A former government official in Newark, New Jersey, admitted to his role in a bribery conspiracy where he rewarded local business owners with the acquisition and redevelopment of city-owned properties after receiving cash and gifts. Carmelo G. Garcia served as deputy...
California, Illinois and New Jersey continued to have the highest concentrations of at-risk housing markets during the first quarter, according to a data report from ATTOM. The newly published Special Housing Risk Report analyzed first quarter statistics related to...
Two former employees of a mortgage lending company have been charged in connection with their roles in a large-scale mortgage fraud scheme. According to charges brought by the U.S. Attorney’s Office for the District of New Jersey, Christopher J. Gallo of Old Tappan,...
CBRE Group Inc. (NYSE:CBRE) has promoted Will Forcello to managing director. In his new position, Forcello will be a key business leader for CBRE’s New Jersey market and will continue to serve as market leader for the firm’s Central New Jersey business. Forcello was...
It has been a rather exciting time for Reynolds Asset Management, the Paramus, New Jersey-based commercial real estate investment and development firm that primarily focuses on the multifamily apartment space. Among its most notable endeavors were the acquisition last...