CAMBRIDGE CAPITAL REAL ESTATE INVESTMENTS, LLC v. ARCHSTONE ENTERPRISE LP

199, 654471/12.

137 A.D.3d 593 (2016)

28 N.Y.S.3d 33

2016 NY Slip Op 02017

CAMBRIDGE CAPITAL REAL ESTATE INVESTMENTS, LLC, Respondent-Appellant, v. ARCHSTONE ENTERPRISE LP et al., Appellants-Respondents, et al., Defendants.

Appellate Division of the Supreme Court of New York, First Department.

Decided March 22, 2016.


In October 2007, plaintiff invested $20 million in Archstone Multifamily JV LP (the Fund), in exchange for an approximate 1% interest. Defendant Archstone Multifamily GP, LLC is the general partner of the Fund (Fund GP). The Fund acquired and took private what is now known as Archstone Enterprise LP (Archstone). Archstone controls the assets of Archstone-Smith Real Estate Investment Trust (REIT), one of the largest multi-family...

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