Featured Real Estate News
Miami Real Estate Developer Indicted for $85 Million Fraud Scheme
A Miami real estate developer has been indicted in federal court for orchestrating an $85 million fraud scheme, failing to pay millions in taxes, and lying to financial institutions to obtain funds to purchase a luxury yacht. According to court documents, Rishi Kapoor...
Miami Real Estate Developer Indicted for $85 Million Fraud Scheme
The US Securities and Exchange Commission also filed a separate civil action against Rishi Kapoor. Continue Reading Miami Real Estate Developer Indicted for $85 Million Fraud Scheme
Michigan Lawmaker Proposes School-Related Property Tax Exemption for Homeowners without Student Dependents
A Michigan lawmaker has introduced legislation that would exempt homeowners from paying school-related property taxes if they do not have dependents enrolled in government-funded K-12 schools. State Rep. Steve Carra, a Republican, seeks to amend Michigan’s General...
Chicago Bears, Stymied in Push for New Stadium, Floats Idea for Relocation to Indiana
The Chicago Bears leadership is floating the possibility of moving the team across the Illinois border into Indiana to achieve a new stadium. In an open letter, President and CEO Kevin Warren stated that while the team still believed that a location in suburban...
WWE’s Former HQ Approved for Conversion into Apartment Complex
The former headquarters complex of the WWE professional wrestling operations has been approved for conversion in residential housing. The Zoning Board for the City of Stamford, Connecticut, unanimously approved plans to transition the building into 84 apartments....
News & Current Events
CTO Realty Growth Acquires 35-Acre Florida Retail Center for $65.2 Million
CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in the higher growth Southeast and Southwest markets, has acquired Pompano Citi Centre, an open-air retail center located on 35 acres in the Pompano Beach submarket of Fort...
Report: Spikes in Heart Attacks and General Illness Following LA County Wildfires
The report noted a 118% increase in visits for general illness, a 46% increase in the number of visits for heart attack, and a 24% increase in visits for pulmonary illness. Continue Reading Report: Spikes in Heart Attacks and General Illness Following LA County Wildfires
NYC Personal Trainer Indicted in Rental Housing Scam
Jerry Genesis was previously indicted last February for a refund scam involving 10 victims tied to his personal training business. Continue Reading NYC Personal Trainer Indicted in Rental Housing Scam
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Exclusive News
Mortgage Application Volume Down 8.5%
The Refinance Index decreased 12% from the previous week. Continue Reading Mortgage Application Volume Down 8.5%
The Most Affordable City for Rental Housing Is…
Miami ranked last in the new study of more than 180 cities. Continue Reading The Most Affordable City for Rental Housing Is…
Chris Kelly Becomes Chief Executive at HomeServices of America
Kelly succeeds Gino Blefari, who is transitioning to the role of chairman emeritus. Continue Reading Chris Kelly Becomes Chief Executive at HomeServices of America
NY Attorney General Letitia James Accused of Mortgage Fraud
James claimed a Virginia property she purchased was her principal residence. Continue Reading NY Attorney General Letitia James Accused of Mortgage Fraud
Kentucky Realtors Adds $100,000 to Flood Relief Grants
The new funding is being provided separately from previous $275,000 in grants allocated through the Kentucky Realtor Relief Foundation. Continue Reading Kentucky Realtors Adds $100,000 to Flood Relief Grants
Habitat for Humanity Canada Issues Report on its Economic Impact
Habitat for Humanity Canada invested approximately $306 million in building and renovating homes from 2019 to 2023. Continue Reading Habitat for Humanity Canada Issues Report on its Economic Impact
Canadian Home Sales Down in March
CREA is forecasting 482,673 residential properties to trade hands via Canadian MLS Systems this year. Continue Reading Canadian Home Sales Down in March
Security Properties Acquires Seattle Apartment Complex for $34.7 Million
Security Properties now owns 29 assets totaling more than 6,500 units in the Greater Seattle area. Continue Reading Security Properties Acquires Seattle Apartment Complex for $34.7 Million
Placemakr Launches First Utah Property
Placemakr Salt Lake City at Brix will offer 100 studio, one, and two-bedroom units available for residential leasing and 45 fully furnished hospitality units. Continue Reading Placemakr Launches First Utah Property