Real Estate Archive » October, 2012

Real Estate - October, 2012

351 articles

• MetLife Pays $109M For Downtown Chicago Office Tower
• Calif. City Can't Use Initiative To Skip Wal-Mart Enviro Review
• Sandy May Stall NYC Development, Spark Construction Suits
• Parkway Pays Private Equity Group $100M For Nascar Plaza
• MSCI To Pay $125M For UK Real Estate Market Research Firm
• DR Horton Suit Against Travelers Over $40M Judgment Trimmed
• Calif. County Beats Biz Group's Challenge To Land-Use Plan
• Freddie Foreclosure Holds No Water Without Note, Court Says
• Calif. Civic Center Builder Must Face Subcontractor's Suit
• NY High Court Won't Hear Appeal Over Tribeca Rent Perks
• National Penn Says It Owes Cushman No Commission
• Predictions Regarding Predictive Coding
• Palm Beach Greenlights Related's $105M Hilton Project
• Creditors Of Landmark Chicago Hotel End Loan Repayment Row
• City In NY Not Liable For Storm Floods Caused By Drain Clog
• Citi Unit Gets Win In Loan Sale Dispute With Mortgage Co.
• BofA, Countrywide Beat RICO Claims Over Subprime Lending
• Judge Tosses Suit Over Wells Fargo Force-Placed Insurance
• Welk Resorts Beats Mold Class Action
• Miami-Dade County Joins Fannie, Freddie Transfer Tax Fight
• Barnes & Thornburg Adds Jones Day, K&L Gates Attys
• Kasowitz Drops Financier Suing Dakota For Discrimination
• Philly Developer Fights To Push Up Property Tax Initiative
• Richemont Paid $380M For NYC Retail Condo, Docs Show
• TransCanada Defends Seizure Of Private Land For XL Pipeline
• US Bank, Hilton Settle Suit Over MBS-Tied Franchise Deal
• Sandy Flooding Puts $87B Of Residential RE At Risk: Report
• Discovery Halted In FDIC's Morgan Stanley RMBS Suit
• Travelers Units Can't Beat $6M Condo Damage Contribution Suit
• Hartford Says It Owes No Tax Fraud Defense To Law Firm
• Suit Says $200M Iberdrola Wind Farm Hurts Home Prices, Health
• Wells Fargo, PNC Object To ResCap Business, Loan Sales
• Developer's RICO Suit Over Failed $23M Real Estate Deal Axed
• Nationstar Mortgage Dodges Truth-In-Lending Class Action
• Calif. Rejects $30M Settlement Over New 49ers Stadium
• Ala. City Beats Landowners' $1.8M Runoff Contamination Suit
• Builder Hit With $8M Award Says Insurers Snubbed $1M Offer
• CAFA Provides Wide Removal Power, NAM Tells High Court
• Insurers Face Higher Capital Requirements For MBS
• Lenders Rip Chicago Developer's Ch. 11 Plan, $195M Sale
• SG's View On FHA Disparate Impact Claims Sought By Justices
• ResCap MBS Plaintiffs Want Docs Protected Following Sales
• Bankruptcy Judge Rejects American West's Ch. 11 Plan
• Goldman Pushes Supreme Court To Narrow MBS Class Standing
• BofA Says Allegedly Excess Insurance Policies Were Proper
• $3.8B Meadowlands Project Gets Key Environmental Approval
• Vornado Gets $186M For 4 East Coast Properties
• Mass. High Court Favors Fannie Mae In Home Seizure Case
• NY Lawmaker Wants Stiff Penalties For Organized Cybercrime
• Suit Alleging Hotel Tax Evasion Declined By Texas High Court
• Spotlight On ADR In Construction Contracts
• Mortgage Originator WMC Sued Over $1B In Shoddy Loans
• Dodd-Frank May Survive Romney, But Not In One Piece
• Flagstar Docs Back Up Borrower's Job Claim In $1B MBS Suit
• Work On NY FreshDirect Warehouse Stayed Until Feb.
