January 11, 2025 - 11:43

Erden Arkan, a prominent figure in Brooklyn's real estate scene, entered a guilty plea on Friday to a conspiracy charge connected to a campaign finance scheme. The allegations state that Arkan collaborated with a Turkish government official to illegally channel contributions to the campaign of Mayor Eric Adams. This case has drawn significant attention, highlighting concerns about foreign influence in local elections and the integrity of campaign financing.
The plea marks a significant development in an ongoing investigation into the practices surrounding campaign contributions in New York City. Arkan's involvement raises questions about the extent of foreign involvement in domestic political campaigns and the potential ramifications for elected officials. As the legal proceedings continue, the fallout from this case may lead to increased scrutiny of campaign finance laws and the enforcement of regulations designed to prevent illicit contributions. The implications of this scandal could resonate throughout the political landscape as calls for reform gain momentum.
January 31, 2026 - 04:43
NexPoint Diversified Real Estate Trust Announces 2025 Dividend Income Tax TreatmentNexPoint Diversified Real Estate Trust has finalized the federal income tax treatment for its 2025 dividend distributions to shareholders. The company, which trades on the New York Stock Exchange...
January 30, 2026 - 04:44
Tech firms move toward office leases in S.F.’s Showplace SqaureA notable shift is occurring in San Francisco`s Showplace Square neighborhood, as technology companies are increasingly securing office leases in the area. This movement marks a significant...
January 29, 2026 - 19:50
Blackstone’s Private Equity and Real Estate Are Bouncing Back. Private Credit Is Fine, Too.Blackstone has announced a powerful resurgence in its private equity and real estate segments, complemented by continued strength in its private credit business, signaling a robust period of growth...
January 29, 2026 - 02:28
Apollo Commercial Real Estate Finance Exits $9B CRE BookIn a significant strategic shift, Apollo Commercial Real Estate Finance has finalized an agreement to sell its entire $9 billion commercial real estate (CRE) loan portfolio. The buyer, retirement...