Real Estate

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Latest News in Real Estate

  • January 23, 2018

    Metro Holdings Venture Drops $113M On London Property

    Singapore developer Metro Holdings Ltd. has formed a joint venture with fellow Singapore firm Lee Kim Tah Group to buy an office property in London for £80.75 million ($112.91 million), according to an announcement from Metro Holdings on Tuesday.

  • January 23, 2018

    Wireless Co. Nets Quick Win Over RI Town in Tower Row

    A Rhode Island federal judge Monday said the town of Foster, Rhode Island’s zoning board violated the Telecommunications Act when it denied Industrial Tower and Wireless’ application to install a wireless communications tower, because the board did not provide sufficient evidence to support its decision.

  • January 22, 2018

    No Bellwether For DZ Bank In Morgan Stanley RMBS Fight

    A New York state judge on Monday rejected German lender DZ Bank’s bid to conduct a bellwether trial in its fraud suit against Morgan Stanley over dud residential mortgage-backed securities it bought from the U.S. bank, expressing concerns that moving ahead with part of the case wouldn’t resolve things any more efficiently.

  • January 22, 2018

    Breitburn Shareholders Seek To Prolong Ch. 11 Plan Talks

    Counsel for a committee of Breitburn Energy Partners LP shareholders seeking to block confirmation of a Chapter 11 restructuring plan that leaves the group empty-handed closed a trial over enterprise valuations on Monday, urging a New York bankruptcy judge to send the sides back to the negotiating table.

  • January 22, 2018

    Fla. Developer Will Pay $11M To End EB-5 Fraud Suit

    A Florida federal judge ruled Monday that a purported real estate developer and her company, EB-5 Asset Manager LLC, will have to pay a combined $11 million to end a U.S. Securities and Exchange Commission suit alleging investors were bilked out of $8.5 million they were told would qualify them for visas.

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