Real Estate Archive » July, 2012

Real Estate - July, 2012

295 articles

• Reed Elsevier Sues LGBT Media Company For Unpaid Rent
• $152M Knocked Off Potential Damages In MSR-Hilton Row
• Ex-Real Estate Co. Exec Gets 5 Years For $40M Ponzi Scheme
• Wal-Mart Project To Proceed After Calif. Court Backs City's OK
• Goldman Pays $27M To Settle Fight Over $700M MBS Offering
• San Fran Panel Delays Vote On $2.5B CPMC Hospital Project
• 5th Circ. Will Rehear Anti-Immigrant Renters Law Case
• American Assets Trust Pays $229M For Wash. Tower
• FHFA Says Fannie, Freddie Won't Forgive Mortgages
• Feds Probe Top NY Construction Cos. In Billing Fraud Sting
• The Valuation Of PUCs In Miss.
• Tenn. Latest To Sue Fannie, Freddie Over Unpaid RE Taxes
• ResCap Examiner Gives Court Outline Of Prebankruptcy Probe
• Cominar Pays $697M For Montreal, Ottawa Properties
• Calif. Law Firm Targeted In CFPB's 1st Loan Modification Suit
• O'Melveny To Pay $2M In Empire Land Conflict-Of-Interest Suit
• Hodgson Russ Beats Tortious Interference Suit Over Land Deal
• Hines Sells Off Stakes In $1.5B Calif. Office Portfolio
• Atty Says SEC Ignored Truth In Case Against Citigroup's Stoker
• Comptroller Vows Closer Contract Eye After Apple-MTA Deal
• India's Sahara Group To Pay $570M For NYC's Plaza Hotel
• $150M Dallas Office Park Closing In On Tenants, Timeline
• Accor Sells $135M In Real Estate Assets To New JV
• US Bank Hits Morgan Stanley With $69M Mortgage Loan Suit
• NJ County Fights Fannie, Freddie Over Foreclosure Fees
• Royal Park Sues JPMorgan, Others Over $3B In RMBS
• Countrywide MBS Cases Are Time-Barred, 9th Circ. Hears
• Judge Trims RMBS Suit Against Deutsche Bank Units
• HSBC Sues Nomura Unit For $278M In Alleged MBS Losses
• Insurer Says It Doesn't Owe San Diego In Gas Leak Suits
• TMST Trustee Pays Banks $72M To Settle Collateral Rights Suit
• Hollywood Condo Tower's Permit Yanked Over Enviro Review
• NJ Town Escapes Affordable Housing Suit
• Judge Likely To Toss Atty Suit Over Calif. Mortgage Fee Rule
• 2 NY Attys Found Guilty In $25M Mortgage Scheme
• Insurers' Loss Reserve Info Off-Limits In $450M Fraud Case
• Homeowners Say JPMorgan Illegally Marked Up Servicing Fees
• Allen Matkins Aids Kilroy's $266M West Coast Plans
• JPMorgan Faces Fewer Claims In Mortgage Modification MDL
• Linklaters Aids HSBC, Hines On $471M London Complex Buy
• Mass. Senate Gives Thumbs-Up To Tribe's Casino Plans
• Bloomberg Sues Council To Challenge City's Living Wage Laws
• Senate Sends Sequestration Transparency Act To President
• Insurer Says National Fire Owes $1.4M In Casino Defect Suit
• Mass. Passes Foreclosure Bill Without Mandatory Mediation
• Weil Guides Brookfield In $366M Merger With Texas REIT
• TIAA Takes Hit In $191M Office Deal With JPMorgan
• RBS, Wells Fargo Can't Shake $1B Credit Union MBS Claims
• Fowler White Adds Real Estate Shareholder In Tampa
• Graham & Dunn Aided $12M Securities Fraud, Suits Claim
• Ohio Counties Sue Fannie, Freddie Over Deed Transfer Taxes
• National Mortgage Settlement: The Latest From Capitol Hill
• DLA Piper Says Real Estate Firm Skipped Out On Legal Fee Tab
• PSEG Retains Newark Headquarters Until 2030
• German Bank Sues UBS Over Losses On $160M In MBS
• NYC OKs Bill Requiring Affordable Housing Builder Data
• Sen. Calls For Low-Interest Gov't Loans For Underwater Homes
