Indiana Colts cornerback Sauce Gardner is suing a Michigan construction company for allegedly defrauding him in a Detroit real estate investment. TMZ reports the NFL star was advised by Nicholas Sanborn of Sanborn Construction on the acquisition of a 102-year-old...
Minneapolis Mayor Jacob Frey is proposing to hike his city’s residential property tax levy by 11.3%, the largest increase in six years. Axios reports Frey’s proposal is designed to address his city’s $30 million revenue shortfall coupled with financial demands to...
The Washington Commanders have selected a joint venture of Clark Construction Group, Mortenson, and Smoot Construction Company of Washington, DC to lead the construction of its new 1.8 million-square-foot stadium in Washington, DC. The new 65,000-seat enclosed stadium...
The national multifamily vacancy level is predicted to increase to 8.2% by the end of this year before easing to 8.1% at the end of 2027, according to a new forecast by Apartments.com, an online marketplace of CoStar Group Inc. (NASDAQ: CSGP). Stabilized vacancy is...
The pharmaceutical giant Bristol Myers Squibb (NYSE: BMY) has chosen Houston as the site for a new $2.3 billion manufacturing campus. The new 600,000-square-foot campus will be modular and multi-modal. Its modular design will enable the company to add and reconfigure...
Joshua Schuster, a former New York City real estate developer, was sentenced to four years in prison for his role in a scheme to defraud investors in large real estate development projects. According to the charges brought against him, between 2018 and 2022 Schuster...
Serial Squatter Sentenced to 20 Years in Texas Fraud Case
30-Year Fixed-Rate Mortgage Rises to 6.71%, Highest Level in Over a Year
