Real Estate Archive » April, 2012

Real Estate - April, 2012

294 articles

• Developer's $189M Valuation Case Denied High Court Review
• Hotelier Sues US Over $326M Flood, Damage To Grand Ole Opry
• Mortgage Insurer MGIC Settles Maternity Leave Case
• PwC Appointed As Receiver For Developer City Site Estates
• Mass. State Rep. Ditches DLA Piper For Nixon Peabody
• Despite Delay, FHFA Likely To Allow Mortgage Relief
• Lehman Takes Ownership Of Calif. Land Portfolio
• Bulls, Blackhawks Owners Consider Arena Expansion
• Class Cert. Denied In GMAC, US Bank Foreclosure Suit
• 6th Circ. Says FDCPA Covers Servicers Of Defaulted Loans
• Court Says CP Laws Cover 3rd Parties In Real Estate Deals
• NY City Council Relaxes Green Building Rules
• 2nd Circ. Won't Certify Investor Class In $7B MBS Suit
• Goldman, JPMorgan, Others Targeted Over $130M In MBS
• GSA Gets Off Easy In $4M Leaky Building Lease Suit
• Raven Russia Pays $215M For Warehouse Complex
• Ramifications Of Greenville Lafayette V. Eligin
• Capital One Sues To Seize NY Condo, Citing $53M Default
• Insurers Sue To Exit $37M Suit Over Faulty Construction
• Albuquerque Moves To Toss Suit Over Delays At $20M Project
• 8th Circ. Skirts Coalbed Methane Question In Rights Ruling
• Kerzner Unloads Atlantis Resorts In $2B Restructuring
• House Bill Would Halt Foreclosures On Gov't-Backed Loans
• Industry Urges CFPB To Cut Lawsuit Risk In Housing Rule
• NJ Court Sides With Pinnacle In Porn Shop Defamation Suit
• Suit Says Army Corps Flouted Injunction On CWA Policy
• Mass. Tribe Gambles On $500M Casino Backed By Arkana
• 2 More Investors Cop To Auction Bid-Rigging Scheme
• Lender Says Hotel Co. CEO Lied to Avoid $80M Default
• Hotel Co. Protests WisDOT's Attempt To Seize Property
• Barclays Sued Over Alleged CDO Double-Dealing
• Union Charter Exits Developer's $100M Fraud Suit Against UBS
• Subleasing — More Than Meets The Eye
• Amalgamated Docs Privileged In $95M Condo Row
• Ally Says ResCap Could Be Headed For Bankruptcy
• Harlem Landlord Should Face J-51 Class Claims, Tenants Say
• 3rd Circ. Scraps Philly Tenants' Mismanagement Suit
• MetLife Sells Reverse Mortgage Business To Nationstar
• Case Study: In Re Crane
• LoopNet To Shed Unit To Reboot $860M CoStar Deal
• MetLife Targets Morgan Stanley Over $757M In Toxic RMBS
• NYC Transit Union Protests Building 'Giveaway' To NYU
• Cal-Bay Buys Half Of $200M Calif. Commercial Development
• Kazakhstan Prez's Family Launches $20M NYC Condo Dispute
• Longtime REIT Counsel Jumps To McDonald Hopkins
• Operationalizing Law Department Performance Metrics
• Insurance Broker Can Challenge Damages For Skyscraper Fire
• Homeowners Win Cert. In WaMu Mortgage Appraisal Suit
• Ex-Morgan Stanley Exec Cops To Role In China Bribery Scheme
• DR Horton Gives Up Drilling Rights For NC Homes
• Citigroup Wants Solow's Recession Crash Suit Nixed
• 2nd Circ. Will Hear AIG's $10B RMBS Suit Against BofA
• Real Estate Developer Mountain Property Heads Into Ch. 11
• Kleinberg Kaplan Picks Up Versatile Commercial Litigator
