Real Estate Archive » September, 2012

Real Estate - September, 2012

312 articles

• UBS Escapes Investors' MBS Fraud Class Action
• SC High Court's Damages Ruling Will Cost Title Insurers
• Fox Rothschild Aided $2M Real Estate Fraud, Rabbi Says
• LA Planning Commission Greenlights NBCU's $1.6B Expansion
• LA Clears Path For Construction Of $1.5B NFL Stadium
• JPML Won't Merge Excise Tax Suits Against Fannie, Freddie
• Deutsche Hit With Fraud Claims Over $1B CLO Deal
• HSBC Confronts Deutsche Bank Over $183M In MBS
• Katan Wins Stay Of $180M Domino Sugar Site Sale
• CoreLogic Pays $8M To End WaMu Appraisal Inflation Suit
• What We've Learned From CFPB's 1st Year
• Case Study: RAM Mutual Insurance v. Rohde
• Calif. Mortgage Reforms Usher In Regulatory Crackdown
• Homeowners Win Class Cert. In Bear Stearns Mortgage Row
• Chase Home Finance Beats Truth-In-Lending Class Action
• Archer & Greiner Opens 5th NJ Office, Adds 3 Attys
• Rhoads & Sinon Can't Ditch Malpractice Suit Over $15M Loan
• Allen Family Notches Win In Forgery Suit Over Ranch Deal
• ResCap Bondholders Drop Backing Of Ch. 11 Plan
• Opportunities For Permit Extensions In Fla.
• Wells REIT Defeats Shareholder Merger Challenge
• Regulators Again Delay Derivative Swaps Margin Rule
• Assured Guaranty Calls $1B Lehman Suit A Stretch
• Young & Rubicam Closes $143M Columbus Circle Space Buy
• Chinese Budget Hotel Chain To Go Private In $634M Cash Deal
• FHFA Needs Better Fannie, Freddie Oversight, IG Says
• Deutsche Bank Unit, Others Escape Libor-Tied Loan Lawsuit
• Ex-Rangers Owner Settles $14.5M Suit Over Glorypark Project
• Bankrupt Vestin Unit Seeks Green Light On $55M Hotel Sale
• High Court May Redraw Line On US Liability For Flooding
• Feds Win 10th Guilty Plea In NJ Tax Lien Bid-Rigging Probe
• Section 8 Tenants Sue Over Delayed NYC Transfer Vouchers
• CFPB's Tough Tactics Rubbing Off On Other Regulators
• Haynes And Boone Adds Another Bryan Cave Real Estate Pro
• NYC Building's $15.5M Appraisal Survives Owners' Challenge
• Casino Investors Seek $149M Judgment Against Marketer
• Manufacturer Stalling $110M Hospital Expansion, Suit Says
• Ex-Credit Suisse Exec Charged With Inflating Mortgage Bonds
• NY Realty Co. Says Landlord Wrongly Kept Letter Of Credit
• NYSE, Nasdaq Weigh In On Exec Pay Adviser Independence
• Seattle Board Signs Off On Amazon's Downtown Complex
• 6th Circ. Kicks JPMorgan Subprime Case Back To Federal Court
• Insurers Must Cover Property Owner's Storm Repair Costs
• FHFA Sues To Force HSBC To Buy Back RMBS
• Calif. Court Denies Residents' Challenge Of LA Development
• Tools For Handling Mortgage-Based FCA Claims
• KKR, Hines Form JV To Develop 971-Acre Houston Office Park
• SEC Charges Ex-TierOne Bank Execs With Hiding Losses
• Gaylord Investors OK REIT Conversion, Marriott Transfer
• Credit Union Agency Sues Barclays Over $555M In Risky RMBS
• Freddie's Transparency Helps It Beat Investor Suit For Good
• CFPB's Broad Doc Request Ruffles Feathers
• San Fran To Triple Blight Penalties For Foreclosure Owners
• US Bank Sues Hotel Co. Over $165M Loan Default
• Get-Rich-Quick Salesman Files For Ch. 11 After $479M Fine
• Commercial Real Estate Pro Heads Back To Ballard Spahr
• MSR Resort Gets OK For $1.5B Stalking Horse Deal
• $323M Brookfield Fund To Focus On US Rental Properties
• Lloyd's Converts $20M Goldman Accident Suit To Class Action
• ResCap Creditors Seek Docs On $9B RMBS Settlement
• Pa. Railroad Co. Sues To Halt Terminal Redevelopment Effort
• Seattle OKs $490M Arena Developer's Amended Agreement
• Federal Insurance Owes $6M In Housing Bias Suit Coverage
