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Phoenix Man Fined by State for Real Estate Investment Fraud

Phoenix Man Fined by State for Real Estate Investment Fraud

by Phil Hall | Apr 29, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Arizona Corporation Commission (ACC), a regulatory state agency, has ordered Gary Martin of Phoenix and his affiliated company Reliant Income Properties LLC to pay $25,000 in restitution and a $10,000 administrative penalty for selling unregistered securities in...
NY Legislator Suggests Law to Prevent Penn Station from Being Renamed for Trump

NY Legislator Suggests Law to Prevent Penn Station from Being Renamed for Trump

by Phil Hall | Apr 29, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A New York legislator raised the idea of introducing a new bill that would prevent public buildings from being named after convicted felons – an action designed solely to prohibit Penn Station from being renamed after President Trump. The New York Post reports State...
Investor Indicted in $7 Million Brooklyn Deed Fraud Theft

Investor Indicted in $7 Million Brooklyn Deed Fraud Theft

by Phil Hall | Apr 28, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The improper sale of a Brooklyn property resulted in a real estate investor being charged with grand larceny and falsifying business records for cheating his fellow shareholders by making a transaction without their consent. According to the charges brought against...
Washington Commanders Announce Plans for New Stadium at DC’s RFK Site

Washington Commanders Announce Plans for New Stadium at DC’s RFK Site

by Phil Hall | Apr 28, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The NFL’s Washington Commanders have agreed to a deal with the District of Columbia that will result in creation of a nearly $4 billion, 65,000-seat stadium on the site of Robert F. Kennedy (RFK) Memorial Stadium. According to combined media reports, the stadium is...
Marriott Acquires CitizenM Hotel Brand for $355 Million

Marriott Acquires CitizenM Hotel Brand for $355 Million

by Phil Hall | Apr 28, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Marriott International (NASDAQ: MAR) has acquired the hotel brand CitizenM for $355 million. According to the companies, the CitizenM global portfolio encompasses 36 open hotels comprising 8,544 rooms across more than 20 cities in the US, Europe and Asia Pacific,...
Webstar Technology Group to Tokenize Real Estate Assets

Webstar Technology Group to Tokenize Real Estate Assets

by Phil Hall | Apr 28, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Atlanta-headquartered real estate development company Webstar Technology Group (OTCMKTS: WBSR) announced a strategic initiative to integrate cryptocurrency tokenization into its current and future real estate ventures. The company said it will utilize blockchain...
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