Real Estate Archive » June, 2012

Real Estate - June, 2012

313 articles

• Senate Committee OKs Bill To Sell Underused Gov't Property
• Consumer Class Actions Survive Brush With High Court
• Judge Keeps Counterclaims In Five Star $112M Hotel Loan Suit
• Law360's Global 20 Firms Open Up New Frontiers
• Grubb & Ellis Allows Cleanup Workers' 9/11 Suits To Proceed
• Calif. Developers Told To Pay $5.5M Over Commingled Funds
• Highland Drops Citigroup CLO Suit Over Manager Role
• Hilton, MSR Begin Trial Over Luxury Resort Management
• NYC City Council Approves Upper West Side Rezoning Plan
• Rite Aid Faces $60M Development Suit Over Canceled Stores
• GAO Pushes Fannie, Freddie Overseer On Mortgage Relief
• Case Study: In Re Loop 76
• Holder Of Building's $53M Loan Can't Block Sale, Judge Says
• NJ Assembly OKs Bill To Flip Foreclosures As Low-Cost Homes
• Spectra Unit Wins Condemnation Orders For $1.2B Pipeline
• House Panel Trains Fire On Appraisal Management Cos.
• Deal Between WexTrust Receiver, Much Shelist Wins Approval
• NY Court Shoots Down Investors' $1.1B BofA MBS Suit
• Miami Approves Dacra's $312M Retail Haven
• Capital One To Build $150M Data Center In Va., Snubbing Texas
• Energy Efficiency Experts Urge Senate To Ease Private Funding
• European Regulators Propose Caps On Fund Managers' Pay
• CFPB Warns Of Dangers In Reverse Mortgages
• Deciding Disparate Impact Under FHA — Take 2
• Wells Fargo Pays $3.2M To Exit Mortgage Late-Fee Claims
• Supreme Court Drops First American Kickback Case
• Flagler's $1B Fla. Rail Project To Start In Miami
• Ex-NBA Star Dodges Trial Over $10M Mortgage Fraud Charges
• Judge Won't Block $74M In Condo Sales For Mogul Swig
• Judge 'Ticked' Over Delays In MBIA Suit Against BofA
• Trustee In $500M DBSI Ponzi Scheme Sues Broker-Dealers
• Proposed $2B NJ American Dream Project Clears Key Hurdle
• Citigroup Asks 2nd Circ. To End 7 WTC Legal Fees Suit
• Judge Won't Rethink Wells Fargo Loan Modification Suit
• Dolby Puts Up $110M For New SF Headquarters
• Barclay Twins, Irish Treasury Win $1B Hotel Debt Challenge
• Atlantic Yards Developers Will Conduct New Enviro Study
• Homeowner Protection Bills Win Calif. Panel's Approval
• NYC Rental Building Sells For $98M In 'Groundbreaking' Deal
• Senate Panel Backs Bill For Sales Of US-Owned Property
• Contractors Sue NYC For $60M Over Bungled Garage Project
• NY High Court Lets Barclays Off Hook Over $1.6B Toxic MBS
• When Your Insurer Goes Bankrupt — And No One Tells You
• FHFA's Claims Not Too Late In $6B UBS Suit, Judge Rules
• Merrill, RBC Dodge Claims In MuniMae Shareholder MDL
• Embassy Suites Group Asks 2nd Circ. Not To Appoint Receiver
• Irish Fund Launches $960M MBS Suit Against Deutsche Bank
• CPMC's $2.5B Hospital Project Stalls Over San Fran Deal
• NYC Hotel Loan Malpractice Case Survives Dismissal Bid
• NJ Foreclosure Relief Passes Both Houses, Goes To Talks
• Stricter LEED Could Hike Project Costs, Send Gov't Running
• Law Firm's Foreclosure Filing May Be FDCPA Breach: 6th Circ.