• Highland Wants Citi CLO Fight Sent Back To State Court
• Baker Donelson Adds 2 Real Estate Partners In Orlando
• Knights Of Columbus Should Sue BofA, BNY Mellon Says
• Tishman Speyer To Build 1M SF Chicago Office
• NY Real Estate Execs Admit Invoice Fraud On $573M Project
• High Court Trims IRS Window For Targeting Tax Offenses
• Enviros Lose Bid To Stop Tejon Ranch Development Project
• Hodgson Nabs Ex-Jones Day Energy Pro For RE, Finance Group
• Dewey Lists Part Of HQ Sublease, Loses Another Partner
• Allentown Says Developer Blocked $220M Hockey Arena Deal
• Baccarat To Add Sparkle To $403M Starwood NYC Hotel
• REIT IPOs Flounder As Investors Remain Skittish
• Rite Aid Accuses NYC Landlord Of Overbilling For Taxes
• Random House Renews Midtown NYC Lease With SL Green
• Dallas-Area Westin Hotel Lands $75M Refinancing Loan
• Goldman Can't Shake Fraud Claims In $120M Abacus Suit
• Holland & Knight Partially Settles $35M Fraud Trial
• Judge Lays Out Discovery Limits In Clash Over $8.5B BofA Deal
• Catawba Tribe Can't Build $340M Casino, SC Judge Rules
• H&R Block Unit Pays Out $28M Over Alleged MBS Fraud
• NYC Tweaks Upper West Side Retail Rezoning Plan
• Deutsche Bank Says Ark. Foreclosure Suit Unfounded
• Loeb & Loeb Nabs Former Manatt Real Estate Pro For LA Office
• MassMutual Brings New RMBS Suit Against Countrywide Execs
• Enviros Challenge Calif. Law That Speeds Up CEQA Suits
• Beck Ventures Plans $2B Revamp For Dallas Mall
• Nelson Mullins Goes West With Nashville Office
• Bovis Lend Lease Cops To Fraud, Agrees To $56M In Fines
• Pryor Cashman Closes On Former Herrick Real Estate Partner
• Judge With Manatt Ties Won't Step Down From Racetrack Row
• Goldman Sachs Seeks To Squash $147M Capmark Suit
• CME Nets $151M In Chicago Board Of Trade Building Sale
• Thornburg Trustee Ordered To Arbitrate $19M Goldman Suit
• Developer Can Bring $50M Suit Over Halted Condos: NY Court
• Conrad Group Drops Suit Over $512M Real Estate Fund
• The Future Of Green Skyscrapers
• Fidelity National Wants Home Warranty Kickbacks Suit Tossed
• Phelps Dunbar Adds Commercial Litigation Partner In Tampa
• Summit Agrees To Restore Wetlands, Undercuts Enviros' Suit
• River Road Makes Case Against Credit Bidding In High Court
• Starwood Battles Contractor Over Foundering Gulf Condos
• NYU Lands City-Owned Site For Brooklyn Sci-Tech School
• US Bank Closes $284.7M Loan For Silicon Valley Office Park
• High Court Skips Challenge To NYC Rent Stabilization Law
• $1.1B Bangkok Mixed-Used Development In Works
• Holland & Knight Fraud Jury Deadlocked On Punitive Damages
• Enviros Sue NJ Developers Over Wetlands Remediation
• Northwestern Mutual Nets $480M In Seattle High-Rise Sale
• Calif. Bill Lets Some Workers File Liens Over Back Pay
• Real Estate Developers Owe $101.4M, Wells Fargo Says
• CFPB OKs Some State Mortgage License Transfers
• Cadwalader Says Evidence Misread In $70M Nomura Suit
• Real Estate Investor Gets 6 Months For Auction Bid-Rigging
• Calif. Judge OKs Receiver To Oversee MPG Skyscraper
• Progressive Sues To Deny Coverage Of Bank's $86M FDIC Suit
