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...
New Jersey’s Freehold Raceway, the nation’s oldest half-mile harness racing track, was acquired by Raceway RE Partners, which plans to demolish the landmark site. The financial terms of the acquisition were not disclosed – the Asbury Park Press reports the property...
San Francisco’s 112-year-old Clay Theater, which has been closed since early 2020, is in the process of being restored. The San Francisco Standard reports the movie theater’s owner, venture capitalist Neil Mehta, announced plans to begin extensive renovations on the...
Judge Denies CoStar Group’s Amicus Brief in Zillow-MRED-Compass Litig…