• Insurer Appeals SunTrust Win Over Loan Default Coverage
• Contractor Says NY Developer Owes $11M For Unpaid Work
• NJ Board OKs 2nd Phase Of $1B Mixed-Use Project Near GWB
• Holland & Knight Loses Bid To Overturn $35M Fraud Verdict
• NJ Assembly Clears Bill Extending Development Permits
• Citi, Others Must Face Most Claims In Bungled-Mortgage Suit
• Brookfield Drops $109M On 31st DC-Area Property
• Lehman Sues To Keep Stake In $63M Foreclosed Hotel Loan
• Deutsche Bank Sues GE Unit Over $650M Losses In MBS Pool
• E-Commerce Boom Fuels Retailers' Hunger For Warehouse Space
• JPMorgan Pays $4M To End WaMu Mortgage Kickback Suit
• Castillo Pushes To Duck Attys' Fees In Sheraton Contract Row
• Construction Co. Pays $10.5M To Demolish Accessibility Suit
• Jury To Decide If Broker Deserves $15M Payout, Judge Says
• Wells Fargo Exits Mortgage Loan Fee Case For $7M
• Wash. Energy-Efficient Building Code Can Stand, 9th Circ. Says
• 5th Circ. Asked To Revive $10M McGlinchey Malpractice Suit
• 2nd Circ. Gives NY Tribe Another Shot At Casino
• Diminished Value Claims — Impossible Measure Of Damages?
• Fannie, Freddie Sue Illinois Officials Over Transfer Taxes
• Brandywine, Allstate Unit Ink $121M Deal For Md. Offices
• Challenging Tribal Land-Into-Trust Acquisitions
• Calif. Democrats Propose Statewide Foreclosure Reforms
• Judge Strips Homeowners' Countrywide MBS Suit
• Giants, Jets Sue To Halt NJ American Dream Mall Project
• Two Trees Pays $185M For Domino Sugar Factory Site
• 9th Circ. Asked To Weigh In On FDIC Citizenship
• Mass. High Court OKs Foreclosures Without Mortgage Notes
• Judge Approves $40M Deal In Lehman MBS Class Action
• Texas High Court Reinstates Easement Case Over Dallas Line
• GCs Name Law Firms With Top Shelf Brands
• Homeless Group Sues OMB For Info On Unused Buildings
• Wynn Brawl Returns To State Court Despite FCPA Element
• DC Circ. Upholds More Stringent EPA Lead Paint Rule
• Judge Denies Shearman & Sterling DQ, Nixes Investment Suit
• Equity Residential Pays $280M For Chelsea Apt. Complex
• GOP Sens. Target Kelo Ruling With Eminent Domain Bill
• Goldman Gets Investors' Abacus Suit Cut Down
• NY Legislature Wraps Without Wage Hike, Fracking Bills
• NY Assembly Passes Bill To Criminalize Robosigning
• 2nd Guessing Good Faith Settlement Determinations
• New Philly Rule Requires Buildings To Report Energy Efficiency
• Feds Issue Mortgage Guidance For Military Homeowners
• Orlando Agency Greenlights $1B Rail Link To Miami
• Banks Could Pay Big For Foreclosure Errors
• Judge Pares Claims In Atlantic Yards Labor Lawsuit
• Citi-Led Housing Fund Venture Buys Harlem's Savoy Park
• On 3rd Try, Calif. Agency OKs $150M Santa Monica Project
• Fannie, Freddie Hit With Class Action Over Taxes
• Lowenstein Reps Rutgers On $295M Public-Private Project
• Blackstone, DDR Venture Snags $1.4B Elbit Retail Portfolio
• Greenberg, Quarles To Pay Ponzi Investors $88M In Settlements
• Oakland OKs CCIG, Prologis' $484M Industrial Hub
• Insurers Pay $13M To Settle Chinese Drywall Claims
• Oracle CEO Ellison Acquires Hawaii's Lanai Island
• Houston Pavilions Developers Sued Over $149M Loan Default
• Toll Bros. Agrees To Settle Water Pollution Suit
• Banks Press CFPB To Delay Mortgage Disclosure Changes
• Bear Stearns Amply Warned Ky. Bank Of MBS Risk: 6th Circ.
