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Chris Pine Sues Luxury Developer Over $100K Rental Deposit
Actor Chris Pine is suing a high-profile luxury developer in Brooklyn, claiming the developer has failed to return a $100,000 deposit on a rental deal that fell through. The “Star Trek” actor alleges in a lawsuit that Carlos Saavedra and his firm, Eckstrom, are improperly holding $100,000 following the collapse of negotiations for a townhouse…
Sammaan Capital says PIL-linked probe does not name it as an accused | Finance News
Sammaan Capital on Tuesday said it is not an accused in any investigation arising from allegations made in a public interest litigation (PIL) concerning its erstwhile promoter Sameer Gehlaut. In a stock exchange filing, the lender said the Economic Offences Wing (EOW) of the Delhi Police, in a status report filed on…
Hong Kong considers widening tax reforms to trading firms
It also comes as Hong Kong competes with Singapore, New York and Miami for high-end financial talent. Credit: Pushish Images/Shutterstock.com Hong Kong is considering extending planned tax reforms for the investment industry to proprietary trading firms such as Jane Street and Citadel Securities, the Financial Times has reported. The move is part of the city’s…
Investor exodus begins as landmark rental home ban kicks in
The sellers making their move The largest landlords — Progress Residential, Invitation Homes, AMH, Tricon, FirstKey, Amherst, and VineBrook — are all net sellers year to date, with 3,180 more homes sold than bought since January 1. Together, that cohort controls roughly 589,000 homes, equal to approximately 3.9% of the nation’s 14 million single-family rentals,…
Compass Coffee Says It Lacks Cash For Bankruptcy Plan, Seeks To Toss Case
Local coffee chain Compass Coffee LLC says it is nearly out of cash after filing for bankruptcy in January and selling substantially all of its assets to U.K.-based coffeehouse chain Caffè Nero. Photo credit: Bisnow/Emily Wishingrad Compass Coffee opened a location at 82 I St. SE in Navy Yard in the fall of 2024. Compass…
Savills underlying profit jumps 47% as transactional revenue rises
Stronger performance in North America helped drive Savills’ 47% rise in underlying profit, alongside an improvement in transactional activity. CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe Now Already have an account? Log in …
