Owner of construction company and Puget Sound properties involved in illegal production of marijuana sentenced to 6 years in prison | USAO-WDWA

Emily Parkin

Seattle – A 52-year-old Seattle-area man was sentenced today in U.S. District Court in Seattle to 6 years in prison for his schemes involving the illegal manufacturing of marijuana, announced U.S. Attorney Nick Brown.  Raymond Ng engaged in conspiracies to facilitate illegal marijuana grows in residential neighborhoods, and to launder […]

Seritage Growth Properties Makes $160 Million Loan Prepayment

Emily Parkin

NEW YORK, January 04, 2022–(BUSINESS WIRE)–Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of 170 retail, residential and mixed-use properties, today announced that on December 31, 2021, the Company made a voluntary prepayment of $160 million toward its $1.6 billion term loan facility provided by Berkshire […]