Ethics commission dismisses complaint over Adler’s real estate disclosures

The city’s Ethics Review Commission has voted to dismiss a complaint against Mayor Steve Adler related to information disclosed on personal financial forms about his real estate holdings in recent years. The complaint, brought by real estate broker Loree Misch, centered on forms completed between 2018 and 2020 by Adler and his wife Diane Land regarding a property at 4315 Dunning Lane that was initially filed under ownership of an LLC that wasn’t in existence. The correct entity, Dunning Lot 3, was later filed as the owner, but the misidentified Dunning Lot 5 name remained in some state and Travis County records through subsequent years and was also reflected on a 2020 disclosure form.

Misch cited a city ordinance related to the truthfulness of signed disclosures on official city documents as the basis of her complaint, noting that Adler’s history as a real estate attorney made the continued references to a nonexistent LLC appear suspicious. The commission voted eight to one not to move forward to a final hearing, with Commissioner Nguyen Stanton voting against and Commissioner Raafia Lari abstaining. “I don’t understand why they continued to disclose Dunning Lot 5 as long as they did, and never really disclosed Dunning Lot 3 LLC … all I know is it doesn’t look like the disclosures were proper,” Misch said. “I’m an advocate for affordable housing and homelessness and I kept hearing that Mayor Adler has a lot of conflicts of interest in real estate so I thought, OK, let’s look at the (Travis Central) Appraisal District and see what holdings he might have. This was the first one that popped up and I thought, something’s wrong here.” In representing Adler, attorney Andrew Cates argued the two-year statute of limitations on complaints meant only a form from 2020 was eligible for consideration, and chalked the misidentification up to an initial typo that remained in real estate records but was explained in memo sections of disclosure forms.