By therecorder | The Recorder | August 31, 2017
C.A. 1st; A138702 The First Appellate District affirmed a judgment. The court held that property owners’ failure to obtain a myriad of permits…
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By JENNIFER LECLAIRE | August 31, 2017
MIAMI—Ocean Walk Apartments, a 297-unit multifamily community in Key West, FL, has traded hands. The sale price: $101.5 million. Passco Companies acquired the multifamily asset. The deal marks the largest single-asset transaction in the firm's history
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By newyorklawjournal | New York Law Journal | August 30, 2017
Condo Unit Owner Denied Motion to Amend Answer or For Sanctions Against Board
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By therecorder | The Recorder | August 30, 2017
C.A. 1st; A147942 The First Appellate District reversed a judgment. The court held that a city’s issuance of a planned development permit for infrastructure…
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By Regina Garcia Cano | August 30, 2017
A long-mothballed, unfinished casino-hotel on the Las Vegas Strip sold for $600 million on Tuesday, eight years after construction halted on the 63-story tower amid the recession.
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By Samantha Joseph | August 29, 2017
Real estate professionals must operate under a new legal precedent when marketing private units in properties where branded hotels also operate.
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By Kenneth M. Block and Joshua M. Levy | August 29, 2017
In their Construction Law column, Kenneth M. Block and Joshua M. Levy discuss the issues surrounding construction delays and conclude that although well-drafted contracts can limit the liability of the responsible party for the other parties' losses and expenses, contractual language cannot eliminate delay claims, and owners and contractors should be prepared to deal with them.
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By Scott E. Mollen | August 29, 2017
Scott E. Mollen, a partner at Herrick, Feinstein and an adjunct professor at St. John's University School of Law discusses 'Lavi v. Assa,' where a temporary receiver was appointed, as plaintiff might have lost equity interest in the subject property.
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By therecorder | The Recorder | August 28, 2017
9th Cir.; 16-15066 The court of appeals affirmed a judgment. The court held that the Federal Foreclosure Bar preempted Nevada’s superpriority lien.…
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By Zack Needles | August 25, 2017
In a decision with potentially wide-reaching impact, the Pennsylvania Supreme Court has ruled that the implied covenant of good faith and fair dealing does not apply to limited partnership agreements entered into or allegedly breached before November 2016, when Pennsylvania's Revised Uniform Limited Partnership Act was amended to specifically include it.
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