Investigation Launched into Real Estate Project Linked to Islamic Center in East Plano
March 25, 2025 - 20:27
AUSTIN – Attorney General Ken Paxton has initiated a Civil Investigative Demand (CID) targeting Community Capital Partners, LP (CCP) as part of a broader investigation into the real estate development known as EPIC City. This project, located near Josephine, Texas, is associated with the East Plano Islamic Center (EPIC).
The investigation raises questions regarding the financial and operational practices of CCP, a corporate entity that has played a significant role in the development of this controversial project. The focus on EPIC City has drawn attention due to its ties to the local Islamic community and the potential implications for community relations and development ethics.
As the investigation unfolds, stakeholders are closely monitoring the situation, particularly those involved in community planning and development. The outcome could have lasting effects on future projects in the area, as well as on the relationship between local authorities and community organizations.
MORE NEWS
June 14, 2025 - 02:38
Historic GE Headquarters in Fort Point Sold for $57 MillionBOSTON — The building in Boston’s Fort Point neighborhood that once served as General Electric’s temporary headquarters has been sold for just over $57 million. This transaction comes at a...
June 13, 2025 - 09:39
Will the New Tax on Non-Owner-Occupied Mansions Attract Celebrities to Rhode Island?As discussions intensify around the newly proposed tax on non-owner-occupied mansions, local real estate stakeholders are expressing concerns about its potential impact. Dubbed the `Taylor Swift...
June 12, 2025 - 21:48
California Attorney General Takes Action Against SoCal Landlord for Tenant ExploitationIn a significant legal move, California Attorney General Rob Bonta has initiated a lawsuit against prominent Southern California landlord Mike Nijjar. This action follows an extensive three-year...
June 12, 2025 - 10:34
Private Equity Firms Deploy Over $1 Billion in Real Estate and Infrastructure LoansIn a significant move within the alternative investment landscape, private equity and venture capital firms have collectively allocated over $1 billion towards loans in the real estate and...