• Ala. Real Estate Investor Admits To Auction Bid-Rigging
• NYU Expansion Gets Final Green Light From City Council
• McCathern Mooty Grinke Hangs Shingle In San Antonio
• Siemens Gas Turbine Building Sold For $18M To Inland
• CORRECTED: WaMu Can't Eliminate MBS Class Action
• SL Green Sells Half Of Stake In $618M 5th Ave. Retail Condo
• Dodd-Frank Whistleblower Issues In Leshinsky And Asadi
• PACE-ing The Regulation Of Renewable Energy Loans
• NY Ups Bonuses For Energy-Efficient Buildings
• Womble Carlyle Failed To Shield US Home Docs: Judge
• Developers' Turn To Mezzanine Financing Carries Some Risk
• Canadian Fund To Invest $355M In US Multifamily Market
• Insurers Tell Congress Dodd-Frank Will Hurt Industry
• 3rd Circ. Gives Nationwide Win In Title Insurance Fight
• NY Judge Should Rethink Chelsea Piers Decision, Atty Says
• SNR Denton Adds Real Estate Veteran In Chicago
• MGM Investors Want Late CEO Replaced By Widow In MDL
• Pipeline Cos., Texas Landowners Seek Eminent Domain Clarity
• Seattle Eases Enviro Review Rules For Residential Projects
• Judge Pushes $63M Davis Polk Rent Row Closer To Arbitration
• Wells Fargo To Get $224M In Babcock Loan Default Suit
• GE Capital Injects $575M Into Blackstone's Industrial Sites
• Jones Day Reps Blackstone In $246M French REIT Buy
• Case Study: In Re Creekside Senior Apartments
• Carlton Group Says Sapir Stiffed It On $8M Refinance Fee
• TMST Trustee's $2B Suit Belongs In Bankruptcy Court: Judge
• Ritz Landlords Cry Foul Over Speedy Bidding Process
• Hotel Owners Sue Hammons CEO Over Management Deal
• 9/11 Wasn't Act Of War Under CERCLA, Building Owner Argues
• PE Investors Nab Hotel Steals As Huge Loans Come Due
• JC Penney Nets $248M In Sale Of Simon Stake
• Land Lease Bill Unlocks Tribal Leasing Opportunities
• Investors End Fight Against BofA's $8.5B MBS Settlement
• Developer RGI, Investor End $99M Share Sale Fight
• Federal Capital Closes $529M RE Fund
• Lloyd's Underwriters Want Others To Share Builder's Claims
• Rihanna's Suit Over Leaky $7M Mansion Kept Intact
• Chadbourne & Parke Eyeing Dewey's 6th Ave. Offices
• SEC Sets Bar To Meet 'Mortgage-Related Security' Definition
• FHFA Says Ill. Court Has No Authority In MGIC Coverage Suit
• Hollywood Residents Contest Plan Allowing Taller Buildings
• SEC's Broad Municipal Adviser Rule Risks Collateral Damage
• JPMorgan Must Disclose Inquiry In Billionaire's MBS Suit
• MGM Can Demolish Hotel Despite Builder's Suit, Judge Says
• JPMorgan Hounded Homeowners After Short Sales, Suit Says
• Gaylord Defends $210M Marriott Deal After TRT Cries Foul
• Environmental Property Services Now More 'Tax'ing In NY
• Hotel Owner Claims $4M In Damages From Faulty Shower Pans
• MSR, Hilton's Post-Trial Damage Estimates $288M Apart
• Calif. Appeals Court Refuses To Follow DR Horton
• Developers Can't Skirt Housing Panel In Builder's Remedy Suit
• NYC Chelsea Market Project Loses Borough President's Vote
• Time Hotel's Alleged $55M Default Prompts Foreclosure Suit
• Unfinished Dodd-Frank Rules Leave Banks In The Dark
• New Philly Casino May Never Hit Financing Jackpot
• Bankers Group Says Fair-Lending Enforcement Too Aggressive
• Broker, Tishman File Cross Appeals In $15M Contract Suit
• LA Memorial Coliseum Sued Over Long-Term USC Lease
• Cozen Adds Veteran Multifamily Real Estate Partner In Pa.