• Cox Castle Lures Real Estate Pro From Theodora Oringher
• AIG Units, Lennar End Trade Secrets, Extortion Coverage Row
• Joint Panel To Review Stalled Calif. Mortgage Bills
• Loan Servicers Not Liable For HAMP Breaches, 11th Circ. Says
• Goldman Ducks German Bank's Appeal Of $37M MBS Suit
• Gordon Thomas Lines Up New Seattle Real Estate Chairman
• Herrick Expands Real Estate Group With 9 Stark & Stark Attys
• NY Investors Snap Up $66M Brooklyn Retail, Apt. Parcels
• Davis Polk Sues NY Landlord Over $63M Rent Bill
• NYU Expansion Plan Foes Seek Enviro Study, Public Input
• BayernLB Strikes At Deutsche Over $810M In Toxic MBS
• KKR Pours $196M Into Chicago-Area Mall
• Tough Times And Tax Bombs: Coping With COD Income
• NY Fed Puts More AIG Bailout Assets On Auction Block
• Global Regulators Push For Safer Mortgage Lending
• Brookfield Realty Cancels $500M IPO
• Developers Reach $101M Deal For 30-Story Chicago Tower
• Investors Target BofA Board In Suit Over Foreclosures
• AllianceBernstein Seals Up $680M PE Real Estate Fund
• Schumer Urges US To Finalize WTC Lease Deal
• European Hotelier Hawks Manhattan's Jolly Madison Hotel
• Cox Smith Adds 3 K&L Gates Partners In Austin
• Real Estate Info Cos. Advance $860M Merger With FTC Deal
• China's Baosteel Pays $136M To Buy Out 3 Venture Partners
• Pfizer Sells Land Near Old Brooklyn Factory To Local Investors
• Banking On Fraud: Using FCA To Target Financial Industry
• Paul Hastings Helps Starwood Spend $1.2B On Westfield Malls
• Docket Diving: Strategic Uses Of Online Docket Info
• Ex-Thornburg Execs Smooth Out Shareholder Beef For $2M
• Ohio Tells 6th Circ. To Reopen MBS Ratings Dispute
• Insurers Get Lender's Mortgage Fraud Suit Trimmed
• Treasury, IRS Propose New Exemptions For REITs
• Private Equity Wins Out In Battle For Failed Euro CMBS
• Fannie, Freddie Ordered To Streamline Short Sales
• Extracting The Thorn(burg) In SEC's Side
• Ally Financial Mortgage Unit Overdue On Bond Payment
• Calif. Housing Authority Can Move Ahead On $33M RICO Suit
• Jersey City Waterfront Developers Sink Into Ch. 11
• Miami Lender Wants Receiver For $7M Condo Note
• Morgan Stanley Expands Lower Manhattan Lease To 1.2M SF
• MassMutual, Countrywide MBS Row Limited To Underwriters
• BofA Reaches $230M Deal To Sell NYC Office Tower
• Holland & Hart Helps Storage REIT In $298M Partner Buyout
• Sentencing Panel Floats New Insider Trading, Fraud Rules
• 9th Circ. Hears Ariz. Challenge To $600M Casino Project
• CFPB Tells 3rd Circ. Home Loan Rescission Suits Valid
• Industry Groups Seek Broad 'Qualified Mortgage' Definition
• NY Real Estate Investor Locked Out Partner, Suit Claims
• NY Home Value Inflation Row Won't Get High Court Hearing
• WaMu Units Want Last Claim Dropped From MBS Suit
• BGC Closes Grubb & Ellis Sale To Form Real Estate Giant
• Ambac Backed $856M In Bad MBS Due To Merrill's Tricks: Suit
• Sacramento Kings $391M Arena Deal Falls Apart
• Dexus Unloads US Industrial RE In $770M Blackstone Deal
• Are Parens Patriae Actions Removable Under CAFA?
