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December 09, 2020 | Daily Business Review

Miami Attorney Predicts 'Bit of a Mess' Once Home Foreclosure Moratorium Is Lifted

Victor Petrescu, partner at Levine Kellogg Lehman Schneider + Grossman in Miami, says unemployed and underemployed borrowers will be in the worst position once the moratorium is lifted.
4 minute read
September 03, 2020 | Daily Report Online

As Evictions Start Moving Again, New Moratorium Likely to Face Legal Battles

Dispossessories that began to mount after the CARES Act moratorium expired will likely dry up again in the wake of a new ban—if it survives legal challenges.
5 minute read
The Money Source Inc. v. Mevs
Publication Date: 2020-08-26
Practice Area: Creditors' and Debtors' Rights
Industry:
Court: Supreme Court, Suffolk
Judge: Justice Thomas Whelan
Attorneys:
For plaintiff: For Plaintiff: Gross Polowy, LLC, Williamsville, NY.
For defendant: For PDQ Equities: Stim & Warmuth, P.C., Farmingville, NY.
Case number: 608778/18

Non-Party Winning Bidder Granted Leave to Intervene, Denied Abatement for Property Damages

August 19, 2020 | The Legal Intelligencer

Mixed Income Housing Bonus Is a Valuable Tool for Real Estate Development

The challenge of revitalizing impoverished communities in a way that their existing residents can benefit has long troubled policymakers. However, the city of Philadelphia has recently revised the Philadelphia Zoning Code to create incentives that may prove to be a win-win for some real estate developers and residents alike.
10 minute read
August 04, 2020 | Daily Business Review

Boca Raton Multifamily Building Secures $9 Million Refinancing for Upgrades

The 73-unit Forum complex in Boca Raton is undergoing interior and exterior renovations.
2 minute read
Zepeda v. Federal Home Loan Mort
Publication Date: 2020-08-03
Practice Area: Civil Appeals | Constitutional Law | Creditors' and Debtors' Rights
Industry:
Court: U.S. Court of Appeals for the Fifth Circuit
Judge: Circuit Judge Ho
Attorneys:
For plaintiff:
For defendant:
Case number: 18-20336

Earlier in this dispute between a borrower, Zepeda, and her lender, the Federal Home Loan Mortgage Corporation ("Freddie Mac"), the court certified to the Supreme Court of Texas the question: "Is a lender entitled to equitable subrogation, where it failed to correct a curable constitutional defect in the loan documents under § 50 of the Texas Constitution?"

July 28, 2020 | The Legal Intelligencer

PLW People in the News—July 28, 2020—Strassburger McKenna, Fox Rothschild

Strassburger McKenna Gutnick & Gefsky announced the addition of James Norris to the firm, and Olufunke O. Leroy, an associate in the real estate department at Fox Rothschild, was named a real property fellow by the real property, trusts and estates section of the American Bar Association.
2 minute read
July 28, 2020 | New York Law Journal

One-Year Foreclosure Moratorium Law Proposed

  Assembly Bill 10553 dated May 29, 2020 proposes a ban on foreclosure actions for at least a year and creates enormous problems and confusion…
7 minute read
July 02, 2020 | Daily Business Review

Miami River Multifamily Tower Secures $14.4 Million Recapitalization

First & Sixth Apartments was completed last year with 20% of its units affordable in response to the lack of low-income housing in Miami.
3 minute read
M&T Bank v. SFR Investments Pool 1, LLC
Publication Date: 2020-06-29
Practice Area: Civil Procedure | Real Estate
Industry: Financial Services and Banking | Real Estate
Court: U.S. Court of Appeals for the Ninth Circuit
Judge: Judge Hurwitz
Attorneys:
For plaintiff:
For defendant:
Case number: 18-17395

Trustee's action to quiet title against third-party purchaser of property constitutes contract action and not tort action

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