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The Mortgage Firm Settles Federal Charges of Redlining

The Mortgage Firm Settles Federal Charges of Redlining

by Phil Hall | Jan 9, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The US Department of Justice (DOJ) announced The Mortgage Firm Inc. agreed to a settlement that resolves allegations that it redlined predominantly Black and Hispanic neighborhoods in the Miam metro area. Headquartered in Altamonte Springs, Florida, The Mortgage Firm...
Court Restores Deed Stolen in High Profile North Carolina Case

Court Restores Deed Stolen in High Profile North Carolina Case

by Phil Hall | Jan 9, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A civil court judge in Wake County, North Carolina, has restored the deed to a dentist’s home that was stolen in a case that generated national attention. WRAL reports Dr. Craig Adams needed to go to court to void the fraudulent deed on his property filed by Dawn...
Report: The Top Market for First-Time Homebuyers Is…

Report: The Top Market for First-Time Homebuyers Is…

by Phil Hall | Jan 9, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

First-time homebuyers entering the housing market are being advised to consider Pennsylvania’s capital for the new residence. According to the 2025 Realtor.com Best Markets for First-Time Homebuyers report, Harrisburg, Pennsylvania, was ranked number one among markets...
Kimco Realty Acquires Jacksonville Shopping Center for $108 Million

Kimco Realty Acquires Jacksonville Shopping Center for $108 Million

by Phil Hall | Jan 9, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Kimco Realty (NYSE: KIM), a Jericho, New York-based real estate investment trust (REIT) and owner/ operator of open-air, grocery-anchored shopping centers and mixed-use properties, has acquired The Markets at Town Center, a 254,000-square-foot property in...
DOJ Secures Forfeiture of Two Miami Condos for Violations of Russia-Related Sanctions

DOJ Secures Forfeiture of Two Miami Condos for Violations of Russia-Related Sanctions

by Phil Hall | Jan 9, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The US Department of Justice (DOJ) has secured the forfeiture of two luxury Miami condominiums that were maintained, transferred, and leased in violation of sanctions against Russian national Viktor Perevalov. The forfeited properties have a combined value of...
Eric W. Price Named President and CEO at NHP Foundation

Eric W. Price Named President and CEO at NHP Foundation

by Phil Hall | Jan 9, 2025 | Industry Updates, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The NHP Foundation (NHPF), a not-for-profit real estate corporation focused on affordable housing acquisition, investment and development, has promoted Eric W. Price to president and CEO. Price was most recently president and assumes the CEO as the successor to...
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