An upstate New York tax preparer and insurance agent was arrested for allegedly operating a massive Ponzi scheme for over three decades that stole more than $50 million from 988 real estate investors. According to the charges brought against him, Miles Burton Marshall...
Palette Hotels, a New York City-based hotel management company, has hired Joseph Yi as its chief investment officer. In his new role, Yi will oversee the firm’s investment platform, grow the company’s corporate-owned and third-party asset management portfolio and lead...
The British-headquartered fund manager APS Group has become the first institutional investor to directly acquire tokenized real estate assets through the MetaWealth blockchain-based investment platform. Cointelegraph reports APS purchased $3.4 million in tokenized...
The Paramus, New Jersey-based real estate investment and development firm Reynolds Asset Management has acquired two multifamily communities – Park Lamont and The Lumos – in Cleveland for $30.6 million Reynolds completed the transaction in partnership with The...
The digital mortgage platform Beeline Holdings Inc., (NASDAQ: BLNE) has announced plans to launch of a stablecoin-backed home equity access product that allows homeowners to convert a portion of their home equity into immediate cash without incurring debt or monthly...
A Texas realtor has pleaded guilty to conspiracy to commit wire fraud in a scheme that used false warranty deeds to mislead lenders and real estate clients. According to the charges brought against him, Mario Alberto Rodriguez defrauded homebuyers and short-term...