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Bascom Group Acquires 294-Unit Las Vegas Apartment Community for $103 Million

Bascom Group Acquires 294-Unit Las Vegas Apartment Community for $103 Million

by Phil Hall | Apr 15, 2026 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Bascom Group LLC, an Irvine, California-based private equity firm, announced its $103 million acquisition of The Ellison, a 294-unit apartment community located in the Summerlin/Spring Valley submarket of Las Vegas. Completed in 2024, The Ellison is a five-story...
Prosecutors Make Surprise Visit to Federal Reserve HQ Renovation Site

Prosecutors Make Surprise Visit to Federal Reserve HQ Renovation Site

by Phil Hall | Apr 15, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Prosecutors from the office of US Attorney Jeanine Pirro attempted to make an unannounced inspection of the construction work for the Federal Reserve’s headquarters renovation. The Wall Street Journal, sourcing its coverage from an unnamed “person familiar with the...
Judge Dismisses Defamation Lawsuit Brought by Fired Fannie Mae Workers Against FHFA’s Pulte

Judge Dismisses Defamation Lawsuit Brought by Fired Fannie Mae Workers Against FHFA’s Pulte

by Phil Hall | Apr 14, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A federal judge has dismissed a defamation lawsuit filed by 61 former Fannie Mae (OTCQB: FNMA) employees against Bill Pulte, director of the Federal Housing Finance Agency (FHFA), who claimed without producing evidence that they were fired for making fraudulent...
Ex-Massachusetts State Police Sergeant Pleads Guilty to Loan Fraud Tied to Real Estate Business

Ex-Massachusetts State Police Sergeant Pleads Guilty to Loan Fraud Tied to Real Estate Business

by Phil Hall | Apr 14, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A retired sergeant for the Massachusetts State Police has been charged and has agreed to plead guilty to allegedly fraudulently obtaining a Paycheck Protection Program (PPP) loan for his real estate business. According to the charges brought against him, Damian...
Ryan Serhant Expands Luxury Brokerage Into California

Ryan Serhant Expands Luxury Brokerage Into California

by Phil Hall | Apr 14, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

SERHANT., the luxury real estate brokerage founded by “Owning Manhattan” star Ryan Serhant, announced it has expanded into California with offices serving the Los Angeles, San Diego, Orange County, San Francisco, and Tahoe markets. California is the 16th...
Survey: Most Home Sellers Are Optimistic About a Profitable Spring

Survey: Most Home Sellers Are Optimistic About a Profitable Spring

by Phil Hall | Apr 14, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

American home sellers are looking to the spring with a renewed sense of optimism for a quick and profitable transaction, according to a survey from Realtor.com. The survey found 74% of respondents stating now is a good time to sell, while 83% of potential sellers...
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