The Financial Services Regulatory Authority of Ontario (FSRA) has imposed six administrative monetary penalties totaling $600,000 against Claire Drage, a former mortgage broker in Guelph, Ontario. In a press statement, FSRA accused Drage of engaging in “a prolonged...
Bridge Housing, a San Francisco-based nonprofit affordable housing owner and developer focused on West Coast markets, announced the first close of Bridge Housing Impact Fund I with more than $90 million. The fund is designed as an investment platform to accelerate the...
A Miami real estate developer has been indicted in federal court for orchestrating an $85 million fraud scheme, failing to pay millions in taxes, and lying to financial institutions to obtain funds to purchase a luxury yacht. According to court documents, Rishi Kapoor...
The Arizona Corporation Commission (ACC), a state government agency, has levied a $10,000 fine against Dean Douglas Odle and MCM AF Assets LLC, doing business as Milan Capital, for violating of the state’s Securities Act in a fraudulent real estate investing...
A British real estate investor has announced a campaign to acquire, restore, and reopen shuttered churches across the UK. In a post on X, Samuel Leeds declared, “I wanna buy churches like this that are shutting down across England. So if you know a church that’s...
Starlight Investments, the Toronto-headquartered real estate investment and asset management firm, announced the grand opening of Lighthaus, a 31-story build-to‑rent (BTR) community in Liverpool, England. Lighthaus features 278 units consisting of studio, one-, two‑,...
