Developer Bill Hutchinson has sold a Miami mansion and has listed two other properties as he faces sexual assault charges. Hutchinson sold the Miami property for $10 million, according to the New York Post. The 2009-built home first hit the market last fall asking $8.2 million. He purchased the home in 2016 for $5.6 million. The mansion totals 12,000 square feet with six bedrooms and seven bathrooms.

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Bill Hutchinson Selling Homes Amid Sexual Assault Charges

Investors continued to sell off shares in China’s real estate companies, wary of Beijing’s ongoing effort to stabilize the sector. The Hong Kong Stock Exchange’s property index, which tracks 52 real estate companies, fell 4.9 percent on Thursday to close at its lowest level since 2017, according to the Wall Street Journal.

Investors Sell Off Chinese Real Estate Stocks

In an attempt to reverse decades of economic decay and attract investment, a city outside Pittsburgh is dangling a major incentive on its vacant homes. Monessen Mayor Matt Shorraw said his administration will wipe out back taxes on properties if a new owner commits to cleaning them up and renovating, according to the Wall Street Journal.

Pennsylvania Town “Gives Away” Homes To Attract Investment

Credit Suisse Group AG is partnering with investment firm MARK on a European rental investment venture called DOMA. The partners aim to raise an initial 350 million euros for the fund, the equivalent of $414 million, according to Bloomberg. DOMA is targeting single-family homes and small multifamily buildings and wants to eventually acquire a portfolio worth 1 billion euro.

Credit Suisse, MARK Partner on Europe Rental Housing Fund

London fire officials say more than a thousand buildings in the British capital are now unsafe in the event of a fire, with a large majority of those suffering from the same problem that contributed to the deadly Grenfell Tower blaze.

London Now Has Over 1,000 Buildings Deemed Unsafe In A Fire

A Los Angeles jury convicted Robert Durst on Friday of murdering his best friend 20 years ago in a case that took on new life after the New York real estate heir participated in a documentary that connected him to the slaying linked to his wife’s 1982 disappearance.

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NY millionaire Robert Durst guilty of best friend’s murder

A George Comfort & Sons office campus in Westchester County is on the auction block. The Manhattan-based office landlord’s four-building suburban office complex called the Centre at Purchase is scheduled to be sold in a UCC foreclosure auction at 2 p.m. Monday, Sept. 20, according to a public notice. The company has owned the 42.

George Comfort & Sons Westchester Office Campus Faces Auction

Taconic Capital Advisors filed a $400 million suit against Wells Fargo alleging the financial giant failed to protect its investment in residential mortgage-backed securities, despite knowing many of the loans could be worthless.

$400M Suit Says Wells Fargo Failed to Protect RMBS Investor

Nancy Salzman, who helped run a purported self-help group that prosecutors say doubled as a secret high-ranking New York sex cult, was sentenced Wednesday to 3.5 years in prison, according to The New York Times.

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