Finance & Mortgage

British Businessman, David Ames, Accused of Taking $452 Million From Investors and Failed To Build Luxury Homes

British businessman allegedly took £300 million, nearly $452 million, of investors' money without building the thousands of luxury homes that were promised, reported The Daily Mail.

John Jacobsson New Executive Vice President at NY Real Estate firm Related Cos.

John Jacobsson is the new executive vice-president at The Related Companies L.P., the real estate firm based in New York City, reported The Wall Street Journal.

Bank of America Sells Wake Forest University Charlotte Center For $72.5 Million to Alliance Partners

Bank of America Corp reportedly sold Wake Forest University Charlotte Center building to Alliance Partners, affiliate of the commercial real estate investment firm The Schidler Group, for $72.5 million, reported Charlotte Business Journal.