Bethesda-based commercial real estate services and finance company Walker & Dunlop Inc. announced Monday it has structured $10,806,000 million in financing for Prism Multifamily Group's acquisition of Latitude 33, a 121-unit, Class A multifamily property in downtown Palm Springs, California. Walker & Dunlop played an important role in this transaction, utilizing its deep expertise in Fannie Mae financing to ensure the property's ... … [Read more...] about Walker & Dunlop arranges $10.8M for multifamily property financing
Kimberlee Kruesi, Associated Press Updated 3:04 pm CDT, Monday, August 20, 2018 BOISE, Idaho (AP) — A group of Idaho lawmakers studying the state's campaign finance reporting laws say candidates who don't file sunshine reports on time should face steeper penalties. The legislative interim panel met Monday to discuss a long list of proposed bills. A large chunk of the meeting was devoted to how harsh the state should enforce fines for late campaign finance disclosure reports. Idaho law already allows for the state to impose a $50-a-day fine on candidates who miss the campaign finance deadline. However, the measure is rarely enforced. Secretary of State Lawerence Denney says the new legislative proposal changes the law to say fines "shall" be imposed rather than giving his office the option of issuing a penalty. MySA News Videos Now Playing: Now Playing SAPD: Man tried to keep his friend from driving home drunk, then he was choked to death Media: … [Read more...] about Idaho panel: Implement fines for campaign finance violations
Peruse fundraising tallies for Democratic congressional candidates in Minnesota and you’re likely to see one word come up over and over again: ActBlue. The organization is listed hundreds of times on candidates’ campaign finance filings. It comes up as the source of more than $4,800 in campaign cash for Rep. Betty McCollum; $36,000 for Ilhan Omar; nearly $104,000 for Dan Feehan, $106,000 for Sen. Tina Smith and nearly $150,000 for Angie Craig. For some candidates, ActBlue accounts for 20 percent or more of money raised. Yet what shows up on reports looking like interest group dollars is actually something different: money from a web-based platform that's funneling an unprecedented amount of cash from individual donors to Democratic candidates this year. Raising money on ‘the Net’ Twenty years ago, candidates running for political office had fewer options for raising the money they needed to run a credible campaign — besides holding fancy fundraisers and … [Read more...] about What the hell is ActBlue? And why is it showing up on so many Democratic candidates’ campaign finance reports?
close Video How Cohen's dual role complicates matters for Trump Defense attorney and former prosecutor Bob Bianchi explains. Federal investigators in New York are reportedly working to determine if Michael Cohen—President Trump’s former lawyer—committed bank fraud on over $20 million worth of loans, and possible campaign finance violations. The New York Times on Sunday reported that the loans in question were for a taxi business that is owned by Cohen and his family. Investigators are trying to determine if he misrepresented assets in order to obtain the loans from Sterling National Bank and the Melrose Credit Union, the report said, citing people familiar with the matter. The Justice Department has been investigating Cohen for months, raiding his home, office and hotel room in search of documents related to former Playboy model Karen McDougal and a separate $130,000 payment the attorney facilitated before the election to Stormy Daniels, an adult-film … [Read more...] about Cohen investigated for bank fraud, campaign finance violations: report says
Little Rock faces a $2.9 million deficit in balancing the city's 2018 budget, finance director Sara Lenehan said at the city Board of Directors' agenda meeting Tuesday. Most of the shortfall is because of lower-than-expected city revenue tied to bad weather, Lenehan said. The federal tax act that took effect at the end of December was also a factor, as were changes in courts' methods for collecting fines and fees. The board considers adjustments to its budget each year. It will vote on eight proposed adjustments at its regular meeting at 6 p.m. Tuesday. City Manager Bruce Moore is expected to present the 2019 budget at the end of November. … [Read more...] about Little Rock facing $2.9 million deficit in balancing city’s budget, finance director says