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Oregon Real Estate Investment Firm Owners Indicted on Fraud Charges

Oregon Real Estate Investment Firm Owners Indicted on Fraud Charges

by Phil Hall | Sep 3, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The owners of an Oregon-based real estate investment company have been charged with defrauding individual investors and commercial lenders out of more than $18 million. According to the indictment, Robert D. Christensen and Anthony M. Matic are accused of conducting a...
DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements

DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements

by Phil Hall | Sep 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Justice (DOJ) announced a $38.2 million settlement with the City of Los Angeles to resolve allegations of intentionally failing to meet federal accessibility requirements related to Department of Housing and Urban Development (HUD) grant funds...
Dan Sogorka Named General Manager of Rocket Pro TPO

Dan Sogorka Named General Manager of Rocket Pro TPO

by Phil Hall | Sep 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Detroit-headquartered Rocket Companies (NYSE: RKT) has named Dan Sogorka as general manager of Rocket Pro Third Party Origination (TPO), the mortgage broker business of Rocket Mortgage. In this newly created role, Sogorka will be responsible for establishing the...
Colorado City Blames Media for ‘Misleading Information’ on Venezuelan Gang Presence

Colorado City Blames Media for ‘Misleading Information’ on Venezuelan Gang Presence

by Phil Hall | Sep 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The city government of Aurora, Colorado, is blaming the media for exaggerating its coverage of a Venezuelan crime gang’s takeover of local apartment buildings while also blaming the property owners for enabling the gang’s actions. In an unattributed message on X...
Planned Soccer Stadium for Connecticut Delayed Until at Least 2026

Planned Soccer Stadium for Connecticut Delayed Until at Least 2026

by Phil Hall | Sep 3, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Plans to open a soccer stadium in Connecticut’s most populous city has been delayed for at least a year as funding for the project continues to be sought. The CT Mirror reported the soccer stadium project in Bridgeport is being spearheaded by tech millionaire André...
Survey: One-Quarter of Canadians Actively Saving for Home Purchase

Survey: One-Quarter of Canadians Actively Saving for Home Purchase

by Phil Hall | Sep 3, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Two in 10 Canadians (16%) said they be more comfortable with the real estate market if the Bank of Canada cuts its lending rate by more than 100 basis points by the end of the year, according to a new survey conducted by Leger on behalf of RE/MAX Canada. The survey,...
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