Real Estate Archive » December, 2014

Real Estate - December, 2014

294 articles

• BNY Mellon Dodges More Claims In MBS Trustee Action
• US Bank Wants $528M From Citigroup For Faulty MBS
• SEC Settles With Auto Loan Co. Agent In $110M Fraud Suit
• Wells Fargo Will Pay Revel's Outstanding Property Taxes
• NJ Atty Reprimanded For Lying To Ex-NFL Client About Appeal
• Radian Inks $810M Sale Of Bond Insurance Biz To AGC
• NCUA Sues Wells Fargo Over Failures As RMBS Trustee
• Hogan, Skadden, Wachtell Guide $658M Colony Capital Merger
• RE Rumor Mill: Beacon Capital, Polidev, Ashkenazy
• 2nd Circ. Rejects Goldman Request To Arbitrate MBS Suit
• Ellandi, Lone Star Funds JV Drops $403M On 7 UK Malls
• Minority Powerbrokers Q&A: Porter Hedges' Soliman
• Dalian Wanda Share Prices Dip After Record $3.7B IPO
• Senior Housing Properties Strikes $790M Portfolio Deal
• 10 Tactical Omissions In A Commercial RE Buyer's Contract
• Four Firms Guide Broad Street's $179M NY RE Buy, Financing
• RE Rumor Mill: Apple, LinkedIn, Zelig Weiss
• Pershing Tangles Over Dismissed Fannie-Freddie Action
• New York's Ocwen Deal Sets Tough Precedent For Regulators
• Starwood Sells Philly Airport Hotel Complex In $30M Deal
• Mannheimer Guides HeidelbergCement In €115M RE Sale
• Contribution To Trust Subject To NY Property Transfer Tax
• Electricity-Focused InfraREIT Eyes $400M IPO
• Thorny Issues For Courts: Disparate Impact Under FHA
• New Senior Strikes $435M Deal To Buy Housing Portfolio
• Miami Development Takes On Homeowners' Ch. 11 Claims
• Kennedy Wilson Inks £503M Deal For UK Real Estate Folder
• NY Court May Bar Woman From Renting Out Rooms Via Airbnb
• Pennsylvania Appeals Court OKs $12M PPL Power Line
• $95M Settlement In Morgan Stanley MBS Suit Gets OK'd
• Freeborn Challenges $1M Malpractice Verdict In 7th Circ.
• APF Buys Prudential Out Of $235M Midtown Office Tower
• The State Of Technology-Assisted Review In 2014
• Ocwen Chairman Forced Out In $150M NY Servicing Settlement
• NY Court Gets It Right On Common Interest Privilege
• Law360 Names Law Firms Of The Year
• Law360 Names Practice Groups Of The Year
• Centex Wins Again In Travelers' Choice-Of-Counsel Suit
• 8th Circ. Says Tribal Liquor Laws Apply To Nebraska Town
• Wells Fargo Owes $55M In Mortgage Late Fee Suit, Jury Says
• Genova Burns Name Partner Heading To Inglesino Wyciskala
• Retiring Pa. Chief Justice Pegs Legacy On Fracking Decision
• Blackstone, Patria Drop $263M On Brazil Office Portfolio
• Convicted Ex-Jefferies Trader Says Client Had Him Fired
• Starwood Drops $1.5B In Scandinavia's Largest 2014 RE Deal
• Zillow, Trulia Shareholders OK $3.5B Merger
• Empire State Building Investors Launch Another Suit Over IPO
• Cos. Looked To REIT Spinoffs To Unlock RE Value In 2014
• RE Rumor Mill: Minskoff Equities, Viceroy, Steve Harvey
• Mortgage Insurer Radian Protests $1B REMIC Tax Bill
• Inside NY Commercial Mortgage Loan Opinion Practice
• CORRECTED: Judge Won't Change Order In Settled BofA Suit
• Gotham Dodges $21M Judgment In 11th Circ.
