Real Estate Archive » January, 2013

Real Estate - January, 2013

352 articles

• Calif. Drops Charges in $21M Fraud Case
• Austin Council Rejects $90M Boutique Hotel Near Capitol
• More Nontraded REITs Skipping IPOs, Merging To Go Public
• WTC Development Board Releases $1M For Arts Center
• SF Panel's Nod Moves $200M Archstone Project Ahead
• CFPB Taps Veteran Regulator As Acting Deputy Director
• Bankruptcy Court OKs $298M ResCap-Fannie Mae Settlement
• Apt. Owner Drops $36M Loan Suit Against US Bank, Servicer
• Judge Rules For Builder In Zoning Row With Museum Group
• Swire, Bal Harbour Partner On $1B Mixed-Use Miami Project
• Altman Cos. To Build 321-Unit Rental Project In Miami Area
• Pillsbury Seals Lease To Anchor $110M DC Office Project
• Dems Press Fed, OCC For Info On Foreclosure Abuse Deals
• Downtown Miami Tower Sues Construction Co. Over Defects
• K&L Gates Aids Annaly On $872M Crexus Acquisition
• American Realty Hit With Shareholder Suit Over $2.2B Deal
• Fla. Mortgage Firm Agrees To $120M Robosigning Deal
• Fla. Bill Would Limit Developers' Share Of Transit Upgrades
• Real Estate Experts See Calif. Office Boom Fizzling In Future
• Builder, Museum Group Spar In Zoning Scheme Trial Closings
• Arkansas To Host $1.1B Steel Mill 'Superproject'
• HarperCollins Signs 15-Year Lease In Lower Manhattan
• FHA Says New Policy Changes Will Boost Insurance Fund
• Solow To Sell East Side Development In $200M Deal
• The State Of Indemnity In Calif.
• DOI Beats Challenge To Calif. Casino Project Deal
• Greenberg Traurig Nabs Real Estate Ace In Chicago
• JP Morgan Investors Sell AllianceTexas Office Building
• Israeli Bank Hits UBS, Goldman With $220M In RMBS Claims
• SEC Targets Real Estate Execs Over $300M Ponzi Scheme
• Hybrid Bonds Help Fill Europe's Real Estate Funding Gap
• Property Co. UEL To Make $545M Offer For WBL Stake
• NJ Sen. Seeks Monitors For Post-Sandy Billions
• Wells Fargo Sues Babcock Fund Over $194M Loan
• Pebblebrook Puts Up $112.5M To Acquire San Diego Hotel
• Los Angeles Developer Scales Down Luxury Tower Project
• NJ Lawmaker Blasts Christie's 'Bizarre' Foreclosure Bill Veto
• Trustee Sues Deutsche Bank Unit Over $89M In MBS
• ResCap To Close $3B Mortgage Biz Sale By Mid-Feb.
• Post-Sandy Mold Caseload Set For Spring Growth Spurt In NY
• Philly Casino Owners Settle Feud Over $142M Expansion
• Prudential's RMBS Suit Lacks Fraud Claim: Credit Suisse
• NJ High Court Mulls Treble Damages In CFA Mortgage Rescues
• Prism Capital's $230M NJ Mixed-Use Project Approved
• GGP Pays Blackstone, Fairholme $633M For Stock Warrants
• Empire State Building Investors Seek To Block $55M IPO Deal
• 7 Areas Commodity Operators Should Watch In 2013
• What You Should Know About Crowd Funding In Real Estate
• CFPB Won't Shy From New Targets Despite Leadership Woes
• Quarles Adds 2 Ex-SNR Real Estate Vets In Chicago
• NYC Tower's Lenders Freed From Condo Buyers' Claims
• Summit REIT Inks $135M Deal For 5 Marriott Hotels
• Ivanhoe, TPG Put Up $415M For London Office Tower
• Lesson From Icahn, Ackman Feud: Look For Fuzzy Deal Terms
• Continental Can Appeal Loss Over Goldman Building Accident
• Drinker Biddle Shrinks Philly HQ Office Space
• 7th Circ. Won't Rehear $125M Starwood Fraud Suit
• 6th Circ.'s FDCPA Ruling Puts Squeeze On Foreclosure Attys
• Morgan Stanley Didn't Buy Back Bad Loans, FHFA Suit Says
• Texas Homeowners Get Another Shot At Beach Takings Claim
• Insurer Wins Row In 11th Circ. Over Failed Ga. Development
• Wells Fargo Settles Calif. Mortgage Action For $500K
• Jamestown Inks $296M Deal For NYC's Milk Studios Building
• Ariz. Mortgage Co. Can't Duck Down-Payment 'Gift' Claims
• Miami Developer Pleads Guilty To Swindling NFL Star
• NJ Court Grills Christie Administration On Housing Council
• Goldman, Others Targeted In Force-Placed Insurance Suit
• Calif. County's Halted Mortgage Seizure Plan May Deter Others
• Obama's Recess Appointment Woes Cloud CFPB's Future
• NY Green Tax Incentives Could Spur State FCA Investigations
• Hotel-Retail Projects Poised For Renaissance
• Developer Must Face Fraud Suit Over $675M Loan: 11th Circ.