• Atlantic Yards Residential Tower To Break Ground This Year
• UC Funding Accused Of Fraud Over $21M Real Estate Loan
• $6B NYU Expansion Will Destroy District, Say Tenants, Profs
• AEG Unit Buyer Must Have Funds For $1.5B Stadium, CEO Says
• Citigroup Can't Dodge Mortgage Overcharge Class Action
• NY Town Can Block T-Mobile Tower At Girl Scout Camp
• Judge To Adjust Ruling In NYU's Dispute With Dorm Landlord
• Texas Lawmakers Weigh Cities' Immunity For Property Regs
• 1st Circ. Reopens BofA Force-Placed Insurance Suits
• Regions Settles FCA Suit Over Alleged $2.4M TARP Fraud
• Judge Tosses Suits Over $180M Domino Sugar Site Sale
• Homeowners Fight For Own Committee In ResCap Ch. 11
• Brown Rudnick Hires Former Morgan Stanley RE Exec
• Making AFAs Work By Leveraging Project Management
• Texas High Court To Hear Developer's Buy-Back Row With City
• AGs' Dodd-Frank Fight Could Point Way For Further Protests
• American Realty Investor Calls Foul Over 'Unfair' $3B Merger
• Hollywood Hires Shepherd Mullin For RE Plan Legal Fray
• CMBS Market Starts Slow Climb Upward
• Pa. Township Challenges Review Of Anti-Fracking Zoning Laws
• RAIT Accuses Developer Of $25M Loan Kickback Scam
• Ex-Krahl Construction CFO Admits To Role In Billing Scheme
• Credit Suisse Says Dutch Fund's RMBS Suit Time-Barred
• Pittsburgh City, Airport Officials Split On Fracking
• Construction Unions Say University Of Del. Violates Wage Laws
• Jury Tosses Spector Gadon's Claims Against Texas Broker
• Highwoods Pays Tishman $146M For Atlanta Office Tower
• Judge Awards $4.68M Down Payment To Mark Hotel Sponsor
• BP Escapes $20M Suit Over Contaminated Gas Station Deal
• Ex-Solyndra Landlord To Get Part Of $13M Claim In Ch. 11 Pact
• 3 States Join Constitutional Challenge to Dodd-Frank Act
• K&L Gates Lures RE Finance Duo From Alston & Bird In NC
• HUD Paid $1B For Incorrect Mortgage Claims, Report Says
• CFPB To Revise Restrictions On Credit Card Applications
• Former Fannie CEO Beats Claims In $6.3B Subprime MDL
• Sheldrake Exec Gets 1 Year For $2.2M Battery Park Condo Scam
• Mall Magnate's Estate Could Score $944M In Simon Stock Deal
• NYC Panel OKs 25-Story Hotel With Rent Regulation Deal
• MDL Panel Wary Of Consolidating Fannie, Freddie Tax Suits
• BofA Calls Bid To Join Mortgage Insurance Suits A Power Play
• Conix Says Partner Sank $81M Houston Apartment Deal
• Pa. County Gives Thumbs Up To $42M Housing Development
• Roche Picks NY Over NJ For New Research Center Location
• Orrick Adds Simmons Real Estate Pro As Partner In Germany
• Sprint Pays $1.5M To Settle Right Of Way Suit
• Warwick Fires Back At Terror Victim Over Ahmadinejad Stay
• House Bypasses SEC To Define Muni Bond Advisers
• HUD Escapes Suit Over Soured Million-Dollar Subcontract
• Spector Gadon, Brokerage Debate Harm In Closing Arguments
• Developer Can't Recover Special Damages In $112M Loan Row
• Chicago Developer Sues Enbridge Over Mich. Oil Spill
• RBS, Wells Fargo Win Timeliness Appeal In $1B MBS Suits
• SunCal Limited To $1M Potential Award In Alameda Dispute
• TPG, CalSTRS Buy Texas Office Buildings For $859M
• Morgan Stanley, Wells Fargo Face Clash Over $73B In MBS
• Terror Victim Sues Warwick Hotel Over Ahmadinejad Stay
• Anschutz To Sell Unit Behind $1.5B NFL Stadium Project
• Case Study: Axis V. Contravest Construction
• McCarter & English Nabs New Real Estate Special Counsel
• Simpson Thacher Guides Blackstone's $2B Home Security Buy
• Philly OKs Zoning Relief For 197-Foot Old City Development
• How Occupancy Agreements Affect Renewable Energy Cos.
