A Republican candidate for Georgia governor reportedly bought a downtown Atlanta condominium from a lobbyist at what appeared to be a discount
ATLANTA (AP) — A leading Republican candidate for Georgia governor reportedly bought a downtown Atlanta condominium from a lobbyist at what appeared to be a discount.
The New York Times , citing real estate records, says Lt. Gov. Casey Cagle bought the one-bedroom condo 10 years ago at 24 percent less than its appraised value. It was bought from Terry E. Hobbs, a lobbyist who represents natural gas marketer SCANA. Cagle sold the condo last year at a 29 percent profit.
Sara Henderson is executive director of Common Cause Georgia, a government watchdog group. She says the sale raises suspicions of pay-to-play.
But Cagle told the paper the sale was “a legitimate transaction” and Hobbs had not lobbied him on any issue around the time of the sale.
Most Read Nation & World Stories
- Witness describes death plunge of two Yosemite climbers
- Jimmy Kimmel reacts to Spokane backlash proving Gonzaga's existence, then picks Zags to win NCAA tournament
- Mueller concludes Russia-Trump probe with no new indictments WATCH
- Mueller finds no Trump-Russia conspiracy but stops short of exonerating president on obstruction of justice
- Pakistan sentences Czech model to 8 years on drug charge
Cagle faces a July 24 runoff for the Republican nomination for governor.