• LaSalle Snaps Up Historic Portland Hotel In $64.3M Deal
• Boardwalk Owner Sues NJ Agency Over Dune System
• Law Firm Topples FCA Suit Over LSU Hospital Deal
• Minority Powerbrokers Q&A: Dechert's Laura Ciabarra
• Credit Suisse Hit With $40M Verdict In Texas Loan Fight
• Calif. Panel Nixes $82M US Bank Win In Skyscraper Loan Suit
• Honigman Steers $260M Pebblebrook Boston Hotel Deal
• Nev. Gaming Commission OKs Blackstone's $1.7B Casino Buy
• US Bank To Pay $6M To Settle MBS Class Action
• Rays Stadium Search Deal Blocked By St. Petersburg Council
• Kogan Trichon Breached Office Lease Deal, Pa. Judge Says
• RE Rumor Mill: Blackstone, GGP, BuzzFeed
• Polsinelli Grabs DLA Piper Real Estate Finance Expert
• 6th Circ. Affirms Toss Of $326M Grand Ole Opry Flood Suit
• Tech Was 'Not Tethered To Spreadsheets' For 2014 RE Buys
• Redfin's $71M Raise Repped by Fenwick, WilmerHale
• NY Lessees Are Not Liable Under CERCLA As Owners
• Steptoe Hit With $129M Calif. Legal Malpractice Suit
• Terror Coverage Thrown Into Doubt After TRIA Dies In Senate
• NCUA Claims US Bank, Bank Of America Failed MBS Trusts
• Trinity Health Adds 3 NE Hospitals To National Network
• Fight Over UCLA's $162M Hotel Plan Hits Calif. Appeals Court
• NHL Owner Unveils $1B Plan To Revamp Tampa's Waterfront
• RE Rumor Mill: Prudential, Premier Group, GLL Real Estate
• Highland Seeks $172M From Credit Suisse In Refi Fight
• NYC Co-Op Isn't Subject To $21M Tax, Top NY Court Says
• DLA Piper, Paul Hastings Guide Oxford's $150M Financing
• NY Gaming Board OKs 3 Casino Bids, With Shock Exclusions
• Judge's 'Fork Over The Money' Line Gets Him Axed From Case
• What Happens When Legal Aid Cuts Stimulate Pro Bono?
• 2nd Circ. Wonders If Argentina Debt-Dodging Is 'Pathological'
• Ex-Obermayer Client's Fee Breach Ruling Upheld By Pa. Court
• Minority Powerbrokers Q&A: Bilzin's Albert Dotson
• 4th Circ. Nixes $10.5M Charitable Tax Deduction For Easement
• Blackstone Commits $294M Toward Singaporean RE Assets
• Kiewit-Turner, VA To Discuss Reviving $1B Hospital Project
• Grant & Eisenhofer Slaps Bernstein Liebhard With Fee Suit
• Fla. AG Asks High Court To Extend Bar On Gay Marriage Ban
• Jury Convicts Fla. Mayor In $8M Mortgage Fraud Plot
• Ex-Bond Trader Gets 2.5 Years For $9M Manipulation Scheme
• Market Rumors: Dalian Wanda, Bill Gates, Sony
• Fifth DBSI Exec Sentenced Over $150M Scheme
• Genova Burns Name Partner Jumps To Wolff & Samson
• RE Rumor Mill: Mercedes-Benz, Trammel Crow, Stone Street
• Mortgage Settlement Monitor Questions Ocwen's Compliance
• Annual Bankruptcy And Restructuring Roundup
• Supreme Court Clarifies Limits Of Calif.'s Undersea Borders
• NY Court Says Atty Can't Represent Himself In Trust Suit
• BankAtlantic Hid Precrash Woes From Investors, Jury Finds
• NJ Judge Increases $200M Ponzi Schemer's Sentence
• Segro Nets $178M In UK Industrial Portfolio Sale
• Northwood Investors Drops $992M On UK Real Estate
• Real Estate MVP: Simpson Thacher's Brian Stadler
• Market Rumors: Vice Media, Evraz, Dalian Wanda
• American Realty Advisors GC Says EU Regs Slow Investor Bid
• RE Rumor Mill: Jurys Inn, Heritage Equity, Warby Parker
• Utah Prairie Dog Could Narrow Endangered Species Act
• Minority Powerbrokers Q&A: Day Pitney's Namita Shah
• 3 Questions To Ask Yourself Before Hiring Appellate Counsel
• 5th Circ. Vacates Sentences In Ex-NFL Star's $20M RE Scam
• Senate OKs Land Deal For Rio-BHP Copper Mine In Arizona
