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SEC Charges Podcaster in Real Estate Ponzi Scheme

SEC Charges Podcaster in Real Estate Ponzi Scheme

by Phil Hall | Sep 26, 2023 | Industry Updates, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The U.S. Securities and Exchange Commission (SEC) charged Matthew Motil, host of the podcast “The Cash Flow King,” with fraudulently raising approximately $11 million from more than 50 investors in a Ponzi scheme involving notes purportedly backed by residential...
New Forecast: Global Real Estate Crowdfunding Market to Reach $161 Billion by 2030

New Forecast: Global Real Estate Crowdfunding Market to Reach $161 Billion by 2030

by Phil Hall | Sep 25, 2023 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The global real estate crowdfunding market reached $11.5 billion in 2022 and is being forecast to reach $161.8 billion by 2030 with a compound annual growth rate (CAGR) of 45.9%, according to a new report from Vantage Market Research. The report noted residential real...
W.P. Carey to Exit the Office Property Space

W.P. Carey to Exit the Office Property Space

by Phil Hall | Sep 21, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

W.P. Carey Inc. (NYSE: WPC), the New York City-based net lease real estate investment trust, announced that it will begin to jettison the office assets within its portfolio. The company is exiting the office space in a two-pronged approach. The first strategy involves...
Mortgage Industry Advisory Corp. in $100,000 SEC Settlement Over Compliance Problems

Mortgage Industry Advisory Corp. in $100,000 SEC Settlement Over Compliance Problems

by Phil Hall | Sep 12, 2023 | Industry Updates, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The U.S. Securities and Exchange Commission (SEC) has announced a $100,000 settlement against Mortgage Industry Advisory Corp. (MIAC) over compliance irregularities dating back 17 years. According to the SEC, the New York City-based registered investment adviser...
Poplar Homes Acquires Two Property Management Portfolios

Poplar Homes Acquires Two Property Management Portfolios

by Phil Hall | Sep 12, 2023 | Industry Updates, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Poplar Homes, a Cupertino, California-based tech-enabled property management company serving single-family rental investors and multifamily owners, has acquired the single-family for rent property management portfolios of BBW Homes LLC in St. Louis and Best Management...
New Executives at Avenue One

New Executives at Avenue One

by Phil Hall | Sep 11, 2023 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Avenue One, a New York City-based technology service platform and investment marketplace for institutional owners, buyers and sellers of residential rental real estate, has added two new members to their executive team. Jeremy King (pictured above) was named head of...
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