Cumberland woman arrested after entering condemned property marked ‘No Trespassing’
Cumberland, MD – A 47-year-old woman was arrested Saturday afternoon after officers found her inside a condemned property on Pulaski Street that was clearly posted with warnings prohibiting entry. Around 12:00 p.m.,…
Agoura Hills Property Developer Sentenced to Nearly 3½ Years in Prison for Lying on Bankruptcy Petition and Filing False Federal Tax Returns
LOS ANGELES – An Agoura Hills real estate developer was sentenced today to 41 months in federal prison for failing to disclose on a bankruptcy petition that he had earned nearly $2.3…
Property owner sentenced for lying about lead hazards
BUFFALO, N.Y. — U.S. Attorney Trini E. Ross announced today that Angel Elliot Dalfin, 58, of Buffalo, NY, who was convicted of making a false document, was sentenced to serve five years’…
Buffalo Men Charged with Weapons and Stolen Property Possession
BUFFALO, NY – Dreon D. Jones, Jajuan J. Hunt, Kevin L. Tucker, III, and Kahill J. Reeves were arraigned last Saturday on charges including Criminal Possession of a Weapon and Criminal Possession…
Ping An loses $2.1 billion in market value, China property rallies on Country Garden rescue report
HONG KONG (Reuters) – China property stocks rallied and Ping An Insurance Group shares slumped to a one-year low on Wednesday after Reuters reported Chinese authorities had asked the firm to take…
Prefabricated home shipments on the rise in a pricey property market
By Amina Niasse NEW YORK (Reuters) – Some Americans who have been priced out of the tight residential real estate market are turning to prefabricated homes, helping to power a nascent recovery…
Suspect Charged for Assault During Property Dispute
CUMBERLAND, MD — A local altercation escalated into an arrest after a reported assault occurred within a Cumberland residence on November 2. Steven Richard White, a 52-year-old resident of Wendover, Utah, was…
Hamburg skyscraper construction halted in grim sign for German property sector
By Tom Sims FRANKFURT (Reuters) – Construction of one of Germany’s tallest buildings has suddenly halted midway after the developer stopped paying its builder, yet another ominous sign for the nation’s troubled…
Skanska misses profit view as property market slump bites
By Niklas Pollard STOCKHOLM (Reuters) – Swedish builder Skanska reported third-quarter earnings far below market expectations on Wednesday as weak property markets took a toll in the shape of asset writedowns and…
ANCHOR Property Tax Relief Outreach Team to Begin Door-to-Door Visits in North Jersey
CRANFORD, NJ – The New Jersey Department of the Treasury is deploying the ANCHOR Property Tax Relief Outreach Team to assist residents with property tax applications through door-to-door visits. Starting September 26,…
Suspect in Holiday Inn Auto Burglary Found with Gun, Stolen Property
GLEN BURNIE, MD – On Friday, officers responded to a theft report from an auto at the Holiday Inn Express. The Holiday Inn is located at 1510 Aero Drive in Linthicum. Around…
Bain Capital forms $250 million industrial property JV with China’s DNE Group
BEIJING/SYDNEY (Reuters) – Bain Capital and Chinese industrial real estate developer and operator DNE Group said on Tuesday they formed a joint venture with a $250 million equity commitment, as the U.S.…
China’s troubled property sector to face more debt defaults
By Xie Yu HONG KONG (Reuters) – More debt defaults are likely to emerge in China’s property sector as troubled developers struggle with a weak home sales outlook, while fund raising remains…
China property market shows little signs of revival despite stimulus
By Clare Jim and Liangping Gao HONG KONG/BEIJING (Reuters) – China’s troubled property market is showing little signs of a recovery in the short term despite a series of government stimulus measures…
IMF says China property slowdown will weigh on Asia’s growth
By Xinghui Kok SINGAPORE (Reuters) – The International Monetary Fund (IMF) downgraded its 2023 and 2024 growth forecasts for China, saying its recovery was “losing steam” and citing weakness in its property…
China’s falling property sales, investment weigh on recovery
By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s property sales and investment posted double-digit declines as efforts to support big cities failed to bolster confidence in an industry struggling to…
Exclusive-German builders to confront Scholz with demands to stem property rout
By Tom Sims and John O’Donnell FRANKFURT (Reuters) – German Chancellor Olaf Scholz is facing fresh demands to stem a property crisis in Europe’s largest economy after a recent summit aimed at…
Good News for New Jersey: ANCHOR Property Tax Relief Payments to Begin Tomorrow
TRENTON – Governor Phil Murphy and Treasurer Elizabeth Maher Muoio have confirmed that the initial round of ANCHOR Property Tax Relief payments for the tax year 2020 will commence tomorrow. Over 700,000…
Ithaca Man Convicted at Bench Trial of Wire Fraud and Engaging in Transactions in Criminally Derived Property
SYRACUSE, NEW YORK – Ejembi Onah, age 60, of Ithaca, New York, was convicted yesterday at the conclusion of a non-jury trial of two counts of wire fraud and three counts of…
WMATA Employee Charged with Extortion and Bribery Connected to Surplus Property Sales
WASHINGTON, D.C. – A WMATA employee, Tyrone Hunter, 52, of Seat Pleasant, MD, has been charged with two counts each of extortion and bribery related to federal programs. The indictment alleges that…
Australia’s central bank sees risks mounting in global markets, China property
SYDNEY, Oct 6 (Reuters) – Australia’s economy is well placed to weather strains in global financial markets, though the risks of a “disorderly” slide in asset prices or a slowdown in China…
Inkster Mayor Indicted on Bribery Charges for Facilitating Property Sale
DETROIT, MI – Mayor Patrick Wimberly of the City of Inkster faces federal bribery charges for accepting monthly cash payments to ensure the sale of city-owned property, announced United States Attorney Dawn…
Queens Couple Attacked After Telling Woman to Leave Their Property
QUEENS, NY – Police are requesting the public’s assistance in identifying a female wanted in connection with an assault that occurred on Thursday, August 31, 2023, at around 7:40 p.m. A 53-year-old…
These New Jersey Counties Have the Highest Property Taxes in America
NEWARK, NJ – If you’re counting pennies during the Biden inflation boom, you might not want to be living in North Jersey, where residents are paying the highest property taxes in America.…
China to avoid ‘Lehman moment’ despite property woes, Goldman says
By Saeed Azhar NEW YORK (Reuters) – The Chinese government’s support of banks hit by property woes will enable it to avert a financial crisis like the one in 2008 that was…
Moody’s cuts China property sector’s outlook to negative
(Reuters) – Moody’s on Thursday cut China’s crisis-hit property sector’s outlook to negative from stable, citing economic growth challenges the ratings agency said would dampen sales despite government support. Moody’s said it…
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