• Okada Sues To Block Vote On Wynn Resorts Board Ouster
• Noble Energy To Top Off Corporate Campus With New Tower
• Agency Sues Navy Over San Diego Redevelopment
• NJ Judge Won't Recuse Himself In Newark Property Battle
• Sunstone REIT Brings In $230M For Minn. Hotels
• NJ Council's Planning Approvals Survive Court Scrutiny
• RXR Realty Signs 99-Year Lease At 75 Rockefeller
• Tenants Off The Hook: EPA's New Policy Under CERCLA
• Manatt Guides Macerich In $500M Deal For Vornado Mall
• Judge OKs $3.1M Impac MBS Settlement With Citibank
• Cordray Nomination May Reignite Old CFPB Battles
• Claims Revived In Investors' $2.4B Credit Suisse MBS Suit
• NY Retreat From Storm-Prone Shores May Have Hidden Costs
• Wells Fargo Says Its Flood Insurance Policies Are Legal
• NJ Adopts FEMA Flood Maps To Fuel Post-Sandy Rebuild
• RE Mogul Stole $300M From Founder Father, Suit Says
• Chicago Panel Gives Nod To $1B Wolf Point Project
• NYC Landlord Says Rent Overcharge Class Can't Fly
• Dallas Dodges FCA Suit Over Blocked Housing Project
• NYC Condo Residents Sue Landlord Over Sandy Damages
• San Fran Panel Punts Vote On $200M Archstone Project
• 5th Circ. Snubs Challenge To Lothian Bankruptcy Deal
• Officials Push For Public Funds In Dolphins' Stadium Upgrades
• Store Owners' Taxes Not Winston & Strawn's Fault, Atty Says
• Sidley Austin Reps Starwood In $1B LNR Property Buy
• $20M Bank Of America Mortgage Deal Wins Final OK
• Fannie Won't Block $3B Rescap Sale After $298M Settlement
• Spooked Investors Flocking To Asian Real Estate, Report Says
• GE Settles FHFA's Suit Over $549M In MBS Sales
• July Trial Set For Recovery Issues In WTC Lessee's 9/11 Suit
• CDO Resurgence Could Meet Resistance From RE Investors
• Half Of Dodd-Frank Rules Remain Unfinished, GAO Finds
• Google's Campus Bridge Plans Remain On Hold
• Judge Tosses Contract Suit Over $201M NYC Hotel Sale
• Glaser Weil Faces $27.5M Malpractice Suit Over Calif. Lease
• Jury Convicts Real Estate Broker In $5.5M Mortgage Scheme
• Philly, US Airways OK Airport Lease Extension, $734M Reno
• Riverisland Ruling Gives Calif. Fraud Victims Fairer Shake
• Sen. Says Risk Retention Rule Must Match CFPB's Standard
• Schoeman Expands To New Digs In 5th Ave. Landmark
• What To Know About Obtaining Civil Authority Coverage
• Wayne Newton Wants To Float Plan For Bankrupt Developer
• Parkway Properties Pays $130M For Fla. Office Portfolio
• Troutman Snags Fannie Mae GC For Housing Practice
• Mogul's $11B Bid Chases Developer From F&N Contest
• Sills Cummins Can't Dodge Arbitration Award In Rent Dispute
• CFPB Rule Curbs Mortgage Brokers' Compensation
• NYC, HUD Shake Affordable Housing Conversion Suit
• Prudential Scores In Barclays $200M MBS Remand Battle
• Latham Guides Spirit Realty In Creation Of $7.1B REIT
• Sacramento Kings Sale Opens Door To Seattle Move
• Prologis To Build New Amazon Distribution Center In Calif.