• Dewey, Fifth Third Trade Shots Over Office Furniture Sale
• Obermayer Beats Contribution Claim In Philly Courthouse Row
• Jones Day Guides Meyer Bergman In $419M UK Mall Purchase
• Miami Beach Hotel Can't Oust Manager Marriott As Suits Loom
• HGI Shells Out $107M For DC Office Tower From Greenebaum
• Pa. Gov. Signs Legislation To Salvage Distressed Properties
• T-Mobile Sues Philly Landlord Over Rooftop Lease
• Benefits Of Conn.'s Ambitious Energy Strategy
• Berkshire Lays Down $1.5B For ResCap Loan Portfolio
• Islanders' Move To Brooklyn May Be A Tough Skate
• Sidley Austin Named In $100M Vegas Project Contract Suit
• BofA Employees Could Be Pulled Into $1B Mortgage Fraud Suit
• Flagstar's Experts Blast Assured Witness In $1B MBS Suit
• Rushed Volcker Rule Could Mean Compliance Chaos, Attys Say
• SL Green To Pull In $72M For Stake In Midtown Office Tower
• 2 Fraudsters Get Prison For Ex-Cowboy's Mortgage Scam
• Domino Project's Affordable Housing Claims Empty, Atty Says
• Lewis Brisbois Lands Former Calif. Enviro Watchdog Chief
• NYC Committee OKs Chelsea Market Upzoning
• Renters Settle Class Action Over Outdated Credit Reports
• CitiMortgage Wins $1M From Allied Over Defective Loans
• UK Regulator Increases Protections For Mortgage Borrowers
• ACC Closes In On $863M Deal For 19 Student Housing Sites
• Lexington Calls $35M Piping Coverage Suit Untimely
• Redevelopment: Rising From Ashes Or Final Death Rattle?
• Banks Drop Countrywide Suits Over More than $2B In RMBS
• Plan For Proposed $700M Philly Casino Takes Shape
• Hedge Fund Seeks $78M From Citigroup Over CDO Losses
• FDIC Can't Score JPMorgan Docs In $10B Deutsche Bank Suit
• FHFA, OCC's Guidelines Don't Harm Loan Programs: 2nd Circ.
• $1B BofA Mortgage Suit May Usher Broad Crackdown On Banks
• Union Sues To Block $490M Seattle Arena Near Ports
• Troubled NJ Foreclosure Program Is On Track, Official Says
• Related Cos. Scores $400M Financing For Hudson Yards Tower
• Ocwen's $3B Bid For ResCap Servicing Biz Tops Nationstar
• $150M Casino Loan Investors Say Suit Has Enough Support
• Insurer Asks Supreme Court To Stop 'End Run' Around CAFA
• Covington Inks 20-Year Lease For New DC Office
• New Commercial Litigation Firm Godwin Tauler Opens In LA
• Austin Panel Gives Thumbs-Down To $90M Boutique Hotel
• Hersha REIT To Pay $74M For Hilton-Flagged NYC Hotel
• NYC Cracks Down On Short-Stay Apartment Rentals
• AstraZeneca Affiliate Running Factory Cleanup Enters Ch. 11
• RBS Pays $42M To End Subprime Mortgage Abuse Probe
• Vornado Joins $475M Times Square Retail Project
• Feds Sue BofA Over Alleged $1B Mortgage Fraud
• Article 9 Foreclosure Sales: A Win-Win In Calif.
• Housing Group Broadens BofA Discrimination Claims
• Flagstar Expert Rebuts Insurer's Claims In $1B MBS Row
• Assurant To Drastically Cut Force-Placed Rates In Calif.
• NYC Landlords Stuck In Rent Stabilization Program, Court Rules
• Lehman Unit Seeks Coverage In $15M SunCal Bankruptcy Fight
• LA Council Blocks Ban On Big Retail Projects In Chinatown
• How They Won It: Greenberg Sticks It To Chinese Drywall Co.
• Judge Says No Dice To ResCap Homeowners Committee
• Steel Supplier Settles Feud Over $6M WTC Antenna 'Ransom'
• Nondischargeable Debts: Some Lies Matter More Than Others
• OneWest Bank Can't Shake HAMP Loan Class Action
• 5th Circ. Blocks Arbitration In Developer's $75M Loan Row
• In Search Of A (Steve) Jobs Bill
• Fannie Mae Can't Kick Workers' Suit Over Dwindled Stock Plans
• $4B Miami Casino Project Stalled By Site's Historic Status App
• Judge In $1B MBS Contract Row Presses Flagstar Exec On Loans
• Washington Tops Best US Cities For Law Firms, Report Says
• Rep. Says JPMorgan Shouldn't Pay For Bear Stearns MBS Fraud
• Developer Eyes Ch. 11 Exit With $195M Chicago Property Sale
• Sealing The Deal: Willkie Serves Up $3.2B Sunrise Megadeal
• REIT Accuses Former VP Of Business Defamation
• Wells Fargo Can't Nix Bondholder Suit Over Lender's Default
• Starwood Pays $735M To Pick Up InTown Suites From Kimco
• Biz Groups Target SEC's Conflict Minerals Rule In DC Circ.
