Real Estate Archive » December, 2012

Real Estate - December, 2012

240 articles

• Title Co., Brokers Take $16.5M Hit In Real Estate Fraud
• Prudential Suit Over $523M In JPMorgan RMBS Returned To NJ
• Owner Of $50M Texas Resort Files For Bankruptcy
• Ski Co.'s $220M Suit Over Botched Resort Deal Tossed
• Apperson Aids MCR Development's Md. Hotel Portfolio Buy
• Contract Decides Time Bar On Mechanics' Liens: Pa. Court
• Bills' Vow To Stay In Buffalo Tied To $130M Stadium Fixes
• Westcore, DRA Pay $600M For Industrial RE Portfolio
• Ex-NJ Township Housing Director Cops To Extortion Scheme
• $2B NYC Cornell Tech Campus Gets Community Board OK
• NYC Planning Board OKs 'Pyramid Building' On West 57th
• Amazon Closes $1.37B Land Deals For Seattle Offices
• AECOM Leases 3 Floors For Downtown NYC Office Post-Sandy
• $125M Starwood Fraud Suit Belongs In Mexico, 7th Circ. Says
• Aurora Loses Bid To Toss Calif. Mortgage Class Action
• Condo Buyers Can't Use ILSA To Void Purchase, 2nd Circ. Says
• 2nd Circ. Won't Revive Lehman Securities Fraud Suit
• House GOP's Sequestration Bill Slashes At Dodd-Frank Reforms
• Golub Earns Early Nod On $111M Chicago Apt. Tower Project
• PE Firm Sells Office Tower In Houston Energy Corridor
• Norway, Prologis Launch $3B Industrial Property Fund
• El Paso Can't Duck Takings Suit Over Flood
• 11th Circ. Says FDCPA Exempts Property Co.'s Water Shutoff
• S&P Investor Suit Over MBS Ratings Killed By 2nd Circ.
• ResCap Wins More Time To File Ch. 11 Plan
• Taubman Pays $437M For Stakes In Luxury Fla. Mall
• Feds Nab 11th Plea In NJ Tax Lien Bid-Rigging Dragnet
• Expect Increased Whistleblower Cases In 2013
• Beware Discovery In 3rd-Party Litigation Funding
• Trump Developers Say Condo Fraud Claims Filed Too Late
• Proposed Flood-Proofing Regs Could Dampen NY Development
• Landowners Challenge Eminent Domain In TransCanada Appeal
• Blank Rome, Cozen Sued Over Failed $27M Development Deal
• Terranova, Acadia Pay $139M For Miami Beach Shops
• Developer Plans $100M Remodel For Dallas Office Tower
• NJ Suburban Office Stock Must Adapt Post-Boom, Report Says
• Blumenfeld Wins $100M Brooklyn Navy Yard Development Bid
• Goodwin Procter Will Anchor New Boston Office Tower
• KRC Inks Deals For $315M LinkedIn HQ, Salesforce High-Rise
• Holland Boosts Miami RE Arm With Ex-Broad And Cassel Team
• NJ Court Clarifies Inquiry Duties For Construction Liens
• Trump-Led Investors Plan $2.5B Office Complex In Rio
• Taylor Bean Trust, US Agree On $18.6M Claim In Debt Dispute
• How To Protect Your Business From Natural Disaster
• Calif. Property Owners Lose Ground — And 'Goodwill'
• Fund's MBS Fraud Claims Time-Barred, Countrywide Says
• LA Clippers Owner Must Pay Tenant $17M Over Building Fire
• NYC Council Proposes New Regulations For Storm Readiness
• UPenn Economist, Consulting Firm Reach Deal In Contract Row
• FHA To Boost Underwriting Standards To Stem Losses
• Anheuser-Busch Unit Sues Insurer Over Resort Mold Damage
• Friedland Snags BNY Mellon NYC Office In $142M Deal
• Steelers Sue Stadium Authority For Share Of $39M Expansion
• Developer Counters Ex-Bryan Cave Atty's Joint Venture Suit
• Relators Ask 9th Circ. To Salvage Fannie, Freddie FCA Suit
• Basel Seeks Stiffer Capital Rules For Asset-Backed Securities
• Investcorp Pays $100M For 5 Texas Multifamily Properties
• Aladdin, Ex-CFO Settle SEC Actions Over Co-Investing Claims