• Dukes Nixes Class Cert. In Option One Race Bias Case
• On Stand, Broker Attacks Spector Gadon's $1M Fraud Claim
• Pension Sues Texas AG Over Release Of RE Investment Info
• NJ Developer Objects to Lennar's 'Bad Faith' Ch. 11 Claims
• Letter Not Binding In Mall Project Row, NY Developer Says
• 1st Phase Of Cardinals' $700M Ballpark Village Gets Go-Ahead
• Robinson & Cole Inks Lease For Chrysler East's 20th Floor
• Sedgwick Adds 3 Attys With Enviro, Health Care Chops
• KSW Investor Sues To Block $32M Sale To NY Real Estate Co.
• Chubb Off Hook For Starwood's $10M Defense Bill
• Behringer REIT Arm Plans Samsung-Anchored Tower In Houston
• MBIA Seeks Jury For BofA, Countrywide MBS Fraud Claims
• Fannie Mae Taps Ex-Pfizer Litigation Chief For GC Role
• Health REIT Pays $1B To Buy Out Sunrise Majority Partners
• Investors Go For Cert. In $24B Credit Suisse, Cushman Suit
• McKenna Long Lands Ex-Alston & Bird Real Estate Partner
• Texas REIT Misled Shareholders, Investor Claims
• Fannie Didn't Overpay In $512M BofA Mortgage Deal: FHFA
• Case Study: In Re 785 Partners
• Ex-Wynn Partner Blames Stock Drop On Bad Management
• Snapshot Of China's Changing Land Use Laws
• Calif. Court Revives Enviro Challenge To Lab Supply Facility
• OCC Calls Rental Properties As Risky As Commercial Loans
• 9th Circ. Nixes Mortgage Fee Suit Against BofA, Others
• Chicago Developer Wins TRO Row In Ritz Residences Dispute
• 5th Circ. Affirms Class Cert. In Countrywide Loan Fee Suit
• MoFo Guides $250M Refinancing Of Lord & Taylor Flagship
• AIG's $10B BofA Suit Belongs In State Court, 2nd Circ. Told
• $100M Suit Against TIAA Over Halted Complex Scrapes By
• Fannie Mae Changes Income Reporting Policies For Some Loans
• Judge Hacks 'Breathtaking' $3M Kramer Levin Bill To $475K
• Citigroup Tells 2nd Circ. RE Mogul Can't Back Up Fraud Claims
• Cafe Owner Sues NYU For $7M Over Damages From Expansion
• Paul Hastings Guides SC Capital In $530M Real Estate Fund
• The CFPB Company Portal — It's Your Company's Radar
• Citi, SEC Lash Back At Rakoff Over Rejected $285M MBS Deal
• Boston Agency OKs Millennium's $615M Mixed-Use Project
• Judge Backs Cap On Attys' Fees For Barnes Bay Bankruptcy
• NFL Stadium Project's Enviro Impact Report Clears LA Panel
• REIT, Assisted Living Co. Enter $106M Senior Housing Deal
• Wyndham Worldwide Shells Out $102M For Resort Owner
• Lending Duo Leaves Greenberg For Edwards Wildman
• Chamber Backs Barclays In MBS Disclosure Row In 2nd Circ.
• PE Group Pays $130M For Health Care REIT's Sunrise Manager
• Pa. Appeals Court OKs South Philly Shopping Center
• Gaylord Adds Tenn. Attractions To Marriott Management Deal
• Calling Tax Credit Structures Into Question
• A Primer On Alternative Fee Arrangements
• Texas Agencies Grapple With Dodd-Frank Preemption Concerns
• NYC Hotel's Mezz Level Doesn't Count As 'Story': Panel
• BofA Settles Claims Of Bias Against Disabled Borrowers
• Rockefeller, Mitsubishi JV Scoop Up $206M San Fran Tower
• Annexation Nets Extortion Charge For Dallas-Area Ex-Mayor
• House GOP Bill Aims To Halt Mortgage Seizure Plans
• Gabelli Vows To Vote Against Gaylord's REIT Conversion
• Groups Back BofA In AIG's $10B RMBS Appeal In 2nd Circ.
