Residential

  • September 23, 2024

    Va. Co. Raises $65M For Opportunity Zone Residential Project

    Capital Square announced Monday that the Virginia-based real estate firm raised $65 million for its latest opportunity zone fund offering, which will pay for construction of a 352-unit multifamily development in Richmond, Virginia.

  • September 23, 2024

    NJ Justices Probe State's Role In Tax Sale Foreclosures

    The New Jersey Supreme Court on Monday probed whether the state's Tax Sale Law still holds up in the wake of a 2023 U.S. Supreme Court ruling that the government cannot profit from a property seizure, pondering the state's role in tax sale foreclosures and if a private, third-party lienholder could be considered a state actor.

  • September 23, 2024

    Court Sinks Antitrust Claims Against Suns Owner

    A Florida federal court adopted the recommendations of a magistrate judge and tossed a mortgage broker's antitrust case against the owner of the NBA's Phoenix Suns and his company, United Wholesale Mortgage, over an alleged boycott.

  • September 23, 2024

    Brockovich, Attys Warn Of PFAS Dangers At Ga. Town Halls

    More than 400 people gathered in northwest Georgia over the weekend to attend two town hall meetings hosted by a group of law firms and paralegal-turned-environmental advocate Erin Brockovich concerning claims of local water and environmental contamination allegedly caused by chemical giant 3M Co., as well as the potential health risks associated with so-called forever chemicals.

  • September 23, 2024

    NYC Real Estate Week In Review

    Jeffrey Zwick & Associates and Rosenbaum & Associates are among the law firms that scored work on the largest real estate deals that hit New York City public records last week, with transactions in three boroughs landing on the list of the week's biggest matters.

  • September 23, 2024

    Minn. Court Won't Slash Home's $189K Tax Valuation

    A Minnesota homeowner's attempt to cut the tax valuation of his home by nearly one-third was rejected by the state tax court, which said his use of comparable sales fell short of the evidence needed to overturn the assessment.

  • September 23, 2024

    Real Estate Financier Raises More Than $1B In Its 1st Year

    CV3 Financial Services brought in over $1 billion worth of private loans in less than a year after the real estate financier provided funds for its first loan, the company announced Monday.

  • September 23, 2024

    Mich. Township Scores Partial Win In Suit Over Bike Path Law

    A Michigan federal judge ruled that Jamestown Charter Township's ordinance allowing authorities to require developers to fund bike path construction is not facially unconstitutional, despite finding the municipality's recent tweaks to the law to be "suspicious."

  • September 23, 2024

    Saul Ewing Atty Says Fed Interest Rate Cut Creates Optimism

    Saul Ewing LLP's real estate practice vice chair and partner Damon Juha said in an interview with Law360 Real Estate Authority that the Federal Reserve's half-point rate cut is creating much-needed optimism in the world of real estate lending.

  • September 23, 2024

    Hawaii Judge Says Tenants Must Arbitrate Water Pollution Suit

    The named plaintiffs in a proposed class of Hawaii tenants must arbitrate the individual claims in their water contamination case against a landlord while their other claims are paused, an Aloha State federal judge has ruled.

  • September 23, 2024

    Julie Chrisley Fights For Sentence Cut After 11th Circ. Ruling

    Former reality TV star Julie Chrisley asked a Georgia federal judge on Friday to resentence her to no more than five years for her role in a $36 million tax evasion and fraud scheme, arguing against prosecutors' insistence that the seven-year sentence she was previously given be kept intact.

  • September 20, 2024

    Eviction Law Firm Says Tenant's Fee Class Action Untimely

    An eviction law firm pushed a Colorado federal court to toss a proposed class action filed by tenants who claim the firm illegally charged them attorney fees before their eviction proceedings were resolved.

  • September 20, 2024

    Property Plays: Ares, Crossroads Hospice, Fifth Ave. Condo

    Property Plays is a weekly roundup of the latest loans, leases, sales and projects around the country. Send your tips — all confidential — to realestate@law360.com.

