by Phil Hall | Mar 10, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
Wells Fargo (NYSE: WFC), the nation’s fourth-largest bank, has sued JPMorgan Chase (NYSE: JPM), the nation’s largest bank, to recover losses for investors in a $481 million commercial real estate loan that was allegedly made with an inflated financial metric. Reuters...
by Phil Hall | Feb 26, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
CGI Merchant Group, the Miami-based investor that acquired the lease of The Trump International Hotel in Washington, D.C., in 2022 for $375 million, has defaulted on a $285 million loan related to the property. According to a Wall Street Journal report sourced from...
SEC Seeks Settlement in $152 Million RAD Diversified REIT Fraud Case
