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Detroit Sues Blockchain Real Estate Firm for Widespread Property Violations

Detroit Sues Blockchain Real Estate Firm for Widespread Property Violations

by Phil Hall | Jul 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The City of Detroit has filed a lawsuit against a Florida-based blockchain property investment platform that owns more than 400 blighted properties that have become unlivable. The lawsuit cites Real Token LLC, company owners Remy and Jean-Marc Jacobson, and their 165...
Nigerian National Convicted for Organizing HELOC Fraud Network

Nigerian National Convicted for Organizing HELOC Fraud Network

by Phil Hall | Jul 3, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Oluwaseun Adekoya, a Nigerian national, was convicted by a jury for leading a nationwide bank fraud scheme involving the theft of home equity lines of credit (HELOCs). According to the charges brought against him, Adekoya – who operated under multiple pseudonyms –...
New Joint Venture to Develop 243-Unit Rental Community in Denver Suburb

New Joint Venture to Develop 243-Unit Rental Community in Denver Suburb

by Phil Hall | Jul 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Toll Brothers Inc. (NYSE: TOL), through its Toll Brothers Apartment Living rental division, has teamed with Gables Residential in a joint venture to develop Gables Angeline, a four-story, 243-unit luxury multifamily rental community in the Denver suburb of Littleton,...
Mississippi Man Charged with Assaulting Realtor at Open House

Mississippi Man Charged with Assaulting Realtor at Open House

by Phil Hall | Jul 3, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A Mississippi man was arrested for assaulting a realtor at an open house. WJTV reports Jerry Glynn Dennis, 64, was apprehended for an incident taking place on July in the town of Pearl. The victim, who was not identified, told investigators that she was preparing the...
Report: Active Listings Exceed Pre-Pandemic Levels in 22 of 50 Largest Metros

Report: Active Listings Exceed Pre-Pandemic Levels in 22 of 50 Largest Metros

by Phil Hall | Jul 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest Monthly Housing Report from Realtor.com has found 22 of the 50 largest metros have more active listings on the market than they did in the pre-pandemic years. However, the report stops short of declaring the current environment as a buyer’s market. Denver...
FBI to Move HQ to DC’s Ronald Reagan Building Complex

FBI to Move HQ to DC’s Ronald Reagan Building Complex

by Phil Hall | Jul 2, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The FBI is relocating its headquarters to the Ronald Reagan Building complex in Washington, DC. The FBI will relocate from the J. Edgar Hoover Building in Washington, which served as its headquarters in 1975. The Reagan Building complex is currently home to US Customs...
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