Search for: "Commercial Properties Realty Trust, LLC"
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25 Jan 2024, 6:06 pm
Factors such as higher interest rates and declines in commercial property prices contributed to reduced investor interest. [read post]
6 Nov 2023, 4:16 am
Manhattan Commercial Division Justice Jennifer G. [read post]
20 Jul 2023, 2:09 am
The idea behind the TIC and DST property ownership structure is that it allows the smaller investor to own a fractional interest in large, institutional quality and professionally managed commercial properties along with other investors, not as limited partners, but as individual owners within a Trust. [read post]
29 May 2023, 8:48 pm
Court Enforces Right of First Refusal for Purchase of Membership Interests Triggered by Outside Offer for LLC’s Real Property Last month, Brooklyn Commercial Division Justice Reginald A. [read post]
24 Apr 2023, 4:53 am
The latter rule of law treats material prepared for a client, such as an entity’s owner, as a “property right,” and a law firm has a “general duty to provide that material . . . upon . . . request absent a substantial showing of good cause to refuse client access” (Sage Realty Corp. v Proskauer Rose Goetz & Mendelsohn LLP, 294 AD2d 190 [1st Dept 2002]). [read post]
20 Feb 2023, 4:46 am
This year’s collection features a relatively rare example of a court awarding punitive damages against a company controller for breach of fiduciary duty; a decision denying enforcement of allegedly promised “equity” in an LLC; and a decision dismissing untimely fraud claims against co-members of a realty holding LLC. [read post]
5 Dec 2022, 8:26 am
(formerly American Realty Capital Global Trust Inc.). [read post]
1 Apr 2022, 2:12 am
Benefit Street Partners Realty Trust, Inc., a real estate finance company, originates, acquires, and manages a portfolio of commercial real estate debt investments secured by properties located in the United States and internationally, according to Bloomberg. [read post]
28 Mar 2022, 3:44 am
Manhattan Commercial Division Justice Joel M. [read post]
7 Feb 2022, 4:29 am
(LMC) which holds title to a commercial property in Brooklyn that houses other Lurie owned operating companies. [read post]
23 Jan 2022, 2:03 pm
The Patels formed PL Hotel Group, LLC (PL) to hold title and listed the property for sale. [read post]
7 Dec 2021, 1:50 pm
Brickell Investment Realty, LLC, --- F.Supp.3d ----, 2021 WL 5768173, NO. 21-21109-CIV-ALTONAGA/Torres (S.D. [read post]
16 Jan 2021, 10:57 pm
Norwood Realty, Inc., the letter of intent contained language that was explicitly binding.[46] The court held the letter of intent fell into the first category: Here, the intent of the parties to be bound by the letter of intent is not left to inference from the terms of their agreement but is twice expressly stated in prominent parts of the letter of intent. [read post]
11 Jan 2021, 4:46 am
Sometime afterward, Bak learned that Rostek sold the LLC’s realty to a third party for $2.9 million in a deal that closed in late August 2012, i.e., a month after Bak’s buyout. [read post]
19 Jun 2020, 2:10 pm
They regularly handle leasing for the top landlords in New York City such as Tishman Speyer, Vornado Realty Trust, SL Green Realty Corp. and SJP Properties and have negotiated leases for the headquarters of Gap Inc., Polo Ralph Lauren Corporation and the National Football League. [read post]
27 Apr 2020, 4:47 am
The case arose following the death of one of two 50% owners of two realty-holding Indiana corporations named C.F.B., Inc. [read post]
20 Apr 2020, 4:10 am
Meanwhile, Faction #1 discovered potential commercial pier rights associated with the property and, after Faction #2 expressed disinterest in pursuing them, in 2012 Faction #1 purported to enter into an Assignment of Pier Rights by the LLC to one of the two members of Faction #1 for consideration in the amount of $10. [read post]
18 Mar 2020, 5:00 pm
Allegedly, the directors of DCD created AION Partners, LLC (“AION Partners”), AION Realty LLC, and AION Holdings, Inc. [read post]
10 Feb 2020, 2:14 am
A first-impression decision last week by Manhattan Commercial Division Justice Andrew Borrok in Weinstein v RAS Property Management, LLC, 2020 NY Slip Op 20028 [Sup Ct NY County Feb. 5, 2020], makes it official: estate representatives of deceased limited partners get the same treatment. [read post]
13 Dec 2019, 6:21 am
Cole Credit Property Trust V, Inc. [read post]