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Lennar to Open New Community in Raleigh Suburb

Lennar to Open New Community in Raleigh Suburb

by Phil Hall | Jan 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Lennar announced it will be opening a community in the Raleigh suburb of Smithfield, North Carolina. Franklin Townes will offer a pair of two-story townhome designs spanning 1,437 to 1,581 square feet, with three bedrooms and two-and-a-half baths. The...
Florida Realtors Announce 2024 Student Scholarship Program

Florida Realtors Announce 2024 Student Scholarship Program

by Phil Hall | Jan 10, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Florida Realtors Education Foundation Inc. has launched the 2024 edition of its Student Scholarship Program. The program is open to students whose parents are realtors or licensed real estate practitioners, or whose parents are employed by any local realtor board and...
Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme

Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme

by Phil Hall | Jan 9, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two New York men were sentenced by U.S. District Judge Omar A. Williams in Hartford, Connecticut, for perpetrating a $50 million mortgage fraud scheme. According to the charges brought against them, Jacob Deutsch and Aron Deutsch worked at B H Property Management LLC...
NAR and Brokerages Seek to Overturn Sitzer/Burnett Verdict

NAR and Brokerages Seek to Overturn Sitzer/Burnett Verdict

by Phil Hall | Jan 9, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) and the residential brokerages that were found liable in October for a $1.8 billion verdict in the Missouri-based Sitzer/Burnett trial have asked a federal judge to either reject the verdict or grant a new trial. According to...
Janover Creates Insurtech Subsidiary

Janover Creates Insurtech Subsidiary

by Phil Hall | Jan 9, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Boca Raton, Florida-based Janover Inc. (NASDAQ: JNVR), an AI-enabled platform for commercial real estate transactions, has launched a new insurtech subsidiary called Janover Insurance Group. According to the company, the new venture will integrate with Janover’s...
Tejon Ranch to Begin Construction on Multifamily Community

Tejon Ranch to Begin Construction on Multifamily Community

by Phil Hall | Jan 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Tejon Ranch Co. (NYSE:TRC) announced plans to move forward with the development of residential communities at its 270,000-acre land holding located approximately 60 miles north of Los Angeles. The company plans to begin construction on Terra Vista at Tejon, a new...
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