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TurboTenant Acquires REI Hub

TurboTenant Acquires REI Hub

by Phil Hall | Dec 10, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

TurboTenant, a provider of rental property management software, has acquired REI Hub, a rental property accounting software. According to the companies, the acquisition will enable independent landlords to access an expanded suite of tools designed to simplify the...
California Man Sentenced for Real Estate Investing Fraud Scheme

California Man Sentenced for Real Estate Investing Fraud Scheme

by Phil Hall | Dec 10, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A California man at the center of a real estate scam that raised $13.8 million by falsely promising investors returns of up to 10% was sentenced to 15 years and one month in prison. The Orange County Register reported Brett Barber, who was a co-owner of Newport...
Arizona Sandwich Chain Eegee’s Declares Bankruptcy, Closes 5 Eateries

Arizona Sandwich Chain Eegee’s Declares Bankruptcy, Closes 5 Eateries

by Phil Hall | Dec 10, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Arizona-based fast-food sandwich chain Eegee’s has filed for Chapter 11 bankruptcy and closed five of its eateries. According to combined media reports, the 53-year-old chain listed both assets and liabilities of between $10 million and $50 million and said it has...
Executive Changes at LTC Properties

Executive Changes at LTC Properties

by Phil Hall | Dec 10, 2024 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

LTC Properties Inc. (NYSE: LTC), a real estate investment trust focused on seniors housing and health care properties, announced changes in its executive leadership with the appointment of Wendy Simpson as executive chairman of the board of directors, the promotion of...
Trump Organization in Partnership for Two Luxury Projects in Saudi Arabia

Trump Organization in Partnership for Two Luxury Projects in Saudi Arabia

by Phil Hall | Dec 10, 2024 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Trump Organization has partnered with the Dubai-based real estate developer Dar Global to construct two new luxury projects in the Saudi Arabian capital of Riyadh. Gulf Business reports the new projects will be aimed at the luxury Saudi Arabian market and...
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