A North Carolina man convicted of mortgage fraud and sent to prison was sentenced to 36 months in prison for violating the terms of his supervised release and structuring transactions to avoid reporting requirements. Ricky Lamont Congleton was sentenced to 66 months...
Detroit witnessed two very different experiences over the past week regarding historic properties, with one enjoying an extensive renovation while was reduced to rubble. Fox 2 Detroit reported the city’s historic Book Tower is being readied for reopening following a...
The Dubai property developer Damac, which is mostly known for its luxury hospitality properties, is buying London office space for first time. According to a Financial Times report, the company is preparing to acquire office properties at bargain prices and upgrade...
Kiavi, a San Francisco-based provider of financing to real estate investors, closed an approximately $200 million, 24-month-term revolving securitization of unrated residential transition loans (RTLs). This transaction marks Kiavi’s 13th RTL transaction under...
Elon Musk’s latest tussle with San Francisco’s authorities, a new life for two “Jersey Shore” landmarks and a realtor whose thirst for milk landed him in hot water. From the wild and woolly world of real estate, here are the hits and misses for...