• Cabot Ducks Landowners' Suit Over Unpaid Gas Lease Bonus
• Colliers Sank Property Value By $1.75M, Owner Claims
• Demilec, Masco Liable For Toxic Insulation, Homeowners Say
• FDIC Wants $900M Suit Over Guaranty MBS In State Court
• 6th Circ. Reverses Ruling On Condo Fair Debt Practices
• TransCanada Appeals Keystone Land-Access Ruling In Texas
• Macerich To Pay Alexander's, Vornado $1.25B For NYC Malls
• Grand Canyon Developer Slams Tribe's New Reg At 9th Circ.
• Legal Industry Trends: Lawyer Salaries And Job Growth
• FINRA Fines David Lerner Associates $14M Over REIT, Bonds
• Bankruptcy Trustee's Avoidance Rights Are Nearly Limitless
• Calif. City Improperly Approved Housing Project, Court Says
• Goldman Can't Escape Hedge Fund's $1B Suit Over CDO Sales
• SEC Counts 1,500 Fund Advisers Registered Under Dodd-Frank
• Pa. Lawmakers OK Banking Bills In Wake Of Dodd-Frank
• Top NY Court Rules Credit Unions Must Pay Mortgage Tax
• Law Firms Capture Lease Deals On Downtown DC's Periphery
• USC Denied Rent Injunction In Suit Over Building's Permits
• AIG Urges 2nd Circ. To Remand $10B BofA RMBS Suit
• Judge Won't Rethink Docs Decision In $134M Md. Land Deal
• San Fran Transbay High-Rise Project Secures Key Approvals
• Massive LA Development Halted Over Environmental Concerns
• Georgia Counties Sue HSBC Over Mortgage Practices
• Glaser Weil Nabs Munger Tolles LA Real Estate Powerhouse
• Philly Developer Charged In $13M Bank Fraud Scheme
• Investors Sue Developer Over Botched $101M NYC Project
• Pa. Township To Lose Impact Fees For Violating Fracking Law
• FSA Fines Bank Of Scotland $6.7M For Faulty Mortgage Records
• A View From Inside The Litigation Finance Market
• NY High Court Boots Town's Suit Over Zoning Bias Probe
• Taconic Drops $110M On Manhattan Office Building
• LA County Assessor Denies Tax Fraud Charges
• Calif. Court Sides With Investor In Condo Voting Rights Fray
• Barclays Investors Ask 2nd Circ. To Revive MBS Suit
• Feds' Capital Rules Could Strangle Mortgage Market
• Pa. High Court's Gas Rights Ruling Could Alter Land Deals
• Enbridge Wins New Trial In Texas Pipeline Property Fight
• Shearman Aids Indian Hotels Co. On $1.4B Bermuda Hotel Bid
• Insurance Settlements Not Proof Of Loss, La. High Court Says
• Homebuilder Redrow Abandons PE Takeover Talks
• ResCap Judge OKs 2nd Try At Employee Incentive Plan
• No-Fee, No-Point Mortgages Not Viable, Bank Group Says
• MSR Creditor Seeks New Sale In Light Of Anti-Competition Pact
• Espacio's Revised $412M Project Lands Miami Panel's OK
• MGM's $2.5B Macau Land Deal Passes Final Gov't Hurdle
• Consider A Receiver For Your Restructuring And Turnaround
• Fannie, Freddie Need Mortgage Recovery Oversight, OIG Says
• Alleged Loan Fallacies Reviewed In Flagstar $1B MBS Suit
• LA Real Estate Assessor Arrested In Tax Fraud Scheme
• Alleged 'Rebecca' Fraudster To Be Held Without Bail
• Auction Crier Says Feds Owe More Info On Bid-Rigging Trial
• Spending For Securities Counsel Will Grow In 2013, GCs Say
• Countrywide, Thrift Bank Fire Off $400M Loan Pool Suits
• Ex-Owner Has No Mining Rights For Pa. 9/11 Site, Judge Says
