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LPM Apartments near Loring Park fetch $74 million finance-commerce.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finance-commerce.com Daily Mail and Mail on Sunday newspapers.
Northeastern University to lease new space in Charlotte, building permits show bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
PEORIA The former owners of the Hotel Pere Marquette were indicted this week on charges of money laundering and mail fraud. A 26-page indictment, returned late Tuesday, accuses Gary Matthews and Monte Brannan of diverting $750,000 of hotel funds to themselves after the hotel went into foreclosure. They are accused of taking approximately $1.6 million away from the hotel s bank accounts and putting it into their own. The charges allege the two men caused $13.8 million to be moved from a hotel management account into an account they controlled. The project has become an albatross around City Hall s neck after the project was foreclosed upon, leaving taxpayers on the hook for between $7 to $8 million. ....