Featured Real Estate News
iPic Theaters Files for Bankruptcy, Plans to Sell Assets
The iPic Theaters cinema chain, which offers dine-in service to its moviegoing audiences, has filed for Chapter 11 bankruptcy and is planning the sale of its assets. According to combined media reports, the Boca Raton, Florida-headquartered company previously filed...
iPic Theaters Files for Bankruptcy, Plans to Sell Assets
The Boca Raton, Florida-headquartered company previously filed for bankruptcy in 2019. Continue Reading iPic Theaters Files for Bankruptcy, Plans to Sell Assets
Meraas Previews Masterplan for New Dubai Waterfront Development
Meraas, a member of Dubai Holding Real Estate, has unveiled its masterplan for Dubai Design District, a new waterfront development. Located between Downtown Dubai and Dubai Creek Harbor, the enhanced masterplan encompasses 18 million square feet and will offer...
Hits and Misses for the Real Estate Week of Dec. 29-Jan. 2
The HUD Secretary on a roll, pending home sales on the rise, and Warren Buffett calls it a day. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 29-Jan. 2. Hit: An Honest Man. A big thumbs up for Housing and Urban...
Fort Worth Business Owner Pleads Guilty in Unfinished Home Building Fraud Case
A Fort Worth business owner who received nearly $5 million from local customers for unfinished custom home building and remodeling projects pled guilty to a wire fraud conspiracy charge. According to the charges, Christopher Judge and his wife, Raquelle Judge, were...
News & Current Events
The Kraft Group Reaches Agreement for New Boston-Area Soccer Stadium
The Kraft Group, which also owns the New England Patriots, will make an initial payment of $3 million over six years to Boston, which will go into the Charlestown Community Impact Fund Continue Reading The Kraft Group Reaches Agreement for New Boston-Area Soccer Stadium
Maryland to See Average Increase of 12.7% on Property Tax Assessments
All 23 counties and Baltimore City will see increases in property values. Continue Reading Maryland to See Average Increase of 12.7% on Property Tax Assessments
SEC Charges Duo for $300 Million Ponzi Scheme Tied to ‘Real Estate Acceleration Loans’ Program
Bradford and Linarducci raised more than $35 million and $13 million in investor funds, respectively. Continue Reading SEC Charges Duo for $300 Million Ponzi Scheme Tied to ‘Real Estate Acceleration Loans’ Program
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Exclusive News
256-Unit Luxury Residential Tower to Rise Over Nairobi
Taher Saleh, managing director of SMB Properties, said, “Le Mirage Residences by CityBlue represents the pinnacle of luxury and architectural innovation in Kenya.” Continue Reading 256-Unit Luxury Residential Tower to Rise Over Nairobi
Premier Mortgage Resources Debuts Specialty Products Division
“The mortgage landscape is evolving, and so are the needs of our clients,” said Cory Swain, CEO. Continue Reading Premier Mortgage Resources Debuts Specialty Products Division
Social Media Influencer Pleads Guilty to $11 Million Real Estate Ponzi Scheme
His most recent effort to lure investor money came on April 25, when he used a Substack posting to solicit input from people seeking to improve their credit scores. Continue Reading Social Media Influencer Pleads Guilty to $11 Million Real Estate Ponzi Scheme
Realtor.com CEO Wades into Debate Over Clear Cooperation Policy
“Brokers who facilitate private marketplaces are likely to find themselves on the wrong side of history,” said Damian Eales. Continue Reading Realtor.com CEO Wades into Debate Over Clear Cooperation Policy
New Jersey’s Historic Freehold Raceway is Sold, with Mixed-Use Development Planned
Racing has taken place at Freehold since the 1830s. while organized racing began in 1854 with an annual fair featuring harness racing. Continue Reading New Jersey’s Historic Freehold Raceway is Sold, with Mixed-Use Development Planned
Trump Organization Expands Into Mobile Phone Sector
The mobile phone plan will start at $47.45 a month, a reference to Trump serving as the 45th and 47th president. Continue Reading Trump Organization Expands Into Mobile Phone Sector
Florida Realtors Education Foundation Allocates $233,000 in Scholarships
All recipients are Florida residents and will attend community colleges, four-year universities, graduate programs or law schools, both in state and out-of-state. Continue Reading Florida Realtors Education Foundation Allocates $233,000 in Scholarships
Former loanDepot CEO Frank Martell Tapped to Run SmartRent
Martell replaces Shane Paladin, who stepped down in April – he had only served in the executive leadership role in January. Continue Reading Former loanDepot CEO Frank Martell Tapped to Run SmartRent
Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Redfin attributed the drop in down payment levels to a slightly higher share of homebuyers using FHA and VA loans, which require lower down payments. Continue Reading Report: Typical Down Payment Level Down for First Time in Nearly 2 Years