A Brooklyn woman who ran a real estate Ponzi scheme that stole $959,000 from nine victim received a prison sentence of three-and-a-half to seven years. Regine Norman, also known as Regine Ellis, falsely promoted herself as a member of NY Private Auction Inc., which...
Walker & Dunlop Inc. (NYSE: WD), the Bethesda, Maryland-headquartered commercial real estate finance and advisory service firm, announced it has structured $109 million in construction financing for the development of 1034-1042 Atlantic Ave., a to-be-constructed,...
Camber Property Group, a developer of affordable housing complexes in New York City, has announced updates on two of its ongoing projects. The company kicked off the first two phases of a $1 billion mixed-use 100% affordable development known as Stevenson Square in...
A trio of developers – Monadnock Development, CB Emmanuel Realty, and Equity Developers – announced the closing on $256 million in financing for the development of Utica Crescent, a mixed-use affordable housing project in the East Flatbush section of Brooklyn. The new...
New York City-based Haussmann Development announced it has closed on a $38.5 million construction loan for 827 Sterling Place in the Crown Heights section of Brooklyn. The $55 million, seven-story project will feature 76 rental housing units, including 23 affordable...