A “pied-à-terre tax” aimed at New York City’s wealthiest property owners, the Wall Street Journal slams home builders, and a Massachusetts town rejects a 50% property tax hike. From the wild and wooly world of real estate, here are our Hits and Misses for the week of...
A retired sergeant for the Massachusetts State Police has been charged and has agreed to plead guilty to allegedly fraudulently obtaining a Paycheck Protection Program (PPP) loan for his real estate business. According to the charges brought against him, Damian...
Stephen L. Hochberg, a former Massachusetts real estate executive was sentenced to two years in prison followed by three years supervised release, for his role in a multi-year scheme to cheat the Internal Revenue Service (IRS) with under-the-table pay of more than...
A former Massachusetts realtor who was indicted on multiple charges including embezzlement was sentenced to two-to-three years in prison followed by five years of probation after changing his plea to guilty. WCBV reports Stephen Webster, the owner of the now-defunct...
JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX), has acquired West Boston Medical Center, a medical outpatient complex located in the Greater Boston suburb of Watertown, Massachusetts, for approximately $32 million. The property...