A Connecticut real estate agent was sentenced in federal court in Boston for defrauding his clients through a scheme involving the short sales of government and bank-owned properties to straw buyers. Sheldon Haag was sentenced to one year and one day in prison and two...
A Los Angeles-based commercial real estate agent was indicted for evading the payment of his individual income taxes and for obstructing the IRS in its efforts to collect those taxes. According to the indictment, Gabriel Guerrero has a history of failing to file tax...
Capital Square has acquired Valley Ridge, a newly constructed, 129-unit build-for-rent (BFR) community in Rossville, Georgia, a suburb of Chattanooga, Tennessee. The community was acquired on behalf of CS1031 Valley Ridge BFR Housing DST, a newly launched Delaware...
The multifamily property developer Thompson Thrift is expanding into the Idaho market with The Logan, a 264-unit Class A community in Nampa, approximately 20 minutes southwest of Boise. The Logan will encompass approximately 12 acres and three-story building featuring...
Ares Management Corporation (NYSE: ARES) announced it will acquire the GCP International, the global business of GLP Capital Partners Limited, for approximately $1.8 billion in cash and approximately $1.9 billion in Ares Class A Common Shares. According to the...
Matterhorn Venture Partners (MVP), a Chicago-based real estate investment firm, has hired Gary Nussbaum as a principal. In his new role, Nussbaum will source and implement new acquisition opportunities throughout primary US real estate markets, with a focus on...
Forecast: AI to Generate 330 Million Square Feet of Commercial Real Estate …
