The global investment firm KKR has partnered with the Asia-based alternative investment firm PAG to acquire Sapporo Real Estate Co. Ltd. from the Japanese corporation Sapporo Holdings Ltd. in a deal valued at $3 billion. According to the companies, the acquisition...
A Georgia man has been arraigned on federal charges of wire fraud after allegedly scamming real estate investors on a phony Costa Rican property deal and defrauding college football fans seeking tickets for University of Georgia (UGA) games. According to the charges...
A former Seattle real estate agent who operated a real estate investment fund was convicted in US District Court in Seattle of conspiracy to commit wire fraud and multiple counts of wire fraud, money laundering, and tax fraud. Tamara King, aka Tamara Waln, of Toledo,...
UWM Holdings Corporation (NYSE: UWMC), the parent of United Wholesale Mortgage (UWM), is acquiring Two Harbors Investment Corp. (NYSE: TWO), a real estate investment trust, in an all-stock transaction for $1.3 billion. Two Harbors is one of the nation’s largest...
Sun Communities Inc. (NYSE: SUI), a Southfield, Michigan-headquartered real estate investment trust that owns and operates manufactured housing and recreational vehicle communities, announced the appointment of Mark E. Patten as chief financial officer (CFO),...
QuadReal Property Group, the Vancouver-headquartered real estate investment, development and operating company, announced the appointment of R. Scott Hutcheson as its new board chairman. Hutcheson, who joined the board in September 2023, is the executive chairman of...