Real Estate Archive » March, 2013

Real Estate - March, 2013

334 articles

• Ex-Freddie Execs Can't Dodge SEC's Subprime Fraud Suit
• Hotel Owners Get New Way Out Of Soured Management Deals
• Sullivan & Cromwell Aids Colony's $70M Recap Of LodgeNet
• USAA Hit With Suit Over Home Insurance Coverage Boost
• 5 Tips For Doing Real Estate Deals In Bankruptcy Court
• $1.8B HUD Funds Will Help Rebuild Sandy's Hardest-Hit Areas
• Constellation Pays IHG $457M For Luxe London Hotel
• Nomura Sued Over Investors' $486M Mortgage Bond Losses
• How To Handle A Problem Client
• 'Real Housewives' Hubby Sues Over House's Historic Status
• Texas High Court Allows Takings Claim Over Buyback Right
• AIG Strengthens Hand In $10B BofA MBS Suit
• It's A Wrap — Insuring Construction Projects: Part 2
• Sinkhole Insurance On Solid Ground — For Now
• Deutsche, BofA Escape Pa. Foreclosure Fee Suit
• Airlines In 9/11 Suit Defend Reduced-Damages Claim
• Williams & Connolly Sues Over Foreclosure Review Docs
• Don King Wins Fla. High Court Appeal Over $23M Jai Alai Deal
• Carmel Wins In Loan Dispute Over $143M San Fran Apts.
• Swire's $1B Miami Project Gets City's OK For Expansion
• Platinum Properties, SNR Denton Sued Over $13M Apt. Buy
• NY Judge May Have Gone Too Far In MBS Settlement Push
• Investors Step Out Of Comfort Zone, Into Senior Housing
• CFPB Complaint Database Stokes Banks' Lawsuit Fears
• Polsinelli Shughart Relocates To New LA Digs
• $160M Mixed-Use Project Slated For Colo. Medical Area
• Texas Condo Owners Hit Metals USA With Defective Roofs Suit
• Lenders 1st In Line For Payout From $21M Vegas Property Sale
• Cole To Discuss Sweetened $9.7B American Realty Bid
• Condo Board Slapped With $40M Suit Over Verizon Antennas
• 4th Circ. Won't Rehear Toll Bros. Deposit Refund Row
• Deals Rumor Mill: Bain Capital, Dell, BayernLB
• Litigation Support At A Crossroads
• Pricey Land Complicates Options For Ailing NYC Hospital
• Banks Ask 2nd Circ. For Discovery Relief In FHFA Cases
• BioMed Realty Strikes $640M Merger Deal With Wexford
• How Facebook Clinched Its Campus Approvals
• MSG Stunting Penn Station's Growth, NYC Pol Says
• Jury Convicts BBC Equities Founder, Son Over $50M RE Scam
• Wilson Elser Faces $1.5M Malpractice Suit Over Lost Property
• Butler Snow Opens New Nashville HQ Following 2012 Influx
• FHFA's Loan Modifications May Repair Agency Reputation
• Genworth Sells Wealth Unit In $413M Aquiline, Genstar Deal
• Deutsche Bank Can't Shake Suit Over $1B MBS Short
• Fannie, Freddie Exempt From Pa. Transfer Taxes, Judge Says
• Dolphins Offer To Repay Public Funds For Stadium Upgrade
• RBS Fudged Value Of $291M In MBS, Assured Says
• Priceline Has No Fiduciary Duty In Hotel Bidding: 2nd Circ.
