Real Estate Archive » March, 2012

Real Estate - March, 2012

310 articles

• Polsinelli Shughart Beefs Up Chicago Real Estate Team
• Times Square Building Ownership Squabble Thrown Out
• BofA Units Misled Buyers Over $980M RMBS, Suits Say
• Senate Gives Thumbs Up To $2B DC Waterfront Revamp
• Highland Reaches Doc Deal On $560M Vegas Resort Suit
• SEC Told To Seek Wells Fargo MBS Docs Outside Court
• Investors Target Deutsche Bank Again Over $250M MBS Loss
• Eminent Domain And The Commercial Lease
• SEC Contracting Ripped By OIG After $556M Lease Debacle
• BofA Triumphs In Suit Over Handling Of $1B In MBS
• Developers Balk At $74M In Condo Sales For Mogul Swig
• Sheppard Mullin Lands Real Estate Ace With Energy Focus
• Thornburg's $35M MBS Underpayment Suit Will Proceed
• Developer Set To Build Stalled San Fran Condo Tower
• FHA Fund Fails To Meet Minimum For 3rd Year, GAO Says
• International Code Council Sets Green Building Benchmarks
• BNP Paribas Contract Claim Over BoNY Trust Pay Survives
• Shareholders Accuse Wynn Of Bribery In Macau Casino Deal
• Nestle Signs On To 5 More Years At Pa. Distribution Center
• NJ Council OKs High-Rises In $1B Project Near GWB
• Ocwen Accused Of Forcing Costly Insurance On Homeowners
• Brokers Say Judge Erred In Approval Of Grubb & Ellis Sale
• Freddie Mac Investors Lose Class Cert. Bid In Fraud Suit
• Arent Fox Stays On In $580M Investment Hoax Suit
• Latham's Project-Focused Singapore Office Eyes New Space
• Court Backs MBIA In Countrywide MBS Discovery Row
• MoFo Nabs Hogan Lovells Corporate Partner In DC
• 23-Story, $172M Marriott Tower Planned For Downtown LA
• Borrowers Ask 9th Circ. To Revive JPMorgan Loan Fraud Suit
• Allstate Can't Bump JPMorgan MBS Suit To State Court
• Planners Delay Vote On Controversial Hollywood Rezoning
• Must-Have Performance Metrics For Law Departments
• Calif. Assembly OKs Bill Guarding Cities' Housing Funds
• XL Units Can't Shake Ciena's Bid For Coverage Of $26M Deal
• German Bank Can't Blame UBS In $500M CDO Suit, Court Says
• RE Lawyers See Hotel Market Gaining Steam On The Coasts
• DOJ's Tax Lien Bid-Rigging Probe Nets 6th Guilty Plea
• Venable Adds 3 Partners To New LA Real Estate Practice
• BGC Finally Gets Go-Ahead To Buy Grubb & Ellis Co.
• Credit Suisse Scoffs At Damages Bid In $2B MBS Case
• UCLA Regents Mull Hotel Project Amid Hoteliers' Gripes
• JPMorgan Can't Ditch Force-Placed Policy Action
• CFPB Backs Wider Window For Home Loan Cancellation
• How To Avoid Unpleasant Surprises In Real Estate Deals
• Five Mile Capital Tries To Stave Off Chicago Hotel Sale
• Highgate To Build 37-Story Hilton In NY Theater District
• Carlyle Loses Out On $3B London Market Redevelopment
• Five Star, IStar Can't Quell Feud Over $112M Ritz Carlton Loan
• Deutsche Bank To Pay $33M To End Union Funds' RMBS Suit
• Revel Wins License For $2.4B Atlantic City Casino Resort
• Carrols Inks Whopper Of A Deal To Buy 278 Burger Kings
• LA City Council Wants Retail Chains Shut Out Of Chinatown
• NYC Certifies Lower East Side Mixed-Use Project Plan
• Deutsche Bank Wasn't Cleared To Foreclose In Ark., Suit Says
• Haynes And Boone Picks Up K&L Gates Real Estate Partner
