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La Rosa Holdings Plans to Acquire Controlling Interest in Red Door Title

La Rosa Holdings Plans to Acquire Controlling Interest in Red Door Title

by Phil Hall | Jun 18, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

La Rosa Holdings Corp. (NASDAQ: LRHC) announced it has entered into a non-binding Letter of Intent to acquire a controlling interest in Nona Title Agency, which operates under the name Red Door Title. Headquartered in Orlando, Red Door Title is a full-service escrow...
Real Estate Investor Pleads Guilty to $54.7M in Mortgage Fraud Scams

Real Estate Investor Pleads Guilty to $54.7M in Mortgage Fraud Scams

by Phil Hall | Jun 18, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A New Jersey-based real estate investor pleaded guilty for his role in a multi-year conspiracy to fraudulently obtain over $54.7 million in loans and to fraudulently acquire multifamily and commercial properties. Aron Puretz was an employee of Apex Equity Group, a...
Realtor.com Targets Buyer’s Agent Campaign at Underserved Communities

Realtor.com Targets Buyer’s Agent Campaign at Underserved Communities

by Phil Hall | Jun 18, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Realtor.com is expanding its buyer representation marketing campaign with a new initiative designed to promote the benefits of buyer’s agents to members of historically underserved and underrepresented communities. According to a press statement from...
NAR Cites June 18 Opt-In Deadline on Settlement Agreement

NAR Cites June 18 Opt-In Deadline on Settlement Agreement

by Phil Hall | Jun 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) published a reminder for certain brokerages of the June 18 deadline to opt into NAR’s Settlement Agreement resolving claims related to the Sitzer/Burnett case. According to NAR, brokerages with a residential transaction...
Multifamily Developer Wood Partners Enters RI and NH Markets

Multifamily Developer Wood Partners Enters RI and NH Markets

by Phil Hall | Jun 17, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Multifamily developer Wood Partners is expanding its northeast presence with its first projects based in Rhode Island and New Hampshire. The company’s Alta Altitude in Rhode Island is designed as two four-story buildings containing 214 apartment homes with an...
NYC Register Approves Fake Deed Listing Ivanka Trump and Hillary Clinton as Real Estate Partners

NYC Register Approves Fake Deed Listing Ivanka Trump and Hillary Clinton as Real Estate Partners

by Phil Hall | Jun 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The New York City Register’s office was tricked into filing a fraudulent deed that claimed Ivanka Trump and Hillary Clinton were partnering on real estate deals totaling $150 million. The New York Post reported the fake deed claimed the political rivals were teaming...
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