A West Virginia real estate developer was sentenced to five years in federal prison for defrauding investors out of more than $5 million. Jeffrey James Morris, managing member of Roxby Development LLC, secured local and national funding to develop real estate in...
RockFarmer Properties, a New York City-based real estate development and investment firm, has named David Krantz as the head of capital markets. In his new job, Krantz will focus on curating new investment opportunities, growing their institutional investor clientele,...
The site of the nation’s worst nuclear accident is being updated and restarted as a power source for data centers. The Wall Street Journal reported Constellation Energy (NASDAQ: CEG) and Microsoft (NASDAQ: MSFT) are partnering to reinvent Pennsylvania’s Three Mile...
The City of Philadelphia has reached an agreement to build a new $1.55 billion, 18,500-seat arena that will be home to the NBA’s Philadelphia 76ers. Philly Voice reported the new arena will be on East Market Street just south of Chinatown on a site that is currently...
Home sales in Maine were on the rise in August despite a limited inventory and higher prices. According to new data from the Maine Association of Realtors, the state recorded 1,535 home sales last month, up 1.66% from the 1,150 sales in August 2023. The median home...
Hits and Misses for the Real Estate Week of June 15-19
