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Chinese EB-5 Investors File Fraud Lawsuit Tied to Northern Marianas Casino-Resort Project

Chinese EB-5 Investors File Fraud Lawsuit Tied to Northern Marianas Casino-Resort Project

by Phil Hall | Sep 22, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

More than 20 Chinese EB-5 investors have filed a $13.4 million lawsuit against developers, immigration agents, and lawyers whom they accuse of duping them into putting placing more than $12 million of EB-5 funds into a casino-resort project in the Northern Marianas....
Report: US Attorney Plans to Resign Under Trump Pressure for Not Bringing Mortgage Fraud Charges Against Letitia James

Report: US Attorney Plans to Resign Under Trump Pressure for Not Bringing Mortgage Fraud Charges Against Letitia James

by Phil Hall | Sep 19, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Erik Siebert, who is serving as the interim US Attorney for the Eastern District of Virginia, has announced plans to resign his position after informing the Department of Justice (DOJ) that his office found insufficient evidence to bring criminal charges over alleged...
Hits and Misses for the Real Estate Week of Sept. 15-18

Hits and Misses for the Real Estate Week of Sept. 15-18

by Phil Hall | Sep 19, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Curious new legislation to encourage affordable housing, Treasury Secretary Bessent’s unlikely sense of humor, and Robert Redford’s impact on Utah real estate. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 15-19....
Report: Colorado’s Housing Shortfall is Narrowing

Report: Colorado’s Housing Shortfall is Narrowing

by Phil Hall | Sep 19, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new report has determined that Colorado’s housing inventory shortfall declined since its peak six years ago, but the state needs to ratchet up its residential construction to keep the shortfall from growing again. The report, issued by the office of Gov. Jared Polis...
Chinese EB-5 Investors File Fraud Lawsuit Tied to Northern Marianas Casino-Resort Project

Ex-NASA Manager and Husband Plead Guilty in Mortgage Fraud Case

by Phil Hall | Sep 19, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Noreen Khan and her husband Christopher Mayberry pleaded guilty to one count of conspiracy for making false statements to loan businesses in relation to several mortgage loans they financed. Khan had been a technical manager for NASA, while a NASA contractor had...
Katie Keenan Named CEO at Blackstone Real Estate Income Trust

Katie Keenan Named CEO at Blackstone Real Estate Income Trust

by Phil Hall | Sep 19, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Blackstone (NYSE: BX) announced the appointment of Katie Keenan as CEO and a director of Blackstone Real Estate Income Trust Inc. (BREIT) and global head of the Core+ Real Estate business. She succeeds Wesley M. LePatner, who served in both roles until she was...
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