Two new data reports have identified Michigan as the state with the most affordable cities for homebuyers while a third report warns that the state leads the nation for power outages. A newly published report from WalletHub ranked Michigan’s Flint and Detroit as the...
Tempus Realty Partners, an Arkansas-based real estate investment partnership, has acquired a Class A+ office and retail property in Pittsburgh’s Strip District for $43.75 million. Originally constructed as a warehouse, the property covers 94,580 square feet of...
April home sales were up 11.3% from March, according to the latest RE/MAX National Housing Report, continuing the month-over-month growth trend that began in January within the 51 metro areas surveyed for the data analysis. Compared to one year earlier, sales were...
While the ongoing trial of Sean “Diddy” Combs has been the center of media attention, the Los Angeles mansion that he listed a week before his arrest has been mostly ignored after roughly 250 days on the market. Combs’ 17,000-square-foot mansion with 10...
A Tennessee woman pleaded guilty for coordinating scams that involved fraudulent deed transfers and property sales. Alicia England of Chattanooga engaged in a wire fraud scheme that involved filing of bogus deeds for residential properties in North Carolina and other...
Elchonon “Elie” Schwartz, the CEO of the commercial real estate investment firm Nightingale Properties, was sentenced to 87 months in prison for conducting a fraud scheme that siphoned $62.8 million from more than 800 investors. Schwartz solicited investments through...
Hits and Misses for the Real Estate Week of April 27-May 1
