Moshe Silber is out of prison, but he is staring down a major financial hole.  The investor and his business partner, Fred Schulman, were ordered to pay $21.7 million in restitution to their lender, JLL. The pair pleaded guilty over a year ago to a mortgage fraud scheme in which they obtained an inflated loan for a 976-unit rental property in Cincinnati.  A lawyer for Silber and Schulman argued the duo did not owe any restitution to JLL, claiming that employees of the lender were well aware of the fraud. The defendants pleaded guilty in 2024 to a conspiracy to […]

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🏆 New Building: The largest new building permit last week was in Yorkville. Leo Hill of Hill West Architects, on behalf of developer SMA Equities, filed plans for a 314,712-square-foot, 86-unit complex at 207 East 84th Street. The project will stand 37 stories tall. Job Filing Number: M01325392-I1 📊 New Building: The second-largest new building permit filed was at 56 Great Jones Street in Noho. Lonicera Partners plans to construct a 135,845-square-foot, 88-unit building that will have 25 stories. Christopher Fogarty of Fogarty Finger is the architect. Job Filing Number: M01335408-I1  📊 New Building: The third-largest new building permit filed […]

This article originally appeared on The Real Deal. Click here to read the full story.

As the lights get taken down and the trees get placed by the curb, final 2025 market data has started to be tallied and published. The early returns show the balance of power in the world’s most valuable office market has shifted back to landlords.

Maternity benefits in many commercial real estate companies have improved, but women in the brokerage business often face the stark reality of missing out on income or even losing clients when they have children.
While many commercial real estate firms and brokerages offer maternity and paternity leave for staff that measure up with the traditional benefits packages found in corporate America, brokers find themselves in a challenging position due to their status as independent contractors. 
“Because most brokers are 1099, when they’re not working, they’re not earning,” said Allison Weiss, CEO of CRE Recruiting. “Their clients are at risk of being poached…

Tokyo is concerned at signs that Beijing may be laying the groundwork to restrict access to the metals vital to manufacturing.

The central bank faces two major hurdles early on in 2026 that will determine the extent to which it operates free of political meddling.

Policies meant to lure importers to Hainan, a resort island off China’s coast, signal an opening up, Beijing says. One expert calls it a “bait and switch.”

The hotel giant said it took “immediate action” against a Hampton Inn near Minneapolis after a video showed a worker declining Department of Homeland Security reservations.

Four months after abruptly shutting down all of its locations, a members-only coworking and social club is on the comeback trail after being bought by a global hospitality group.

The Securities and Exchange Commission has charged the senior leadership team of a financial planning company based in Alpharetta, Georgia, for carrying out a four-year Ponzi scheme that defrauded investors out of hundreds of millions of dollars. 
Drive Planning’s former chief operating officer, David Bradford, and former Indiana branch head, Gerardo Linarducci, received civil charges Dec. 19 from the U.S. Attorney’s Office in the Northern District of Georgia. Founder and CEO Russell Todd Burkhalter has been named in connection. The SEC is seeking permanent injunctions, civil penalties and disgorgement with prejudgement interest, which means the accused would have to pay back the money plus interest.
Drive Planning’s…