Residential
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February 14, 2025
Morgan & Morgan Atty Accused Of Setting Up Rape Charges
Three men, including a real estate executive and a broker, facing sexual assault charges are asking a Florida court to force prosecutors to hand over reports by the victim's attorney at Morgan & Morgan PA, who the defendants say became part of the prosecution team and helped bring the charges.
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February 14, 2025
Maine Judge Denies Challenge To Corporate Transparency Act
A Maine federal judge on Friday upheld the Corporate Transparency Act, rejecting one of several challenges across federal courts claiming Congress lacked the power to require companies to disclose their real owners.
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February 14, 2025
Munger Tolles Gets $10M Retainer To Rep LA In Fire Litigation
Munger Tolles & Olson LLP has signed a $10 million retainer agreement to represent the Los Angeles Department of Water and Power in a series of lawsuits alleging it irresponsibly left a local reservoir empty ahead of last month's devastating Palisades Fire.
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February 14, 2025
Calif. Insurance Chief Backs Wildfire Mitigation, Recovery Bills
California Insurance Commissioner Ricardo Lara announced his support Friday for a slew of bills aimed at addressing wildfire mitigation and recovery, including measures to maximize insurance claim payouts and stabilize the state's insurer of last resort.
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February 14, 2025
Adams Case Careens Toward 'Messy' Hearing, Experts Say
The Manhattan federal judge overseeing the corruption case against New York City Mayor Eric Adams is unlikely to rubber stamp a request from the U.S. Department of Justice to toss the case and may instead hold a hearing on the matter, which could get "messy" and "embarrassing," experts say.
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February 14, 2025
DOJ Files Motion To Drop Adams Case After Prosecutors Exit
The U.S. Department of Justice filed a motion to dismiss the corruption case against New York City Mayor Eric Adams on Friday evening, following a flood of resignations by government lawyers who defied a top DOJ official's orders to drop the charges for political reasons.
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February 14, 2025
Ex-JPMorgan Atty Pleads Guilty To NYC Housing Fraud
A one-time Bronx, New York, prosecutor and former JPMorgan Chase & Co. assistant general counsel pled guilty along with two relatives to a scheme to fraudulently obtain affordable housing units and benefits, state investigators announced Friday.
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February 14, 2025
Akerman Brings On GC For Land Developer In Miami
Akerman LLP has expanded its real estate practice in Miami with a partner who formerly served as general counsel for the land developer of a master-planned community in South Florida.
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February 14, 2025
KKR Secures Over $850M For Real Estate Credit Strategy
Global investment giant KKR on Friday announced it had clinched its second opportunistic real estate credit fund, raising over $850 million for a dedicated strategy of investments in senior loans and real estate securities in the U.S. and Western Europe.
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February 14, 2025
What REITs Should Know About ESG Under Trump
Public companies in the real estate space should heed President Donald Trump's orders dismantling diversity, equity and inclusion initiatives and think about what those directives mean for their environmental, social and corporate governance practices, a Sidley Austin LLP practice leader said.
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February 13, 2025
Chinese Construction Co. Gets OK For $40M Ch. 11 Financing
CCA Construction Inc., a Chinese state-owned construction firm, received approval to fund its Chapter 11 case with a secured, $40 million debtor-in-possession loan from its parent company, overruling an objection from a developer that had won a $1.6 billion judgment against CCA.
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February 13, 2025
Calif. Fire Debris Ruling Raises LA Blaze Recovery Concerns
A California appellate court's ruling that two homeowners didn't have a covered claim for wildfire debris in their home has raised policyholder concerns that the decision could restrict coverage for Los Angeles fire victims, but some carrier lawyers say the ruling's impact could be limited to claims for lighter damage.
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February 13, 2025
Eric Adams Donor Accused Of Stealing COVID Housing Funds
A New York City hotel owner with ties to Mayor Eric Adams was among three individuals accused of scheming to steal tens of millions of dollars from a program intended to get certain incarcerated individuals out of detention centers during the COVID-19 pandemic, according to an indictment unsealed Thursday.
