Residential

  • August 07, 2024

    Nixon Peabody Real Estate Atty Returns To Boston Office

    Nixon Peabody LLP rehired R. Lindsay Wilson II for a counsel position on its affordable housing and real estate team in Boston, the firm announced Wednesday.

  • August 07, 2024

    AARP, Trade Groups Provide Deed Fraud Prevention Tips

    AARP and trade groups for the real estate, mortgage, notary, and property records industries posted a news brief containing tips to prevent deed fraud.

  • August 07, 2024

    Ahead Of Due Date, Land Use Attorneys Steer NY Casino Bids

    Applicants for three up-for-grabs New York casino licenses are not expected to formally submit for consideration until next year, but real estate developers working on 11 proposals that have been announced are laying the groundwork, including by engaging law firms.

  • August 07, 2024

    Texas Last-Resort Insurer Approves 10% Rate Hike

    Texas' windstorm insurer of last resort approved a 10% rate hike subject to state approval following expectations that Hurricane Beryl and other spring storm claims will significantly deplete the insurer's $451 million catastrophe reserve trust fund.

  • August 07, 2024

    NJ AG, Data Biz Say Judicial Privacy Law Is Constitutional

    The New Jersey Office of Attorney General stepped in to defend the judicial privacy measure Daniel's Law this week, arguing alongside a data privacy company in federal court that a group of data brokers accused of violating it are relying on "hypotheticals and edge cases" to claim the law is unconstitutional.

  • August 07, 2024

    Mortgage Banker Says Experian Can't Tie Him To 'Sham' Suits

    A New Jersey-based licensed mortgage banker is urging a California federal judge to let him escape Experian's suit alleging that he helped credit reporting law firms identify clients and created false evidence of a mortgage denial in a nationwide scheme to "extort" the credit reporting agency into settling "sham" lawsuits.

  • August 07, 2024

    CFPB Backs Homeowners In Nationstar Mortgage Fee Suit

    The Consumer Financial Protection Bureau asked a Washington federal court to allow it to file a brief in support of a proposed class action accusing Nationstar Mortgage of illegally charging fees whenever homeowners request payoff statements for their loans.

  • August 07, 2024

    Miami Realtors CLO Preps Members For New Broker Rules

    In a recent conversation with Law360 Real Estate Authority, Miami Assocation of Realtors Chief Legal Counsel Evian White De Leon discussed how the largest local Realtor group in the country is readying its members for the Aug. 17 enactment of new broker rules that the NAR agreed to in a $418 million legal settlement earlier this year.

  • August 07, 2024

    Rising Star: Troutman Pepper's Alana T. Sliwinski

    Alana Sliwinski of Troutman Pepper Hamilton Sanders LLP has guided multiple high-profile and climate-focused public-private partnerships in her career, most recently playing a pivotal role in the $7 billion construction of Terminals 1, 2 and 3 at the John F. Kennedy International Airport, earning her a spot among the construction law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 07, 2024

    Rising Star: Skadden's Anoush Sarkissian

    Skadden Arps Slate Meagher & Flom LLP real estate counsel Anoush Sarkissian's work on major transactions such as advising alternative asset management company The RMR Group in an approximately $4 billion mortgage and mezzanine financing and its $80 million acquisition of multifamily real estate firm Carroll landed her a spot among the real estate attorneys under age 40 honored by Law360 as Rising Stars.

  • August 07, 2024

    Rising Star: Willkie's Melissa Fischetti

    Melissa Fischetti of Willkie Farr & Gallagher LLP navigated SL Green's $1.76 billion acquisition of 245 Park Ave, New York, amid contentious bankruptcy proceedings brought without the preferred equity investor's approval, earning her a spot among the real estate practitioners under 40 honored by Law360 as Rising Stars.

  • August 07, 2024

    4 Firms Drive $1B Blackstone Residential Property Sale

    Four firms guided Equity Residential's nearly $1 billion purchase of 11 properties from Blackstone Real Estate, a deal that added 3,572 new units within three metro markets to the real estate investment trust's portfolio, per a statement from the seller.

  • August 07, 2024

    Shumaker Construction Pro Jumps To Carlton Fields In Fla.