• Justices To Mull Whether Bankruptcy Plan Denials Are Final
• NJ Judge To Mull Backup Revel Bid After Nixing $110M Deal
• Justices To Decide Who Gets Funds In Bankruptcy Conversion
• Blackstone Sells Retail Portfolio Stake To Kimco For $512.3M
• Insureds Didn't Have To Present Sinkhole Report: Fla. Court
• Pacifica Cos. Picks Up San Antonio Hotel Near SeaWorld
• Tampa Bay Lightning Owner Adds To Downtown RE Portfolio
• TIAA, Korean Teachers Form $1B JV, Buy NYC Office Loan
• Real Estate MVP: Fried Frank's Ross Silver
• 3 Hurdles Paul Hastings Cleared For $850M Asia RE Fund
• RE Rumor Mill: TGI Fridays, Wal-Mart, Steve Cohen
• 6 Questions To Ask Before An Internal Investigation
• NJ Senate Panel OKs Easing Rules For Boutique Casinos
• Calif. Court Lets 800 Borrowers Rejoin Countrywide Suit
• Qatar-Run Co. Buys 50% Stake In London's Savoy Hotel
• Moore & Van Allen Settles Malpractice Suit Over $1M Judgment
• Enviro Groups Want Miami Beetle Protected In Wal-Mart Fight
• New Venture Targets €300M In German RE Asset Buys
• RE Rumor Mill: Time, Heritage Equity, Minskoff
• NJ Court Flips Insurer's Win To Hash Out Subrogation Rights
• Aussie Lawyer Gets 12 Years For $12M Investment Scheme
• Fed. Circuit Partially Revives HUD Mortgage Prepayment Row
• Honigman Reps Pebblebrook In $52M Historic Hotel Buy
• What Lawyer-Novelists Learned From Being Lawyers
• Real Estate MVP: Morris Manning's Lauren Prevost
• Schumer Wants 'Clean' TRIA Bill Minus Dodd-Frank Mod
• BioMed Nets $322.5M In Sale Of GSK Unit's Facility
• MetLife Buys Landmark DC Hotel For $180 Million
• Ex-Cendant CEO Asks 2nd Circ. To Make Key Witness Testify
• Polar Star Realty Halts $500M IPO Citing Market Conditions
• Insurer Ducks $1.5M Hail Storm Suit In Texas
• Fannie, Freddie To Contribute To Affordable Housing Funds
• NY's American Museum of Natural History OKs $325M Addition
• Levenfeld Pearlstein Nabs RE Pro From Miller Canfield
• Residents Of Burned-Out Philly Apartment Win $4.75M Deal
• How Borrower Got 'Free House' In NJ Bankruptcy Case
• Trustees Get No Estimation On Lehman's MBS Liability
• Miami Asks 11th Circ. To Revive Trio Of Lending Bias Suits
• Haines & Associates Resolves Rent Dispute With Landlord
• Paul Hastings Guides $850M Asia Real Estate Fund Formation
• House Passes 6-Year TRIA Extension With Dodd-Frank Tweak
• $200M Ponzi Schemer Will Have To Face Charges In 2nd Scam
• RE Rumor Mill: Hilton, Related Cos., ElmTree Funds
• Real Estate MVP: Stroock's Ross Moskowitz
• Brokerage Tells 11th Circ. Policy Covers Thief's Withdrawals
• Minority Powerbrokers Q&A: Wendel Rosen's Christine Noma
• Revel Wants $95M Backup Bid Revived After Winner's Pullout
• EMS Jumps On Bandwagon For Qatar's Canary Wharf Bid
• Kirkland & Ellis Reps Gramercy REIT In $399M Portfolio Buy
• DC Circ. Told Federal Wage Law Must Apply To CityCenterDC
• Unique Dynamics Of LIHTC Workouts: 3 Thoughts For Lenders
• Real Estate MVP: Gibson Dunn's Drew Flowers
• History Complicates SF's Surging Real Estate Development
• RE Rumor Mill: Snapchat, Thor Equities, WeWork
• Rays Reach Deal To Seek Stadium Sites Beyond St. Petersburg
• HSBC Buys Scotland's 2nd-Largest Mall In $351M Deal
• Developer Says Sandy Flood Limit Misapplied In Coverage Row
• Hyatt Sells Vancouver Hotel To InnVest For $123M
• Gomez-Acebo Reps REIT Axia On €180M Spanish RE Buy
• Judge Rules Again To Allow 1st Same-Sex Divorce In Fla.
