California state appellate panel to grant a new trial to a man who lost an estimated $10 billion verdict when a jury found he violated an oral agreement with his brothers over a real estate empire, saying the witness order violated a civil procedure rule.
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December 18, 2025
NY Jury In FARA Trial Over China Ties Says It's Deadlocked
The Brooklyn federal jury weighing the fate of a former top New York gubernatorial aide accused of secretly acting as a foreign agent for China said Thursday that it cannot reach a unanimous verdict, after five days of deliberations.
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December 18, 2025
Fla. High Court Says $5B Bond Deal Can't Be Set Aside
Florida's Supreme Court agreed Thursday that counties and tax collectors could not reopen a bond validation judgment issuing $5 billion in bonds for renewable energy and hurricane mitigation projects, ruling that state law makes clear that if bonds are validated and there is no appeal, the judgment is final.
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December 18, 2025
New NJ Rules Combat AI And Housing Discrimination
The use of artificial intelligence in hiring practices is among the areas targeted by a sweeping new mandate enacted by New Jersey's Division on Civil Rights meant to shore up protections against discrimination.
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December 18, 2025
NAR Brokers Are Antitrust Conspirators, 10th Circ. Told
Homie Tech Inc. told the Tenth Circuit that the National Association of Realtors can't paint its broker members as third parties in an effort to duck the residential brokerage startup's antitrust claims over a boycott flowing from NAR rules those members followed.
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December 18, 2025
Ariz. Bill Would Bar Local Taxes On Residential Sales
Arizona would retroactively bar local taxes on the sales of certain residential properties under legislation proposed in the state Senate.
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December 18, 2025
IRS Sets Unused Housing Credit Carryovers For 25 States
The IRS published Thursday the amounts of unused housing credit carryovers allocated to qualified states for 2025.
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December 17, 2025
AI Bolstered Proptech Development, Growth In 2025
Amid the ongoing frenzy over artificial intelligence, the property technology sector showed signs of maturing in 2025 along with an upswing in investments.
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December 17, 2025
NYC Real Estate Week In Review
Tarter Krinsky & Drogin LLP, Paul Hastings LLP, Sheppard Mullin Richter & Hampton LLP and DLA Piper were among the law firms that advised the biggest New York City real estate deals in deed filings last week, including two office buildings in Manhattan that sold for over $200 million.
Expert Analysis
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Navigating The Complexities Of NYC Waterfront Development
More than a dozen city, state and federal agencies share oversight of New York City's waterfront, presenting developers and their counsel with both challenges and opportunities to shape the regional and national economy, say attorneys at HSF Kramer.
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New NY Residential Real Estate Rules May Be Overbroad
New legislation imposing a 90-day-waiting period and tax deduction restrictions on certain New York real estate investors may have broad effects and unintended consequences, creating impediments for a wide range of corporate and other transactions, says Libin Zhang at Fried Frank.
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Compliance Is A New Competitive Edge For Mortgage Lenders
So far, 2025 has introduced state and federal regulatory turbulence that is pressuring mortgage lenders to reevaluate the balance between competitive and compliant employee and customer recruiting practices, necessitating a compliance recalibration that prioritizes five key strategies, say attorneys at Mitchell Sandler.
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What Developers Can Glean From Miami Condo Ruling
A Florida state appeals court's recent denial of a Miami condo redevelopment bid offers a detailed blueprint of what future developers must address when they evaluate the condominium's governing declaration and seek to terminate a condominium, say attorneys at Shubin Law.
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6 Questions We Should Ask About The Trump Trade Deals
Whenever the text becomes available, certain questions will help determine whether the Trump administration’s trade deals with U.S. trading partners have been crafted to form durable economic relationships, or ephemeral ties likely to break upon interpretive disagreement or a change in political will, says Ted Posner at Baker Botts.
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CEQA Reform May Spur More Housing, But Devil Is In Details
A recently enacted law reforming the California Environmental Quality Act has been touted by state leaders as a fix for the state's housing crisis — but provisions including a new theoretically optional traffic mitigation fee could offset any potential benefits, says attorney David Smith.
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Wells Fargo Suit Shows Consumer Protection Limits In Mass.
The Massachusetts Appeals Court's May decision in Wells Fargo Bank v. Coulsey underscores that consumer rights are balanced against the need for closure, and even the broad protections of state consumer protection law will not open the door to relitigating the same claims, say attorneys at Greenberg Traurig.
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What Calif. Insurance Ruling Means For Smoke Damage Limits
As California continues to grapple with an increasing number of wildfire claims, a state court's recent Aliff v. California FAIR Plan decision serves as a clear directive to insurers that policy language that narrows the scope of fire coverage below the California Insurance Code's minimum standards is impermissible, say attorneys at Wood Smith.
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The Metamorphosis Of The Major Questions Doctrine
The so-called major questions doctrine arose as a counterweight to Chevron deference over the past few decades, but invocations of the doctrine have persisted in the year since Chevron was overturned, suggesting it still has a role to play in reining in agency overreach, say attorneys at Crowell & Moring.
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What 9th Circ. Ruling Shows About Rebutting SEC Comments
The Ninth Circuit's June opinion in Pino v. Cardone Capital suggests that a company's lack of pushback to a U.S. Securities and Exchange Commission comment may be evidence of its state of mind for evaluating potential liability, meaning companies should consider including additional disclosure in SEC response letters, say attorneys at Barnes & Thornburg.
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2 NY Cases May Clarify Foreclosure Law Retroactivity
Two pending cases may soon provide the long-awaited resolution to the question of whether retroactive application of the New York Foreclosure Abuse Prevention Act violates the state Constitution, providing a guide for New York courts inundated with motions in foreclosure and quiet title actions, says Fernando Rivera Maissonet at Hinshaw & Culbertson.
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Yacht Broker Case Highlights Industry Groups' Antitrust Risk
The Eleventh Circuit recently revived class claims against the International Yacht Brokers Association, signaling that commission-driven industries beyond real estate are vulnerable to antitrust challenges after the National Association of Realtors settled similar allegations last year, says Miles Santiago at the Southern University Law Center and Alex Hebert at Southern Compass.
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A Look At Trump Admin's Shifting Strategies To Curtail CFPB
The Trump administration has so far carried out its goal of minimizing the Consumer Financial Protection Bureau's authority and footprint via an individualized approach comprising rule rollbacks, litigation moves and administrative tools, say attorneys at Holland & Knight.