• Katten Caps Q1 Real Estate Moves With Greenberg Hires
• Judge Certifies Class Against Coldwell in $55M Scam
• Trump Entities Claim Rights To Billionaire's Mansion
• Ain't Easy Going Green: Mitigating Construction Risks
• BofA Sues La. Hotel Owners Over $35M Loan Default
• Calif. High Court Refusal Could Limit CEQA Reviews
• Ex-NBA Player Indicted For Running $2M Ponzi Scheme
• NYC Housing Official Cops To Taking $2.5M In Bribes
• SEC Says Wells Fargo Stonewalling Its $60B MBS Probe
• Deutsche Bank, NorthStar To Take Over John Hancock Tower
• REIT Expands Portfolio With $91M DC Office Building Buy
• Judge Merges Crescent Creditors' Suits Over $1.6B Duke Deal
• Ill. AG Calls For Fannie, Freddie Principal Reductions
• BofA Tests Foreclosure Rental Program
• Judge Sees MBIA-Countrywide Trial Delay Of Up To 9 Months
• Dewey & LeBoeuf Guides EBay's Rent.com Sale
• Uncertainty In Complex Real Estate Restructurings
• Calif.'s Budget Woes Could Doom Redevelopment Bills
• Enviros Sue LA County Over Massive Residential Project
• DLA Piper Emails Protected In Real Estate Malpractice Suit
• Grubb & Ellis Sale In Limbo After Court Blinks
• Judge Values Defaulted NYC Apartment Building At $91.7M
• GSA Gets Bargain For State Department In $100M Office Buy
• Manhattan Mogul Drops $120M On Retail Property
• 5th Circ. Kills Texas Town's Anti-Immigrant Apartment Law
• Dukes Ruling Prompts Title Agent Class Decertification
• REMIC Tax Concerns Surrounding Foreclosures
• Baum Firm Settles NY Foreclosure Allegations For $4M
• Mall Co. DDR Says Partner's $500M Suit Barred By Prior Ruling
• Homebuyers' Bias Suit Against Countrywide Heads To 6th Circ.
• Tenants Say Deutsche Bank Fraudulently Evicted Them
• Katan Sues CPC Over NYC Domino Sugar Waterfront Project
• Blackstone Takes $70M Controlling Stake In San Fran Hotel
• Investors Win Cert. In Ponzi Suit Against Greenberg, Quarles
• Glimcher To Pay $289M For Hawaiian Mall From Blackstone
• LA County OKs Housing, Senior Center In Marina Del Rey
• UBS, Barclays $1.5B CMBS Shops NY Hotel, Chicago Opera
• Holland & Knight Breaks Ground On NY Land-Use Practice
• NY Building Owner Says Ex-Crowell Atty Bungled $16M Sale
• Conn. Fund Faces $105M Chicago Mall Loan Default: Fitch
• NY Ban On Interest-Tied Broker Pay Gains Steam
• Rising Star: Simpson Thacher's Erik Quarfordt
• Grubb & Ellis Auction Nixed After BGC Partners Is Sole Bidder
• Ex-Bear Stearns Workers Land $10M Deal Over MBS Buys
• BofA Didn't Breach Fontainebleau Lending Contract, Judge Says
• Minshall Stewart Pays $62M For 10-Story DC Office Building
• House Passes Bill To Rid Government Of Excess Property
• Chadbourne Pulls Out Of World Trade Center Lease Talks
• Rising Star: Fried Frank's Brian Lichter
• Transwestern, BNP Grow Global Reach With Joint Venture
• NY Developer's Mezz Loan Woes Can't Delay Condo Auction
• Lawyerless Real Estate Deals Dispute Stays In Federal Court
• Adopting Zubulake Cost-Shifting Procedures In NY
• Ex-Empire Land CEO, Attys Face Sanctions Bid In Ch. 7
• Q&A With Greenberg Traurig's Kent Newsome
• Quarles Must Face Claims It Aided $200M Securities Fraud
• 2nd Circ. To Weigh Rakoff's Block Of Citi-SEC Deal In Sept.
