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New renovation plans for Downtown St. Louis Chemical Building - Vimarsana News

New renovation plans for Downtown St. Louis Chemical Building

The historic building at 777 Olive St. would be renovated into a dual-brand hotel under the Residences Inn and SpringHill Suites flags, according to plans sent out.

Source: ksdk.com
Co-defendants won't have to cooperate in mortgage fraud case - Vimarsana News

Co-defendants won't have to cooperate in mortgage fraud case

The misdemeanor plea deals for three co-defendants do not add to troubles for an upstate New York developer facing federal felony charges in what once was called a "wide-ranging mortgage fraud scheme."

New indictment against Rochester developer Bob Morgan and 3 others - Vimarsana News

New indictment against Rochester developer Bob Morgan and 3 others

PHOTO BY JACOB WALSH A Morgan Communities property, The Nathaniel apartment complex, at the corner of South Avenue and Court Street. Federal authorities have announced that a grand jury has returned a new indictment against Rochester developer Robert Morgan and three others. The U.S. Attorney’s office says a 104-count indictment has been filed, charging Robert Morgan, Todd Morgan, Frank Giacobbe, and Michael Tremiti with conspiracy to commit wire fraud and ba...

Morgan Properties and Olayan America Acquire Massive 14,414-Unit Multifamily Portfolio Across Eleven States for $1.75 Billion - Vimarsana News

Morgan Properties and Olayan America Acquire Massive 14,414-Unit Multifamily Portfolio Across Eleven States for $1.75 Billion

KING OF PRUSSIA, PA - Morgan Properties, the nation's largest private multifamily owner, announced it has acquired, in partnership with Olayan America, a portfolio of 48 apartment communities and 14,414 units in 11 states for $1.75 billion. The Morgan Properties and Olayan America joint venture purchased the North Star Portfolio from STAR Real Estate Ventures, a joint venture between El-Ad National Properties, LLC and Yellowstone Portfolio Trust. The North Star acquisition is the largest multifamily transaction this year and Morgan Properties’ largest deal since acquiring the Morgan Commun...