Real estate developer Patrick Zalupski has signed a letter of intent (LOI) to purchase Major League Baseball’s Tampa Bay Rays. According to a Sportico report sourced from “multiple sources who asked not to be named because the details are private,” the deal values the...
Costco Wholesale Corp. (NASDAQ: COST) announced plans to open its first standalone gas station that is not connected to one of its retail outlets. According to combined media reports, the new station will be based in the Los Angeles suburb of Mission Viejo. The...
The hotel chains Hilton (NYSE: HLT) and Marriott (NASDAQ: MAR) have announced respective plans to expand their presence across Africa. Hilton, which currently operates 63 hotels in Africa, is planning to add more than 100 locations across the continent over the coming...
A 25,000-square-foot retail property in Jamison, Pennsylvania, has been sold for $12.17 million. The property, located at the intersection of Route 263 and York Road, is occupied by a Wawa convenience store and gas station and a Tractor Supply center. The site also...
Real estate investor Boruch “Barry” Drillman was sentenced to five years of probation for his role in a $165 million fraud scheme involving multifamily and commercial mortgage loans between 2018 and 2020. Drillman managed BRC Williamsburg Holdings LLC,...
Premier Mortgage Resources LLC (PMR), a Meridian, Idaho-headquartered nationwide mortgage lender, has launched Specialty Products Division to support borrowers with customized products that go beyond conventional mortgages. The new division is designed to support real...