• Tishman Nabs GE's Cut In $365M Bulgarian Office Park
• Silverstein Plans $578M Refinancing of 7 WTC
• Judge Doubts 'Double Recovery' Idea For WTC Developers
• United Retail Landlords Balk At Proposed Sale
• Blackstone To Drop $100M On SocGen RE Loan Portfolio
• Grand Canyon Developer Must Take Claims To Tribal Court
• Rising Star: Willkie's Thomas J. Henry
• Fed To Fine 8 More Banks Over Foreclosure Violations
• Ruby Foo's Owner Sues To Extend Times Square Lease
• BofA Dodges Class Suit Over 2008 MBS Risk Tally
• Judge Says Cabot Unit Must Pay $51M To BofA
• Landlord And Tenant Perspectives On 'Green' Leasing
• ResCap Ch. 11 Looms Closer As Buyout Rumors Swirl
• 2nd Circ. Picks Lankler Atty To Rep Rakoff In SEC-Citi Case
• Mintz Levin Set To Open San Francisco Office
• Schron Triumphs Over Ex-Troutman Sanders Real Estate Atty
• Calif. Real Estate Developer Indicted In $7M Bond Scheme
• Ex-Omni Execs Face FDIC Suit Over Collapse
• Dick's NJ Mall Dispute With Vornado Moves Forward
• Neighbors Resist George Lucas Studio Development Plans
• Texas Court Reinforces LLC Veil In Ruling For Builders
• Empire State Building Owners Sued Again Over $1B IPO
• Lender Wants $80M From PE-Backed Buyer Of Jameson Inns
• After $470M Default, MPG To Surrender LA Skyscrapers
• Rising Star: Shearman's Lisa Brill
• Timing The Bankruptcy Filing Of Commercial Real Estate
• CERCLA Settlement Considerations
• Judge Says GSA Immune From Property Purchase Claims
• Loan Servicer Aurora Beats Suit Challenging Foreclosures
• Insurer Targets Bear Stearns Over $75M MBS Loss
• Hotel Williamsburg Sale Sets $520K Per-Key Record
• LA Building Owner Says UBS Owed It First Crack At Loan
• New Schiff Hardin Hire Boosts SF Real Estate Team
• Countrywide's Discovery Push Delays Cases, Insurers Say
• Goldman Sachs Can't Escape Credit Unions' MBS Suit
• Wal-Mart Unit Settles Tenant's $18M Lease Breach Suit
• NYC, Rudin Reach Deal On Greenwich Village Mixed-Use Project
• LA Developers Scale Back $1B Hotel, Office Project
• Michelman Snags Ex-General Growth GC For New Enviro Group
• BofA Must Seek $18M From Real Estate Mogul In NY Court
• 2nd Circ. Needles Rakoff Over $285M SEC-Citi Deal
• Scratching the Surface: Texas Loans And Mineral Rights
• Ariz. Developer Seeks Ch. 11 In Face Of $90M Foreclosure
• Estranged Wife Sues Russian Billionaire Over $88M Penthouse
• Tax Evaders Blast $186M Ruling In Flatotel Loan Case
• Chicago Hotel's Owner Faces $125M Loan Default, Fitch Says
• LA Developer To Buy Fairmont San Fran Hotel For $200M
• New 49ers Stadium Clears Final Financial Hurdle
• FGIC Targets Ally Financial Over $2B In Risky MBS
• L&B Realty Puts Down $110M For Chicago Apartment Tower
• $200M MBS Suit Against Citigroup Moved To State Court
• Brookfield, Hillwood Launch $1B Industrial Property Venture
• Calif.'s Post-Redevelopment Agency Landscape
• Grubb & Ellis Creditors Challenge DIP Financing Terms
• Banks Ink More Mortgage Deals With State AGs
• Skadden's Flub Shows Potential Pitfalls Of SEC E-Filing
• Reports Say US Banks Hindered Foreclosure Probe
• Real Estate Moguls Put Manhattan High-Rise On The Market
• 5th Circ. Denies BofA Late Claim In Dallas Logistics Case
• Texas Supreme Court Takes Up Inverse Condemnation Case
• NC County Sues Banking Giants Over Mortgage Mess
• Evergreen Solar Says Buyer To Spend $8.5M For Mass. Plant
• CPC, Katan Mull Sale Of $2.2B Brooklyn Housing Development
• SEC Sues Ex-TMST Execs For Hiding $428M Loss In 10-K
• Witness Flub Won't Change Vegas Housing Fraud Verdict
• Joint Venture Brings 249-Unit Condo Tower To Seattle
