Yieldstreet In Talks To Purchase Investment Platform Cadre
... funds intended for purchases into accounts controlled by its CEO, Elie Schwartz. CrowdStreet's CEO, Tore Steen, was ousted in the wake ...
Aug 15, 2023
Your Search Results For:
Filter by City:
Sort by:
News
Nightingale Sent $3M Of CrowdStreet Investor Funds To Loan Servicing Firm, Filings Show
... March 2023 to entities controlled by Nightingale and its CEO, Elie Schwartz. Phillips didn't respond to a request for comment. ... of the AFC entity and into personal accounts controlled by Schwartz, the Nightingale group of companies and “several large ...
Aug 03, 2023
News
Tore Steen Out As CEO At CrowdStreet
... untraceable, and that the company believed Nightingale and its CEO, Elie Schwartz, misappropriated the funds. The fiduciary, auditor Anna Phillips, put the ...
Aug 01, 2023
News
Nightingale Losing Its Grip On Another Philly Property As Lender Looks To Foreclose Or Sell Loan
... April. Its financial troubles run deeper than that, as CEO Elie Schwartz has been accused of making off with millions of dollars ...
Jul 28, 2023
News
Nightingale, InterVest Facing Foreclosure At 111 Wall St.
... string of problems for Nightingale. The company and its CEO, Elie Schwartz, have been accused of misappropriating tens of millions raised through ...
Jul 25, 2023
News
Investors Demand Refunds As Crowdfunded Deal For Huge Buckhead Office Property Falls Apart
... was founded in 2005 by a former IT company executive, Elie Schwartz, and a former corporate lawyer, Simon Singer, and has grown ...
Jun 21, 2023
News
Defrauded Investors File $1B Class-Action Suit Against CrowdStreet
... Authority starting in 2023. The prior year, Nightingale CEO Elie Schwartz used the CrowdStreet platform to defraud more than 800 investors ... actions. This is despite the fact that we uncovered Elie Schwartz’s fraud, alerted the SEC, and our ongoing support ...
Mar 18, 2025
News
Developers Surrender CrowdStreet-Funded Buckhead Hotel To Lender
... over the past few years after Nightingale Properties CEO Elie Schwartz misappropriated $54M he raised on the platform. The bulk ... 1B class-action lawsuit from investors who were defrauded by Schwartz, as well as multiple arbitration cases, over claims that ...
May 14, 2025
News
CrowdStreet CIO Ian Formigle Departs Amid Fallout From Nightingale Fraud
... complex in Atlanta known as Atlanta Financial Center. Nightingale CEO Elie Schwartz pleaded guilty last month to defrauding investors in the AFC ... been publicly linked to any investigations for its role in Schwartz's fraud, but it has been targeted by his ...
Mar 11, 2025
News
Jewelry, Watches, Art (And 2 Houses) ‘Best That Can Be Done’ To Pay Back Burned Nightingale Investors
... misappropriated. Phillips told investors that without the settlement, Schwartz would be unable to repay investors given he spent ... proposed settlement. “Of all the possible outcomes, Elie seemingly taking responsibility and paying investors back and covering ...
Oct 15, 2023
Hey, this is important!
Upcoming regulations in the European Union require us to show this pop-up and ask you to agree to keep using Bisnow.com. We want to take 15 seconds to tell you what's going on:
- We need you to be cool with us holding onto your email address (if we already have it) and for us to email you about commercial real estate news and events.
- We need you to be ok with our use of information like your general location or reading habits to personalize your experience, so we can suggest the right stories to read or events for you to attend.
- We need you to know that security is our top priority and that we hold any information we have about you under lock and key.
Sound good? Just hit yes and continue on your way.