A Brooklyn woman who ran a real estate Ponzi scheme that stole $959,000 from nine victim received a prison sentence of three-and-a-half to seven years. Regine Norman, also known as Regine Ellis, falsely promoted herself as a member of NY Private Auction Inc., which...
IPA Capital Markets, a division of Marcus & Millichap (NYSE: MMI), specializing in capital markets services for major private and institutional clients, announced the hiring of Brandon Roth as managing director in its Palo Alto, California office. Prior to joining...
The Philadelphia-based EQT Exeter Real Estate Income Trust Inc. (EQRT) announced its first acquisition with the $60.9 million purchase of an industrial property in Georgetown, Texas. The 449,642 square-foot property is fully occupied by GAF Energy LLC, a producer of...
A total of 308,922 single-family homes and condos were flipped in the U.S. during 2023, according to data from ATTOM. This represented a 29.3% plummet from the 436,807 total in 2022, marking the greatest annual decline since 2008. Flips accounted for 8.1% of all 2023...
The multifamily real estate investment firm Southeast Property Group has acquired a two-property, 328-unit apartment portfolio in Jacksonville, Florida, for $20.3 million. The properties were acquired from the Chetrit Group, which originally acquired them as part of...
The prices for existing Canadian homes were flat in February, ending a declining streak that began last fall. According to the Canadian Real Estate Association (CREA), nationwide home sales in February were down by 3.1% from January. The actual (not seasonally...