  • September 20, 2024

    Georgia-Pacific To Turn Atlanta HQ Into Mixed-Use Hub

    Georgia-Pacific plans on redeveloping its 51-story global headquarters in downtown Atlanta into a mixed-use hub that includes offices, retail locations, residential buildings and restaurants, the manufacturing company announced.

  • September 20, 2024

    Judge Keeps Alive Suit To Force Bal Harbour Housing Plan

    A developer is going ahead with litigation to compel a local government to allow a workforce housing development in Bal Harbour, Florida — an upscale village north of Miami — to move forward, in a case testing new state legislation to support affordable housing projects.

  • September 20, 2024

    Pfizer HQ Resi Conversion Backers Land $75M In Financing

    David Werner Real Estate Investments and residential conversion expert Metro Loft Management have secured $75 million in financing from Northwind Group to purchase a partner's stake in the former Pfizer Manhattan headquarters, according to a statement from Marcus & Millichap.

  • September 20, 2024

    Insurers Say Ky. House Damage Wasn't From Mine Collapse

    Insurers told a Kentucky federal court to toss a couple's case seeking compensation for damage to their home because of coal mine subsidence, arguing the damage wasn't caused by a collapsing void underground.

  • September 20, 2024

    Morgan Lewis Hires Sidley Structured Transactions Partner

    Morgan Lewis & Bockius LLP announced Friday that it has hired the co-leader of Sidley Austin LLP's residential mortgage-backed securities team to further expand its structured transactions practice in New York.

  • September 20, 2024

    Tribe's Stateless Status Undoes $1.9M Construction Suit

    A Massachusetts federal judge on Thursday tossed a New York construction company's $1.9 million lawsuit against the Mashpee Wampanoag Tribe, finding the tribe's stateless position leaves the court with no jurisdiction to decide the case.

  • September 20, 2024

    Green Groups Can't Bar Housing Project, SC Judge Says

    A South Carolina federal judge on Thursday denied conservation groups' push to block a 9,000-unit housing development on the Cainhoy Peninsula near Charleston, ruling they've not shown they're likely to succeed in a case challenging federal reviews and approvals.

  • September 19, 2024

    US Argues Court Can't Stop Tribe From Blocking Roads

    The U.S. government told a Wisconsin federal judge that a town's lawsuit seeking to stop the Lac du Flambeau Band of Lake Superior Chippewa Indians from barricading roads on tribal land can't be enforced, saying the Native American tribe is immune from the suit.

  • September 19, 2024

    Mich. Atty Gets 1 Year For Inflating Apartment Values

    A Michigan attorney and real estate executive was sentenced Thursday to one year and a day in prison for inflating how profitable his company's apartments were, allowing him to sell them for more than $500 million. 

  • September 19, 2024

    NYC Condo Owner Seeks Fast Confirmation On Ch. 11 Plan

    Bankrupt New York City condominium complex Hudson 888 Owner LLC asked a New York bankruptcy judge to put it on the fast track to a confirmation hearing for its third proposed Chapter 11 plan, under which it would hand over residential real estate units to its main lender to clear debts.

  • September 19, 2024

    Proposed $4B Hawaii Fire Deal Faces Insurance Questions

    A proposed $4 billion settlement made on behalf of the victims of a 2023 wildfire in Hawaii could be imperiled depending on how the Hawaii Supreme Court approaches key questions concerning insurers' rights to recoup payments made to the victims.

  • September 19, 2024

    Calif. City Defies State With Shelter Moratorium Extension

    Norwalk, California, voted to extend a moratorium on new shelters and other forms of supportive housing in defiance of the state, a day after Gov. Gavin Newsom warned that the city's temporary ban was illegal.

Expert Analysis

  • Glassblowing Makes Me A Better Lawyer

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    I never expected that glassblowing would strongly influence my work as an attorney, but it has taught me the importance of building a solid foundation for your work, learning from others and committing to a lifetime of practice, says Margaret House at Kalijarvi Chuzi.

