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Texas Real Estate Investor Pleads Guilty to $69.5 Million Fraud Scheme

Texas Real Estate Investor Pleads Guilty to $69.5 Million Fraud Scheme

by Phil Hall | Feb 19, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A Texas real estate investor behind a $69.5 million fraud scheme pleaded guilty in federal court to one count of wire fraud. Devin Ward Elder was the founder and CEO of the San Antonio-based investment firm DJE Texas Management Group LLC, which was formed in March...
Kennedy Wilson is Acquired in $1.6 Billion Deal

Kennedy Wilson is Acquired in $1.6 Billion Deal

by Phil Hall | Feb 18, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The real estate investment firm Kennedy Wilson Holdings Inc. (NYSE:KW) announced it is being acquired by a consortium led by its CEO William McMorrow and the Toronto-headquartered Fairfax Financial Holdings Limited (TSX: FFH, FFH.U) in an all-cash transaction of...
Massachusetts to Study Building Code Change to Enable More Housing Construction

Massachusetts to Study Building Code Change to Enable More Housing Construction

by Phil Hall | Feb 13, 2026 | News/Current Events, Real Estate Investing, U.S. Housing Market, WRE News Exclusive

Massachusetts Gov. Maura Healey has issued an executive order to study allowing single stair construction in some residential buildings, with the goal of changing the state’s building code to increase housing production and lower costs. The state’s building code...
California Real Estate Investor Pleads Guilty in $9 Million Fraud Case

California Real Estate Investor Pleads Guilty in $9 Million Fraud Case

by Phil Hall | Feb 10, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A California real estate investor pleaded guilty to wire fraud in connection with a $9 million fraud scheme. According to court documents, Matthew Campbell of Fresno operated two real estate investment companies, Preferred Property LLC and Ampez Rehab Investments LLC,...
FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million

FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million

by Phil Hall | Feb 5, 2026 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment firm FCP announced its $41 million acquisition of Cottages of Monroe, a 151-unit cottage-style apartment community in the Charlotte suburb of Monroe, North Carolina. Formerly known as Yardly Monroe, the property consists of one-story,...
ETHZilla Purchases Manufactured Home Loan Portfolio for Tokenization on Ethereum Layer 2

ETHZilla Purchases Manufactured Home Loan Portfolio for Tokenization on Ethereum Layer 2

by Phil Hall | Feb 5, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

ETHZilla Corporation (NASDAQ: ETHZ), a Palm Beach, Florida-based fintech focused on developing an Ethereum-based infrastructure for tokenized real-world assets, has acquired a portfolio of manufactured and modular home loans from Zippy Manufactured Home Credit Fund I...
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