• Cubs Owners Will Fund $300M Wrigley Reno For Zoning Deal
• UK Greenlights £1.5B Airport Sale, Ending Mandated Deals
• Ballard Spahr Lands DC Real Estate Pro From Nixon Peabody
• Who Can Conduct Foreclosure Sales In Ga.?
• Aragon Owes Investigator For Citadel Case, Suit Says
• Green Groups Clash With Business Over NJ Enviro Waivers
• Thai Billionaire Ups Ante For F&N To $11B
• Cuomo Donors' Largesse May Not Sink His Reform Efforts
• Houston Developer Gets 9 Years For Hurricane Ike Fraud
• Wrong Name On Doc Doesn't Void Tax Appeal: NJ High Court
• Alleged 'Rebecca' Fraudster May Plead Out
• New CFPB Rule Clamps Down On Force-Placed Insurance
• Stradley Ronon Can't Preempt Sovereign's Malpractice Suit
• CBRE Can't Dodge Anti-Competitive Property Bid Suit
• HSBC Reaches $249M Foreclosure Abuse Deal
• Fair Lending Enforcement: A Coordinated CFPB-DOJ Effort
• 2nd Circ. Snubs IndyMac's Bid To Appeal Cert. In MBS Case
• BakerHostetler Inks New Office Lease In Houston
• Sony Unloads US Headquarters For $1.1B To Chetrit Group
• Lenders To Start Providing Free Copies Of Home Appraisals
• Goodwin Procter Gains Financial Reg, Investment Whiz In NY
• IT Firm Sapient Inks Office Lease In Miami Complex
• Historic Miami Theater Faces Foreclosure Amid Contract Suit
• NYC Building Repair Bill May Yield Little More Than Fines
• Canadian REIT H&R Offers $4.6B For Primaris
• CFPB Mortgage Servicing Rules Give Industry Little Leeway
• Hobby Car Co. Sues Dallas Architects Over $32M Complex Plan
• Allen Matkins Guides KRC's $170M Seattle Office Deal
• Tribe Teams Up With Fla. Construction Co. To Launch JV
• Builder For Sandra Bullock Can't Revive Malpractice Suit
• Quicken Chairman Offers $127M For Detroit Casino
• Seneca Hit With Class Action Over Coinsurance Penalties
• McDermott Will Anchor Chicago's 1st Spec Tower In Decade
• Ex-TierOne Shareholders Sue KPMG Over Faulty Audit
• Insurer's $30M MBS Suit Survives US Bank Dismissal Bid
• Credit Suisse Can't Hide 'Unflattering' Claims In $296M Suit
• $2B Hyatt Regency Project Wins LA Council's Blessing
• Avison Young Acquires Houston Commercial Realty Broker
• How Bankruptcy Can End Environmental Cleanup Obligations
• Who, What, When, Where, How? NJ Insurance Cases Of 2012
• Wells Fargo Can Use Info From Other Suits In Contracts Case
• Houston Leaders Assail Drainage Fee As Discriminatory
• Judge Nixes $75M In Counterclaims From NYC Air Rights Row
• Company Seeks Judge's Recusal In Newark Property Battle
• Hard-Hit Borrowers Need Max Relief From Housing Deals: Sen.
