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December 23, 2020

Accountants Plead Guilty To $1.2B CRE Tax Shelter Fraud In First Conviction Of Its Kind

[Digital Summit] Make Deals Happen At Bisnow's Atlanta Architecture & Design Outlook 2021 Jan. 28

Two Sandy Springs accountants have admitted to defrauding the Internal Revenue Service out of more than a billion dollars related to various real estate deals, using one of the agency's most-abused tax loopholes

Accountants Plead Guilty To $1.2B CRE Tax Shelter Fraud In First Conviction Of Its Kind

Stein Agee and Corey Agee, both listed as members of the Atlanta public accounting firm AgeeFisherBarrett LLC, admitted to one count each of conspiracy to commit fraud by placing real estate investments for high net worth individuals for the sole purpose of achieving a tax write-off through a conservation easement…

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Midtown Union Lands Construction Loan From Wells Fargo

Midtown Union Lands Construction Loan From Wells Fargo  

Atlanta's next mixed-use project has landed a big financing package to move forward with construction. Wells Fargo has loaned $210M to MetLife Investment Management and its partner, Granite Properties, for construction financing of Midtown Union, a mixed-use project off Spring and 17th streets that will be home to Invesco's headquarters. A MetLife and…

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Bisnow's 20 Most-Read Stories Of 2020

The year is mercifully coming to a close, and even in 2020, this time of year is filled with hope for the future and a mad scramble to close deals. But before we change out the calendar — or whatever the digital equivalent of that is — we want to look back one last time at what moved our readers the most this year.

Our coverage drew millions of readers who gravitated to news about hotel closures and construction shutdowns, tax policy and crisis maneuvering. These are the stories that had Bisnow readers clicking the most.

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The Weird Psychology Of Why You Do So Many Deals In December

Every December, professionals across various sectors of real estate race around, stressed, trying to get those last few contracts signed before the calendar turns over. The fourth quarter, and especially December, almost always sees a surge of deals closed. But why?

The reason behind it lies in the warped logic where economics and psychology meet. And it may be causing you to make bad investments.

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