HONG KONG – Some 1.1 billion yuan ($174 million) of asset-back notes guaranteed by Shimao Group may not be redeemed on maturity next month, the trustee of the notes said …
Topic:
developer
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BOSTON – A Tewksbury real estate developer was sentenced yesterday in federal court in Boston for defrauding the government of more than $480,000 by engaging in a multi-year tax evasion …
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HONG KONG – Shares of cash-strapped Chinese property developer Shimao Group eased on Thursday, after it sought to extend payments of a $947 million trust loan and reports said that …
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BEIJING – Chinese Developer Yango Group Co Ltd has reached agreement with investors to delay a 40 million yuan ($6.29 million) onshore coupon payment by six months, a source with …
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HONG KONG – Shares of cash-strapped Shimao Group rose on Monday after the Chinese developer and its chairman sold a Shanghai hotel and a stake in a Hong Kong development, …
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Burlington County Prosecutor Scott Coffina announced that a New York developer who purchased a historic Riverside commercial building to create luxury apartments in the seven-story landmark has pled guilty to …
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A major credit ratings firm declared that real estate giant China Evergrande was in default on Thursday, creating the potential for the communist country’s financial system to take a significant …
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Raleigh Real Estate Developer Sentenced to Decade in Prison for Real Estate Ponzi Scheme and Firearm Possession Charges
by DOJ PressRALEIGH, N.C. – A Raleigh man was sentenced today to ten years in prison on charges of Wire Fraud, in violation of Title 18, United States Code, Section 1343, and …
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Toms River extends the deadline for hi-rise developer to build more downtown apartments
by Phil StiltonTOMS RIVER, NJ – With no solid plan on the table to build more hi-rise apartment complexes in Downtown Toms River, the township council voted to extend the timetable for …
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A Dallas real estate developer was sentenced today to eight years in federal prison for bribing two former Dallas City Council members, Carolyn Davis and Dwaine Caraway, Acting U.S. Attorney …
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Flemming hosts private fundraiser at Golf Course owned by Lakewood developer, courts Orthodox bloc vote
by Phil StiltonDays 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 …