• 5th Circ. Upholds 7-Year Sentence In Dallas Bribery Scheme
• Texas Bill Floats New Mortgage Servicer Disclosure Rules
• Home Builders Sue FWS Over Endangered Species Listing Rules
• WaMu Units Escape From Insurers' MBS Fraud Suit
• DZ Bank Targets BofA For $546M In MBS Campaign
• FHFA Sues RBS Predecessor Over Securities Buyback Deal
• Princeton Int'l Inks $100M Deal For Bryant Park Office
• CFTC Mandates Audio Logs Of Swaps Transactions
• Brooklyn Bridge Park Seeks Developer For Residential Project
• Aspen Claims No Duty In $40M Corrupt Mortgage Class Action
• Credit Union Board Backs ResCap's Request For Mediator
• Aragon Blends Funds For $100M Apartment Buy
• NCUA Hits JPMorgan With Suit Over $3.6B In Failed RMBS
• NJ Appeals Court Backs TD Bank In $5.9M Loan Dispute
• 'Fair And Equitable' Means More Than Amortization Schedule
• Gas Interests Back Cabot In 3rd Circ. Pa. Lease Challenge
• American Realty Capital Trusts To Merge In $2.2B Deal
• Calif. Court Brings Architects Back Into Condo Defect Case
• Texas High Court To Review Rancher's Fight With XTO
• $12M Deal Frees Ex-IndyMac CEO From FDIC Mortgage Suit
• Coney Island Boardwalk Facelift Exempt From Enviro Review
• HSBC Won't Face $265M Suit Over Flatotel Fraud
• NYU Faculty Plans No-Confidence Vote Over Expansion Plan
• Pa. Appeals Court Gives Thumbs Up To 700-Acre Development
• Paul Hastings Guides GI Partners On Data Center Purchase
• Real Estate MVP: Kirkland's Jonathan Schechter
• Judge Guts Counties' Filing Fee Suit Against Merscorp, BofA
• Elco Ponies Up $100M For 4 Fla. Apartment Complexes
• Real Estate MVP: Weil Gotshal's J. Philip Rosen
• MetLife, Investor Pay $730M For Constitution Center
• Houston Gives Early Nod To $324M Marriott Hotel Project
• NJ Lawyer Admits To Embezzling From Firm, Clients
• Cirque Du Soleil, Tishman JVs To Vie For Miami Beach Project
• MBIA Ignored Risks Of $22B In MBS, Countrywide Atty Says
• MSR Resort's Disclosure Statement Gets Green Light
• Wynn's Lease Plan Ups Odds Of Mass. Casino License Bid
• TransCanada Beats Order Halting Keystone Work In Texas
• Best Buy, DDR Settle Insurance Dispute Over Mall Leases
• NY Studios Sues Steiner Over Navy Yard Financing Deal
• Certain Funds Can Get Relief From CFTC Registration
• A Fresh Look At Diversity In ADR
• US Bancorp Can't Dodge Insurer's MBS Suit
• Investors Admit To Foreclosure Auction Bid-Rigging Scheme
• Citi Concealed $65B In Losses During Housing Collapse: Suit
• Ex-Hotel Owner Pleads Guilty In $500M Fraud Case
• Confusion Mounts Over NY Rent Rules In Stuy Town Fallout
• Apple, Bulgari Store Owners Lose Eminent Domain Stay Bid
• Countrywide MBS Breaches 'Incontestable,' MBIA Atty Says
• Contractor Loses $1.5M FCCI Steel Railing Coverage Fight
• Herrick Feinstein Snags Real Estate Vet In New York
• Malaysian Tycoon Puts Up $1B To Take Guoco Group Private
• Ambac, MBIA Seek Jury Trials In Credit Suisse Fraud Suits
• Primaris REIT Says $4.4B KingSett Buyout Bid Falls Short
• Real Estate MVP: Fried Frank's Stephen Lefkowitz
• NY Court Nixes Dakota's Bid To Dismiss Claims In Bias Suit
• DC Landlord Can't Drop Shakespeare Theatre Co., Judge Says
• Lenders Cut Red Tape For Sandy Insurance Payments
• NY High Court Denies Appeal Over $150M Casino Loan Buy
• Germany Brings In $1.4B For Commercial Real Estate Firm TLG
• Ill. Developers, Check Your IWOH Claim Risk
• Open Season On Rating Agencies?