• Weil Moves To Larger Hong Kong Office Space
• Great Wolf Backs KSL's $234M Bid Over Apollo's Offer
• Calif. Panels Set To Take Up Homeowner Protection Bills
• ICP Founder's Wife Kept In SEC Suit
• EB-5 — A Call To Foreign Investors
• Ex-Hotel Exec Gets 70 Months For $1.6M Investment Fraud
• Merrill, Others Say Allstate's $456M MBS Claims Time-Barred
• Fannie Mae Asks Servicers To Protest Chicago Property Law
• Flawed NYC Property Assessments Hiked Taxes: Comptroller
• Mount Kellett Closes $4B Opportunistic Investment Fund
• Judge Won't Stop MBIA From Deposing BofA Exec In MBS Suit
• 7th Circ. Nixes Bid To Revive MGIC Stock Fraud Suit
• Calif. Builder On Hook For Co-Partner's $1.4M Fraud Bill
• NY Court Nixes Building Owner's Request To Scrap $16M Sale
• Thompson Coburn Nabs Former Ill. Appellate Justice
• Md. Legislature Advances Insurance Bills Targeting Fraud
• Ex-NJ Mayor Gets 30 Months For Bribery
• Hunton & Williams Snags Real Estate Elites for NY Office
• CBRE, West Indies Developer Settle $45M Appraisal Suit
• Atlantic Yards Needs New Enviro Study, NY Court Says
• UBS Wins Dismissal Of Property Owner's Suit Over $69M Loan
• Wells Fargo Ducks 8th Circ. Racketeering Suit Over Appraisals
• Allen & Overy Adds Gleiss Public Law Atty In Frankfurt
• TARP Watchdog Faults Treasury For $7.6B Fund Delays
• Inside The National Mortgage Settlement
• EPA Funding Rule Imperils NY Waterfront Projects: Enviros
• Hidrock Buys $28M Site Near WTC With Plans For $70M Hotel
• Texas County Followed Proper Land Bid Process, Court Says
• Thompson Hine Adds S&W Real Estate Partner In NY
• Archstone Nabs $20M Boca Raton Site For Luxe Rentals
• NYC Hotelier Wants Enviros Back In Deutsche Bank Fire Suit
• Veteran HUD Atty Jumps To Vorys
• George Lucas Cancels Controversial Studio Complex
• Blackstone Ordered To Disclose RE Investments In IPO Suit
• NYU Agrees To Pare Down Campus Expansion
• Park Ave. Building Owner Sued Over Interest Paid To Self
• Force-Placed Insurance: 3 Things To Watch In 2012
• NY AG Makes 2nd Play To Intervene In BofA's $8.5B MBS Deal
• Group Takes Wells Fargo Housing Bias Beef To HUD
• Skanska Nears $140M Deal To Unload 'Trophy' DC Office Space
• CFPB Oversight Efforts May Hamstring Mortgage Servicers
• Backer Of Green Building Tax Cut Vows Push In NY Assembly
• Ex-Brookstone CEO Asks Judge To Undo $10M Fraud Ruling
• One Madison Park Developers Win Approval Of Ch. 11 Plan
• To Protest Dodd-Frank, Kan. Gov. Won't Sign Reform Bills
• Simon Property's Outlet Mall Empire Sets Up Shop In Brazil
• Flaws In Obama Mortgage Plan, High Debt Slow Recovery: IMF
• Homeowners Sue Ocwen Over Denied HAMP Modifications
• How To Do Real Estate Deals With NYC's MTA
• Pegasus Capital Snatches Up Global Resort Business
• NYC Stays Atop Office Real Estate Market In 1Q
• Mortgages Ltd. Officers To Get $3.7M From D&O Insurer
• Ind. Builder Sued Over Coverage For Project Sediment
• Cornerstone Closes $315M Mortgage Debt Fund
• FHFA Chief Says Principal Reductions Could Save $1.7B
• The Problem With The DOJ's Case Against GFI Mortgage
• Judge Says Insurers Must Defend JWR In Chinese Drywall Suit
• NAB Slams JE Robert Co. With $60M Contract Suit
• EPA, HUD Settle Lead Paint Suit With Chicago Property Owners
• Creditors' Protest Late In $16M Taylor Bean Settlement
• UBS On Verge Of Beating Developer's Tax Fraud Suit
• $140M Judgment Ordered For Convicted Meridian Founder
• HUD Head Pressures FHFA To OK Mortgage Write-Downs
• MBIA Hid 'Very Dark' Loss Projections, Banks Say
• Fleetwood Settles $60M RV Insulation Suit On The Cheap
• KSL Tops Apollo With $234M Bid In Great Wolf Bidding War
• Gyrodyne Blasts NY's Appeal Bid In $125M Land Grab Suit
• Reinsurers Deny Role In Alleged HSBC Kickback Scheme
• Coping With Commercial Leases In Bankruptcy
• Judge Won't Delay IndyMac Exec's Deposition On Bad Loans
• Chicago Property Owners Didn't Disclose Lead Hazards, US Says
• Fifth Third, BofA Got Reinsurance Kickbacks, Suits Say
• Court Limits XL's Liability For Fiserv Home Appraisals
• Noteholder Sues To Foreclose NYC Condo Over $19M Default
• BofA Again Fails To Combine Insurers' MBS Claims
• SunTrust Pays $2.4M To End Underwriters' OT Suit
• Sovereign Wealth Remains Skittish About US Real Estate: Attys
• Piedmont REIT Argues Hiding Merger Offer Was Legal
• SEC Accuses Ex-Franklin Bank Heads Of Home Loan Scam
• Builder's $37M Award Stands In Loan Dispute: 9th Circ.