• Kaye Scholer Adds Linklaters Private Fund Partner In NY
• NYU Can't Limit Damages In Fight With Dorm Landlord
• Blackstone Pays $321M For 15 Regency Shopping Centers
• House Committee Considers Easing DC Rooftop Restrictions
• HSBC Can't Kill Kickbacks Suit Over Force-Placed Insurance
• Lender Wrong About Foreclosed Homeowners' Liabilities: Suit
• Stop & Shop Can't Check Out Of Vornado's Rent Increase Suit
• 10 Issues For Property Insurers Of Hard-Luck Insureds
• A Tribal Casino In Southeastern Mass.? Not So Fast ...
• Osheroff V. Tenet — A Proper Application Of Rule 9(b)
• FHFA Can Pursue MBS Claims Against ResCap Affiliates: Judge
• IndyMac CEO Off Hook For SEC's Risk-Weighting Claims
• Deloitte Aims To Shift Blame In $100M Ameriquest Suit
• Former Fannie Mae CEO Didn't Lie To Investors, Atty Says
• Real Estate Co. Buys Famed Houston Buildings In Fire Sale
• Amish Fund Dodges SEC Prosecution Over Stale Doc
• 10th Circ. Upholds Dismissal Of Construction Coverage Row
• Apple Acquires Austin Land For $304M Campus Expansion
• XL May Face Sanctions For Destroyed Docs In Appraisal Suit
• Holland & Hart, Wells Fargo Sued Over $13M Property Deal
• Landowners Sue Sprint, Qwest Over Fiber-Optics Installations
• 2nd Circ. Urged To Reject Award Over $57M Building Appraisal
• Howard Hughes Plans 66-Acre Mixed-Use Project Near Houston
• House Votes To Force OMB To Reveal Sequestration Plans
• Anderson Kill Adds Reed Smith Tax, Estate Expert
• Half Of 1 World Trade Center Leased After GSA Takes 6 Floors
• Hospitality Co. SBE Plans $85M NYC Luxury Hotel
• 11th Circ. Revives Mortgage Co. Suit Over Collection Tactics
• Cellini's Sentencing Pushed Back Amid Health Issues
• Goldman Settles Investor Suit Over $696M MBS Offering
• FHA Now Fielding Buyers In Redoubled Bulk Loan Sale Program
• Countrywide Strikes $375M Deal With Syncora In MBS Fight
• Enviros Win Halt On Planned Community Project In Calif.
• Eckert Seamans Adds Real Estate Finance Duo To NY Branch
• Arch Hit With $5M Suit Over HUD Development Project
• NYC Planners Say Midtown Should Grow Taller To Revitalize
• Host Scoops Up DC Grand Hyatt For $400M On 2nd Try
• WaMu Didn't Push For Inflated Home Values, Appraisers Testify
• NJ Developer Pays $22M To Settle Condemnation Row
• Holland & Hart, Others To Face Suit Over $13M TIC Investment
• Judge Won't Recuse Self From First American Overpricing Suit
• Senate Passes Bill To Expedite Tribal Land Leases
• Rental Inspection Law Doesn't Violate Rights, Calif. Court Says
• NYC Council Committee Approves Tweaked NYU Expansion
• US Bancorp Fails To Maintain Foreclosed Homes, LA Says
• Glaser Weil Attys Escape Claims Over Failed RE Deal
• DLA Piper Adds Thompson & Knight Energy Partner
• Calif. Resort Beats Time-Share Owners' Class Cert. Bid
• MERS Accused Of Secretly Selling Consumer Info
• Landwin Ducks Class Actions Over Real Estate Investments
• More Homeowners Using Gov't Refinancing Plan, FHFA Says