• London Police Unload HQ In $579M Sale To Abu Dhabi Firm
• Insurer Disavows Contractor Behind Fatal Philly Collapse
• London's Camden Market Owner Seeks IPO To Fuel Expansion
• Troutman, Kaufman Steer $151M Financing For Texas Resi Buy
• Dentons Denies Playing Part In Botched $41M Resort Loan
• Minority Powerbrokers Q&A: Taft Stettinius' Graham Grady
• Time To Reassess Those Arbitration-Only Provisions
• ClubCorp Decides Against Conversion To REIT
• Freeborn Can't Shake $1M Malpractice Verdict In 7th Circ.
• Fla., Conn. AGs Settle Mortgage Rescue Case For $1.1M
• Continental Shouldn't Pay Ex-Hinshaw Atty's Costs: Judge
• Rockpoint Secures $86M For California Office Campus
• Pa. Town's Biased Regs Shut Out New Mosque, Suit Says
• RE Rumor Mill: Bank of China, WebMD, Regal Entertainment
• Real Estate MVP: Willkie Farr's Thomas Henry
• Two Ex-Execs Plead Guilty In $300M RE Ponzi Scheme
• Blackstone Sells Calif. Office Portfolio In $3.5B Deal
• Move Over, Miami: Fla. Cities Poised For RE Growth In 2015
• SL Green Grows Stake To 57% In Random House Tower
• Texas City Fights Ranch's Bid To Halt Water Well Drilling
• Gov't Victory In Perez V. MBA May Be Pyrrhic
• China Resources Land To Issue $970M For Project Buys
• Market Rumors: Dalian Wanda, BAIC Motor, Jasmine
• Covington Seals Up DC Office Move To CityCenterDC
• Industry Groups Back Texas In High Court FHA Tax Credit Suit
• Qatar Says PE Firm Supports $4B Bid For Canary Wharf Owner
• State Farm Undervalues Some Property Damage Claims: Suit
• High Court Asked To Overturn Tax Debt For Failed Skyscraper
• Fannie, Freddie Set Screens For Low Down Payment Loans
• Munger Tolles Botched $2.6M Real Estate Deal, Suit Says
• Shell Rethinks $90M Waste Harm Deal After Secrecy Nixed
• Slaughter & May Reps Songbird On Rebuff Of $4B Buyout Bid
• Ex-Pa. Judge Pulls Out Of Plea Deal Under Pension Threat
• Market Rumors: Uber, Vale, Infosys
• Real Estate MVP: Morrison & Foerster's Mark Edelstein
• Ind. High Court Allows Tax Sale To Recover Sewer Bill
• NJ Courts Hand Financial Cos. 2 Bonuses In 2014
• AXA Sheds Finnish Retail For $131M To PE Venture
• Progressive Gets Builder's Claims Pared In Atty Choice Row
• Keppel DC To Raise $410M In 1st Asian Data Center REIT IPO
• IOI Properties Drops $808M To Buy Stake In Taipei 101
• RE Rumor Mill: Ashkenazy, Extell, Watergate Hotel
• California Supreme Court Divided In Key CEQA Case
• NJ Justices Could Expose Towns To Affordable Housing Suits
• Brookfield-Revel Deal Could Be In Play, Attorney Says
• Common Interest Privilege Doesn't Start With Pending Suit
• 7th Circ. 'Trigger' Ruling May Up Risks For Property Insurers
• WP Carey Buys €300M In Real Estate In Spanish Region
• RE Rumor Mill: SL Green, Old Main Post Office, Lightstone
• Howrey Trustee Settles With 9 Jones Day Attys, DC Landlord
• Accor, Airport Developer Ink Leases For Paris Hotel Trio
• Qatar Fund, Brookfield Float $4B For Canary Wharf Owner
• Developer's $128M IPO Is Morocco's First Of The Year
• Northrop On Hook For $3M Hazmat Judgment, Insurers Say
• RCS Capital, ARCP Strike $60M Settlement Over Killed Deal
• REIT Seer Mortgage Tosses Offering Plans To The Curb
• Understanding LIHTC Basics Before Embarking On Workouts
• NJ Justices Told Conflicts Void Township Panel Vote
• The Donald Will Not Be Deposed Again In Trump U. Suit
• Winthrop Sells Philly Building For $85M Amid Liquidation