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February 13, 2025
Condo Association Seeks Over $450K For Property Damage
A Florida condo association is seeking over $450,000 from its insurer for property damage occurring because of various conditions over six years, according to a lawsuit removed to Florida federal court Thursday.
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February 13, 2025
Home Prices In Low-Income Areas On The Rise
The prices of single-family homes saw annual increases in 61% of the low-income areas that Congress sought to economically redevelop with 2017's Tax Cuts and Jobs Act, according to a Thursday report from real estate research firm Attom.
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February 13, 2025
NC Biz Court Bulletin: Defaulted Notes, EB-5 Investor Fraud
The North Carolina Business Court has been handed in the first half of February a receivership case involving a defaulted $17.5 million promissory note, a fraud suit by Chinese EB-5 investors and a request to depose the chief legal officer of Smithfield Foods Inc.
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February 13, 2025
Winston & Strawn Guides $300M Resi Loan Securitizaiton
Residential real estate lender Kiavi Inc., advised by Winston & Strawn LLP, announced Thursday that it closed on the securitization of $300 million in residential transition loans, adding that notes were oversubscribed by five times the available capacity.
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February 13, 2025
Mo. Resolution Seeks Cap For Property Assessment Hikes
An assessment of a residential property in Missouri would not be able to increase more than 8% from its last assessment if voters approve a constitutional amendment under a resolution introduced in the state House of Representatives.
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February 13, 2025
Brookfield Eyes Data Centers In Optimistic Market Outlook
Canadian asset manager Brookfield Corp. said Thursday in its fourth-quarter earnings call it expects the real estate market to recover, and sees big investment opportunities at the intersection of infrastructure and renewable power for data centers.
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February 13, 2025
Atty Can Keep Fees In Foreclosure Row, Mich. Panel Rules
A trial court shouldn't have ordered an attorney to refund fees for representing a condominium association in its failed attempt to foreclose on unit owners because the attorney was not a party to the action or accused of conversion, a Michigan appellate panel found Wednesday.
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February 13, 2025
Artist Sues Over Sculpture Left After Property Sale
An artist says he is owed $175,000 for a sculpture on the grounds of a home in a wealthy Massachusetts waterfront enclave, left there by a friend who sold the property nearly five years ago, according to a lawsuit filed in state court.
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February 13, 2025
SDNY US Atty Resigns, Alleging Trump-Adams 'Quid Pro Quo'
Danielle R. Sassoon, the interim U.S. attorney for the Southern District of New York, resigned Thursday after she refused an order by U.S. Department of Justice officials to drop the federal corruption charges against New York City Mayor Eric Adams and expressed concern the move was part of an improper quid pro quo with President Donald Trump.
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February 13, 2025
NYC Committees OK Resi Project, Citing Steep Affordability
Two key New York City Council committees voted to approve an Akerman LLP-led rezoning application for a 250-unit residential project, announcing Wednesday that they had negotiated deep and permanent affordability carveouts with the developers.
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February 13, 2025
Developer Starts $1B Fla. Mixed-Use Redevelopment Project
Terra started work on the first phase of its $1 billion redevelopment project that aims to turn the Dolphin Station Park-and-Ride Transit Terminal Facility in Miami-Dade County into a 47-acre, mixed-use community with transit options, homes and places to shop, the developer announced Thursday.
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February 12, 2025
One Sotheby President, Wife Hit With Wrongful Death Suit
The president of One Sotheby's International Realty and his wife have been accused in Florida state court of being responsible for causing the death of a woman's adult son in a vehicle collision.

Duane Morris Leader Sees A Looming Tariff 'Tax' Debate
With price increases for certain construction materials likely coming as a result of new tariffs from the White House, contractors may start to make a tax argument in efforts to avoid shelling out additional money for projects, one of Duane Morris LLP's construction leaders told Law360 Real Estate Authority in a recent interview.

