NYC Developer Indicted in $10 Million Fraud Scheme Expected to Plead Guilty

by Phil Hall | Feb 26, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Joshua Schuster, a former New York City real estate developer who was indicted last May for conducting a four-year, multimillion-dollar real estate investment scam, is reportedly planning to enter a guilty plea in his case. Hoodline.com reports Schuster is scheduled...

Maryland Home Sales Down Amid Inventory Shortages

by Phil Hall | Feb 26, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 3,660 homes were sold in Maryland during January, which represented an 11.9% drop from the 4,155 sales recorded one year earlier. But while sales were down, new data from Maryland Realtors showed pending sales were up by 8.1% over the same period. Still,...

American Express to Build 55-Story HQ at World Trade Center Site

by Phil Hall | Feb 26, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

American Express (NYSE: AXP) has unveiled plans for a new global headquarters at 2 World Trade Center in Lower Manhattan. The building will be developed on land owned by the Port Authority of New York and New Jersey under a long-term ground lease. This marks the final...

Memphis Notary Sentenced for Role in Real Estate Fraud Scheme

by Phil Hall | Feb 25, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

A notary in Memphis was sentenced to 57 months in federal prison for her role in a real estate fraud scheme. According to the charges brought against her, Shaneika Seymore notarized multiple fraudulent quitclaim deeds which purported to transfer ownership from the...

Janitorial Worker Wanted for Stealing Checks and Embezzling from Baton Rouge Realtor

by Phil Hall | Feb 25, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

A janitorial worker in Baton Rouge, Louisiana office of Weichert Realtors is being sought by police allegedly stealing checks from the office and writing them to herself. The Advocate reports Ariel Brown is being sought on 48 counts of embezzlement and forgery for the...