• RBC Bashes Bank's Effort To Grab $36M Loan Collateral
• Judge Finalizes Banks' Landmark $25B Mortgage Settlement
• JPMorgan Hit With Derivative Suit Over Robosigning
• Firm To Pay $35M To Ease Traffic Woes Near LA Stadium
• Judge Says Pircher Nichols Can't Duck $12M RE Fund Suit
• Energy Co. Reaches Deal To Exit Developer's $100M Fraud Suit
• Cadwalader, Arnold Docs Targeted In $95M Condo Loan Fight
• Fed Backs Banks' Renting Out Foreclosed Homes
• 30 Sens. Urge FHFA To Fix Mortgage-Modification Study
• Zurich Says Atlantic City Resort Is Hiding Its Value
• NYC Developers Spar Over $120M Domino Refinancing Deal
• Insurer Seeks To Avoid WTC Asbestos Claims
• Force-Placed Policies Likely Gouge Homeowners, NY Says
• Dealing With The Gov't — Don't Be Left Holding The Bag
• Predictive Coding — Cost Savings If Investment Is Made
• FINRA Tells Investment Firm To Pay $4M For High Markups
• Tishman Speyer JV Acquires Aussie Trust's US Portfolio
• George Lucas Studio Development Stalled Over Enviro Concerns
• BofA Investors Allowed To Reshuffle Mortgage Suit
• SF Giants Unveil $1.6B Mission Bay Development Plan
• FHFA Head Vows Quick Decision On Mortgage Debt Reductions
• Crowell & Moring Hit With $35M Suit Over Condo Sale
• NY Court Nixes Rent Perks For Tribeca Tower Residents
• BofA, Progressive Duck Most Claims In Katrina Payment Row
• Seyfarth Shaw Real Estate Vet Splits For Saul Ewing
• Patriarch Partners Fails To Lift Ruling In MBIA CDO Suit
• Lender Slams Brookfield's Renewed Atlantis Resort Deal
• German Fund Firm Pays $375M For Guardian HQ In London
• Officials Set To Yield LA Coliseum To USC Amid Scandal
• State Split: Transfer Restrictions In Commercial Leases
• Developer M&M Hits Back In Contract Row Over NY Mall
• Insurers Must Foot Costs Of Developer's Crane Collapse Defense
• Singer Co. Ex-Head Faces Suit Over Mansion Mortgage
• Texas REIT Scares Developer Out Of $75M Loan Fight
• BNY Mellon Dodges Bulk Of MBS Trustee Action
• 3 New Towers To Rise Along NYC's High Line
• HSH Nordbank Sues Barclays Over 'Empty' MBS
• Feds Allege Discriminatory Lending In GFI Mortgage Suit
• Highway Agency OKs New Ramps For $3B Queens Project
• Israeli Bank Hits Bank of America With $721M RMBS Suit
• Morgan Stanley Strikes Foreclosure Deal With The Fed
• A Mortgage Alternative For Health Care Facilities
• REIT Seeks To Exclude Developer From $75M Loan Fight
• Marriott Sued For $75M Over Handling Of Boutique Hotel
• Anschutz Moving Forward On $1B NFL Stadium In LA
• 2 Owners Shun Brokers To Market NY Buildings Themselves
• Cushman, Credit Suisse Get $24B Resort Investor Suit Pared
• Ambac Goes After JPMorgan Over $200M In RMBS Losses
• DC Circ. Nixes Fannie Mae Shareholders' Accounting Suits
• Navigating History: Mont. And State Riverbed Ownership