Residential

  • July 11, 2025

    Colo. Says Modular Home Co.'s Purchases Tax-Exempt

    A company is exempt from sales tax on its purchases of materials to build modular homes in Colorado, the state's Department of Revenue said in a ruling released Friday, finding the materials fall under the state's wholesale exemption.

  • July 11, 2025

    Nonparties Object To 'Oppressive' Subpoenas In Contract Suit

    An apartment complex and a contractor told the North Carolina Business Court that a construction company that filed suit, seeking to prove it was jilted by a subcontractor on more than $13 million worth of electrical work, is overreaching in its request for communications from them.

  • July 11, 2025

    Rent Reward Co. Bilt Hits $10.8B Valuation In Mortgage Push

    Bilt Rewards said it has reached a $10.75 billion valuation after raising $250 million as part of an effort to expand to mortgage-holders its system of offering tenants perks for making rent payments.

  • July 11, 2025

    Judge Upholds NYC Law Blocking Broker Fees For Tenants

    A New York federal judge has refused to preliminarily block a New York City law that bans broker fees for landlord brokers under specific circumstances.

  • July 10, 2025

    Fla. Appeals Court Blocks Termination Of Miami Condo

    A Florida state appeals court on July 10 denied a developer's bid for reconsideration of a ruling blocking its efforts to redevelop a waterfront Miami condominium building by acquiring enough units to control the association and terminate it to make way for a luxury condo tower.

  • July 10, 2025

    Greenberg Traurig Guides $103M NY Archdiocese HQ Sale

    The Greenberg Traurig LLP-led Vanbarton Group purchased the Roman Catholic Archdiocese of New York's headquarters in a $103 million deal, with the aid of $250 million in financing from Eldridge Real Estate Credit, according to a July 10 announcement.

  • July 10, 2025

    NY Appeals Court Reverses Limits On NYC Voucher Reform

    A New York state appellate court on July 10 revived a suit that aimed to require New York City's mayor to enforce a set of reform laws for a city housing voucher program, ruling that the NYC Council wasn't preempted by state law when it passed the laws, and that the mayor must implement the reform laws.

  • July 10, 2025

    NJ Developer Charged With Fraud, Bribing Local Official

    A New Jersey real estate investor and developer has been indicted on a raft of charges for allegedly running a Ponzi-like investment fraud scheme, conspiring to launder drug proceeds, laundering money represented to be drug proceeds as part of a sting operation and bribing a New Jersey politician.

  • July 10, 2025

    Co-Owner Stole $1M From Property Management Co., Suit Says

    A co-owner of a property management company sued her business partner in Colorado state court Wednesday, saying she stole at least $1 million from the company and stopped paying its clients, who have been taking their business elsewhere.

  • July 10, 2025

    Conn. Couple Must Provide Harbor Access, Judge Says

    A Connecticut state court judge has sided with a married Bridgeport couple who sued another married couple over a now-completed home construction project that allegedly blocked the plaintiffs from accessing a local harbor.

  • July 10, 2025

    NY Lawmakers Defend Mayor's Resi Zoning Reform Package

    Lawmakers representing New York City constituents have filed a defense of the City of Yes for Housing Opportunity plan, telling a New York state court that the zoning overhaul is a vital tool in addressing the city's severe housing shortage.

  • July 10, 2025

    Judge Preserves Meritage Stucco Defect Coverage Claims

    A Texas federal judge largely sided with Meritage Homes in a lawsuit to force AIG to cover $11 million paid out to hundreds of homeowners that complained of construction defects on stucco homes in Texas and Florida.

  • July 10, 2025

    Mass. Tax Panel Rejects Effort To Cut $1.45M Condo Value

    The owner of a Massachusetts condo unit failed to present adequate evidence to lower its assessment of $1.45 million, the state's Appellate Tax Board said in an opinion released Thursday, rejecting the owner's comparable sales analyses.

  • July 10, 2025

    HUD Will Speed Up FHA Refinancing For Senior Housing

    The U.S. Department of Housing and Urban Development started a new program that aims to speed up Federal Housing Administration-insured refinancing for residential care facilities such as skilled nursing homes, HUD announced July 10.

  • July 09, 2025

    Zombie Buildings, Conversions And Booming Office CMBS

    While office distress hovers at all-time highs, securitized commercial mortgages for trophy office properties are surging, and a spate of New York City office-to-residential conversions are breathing new life into empty buildings.

  • July 09, 2025

    Mayer Brown Adds Amherst Group GC To Real Estate Group

    Mayer Brown announced Wednesday that it added a real estate and private equity expert to the firm's Los Angeles office, who joins the firm as partner following stints at The Amherst Group and Nuveen Real Estate.

  • July 09, 2025

    Nashville Owners Must Face The Music As Tax Burden Surges

    Property owners in Nashville are facing greater tax burdens in light of a recent jump in property valuations. Burr & Forman partner John F. Rogers Jr., a veteran real estate attorney in the city, spoke recently with Law360 Real Estate Authority about the market's evolution and how he is advising clients on approaching these latest financial developments.