• Cerberus Disputes Seibu's Claims About Cost-Cutting Plans
• Blackstone Inks $150M Land-Banking Deal With Beazer Homes
• American Realty Raises Cole Bid To $9.7B After Stiff-Arm
• Unregistered Brokers May Bring Aiding And Abetting Liability
• 5 Tips For Capitalizing On BRAC Real Estate
• Real Estate Developer Escapes Wetland Dumping Charges
• Hines, Boston Properties Seal $192M Land Deal For Transbay
• Cerberus Hits Snag From Seibu Over Proposed Stake Increase
• Dolphins Offer Miami-Dade Concessions For Stadium Deal
• NJ's Enviro Regulator Finalizes Adoption of FEMA Flood Maps
• The 5 Litigators Sure To Drive Judges Mad
• Bans On Force-Placed Perks May Be Wake-Up Call For States
• NY Appeals Court Says Miami Hotel Can Boot Marriott Contract
• Sanford Heisler Doubles Up On NYC Office Space
• Trump Threatens To Sue Over $350M Scottish Wind Project
• Spray Foam Companies Fight MDL Bid As Litigation Heats Up
• Pa. High Court To Weigh Generic Zoning Designations
• NJ High Court Snubs Bid To Up Eminent Domain Damages
• Aspen Hotel's Junior Lender Blasts Deed Transfer
• Steinway Reaps $46M In NYC Office Building Sale To JDS
• FCA Allows Treble Damages — 'But Treble What?'
• More Class Suits Ahead, Says Calif. Employment Agency Chief
• DC Councilman Hit With $100M Fraud, Bid Rigging Suit
• Texas Rep.'s Public Beach Bills Aim To Sidestep State Justices
• 5 Tips For Making It Rain
• Cooley Moves To Bigger Offices In Seattle
• Plaintiffs Attys Say Sky's Not Falling After CAFA Ruling
• Sacramento Plans To Fund Majority Of $447M Arena
• Senior Living REIT Buys 13 Facilities In $141.7M Deal
• Deals Rumor Mill: Allianz, Samsonite, Exxon
• Pa. Justices Greenlight Redevelopment Of Philly Parkland
• Milford Plaza Hotel Buy Rests On $275M Morgan Stanley Loan
• Chelsea Hotel Tenants Force Delay In Renovations
• 11th Circ. Won't Revive Fla. Strip Club Zoning Fight
• Westfield, O'Connor Capital Form $1.28B Mall Venture
• 3 Changes To Watch In Commercial Property Due Diligence
• Nev. High Court Lets Developer Off Hook For $2M Indemnity
• Gap Sues Landlord For Ending Lease Due To Sandy Damage
• Broker Must Face Suit Over Bungled $25M NJ Hotel Deal
• Citigroup Must Face $200M Highland CDS Suit, Judge Says
• Inland REIT Execs Cooked Up $185M Ponzi Scheme, Suit Says
• Rising Star: Gibson Dunn's Jesse Shapiro
• Top NY Court Sets Damage Formula For Breached RE Deals
• SL Green Closes $925M Loan For Chetrit's $1B Sony HQ Buy
• Fed. Circ. Issues Mixed Ruling In NJ Public Housing Rent Row
• Boies Schiller Hit With Sanctions Bid In $350M Marriott Row
• Supreme Court Tames Class Action Frankenstein's Monster
• Wells Fargo Must Show Foreclosure Deal Is Fair, Judge Says
• Experian Again Beats Credit Report Monopoly Suit
• Carlyle JV Scoops Up Massive Mixed-Use Complex In Houston
• 7th Circ. Overturns $2.7M FCA Award Against Mortgage Firm
• NY-Presbyterian Gets Nod For $1B Projects, Hospital Merger
• Austin Enviro Zoning Vote Delayed As Attys Lock Horns
• American Realty Defends $5.7B Offer To Buy Out Cole REIT
• An Answer To The 'Clogging' Question Under NY Law
• Manatt Adds Former O'Melveny RE Pro To LA Office
• BofA Bid To Oust Flood Insurance Lead Plaintiffs Denied
• Drinker Biddle Doubles NYC Office Space
• Judge Slashes RE Tycoon's Suits Against NYC Partners
• Verizon Wants Brandywine To Pay $21.85M In Land Deal
• Mack-Cali Venture Pays $263M For Va. Apartment Towers
• Cole Spurns $5.7B American Realty Bid For Adviser Tie-Up
• Judge Questions ResCap Bid To Stop Foreclosure Reviews
• Trustees Kicked From Herbalife Founder's $330M Estate
• NYC Council Approves Howard Hughes Plan For Pier Mall
• Philly Planning Board OKs $100M Whole Foods Project
• It's A Wrap — Insuring Construction Projects: Part 1
• Assurant To Pay $14 Million To End Force-Placed Policy Probe
• Rising Star: Kasowitz's Douglas Heitner
• Ally Exits Mortgage Servicing Biz In $34B Portfolio Sale
• 7 Reasons To Do Pro Bono Work
• WTC Owners Rip Airlines' Reduced-Damages Bid In 9/11 Case
• 'Act Of War' Defense Frees American Airlines From 9/11 Suit
• Robotic Parking Co. Hit With Fraud Suit Over Fla. Project
• 11th Circ. Finds Fla. Developer's $19M Payout Not Covered
• Bill To Hasten Fla. Foreclosures Clears 1st Hurdle
• Evanston Dodges Coverage For Chinese Drywall In 4th Circ.