• Bid To Discredit Arbiter In $100M Tribeca Real Estate Case Flops
• EPIC Eyes $130M Buy Of Mixed-Use Manhattan Building
• Brookfield Sells Dallas Office Complex For $123M
• NY Court Won't Squelch $686M UBS Suit Over Highland CDO
• HSBC To Pay Credit Union Agency $5.25M Over MBS Losses
• Case Study: Fort Properties V. American Master Lease
• HSBC Took $77M In Payments From Insurers, Suit Says
• BioMed Gets Investor's Executive Pay Suit Stamped Out
• Union's Revenue-Sharing Row With Landlord Lives On
• USAA Scoops Up Stake In Real Estate Investor Square Mile
• Thompson Hine Finds New Home In DC
• Merscorp, Others Say Texas Law Precludes Record Fees Suit
• Wells Fargo Sues Real Estate Mogul Over $187M In Loans
• Savanna, Pantzer Ink $196M Long Island Complex Deal
• Greenberg Traurig Leases 4 Floors In LA High-Rise
• PE Firms, Innkeepers Trustee Settle $84M Claim Dispute
• Ex-Construction Co. Worker Cops To Role In $10M Fraud
• Covington To Launch Seoul Office By July
• Banks Face Stiff Penalties Under $25B Mortgage Deal
• Judge Keeps $5.9B MBS Suit In Federal Court
• Dubai Fund Seeks $500M In NY Hotel Sale
• Cornerstone Caps $546M Fund For Tech, Energy Real Estate
• Failed Bank Claims Regulators Forced It To Distort Books
• Why Communications Is Key To Merger And Lateral Success
• Hooters Casino Hotel's Ch. 11 Plan Gets Nod
• Calif. Court Won't Rehear Fight Over Development's Impact
• NC Developments Seek Bankruptcy Protection
• Ex-Katten Atty Loses Spoliation Bid In Tishman Mold Row
• BofA Agrees To Deeper Writedowns In $25B Mortgage Deal
• Canadian Developer Planning $100M LA High-Rise
• Developer Preps Master Planned Community Near Chicago
• $77.5M Ritz-Carlton Offering Heats Up NY Condo Market
• Q&A With Greenberg Traurig's Michael Fishman
• HSBC Targeted In Force-Placed Insurance Class Action
• Vorys Welcomes Bankruptcy, RE Partners in Ohio
• LaSalle Drops $144M On Hotel Palomar
• Capital One Sued Over $170M In MBS
• HAMP Participants Have Contract Rights, 7th Circ. Rules
• When Is Nonrecourse Loan Fully Recourse?
• BofA Atty Says MBIA 'Harassing' CEO In Deposition Push
• Enviros Sue To Block Massive Calif. Development
• Insurer Says Ally Financial Cloaked $693M MBS Risk
• FHFA Caps Fannie, Freddie Execs' Pay
• Attys Arrested Over Calif. Loan Modification Scam
• Vornado Seals $325M Refinancing Of Manhattan Mall
• Fed Says HSBC, Others Improved Foreclosure Practices
• Calif. Tells 9th Circ. Feds Can't Snuff State Land Rights
• Alston & Bird Leases 80,000 Square Feet In LA High-Rise
• Chadbourne Atty Can't Stop Apartment Roof Garden
• Hedge Fund Sues RMBS Trustee Wells Fargo For Breaches
• Thompson & Knight Nabs Another Crowell Finance Pro
• Simon Property Drops $3.5B To Expand Mall Holdings
• NY Casino Developers Hit With $1.5B Antitrust Suit
• Fitzgerald Abbott Adds Real Estate Pro In Oakland
• Stahl RE Heirs Lose Sanity Card In Inheritance Fight
• FTC Honchos Say Proposed HQ Move Could Waste $100M
• Nonbanks Gearing Up For Possible SIFI Rule Challenge
• A Home Run For Outsourcing Relationships
• Streamlining The CEQA Process
• BofA Denied Homeowners Access To HAMP: Whistleblower
• FDIC Seeks $104M Over Bank's Real Estate Loan Losses
• Katten Snags Real Estate Partner From Mayer Brown
• Report Urges FHFA Vigilance Over Mortgage Servicing
• Judicial Watch Sues For FHFA's Freddie, Fannie Records
• Sacramento Council Approves $391M NBA Stadium
• REIT Strikes Out In Bid To Block $450M Boston Complex
• NYC Board Votes To Curb Upper West Side Retail Space
• DOJ Defends $335M BofA Deal To Skeptical Sens.
