Featured Real Estate News
Puerto Rican Privacy Groups File Lawsuit to Block FinCEN’s Anti-Money Laundering Rule
A coalition of Puerto Rico-based privacy groups has filed a lawsuit to block the new anti-money laundering rule issued by the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). The San Juan Daily Star reports the rule, officially known as the...
Puerto Rican Privacy Groups File Lawsuit to Block FinCEN’s Anti-Money Laundering Rule
Among the organizations in the plaintiffs’ coalition are the Puerto Rico Privacy Association, ViveApto Trust, and Pilar Fiduciary Services LLC. Continue Reading Puerto Rican Privacy Groups File Lawsuit to Block FinCEN’s Anti-Money Laundering Rule
169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
The Henry, a 169-unit multifamily community in the New York City suburb of Pomona, New York, has been sold for $63.7 million. Completed in 2001 and partially renovated between 2015 and 2019, the property consists of townhouse-style apartments with private entrances...
Archie Hughes Joins Madison Capital Group as EVP
Madison Capital Group, a Charlotte-based real estate investment firm, has hired Archie Hughes as executive vice president to lead distribution efforts in Texas, New Mexico, Oklahoma, Arkansas, and Louisiana. Hughes will support the firm's continued distribution...
Regional Group Acquires Ottawa Office Tower
The property investment firm Regional Group has acquired 150 Slater Street, a 19-story office tower in downtown Ottawa. The 500,000-square-foot property is 100% occupied with office and ground floor retail tenants, including the global headquarters of Export...
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News & Current Events
Plan to Create Affordable Housing in Wales for Welsh Speakers Only is Rejected
An application for a new affordable housing development in Wales ran into a roadblock when organizers attempted to limit residency to Welsh-language speakers only. The BBC reports the application by Grŵp Cynefin to build 15 affordable homes in the seaside village of...
New Bill Would Exempt Homebuilding Materials from Tariffs
The bill was introduced by Sens. Jacky Rosen (D-NV) and Chris Coons (D-DE). Continue Reading New Bill Would Exempt Homebuilding Materials from Tariffs
Los Angeles Woman Arrested for Filing Fraudulent Multimillion-Dollar Property Liens
Rita Ortiz was arrested on Thursday and faces 25 counts of filing a false or forged document with a public office. Continue Reading Los Angeles Woman Arrested for Filing Fraudulent Multimillion-Dollar Property Liens
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Exclusive News
169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
CBRE represented the seller, Harbor Group International LLC, and procured the buyer, JSB Capital. Continue Reading 169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
Archie Hughes Joins Madison Capital Group as EVP
Hughes will support the firm’s continued distribution efforts across the southern region. Continue Reading Archie Hughes Joins Madison Capital Group as EVP
Regional Group Acquires Ottawa Office Tower
The 500,000-square-foot property is 100% occupied. Continue Reading Regional Group Acquires Ottawa Office Tower
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