Philadelphia real estate developer, who used to work for the Biltmore Estate, is accused of using fake credentials to rent out hotel properties

Biltmores owner George Koehler is accused by a federal grand jury of illegally using a fake email account to rent luxury properties out to investors.In a criminal complaint unsealed Wednesday, the Justice Department alleges that Koehlers real estate firm, Koechler Properties, rented out properties in Philadelphia, New York, and Maryland for more than a decade.The […]

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U.S. House passes $1.9B estate tax relief package

The House of Representatives on Thursday passed a $1 billion package of tax relief that would ease the burden on some of the wealthiest Americans.The measure, passed with bipartisan support, also includes $100 million to help the families of Americans who die in car accidents.The House passed the measure after a daylong debate in which […]

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Phoenix: Property sales for years, with an estate sale coming this year

Phoenix – Estate sales for four years have been reported in Arizona and New Mexico, and in the Phoenix metropolitan area, according to the Real Estate Board of Greater Phoenix.The four-year estate sales period ends Sept. 30, 2018.That means the Phoenix and Las Vegas metro areas have been selling homes in anticipation of the 2018 […]

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How a Miami real estate mogul turned a luxury hotel into a global hotel chain

The Miami-based mogul who built a $150 million luxury hotel empire with the help of a string of investors has been charged with racketeering, authorities said Tuesday.Shuhei Yoshimura, the chairman and CEO of the Mitsubishi Group, faces a number of charges including conspiracy, wire fraud, money laundering and racketeering.The charges come days after he was […]

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