A West Virginia real estate developer was sentenced to one year and one day in prison for falsification of bankruptcy records. According to the charges brought against him, John H. Wellford III, 73, filed for bankruptcy in March 2019 on behalf of Corotoman Inc., a...
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....
Sunstone Two Tree, a Westlake Village, California-based developer and operator of rental housing communities in high-growth markets, announced that co-founder and CEO John Maddux will transition to the role of executive chairman effective, June 18. According to the...
A Cleveland real estate developer was sentenced to 18 months in prison for embezzling funds intended for a community development project. According to court documents and trial testimony, Arthur Fayne owned and managed Business Development Concepts LLC (BDC), through...
A Phil Hall Op-Ed: Over the weekend, social media was aflutter with a posting by the Beverly Hills real estate developer Mohamed Hadid, who has 1.3 million Instagram followers. While Hadid is highly respected in the real estate world, a lot of his social media...
MAA Cuts Apartment Revenue Outlook as Move-Outs to Homeownership Hit Record…