• Fannie, Freddie Losses Over $200B MBS Not Fraud, Banks Say
• Blackstone Credit Unit Inks $125M Deal With Homebuilder
• Morgan Stanley Can't Derail MBS Class Action
• JPMorgan, Merrill Must Face MBS Suits In State Court
• NY Defends Expert Report In WaMu Appraisal Inflation Case
• NJ Court Clarifies Cleanup Requirements For Eminent Domain
• Apple REITs, DLA Seek To Toss $6B Investor Class Action
• Stanhope Drops $313M On Longtime BBC Headquarters
• Accor's $275M Hotel Group Buy Boosts Presence In Brazil
• Toll Brothers GC Jumps To Duane Morris Corporate Practice
• Bingham McCutchen Adds Ex-Katten Real Estate Partner
• Raising The Bar On CMBS Loans
• NJ Must Tell Towns Before Taking Housing Funds, Court Rules
• Houston Tower Owner Says Noteholder Trying To Swipe Building
• Apt. Management Co. Sues Greenwich For Cleanup Coverage
• Cellini Asks For Sentencing Delay As Feds Seek Prison Time
• BofA Sued Over Mortgage Interest Payments To IRS
• Government Agencies Reveal Plans To Transform Downtown DC
• Merscorp Reforms Will End Del. AG's Suit Over Mortgage Data
• 9th Circ. Won't Review Class Cert. In WaMu Appraisal Suit
• Sullivan & Worcester Adds Goodwin Procter Real Estate Vet
• Cozen O'Connor Plans Move To New Philadelphia Offices
• Streets Near Nets Stadium Don't Need Parking Permit: NYC DOT
• Citigroup Sells 620,000-SF Office Campus To Brookfield
• Wells Fargo Faces New Force-Placed Insurance Class Action
• Key Provisions Of Calif.'s Homeowner Bill Of Rights
• MSR Witnesses Make Case To Cancel Hilton Agreements
• Banks To Face More Suits In Wake Of Calif. Mortgage Overhaul
• Transfer Tax Suits Pile Up Against Fannie, Freddie
• Bold Calif. Mortgage Plan Faces Eminent-Domain Hurdles
• Expert Report Stays Intact In WaMu Appraisal Inflation Trial
• Santa Clara Braces For Court Fight Over 49ers Stadium Funds
• Tenet Can't Shake FCA Suit Over Referral Kickback Plot
• Axinn Brings On Mortgage Crisis Litigator From Debevoise
• REIT Says $75M Loan Fight Can't Be Arbitrated
• Steady Drop In US Office Vacancies A Sign Of Recovery
• Wells Fargo To Pay $175M To Settle DOJ Lending Bias Case
• Navigating Post-Loss Foreclosures
• HSBC Says Force-Placed Insurance Suit Fails To Allege Injury
• Dodging A Bullet: First American Financial V. Edwards
• Agency Over Fannie, Freddie Takes Up Force-Placed Insurance
• Insurance Agency Not Out Of $6.7M Suit Over Boxing Injuries
• Taylor Bean Unit's $800M Freddie Mac Gambit Faces Slim Odds
• Enterprise To Pay Record $550M For Shell Plaza In Houston
• First American Grills Expert In WaMu Home Value Inflation Suit
• Pa.-To-NY Gas Pipeline Should Hug I-88, NY Lawmaker Says
• Pared Class Of Las Vegas Sands Investors Wins Cert.
• RXR Realty Picks Up NY Office High-Rise From Dubai Fund
• Calif. City Fights For Right To Block Point Molate Casino
• McKenna Long Adds Greenberg Traurig Real Estate Pro In NY
• Bingham Hires Real Estate Finance Pro From Katten Muchin
• The Gun Lake Decision: What Does It Mean For Gaming?