• High Court Mulls Limits Of US Agency Powers In FCC Row
• ResCap $130M FHA Loan Sale Proceeds, But Protests Linger
• Atty-Client Rights Apply To Insurer In BofA Fraud Suit
• Okada Can't Skirt Wynn Resorts' Disloyalty Claims
• Lennar Enters Rental Biz With $1B In Planned Projects
• American Realty Capital Pays $112M For NYC Office Building
• Honeywell Must Face New Claims In $20M Pollution Suit
• Vornado Claims DSW Failed To Pay Full Rent At NJ Mall
• Goldman, Morgan Stanley Reach $557M Foreclosure Deal
• High Court Weighs Takings Clause In Fla. Property Dispute
• Calif. High Court Overturns Contract Fraud Limitation Rule
• Thor Closes $96M Deal To Buy Scoop Building From Burkle
• New CFPB Mortgage Rules May Hurt Developers, Spur Suits
• Bankrupt Miami Condo Works Out Deal With Unit Owners
• Greenberg Traurig Cleared In Suit Over Resort Project Advice
• Omni Snaps Up Westin Hotel In Providence
• L&L Lands Manhattan Office Building In $165M Deal
• NY High Court Takes On Next-Door Damage Coverage Issue
• Art Buchwald's Estate Sues Citibank For Negligence
• Real Estate Group Of The Year: Willkie Farr
• Drywall Safety Law Lets Chinese Cos. Off Easy, Attys Say
• Evanston Sued to Halt $32M Northwestern Univ. Visitor Center
• In Re Zota's Place In The 363 Sale Debate
• 8th Circ. Scraps Homeowners' Wells Fargo Fraud Suit
• Ambac, MBIA Get Jury Trials Revived Against Credit Suisse
• RE Mogul Seeks To Add Claims Against Ex-Troutman Atty
• Tampa To Sell City Land For $85M Residential Tower Project
• S. Korean Investors Nab Weatherford's Houston HQ
• DLA Piper Adds Ex-Alston Real Estate Pro In NY
• Brookdale Senior Living Drops $162M On 12 New Properties
• Towns Take Property Tax Exemption Fight To NJ High Court
• Countrywide Borrowers Lose Class Bid In 6th Circ. Bias Case
• State Takeover Of Fla. Retirement Community Halted
• 2nd Circ. Kills Real Estate Mogul's Citigroup Stock Suit
• FDIC Requires Appraiser Visits For High-Cost Mortgages
• CFPB Regulatory Agenda: Missing Items And Other Mysteries
• Lessons From Past Give Guidance To Sandy-Related Claims
• Real Estate Group Of The Year: Kramer Levin
• Bill Would Let Fla. Trade Land For Conservation Promises
• Troutman Tries To Kill $40M Mariner Malpractice Suit In NY
• 3rd Circ. Bags Philly High-Rise Developer's Zoning Appeal
• Foreclosures Are Debt Collections Under FDCPA: 6th Circ.
• Miami Dolphins Propose $400M Stadium Renovation
• Jury Hands Louisiana-Pacific Win In Faulty Home-Siding Row
• Texas Bill Would Expand Buyback Right After Eminent Domain
• Racetrack Co. Rips SL Green Over Emails In Contract Row
• Newmeyer, Centex Can't Duck Travelers' Overbilling Claims
• Beware Implied Warranty Of Habitability In Pa.
• Pa. REIT Nets $77M In Sale Of Harrisburg Retail Complex
• UK Court OKs Extradition Of Ex-Credit Suisse Exec
• Insurer Ducks Duty To Indemnify Lender In $100M Project Row
• JPMorgan Lost $95M With Bad MBS Investments: Billionaire
• Judge Tosses $193M Countrywide MBS Fraud Suit
• AIG Sues NY Fed Over Right To Billions In RMBS Claims
• MBIA Hits Flagstar With Suit Over $1B In MBS Deals
• Real Estate Experts Fear Medical Office Bubble On Horizon
• Brickman Seeks Sanctions For Atty Misconduct In FCA Suit
• CFPB Rule Could Shrink Market For High-Cost Mortgages
• Clock Ticking For Wynn To Submit $1B Hotel, Casino Plan
• Asarco Keeps DuPont, Others In $150M Mine Cleanup Suit
• Locke Lord Settles Storage Co.'s $45M Malpractice Suit
• Fla. Developer Gets Taking Ruling Reversed In Fed. Circ.
