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The Docket: Real estate lawsuit roundup for 4.22.21

The Docket: Real estate lawsuit roundup for 4.22.21
DIA Land Co., LLC v. Sixt Rent a Car, LLC
Plaintiff says defendant holds a commercial lease, dated on/about April 8, 2018, and assigned to plaintiff Aug. 28, 2019, for real property and improvements at 25200 E. 68
th Ave., an airport parking facility near Denver International. The term is through Dec. 21, 2023, plaintiff says, and when the premises were expanded, beginning Jan. 1, 2019, the annual base rent was set at $720,000, to be paid monthly, and rising to $810,366.36 for the final year of the contract. Plaintiff says it provided significant assistance during the pandemic and that defendant reaffirmed its commitment to the premises and said it had plans for expansion, but in/around the week of Aug. 17, 2020, defendant abandoned the premises, removing property, and has caused damages. Plaintiff says the rent obligation due and owing is in excess of $2,372,381.55. ....

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The Docket: Real estate lawsuit roundup for 4.8.21

The Docket: Real estate lawsuit roundup for 4.8.21
Adams District Court
Lennar Colorado, LLC and Stratus Amber Creek, LLC v. Amber Creek Metropolitan District, a quasi-municipal corporation and political subdivision of the State of Colorado
Plaintiffs says the District agreed to reimburse Lennar and Stratus for the costs incurred in constructing public infrastructure improvements for Amber Creek subdivision, and to pay plaintiffs the fees the District collected from residential and non-residential property permits. Plaintiffs say despite clear contractual obligations, the District has refused to reimburse millions of dollars in costs and fees. Lennar seeks compensatory damages of not less than $2,491,480.06, and Stratus, no less than $1,492,932.14. ....

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