• Housing Experts Push Congress To Define 'Qualified Mortgage'
• ResCap Wins Stays On Last 6 Suits Against Affiliates
• Williamson Act To Face Scrutiny In Solar Land Use Suit
• BofA Says 'Finder's Fee' Class Action Falls Flat
• Bankrupt Taylor Bean Unit To Seek $800M From Freddie Mac
• Brooklyn Developers Face $50M Suit Over Soured Deal
• Blackstone To Unload $20B US Office Portfolio: Report
• NJ Gov. OKs Bill To Clean Industrial Sites With Tax Refunds
• Triple Five Strikes Back At Giants, Jets Over $2B NJ Project
• Ga. Judge Says Travel Websites Can't Be Taxed As Innkeepers
• Carlyle Group, Dow Hotel Co. Snap Up Texas Lake Resort
• King & Spalding Nabs Fried Frank Property Pro In London
• DiamondRock Pays Blackstone $495M For 4-Hotel Portfolio
• Radlax — 'An Easy Case'
• Freddie Mac Taps Former JPMorgan Atty As New GC
• Delays May Stifle CFPB's Effort To Clear Up Mortgage Process
• Judge Allows Dewey & LeBoeuf To Break Most Of Its Leases
• NY Court Rules Gov't Construction Thresholds Constitutional
• The Latest Attempt At Criminalizing 'Robo-Signing'
• PE Firm Sank $150M Into Risky Real Estate, Fraud Suit Says
• Bankruptcy Trustee, Brokers Duck FCA Kickback Claims
• Advocates Seek To Stop NJ Seizure Of $161M In Housing Funds
• Obama OKs 5-Year Extension Of Flood Insurance Program
• Sheppard Mullin Opens 7-Lawyer Chicago Outpost
• ABS Investor Group Pays $140M For 'Silicon Alley' Office
• 11th Circ. Gives BofA Small Win In Las Vegas Casino MDL
• Builders Want Katten, Reed Smith DQ'd From Real Estate Suit
• Marriott Reaches Deal In Dispute Over $250M Honolulu Hotel
• REIT Sues Station Casinos, Creditors For Share Rights
• Freshfields Guides $393M Redwood Fund Through 1st Closing
• NJ Court Limits State's Power To Order Cleanups
• Vornado Spends $132M For Spot On Miami's Lincoln Road
• NJ Township To Refund Sunoco, El Paso $31M In Taxes
• Unions Sue LA Over Wal-Mart Project's Enviro Permits
• FDIC Says Bankruptcy Stay Doesn't Block Ally Suit
• FAA Not Bound By EPA Comments On Air Analysis: 3rd Circ.
• BofA Escapes RICO Suit Over Faulty RE Loan Reports
• Insurers Spar Over Defending $23.5M Casino Remodel Suit
• Vornado To Pay $707M For 5th Ave. Retail Space
• At Odds Over Junior Lienholder Rights In Calif.
• Calif. Mortgage Overhaul May Raise Preemption Challenges
• CFPB's Definition Of Abusive Practices Remains Elusive
• Mortgage Fraudster Pleads Guilty In $100M Scheme
• GAO Slams Regulators Over Foreclosure Review Notices
• Cozen O'Connor Sued Over Atty's Allegedly Shoddy Work
• Minn. County Treasurer Sues Fannie, Freddie Over Unpaid Taxes
• Countrywide Gave Discount Loans To Lawmakers, Report Says
• Judge Upholds Mass. City's Anti-Foreclosure Laws
• Carlyle Acquires Controlling Stake In Chinese Hotel Co.
• Who's SARE-y Now?: No Whole-Business Exceptions
• Taconic, Oaktree Shell Out $65M For Tribeca Condo Site
• German Banks Curb RE Financing, Leaving A Void In The US
• Ex-NY Bankruptcy Chief To Be Examiner In ResCap Ch. 11
• Salvation Army Back On Hook In $200M Lease Breach Suit
• Fla. Developer, Southwest End Deal For $26M Loss Payment
• Title Insurance Cos. Beat Kickback Suit At 2nd Circ.
• Hilton Expert Says Nixing MSR Resort Deals Would Harm It
• Strategic Capital Dodges $2M Fraudulent Transfer Suit
• Appeals Panel Pares Claims From Dakota Discrimation Suit
• NY Lobbying Deal Prompts Call For LDC Audit Authority
• Real Estate PE Firm Wheelock Closes $525M Fund
• Winston & Strawn Offered Bad Lease Buyout Advice, Suit Says
• The Rising Risks Of Chlorinated Solvent Contamination
• Calif. Resort Town To File Ch. 9 After $43M RE Judgment
• Calif. Poised To Be 1st State To Write Mortgage Deal Into Law
• Houston Tower Owner Bilked Creditors With $6.5M Loan: Suit
• Dukes, Concepcion Can't Undo Class Cert. In Insulation Suit
• NJ Gov. Christie Vetoes Foreclosure Relief Measure
• Ill. Court Won't Revive Feud Over Chicago Tower Stake
• Texas Industrial Park Partner Claims He's Being Forced Out
• Regions Bank Escapes Suit Over $34M RE Loan Default
• EverBank To Spend $2.5B For GE Capital Real Estate Loan Biz
• Fannie, Freddie Hit With Unpaid-Taxes Suit In W.Va.
• Singapore Mall Builder Raises $1B China Fund, Largest Ever
• Dewey & LeBoeuf And The 'Unfinished Business' Doctrine
• Credit Suisse To Face $642M MBS Suit As Class Action