Another voice has lent itself to the clamor of support for the appointment of a mediator in Residential Capital LLC's bankruptcy, with the National Credit Union Administration Board joining AIG Asset Management (U.S.) LLC and others Monday in backing the debtor's mediator request.
Real estate investment company Aragon Holdings LLC has acquired three residential properties in Atlanta, Ga., and Denver, Colo., for $100 million using $74 million in financing from Freddie Mac, Aragon announced Monday.
The National Credit Union Administration on Monday sued JPMorgan Chase & Co. in Kansas federal court, alleging its Bear Stearns & Co. unit made false statements regarding the quality of over $3.6 billion in residential mortgage-backed securities sold to four failed federal credit unions.
A New Jersey appeals court on Monday upheld TD Bank NA's win against a shopping center investor it accused of defaulting on more than $5.9 million, siding with a lower court's ruling that the company wasn't entitled to a loan extension.
Major backers of natural gas drilling Friday asked the Third Circuit to take up a case in which Cabot Oil & Gas Corp. sought to extend a gas lease after a Pennsylvania landowner unsuccessfully sued to break it, arguing that the issue affects every oil and gas operator across Pennsylvania.
American Realty Capital Properties Inc. and American Realty Capital Trust III Inc. plan to merge and create a combined real estate investment in a deal valued at $2.2 billion, the parties announced Monday.
A California appeals court on Thursday ruled two architectural firms would have to face professional negligence claims from a San Francisco condominium association over alleged design flaws condo residents say have led to safety hazards.
Texas’ highest court on Friday agreed to take up a dispute between a landowner and XTO Energy Inc. over the construction of an oil and gas well the property owner says has destroyed his cattle ranch operation.
Former IndyMac Bancorp Inc. CEO Michael Perry on Friday agreed to a $12 million settlement to resolve a $600 million suit by the Federal Deposit Insurance Corp. over his alleged role in the crisis leading to the collapse of the mortgage lender.
A New York state judge has ruled that the reconstruction of part of the iconic Coney Island boardwalk is exempt from an environmental review, despite its plans to swap tropical hardwoods for plastic lumber and concrete, according to an opinion filed Wednesday.
A New York state appeals court admonished a French bank Thursday for trying to rope HSBC PLC into a $265 million lawsuit stemming from a fraud by convicted tax evaders involving the renovation of a Manhattan hotel, saying its attempts were little more than mere arguments.
New York University's largest faculty group voted Thursday to authorize a no-confidence vote for university president John Sexton, joining nearly 40 other departments in criticism of the NYU 2031 Sexton Plan, which aims to expand the campus's footprint by about 2 million square feet.
In giving the green light to 700-acres worth of commercial development, a Pennsylvania appeals court ruled Friday that a lower court erred in invalidating a local zoning amendment on grounds that it did not sufficiently describe the changes being made.
Midmarket private equity firm GI Partners, through DataCore LP, a real estate fund it manages that was launched with the California State Teachers' Retirement System, on Thursday acquired a San Diego data center and office building leased to American Internet Services and San Diego Gas & Electric Co.
A robust body of work in his first full year at Kirkland & Ellis LLP, including several blockbuster deals for Starwood Capital Group, has earned veteran real estate partner Jonathan Schechter a spot on Law360's list of 2012 Real Estate MVPs.
A Texas federal judge on Thursday granted a motion by Merscorp Inc., Bank of America NA, Stewart Title Co. and others to strike classwide allegations in a suit by three Texas counties claiming the companies submitted fraudulent mortgage records to avoid county filing fees.
Southeastern regional real estate investor Elco Landmark Residential has plunked down $100 million to buy four multifamily Florida properties from Equity Residential, further proof that some of the hardest-hit housing markets are now the most attractive investor targets.
Weil Gotshal & Manges LLP’s J. Philip Rosen has built his career taking a hands-on strategy with an impressive body of high-profile real estate transactions, a personal approach that has won him a long list of happy clients as well as a spot on Law360's list of Real Estate MVPs.
MetLife Real Estate Investors and an institutional partner have purchased Constitution Center in Washington, Clarion Partners LLC announced Thursday, in a deal reportedly worth $730 million.
The Houston City Council on Wednesday made its first approvals for a proposed $324 million Marriott Marquis hotel project to accommodate visitors to the city's convention center, along with greenlighting a hefty financial incentive package for the developers.