• EU Seeks To Limit Food-Based Biofuels
• Ex-Crowell Atty Gets Up To 12 Years For $10M Theft
• Miami Aims To Spur Projects With Proposed Land Use Category
• Pa. Supreme Court Takes On Foreclosure Notice Case
• Texas Landowners Contest Keystone Pipeline Construction
• Dodger Pitcher Says Pipeline Threatens Ocelots On His Ranch
• Preserving Eminent Domain In Texas: Deadline Approaching
• NY Appeals Panel Revives Developer's Suit Over $10M Loan
• Paul Weiss Guides HCP In $1.7B Senior Housing Portfolio Deal
• SEC Floats Dodd-Frank Capital Rules For $650T Swaps Market
• Ex-Fannie Mae CFO Out Of MDL Over $6.3B Accounting Error
• OneWest, Soros Accused Of Mortgage Scam In FCA Suit
• Starwood Injects $475M Behind JV's Times Square Project
• NJ Court Clears Up Damages For Nixed Eminent Domain Cases
• $1.5B Hyatt Redevelopment Plan Sails Through LA Panel
• Pa. Court Upholds $2.3M Toll Bros. Award In Fraud Case
• Rakoff Grills Expert Witness In $1B MBS Flagstar Trial
• Wells Fargo Told To Pay For Doc Production In Kickback Suits
• AEG Can't Defend $1.5B Stadium Project In Enviro Law Suit
• Stuy Town Tenants Seek Bondholder Help In Speeding Sale
• FHFA Denied Quick Discovery Of ResCap Docs In MBS Row
• US Bank Can't Block Sale Of 42 Hotels Backing $165M Loan
• Making It Harder To Obtain Damages Under NJ Spill Act
• Marriott Sues Hotel Owner In NY Over Management Agreement
• Security National Units Seek Ch. 11 Vote With New Disclosure
• Mintz Levin Adds New Office Head, Class Action Atty In SF
• Developer Gets 14 Years For Fraud Tied To Va. Bank's Failure
• Flagstar Atty Grills Witness On Loan Review In $1B MBS Trial
• WTC Antenna Being Held For $6M 'Ransom': Port Authority
• BofA, Others Face Suit Over Libor-Tied Mortgage Plot
• Tribe Members Say They Were Shut Out Of $290M Dam Trust
• State Farm Blasts Class Cert. Bid In Depreciation Case
• Sham Financing For 'Rebecca' On Broadway Lands Man In Cuffs
• ACLU Says Morgan Stanley Pushed Risky Mortgages On Blacks
• Broker Says Bluestone, Princeton Owe $6.5M For Work On JV
• Developer Of Failed Wayne Newton Museum Files Ch. 11
• Weingarten Realty's $75M Loan Fight Sent To Arbitration
• Merrill Investor Pushes 2nd Circ. To Reopen BofA Suit
• Witness In $1B MBS Trial Calls Flagstar Underwriting Spotty
• Thor's Chicago Hilton Lands $365M Refinancing Package
• OMERS Proposes $3B Casino Project For Toronto
• Blogger Asks 9th Circ. To Void Obsidian's $2.5M Verdict
• Judge Blocks More Discovery In $8.5B BofA Deal For Now
• Fannie, Freddie Fire Back At Fla. County's Excise Tax Suit
• Dimon Says JPMorgan Could Face FHA Insurance Suit
• San Diego Port OKs $115M Lane Field Hotel Project
• Calif. Court Renews ARM Suit Against Countrywide, AmNet
• Consulting Firm Sues UPenn RE Expert Over Billing Practices
• Israeli RE Investor Picks Up Stake In $66M Philly Office Tower
• Wells Fargo Stripped Of Award In Pollution Tax Break Appeal
• Shorenstein Eyes $207M Deal For Minneapolis Office Tower
• Texas Firm Bellinger Sued Over Debt-For-Condo-Sales Deal
• Flagstar Atty's Questions Clipped From $1B MBS Trial
• Carlyle Keeps $10M MBS Fund Fight With Kuwait Co. In Del.
