The Securities and Exchange Commission (SEC) has charged Robynne Alexander, a real estate developer based in Manchester, New Hampshire, with defrauding investors through schemes that resulted in at least $3 million in losses. According to the SEC’s complaint,...
Walker & Dunlop Inc. (NYSE: WD), the Bethesda, Maryland-headquartered commercial real estate finance and advisory services firm, has secured $170 million to refinance Post District, a mixed-use complex located in Downtown Salt Lake City. Post District opened in...
Hyatt Hotels Corporation (NYSE: H) announced the sale of Playa Hotels & Resorts NV’s real estate portfolio for $2 billion to Tortuga Resorts, a joint venture between an affiliate of KSL Capital Partners LLC and Rodina. Hyatt acquired Playa earlier this year for...
A highly unlikely new player has emerged in the Pacific Rim tourism industry – North Korea. The Associated Press reports North Korean leader Kim Jong Un has inaugurated the Wonsan-Kalma coastal tourist zone, which encompasses hotels, restaurants and cafeterias, and...
US Sen. Tim Sheehy (R-MT) has listed his seven-acre estate on Montana’s Flathead Lake for $10.25 million. The property, called Bird Point, is located on a peninsula along 2,400 feet of protected shoreline and encompasses three residences – the 4,925-square-foot main...
Cryptocurrency permeates housing policy, HUD muscles its way into a new headquarters, and Cincinnati will not have a new football stadium. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 23-27. Hit: The Future is Here....