Ellen Calmas is Co-Founder/EVP at Boston-based Neighborhood Pay Services, creator of the NPS Rent Assurance Rent From Payroll platform. getty Well-managed real estate funds typically provide annual above-market returns for limited partners (LPs), justifying the requirement that investors qualify with a substantial amount of upfront cash. The ability to provide big upfront commitments makes high net worth
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A federal lawsuit from an ex-employee at the Miami and Atlanta offices of commercial real estate giant Jones Lang LaSalle Americas Inc. alleges she was fired for blowing the whistle about apparent widespread tax and securities laws violations. The lawsuit—filed Wednesday in the Northern District of Illinois—claims to unveil a widespread practice of creating “holdback accounts” that were
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