Matthew Thomas Onofrio, a Minnesota real estate investor who previously worked as a nurse anesthetist, was sentenced to 36 months in federal prison for carrying out a $420 million bank fraud scheme. According to the charges against him, Onofrio used online...
The median sale price on homes during November was $385,000, according to a data report from Homes.com. This marked a $9,120 or 2.4% year-over-year rise and a continuation of the 10-month stretch where median prices are between $375,000 and $395,000. Across the nearly...
Phoenix-based Hospitality Capital Partners (HCP), in conjunction with its equity partner National Property Advisors, acquired a portfolio of five Arizona hotels from Service Properties Trust for $72 million. The portfolio encompasses more than 665 rooms consists at...
A coalition of 29 architects has called on Shalom Baranes Associates, the new designer for President Trump’s White House East Wing ballroom, to reject the commission or face potential penalties from the American Institute of Architects (AIA). The Architect’s Newspaper...
The Department of Housing and Urban Development (HUD) has begun an investigation into the City of Boston’s housing policies to determine whether it discriminated against low-income white residents. The New York Times reports Craig Trainor HUD’s assistant secretary for...
For the second time in a week, a Virginia grand jury has refused to indict New York Attorney General on mortgage fraud-related charges. The New York Times notes that while there is nothing to prevent the Trum administration from trying to indict her again, the...