• NY City Council Approves Hudson Square Rezoning
• K&L Gates Can't Escape KB Home's $9.4M Malpractice Suit
• Rising Star: Fried Frank's Tal Golomb
• NYC Planning Commission OKs $2B Cornell Tech Campus
• Lehman Pays $45M To End Coverage Battle Over Dicey MBS
• Weil, Proskauer Aid American Realty On $6B REIT Offer
• Rockpoint Closes New $1.95B Distressed RE Fund
• Takeaways On Expert Opinion From Exxon Mobil V. Albright
• High Court's CAFA Ruling Carries Dangers For Defendants
• Class Action Lawyers React To Supreme Court's CAFA Ruling
• Plaintiffs Attys Downplay High Court's Goldman MBS Snub
• Texas Landowner Seeks To Halt $2.4B Water Pipeline
• ConEd Kicks Solow Suit Over Plant's Tax Value In $300M Deal
• Calif. Appeals Court Upholds Los Angeles Zoning Ordinance
• How To Survive NYC Housing Court
• FHFA Had Right To Ax Clean Energy Program, 9th Circ. Says
• Bank of America Can't Shake Fla. Force-Placed Insurance Suit
• Atlanta City Council OKs Funds For Falcons' $1B Stadium
• Pa. Gas Rights Bill Must Protect Titleholders, Panel Hears
• Memorial Drops $200M In Texas, La. Oil Property Buy
• Omni Nabs $250M Prudential Loan For Hotel Trio
• FHFA Director Prods Congress On Fannie, Freddie Policy
• Lennar Wins $14M In Dispute Over Land Sale
• Chambers Street REIT Acquires 17 Buildings From JV Partner
• Rising Star: Cooley's Colleen Gillis Snow
• Deals Rumor Mill: Dell, Gazprom, Deutsche Telekom
• Justices Restore Class Action Fairness Act's Removal Power
• Fitch Settles Investor Suit Over Toxic MBS Vehicle
• NYU Shakes Tenants' Suit Over Campus Expansion
• Citigroup Strikes $730M Deal In Long-Running Investor Suit
• Mortgage Processor Prommis Seeks Sale in Ch. 11
• 33-Story Dallas Building Eyed For Sale Amid Makeover
• Obama's Options Appear Limited In FHFA Leadership Fight
• NJ Senate OKs Bill To Balance Legal Fees In Lease Disputes
• Gansevoort, Caesars To Open 'Urban Resort' In Las Vegas
• Eckert Seamans Merges With NJ Firm Sterns & Weinroth
• Lightstone's Brooklyn Project Moves Ahead With Panel's Nod
• NYC Planning Commission OKs $3B Willets Point Development
• Union Beats Landlord's $5M Claims For Blocked Renovations
• Prudential Slaps BofA With Fraud Suit Over $2B RMBS
• Rising Star: Fried Frank's Avi Feinberg
• Cozen Snags 6 Edwards Wildman Attys For New Fla. Office
• Goldman's Tourre Targets SEC Audiotape In Abacus Case
• Split On Calif. Code Upgrade Coverage Remains Unresolved
• High Court Won't Take Up Goldman's Bid To Limit MBS Suits
• Homeowners Have No Right To FEMA Funds, Judge Says
• Morgan Stanley Can't Shake $1B Prudential RMBS Suit
• Deutsche, Others Must Face Suits Over $456M In Bad MBS
• NY Hotel Hit With $21M Suit Over Lapsed Rooftop Bar Permit
• Proposed Empire State Building IPO Gains Investor Support
• Judge Narrows Lehman Suit Over $1.4B Assured Guaranty Fee
• Deloitte Liable For Mortgage Execs' Fraud, 9th Circ. Told
• Mayer Brown Adds Veteran Kirkland RE Partner In Chicago
• FDIC Can't Move Suit Without Being A Party To It: 9th Circ.
