Strawberry Fields REIT Inc. (NYSE American: STRW) is paying $59 million to an unaffiliated seller for the purchase of nine healthcare facilities in Missouri. The nine facilities are comprised of 686 licensed beds. The company plans to lease eight of the facilities to...
A California real estate developer is facing charges from the US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) for defrauding hundreds of investors. According to the nine-count DOJ indictment, Kenneth W. Mattson was the president of...
The Securities and Exchange Commission (SEC) has charged New York City-based Unicoin Inc., a cryptocurrency company, with making false and misleading statements in an offering of certificates that purportedly conveyed rights to receive crypto assets called Unicoin...
Pacaso, the San Francisco-headquartered marketplace for co-owned luxury vacation homes, announced it has reserved the ticker symbol “PCSO” on the Nasdaq Stock Market. According to the company, reserving the ticker symbol does not guarantee a future listing...
A pair of new real estate-focused book have been released, one highlighting Section 1031 Exchanges and the other offering strategies for selling commercial properties. Louis J. Rogers, founder and co-CEO of Capital Square, has authored the new “Section 1031 Exchanges:...
Elchonon “Elie” Schwartz, the CEO of the commercial real estate investment firm Nightingale Properties, was sentenced to 87 months in prison for conducting a fraud scheme that siphoned $62.8 million from more than 800 investors. Schwartz solicited investments through...
