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London Mayor Lobbies New UK Prime Minister for Billions in Affordable Housing Funds

London Mayor Lobbies New UK Prime Minister for Billions in Affordable Housing Funds

by Phil Hall | Jul 5, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

London Mayor Sadiq Khan is pressing for newly elected U.K. Prime Minister Keir Starmer to provide him with billions to address the capital city’s need for more affordable housing. The Evening Standard reported that Khan has been pushing for a £2.2billion...
Toronto Home Sales and Prices Down in June

Toronto Home Sales and Prices Down in June

by Phil Hall | Jul 5, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales and prices in the Greater Toronto Area (GTA) were down year-over-year in June, according to new data from the Toronto Regional Real Estate Board (TRREB). A total of 6,213 home sales were sold through TRREB’s MLS System in last month, down 16.4% compared to...
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...
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