Lack of stringent regulations in the U.S. real estate industry has allowed criminals, kleptocrats and sanctioned foreign nationals to launder their money through real estate investments.
A judge ordered Twitter to be evicted from an office in Boulder, Colo., after the company didn’t pay its rent, reports the Denver Business Journal. Starwood REIT is looking to sell 2,000 rental homes, according to Bloomberg. These are among the must reads from around the real estate investment world heading into the weekend.