• Lehman Art House Owner Files $49M Suit Over Botched Repairs
• 9th Circ. Revives Enviro Challenge To Nev. Housing Project
• MGRA Can't Duck SEC Suit Over Alleged Detroit Mayor Bribes
• NYC Council OKs Lower East Side Mixed-Use Project Plan
• NY Dorm Authority Sued Over $40.5M Project Delays
• Pa. Judiciary Denied Win In Suit Over Atty's RE Project Roles
• Challenge To Bank's Foreclosure Standing Nixed Over Delay
• Steve Wynn Can't Escape Macau Casino Deal Bribery Suit
• Dodd-Frank Foes View SEC Strife As Courtroom Ammo
• Brooklyn Board OKs Lightstone To Lead 700-Unit Development
• PNC Hits Insurer With Suit Over Subprime Loan Claims
• $807M Proposal Ups Stakes For Limited Mass. Casino Licenses
• Consumer Groups Call CFPB Mortgage Rules Inadequate
• Chesapeake Settles Fracking Row With Pa. Landowners
• Mass. Appeals Court OKs $450M Boston Mixed-Use Complex
• FTC Inks Equifax Deal As Pressure Mounts On Data Brokers
• Fortress Affiliate Sued Over $250M Loan Portfolio Foreclosure
• Excel Trust Spends $263M To Pick Up 6 Shopping Centers
• Ex-Fannie Mae CEO's Fraud Trial Gets 2015 Start Date
• CFPB Agenda Vulnerable To Election Year Shake-Up
• SEC's $180M Disgorgement Bid For Ex-Sunwest CEO Fails
• Domino Can Proceed On $180M Factory Sale To Two Trees
• Class Definition Tightened In Wells Fargo Loan Deception Suit
• Granite Properties Brings In $155M For Houston Tower Pair
• CalPERS Pursuing $500M Deal For GM's Ill. Mall Stake
• IndyMac Execs Can't Beat Most FDIC Bad Loan Claims
• Fla. City Beats Challenge Over Development Plan Law
• Cushman Says Bank Plotted To Shirk Real Estate Commissions
• Trial On ResCap's $9B RMBS Deal Pushed To January
• Blackstone Closes Record $13.3B RE Opportunity Fund
• Banks Urge CFPB To Dial Back Mortgage Servicing Rules
• NYC Expands Online Permitting Process For New Construction
• Syncora Sues JPMorgan, Others Over Soured MBS Deal
• Houston Suburb Sues State Over Highway Expansion Land Grab
• NY Appeals Court Affirms Donerail's Win In $178M RE Row
• Sunnyslope Bankruptcy Case: Bad News For Secured Lenders
• US Hits Wells Fargo With FHA Mortgage Insurance Fraud Claims
• Final Stress Test Rules Ease Demands On Smaller Banks
• Great Eagle To Pay $229M For Setai 5th Ave. Hotel
• Pa. Hospital, Tenant Settle To Get $110M Expansion On Track
• Clarion Spends $80M For Beverly Hills Office Building
• Developer Seeks Coverage For $200M In Hailstorm Damage
• HSBC Says Mortgage Reinsurance Kickback Suit Is Too Late
• Mack-Cali Pays $135M For Roseland's Multifamily Assets
• Developer Stuck CIBC With $39M In Defaulted Loans, Suit Says
• GOP Urges Geithner To Clarify Looming Dodd-Frank Rules
• Amazon Drops $1.16B On 11-Building Seattle Office Complex
• Ex-El Paso Mayor Sues To Halt $50M Sports Stadium
• High Court Takes Up FCC Jurisdiction Over Zoning
• High Court To Weigh Payments For Land Permit Denials
• Countrywide Says FDIC's $250M MBS Suit Is Untimely
• Fowler White Nabs New Land Use Shareholder
• Grubb & Ellis Faces $30M Suit Over Office RE Scheme
• 7 Tips For A Smooth Headquarters Move
• Ill. Political Insider Gets 1 Year In Shakedown Conspiracy
• K&L Gates Adds Ex-Freshfields Finance Atty In Dubai
• DOJ, Schneiderman Target Credit Suisse Over MBS: Report
• Texas Landowners Seek To Block Keystone's Eminent Domain
• Odds Even In Feud Over Philly Casino Expansion, Judge Says
• FHFA Unveils Ideas For New Mortgage Infrastructure
• Kilroy Picks Up 2 More Hollywood Properties For $138M
• Developer Pays $7M To Settle Suit Over Trump Mexico Resort
• FDIC Sues 2 Title Insurers Over $7.7M WaMu Fraud
• $1B Ancestral Mineral Rights Claim Blocked By Texas Court
• Calif. Firm Can Pursue Fees From Ex-Partners, Court Says
• NM Court Sides With Shell In Polluted Neighborhood's Appeal
• BofA's $20M Mortgage Deal Blocked Over Inflated Attys' Fees
• Acadia Sues Homebuilder DR Horton Over Coverage Terms
• Will Dodd-Frank End Up In Supreme Court?