    Florida's real estate market and construction law practices are continuing their boom after the height of the pandemic, and Carlton Fields has bolstered its expertise in those areas by adding a former construction law partner from Shumaker Loop & Kendrick LLP.

  • August 07, 2024

    Eyeing Electrification, Governments Reroute Post-Berkeley

    Before it was struck down by the Ninth Circuit, Berkeley, California's 2019 ban on natural gas hookups in new construction paved the way for municipalities seeking to decarbonize their buildings. Now, municipalities keen on clean construction are walking a delicate line around federal preemption.

  • August 06, 2024

    Ex-Mayor's Fight With Law Firm No RICO Case, 5th Circ. Told

    Counsel for convicted fraudster and former Texas Mayor Laura Maczka-Jordan said it's significant that a law firm accusing her and her husband of racketeering represented itself during oral arguments before the Fifth Circuit Tuesday, arguing that the case deals with a lease dispute rather than a racketeering scheme.

  • August 06, 2024

    Appraisal Co. Drops Manager Tied To Freddie, Fannie Probes

    BBG Real Estate Services announced that managing director Jon DiPietra has left the appraisal company, following reports that Freddie Mac stopped doing business with DiPietra and BBG while it looks into the company's appraisals.

  • August 06, 2024

    11th Circ. Won't Let Chubb Unit Ax $13.8M Appraisal Award

    A Florida condo association's insurer waived its ability to challenge an over $13.8 million storm damage appraisal award by only arguing in court that the association's appraiser had a conflict of interest, the Eleventh Circuit affirmed Tuesday, finding the insurer could've lodged a challenge during the appraisal process itself.

  • August 06, 2024

    NC Panel OKs Short-Term Rentals In Luxury Home Community

    A North Carolina state appeals court on Tuesday upheld a ruling that an Asheville-area neighborhood's ban on short-term rentals is unreasonable, finding the community's covenants don't explicitly outlaw that type of real estate arrangement.

  • August 06, 2024

    Finance Co. EasyKnock Scams Poor Homeowners, Suit Says

    Home finance company EasyKnock Inc. has been sued on allegations it targeted a low-income Philadelphia resident in an "equity-theft" scheme designed to dupe homeowners with an upfront cash payment for a gradual sale of their home that secretly transfers the title to the company.

  • August 06, 2024

    Calif. Hoteliers Denied Tax Break On Property Sale

    The owners of a California hotel were correctly assessed taxes on the gains from sale of a property, the state Office of Tax Appeals said, finding the owners did not demonstrate they qualified for a tax deferral.

  • August 06, 2024

    Big Brokers Predict Capital Markets Rebound In Late '24

    Commercial real estate's largest brokers, in announcing second-quarter earnings, said they are expecting capital markets activity to rebound in the second half of the year, in a turn Cushman & Wakefield's CEO called a "waterfall effect."

  • August 06, 2024

    Dentons Names Real Estate Atty As Vancouver Office Leader

    Dentons promoted Canadian real estate partner Scott Wilson to an office managing partner role in its Vancouver office, the firm announced.

  • August 06, 2024

    More Training Needed On SF Encampment Rule, Judge Says

    A California federal magistrate judge has partially sided with homelessness advocates and San Francisco residents accusing the city and county of violating the U.S. and state constitutions by destroying homeless residents' self-made encampments and forcing them out of the city with citations, fines and arrests.

  • August 05, 2024

    Salt Lake City Multifamily Deliveries Slowed In Q2, CBRE Says

    Deliveries of multifamily properties in Utah's capital of Salt Lake City declined by 37% in 2024's second quarter compared to deliveries in the first quarter, according to a CBRE report.

  • August 05, 2024

    Rimon Brings On BakerHostetler, Wick Phillips Litigators

    Rimon PC is expanding its team with the addition of two new litigation partners and an investigations associate, who have worked at BakerHostetler, Wick Phillips Gould & Martin LLP and the San Francisco Department of Police Accountability, the firm has said.

Expert Analysis

  • Fla. Foreign Real Estate Law Brings Broad Investment Risks

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    Last month, Florida became the latest state to enact legislation prohibiting Chinese investors from acquiring certain interests in real property, introducing significant legal uncertainty and consequences for real estate stakeholders and the private equity industry, say attorneys at Simpson Thacher.

