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Diddy’s $61.5 Million LA Mansion Fails to Attract Buyer Interest

Diddy’s $61.5 Million LA Mansion Fails to Attract Buyer Interest

by Phil Hall | May 20, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

While the ongoing trial of Sean “Diddy” Combs has been the center of media attention, the Los Angeles mansion that he listed a week before his arrest has been mostly ignored after roughly 250 days on the market. Combs’ 17,000-square-foot mansion with 10...
Tennessee Woman Pleads Guilty to Fraudulent Deed Transfers and Home Sales

Tennessee Woman Pleads Guilty to Fraudulent Deed Transfers and Home Sales

by Phil Hall | May 20, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A Tennessee woman pleaded guilty for coordinating scams that involved fraudulent deed transfers and property sales. Alicia England of Chattanooga engaged in a wire fraud scheme that involved filing of bogus deeds for residential properties in North Carolina and other...
Elie Schwartz Sentenced for His $62.8 Million Real Estate Fraud Scheme

Elie Schwartz Sentenced for His $62.8 Million Real Estate Fraud Scheme

by Phil Hall | May 20, 2025 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Elchonon “Elie” Schwartz, the CEO of the commercial real estate investment firm Nightingale Properties, was sentenced to 87 months in prison for conducting a fraud scheme that siphoned $62.8 million from more than 800 investors. Schwartz solicited investments through...
Colorado Cities Sue State Over Housing Policies

Colorado Cities Sue State Over Housing Policies

by Phil Hall | May 20, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Six Colorado cities are suing the state’s government over its efforts to overrule local authority on land use and zoning issues. Colorado Public Radio reports the cities are also questioning a recent executive order by Gov. Jared Polis that withholds some grant...
Kentucky Home Sales Up 12.5%

Kentucky Home Sales Up 12.5%

by Phil Hall | May 20, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kentucky recorded a total of 4,057 home sales in April, up 12.5% from the previous month but down 0.5% from one year earlier. According to data from Kentucky Realtors, the state had 6,188 new listings last month, up 2.3% from March and up 5.6% from April 2024. The...
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