A real estate investor with ties to embattled attorney and dealmaker Mark Nussbaum is waving the white flag after getting hit with a barrage of lawsuits and foreclosures. Monsey, New York-based investor Jacob Tauber rapidly assembled a portfolio of office and mixed-use commercial properties in Newark, New Jersey, between 2018 and 2019, before moving on to Chicago to do business with his father and Nussbaum. But Tauber filed for Chapter 7 bankruptcy twice in the last year, claiming to have $119 million in liabilities from unsecured debts and legal judgments including foreclosures against his New Jersey real estate portfolio. At […]
This article originally appeared on The Real Deal. Click here to read the full story.