Marcus & Millichap Capital Corp. (MMCC) announced that it has arranged $12.1 million for the refinancing of Laurel Canyon Apartments, a 46-unit multifamily property in Valley Village, California. Built in 2022, the property features a mix of one- and two-bedroom...
Former President Donald Trump has been ordered by a New York judge in his civil fraud trial to pay nearly $364 million in damages for exaggerating the valuation of his real estate holdings in order to get favorable lending terms between 2011 and 2021. Judge Arthur...
The Department of Justice has made its first foray into the growing number of lawsuits regarding real estate commissions by asking a federal judge in Boston to reject a consumer settlement between a group of home sellers and a multiple listing service. Reuters is...
The MBA chief’s calling out the Biden administration’s housing policies, the Toronto mayor’s contemptuous defense of a massive residential property tax and an unlikely setting for weddings. From the wild and wooly world of real estate, here are the Hits and Misses for...
Clever Real Estate has launched Clever Title, a title and escrow company. According to the St. Louis-based company, Clever Title’s online portal offers real-time tracking, online document storage, and full digital encryption. Tony Chahal, formerly senior vice...
California existing home sales reached their highest level in six months during January, according to new data from the California Association of Realtors (CAR). Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted...
Hits and Misses for the Real Estate Week of June 22-26
