The Securities and Exchange Commission (SEC) has brought new charges against Elchonon “Elie” Schwartz and his New York City-based commercial real estate investment firm Nightingale Properties LLC. Earlier this month, Schwartz pleaded guilty in federal court for...
Goodman Real Estate, a Seattle-headquartered real estate investment company specializing in multifamily and commercial real estate, has acquired Town Deer Valley Apartments, a 388-unit Class A property located in Phoenix, for $131.1 million. The sale was facilitated...
Here’s some potentially bad news for the office property sector: a new survey from FTI Consulting Inc. (NYSE: FCN) found most US workers (70%) who are currently either fully remote or in a hybrid arrangement said they are very likely or somewhat likely to seek another...
A Phil Hall Op-Ed: Silly me, I thought that “Saturday Night Live” was the only stale survivor from distant generations still wasting time and energy on the television schedule. But then I watched Sunday’s segment of “60 Minutes” on the Consumer Financial Protection...
The bankrupt craft retailer Jo-Ann announced it plans to close all its stores. On Feb. 12, the company stated it would close 500 stores. In a new statement, the company spelled out its route to shutting down its entire 800-store chain. “Following a comprehensive sale...
Blackstone (NYSE: BX) announced that funds managed by its Blackstone Infrastructure division will pay $5.65 billion to acquire Safe Harbor Marinas, the nation’s largest marina and superyacht servicing business, from the real estate investment trust Sun Communities Inc...
