
Bridges Development lands retail-office building in Brooklyn for $31M
Bridges Development Group has snagged a three-story retail and office complex in south Brooklyn for $31 million, a third of what it traded for six years ago. The Manhattan-based investor bought the 226,130-square-foot Kingswood Center at 1630 East 15th Street, in Midwood, Crain’s New York reported.

Jed Walentas, Tom Brady’s ex-manager abruptly settle legal battle over Bahamas mansion
A game of catch-me-if-you-can between Jed Walentas and Tom Brady’s former manager over a hurricane-damaged Bahamas mansion has come to an abrupt end. The Two Trees Management CEO had been trying to collect a $300,000 arbitration award from Will McDonough since last July, but repeatedly failed to loc

Arbor accused of dangling refinance before foreclosing on Georgia apartments
The former owners of a Georgia apartment complex sued Arbor Realty Trust for allegedly locking them into a high-interest loan with the promise of refinancing, only to lead the owners into foreclosure and buy the property from them at auction. Brothers Yisroel and Hanoch Cimerring, who bought the 474
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