• TransCanada Must Halt Keystone Work On Texan's Land
• Kirkland's Palo Alto Team Moves Into New Office
• 2nd Circ. Says Interstate Must Defend Welding Co.
• KDC Gets Nod For $1.5B Mixed-Use Project Outside Dallas
• Real Estate Mogul Asks 2nd Circ. To Revive Citi Fraud Suit
• Carlyle, Extell Lose Bid To Quash $16M Condo Refund Order
• MSR Ch. 11 Plan Incorporates $1.5B Sale To Sovereign Fund
• Dutch Fund's Suit Over $565M In Credit Suisse MBS Survives
• LA Council Greenlights $1.1B USC Expansion Plans
• Neighbor's Construction Damaged NYU Dorm, Suit Says
• GSA Awards $318M Contract For LA Federal Court Project
• Inside NY's Departure From In Re Loop
• Genting Wins Landmark Fight For Planned $3.8B Miami Resort
• JPMorgan Exec Sued Over Damage To Luxury Sublet
• Texas AG Says Austin's Building Permits Limit Likely Void
• Real Estate MVP: Jones Day's Steven Koppel
• Governors Island Seeks Proposals For Massive Redevelopment
• How To Maximize RE Assets In Post-Redevelopment Calif.
• BankAtlantic Can't Shake Accounting Claims In Fraud Suit
• Major Orlando Biz Center Project Wins County Approval
• Feuding RE Partners Must Pay Out Profits, Judge Rules
• FDIC's $1.5B MBS Lawsuit Must Stay In Federal Court
• US, UK Plan For Failed Banks May Not Curb Regulator Fights
• Va. Office Park Secures $212M Financing From SunTrust, HSBC
• Real Estate MVP: Akerman's Neisen Kasdin
• Honua Loses Bid To Block Bizzi's $230M NYC Condo Sale
• Cabot Asks 3rd Circ. To Take Up Pa. Fracking Lease Rights
• Calif. RE Investor Laurus Snaps Up Sofitel Miami Hotel
• FDIC Notches $169M Judgment Against 3 Ex-IndyMac Execs
• First American Refi Rate Class Decertified Under Dukes
• Banks Pay $11.5M To Settle Risky Mortgage Bond Class Action
• Fannie, Freddie Pay Needs More Scrutiny, Says Watchdog
• SEC Says Ex-Morgan Keegan Directors Shirked MBS Valuations
• A Properly Recorded Lis Pendens Can Prevent A SLAPP Suit
• Equant Says It's Not Liable For $108M In Back Rent
• Dreier Trustee Settles With Owner Of Founder's Apartment
• Fund Not Liable For $100M RE Project Guarantee, Court Says
• Insurer Says Chinese Drywall Coverage Row Belongs in Fla.
• PokerStars In Talks to Buy Atlantic City Casino
• BofA, US Bancorp Can't Shake Fund's Suit Over WaMu MBS
• Covington & Burling Nabs Regulatory Pro From CFTC
• NJ Panel Greenlights KRE's Trio Of Towers In Commuter Hub
• ResCap Seeks More Time To File Ch. 11 Plan
• Goldman, CIFG Head To Mediation In $275M MBS Fight
• Real Estate MVP: Kramer Levin's Jonathan Canter
• BofA Ducks Insurers' MBS Fraud Suit But Countrywide On Hook
• Developers Must Pay For Atlantic Yards Litigation, Groups Say
• Toll Brothers Execs Pay $16M To End Suit Over Stock Sales
• CFPB's Reach Extends To 'Larger Participants' And Beyond
• $1B Wolf Point Project Won't Get Chicago's OK In 2012
• Sandy's Environmental Impacts: Cleanup Has Just Begun
• Austin Votes To Ease Parking-Space Minimums For Businesses
• US Bank Claims Dibs On Extended Stay's $100M Guaranty
• Real Estate Deals Pile Up As 'Fiscal Cliff' Looms Near
• Banks Lose Bid To Stay Bear Stearns Mortgage Class Action
• FDIC Gets $900M Guaranty MBS Suit Sent Back To State Court
• Austin Rejects 3-Month Delay For $90M Hotel Project Vote
• Trenton Mayor Indicted In Alleged Extortion Scheme
• Sovereign Fund's Uncontested $1.5B Bid Lands It MSR Assets
• Blackstone Prepping Asian Real Estate Investment Fund
• DOL's Loan Officer Status Change Violates APA, DC Circ. Told
