TPG and ACORE secure $5B and $1.1B, respectively, targeting opportunities amid real estate loan maturities and refinancing challenges.
Mitch Kossoff knew he was committing a cardinal sin when he first dipped into his law clients’ escrow funds to prop up his struggling businesses. But he justified it by telling himself what desperate people in similar situations often do: It’s just for a little bit. “The idea in my mind, as sick as it was and inappropriate as it was, is that ultimately I could grow my law firm and be able to have more than enough money to repay the monies I took,” the disgraced real estate attorney told members of his parole board in July. “But of […]
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The brokerage firm’s revenue was up 13%, but it revised its outlook for the rest of this year downward and provided a wide range for 2027.
After a $6.3 billion hack, the company said it was going to reimburse customers who have losses.
A law enacted after a brazen scheme to rig onion prices in the 1950s puts the vegetable, as well as box office receipts, off-limits for prediction markets.
The largest cyber heist in history came as attackers increasingly use artificial intelligence and other advanced techniques to steal crypto and quickly launder the funds.
The mortgage REIT lost $85.4M in the third quarter, widening losses this year as debt costs squeeze borrowers.
Hackers made off with around $6 billion in digital currency in what could be the biggest crypto heist in history. Binance said it will cover the losses.
It took five years and a significant pricing reduction, but Madison Capital and Lubert-Adler finally dumped the leasehold interest at 71 Fifth Avenue. Namdar Realty Group bought the leasehold at the Class B office building for $62 million, the Commercial Observer reported. The deal was finalized last week, according to Traded, which first reported the transaction. The 11-story property straddles the Flatiron and Union Square submarkets. Igal Namdar has approximately 90 years left on the lease; the landowners are Samco Properties and the family of Mark Lapidus, who was the global real estate chief of WeWork. A Meridian Capital Group […]
This article originally appeared on The Real Deal. Click here to read the full story.
The case, brought by an 18-year-old Mississippi woman and set for trial next week, was the fourth of nine bellwether personal injury lawsuits.