In January 2023, Shopoff Realty Investments received unanimous approval from the city of Fullerton, California, to redevelop this 14-acre property with an aging shopping center. Later in 2023, Shopoff sold the land approved for 49 small-lot detached homes and 64 townhome...
In 2019, Heritage Equity Partners defaulted on a $68 million loan for the Williamsburg Hotel. That property is now in the process of heading toward receivership. Lenders to Maefield Development’s hotel at 20 Times Square have also sought to foreclose on $650 million in loans that were made ...