  • July 09, 2025

    Fortune, Blue Road JV Secures $73M Fla. Condo Tower Loan

    Fortune International Group and Blue Road landed a $73.3 million construction loan to build a 16-story short-term rental condominium tower in North Miami Beach, relying in part on funding from the EB-5 visa program, according to a Wednesday announcement.

  • July 09, 2025

    Mich. High Court Affirms Short-Term Rental Deed Restrictions

    The Michigan Supreme Court ruled Wednesday that a private Lake Michigan community's rules bar local property owners from using their lots as short-term rentals.

  • July 09, 2025

    Most Claims Tossed In $60M Mortgage Loan Sale Fraud Case

    Western Alliance Bank and others have escaped several claims in a $60 million suit accusing them of conducting a mortgage loan sale scheme to steal an investment management firm's property rights in the loans and their proceeds.

  • July 09, 2025

    King & Spalding Advises $226M Sunbelt Resi Deal

    King & Spalding guided Slate Asset Management's $226.5 million purchase of a six-property portfolio of multifamily assets across key Sunbelt markets from ZMR Capital, the alternative investment management platform announced.

  • July 08, 2025

    Wells Fargo Seeks Dismissal Of COVID-19 Mortgage Suit

    Wells Fargo said a North Carolina woman's claims that the bank forced the short sale of her home by denying her forbearance on her mortgage as mandated under federal law at the onset of the COVID-19 pandemic should be dismissed for several reasons, including that the short sale never actually occurred.

  • July 08, 2025

    Former Homeowners Land Cert. In Ill. Property Tax Sale Suit

    An Illinois federal court has certified a class of Cook County residents who were stripped of excess equity when their residential properties were sold to recoup property taxes, overriding county objections that homeowners should have to litigate cases individually.

  • July 08, 2025

    Insurer Fights Coverage For $13M Townhome Arbitration Row

    An insurer told a Washington federal court it has no duty to defend or indemnify a developer facing a nearly $13 million arbitration demand from a construction lender, which claims the developer misrepresented the completion of underground facilities at a Seattle townhome project while requesting funds for the work.

  • July 08, 2025

    Tax Court Says IRS Offer In $57M Easement Case Isn't Binding

    A settlement offer the Internal Revenue Service said it mistakenly made to a partnership after rejecting its $57 million conservation easement deduction is not binding, the U.S. Tax Court said Tuesday, declining the partnership's request to enforce the deal.

Expert Analysis

  • The Path Forward For Construction Cos. After Calif. Wildfires

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    The increasing frequency of disastrous wildfires, like those that recently occurred in California, presents a set of complex challenges for the construction industry, including regulatory hurdles and supply chain disruptions that can complicate rebuilding efforts, say attorneys at Cozen O'Connor.

  • Know The Rules And Costs Of New Fla. Condo Inspection Law

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    Following the first report deadline for a structural integrity law meant to prevent disasters like the 2021 Surfside collapse, Florida condominium associations and unit owners should understand the process of conducting compliant inspections and anticipate new assessments to fund required maintenance, say attorneys at Ball Janik.

  • Measuring And Mitigating Harm From Discriminatory Taxes

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    In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.

  • Calif. Banking Brief: All The Notable Legal Updates In Q1

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    Among the most notable developments in California banking in the first quarter of the year, regulators and legislators issued regulations interpreting debt collection laws, stepped up enforcement actions, and expanded consumer protections for those affected by wildfires, says Stephen Britt at Severson & Werson.

  • Addressing Tariff Price Escalation In Construction Contracts

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    As construction projects across the U.S. face uncertainty surrounding material price increases driven by government-imposed tariffs, owners and developers should draft strong contracts to protect themselves from tariff-related cost overruns and delays, say attorneys at Akerman.

  • Reconciling 2 Smoke Coverage Cases From California

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    As highlighted by a California Department of Insurance bulletin clarifying the effect of two recent decisions on insurance coverage, the February state appellate ruling denying coverage for property damage from smoke, ash and soot should be viewed as an outlier, say attorneys at Reed Smith.

  • How Fla. Is Floating A Raft Of Bills To Stem Insurance Woes

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    Proposed reforms that follow a report skewering Florida's insurance industry offer a step in the right direction in providing relief for property owners, despite some limitations, say attorneys at Farah & Farah.

  • After Fires, Calif. Must Streamline Enviro Reviews For Housing

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    Recent waivers to the California Environmental Quality Act and other laws granted by California Gov. Gavin Newsom to expedite reconstruction of residential property damaged in the Los Angeles wildfires are laudable — but given the state's widespread housing shortage, policymakers should extend the same benefits to other communities, say attorneys at Alston & Bird.

  • Making The Opportunity Zones Program Great At Last

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    As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.

  • How 2025 Is Shaping The Future Of Bank Mergers So Far

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    Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.

  • Why NY May Want To Reconsider Its LLC Transparency Law

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    Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

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    The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.

  • California Climate Lawsuit Bill Is Constitutionally Flawed

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    A bill in the California Legislature that would let victims of climate-related disasters like the Los Angeles wildfires sue oil and gas producers for spreading misinformation about climate change is too vague, retroactive and focused on one industry to survive constitutional scrutiny, says Kyla Christoffersen Powell at the Civil Justice Association of California.