Government Agency Relocating D.C. Offices, Taking Less Space
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400,000-SF Industrial Project Planned for Silver Spring, Md.
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March 21, 2002 ROCKVILLE, Md. – Criimi Mae Inc. (NYSE:CMM) said its settlement agreement with First Union National Bank has been approved by the bankruptcy court, giving Criimi access to $23 million that had been kept in escrow as a ...
March 13, 2002 NEW YORK – Philips International Realty Corp. (NYSE:PHR) hasn't been directly affected by Kmart's new list of closings, but the retailer's bankruptcy could delay Philips' liquidation plans.Philips has four stores with operating Kmarts, in Sacramento and Atwater, ...
The New York developer is suing his partner in the GM Building, alleging the insurance company now wants more money for its stake.
January 16, 2002 Commercial Real Estate Direct Staff ReportHORSHAM, Pa. – GMAC Commercial Mortgage has sued the owners of the World Trade Center, arguing that any insurance proceeds on the destroyed property be funneled to holders of GMAC Commercial Mortgage ...
December 20, 2001 Commercial Real Estate Direct Staff ReportVornado Realty Trust (NYSE:VNO) is another step closer to foreclosing on two loans that are backed by a 30 percent stake in Prime Group Realty Trust (NYSE:PGE).The United States Bankruptcy Court for ...
December 11, 2001 The Pritzker family, the billionaire Chicago family that owns Hyatt Hotels Corp., will pay $460 million to the federal government over 15 years in what officials call the largest settlement over a failed lending institution, Superior Bank ...
September 21, 2001 SAN DIEGO, Calif. – Tri-National Development Corp. (OTCBB:TNAV) has filed a lawsuit against Senior Care Industries (OTCBB:SENC) alleging fraud, breach of contract and SEC violations.The lawsuit in part claims that Senior Care failed to producing $10 million ...
July 31, 2001 ATLANTA – JDN Realty Corp. (NYSE:JDN) has settled a securities class action lawsuit pending against the company because of undisclosed compensation that forced it to restate earnings for 1994 through 1998. Under terms of the agreement, JDN ...
The brokerage giant had been charged by three former veteran brokers of slandering them and withholding commissions. The brokers, who had moved to Insignia/ESG, were seeking more than $1 million.
July 23, 2001 BINGHAM FARMS, Mich. – Malan Realty Investors, Inc. (NYSE: MAL) has filed its response to a lawsuit by Grand/Sakwa Acquisitions, LLC regarding the planned redevelopment of up to 90 acres at the intersection of Orchard Lake Road, ...
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