Zhang Li is alleged to have “provided kickbacks and funds to co-conspirators in order to obtain the appropriate permits for a construction project,” according to a court listing.
Fortress Investment Group and Metro Loft Management are nearing a deal to acquire a stake in the 30-story Financial District building, with plans to redevelop it into housing, according to people familiar with the matter.
Prologis executives are forecasting a significant drop in U.S. warehouse development. GlobeSt.com looks at the best cities for women in commercial real estate professions. These are among today’s must reads from around the commercial real estate industry.
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