The New Hampshire Bureau of Securities Regulation filed a staff petition for relief against a contractor who is accused selling interests in a company and a North Carolina investment property that authorities say did not exist. According to combined media reports, the...
Brookfield Asset Management (NYSE: BAM, TSX: BAM) has partnered with the Canada Pension Plan Investment Board to acquire LXP Industrial Trust (NYSE: LXP), a real estate investment trust focused on Class A warehouse and distribution investments in 12 markets across the...
A Michigan man was charged in a criminal complaint for his alleged role in a scheme to obtain millions of dollars in investment funds in a phony real estate deal. According to the complaint, Kenneth Bardwell is the operator of a company called “Motown Sports Group...
Big Sky Asset Management LLC, a Dallas-headquartered healthcare real estate investment and asset management platform, has announced the acquisition of HealthCap Partners LLC, a Dallas-based healthcare real estate development and investment firm. Established in 1996 as...
Ginnie Mae announced that it issued $53.9 billion in total mortgage-backed securities (MBS) in June, resulting in net portfolio growth of $20.6 billion. Last month’s activity expands its MBS portfolio outstanding to $2.97 trillion. Last month’s activity included $52.4...
The real estate investment firm Lloyd Jones LLC has announced the promotion of Jimmy Carrion to president and CEO. Carrion succeeds Christopher Finlay, who will transition to the role of founder and executive chairman after leading the company for more than 46 years....