• BoNY Sues For Keys To Chicago Condo
• Haynes Adds Ex-Bryan Cave Real Estate Partners In NY
• First American Can't Nix $2.3M Verdict Over WaMu Loan
• Fidelity Gets Home Warranty Kickbacks Suit Tossed
• Sunstone Expands Chicago Portfolio With $92M Hotel Buy
• Holland & Knight Nabs Abu Dhabi Construction, Energy Ace
• GAO Knocks Federal Property Management, Calls For Fix
• UBS Can Appeal Timeliness Ruling In FHFA's $6B MBS Suit
• JPMorgan Unit Can't Duck Syncora's $666M MBS Repo Claims
• Plan For Taller LA Buildings Draws Legal Threats
• Prada Says MaxMara Bilked It Out Of Hawaii Boutique Lease
• EPA Sued For $65M By NY Developer Charged Over Dumping
• Wynn's Ex-Wife Asks Court To Release $1B Worth Of Stock
• Equity Eyeing $280M NYC Apartment Buy
• TPG Puts LA Site On Block With Eye Toward REIT Makeover
• Court Backs Win For Pillsbury In Real Estate Malpractice Suit
• Asbestos Removal Tax Credit Bill Clears NY Senate
• Supervisors Not Liable For Brokers' Bad Realty Deals: Court
• FHFA To Unify Tests For Fannie, Other Mortgage Lenders
• NY Court Blocks Challenge To $150M Casino Loan Buy
• Toll Brothers, Starwood To Develop Brooklyn Bridge Park
• Perkins Coie Adds LEED Real Estate Atty From K&L Gates
• Miami Legislators Blast 30% Proposed Home Insurance Hike
• Kinder Says San Diego Stadium Lease Dooms Cleanup Suit
• Nationstar, Berkshire Hathaway Named ResCap Stalking Horses
• Hard Rock Enters Abu Dhabi Market With 5-Star Hotel Plan
• Brookfield Pays $815M For Hammerson's London Offices
• MoFo Real Estate Duo Joins Shartsis In San Francisco
• Wells Fargo, Freddie Mac Reach $17M Deal In TCPA Suit
• $100M Sale Of Ventas Senior Housing Ends ALC Leasing Fight
• Ex-Empire Land CEO, Attys Escape Sanctions In Ch. 7 Row
• TV Studio Seeks $4M Over Botched Exxon Land Deal
• Lichtenstein Sues Willkie Over $100M Extended Stay Penalty
• High Court Says Casino Foe Can Sue Gov't Over Land Use
• FHFA May Bar Fraudsters From Fannie, Freddie Business
• NJ Assembly Panel Advances Foreclosure Relief Bill
• Judge Orders Examiner Appointment In ResCap Bankruptcy
• Essex Scoops Up Stakes In Avant's $250M Calif. Apt. Towers
• Holiday Pays $165.5M For 6 Chartwell Assisted-Living Homes
• Dechert Adds White & Case Real Estate, Finance Pro In London
• Condo Owners Take $125M Starwood Fraud Suit To 7th Circ.
• Developer Sues Lenders Over Failed NYC Hotel Financing
• Richard Dreyfuss Sues Family Over Real Estate Loan
• Boies Schiller's $5M Real Estate Win Upheld By NY Court
• NY Lawmakers Look To Curtail City Condo, Co-Op Tax Breaks
• MGM, Peterson Plan Casino As Md. Weighs 6th Gaming License
• Calif. High Court Puts Its Weight Behind Exhaustion Rule
• Thompson Hine Adds Gov't Contracts Partner From K&L Gates
• Rothstein Ponzi Funded Versace Mansion With $125M Price Tag
• Okada Accuses Wynn Resorts Head, GC Of Racketeering
• ResCap Fights Berkshire's Bid For Stalking Horse Status
• Developer Can't Block $125M Domino Sugar Housing Financing
• Former Taylor Bean Exec Gets 5 Years For Role In $3B Fraud
• Storming Into Summer With Big Fla. Insurance Decisions
• LA City Council Approves $67M Subsidy For Marriott Project
• LA Hit With 2nd Enviro Suit Over Major Residential Project
• FHFA Takes Tough Stand Against Green Home Finance Program
• Israel's Azrieli Pays $245M For 2nd US Property
• Judge Scolds Attys Bickering Over $8.5B BofA Settlement
• 9th Circ. Says Feds Can Snuff State Land Rights
• Package Of Housing Reform Bills Clears NY Assembly
• Will The Big Apple Become The Big PV Cell?
