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
United Wholesale Mortgage’s Ishbia: Trump and Pulte ‘Care About the Housing Market’
Mat Ishbia, the CEO of United Wholesale Mortgage (NYSE: UWMC), voiced his support for the 50-year mortgage floated by President Trump and Federal Housing Finance Agency Director Bill Pulte while praising them for concern and support of the housing market. In a video...
Owner of Minnesota Lodge Resort Charged with Torching the Property
The owner of a historic lodge in Lutsen, Minnesota has been arrested for starting the February 2024 fire that destroyed the property. Located along Lake Superior, Lutsen Resort dated back to 1885 and was promoted as Minnesota's oldest resort. The New York Post reports...
Ashkenazy Acquisition Corp. Buys Chicago-Area Retail Plaza for $60 Million
The New York City-based real estate investment firm Ashkenazy Acquisition Corp. has acquired Orland Park Place, a retail plaza in the Chicago suburb of Orland Park, Illinois, for $60 million. The 600,000-square-foot shopping destination features retailers such as...
News & Current Events
Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Nationwide, 8% of homes investors offloaded in the third quarter were sold at a loss, up from 6.5% a year earlier. Continue Reading Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year
Execution Date Set for Killer of 2 Georgia Realtors
Stacey Ian Humphreys will be put to death by lethal injection on Dec. 17. Continue Reading Execution Date Set for Killer of 2 Georgia Realtors
Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
“This should be the end of this case,” said Abbe Lowell, James’ attorney. Continue Reading Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
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Exclusive News
7-Eleven’s Japanese Parent Company to Spin Off North American Operations
Seven & i operates more than 85,000 stores with different brands across US and Asia. Continue Reading 7-Eleven’s Japanese Parent Company to Spin Off North American Operations
European Central Bank Cuts Rates Again
“The disinflation process is well on track,” said the ECB. Continue Reading European Central Bank Cuts Rates Again
Mortgage Rates Continue to Drop
The 30-year fixed-rate mortgage averaged 6.63% as of March 6. Continue Reading Mortgage Rates Continue to Drop
Tech Trends: The Latest AI Developments in the Real Estate Industry
New developments in the use of AI in the real estate industry. Continue Reading Tech Trends: The Latest AI Developments in the Real Estate Industry
Most At-Risk Q4 Housing Markets Primarily in Three States and NYC Area
Roughly half the markets considered least likely to decline fell in Wisconsin, Virginia, Tennessee and Pennsylvania. Continue Reading Most At-Risk Q4 Housing Markets Primarily in Three States and NYC Area
Wyoming Governor Signs 25% Property Tax Exemption into Law
The new law takes effect immediately and does not have a sunset date. Continue Reading Wyoming Governor Signs 25% Property Tax Exemption into Law
Richmond American Homes to Open Arden at Bedford in Corona, California
Pricing on the homes begins in the $900,000s. Continue Reading Richmond American Homes to Open Arden at Bedford in Corona, California
Joint Venture to Develop $400 Million, 670-Unit Residential Project in New Jersey
BNY led the financing of a $225 million senior secured construction loan in a three-bank deal. Continue Reading Joint Venture to Develop $400 Million, 670-Unit Residential Project in New Jersey
Q4 Investor Homebuying Activity at 8-Year Low
Investors purchased $36.5 billion worth of homes in the fourth quarter. Continue Reading Q4 Investor Homebuying Activity at 8-Year Low




