• Texas Senate OKs Bill Requiring Deductibles To Be Clear
• Franklin Street Puts Down $158M For Atlanta Office Tower
• Rising Star: Pryor Cashman's Joshua Bernstein
• We Need More Diversity In Mediation
• Goldman Pares $491M MBS Suit By Credit Union Agency
• 5 Tips On Crafting Loan Deals For REO-To-Rental Programs
• Calif. High Court Snubs Challenges To 2 Wal-Mart Projects
• Amtrak Says NJ City Can't Charge It Property Taxes
• Under The Hood Of In Re Motors Liquidation
• Moses & Singer Docs Shielded From 'Adversarial' Investor
• 11th Circ. OKs Use Of Underlying Evidence In Insurance Cases
• Philly Investors Say Scheme Cost Them $400M Hotel Project
• Deals Rumor Mill: EQT, Billabong, Chrysler
• Sidley Aids Deutsche In $2B Blackstone Rental Program Loan
• NJ Landlords Would Owe Tenant Attys' Fees Under New Bill
• Senate Bill Aims To Spur Fannie, Freddie Reform
• E-Discovery Trends: Looking Back To Move Forward
• Casino Investors Settle Skirmish Over $150M Loan
• Obama's Recess Appointment Appeal Keeps CFPB In Limbo
• Carlyle Expects To Eclipse $1B In Madison Ave. Tower Sale
• NYC Outer Boroughs Lure Hungry Developers
• NJ Appeals Court Revives Suit Over Botched $8M RE Deal
• $272M MBS Suit Can't Tie Countrywide To Sales, Judge Hears
• Cadwalader Botched $68M Loan Appraisal, Appeals Court Told
• Dickinson Aids Agellan On $131M Commercial REIT IPO
• Mass. Fines Deutsche Bank $17.5M Over Failed CDO
• Travel Cos. Could Owe $55M In Hotel Taxes Class Action
• Fla. House Panel Approves Bill To Beef Up State FCA
• LG Must Mediate Suits Seeking To Block HQ Construction
• 3rd Circ. Upholds Ex-NJ Mayor's 30-Month Bribery Sentence
• CommonWealth REIT Investors Seek To Oust Entire Board
• NYC Hudson Square Rezoning Plan Clears City Panel
• Arnold & Porter Adds Ex-Goldman RE Counsel In New York
• Deals Rumor Mill: Wal-Mart, Apollo, Koch Brothers
• $2B San Fran Hospital Project Wins Enviro Approval
• Finally, 8 Factors Governing FIRREA Civil Penalty Awards
• How To Come Out On Top In A Real Estate Bidding War
• MSR Lender Can't Fight Wealth Fund's $1.5B Asset Bid
• MBIA, Countrywide Debate $4B MBS Loss In NY Appeals Court
• New Post-Earthquake Building Repair Regs Clear SF Panel
• Ramco Pays $257M To Acquire Fla., Mich. Shopping Centers
• Banking Giants Hit With Fraudulent Foreclosure Suit In NJ
• Fulbright Reps Advanced Micro In $164M Sale-Leaseback Deal
• JPMorgan, Morgan Stanley Say $5B MBS Suits Don't Stick
• Philly Sheriff Ducks Class Cert. In $54M Property Auction Suit
• NJ High Court Eyes Class Action Over Atty Fees In Evictions
• Fla. House Panel OKs Tax Breaks For Wind, Energy Upgrades
• Property Co. UEL Values WBL At $953M In Latest Buyout Bid
• Judge Revives $26M Clawback Suit In Mortgage Ponzi Case
• Pa. Rep. Seeks Disclosure Of Pipelines' Impact On Neighbors
• Ocwen Puts Up $585M For Ally Mortgage-Servicing Portfolio
• JPMorgan Says NCUA's $2.2B Faulty MBS Suit Too Late
• Deals Rumor Mill: KKR, Carlyle, Lenovo
• Fla. Bank Sues Gated-Community Developers Over $19M Loan
• Fight Over CFPB's Power Likely To Dominate Cordray Hearing
