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21 Jun 2007, 5:15 pm
In 1995, Thomas sold his company, Combinet, to Cisco Systems, Inc. and received Cisco shares valued between $65 million and $85 million. [read post]
22 May 2012, 11:27 am by William A. Ruskin
What is the duty of a real estate developer to disclose to prospective residential purchasers information about the neighborhood that may adversely impact property values? [read post]
4 Aug 2008, 1:58 pm
The Atlanta Business Chronicle has a front-page article, Bankrupt Home Developer Owes $131,000,000, about another real estate developer who is caught up in the real estate crash. [read post]
20 Jul 2018, 10:50 am by Michael J. Giarrusso
As recently reported, third party real estate investment firms Everest REIT Investors I LLC and Everest REIT Investors III LLC, two private affiliated entities, commenced an unsolicited tender offer to purchase approximately 8.8 million shares of CNL Healthcare Properties, Inc. [read post]
10 Jun 2015, 2:01 am by Dusty Elias Kirk and Steven Chadwick
However, prior to filing a formal appeal, property owners may request an informal review to ask questions about their reassessed property values, verify information, and present facts about their property that may affect the value. [read post]
1 Aug 2022, 4:13 am by Peter Mahler
The decision observes that, over the years, Cornell’s seltzer business diminished while “the real property has skyrocketed in value. [read post]
13 Dec 2009, 10:56 pm
Lehman Brothers Holdings Inc. has filed an adversary complaint against Barclays Capital Inc. requesting the return of billions of dollars in extra profit that it says the latter made when buying Lehman’s North American brokerage business last year. [read post]
16 Feb 2016, 12:06 pm by Lax & Neville LLP
Doucet and Margie Doucet (collectively “Claimants”) $307,000 for losses stemming from investments in direct participation programs (“DPPs”) involving non-traded real estate investment trusts (“REITs”), promissory note programs, master limited partnerships (“MLPs”) and private oil drilling programs offered by VSR Financial Services, Inc. [read post]
18 Oct 2021, 3:44 am by Andrew Lavoott Bluestone
Plaintiff enunciated a good legal malpractice claim, but failed to state a good damages claim for loss of sales value in real estate,  In 83 Willow, LLC v Apollo  2020 NY Slip Op 05843 [187 AD3d 563]  October 20, 2020 Appellate Division, First Department the court wrote: “For purposes of the motion, defendant does not dispute that his alleged failure to advise plaintiff of the consequences of a contingency clause in its contract to sell property was negligent,… [read post]
15 Jun 2017, 8:24 am by Renae Lloyd
American Finance Trust, Inc. is a real estate investment trust launched and managed by American Financial Advisors, LLC. [read post]
7 Sep 2022, 3:11 pm by Mavrick Law Firm
The out-of-pocket rule awards as damages the difference between the purchase price and the real or actual value of the property. [read post]
16 Feb 2021, 12:42 pm by Silver Law Group
In January 2021, Steadfast Apartment REIT Inc. announced that it is lowering its distribution rate and limiting share repurchases, effective February 1, 2021. [read post]
23 Nov 2020, 8:35 pm
Marriott Ownership Resorts, Inc. et al., 16-cv-855 (CEM), targets Marriott and other parties for creating and selling a points-based timeshare program as a timeshare real-estate plan. [read post]
26 Jul 2017, 10:30 am by Sherin and Lodgen
Oakhurst Realty, Inc., 414 A.2d 471 (R.I. 1980), the defendant challenged the statute on the grounds that it amounted to an unconstitutional taking in violation of due process of law. [read post]