News and Events for Attorneys and Executives

Tag: RealEstate

Best Practices in Commercial Real Estate: Commitment Letter

Best Practices in Commercial Real Estate: Commitment Letter

Insight
While a commitment letter in the real estate lending process fleshes out any issues or misunderstandings between the parties prior to the preparation of the ultimate loan documents, it is important to be aware of some potential pitfalls and issues that it can present.

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‘Gross Up’ Provisions in Office Leases

Insight
Contrary to a tenant’s natural reaction, the “gross up” of operating expenses in a multi-tenant office building is neither nefarious nor inappropriate, according to William Hof of Husch Blackwell.

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Houston Office Vacancies Raise Concerns for Owners Making Loan Payments

Houston Office Vacancies Raise Concerns for Owners Making Loan Payments

News
Estimates are that more than a fifth of Houston office space sits empty as landlords struggle to find new tenants and existing tenants struggle to sublease unused space.

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Capital Outlook for U.S. Real Estate Sector on the Rise, Annual Akerman Report Finds

Capital Outlook for U.S. Real Estate Sector on the Rise, Annual Akerman Report Finds

Insight
Increased confidence in the commercial real estate market has taken hold since the U.S. presidential election, according to a report released today by U.S. law firm Akerman LLP.

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Bankruptcy Trustee Dismisses Case After Expert Fails On Cross Examination

News
The trustee for a bankrupt company decided to drop his lawsuit after watching his expert witness cross examined by an attorney from Ahmad, Zavitsanos, Anaipakos, Alavi & Mensing P.C.(AZA), clearing AZA’s clients of claims that they received fraudulently transferred company assets, the firm reports in a news release.

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Tucson Lawyer Pleads Guilty In $33M Fraud Case

Tucson Lawyer Pleads Guilty In $33M Fraud Case

News
the charges involve a procedure in which defendants took out $33.6 million in loans against multi-million dollar homes and then forged documents to fool more lenders into believing the homes were debt-free.

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When Can You Rescind a Real Property Purchase Agreement?

Article
Although rescission makes particular sense when recouping the purchase price is more important than living in the house, it’s not always available.

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Dallas’ Southwest Securities Hit with $5.45 Million Fraud Verdict

NEWS
Jurors in a Dallas district court found that real estate developer Stephen Jemal conspired with Southwest Securities Inc. to defraud the two Texas partnerships by misrepresenting the value of his Southwest holdings.

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