Recent changes in real estate markets have affected virtually every sector of the economy and have led to litigation in a wide variety of contexts. Real estate investment vehicles that were once obscure—mortgage-backed securities (MBSs), commercial mortgage-backed securities (CMBSs), and collateralized debt obligations (CDOs)—are now often central to complex business litigation. Real-estate-related litigation requires expertise spanning securities, financial institutions, valuation, bankruptcy, accounting, antitrust, and other issues.
For more than twenty years, Cornerstone Research has worked on real estate matters, from real estate investment trust (REIT) and failed financial institution litigation in the 1980s to current litigation involving subprime lending, securitized real estate assets, portfolio lending/investing disputes, and failed real estate ventures. In collaboration with leading academic experts in finance, economics, accounting, and marketing, and industry practitioners in the fields of real estate investment and finance, we have addressed the often complex financial and economic issues in these matters. We have applied expertise in evaluating real estate markets and analyzing real estate transactions in a range of real estate matters.