• Co-Op Board Can't Block Critical Newsletter, NJ Justices Say
• Class Cert. Denied In Whirlpool Chemical Leak Suit
• Dentons Atty Hit With Sanctions Bid In 'Sham' Settlement Spat
• H&R REIT Sells Industrial RE Portfolio Stakes For $643M
• Paterson, NJ, Councilman Pleads Guilty To Bribery Charge
• $75M Whole Foods-Anchored Texas Project Secures Financing
• Manatt Faces Trial On Conspiracy Claim In $200M Ponzi Row
• NJ Court Asked To Nix Developers' Affordable Housing Win
• Insurers Freed From Plumber's Defense In Calif. Hotel Project
• DC Council Gives Thumbs Up To $300M Soccer Stadium Plan
• SEC Slams Assisted Living Provider Over Phony Fogie Scam
• 6 Keys To Success For Young Real Estate Associates
• RE Rumor Mill: Blackstone, Google, Aareal
• Wells Fargo REIT Plans $275M IPO To Help Fund Asset Buys
• Room For Clarity In NY's Property Tax Exemption Rulings
• Appeals Court Revives UBS Fraud Claim In $331M CDO Suit
• Miami-Dade County Bars Transgender Discrimination
• Met Museum Fees Are Unlawful, Patrons Tell NY Appeals Court
• Regent Locks Down $300M For US Office Buys
• Norway Eyes Expanding $870B Wealth Fund Investments
• Goldman Sachs Pays Spain's Bankia $440M For RE Assets
• NJ Lawmaker Proposes Freeze On Sandy-Related Foreclosures
• RE Rumor Mill: Repsol, Plaza Hotel, Extell
• Qatar's Barwa Sells 2 Properties In $1.47B Deal
• Minority Powerbrokers Q&A: McManis Faulkner's Mansoorian
• Credit Suisse Pans US Bank's Bid To Step Into RMBS Deal
• Highland Entity Blames Credit Suisse For $285M Refi Loss
• AIG Scores Victory In Frozen Pipes Coverage Litigation
• Tribe Too Slow To Defend Gambling Rights, DC Circ. Says
• 5th Circ. Limits 'Value' In Fraudulent Transfer Defense
• $8.1B IndCor Sale Highlights Surge Of Blackstone RE Deals
• Mexican REIT Fibra Uno Pays $744M For 19 Properties
• Ex-Zillow Sales Rep Describes Lecherous Office 'Frat House'
• Deutsche Bank Drops $991M For Frankfurt Tourism Complex
• Strategic Hotels Plans $254M Stock Offering To Fund Growth
• Caution: Flaws Of The Attorney-To-Secretary Ratio
• Trump To Close Taj Mahal, Its Last Casino, On Dec. 12
• Marks & Klein Accused Of Lapses In RE Franchise Row
• Cox Castle, Ward Molloy Work On 600-Unit Apartment Sale
• Justices Push DOL Over Flip On Loan Officers' OT Status
• Perez V. MBA Is Unlikely To Provide Regulatory Relief
• Market Rumors: BAIC Motor, Dalian Wanda, Sophos
• Freshfields Guides $394M Sale Of Cinven Restaurant Assets
• Robinson & Cole Opens Office In Miami
• RE Rumor Mill: Anschutz, Abu Dhabi, Wei Chuan
• Cook County Seeks $300M In Wells Fargo Mortgage Suit
• Citibank Sued By Shareholders Over RMBS Dealings
• Baker Botts Adds Ex-Milbank Tweed Securities Litigation Pro
• Sunac China Mulls Pulling Out Of $812M Greentown Deal
• Historic Sites Cash In As Miami Real Estate Takes Off
• Venable Nabs Bankruptcy Pro In Latest Bingham Departure
• Minority Powerbrokers Q&A: Wilson Elser's Larry Lum
• UK's Co-Op Bank Sells Distressed Property Biz For $248M
• GCs Name Most Arrogant Law Firms
• BGC Partners Pays $110M For Apartment Realty Advisors
• High Court Lets Stand Tribe's Status, Right To Build Casino
• GCs Add 35 Firms To List Of Most Arrogant
• High Court Won't Hear CERCLA Appeal In 9/11 Cleanup Row
• Related, SBE Score $157M Loan For Miami Project
• German RE Giants' $5B Tie-Up To Spawn New Powerhouse