Frederick, MD – Ruppert Properties has sold a 90,000-square-foot industrial building at 7201 McKinney Circle in Frederick to X-energy Reactor Company, LLC, which plans to convert the property into a …
properties
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New Jersey News
Which Open Space Properties Should be Saved from Development in Brick? Town Wants Your Input
BRICK, N.J. — Brick Township is inviting residents to weigh in on which open spaces should be preserved and what recreational amenities should be prioritized as officials update the town’s …
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Breaking News
U.S. Justice Department Targets Properties in New York Bought with Mongolian Corruption Proceeds
NEW YORK, NY — The Justice Department has initiated a civil forfeiture action for two New York City apartments, alleging they were acquired with $14 million derived from an international …
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Lacey, NJ – A Lacey Township resident has taken legal action against the local government’s decision to sell two historic buildings, presenting a “Cease and Desist” letter to the Mayor …
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Breaking News
New Jersey Assembly Committee Passes Bill to Revitalize Vacant Shore Properties
by Indira Patelby Indira PatelTRENTON, NJ – A new bill, passed by an Assembly committee, aims to stimulate investment in vacant properties along the Jersey Shore. Sponsored by Assemblymen Sean Kean and Ned Thomson, …
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MIsc. News
Wanda Properties says extension on $600 million bond repayment gains early consent from holders
by Reutersby ReutersBEIJING (Reuters) – Chinese real estate firm Wanda Properties International, a unit of conglomerate Dalian Wanda Group, said on Thursday it had received early consent approval from bondholders to extend …
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MIsc. News
Boston Properties to sell interest in two assets valued at about $1.7 billion
by Reutersby Reuters(Reuters) -Real estate investment trust Boston Properties on Tuesday agreed to sell a 45% interest in two Massachusetts-based life sciences development properties to Norges Bank Investment Management at a gross …
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COPENHAGEN (Reuters) – Norway’s sovereign wealth fund on Tuesday said it had agreed to buy a 45% stake in two properties in Boston in a joint venture with U.S. based …
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Business News
Chevron offers to sell oil and gas properties in New Mexico, Texas
by Reutersby ReutersHOUSTON (Reuters) – Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to marketing documents seen by Reuters, as the U.S. oil major …
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Business News
Regency Centers to buy Urstadt Biddle Properties in $1.4 billion deal
by Reutersby Reuters(Reuters) -Shopping mall operator Regency Centers Corp said on Thursday it has agreed to buy Urstadt Biddle Properties Inc in an all-stock deal valued at about $1.4 billion, including the …
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Business News
Carrefour Brasil in talks with Barzel Properties over $260 million deal
by Reutersby ReutersSAO PAULO (Reuters) – Carrefour Brasil said on Thursday it has entered into exclusive talks with Barzel Properties for the sale of five distribution centers and five stores for 1.3 …
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Business News
Landlords raise rent on more than half of properties in England: ONS
by Reutersby ReutersBy Suban Abdulla LONDON (Reuters) – Private-sector landlords in England increased rents on more than half of homes in the year to February, up from just over a third a …
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US and World News
Exclusive-After $15 billion award, sultan’s heirs target Malaysian properties in Paris
by Reutersby ReutersBy Rozanna Latiff KUALA LUMPUR (Reuters) -French bailiffs attempted to enforce a seizure order on three Paris properties owned by the Malaysian government in a case linked to a $15 …
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New York NewsPolice Blotter
Civil Forfeiture Complaint Filed Against Six Luxury Real Estate Properties Involved In Sanctions Evasion And Money Laundering
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, Andrew C. Adams, the Director of Task Force KleptoCapture, Ivan J. Arvelo, the Special Agent in Charge …
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Business News
Blackstone to sell stake in MGM Grand, Mandalay Bay to VICI Properties
by Reutersby Reuters(Reuters) -Blackstone Inc will sell its 49.9% stake in the joint venture that owns the MGM Grand Las Vegas and Mandalay Bay resorts to co-owner VICI Properties Inc for about …
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Department of Justice Press Releases
Justice Department Resolves Disability Discrimination Lawsuit Against Housing Authority of New Orleans Properties
by DOJ Pressby DOJ PressWASHINGTON – The Department of Justice announced today that the Housing Authority of New Orleans (HANO) and seven private developers have agreed to pay $250,000 to settle claims that they …
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JERUSALEM (Reuters) – Online travel agency Booking.com has added safety labels to listings in the occupied West Bank, which Israel, having initially opposed the move, welcomed for not singling out …
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US and World News
Germany raids Russian oligarch’s properties in money-laundering probe
by Reutersby ReutersROTTACH-EGERN, Germany (Reuters) – German police raided a lakeside villa registered to Russian-Uzbek oligarch Alisher Usmanov in the southern state of Bavaria on Wednesday as part of investigations into suspected …
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Top HeadlinesUS and World News
U.S. agents search New York properties linked to sanctioned Russian oligarch -NBC
by Reutersby ReutersNEW YORK (Reuters) – U.S. law enforcement agents on Thursday searched New York properties linked to Viktor Vekselberg, a sanctioned billionaire Russian oligarch, NBC New York reported, as Washington seeks …
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Department of Justice Press Releases
Owner of Lighthouse Properties Sentenced to Prison Time for Wire Fraud
by DOJ Pressby DOJ PressLYNCHBURG, Va. – The former owner of Lighthouse Properties of Virginia was sentenced today to 42 months in federal prison in connection with an embezzlement scheme in which he stole …
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Business News
Potomac Edison Offering Utility-Owned Chargers for Multifamily Properties
by Your Newsby Your NewsCompany to install and maintain up to seven Level 2 charging stations across Maryland service area WILLLIAMSPORT, Md., June 14, 2022 — Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: …
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Business News
INNOVATIVE INDUSTRIAL PROPERTIES, INC. (NYSE: IIPR) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Innovative Industrial Properties, Inc. (NYSE: IIPR)
by Your Newsby Your NewsDid you lose money on investments in Innovative Industrial Properties? If so, please visit Innovative Industrial Properties, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or The Daily Caller News Foundation …
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Business News
VACANT ZOMBIE PROPERTIES RISING IN SECOND QUARTER AMID JUMP IN FORECLOSURE ACTIVITY
by Your Newsby Your NewsZombie Foreclosures Up 3 Percent from First to Second Quarter of 2022 as Foreclosure Activity Increases 13 Percent; Increase in Empty Properties Facing Foreclosure Marks First Gain in a Year; …
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Business News
INNOVATIVE INDUSTRIAL SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Innovative Industrial Properties, Inc. – IIPR, IIPR-PA
by Your Newsby Your NewsNEW ORLEANS, May 27, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until …
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Department of Justice Press Releases
Baltimore Business Owner Pleads Guilty to Conspiracy to Commit Wire Fraud in Relation to the Sale of Two Baltimore Properties
by DOJ Pressby DOJ PressBaltimore, Maryland – Philip Abramowitz, age 50, of Pikesville, Maryland, pleaded guilty yesterday to conspiracy to commit wire fraud. As part of his guilty plea, Abramowitz will be ordered to …