Real Estate Law360 provides breaking news and analysis on high-impact real estate deals and the attorneys involved. Coverage includes transactions involving developers, investors, lenders, contractors, and brokers, as well as related litigation, enforcement, and policy developments.
Ashford Hospitality Trust recently completed a trio of high-profile deals — a buy, a sale and a refinancing — and Gardere Wynne Sewell LLP helped the real estate investment trust navigate a complex set of zoning, ground lease, condominium and timing issues in guiding the deals to the finish line.
A New Jersey federal judge on Thursday rejected a bid to disqualify an attorney from representing a condo association in its lawsuit over Superstorm Sandy-related flood insurance coverage, finding that the parties accused of not obtaining the proper policies waited too long to bring the motion.
A small business trade group and constitutional advocacy center both urged the U.S. Supreme Court to take up a challenge to Michigan’s tax foreclosure sale law, saying property owners have been denied their day in court in trying to overturn the law.
A former information technology aide for Democratic U.S. Rep. Debbie Wasserman Schultz was indicted late Thursday on bank fraud charges for allegedly securing home equity lines of credit on properties he and his wife own by lying to a bank about the properties.
Australian developer and property owner Mirvac Group on Friday said that it has purchased the remaining stake in a shopping center near Sydney that it didn’t already own from PAYCE Consolidated Ltd. for AU$155.3 million ($123.3 million).