A California man was sentenced to eight years in prison for coordinating real estate scam in Belize that defrauded hundreds of victims out of approximately $77 million. Newport Beach-based Andris Pukke, who also went by the aliases Marc Romeo and Andy Storm,...
Peachtree Group, an Atlanta-headquartered commercial real estate investment firm, has hired Billy Gilchrist as senior vice president of originations. In his new role, Gilchrist will be responsible for originating commercial real estate and hotel investments across...
More than 20 Chinese EB-5 investors have filed a $13.4 million lawsuit against developers, immigration agents, and lawyers whom they accuse of duping them into putting placing more than $12 million of EB-5 funds into a casino-resort project in the Northern Marianas....
Blackstone (NYSE: BX) announced the appointment of Katie Keenan as CEO and a director of Blackstone Real Estate Income Trust Inc. (BREIT) and global head of the Core+ Real Estate business. She succeeds Wesley M. LePatner, who served in both roles until she was...
Rithm Capital Corp., a global alternative asset manager, announced its $1.6 billion acquisition of Paramount Group Inc. (NYSE: PGRE), a real estate investment trust focused on Class A office properties in New York City and San Francisco. The transaction values New...
Bridge Housing, the San Francisco-based nonprofit affordable housing owner and developer focused on West Coast markets, has launched its first private equity fund. Bridge Housing Impact Fund I is in the process of raising $350 million of equity, enabling about $1...
