A New York City real estate developer has entered into a $272 million settlement with the Securities and Exchange Commission (SEC) over accusations that he defrauded Chinese EB-5 investors. The federal EB-5 federal program enables foreign investors to obtain a U.S....
A prominent home improvement retailer with more than 400 stores across 47 states is reportedly considering a bankruptcy filing. According to a Bloomberg report sourced from unnamed sources, LL Flooring Holdings (NYSE:LL) – the Richmond, Virginia-based company...
Home sales across the Mid-Atlantic region totaled 20,552 transactions in June, according to new data from Bright MLS. This represents a 3.2% decline from the previous month and a 10.4% drop from one year ago. Although fewer homes were being sold, more properties were...
The National Association of Home Builders (NAHB) called on Congress to support policies that will enable an increased level of affordable housing construction. Steve Martinez, a home builder from Boise, Idaho, testified today on behalf of NAHB during a House Small...
The Family Coppola Hideaways, a hospitality company helmed by the Oscar-winning filmmaker Francis Ford Coppola, is opening its first U.S. hotel with The All-Movie Hotel, a suburban Atlanta venue that combines luxury lodging with filmmaking facilities. Based in...
A five-story penthouse unit in a historic Fifth Avenue building sold for $135 million, making it the most expensive residential property sale in New York City this year. Mansion Global reports the 12,500-square-foot unit is one of 22 residences located above the Aman...
Hits and Misses for the Real Estate Week of Aug. 10-14
