Two executives from a now-shuttered California-based real estate investment and finance group have been charged with operating a $103 million Ponzi-style fraud scheme. Mark Hanf was the founder and CEO of Pacific Private Money and Nam Phan was the company’s chief...
Leyad, a Montreal-headquartered real estate investment and management firm, has completed its acquisition of a portfolio of 22 single-tenant retail properties leased to Loblaw Companies Limited across 10 Canadian provinces, representing approximately $300 million in...
American Healthcare REIT Inc. (NYSE: AHR) has hired Aric Chang to become its next chief financial officer (CFO), effective Oct. 1. Chang succeeds Brian Peay, who is retiring on Sept. 30 after 10 years as CFO. Chang joins the Irvine, California-based real estate...
A Miami real estate developer was sentenced to 11 years and four months in prison following his guilty plea to money laundering and payroll tax conspiracy charges. Rishi Kapoor was the CEO of Location Ventures, a real estate development company that purported to...
JLL Income Property Trust (NASDAQ: ZIPTAX) has acquired Midtown Village, a shopping center in Tuscaloosa, Alabama for approximately $94 million. The property is a 345,000-square-foot open-air retail center and is leased to a mix of prominent national chains and...
Two men have been charged with conspiracy to commit wire fraud and wire fraud in a scheme involving false identities, bogus financial accounts, and fake real estate investment projects. According to court documents, Daejon Labrayae Love, 35, created fictitious...
2 California Real Estate Investment Executives Charged with Running a Ponzi…
