Days after recusing himself from a Planning Board hearing for prominent Lakewood developer, Flemming hosts fundraiser with private school developer at Jackson golf course he owns. JACKSON, NJ – Jackson …
Topic:
developer
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Flemming recuses self over conflict of interest with developer of proposed religious school application
by Phil StiltonJACKSON TOWNSHIP, NJ – Jackson Township Council President Marty Flemming, who also serves on the Jackson Township Planning Board, recused himself from a controversial development application, citing a personal conflict …
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Maryland United States Attorney’s Office Resolves Disability Discrimination Lawsuit Against Maryland Developer Involving Multifamily Housing Complexes
by DOJ PressBaltimore, Maryland – United States Attorney for the District of Maryland Erek L. Barron and Assistant Attorney General Kristen Clarke of the Department of Justice’s Civil Rights Division announced today …
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Developer Sunac China seeks to extend payment for 4 billion yuan bond for the 3rd time-sources
by ReutersSHANGHAI (Reuters) – Struggling Chinese property developer Sunac China is seeking to extend the repayment for a 4 billion yuan ($558.35 million) bond for the third time by pushing out …
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By Sam Nussey TOKYO (Reuters) – Sony Group Corp on Monday said it will acquire Helsinki and Berlin-based mobile games business Savage Game Studios for an undisclosed amount as part …
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HONG KONG – China Evergrande Group will offer asset packages that may include shares in its two overseas-listed businesses as a sweetener for restructuring offshore debt, the developer said, as …
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HONG KONG – Chinese property developer Ronshine China Holdings Ltd has not made interest payments on its June 2023 and December 2023 notes, totalling $27.9 million, in the latest blow …
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HONG KONG – S&P Global Ratings raised Greenland Holdings Corp Ltd by one notch to “CCC” on Wednesday, after the Chinese state-backed property developer completed a one-year maturity extension on …
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Real Estate Developer Found Guilty of Fraud, Bribery and Obstruction Charges for Paying $500,000 in Cash to City Officials
by DOJ PressLOS ANGELES – A real estate developer and one of his companies were found guilty by a jury today of federal criminal charges for providing $500,000 in cash to …
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WALL TOWNSHIP, NJ – During the 1980s, it was the epitome of outlet shopping. Peddler’s Village, located at the Atlantic Avenue Circle was one of the premier shopping destinations at …
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Vancouver Real Estate Developer Faces Federal Charges for Fraudulently Obtaining Covid-Relief Program Funds, Laundering Proceeds
by DOJ PressPORTLAND, Ore.—A federal grand jury in Portland has returned an indictment charging a real estate developer residing in Vancouver, Washington, and Lake Havasu, Arizona, with fraudulently obtaining Covid-relief program funds …
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Mo Hill, Council Scrap Plan to Convert Huddy Park Green Acres into Private Developer Land Sale For Now
by Phil StiltonTOMS RIVER, NJ – A plan by Toms River Mayor Maurice Hill to convert a parking lot which is part of the Huddy Park Green Acres land preservation inventory into …
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Former Bank Vice President And Real Estate Developer Sentenced To Federal Prison For Bank Fraud Conspiracy And Aggravated Identity Theft
by DOJ PressTALLAHASSEE, FLORIDA – Jennifer Woods, 46, of Panama City, Florida, and Jeffrey Cannon, 48, of Orlando, Florida, were sentenced on March 9, 2022, and today, respectively, after previously pleading guilty …
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TOMS RIVER, NJ – A developer, 27 Washington Street Associates wants to rebuild higher after a fire destroyed the former building located at the corner of Washington Street and Robbins …
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SHANGHAI -State-backed Chinese property developer Greenland Holdings said on Friday it plans to extend the repayment of its $488 million offshore bond maturing in June by one year, according to …
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California Real Estate Developer Faces Federal Charges for Using Stolen Identities to Obtain COVID-Relief Program Funds
by DOJ PressPORTLAND, Ore.—A federal indictment was unsealed today charging a California real estate developer with using stolen identities to fraudulently obtain more than $1.5 million in loans intended to help small …
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HONG KONG -Some of Sunac China’s bondholders had not received coupon payments from the property developer on a $750 million offshore bond by the close of Asia business on Wednesday …
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Damian Williams, the United States Attorney for the Southern District of New York, announced that JEFFERY N. CROSSLAND was sentenced yesterday to 51 months in prison, RAYMOND E. ROBINSON, a …
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Real Estate Developer Agrees to Plead Guilty to Bribery Related to $45 Million Government Lease and Other Preferential Contracts
by DOJ PressLOS ANGELES – A real estate developer has agreed to plead guilty to a federal criminal charge for offering to buy a million-dollar home for a Los Angeles County …
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GRAND RAPIDS, MICHIGAN – A man pleaded guilty to tax evasion arising from his near decade-long effort to prevent the IRS from collecting taxes he …
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HONG KONG – China’s Zhenro Properties said it has missed interest payments on two offshore bonds and expects four more defaults in the coming months due to the lockdown in …
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HONG KONG – China Vanke, the country’s No.2 property developer by sales, said on Thursday it expects its net profit to stabilise in 2022 after Chairman Yu Liang apologised to …
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Arizona Developer Agrees to Resolve Long-Running Clean Water Act Enforcement Action for Over One Million Dollars
by DOJ PressCHARLESTON, SOUTH CAROLINA — On Friday, March 18, 2022, U.S. District Court Judge David C. Norton of the U.S. District Court for the District of South Carolina approved a consent decree …
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Indiana Real Estate Developer and Property Manager Admits Ponzi Scheme to Defraud Investors of Millions of Dollars
by DOJ PressNEWARK, N.J. – A property developer and manager from Indiana today admitted his role in a scheme to defraud real estate investors, U.S. Attorney Philip R. Sellinger announced. Herbert Whalen, …
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JACKSON TOWNSHIP, NJ – A developer is proposing to build a 12-acre commercial warehouse subdivision just one mile north of the Adventure Crossing project where the township of Jackson had …