• Cole RE Investments Pays $124M For Brooklyn Retail Center
• JPMorgan Seeks Dismissal Of Syncora, Assured Cases
• KBS Adds To Houston Holdings With Office Tower Buy
• GOP Sens. Attack HUD Response To FHA Reserve Shortfall
• CIBC Win In Leasing Suit Still Stands, Judge Rules
• Dorsey Bolsters NY Corporate Team With Ex-K&L Gates PE Ace
• Loblaw To Form $7B Shopping Center REIT
• Sovereign Immunity Analysis In Subscription Credit Facilities
• Google Looking For More Space At Chelsea Market
• Citi Unit Says Developer Owes $43M In Jet Loan Payments
• Ocwen Must Appoint Monitor To Oversee Mortgage Servicing
• Calif. Ruling Reveals High Bar For RESPA Class Actions
• TransCanada Eminent Domain Cases May Prompt Policy Reform
• Hotel Demolition Stopped In Builder's Suit Against MGM
• Developer Wants $10M Verdict In Mexico Hotel Dispute Tossed
• Invesco Scoops Up NYC's Madison Belvedere Rental Tower
• Oyster Farm Sues DOI For Rejecting Lease Renewal
• Insurer Claims Goldman Misrepresented Failed $325M CDO
• 4-Year Review Not Enough To Set All Rents, NY Court Finds
• Consol Bids $44M To Frack At Pittsburgh Airports
• Judge Won't Find $1.5B Bid For MSR Was In Good Faith Yet
• Highwoods Properties Drops $99M On Pittsburgh's EQT Plaza
• Credit Suisse Can't Ditch FHFA's Securities Loss Claims
• Kasowitz, Vladeck Allowed To Leave Dakota Bias Suit
• $1.2M Truce Proposed Over Farer Fersko Bankruptcy Claims
• KingSett-Led Group Puts Up $4.4B For Shopping Mall REIT
• 5 Tips To Avoid Going Bust In The Student Housing Boom
• MTA Ordered To Pay $4.37M More For Railroad Property
• Maxine Waters Tapped To Lead Dems On House Financial Panel
• Parkway Properties To Pay $125M For Houston's Phoenix Tower
• Residents Sue Developer Over $600M NJ Condo Community
• Pa. Judiciary Announces $4M Settlement In Courthouse Row
• Market Crash Doesn't Cut $40M Award In RE Row: Md. Court
• BofA Says It Warned German Bank Of Risk In $56M RMBS Buy
• Property Group Partners Buys Air Rights For $1B DC Complex
• Only NY Agency Can Settle Rent Hike Suits, Atty Says
• BofA Sues Wells Fargo Over Home Loan Buyback Demand
• FHFA Expert Loan Sampling Method In RMBS Suits Gets OK'd
• Shakespeare Theatre Co.'s Suit Against DC Landlord OK'd
• Cushman Sued Over Handling Of Citadel Office Expansion
• Airlines Denied Win In Lessee's Suit Over 9/11 Destruction
• The Mediation Advocate's Bill of Rights
• BofA Dodges Merrill Investors' MBS Actions In 2nd. Circ.
• The Latest UDAAP Battleground: Mortgage Advertising
• Lennar Must Turn Over Withheld Docs In Axed $134M Land Buy
• RE Moguls Sue UK Fraud Office Over Icelandic Bank Sting
• SL Green Pays $218M For Loan On NYC Office Building
• Ex-Freddie Mac GC, SNR Denton Atty Joins Greenberg Traurig
• GCs Name Most Arrogant Law Firms
• Co-Op To Sue NYC For 'Wasteful' $20M Asbestos Cleanup
• Loews Grabs DC's Madison Hotel As Part Of Growth Plan
• Taconic, Thor Land $60M Loan For Speculative NYC Project
• Pittsburgh Utility Can't Shake Suit Over $400M Redevelopment
• High Court Asks US To Weigh In On Ch. 7 Surcharge Question
• Strict Risk Retention Rule Imperils Recovery, Biz Group Says
• Wells Fargo Execs, Investors Settle 2 Wachovia Suits
• Deutsche Bank Accuses GE Units Of $390M MBS Loan Fraud
• 6th Circ. Nixes $457M MBS Suit Against Ratings Agencies
• BofA Seeks To Keep Fontainebleau Loan Info Confidential
• Post-Sandy Flood Damage: Insurance Brokers May Be Liable