  • Prepping Your Business Ahead Of Affirmative Action Ruling

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    The U.S. Supreme Court's upcoming ruling on whether race should play a role in college admissions could potentially end affirmative action, and companies will need a considered approach to these circumstances that protects their brand power and future profits, and be prepared to answer tough questions, say Nadine Blackburn at United Minds and Eric Blankenbaker at Weber Shandwick.

  • Tackling Judge-Shopping Concerns While Honoring Localism

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    As the debate continues over judge-shopping and case assignments in federal court, policymakers should look to a hybrid model that preserves the benefits of localism for those cases that warrant it, while preventing the appearance of judge-shopping for cases of a more national or widespread character, says Joshua Sohn at the U.S. Department of Justice.

  • How Attorneys Can Help Combat Anti-Asian Hate

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    Amid an exponential increase in violence against Asian American and Pacific Islander communities, unique obstacles stand in the way of accountability and justice — but lawyers can effect powerful change by raising awareness, offering legal representation, advocating for victims’ rights and more, say attorneys at Gibson Dunn.

  • Congress Needs To Enact A Federal Anti-SLAPP Statute

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    Although many states have passed statutes meant to prevent individuals or entities from filing strategic lawsuits against public participation, other states have not, so it's time for Congress to enact a federal statute to ensure that free speech and petitioning rights are uniformly protected nationwide in federal court, say attorneys at Skadden.

  • Banking Tips For Lending To Calif. Homeowners Associations

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    With current financial markets and recent changes to California law putting a brighter spotlight on lending, banks should understand the special considerations involved in lending to homeowners associations and the various possible remedies in the event of a default, says Alex Grigorians at Hanson Bridgett.

  • Some Client Speculations On AI And The Law Firm Biz Model

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    Generative artificial intelligence technologies will put pressure on the business of law as it is structured currently, but clients may end up with more price certainty for legal services, and lawyers may spend more time being lawyers, says Jonathan Cole at Melody Capital.

  • How Rent Proposals May Affect Most Populous Md. County

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    Of the various legislative changes concerning rent controls and property taxes that are being considered in Montgomery County, Maryland, comparatively milder controls are likely to prevail, but even these lenient measures may make it more difficult for the county to fulfill its needs for new housing, says Michael Murray at Greysteel.

  • A Lawyer's Guide To Approaching Digital Assets In Discovery

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    The booming growth of cryptocurrency and non-fungible tokens has made digital assets relevant in many legal disputes but also poses several challenges for discovery, so lawyers must garner an understanding of the technology behind these assets, the way they function, and how they're held, says Brett Sager at Ehrenstein Sager.

  • High Court's Ethics Statement Places Justices Above The Law

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    The U.S. Supreme Court justices' disappointing statement on the court's ethics principles and practices reveals that not only are they satisfied with a status quo in which they are bound by fewer ethics rules than other federal judges, but also that they've twisted the few rules that do apply to them, says David Janovsky at the Project on Government Oversight.

  • Texas Justices' PNC Opinion Clarifies Subrogation Questions

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    Thanks to the sorely needed clarification provided by the Texas Supreme Court in PNC Mortgage v. Howard, a home equity lender now has a better understanding of what it can do when its own lien is constitutionally invalid but is either equitably or contractually subrogated to a prior lien, say Daron Janis and Dave Foster at Locke Lord.

  • Assessing The Reach Of 9th Circuit's Natural Gas Ruling

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    The Ninth Circuit's recent decision in California Restaurant Association v. Berkeley, affirming that the Energy Policy and Conservation Act preempts certain state and local natural gas bans, may chill other efforts to limit usage of natural gas and raises important questions for utility companies, natural gas consumers and policymakers to consider, say attorneys at Greenberg Traurig.

  • Time For Law Schools To Rethink Unsung Role Of Adjuncts

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    As law schools prepare for the fall 2023 semester, administrators should reevaluate the role of the underappreciated, indispensable adjunct, and consider 16 concrete actions to improve the adjuncts' teaching experience, overall happiness and feeling of belonging, say T. Markus Funk at Perkins Coie, Andrew Boutros at Dechert and Eugene Volokh at UCLA.