• Newark Hotel Owner Moves To Buck $12M Contract Suit
• BofA Sells 12-Building NJ Office Complex
• Wells Fargo Beats Class Action Over Boosted Mortgage Rates
• Coney Island High-Rise Dodges $21M Transfer Tax On Appeal
• Obama, Romney Clash Over Tax Plans, Deficit In 1st Debate
• FDIC Asks DC Circ. To Kill MBIA's IndyMac Suit Revival Bid
• Investor Group Grabs Troubled $280M Calif. Mall
• Even After Mortgage Deal, Dual Tracking Continues, Report Says
• Chevron Sues Calif. County Over Refinery's Property Taxes
• FDIC Wants $10M From WaMu's Title Insurer For Loan Fraud
• Sprint, Qwest Pay $6.6M To Settle Landowners' Cable Suits
• Mortgage Seizure Plans: The Fight Continues
• Bad Loans Backed $277M Mortgage Notes Sale, Insurer Says
• Ocwen To Pay $750M To Acquire Mortgage Co. From WL Ross
• Ex-Crowell Atty Admits To Stealing $10M From Clients
• FGIC Claims Putnam Misrepresented Failed $900M CDO
• JPMorgan Fraud Suit Raises Stakes For Top NY Prosecutor
• Okada Loses Bid To Regain Control Of Wynn Shares
• MPG Auctions LA Office Towers Backing $470M Defaulted Loan
• Final 2 Ex-Krahl Employees Plead Guilty In Billing Fraud Case
• NY's Martin Act May Be Key To Federal MBS Crackdown
• Carmel Closes 4th Real Estate Fund With $820M In Assets
• MG Properties Pays $92M To Bolster Residential Folder
• Bank Says Wachovia Misstated Value Of $1.5B RE-Backed CDO
• FDIC Must Pursue Countrywide MBS Claims In MDL
• Travelers Sues To Avoid Bond Claims On Mo. Projects
• When You Cannot Get Default Interest By Default
• Morgan Stanley Unit Hit With $110M Suit Over RMBS
• Wyndham Says Rival Plotted Time Share Bait-And-Switch
• Chicago Condo Buyers Can't Rescind Purchase Pacts
• NY Attorney General Targets JPMorgan Over RMBS Losses
• Ex-IndyMac CEO Settles Final Securities Claim With SEC
• Texas Awards $1B Contract For Houston Beltway Expansion
• $899M Miami Hotel Suit Belongs In Fla., NY Judge Says
• Gardere Picks Up Tax Specialist From Locke Lord
• JC Flowers Injects $105M Into New UK Mortgage Lender
• 2nd Circ. Won't Let UBS Stay FHFA's $6B Suit Over RMBS
• SL Green's $173M Office Buy Expands Midtown South Presence
• McDermott Moves Into Revamped DC Office On Capitol Hill
• Mortgage Servicers Lose Bid To Pare Texas Records Fee Suit
• Judge Botched $90M Philly Zoning Decision, 3rd Circ. Told
• Sprint, Qwest To Spend $8M To End Landowners' Cable Suit
• UBS Can't Shake Investor Group's MBS Suit
• Ballard Spahr Adds Real Estate Partner From Womble Carlyle
• NJ Housing Official Gets 30 Months For Campaign Cash Fraud
• Pa. High Court Wants $18M Mall Lease Award Re-Evaluated
• BofA Wants $1.75B Countrywide Loan Trust Suit Scrapped
• NY Judge Trims $19M Jury Award In Carpenter's Asbestos Suit