San Jose Data Center Bought by Big California Real Estate Firm What It Means for the Future

San Jose Data Center Bought by Big California Real Estate Firm What It Means for the Future

A big real estate company in California has just bought a data center building in San Jose for $9.5 million. This move shows that investors are still very interested in data centers, especially with the growing demand for cloud services and artificial intelligence (AI). Overton Moore Properties, a well-known real estate firm, bought the building … Read more

Real Estate Firm Settles for $680K in Pandemic Loan Fraud Case What Really Happened?

Real Estate Firm Settles for $680K in Pandemic Loan Fraud Case What Really Happened?

A big real estate company, Lafayette RE Management, and its founder, Thibault Louis Philippe Adrien, just settled a case with the U.S. Justice Department for allegedly misusing federal pandemic loans. They didn’t admit to doing anything wrong but agreed to pay $680,000 to make the case go away. Here’s what went down: Accusations of Fraud … Read more