• Chicago Bulls To Bring New Practice Facility Downtown
• NY AG Pens Legislation To Criminalize Robosigning
• Morgan Stanley Returns $67M MBS Row To Federal Court
• Bloomberg Unveils Plans For $3B Queens Redevelopment
• Corus Trustee Targets Ex-Execs Over Demise
• Lights, Camera, Courtroom: Lessons From Mike Wallace
• Countrywide Wants Judge To Boot Insurers' MBS Claims
• Travel Sites Deny Liability For $60M In SF Hotel Taxes
• Rumored $200M Hines Deal Hints At Spec Building Trend
• Chinese Investment Boom Lends Lifeline To US Hotel Projects
• Judge Won't Excuse UBS From 1st Trial In FHFA MBS Cases
• Miami Committee Gives Nod To Design Review Task Force
• Syncora, EMC Spar Over Terms Of $666M MBS Repo Deal
• Hilton Worldwide In-House Atty Jumps To Sutherland
• Deloitte Will Anchor New $475M Toronto Office Tower
• Malaysia's Starhill REIT Eyes $411M Buy Of 3 Aussie Hotels
• NYC, FreshDirect Hit With Enviro Suit Over Bronx HQ Project
• Davis Polk To Stay In Offices While $63M Rent Row Resolved
• Citigroup Asks 2nd Circ. To Uphold Time Limit In CDO Suits
• Verizon Freed From Allegations It Secretly Overbuilt NY Tower
• Campbell Pays $3.5M For NJ Sears Store In Redevelopment Plan
• NJ OKs $38M Tax Credit To Keep Cablevision Unit In State
• NJ High Court Wades Into Conditional Use Zoning Dispute
• MIG Capital Builds Texas Holdings With Austin Complex
• NY Orders Force-Placed Insurers To Submit New Rates
• German Bank Sues Capital One, Barclays Over $87M In MBS
• $9B Claim To End ResCap-Investors RMBS Fight
• NJ OKs $19M Grant For Brownfield Development
• European Investors Launch AIG Fraud Suit Over CDO Bets
• Hotel Fires Back At Lender Over $80M Default Claims
• Davis Polk Wants To Stay Eviction In $63M Rent Row
• Case Study ASB Allegiance V. Scion Breckenridge
• Fiserv Bad Faith Claims Survive In Title Insurance Coverage Row
• ResCap's $2.3B Mortgage Unit Sale Plan Draws Scrutiny
• 10th Circ. Gives Strict Window For Mortgage Rescission
• Judge Approves Mich. Resort Development Deal
• Developer Returns To Drawing Board On $1B Napa Project
• Gansevoort Secures $160M For Park Ave. Hotel Refi
• Trump To Dole Out $200M To Renovate Miami's Doral Hotel
• Law Firms Sued For $2.3M Over Dumped Lease In Merger
• NJ High Court Won't Let Christie Kill Housing Council Yet
• Morgan Stanley Topples Loan Sale Suit In 7th Circ.
• NBC, KDC To Build Media Studio In $582M Texas Community
• Starwood Capital Snags 21-Story Midtown NYC Office
• Hunton & Williams Pads RE Group With 4 SNR Denton Partners
• Case Study: Mathews V. PHH Mortgage
• Domino Sugar Site To Sell For $160M To Two Trees
• Bank Of Tokyo Expands Lease At Mack-Cali NJ Building
• Hot Miami Retail Market Revs Up Mixed-Use Developments
• Judge Orders BofA To Cough Up Liability Docs In MBIA Suit
• Small Bank Lending Could Take Hit Under Fed Capital Rules
• Developer Says BP Oil Spill Ruined Housing Complex Sales
• Real Estate Investors Cop To Bid Rigging In DOJ Probe
• Related Lands $240M Financing From NY For High Line Tower
• FHA Ramps Up Loan Sell-Off Effort To Curb Foreclosures
• German RE Firm Plucks $447M Tower From Ripe SF Market
• Borrowers Accuse Lloyds Of Ignoring Real Estate Loan Caps
• Case Study: In Re Heritage Highgate
• Lender Galante Seeks Judge's OK To Buy $150M Casino Loan
• Lenders W&D, CWCapital Join Forces In $220M Merger
• Subjecting Mortgage-Backed Securities To TIA
• Judge OKs DOL's Change In Loan Officers' OT Status
• Malaysian Cos.' £400M Tops Bids For London Landmark
• Wells Fargo Improperly Appraised $125M Hotel Loan, Suit Says
• US Broadens Probe Of Federally Insured Mortgage Lenders
• Apollo, Glebe Plan $93M Remodeling For Former Reuters Center
• Agency Ends Eminent Domain Row Over $80M Fla. Project
• OneBeacon Calls Foul In $11M Stadium Scam Coverage Row
• Mass. Senate Passes Bill To Require Foreclosure Mediation
• Countrywide Says Dukes Destroys Class In Loan Bias Suit
