UPDATE 1-U.S. charges Platinum Partners founder, others with $1 billion fraud

Dec 19 The founder of New York-based hedge fund Platinum Partners was arrested on Monday as prosecutors unveiled an indictment charging him and six others with an approximately $1 billion fraud. Mark Nordlicht, the founder and chief investment officer of Platinum Partners, was arrested at his New Rochelle, New York, home in connection with charges contained in an indictment filed in federal court in Brooklyn.

DSF Group buys luxury apartment tower La Rochelle for $148.5 mln

Holliday Fenoglio Fowler, L.P. announced today that it has closed the $148.5 million sale of La Rochelle, a 412-unit, 25-story luxury apartment tower in New Rochelle, Westchester County, New York, to the Boston-based DSF Group. HFF marketed the property exclusively on behalf of the seller, 255 Huguenot Street, Corp. The DSF Group purchased the asset free and clear of existing debt.

DSF Group buys luxury apartment tower La Rochelle for $148.5 mln

Holliday Fenoglio Fowler, L.P. announced today that it has closed the $148.5 million sale of La Rochelle, a 412-unit, 25-story luxury apartment tower in New Rochelle, Westchester County, New York, to the Boston-based DSF Group. HFF marketed the property exclusively on behalf of the seller, 255 Huguenot Street, Corp. The DSF Group purchased the asset free and clear of existing debt.