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Utah Blocks Land Purchase Near Airport by Chinese Defense Contractor

Utah Blocks Land Purchase Near Airport by Chinese Defense Contractor

by Phil Hall | Jul 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Utah Gov. Spencer J. Cox announced his administration has stopped an attempted land acquisition near Provo Airport by Cirrus Aircraft, a company that is majority-owned by the defense contractor Aviation Industry Corporation of China (AVIC). A 2023 Utah law prevents...
Ex-Bishop of AME Zion Church Pleads Guilty to Defrauding California Congregations

Ex-Bishop of AME Zion Church Pleads Guilty to Defrauding California Congregations

by Phil Hall | Jul 17, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A former bishop in the African Methodist Episcopal Zion Church (AME Zion) pleaded guilty to multiple fraud charges in federal court in connection with a scheme to obtain control of church properties in California. According to court documents and the plea agreement,...
Seattle Commercial Property Owner Found Guilty in Tax Fraud Scheme

Seattle Commercial Property Owner Found Guilty in Tax Fraud Scheme

by Phil Hall | Jul 15, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Seattle-based commercial real estate owner was convicted in US District Court of six counts of tax evasion and six counts of making false tax returns. According to records in the case and testimony at trial, Steven T. Loo had an ownership interest in, and operated...
Hits and Misses for the Real Estate Week of July 7-11

Hits and Misses for the Real Estate Week of July 7-11

by Phil Hall | Jul 11, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Gavin Newsom’s long-distance grant funding, a data access deal with three major MLSs, and investors hogging the homebuying market. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 7-11. Miss: Greetings from South...
Tim Leiweke Steps Down as Oak View Group CEO Following Indictment on Bid Rigging

Tim Leiweke Steps Down as Oak View Group CEO Following Indictment on Bid Rigging

by Phil Hall | Jul 11, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Tim Leiweke has stepped down as CEO of Oak View Group, a Denver-headquartered professional sports and commercial real estate company, following a federal indictment that accused him of rigging a bid to build and manage the Moody Center Arena at the University of Texas...
Historic Masonic Temple in Oakland Listed for Sale

Historic Masonic Temple in Oakland Listed for Sale

by Phil Hall | Jul 11, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A historic Masonic temple in Oakland, California, is being marketed for the first time since its opening in 1927. The Scottish Rite Temple is an 85,000-square-foot building spanning four levels and multiple spaces. Based on a 1.46-acre parcel, the site features...
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