For those not following the Burke thread, we now know that yesterday federal officials from the SEC paid a visit to Burke Mountain, seized information, changed the locks on the buildings, and began an investigation onsite into alleged mismanagement of EB-5 funds for the QHotel project.

WCAX is now reporting that as part of that investigation that Messrs. Stenger and Quiros have been relieved of their management authority for both Jay and Burke and that an independent resort and hotel management company are now in control of the operations, pending the outcome of the federal investigations.

This is just surreal.