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UAE Developer to Tokenize $500 Million in Real Estate Assets

UAE Developer to Tokenize $500 Million in Real Estate Assets

by Phil Hall | Jul 3, 2024 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Mantra, an institutional-grade Layer 1 Blockchain for real world assets, has announced a strategic partnership with MAG, a United Arab Emirates-based developer with a real estate portfolio valued at over $5 billion. According to the companies, Mantra’s blockchain...
Ontario Landlords Accused of Investor Fraud Transfer Businesses to Monitor

Ontario Landlords Accused of Investor Fraud Transfer Businesses to Monitor

by Phil Hall | Jul 3, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Four Ontario landlords were ordered by a Superior Court justice to turn over control of their real estate operations to a court-appointed monitor following accusations they misused roughly $144 million in investor money for lavish personal lifestyle purposes while...
YouTube Star MrBeast Builds and Gives Away 100 Homes in New Video

YouTube Star MrBeast Builds and Gives Away 100 Homes in New Video

by Phil Hall | Jul 1, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The YouTube star MrBeast has mixed homebuilding and philanthropy with his newly released video “I Built 100 Homes And Gave Them Away!” MrBeast, whose real name is Jimmy Donaldson, has become YouTube’s most popular star thanks to a video series featuring outrageous...
Investors to Receive $2.1 Million of the $33 Million Lost in Real Estate Fraud

Investors to Receive $2.1 Million of the $33 Million Lost in Real Estate Fraud

by Phil Hall | Jun 28, 2024 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The British Columbia Securities Commission (BCSC) announced it is returning $2.1 million to investors who were defrauded in a real estate investment scheme that drained $33 million from its victims. In 2016, the BCSC found sisters Siu Mui “Debbie” Wong and Siu Kon...
Tuscany Offers People Up to $32K to Move There

Tuscany Offers People Up to $32K to Move There

by Phil Hall | Jun 27, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Italy’s Tuscany region is offering cash incentives for people to move into its underpopulated rural towns and villages. USA Today reported the new initiative “Residenzialità in Montagna 2024” – which translates to “Residentiality in the Mountains 2024” – will offer...
Parkour Team Damaged Italian Historic Building for Online Video Stunt

Parkour Team Damaged Italian Historic Building for Online Video Stunt

by Phil Hall | Jun 25, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A group of parkour acrobats with a large social media following have come under criticism for damaging a historic building in the Italian city of Matera during an online video stunt. According to combined media reports, the London-based Team Phat have attracted...
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