  • How NY Co-Ops Can Minimize Sale Rejections Based On Price

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    New York co-op sales are regularly rejected for being below undisclosed price minimums, and co-op boards should address this problem by sharing information more transparently and allowing some flexibility for below-market sales, say Pierre Debbas and Seth Feldman at Romer Debbas.

  • Money, Money, Money: Limiting White Collar Wealth Evidence

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    As courts increasingly recognize that allowing unfettered evidence of wealth could prejudice a jury against a defendant, white collar defense counsel should consider several avenues for excluding visual evidence of a lavish lifestyle at trial, says Jonathan Porter at Husch Blackwell.

  • High Court's BofA Ruling Leaves State Preemption Questions

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    A recent U.S. Supreme Court decision in Cantero v. Bank of America sheds light on whether certain state banking regulations apply to federally chartered banks, but a circuit split could still force the Supreme Court to take a more direct position, says Brett Garver at Moritt Hock.

  • How A Bumblebee Got Under Calif. Wildlife Regulator's Bonnet

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    A California bumblebee's listing as an endangered species could lead to a regulatory quagmire as California Department of Fish and Wildlife permits now routinely include survey requirements for the bee, but the regulator has yet to determine what the species needs for conservation, says David Smith at Manatt.

  • The Clock Is Ticking For Fla. Construction Defect Claims

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    Ahead of the fast-approaching July 1 deadline for filing construction defect claims in Florida, Sean Ravenel at Foran Glennon discusses how the state's new statute of repose has changed the timeline, and highlights several related issues that property owners should be aware of.

  • Wiretap Use In Cartel Probes Likely To Remain An Exception

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    Although the U.S. Department of Justice's Antitrust Division has recently signaled interest in wiretaps, the use of this technology to capture evidence of antitrust conspiracies and pursue monopolization as a criminal matter has been rare historically, and is likely to remain so, say Carsten Reichel and Will Conway at DLA Piper.

  • Playing Chess Makes Me A Better Lawyer

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    There are many ways that chess skills translate directly into lawyer skills, but for me, the bigger career lessons go beyond the direct parallels — playing chess has shown me the value of seeing gradual improvement in and focusing deep concentration on a nonwork endeavor, says attorney Steven Fink.

  • Debate Over CFPB Definition Of Credit Is Just Beginning

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    The Consumer Financial Protection Bureau has recently worked to expand the meaning of credit, so anyone operating on the edges of the credit markets, or even those who assumed they were safely outside the scope of this regulatory perimeter, should pay close attention as legal challenges to broad interpretations of the definition unfold, says John Coleman at Orrick.

  • A Closer Look At Feds' Proposed Banker Compensation Rule

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    A recently proposed rule to limit financial institutions' ability to award incentive-based compensation for risk-taking may progress through the rulemaking process slowly due to the sheer number of regulators collaborating on the rule and the number of issues under consideration, say attorneys at Troutman Pepper.

  • The FTC And DOJ Should Backtrack On RealPage

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    The antitrust agencies ought to reverse course on their enforcement actions against RealPage, which are based on a faulty legal premise, risk further property shortages and threaten the use of algorithms that are central to the U.S. economy, says Thomas Stratmann at George Mason University.

  • Fishing Makes Me A Better Lawyer

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    Atop the list of ways fishing makes me a better lawyer is the relief it offers from the chronic stress of a demanding caseload, but it has also improved my listening skills and patience, and has served as an exceptional setting for building earnest relationships, says Steven DeGeorge​​​​​​​ at Robinson Bradshaw.

  • Circuit Judge Writes An Opinion, AI Helps: What Now?

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    Last week's Eleventh Circuit opinion in Snell v. United Specialty Insurance, notable for a concurrence outlining the use of artificial intelligence to evaluate a term's common meaning, is hopefully the first step toward developing a coherent basis for the judiciary's generative AI use, says David Zaslowsky at Baker McKenzie.