• Real Estate Group Of The Year: King & Spalding
• Volcker, Risk Retention Rules Nearly Done: Comptroller
• NYC Condo Tower Secures $350M Loan From BofA, Others
• Gallery Owners Say NYC Hotel Project Needs Enviro Review
• Warehouser's Suit Against Hinckley Allen Withdrawn
• US May Object To Proposed $130M ResCap Loan Auction
• Lexington Dodges Untimely $35M Piping Coverage Suit
• How Texas' Water Rights Case May Affect Oil And Gas Cos.
• Inside The Latest Hong Kong Anti-Bribery Efforts
• 9th Circ. Kicks Countrywide Fraud Suit To Del. High Court
• NY Court Upholds BofA Win In $200M Building Loan Fight
• Real Estate Practice Group of The Year: Greenberg Traurig
• Judge Unseals Down Payment Gift Suit Against BofA, Others
• Ex-Construction Manager Wants In On Waterscape Settlements
• 11th Circ. Tosses Suit Against JPMorgan Over WaMu Lease
• CIFG Wants Fraud Claims Restored In $275M Goldman Suit
• Duane Morris Taps New Real Estate Group Co-Chairs
• CFPB's Qualified Mortgage Rule Should Bolster Bank Lending
• $4M Gov't Road Contract Was Optional, Fed. Circ. Hears
• Baltimore Panel OKs Exelon's Proposed High-Rise HQ
• Fla. Court Affirms Class Cert. In Foreclosure Mill Case
• BofA Has Vowed To Pay Countrywide's Bills, MBIA Says
• Texas High Court Mulls City's Immunity From Land-Option Suit
• Real Estate Group Of The Year: Fried Frank
• Atty Faces Suspension Under Fla. Bar's Foreclosure-Mill Deal
• BofA Not Liable For Countrywide's Misdeeds, Judge Hears
• Clifford Chance, Skadden Guide Zais REIT's $140M IPO
• 9th Circ. Affirms BofA Win Over Unfair Mortgage Rate Claim
• Va. Panel OKs Funds, RE Tax Hike For $3.1B Transit Project
• Pittsburgh Utility Sues Developer Over Stormwater Plans
• Investcorp Pays $120M For Houston, Chicago Office Parks
• Cozen's Insurer Seeks $8M For Fire At NY Office Tower
• Amazon, KTR Capital To Build $200M Distribution Center In NJ
• SEC Sues KPMG Execs Over Bungled TierOne Audits
• Equitable Principles Alive And Well In Calif.
• ARCT Investors To Reap Extra $56M In Realty Income Deal
• Lehman Stresses Tax Exemptions Amid $6.5B Archstone Sale
• Fidelity Cos. Pay $1.4M To Settle Improper Rebating Claims
• Company Planning Trump Tower in Philly Files Ch. 11
• Ally Unit Loses Bid To Revisit Freddie Mac MBS Claims
• Christie Stresses Bipartisanship In NJ Post-Sandy Rebuild
• Goldman RE Venture Pays $1.5B For Apartment Portfolio
• Illegal Foreclosure Suit Against BofA Trimmed
• Glimcher Pays $105M For Luxury Texas Shopping Center
• Developers Nab $1.6M Fee Award In NJ Title Insurance Row
• Dykema Opens Minneapolis Office With IP, Corporate Focus
• Colonial Auditor Wants FDIC's $1B Malpractice Suit Axed
• NY Fracking Regulation Process Riles Detractors
• Dreier Trustee Nets Clawback Deal Over Penthouse Payments
• Sovereign Strikes $9M Deal In Ocala Fund Transfer Suit
• Judge Backs Deutsche Win In $1.3B MBS Fraud Suit
• Brace Yourselves For More Sandy-Related Litigation
• Calif. Dems To Wield New Power On Tax, Environmental Issues
• Homeowners Want Stay Lifted To Sue WL Homes Insurers
• Landowners' Wal-Mart Zoning Row Denied High Court Review
• Cooley Grows With New, Larger Office In Iconic DC Building
• NCUA Sues JPMorgan Over $2.2B in Faulty RMBS
• Pa. Court Says Home Sellers Don't Need To Disclose Murders
• Justices Weigh Class Action Fairness Act's Removal Power
• JPMorgan Calls NY's Suit Over RMBS Losses Untimely
• Microsoft Inks NYC Office Lease With SJP Properties
• Arnold & Porter Signs 20-Year Lease For New DC Office
• Wereldhave Bows Out Of US With $720M Portfolio Sale
• Rockpoint Seals $282.4M Deal For NYC Office Tower Stakes
• Bankrupt Arcapita Sells UK Senior Housing Portfolio To HCR
• BofA, Citi, Others To Pay $8.5B Over Foreclosure Abuse Claims
• BofA Inks $10B Home Loans Settlement With Fannie Mae
• Texas Firms' Newly Sleek Offices Take Cues From Tech Startups
• Rising Prices Forecast For NYC Housing In 2013
• HFZ Capital Pays $150M For NYC's Chatsworth Rental Building
• FDIC Suit Over $108M In Countrywide MBS Has Legs: Judge
• Ex-Moody's Analyst Drops Bad Ratings Whistleblower Suit
• Judge Keeps Intervenor Plaintiffs In $7B Goldman MBS Suit
• No Quick Review In Antitrust Immunity Appeals: 10th Circ.
