A former Massachusetts-based certified public accountant (CPA) was sentenced to six months in federal prison for her role in a $19 million fraud scheme involving commercial properties. Christine Gendron was also ordered to pay $392,607 in restitution. After her...
Spirit Investment Partners has teamed with Strategic Value Partners LLC on the off-market acquisition of an 895-unit Texas-based portfolio from Resia, the US multifamily real estate and modular manufacturing subsidiary of the Brazilian homebuilder MRV&Co. The...
New York City Mayor Zohran Mamdani extended the deadline for appealing his new pied-à-terre tax by an additional month. The pied-à-terre tax is designed to target the owners of luxury second homes – condominiums and co-ops valued at a minimum of $1 million and one- to...
Federal Reserve Chairman Kevin Warsh reported proposing cutting back on the number of rate policy meetings held by the central bank’s Federal Open Market Committee (FOMC). According to a Wall Street Journal report sourced from unnamed “people familiar with the...
While the executive leadership of the Chicago Bears have been focused on the potential relocation of their team out of Illinois to a site in Hammond, Indiana, most of the prognosticators in the predictive market Kalshi are betting the team doesn’t leave the state. The...
Minneapolis Mayor Frey Proposes 11.3% Property Tax Hike