• Jamestown's Plan To Expand NYC Landmark Moves Ahead
• Midtown Equities Drops $175M On Manhattan Building: Source
• Atlantic Yards Developer Delays $150M Train Yard
• Equity Reaps $150M From Lehman's $1.6B Archstone Stake Buy
• Dacra's $312M Miami Design District Project Gets Go-Ahead
• BofA Sues RE Mogul Over $17.6M In Loan Defaults
• Breaking Down Fla.'s Prejudgment Interest Issues
• NY, Del. AGs Can Intervene In $8.5B BofA MBS Deal
• New CEO Believes Fannie Mae Is Key To Housing Recovery
• Sovereign Claims Stradley Ronon Botched Taylor Bean Loans
• Calif. Cities Want Stay On Foreclosures In View Of $25B Deal
• Case Study: Duea V. County Of San Diego
• Law Firm Fights To Quash DBSI Ponzi Scheme Suit
• $2B NJ Entertainment Complex Project Gets $700M Boost
• Egypt Must Arbitrate $200M Red Sea Resort Row, Tribunal Says
• NJ Looks To Streamline Turnover Of Commercial Space
• Exxon Expands Scope Of New 385-Acre Houston Campus
• NJ Developer Must Hand Units To City For $1 Each, Court Says
• Investors Seek Right To Sue BofA Over $1.1B MBS Flub
• Lloyds Unloads $1.3B Australia RE Loan Portfolio For $600M
• Miami Orders Study On Trump-Backed Movie Studio Project
• Shapiro & Burson, Westport Settle Robosigning Coverage Row
• Bank Regulators Waiting On CFPB Qualified Mortgage Rule
• Sunstone Sells $66M Resort After Landing $88M Chicago Hotel
• Canadian RE Pro Jumps To Baker & McKenzie In Toronto
• Planning Commission Approves NYU Campus Expansion
• 2nd Phase Of $1B NJ Project Near GWB Unveiled
• Bankrupt Franklin Credit Holding To Sell Mortgage Unit
• BNP, Deutsche Beat BofA Counterclaims In $1.6B MBS Row
• Fannie Mae, KPMG Slam Investors' Accounting Fraud Claims
• Goodwin Helps Brookfield Snag Seattle Towers For $210M
• TIAA Suit Against Manager Of $967M Fund Nixed By 2nd Circ.
• Nationstar Buys $10.4B Home Mortgage Loan Pool From BofA
• MBIA Stakes Claims To IndyMac MBS Losses In DC Circ.
• Yotel Kicks Off $250M Fund To Spur $650M In Hotel Projects
• NYC Looks To Trim Parking Requirements For Bklyn Buildings
• Appeals Court Denies NY's Bid In $125M Land Grab Suit
• Berkshire Requests Examiner In ResCap Bankruptcy Case
• CalPERS Drops $198M For DC Office Building
• Morris Manning Snags Land Use Partner From Seyfarth Shaw
• How To Escape The Recent 9th Circ. Cramdown Craze
• NY AG Taps Ex-Prosecutor To Lead MBS Probe
• Calif. Senate Gives Go-Ahead To New Redevelopment Plans
• Arent Fox Snags Venable Partner To Bolster LA Office
• Invesco Pays $141M For Manhattan Office, Retail Building
• Aragon Enters Fla. Market With Disney-Adjacent Property
• Barclays Accused Of Misleading Clients On $808M In MBS
• Bankers Urge 3rd Circ. To Limit Mortgage Rescission Suits
• MoFo Grabs Another Floor In New Manhattan Tower
• Prudential Gets $210M Tax Credit For NJ Development
• Kilroy Snags $330M Worth Of Seattle Office Properties
• Jones Walker Taps Ex-US Rep. Lazio To Head New NY Office
• Columbia University Sued Over NYC Demolition Contract
• $4B NY Convention Center Deal Falls Through
• Supreme Court Disbars Dick's Atty Jailed For Kickbacks
• Desperately Seeking CEQA('s Expedited Litigation)
• Simon Property Pads Outlet Holdings With Upscale Fla. Mall
• Fla. Ruling May Be Death Knell For Bad Faith Claims
• Facebook Expansion Puts Squeeze On Calif. Multifamily Markets
• Court Rules Bank Owns Tax Evaders' $50M Fla. Properties
• Brookfield Global RE Fund Nets $2B At First Closing
• International Paper Sells Mills For $470M In DOJ Deal
• NYC Panel Votes Down Jamestown's Chelsea Market Hotel Plans
• First Horizon Accused Of Reinsurance Kickback Scheme
• Goldman, Tishman Move To Nix Ice Rink Owner's Building Suit
• Cuomo Signs Bill To Tighten Mortgage Licensing Loophole
• Ruby Foo's Owner Cooks Up Deal In Times Square Lease Feud
• Jury Convicts Grant Manager Of Helping Steal FEMA Funds
• OCC Underestimated Robosigning Risk, Watchdog Says
• US Bank Wins Receiver Motion In $188M Embassy Suites Dispute