The New York City-based real estate investment firm Ashkenazy Acquisition Corp. has acquired Orland Park Place, a retail plaza in the Chicago suburb of Orland Park, Illinois, for $60 million. The 600,000-square-foot shopping destination features retailers such as...
Real estate investors purchased 17% of homes sold during the third quarter, up by a scant 1% from a 16% share recorded one year earlier. According to data from Redfin, the total investor home purchases came to roughly 52,000 transactions. Investors bought 1% more...
The State of Georgia has announced the execution date for Stacey Ian Humphreys, who was convicted 22 years ago in the murder of two realtors. 11alive.com reports Stacey Ian Humphreys will be put to death by lethal injection on Dec. 17. This will be the state’s first...
The Department of Justice (DOJ) has reportedly hit a new roadblock in its attempts to prosecute New York Attorney General Letitia James on mortgage fraud-related charges. CNN, sourcing its information from an unnamed “person familiar with the development,” is...
Saudi Arabia’s Real Estate General Authority (REGA) has launched “Saudi Properties” as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law...
Ares Commercial Real Estate Corporation (NYSE: ACRE) has acquired a light manufacturing industrial portfolio of 20 properties in eight states. The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. The...
Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