• Hyatt Puts Up $85M For Austin's Driskill Hotel
• A New Duty Of Care Owed To Calif. Borrowers
• Texas Lawmakers Propose Limits On Pipeline Land Grab
• CFTC's General Counsel To Step Down This Month
• T-Mobile, Verizon Get NJ Town's Cell Tower Denial Reversed
• HSH Nordbank, UBS Settle Influential $500M CDO Suit
• Judge To Tell Jury To Assume SL Green Wrongly Erased Docs
• Nixon Peabody Nabs Former US Sen. For Government Team
• Oaktree, NFR Drop $240M On Wells Fargo-Leased Offices
• Singapore Co. Pays $367M To Snap Up US Bank Tower
• Orix's Unfit-Judge Claim Falls Flat At Texas High Court
• Chinese RE Investments Require Cultural, Tax Savvy
• HSBC, Decision One Hit With $165M Suit Over MBS Pool
• Banks' Credit Crisis Settlements Top $60B As Plaintiffs Reload
• Deutsche Venture Lands $325M NYC Hotel Ground Lease
• SEC Investigating Apple REIT Over Disclosure Issues
• 5th Circ. Stirs The Artificial Impairment Pot
• MBIA Can't Make FDIC Pay For IndyMac Losses, DC Circ. Rules
• Law360 Names Top Attorneys Under 40
• Yeshiva Unloads 2 More NYC Buildings To ClearRock, Juster
• AstraZeneca Affiliate Wants Ch. 11 Nixed Due To Cost
• Foreclosure Notices Must Comply With Law, Pa. Justices Told
• CMBS Delinquencies Fall For 9th Straight Month, Fitch Says
• Texas High Court Revives Developer's Floodplain Project Suit
• Senate Dem Urges DOJ Probe Of Fla. Mortgage Firm
• Class Decertified In Chicago Title Insurance Overcharge Suit
• Fla. Courts Say $35M From Mortgage Deal Will Ease Backlog
• Homebuilder Plans Fla. Community After $15M Land Buy
• DOJ Up To 29 Plea Deals In Foreclosure Bid-Rigging Probe
• Chinese Investors In Talks For Stake In GM Building
• LodgeNet, DirecTV To Partner Up Under Approved Ch. 11 Plan
• Investor Sues Nationstar Over Barred Mortgage Auctions
• NJ High Court Says Sewer Authorities Can Divide Fees
• Winston & Strawn Must Face Retailer's Malpractice Claims
• Stradley Says It Didn't Botch $200M Taylor Bean Loan Terms
• Pa. High Court Snubs Appeal Over 630-Acre Quarry Project
• NY Probes Banks Over Post-Sandy Mortgage Demands
• Manatt Adds Ex-K&L Gates Litigators In New York
• To End Fannie, Freddie, Congress Must Redo Mortgage Market
• Texas Keystone Appeal Could Force Eminent Domain Delays
• Prudential Offers $425M Loans To Chicago, Seattle Towers
• NY Real Estate Attys Shun E-Signing At High Cost
• Grubb & Ellis' Liquidation Plan Gets Green Light
• Developers To Pay $250M For NYC Office Buildings
• $490M Arena Design Gets Early Nod From Seattle Panel
• Dolphins' Stadium Bill Sweeps Through Fla. Senate Panel
• First American Can't Duck Suit Over Lehman RE Loan
• Morgan Stanley Says MetLife Had Role In $757M RMBS Losses
• Union Dispute Over $56M A&P Store Sales Stays Put
• Ambac, Credit Suisse End $46M MBS Insurance Coverage Row
• Sun Capital Saves Chunk Of UK Bed Seller From Bankruptcy
• Riverisland Erodes Calif. 'Parol Evidence Rule'
• San Fran Advances $2.5B Hospital Project With Concessions
• Hill Ward Adds Johnson Pope Land Use Pro In Clearwater, Fla.
