FCP Acquires 250-Unit Florida Multifamily Community
FCP, a Chevy Chase, Maryland-headquartered real estate investment firm, has acquired the Alexan Miramar Apartments, a newly constructed 250-unit multifamily community in Miramar, Florida. The Alexan Miramar offers studio, one-, two-, and three-bedroom apartments, with...
Real Estate Investor Sentenced for Role in Mortgage Fraud Scheme
A New Jersey real estate investor was sentenced to five years in prison and ordered to pay $22 million in restitution for his role in a $54.7 million multi-year mortgage fraud scheme. Aron Puretz was an employee of Apex Equity Group, a real estate investment and...
‘The View’ Slams New Real Estate Platform That Identifies How Prospective Neighbors Voted
The ladies of “The View” took a break from their chronic Trump bashing to turn their ire against a new real estate platform that allows homebuyers to know how their prospective neighbors may have voted. Entertainment Weekly reports that Monday’s episode featured...
Real Estate Investor Sued for Non-Payment on $28 Million Artwork
An Italian real estate investor is at the center of an art world scandal for buying an 18th century painting at a record price and allegedly refusing to pay for it. Art News reports that the Christie’s auction house filed a lawsuit in Paris against Nanni Bassani...
Megan Castleton Named Chief Credit Officer at Constructive Capital
Constructive Capital, an Oakbrook Terrace, Illinois-based wholesale capital provider for mortgage brokers and real estate investors, has hired Megan Castleton as chief credit officer. In her new job role, Castleton will develop and implement credit policies,...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