• Judge Orders Settlement Talks In $112M Ariz. Hotel Loan Row
• Capital One Netted $5M In Force-Placed Insurance Scheme: Suit
• Zillow Says Rival Real Estate Site Copied Home-Value Service
• US Bank Can't Score Early Win In Fight Over Hilton Franchise
• Cordray Denies CFPB Is Ignoring Law On Mortgage Charges
• Texas Developer Argues City Should Pay Up For Floodplain
• Dexia Can't Kick JPMorgan RMBS Suit Back To State Court
• How Copyright Law Protects Building Designs
• Barclays Sells $1.4B Student Housing Stake To Dutch Co.
• Barclays Wants Libor-Tied Loan Lawsuit Dismissed
• Calif. Bank Settles DOJ Mortgage Bias Case For $2M
• Trustee Objects To Builder American West's Ch. 11 Plan
• WTC Cleanup Workers' Liaison Loses $1.87M Fees Bid
• New BuckleySandler Office To Advise On Mortgage Regs
• Ex-Troutman Atty Can Appeal Ruling On Nursing Home Deals
• Fidelity National Wants Wagner & Jones DQ'd From Wage Suit
• Willkie Farr Real Estate Expert Heads To Bryan Cave
• Ford, Edgewood Settle Dispute Over Tainted Concrete Cleanup
• ConEd Tells 2nd Circ. Negligence Felled 7 WTC On 9/11
• Industry Groups Want CFPB Finance Charge Rule Dropped
• Bolstering Calif. Antideficiency Protections
• Addressing The Scope Of CAFA In Supreme Court
• Investor Targets MBIA Over $5B Restructuring Transfer
• 9th Circ. Rebuffs Ariz.'s Challenge To $600M Casino Project
• NJ City Wrongly Denied Developer's Clinic Plans, Court Says
• House Dem Wants Freddie, Fannie To Offer 50-Year Refinancing
• Katten Adds Ex-Sidley Structured Finance Pro
• Spector Gadon Atty Says Broker Fudged Developer's Assets
• Fannie, Freddie Buyback Policy To Ease Friction With Banks
• Brooklyn Condo Board Hits Sponsors With $200M Defect Suit
• GGP Rejects Investor's Push For Sale To Simon Property
• Standard Pacific Wants Insurers To Pay To Fix Housing Defects
• House Passes Bill Allowing FHA To Raise Premiums
• $1.6B Nev. Project Developers Sue Lender Over Land Ownership
• Troubled REIT Gets Blackstone's OK To Sell 13 Hotels
• 8th Circ. Upholds Chubb Win In Water Damage Insurance Suit
• Judge Threatens To Bump ResCap RMBS Hearing To 2013
• FHA — Still Essential For Health Care Facilities
• NY, NJ Officials Reach Deal On Stalled 9/11 Museum
• New Challenges For Real Estate Restructurings
• CORRECTION: Longview Wins $95.5M, Huge Shale Tract From Directors
• NJ Lawyer Admits To $1M Mortgage Fraud Scheme
• Ill. Lawmaker Encourages Vote On FHA Finances Bill
• Banks Move NJ Mortgage Fee Whistleblower Suit To Fed. Court
• Calif. Official Asks DOJ To Probe Mortgage Seizure Collusion
• 6th Circ. Rules For Travel Sites In Ohio Hotel Tax Row
• Gordon & Rees Says Marine Theme Park Shirked Legal Fees
• Las Vegas Developer Settles $50M Suit With Shareholders
• Unions Lose Bid To Halt Work On LA Chinatown Wal-Mart
• CFTC Publishes Final Rule On Swaps Registration
• Senate Dems Eye GOP Support For Smaller Mortgage Refi Bill
• Former IndyMac CEO Dodges SEC's Risk-Weighting Claims
• NYC Mall Rents Lag Behind Other Cities
• NJ Court Says Town Officials Liable For Enforcement Lapses
• Wells Fargo Seeks To Exit Home Equity Suit
• Philly Law Firm Says Broker Helped Developer In $1M Fraud
• Homeowners' Group Manager Says Law Firm Stole Records
• MSR Creditors Settle, Allow $1.5B Stalking Horse Auction
• Ex-REIT Employee Admits To Kickbacks In Billing Fraud Case
• Less Burden For Ga. Landowners: Apportionment Is OK
• iStar To Pay $29M To Settle Shareholder Class Action
• Bankrupt Ariz. Developer Faces Scrutiny Over Ranch Land
• Prudential Targets Goldman, Others Over $796M In MBS
• DZ Bank Hits Goldman Sachs With $189M RMBS Fraud Suit
• FHFA Can't Block Calif. Mortgage Seizure Plan, Co. Says
• Developers Illegally Reaped Brownfield Tax Credits: Mo. AG
• Vanguard Health Gets OK To Build $350M Children's Hospital
• Developer Appeases DC Office By Scaling Down $127M Hotel
• Bank Says Developer Breached $22.5M Loan Agreement
• Blackstone Buys Majority Stake In Cell Tower Leasing Co.