• Elco Landmark Pays $48M For Jacksonville Developments
• Marriott, Ikea To Launch Economy Hotel Line In Europe
• Barnes & Thornburg Adds Real Estate Partner In LA
• $1.2B Baltimore Project Developer Granted Ch. 11
• Clarion Sells SF Tower In $100M Prudential Financial Deal
• ResCap Scores Extra 60 Days For Ch. 11 Plan Exclusivity
• Senate Bill Would Boost Dodd-Frank Cost-Benefit Analyses
• Piedmont REIT Pays $176M To Pick Up DC-Area Office
• HSBC Inks $3.2B Deal To Shed Consumer Loan Portfolio
• Hotel Zaza Project Highlights Hole In Austin Code
• Miami Luxury Condo Board Sues Builders For Negligence
• NJ Lawmakers Mull Bills To Ease Shore Rebuilding
• NJ Panel Advances Bill To Modify Eminent Domain Laws
• Boyd Gaming Gets $350M For Lot On Vegas Strip
• FHFA To Combine Fannie, Freddie Back-Office Operations
• Reps. Introduce Bill To Speed Short Sales For Homeowners
• Chetrit In $150M Contract For Defunct NYC Medical Center
• ResCap, Bondholders Spar Over Plan Talks, Filing Period
• Investors Fail To Halt Lehman's $16B Archstone Sale
• Ex-NY Pol Jailed For Bribery Admits To Tax Fraud
• Va. Retirement Home Aims To Slash $84M Debt In Ch. 11
• Ocwen Unit Targeted In FCA Probe Over Mortgage Program
• Suit To Block NYC Meatpacking Property Transfer Nixed
• MGM, AEG To Build Las Vegas Entertainment Arena
• Carlyle, ClearRock Team To Buy Flatiron Office Tower
• Texas City Can't Skirt Suit Over $250M Project, Developer Says
• Fed. Circ. Vacates Real Estate IP Win In Light Of Akamai
• Contractors Get Bellevue Hospital Construction Suit Trimmed
• Louis Berger Negligent In NJ Meadowlands Project, Suit Says
• Las Vegas Sands Says It 'Likely' Violated FCPA
• Expert Testimony Is Key In RMBS Liability
• Ala. Mayor Found Guilty Of Embezzling FEMA Funds
• Stuy Town Tenants Object To $69M Settlement, Attys' Fees
• Boyd Gaming Nets $65.5M In Sale Of Fla. Jai Alai Facility
• Real Estate Market To Take Hit From Sequestration
• Calif. Residents Propose New Homeowner Class In Libor MDL
• MSR Resort Judge Won't Stay Plan Confirmation
• Burger King Violated TCPA With Junk Faxes, RE Firm Says
• Fannie, Freddie Move To Toss Transfer Tax Case
• BofA's $8.5B MBS Settlement Flawed, AIG Expert Says
• Calif. Appeals Court OKs Dismissal Of Countrywide Fraud Suit
• $100M In Attys' Fees Scrutinized In Citi CDO Deal
• ResCap Creditors Sue UMB Bank, Wells Fargo Over Liens
• RBS, Others Can't Dodge $7.7B MBS Action In 2nd Circ.
• NYC Planning Moves Forward With Midtown East Rezoning
• Insurer Off Hook For Impac's Defense In RMBS Lawsuits