Bargains abound in LA's top 10 multifamily sales for 2024Multifamily investment activity in Los Angeles County decreased significantly in 2023-2024 due to new taxes and high borrowing costs.
Bukele clan fumes over investigation exposing their new wealthPresident Bukele defends family wealth as independent journalists investigate their $9 million property acquisitions and reject allegations of corruption.
EQT Exeter Spends $197M to Buy Inland Empire IndustrialEQT Exeter purchased a warehouse in Fontana for $197 million at $240 a square foot.Investors are still actively investing in industrial properties despite the slowdown in leasing activity from the peak in 2021.
Hal Fetner Sold Remaining Stakes To Empire State Realty TrustHal Fetner sold stakes in multifamily buildings to ESRT and is in contract to buy two properties on the Upper East Side.Fetner is actively developing rental buildings in Long Island City and Upper West Side, benefiting from the 421a tax break.
Tory donor's cash links to properties in High Court money laundering probeTory donor linked to property purchases using alleged criminal proceedsComplex money laundering scheme involving shell companies and false accounting