• Grubb & Ellis Sale Back On Track After Bidding Snag
• FDIC Hits Failed Ga. Bank's Officers With $11M Suit
• Grubb & Ellis, Creditors Can't Agree On BGC Asset Sale
• 9th Circ. Says District Court Bankruptcy Orders Out Of Scope
• Real Estate Magnates Face Suit Over Iconic NYC Building
• Ex-Freddie Mac Counsel Joins SNR Denton In Washington
• Sidley Guides Nationstar's $63B Mortgage Servicing Rights Buy
• GAO Kills Jones Lang's Beef Over Army's Reopened Bidding
• Cordray Promises Mortgage Insurance, ARM Rules Soon
• High Line Air Rights May Be Priced Out Of Reach
• White House Slashes FHA Fees To Boost Refinancings
• Alston & Bird Lures Ballard Spahr Real Estate Partner
• New Cole Schotz Hire Expands New York Real Estate Team
• Zynga Buys San Fran HQ For $228M
• PulteGroup Told To Cough Up $13.6M In Home Defects Fight
• Case Study: Auriga V. Gatz
• Lehman Blasts Zell's New $1.5B Archstone Bid
• Goldman Sachs Can't Budge Capmark's $147M NY Suit
• 9th Circ. Says Nev.'s BofA Mortgage Suit Belongs In State Court
• SF 49ers Stadium Financing Won't Get 2nd Vote
• Yellowstone Club Owner's $375M Malpractice Suit Shut Down
• NH Governor Signs Restrictions On Eminent Domain
• Mo. Residents Say Ameren Project Cuts Down Shore Access
• Investment Manager Misused $22M For Beach Resort, SEC Says
• Big Departures Leave Glut Of Space In Chicago Tower
• Lehman Wins Foreclosure On NYC Building After $338M Default
• Skadden Mistakenly Filed Wynn's Macau Deal 8-K
• Silverstein, Rockrose Drop $370M NYC Office Deal
• Goldman Sachs PE Atty Decamps To Vinson & Elkins
• Anderson Kill Snags International M&A Team
• Case Study: SEC V. BankAtlantic
• PE-Backed Spanish Firm Lands Largest US Water Park
• BofA, JPMorgan Earn $170M For Improving Mortgage Practices
• Va. Real Estate Law Doesn't Bar Private Suits, Court Says
• John Hancock, REIT End $18M Mortgage Feud
• Texas High Court Denies Denbury Eminent Domain For Pipeline
• Wynn Says It Slipped Up SEC Filing Over $2.5B Macau Deal
• Bank Group Says Government Portfolio Owes $96.5M Loan
• Emerson College To Break Ground On $110M LA Campus
• JPMorgan Nailed With RMBS Suits Claiming $273M Damages
• MetLife Settles Part of Stuyvesant Town Rent Hike Action
• Trump Steps Into MSR Ch. 11 To Grab Resort For $150M
• Miami Hotel Owners Sue Marriott Over $200M Overhaul
• Ex-Soccer CEO Stiffed Barclays On $8M Loan, Bank Says
• Law360 Real Estate Editorial Advisory Board
• BofA, Goldman, Others Sued Over $239M Worth Of MBS Sales
• Macy's E-Biz Signs Lease For San Francisco Tower
• Ex-Brookstreet CEO Ordered To Pay $10M In Fraud Suit
• Combatting Calif. And Ariz. Antideficiency Legislation
• Builder American West Heads To Ch. 11 In Pact With Banks
• Flagstar, AGM Headed To Trial In MBS Coverage Fight
• Cerberus, Chatham Joint Venture Seals $130M Loan
• Kilroy Realty Plunks Down $162M For Bay Area Office Park
• Developer Sues To Get Docs For Fight Over $560M Loan
• Investors Sue Empire State Building Owners Over IPO
• Turner Padget Reels In Myrtle Beach Real Estate Expert
• LA Greenlights Massive New Shopping Center
• NYC Developer Drops Bid To Force Out Building Investor
• 5 Steps For Dealing With Troubled Properties
• Radius CEO Can't Shake Suit Over $23M In Uninsured MBS
• Liberty Mutual Settles $8M Suit Over Brooklyn Complex
• UBS Fund Drops $74M On Hollywood High-Rise
• Morgan Stanley Unit Hit With $142M Loan Investment Suit
• Deutsche Bank, Loreley Settle $440M CDO Suit