A Boston-area real estate investor took to social media to detail how a home seller’s agent refused to do business with him because he drove an automobile from Elon Musk’s Tesla Inc. (NASDAQ: TSLA). Charles Lamplough, who has 97,500 followers on TikTok, recalled what...
A Chicago real estate broker was sentenced to four years and two months in federal prison for defrauding four investors out of more than $3 million. Stanislav Sannikov, also known as Steve Sannikov, owned and operated Chestnut Realty Group. According to the charges...
Peakline Real Estate Funds (PREF), a Chicago-based private real estate investment firm with $1.7 billion equity invested, has rolled out the Peakline Real Estate BTR Fund I, which marks the company’s entry into the build-to-rent (BTR) space. The new fund will be led...
A father and son team were indicted for their roles in a scheme to defraud investors of more than $280 million in two municipal bond offerings tied to the construction of the 320-acre Legacy Park sports complex in Mesa, Arizona. Randy Miller is the former chairman and...
Knightvest Capital, a Dallas-headquartered multifamily investment firm, announced the promotion Madison Tappan to chief investment officer. In this role, Tappan will oversee Knightvest’s acquisition strategy and lead efforts to expand the firm’s...
The BW, a 78-unit apartment asset with 2,300 square feet of ground floor retail in the Brentwood neighborhood of Los Angeles, has been sold for $58.1 million, or $744,872 per unit. The property was completed and offers a mix of studios, one-, two- and three-bedroom...