PREIT (OTCQB:PRET), a Philadelphia-headquartered operator of shopping centers in the mid-Atlantic region, has filed for Chapter 11 bankruptcy for the second time in three years. The company announced it is carrying approximately $880 million in total indebtedness and...
Mel Sembler, a real estate developer who represented the U.S. in two high-profile diplomatic positions, passed away on Oct. 31 at his home in St. Petersburg, Florida. He was 93 years old and the cause of death was attributed to lung cancer. Melvin Floyd Sembler was...
Avila Real Estate Capital Adds $390M for Homebuilder and Land Financing
