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DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements

DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements

by Phil Hall | Sep 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Justice (DOJ) announced a $38.2 million settlement with the City of Los Angeles to resolve allegations of intentionally failing to meet federal accessibility requirements related to Department of Housing and Urban Development (HUD) grant funds...
Dan Sogorka Named General Manager of Rocket Pro TPO

Dan Sogorka Named General Manager of Rocket Pro TPO

by Phil Hall | Sep 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Detroit-headquartered Rocket Companies (NYSE: RKT) has named Dan Sogorka as general manager of Rocket Pro Third Party Origination (TPO), the mortgage broker business of Rocket Mortgage. In this newly created role, Sogorka will be responsible for establishing the...
Colorado City Blames Media for ‘Misleading Information’ on Venezuelan Gang Presence

Colorado City Blames Media for ‘Misleading Information’ on Venezuelan Gang Presence

by Phil Hall | Sep 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The city government of Aurora, Colorado, is blaming the media for exaggerating its coverage of a Venezuelan crime gang’s takeover of local apartment buildings while also blaming the property owners for enabling the gang’s actions. In an unattributed message on X...
Nick Bailey Named Chief Real Estate Officer at T3 Sixty

Nick Bailey Named Chief Real Estate Officer at T3 Sixty

by Phil Hall | Sep 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

T3 Sixty, a Ladera Ranch, California-based management consulting and analytics firm serving the residential real estate industry, has hired Nick Bailey as chief real estate officer. In his new job, Bailey will focus on business development, enterprise-level consulting...
EagleBank Names Evelyn Lee as Chief Lending Officer for C&I

EagleBank Names Evelyn Lee as Chief Lending Officer for C&I

by Phil Hall | Sep 3, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Eagle Bancorp Inc. (NASDAQ: EGBN), the Bethesda, Maryland-based holding company of EagleBank, has hired Evelyn Lee as the bank’s chief lending officer for commercial and industrial (C&I) lending. Lee begins her new job on Sept. 19 and will oversee all lending...
Colorado City Blames Media for ‘Misleading Information’ on Venezuelan Gang Presence

Colorado Mayor Seeks Emergency Court Order Against Venezuelan Criminal Gang

by Phil Hall | Aug 31, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The mayor of Aurora, Colorado, has announced an emergency court order is being requested to clear the apartment buildings that have been taken over by the Venezuelan criminal gang Tren de Aragua, while Colorado’s governor still insists claims of gang encroachment were...
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