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He Runs a New York Real Estate Empire. Did He Steal It?
In excess of the earlier dozen many years, Sanford Solny has developed a New York actual estate empire, snatching up smaller residential properties throughout the city that churn out hundreds of countless numbers of pounds in hire. His portfolio would be enviable but for one thing — a lot of it, prosecutors and home owners contend, was stolen. In legal rates and lawsuits, they have accused him of fraud: supplying to support homeowners facing foreclosure by arranging to spend off their home loans, although essentially tricking them into signing more than their structures at discount-basement charges. In virtually every single circumstance, the house loan was under no circumstances paid out,…
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California man touts business empire built of Philly rowhouses bought at sheriff’s sales. Some are skeptical.
When Tylisha Slaughter learned that the West Philadelphia rowhouse she rented was going to be auctioned off in a sheriff’s sale, she sensed opportunity. Slaughter, now 30, aimed to buy the home near Cobbs Creek Park on the cheap and restore it from the “slumlord”-like conditions she, her boyfriend, and her two young children had been living in. But on the day of the sale, she said, she found herself up against an out-of-towner with lots of money to spend: Brandon “Dutch” Mendenhall. “He outbid me,” said Slaughter, whose rent has risen from $700 to $900 since Mendenhall’s RAD Diversified REIT became her new landlord in late 2019, even as…
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Trump’s Real-Estate Empire Pays the Price for Poisonous Politics | Top News
(Reuters) – Former U.S. president Donald Trump’s slashing rhetorical design and style and divisive politics allowed him to primarily consider more than the Republican Celebration. His supporters are so devoted that most think his untrue assert that he dropped the 2020 election because of voter fraud. But the identical tactics that have motivated fierce political loyalty have undermined Trump’s organization, crafted all over genuine-estate growth and branding bargains that have allowed him to make thousands and thousands by licensing his title. Trump’s business enterprise brand name was when synonymous with prosperity and success, an graphic that now clashes sharply with a political manufacturer rooted in the anger of his mainly…
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