Prudent Growth Partners LLC, a private equity real estate firm based in Chapel Hill, NC, has completed its $7.4 million acquisition of Scenic Square, a 28,850-square-foot neighborhood retail center located in the Dallas-area suburb of Rowlett, Texas, within the...
OpenAI has issued a report accusing foreign operatives “likely originating” in China of using ChatGPT accounts to manipulate American public opinion against the creation of artificial intelligence data centers. The Sam Altman-owned company said it uncovered a pair of...
The University of Florida has announced plans for a $1.45 billion renovation of its Ben Hill Griffin Stadium, which breaks the record for the most expensive stadium renovation in college football history. ESPN reports the original plan for the renovation was budgeted...
The Department of Housing and Urban Development (HUD) announced the immediate suspension of the Los Angeles Homeless Services Authority (LAHSA), the lead agency for the city’s homelessness response, citing financial irregularities and program mismanagement. In a...
Waterfront Toronto has released a Request for Qualifications (RFQ) for a development partner to build the first residential buildings in a planned complete, mixed-income waterfront community on Ookwemin Minising, a 98-acre artificial island in Toronto’s Port...
A California real estate investor was arrested for defrauding a bank out of nearly $100 million by falsifying title policies to inflate the value of his pledged collateral. According to an affidavit filed with the complaint, Mahender Makhijani controls Cantor Group V...
Hits and Misses for the Real Estate Week of Aug. 10-14