Meet The Attys Who Advised A Homebuilder's $5.8B Spinoff
Legal teams at Cleary Gottlieb Steen & Hamilton LLP and Akin Gump Strauss Hauer & Feld LLP helped home construction company Lennar Corp. complete a $5.8 billion spinoff of its land site purchase platform, Millrose Properties Inc., according to a recent announcement.

Ecovie Brings Water Recycling Tech To Real Estate
With building developers and operators increasingly having to pay attention to water management, the property technology firm Ecovie is looking to do its part to help the situation, property by property.
Expert Analysis
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Nippon Order Tests Gov't Control Over Foreign Investments
The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden’s January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government’s microscope, say attorneys at Blank Rome.
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A Look At A Possible Corporate Transparency Act Exemption
Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.
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Emphasize Social Spaces During RE Project Public Review
As Boston continues to work through revisions to its public review process for real estate projects, developers attempting to balance impact mitigation and community improvements may benefit from emphasizing the ways in which development plans can facilitate open social exchange, says David Linhart at Goulston & Storrs.
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Complying With Calif. Price-Gouging Law After LA Fires
The recent tragic Los Angeles fires have brought attention to the state's sometimes controversial price-gouging protections, and every California business should keep the law's requirements in mind, despite the debate over whether these statutes help consumers, say attorneys at Cooley.
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What Contractors Can Do To Address Material Cost Increases
In light of the Trump administration's plans to increase tariffs on Mexico, Canada and China, construction industry players should proactively employ legal strategies to mitigate the impacts that price increases and uncertainty may have on projects, says Brenda Radmacher at Seyfarth Shaw.
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Reg Waiver Eases Calif. Rebuilding, But Proceed With Care
California Gov. Gavin Newsom's executive order suspending some environmental review and permitting requirements for the reconstruction of homes and businesses damaged by recent wildfires may streamline rebuilding efforts, but will require careful navigation of the evolving regulatory landscape, says Gregory Berlin at Alston & Bird.
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A View Of The Shifting Insurance Regulatory Landscape
Attorneys at Eversheds Sutherland explore how the Federal Insurance Office's climate report, the new presidential administration and the California wildfires might affect the insurance regulatory landscape.
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The Tides Are Changing For Fair Access Banking Laws
The landscape of fair access banking laws, which seek to prevent banks from denying services based on individuals' ideological beliefs, has shifted in the last few years, but a new presidential administration provides renewed momentum for advancing such legislation against the backdrop of state efforts, say attorneys at Latham.
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How Congress Can Stem Consumer Finance Law Uncertainty
In the face of rising uncertainty about consumer finance laws that are based largely on fluctuating administrative rules, Congress should cement certain existing laws into statute and clarify federal agencies' delegations of authority, say attorneys at Bradley Arant.
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Illuminating The Trend Of Florida's Unpaid Hurricane Claims
The sheer number of insurance claims closed without payment for damage caused by Hurricanes Milton and Helene reveals a systemic problem within Florida's insurance industry exacerbated by complex issues, including climate change and state regulators' resource limitations, say attorneys at Farah & Farah.
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Insurance Considerations For LA Wildfire Recovery
Businesses and homeowners affected by the destructive Southern California wildfires must act swiftly and strategically to navigate the complexities of the insurance recovery process, including by identifying all applicable policies, documenting damage thoroughly and keeping abreast of relevant state law, say attorneys at Morgan Lewis.
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LA Wildfires' Effect On Calif. Insurer Of Last Resort
Attorneys at Willkie discuss the background of California's insurer of last resort — known as the Fair Access to Insurance Requirements Plan — and examine the process of assessing member insurers and relevant recent property insurance market developments in light of the destruction from the ongoing Los Angeles wildfires.
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Algorithm Price-Fixing Ruling May Lower Antitrust Claims Bar
A Washington federal court's refusal to dismiss Duffy v. Yardi Systems, an antitrust case over rent prices allegedly inflated by revenue management software, creates an apparent split in the lower courts over how to assess such claims, say attorneys at Morgan Lewis.