• Impac To Pay $3.1M To Settle Citigroup Suit Over MBS Trust
• Motorola Looking To Unload 84-Acre HQ Campus In Ill.
• DC Circ. Revives Suit Over Reverse-Mortgage Foreclosures
• The Extent Of The Temporary Fiscal Cliff Solution
• Jackson Walker Reps NuStar In $115M Texas Refinery Sale
• Lathrop & Gage Adds Litigation Pro In St. Louis
• Patton Boggs Renews DC Office Lease, Plans Renovation
• Bank Pulled Bait-And-Switch On $54M NYC Condo Loan: Atty
• LaSalle Plunks Down $170M For Stake In Boston Hotel
• Judge Slashes Hidden Fee Action Against Office Space Giant
• CBRE Ramps Up Real Estate Biz With Atlanta Buys
• What To Know When Conducting Appraisals
• NJ Man Cops To $200M Real Estate Investment Scam
• Wynn Resorts Seeks To Remove Okada At Special Meeting
• NJ Devils Owner Buys Partners' Shares, Refinances Team Debt
• Dermot Accepts $190.5M For 14-Building NYC Portfolio
• Be Careful What You (Don't) Ask For Before Sentencing
• Sidley Austin Seals Deal On New Houston Headquarters
• Large Real Estate Deal Closings Rose 34% At End Of 2012
• Ex-Blank Rome Real Estate Litigator Joins NY Supreme Court
• Feds Back BofA In Forced Flood Insurance Appeal
• Paul Hastings Aids Salesforce.com On $100M SF Lease Deal
• Investor Group Takes Full Control Of NYC High Line Complex
• Ackman Backs Off On Push To Sell General Growth Properties
• Lehman's Bad Faith Claims Stick In Fidelity Coverage Row
• Forest Oil Pockets $325M In Sale Of South Texas Gas Assets
• Ballard Spahr Names New Real Estate Department Chair
• Simon Forms Mall Venture With Miller Capital, CalPERS
• Piedmont Execs' $5M Deal With Investor Class OK'd By Judge
• Lack Of Lawyer Sinks Marketing Co.'s Vegas Casino Suit
• Appeals Court Backs BofA's $206M Win In Chicago Loan Row
• Starwood Capital Drops $260M On Office Buildings
• Tax Evaders Can't Shake $186M Ruling In Flatotel Loan Case
• Congress Sends Chinese Drywall Bill To President's Desk
• Goldman Rips ACA's Diligence In $120M Abacus Suit
• Thor Makes $277M Bet On Madison Ave. Rebound
• Firm Dodges $2M Malpractice Claim Over Botched RE Deal
• Dickinson Wright Expands Ariz. Practice With Merger
• Weil Gotshal Extends Dallas Office Lease To 2028
• A Primer For Acquiring Inclusionary Air Rights In NYC
• PHH Ducks Part Of Force-Placed Insurance Kickback Suit
• Ex-Troutman Atty Dodges Sanctions Bid
• Neb. Gov. Can't Shake Landowners' Keystone Law Challenge
• Real Estate Policy To Watch In 2013
• US Real Estate Market Set To Boom In 2013
• Real Estate Cases To Watch In 2013
• Law360 Selects Top Practice Groups Of The Year