Real Estate

Monterey Peninsula Real Estate News

Kushner firm shifts court venue to keep partner names secret
Posted on Friday February 09, 2018

NEW YORK (AP) - The company once run by Jared Kushner is moving a court case to a new venue so it won't have to reveal the identities of investors backing some of its real estate projects.

The Kushner Cos. is moving a case involving Maryland apartment complexes it owns with foreign partners from federal court to state court.

Report: Airbnb reduces housing availability, drives up rents
Posted on Monday January 29, 2018

ALBANY, N.Y. (AP) - A report from critics of Airbnb says the vacation rental website is driving up home rental prices and reducing housing availability in New York City.

The analysis published Monday comes from a researcher at McGill University in Montreal and was commissioned by the Hotel Trades Council, a hotel worker union.

Firm accused of duping investors in house-flipping venture
Posted on Thursday January 18, 2018

SANTA ANA, Calif. (AP) - A California real estate firm and its executives are accused of siphoning off proceeds from a venture financed mostly from investors' retirement savings.

The Orange County Register reports the U.S. Securities and Exchange Commission filed the complaint against Hoplon Financial Group and its two top executives - founder and CEO Daniel Benjamin Vazquez Sr.

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