A lawsuit brought by the Federal Trade Commission (FTC) has shut down Ganadores Online and Ganadores Inversiones Bienes Raíces, a scam targeting Spanish-speaking consumers with fraudulent money-making pitches for online businesses and real estate investments. The FTC...
Evercore (NYSE: EVR), a New York City-based investment banking advisory firm, has hired Neil Wolitzer as a senior managing director in the real estate investment banking group. Wolitzer was formerly a partner and managing director in the real estate investment banking...
Lion Real Estate Group, an investment firm focused on multifamily properties in the Sun Belt states, has acquired District 2308, a Class B 240-unit multifamily property located in Arlington, Texas. The financial terms of the acquisition were not disclosed. The company...
The Bascom Group LLC, an Irvine, California-headquartered private equity firm, has acquired a 204-bed student housing community next to the University of Texas at Austin. The property, called Texan 26, is a 204 bed, 53-unit community that was built in 2014. The...
Atlanta-headquartered Angel Oak Capital Advisors LLC has named Namit Sinha as chief investment officer (CIO), effective on March 31. Sinha has served as CIO of the firm’s private strategies division since February 2020. He joined Angel Oak in 2018 as head of mortgage...
Real estate investor and social media personality Grant Cardone has filed a $100 million defamation lawsuit against former T-Mobile CEO John Legere for calling him a “con man” and a “bulls**t artist.” According to a New York Post report, Cardone filed a lawsuit in...
