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Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Matthew Thomas Onofrio netted at least $35 million from his fraudulent scheme before being caught. Continue Reading Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Matthew Thomas Onofrio netted at least $35 million from his fraudulent scheme before being caught. Continue Reading Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Luxury Home Sales Rise While Sales Activity Declines
Luxury home sale prices were up by 3.9% year-over-year to a median $1.25 million, a record high for the month of August, according to new data from Redfin. Luxury home prices grew nearly three times faster than non-luxury home prices, which increased 1.4% to a median...
FCP Expands into Las Vegas with Apartment Community Acquisition
The real estate investment firm FCP has made its first foray into the Las Vegas market with the acquisition of The Avondale Apartments, a 560-unit community. Avondale comprises one-, two-, and three-bedroom residences in three-story buildings. Community amenities...
169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
A 169-unit portfolio of Connecticut affordable housing complexes was sold for $39.7 million. The portfolio consists of the 10-story, 116-unit Kimberly Place in Danbury and the five-story 53-unit One Leonard in Norwalk. Both properties are set aside for senior...
NEWS & CURRENT EVENTS
Survey: More Than Half of Canadians Who Own US Homes Plan to Sell Within Next Year
Nearly two-thirds (62%) of those potential Canadian sellers blamed Trump administration trade policies with Canada as the reason for their departure. Continue Reading Survey: More Than Half of Canadians Who Own US Homes Plan to Sell Within Next Year
Jeff Kellmas Named Director of Leasing at First National Realty Partners
Kellams was most recently as vice president of Leasing at Washington Prime Group. Continue Reading Jeff Kellmas Named Director of Leasing at First National Realty Partners
Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers
By the end of July, the total number of home sellers was 1.95 million, down from a peak of 1.96 million in May. Continue Reading Report: Home Sellers Retreating from Market, Creating Wider Imbalance with Buyers
The Federal Reserve Drama: Lisa Cook Praised by NY Fed Chief, Slammed by Trump Officials
No Republican senator is publicly backing Trump’s efforts to oust Cook. Continue Reading The Federal Reserve Drama: Lisa Cook Praised by NY Fed Chief, Slammed by Trump Officials
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Century 21 Real Estate in Partnership with Major League Soccer
Century 21 will serve as the Official Real Estate Services Partner of MLS, the MLS All-Star Game, and the MLS Cup. Continue Reading Century 21 Real Estate in Partnership with Major League Soccer
JPI Taps Jay Parsons as Economic Advisor
Parsons is the head of investment strategy at Madera Residential in Lubbock, Texas. Continue Reading JPI Taps Jay Parsons as Economic Advisor
4 FEMA Workers Fired for Unauthorized Payment of $59 Million to NYC Hotel Housing Migrants
The Department of Homeland Security called out the “egregious payment.” Continue Reading 4 FEMA Workers Fired for Unauthorized Payment of $59 Million to NYC Hotel Housing Migrants
Liam Neeson Starring in an Australian Real Estate Listing Video
The Oscar-nominated actor spoofed his iconic role in the thriller “Taken.” Continue Reading Liam Neeson Starring in an Australian Real Estate Listing Video
Kiavi Expands Presence to 13 Additional States
The company added that its market expansion follows a record year of activity. Continue Reading Kiavi Expands Presence to 13 Additional States
Richmond American Homes of Arizona Debuts 2 New Communities
The communities, Seasons at Pradera III and The Preserve at Pradera, are both based in Goodyear, Arizona. Continue Reading Richmond American Homes of Arizona Debuts 2 New Communities
Meridian Senior Living Expands into Colorado with Denver-Area Acquisition
“This acquisition highlights our ability to access capital markets and expand into markets with strong growth potential,” said Dan Castleberry, chief operations officer. Continue Reading Meridian Senior Living Expands into Colorado with Denver-Area Acquisition
New Jersey Medical/Office Property Sells for $22 Million
The three-story property was built in 1986 and is anchored by Summit Health. Continue Reading New Jersey Medical/Office Property Sells for $22 Million
FEMA Suspends Payments to NYC Hotels Housing Illegal Immigrants
FEMA Acting Administrator Cameron Hamilton announced, “Personnel will be held accountable.” Continue Reading FEMA Suspends Payments to NYC Hotels Housing Illegal Immigrants
Newsom Backs Bill Providing Homeowners with Interest Earned on Insurance Payouts
“Homeowners rebuilding after a disaster need all the support they can get, including the interest earned on their insurance funds,” said Newsom. Continue Reading Newsom Backs Bill Providing Homeowners with Interest Earned on Insurance Payouts
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