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Category: Real Estate

Why Businesses Should Take Note

Posted on September 29, 2023September 29, 2023 by Thomas Powell

Alexei Dulub is the founder and CEO of PixelPlex, an R&D company powering meaningful digital transformation across industries. Though tokenization isn’t a novel concept, recent years have witnessed a resurgent interest in it. As businesses increasingly align with the Web3 paradigm, entities ranging from financial institutions to asset managers are exploring tokenization’s potential. In essence,…

Opinion | Was Trump’s Real Estate Hype Fraud or Just Business as Usual?

Posted on September 29, 2023 by Thomas Powell

The New York attorney general’s lawsuit against Donald Trump over his real estate business hinges on one question: Where does puffery end and fraud begin? To put it differently, how much can Mr. Trump overstate what he’s worth before he crosses the line into illegality? There’s no doubt that Mr. Trump vastly exaggerated his net…

Real Estate Broker Gets House Arrest in Homeless-Shelter Bribery Scheme

Posted on September 29, 2023 by Thomas Powell

A New York real estate broker was sentenced to nine months of house arrest this week for paying a former shelter operator hundreds of thousands of dollars in a yearslong bribery scheme to profit from city funding meant for homeless people. The broker, Sheina Levin, 61, owned a real estate company in Brooklyn. As the…

New trouble roils China Evergrande, fueling real estate crisis fears

Posted on September 29, 2023 by Thomas Powell

HONG KONG — Just a few weeks ago, China Evergrande, the world’s most debt-saddled real estate developer, was writing its next chapter and working to resolve financial disputes with its creditors. Then a stream of bad news came, and the pages were torn up. Staff at the company’s wealth management arm have been detained by…

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