• Ex-Troutman Atty's $120M Claim Can't Stop Nursing Home Deal
• Pittsburgh Utility Wants Out Of Suit Over $400M Redevelopment
• Minn. High Court Lets Insurers Go After Negligent Tenants
• Case Study: Pinnacle Tower V. Pinnacle Market
• Bronx Residents Protest $130M Subsidies For Online Grocer
• Chadbourne Attys Lose $2.8M Fee Bid In Real Estate Dispute
• Pa. Judge Must Pay $180K For Defrauding Ex-Client: Panel
• ICP, Founder To Pay $24M In MBS Fraud Settlement
• Credit Union Watchdog Says UBS Falsely Sold $1.1B In RMBS
• Feds Object To Builder American West's Ch. 11 Plan
• 4 Texas Attorneys Partner In Litigation Boutique
• Contractors Try To Escape Bellevue Hospital Damage Suit
• Sunrise Investor Challenges $845M Health Care REIT Deal
• Another Ex-Krahl Construction Manager Cops To Billing Fraud
• Wells Fargo Asks Court To Pare $13M Nev. Real Estate Suit
• Chadbourne Slips Into Former Dewey HQ With 20-Year Lease
• Real Estate Tops Legal Malpractice Claims, ABA Reports
• Baltimore Committee OKs Tax Break Plan For $1.3B Project
• Fla. City Approves $133M Plan For 'Margaritaville' Resort
• Winstead May Head To Trial In Condo Malpractice Suit
• German RE Investment Co. Accuses Website Of Defamation
• Bass Berry Brings Aboard Expert REIT Trio From Hogan Lovells
• 2nd Circ. Revives Goldman Sachs Mortgage Class Action
• BayernLB Hits Goldman Sachs With $512M RMBS Suit
• BofA Scoffs At Suit Over IRS Mortgage Interest Reporting
• Hoboken Mayor Proposes Scaled-Back Redevelopment Plan
• Case Study: Quade V. Secura Insurance
• Alston & Bird Faces $3.7M Negligence Claims Over Mall Woes
• Latham Reps Realty Income In $2.95B American Realty Deal
• Real Estate Mogul Gets 12 Years For $76M Ponzi Scheme
• Creditors Want ResCap Held To Ch. 11 Talks
• Wilmington Sues To Recover $50M Casino Project Guarantee
• Romney Offers Up Plan To Reform Housing Market
• 3rd Circ. Says Amended Foreclosure Suit Is Time-Barred
• Century Bridge Closes $170M China Housing Fund
• Investors Line Up For Low-Default Self-Storage Space
• German Bank Sues Goldman, Citi Over $210M In Bad MBS Bets
• Sealink Claims UBS Misrepresented $160M In Soured RMBS
• Hogan Lovells Adds Two Ex-Squire Partners In SF Bay Area
• KeyBank To Get $201.9M In Project Loan Default Suit
• In Wake Of Scandal, GSA Names New Public Buildings Head
• NYC Planning Commission OKs Chelsea Market Expansion
• Patron Raises $1.1B For Fund, Eyes Distressed Euro Market
• JPMorgan Gets Partial Win In $13M Meritage Contract Suit
• Mitsui Lands First Potomac's Majority Interest In DC Office
• H&M Takes Largest 5th Ave. Lease Of 2012
• WaMu Units Will Pay $26M To End MBS Class Action
• Case Study: PNC Bank V. LA Development
• Consumer Groups Blast Dodd-Frank Down Payment Proposals
• Fla. Ruling Fortifies US Courts' Power To Hear Drywall Suits
• Dallas Likely To Approve Plans For $225M Cancer Center
• $160M Chinatown Hospital Project Gets OK From San Francisco
• Former Real Estate Exec Admits To Investment Scam
• San Francisco Slashes Fees For Historical Property Program
• American, United Must Face 9/11 Negligence Suit
• CUNY To Buy Chunk Of Largely Vacant Midtown Durst Tower
• Beware: Marrying Lender And Developer Marketing Efforts
• Citigroup, Execs Targeted In $9B Euro Note Class Action
• Acadia Pours $90M Into Chicago-Area Health Care Property
• BofA Wins Class Cert. Fight In Suit Over Fannie Program
• CFPB Extends Comment Period For Finance Charge Proposal