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New Jersey in $2.8 Million Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’

New Jersey in $2.8 Million Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’

by Phil Hall | Nov 11, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The State of New Jersey has reached a $2.8 million settlement with Florida-based MV Realty that resolves claims of deceptive lending in the company’s so-called “Homeowner Benefit Agreements” (HBAs). MV Realty provided “financially distressed” homeowners with an...
Apartment-Hotel Brand Sonder to Shut Down

Apartment-Hotel Brand Sonder to Shut Down

by Phil Hall | Nov 11, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Sonder Holdings Inc. (NASDAQ: SOND), a San Francisco-headquartered operator of short-term rental apartments and boutique hotels, announced a winding down of its operations immediately and the Chapter 7 liquidation of its US business while initiating insolvency...
Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million

Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million

by Phil Hall | Nov 11, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Eagle Partners, an affiliate of Eagle Real Estate Investment Group, announced the closing of a $107-million affordable housing preservation acquisition, The Hills at Hacienda Heights, a 350-unit apartment community in the San Gabriel Valley of Los Angeles. Situated on...
NAR Taps David Conroy for Newly Created Chief Data Officer Role

NAR Taps David Conroy for Newly Created Chief Data Officer Role

by Phil Hall | Nov 11, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) announced the appointment of David Conroy as chief data officer and senior vice president of strategy and innovation, a newly created role. In this position, Conroy will guide enterprise-wide data strategy, unify disparate...
Damon Conrad Joins REMAX Canada as VP for Commercial

Damon Conrad Joins REMAX Canada as VP for Commercial

by Phil Hall | Nov 11, 2025 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

REMAX Canada has hired Damon Conrad as vice president for commercial. Conrad joins REMAX Canada from Royal LePage Commercial, where he served as vice president and general manager. In his new job, he will be based in Toronto and lead the company’s Canadian commercial...
Zillow Sued Over Alleged Mortgage Steering

Zillow Sued Over Alleged Mortgage Steering

by Phil Hall | Nov 10, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Zillow Group (NASDAQ: Z, ZG) has been hit with a new lawsuit that accuses the company of steering homebuyers into using its mortgage lending services. Reuters reports the proposed class action lawsuit alleged the Seattle-headquartered company of providing affiliated...
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