A federal judge ruled that the Bellevue, Washington-based real estate investment firm iCap defrauded hundreds of real estate investors through a Ponzi scheme. The Seattle Times reported Chief Judge Whitman Holt made the finding about iCap in bankruptcy court...
Christopher Todd Capital, the Arizona-based privately held family office that owns Christopher Todd Communities, has closed escrow on its first Texas build-to-rent acquisition. The company purchased The Cottage Green in Conroe, a recently completed 314-home community...
Boxing great Floyd Mayweather has acquired a 1,000-unit affordable housing portfolio in Manhattan for $402 million. The Real Deal reported the portfolio encompasses more than 60 building in Upper Manhattan. Josh Gotlib of Black Spruce Management was the seller in the...
Legacy Group Capital, the Bellevue, Washington-headquartered real estate firm focused on community-based engagement in private lending and real estate investing, announced the appointment of Kevin Cawley as chief technology officer. Cawley comes to Legacy through its...
A Houston resident who cheated a friend in a phony real estate development deal has been sentenced for wire fraud. Walter Salek pleaded guilty April 5 to his involvement in a scheme to obtain more than $1 million and falsely informing an investor the funds would be...
The real estate brokerage Compass Inc. (NYSE: COMP) announced the appointment of Soham Bhonsle as the new head of investor relations. Bhonsle joins Compass from BTIG, where he served as a vice president and housing services analyst covering companies in the housing...
