Featured Real Estate News
Alexander Brothers Found Guilty of Sex Trafficking
Luxury real estate brokers Tal and Oren Alexander and their brother Alon were convicted on federal sex trafficking charges. According to combined media reports, the brothers were found guilty after a five-week trial in which prosecutors called 10 rape accusers to...
Alexander Brothers Found Guilty of Sex Trafficking
More than 60 women say they were raped by one or more of the brothers. Continue Reading Alexander Brothers Found Guilty of Sex Trafficking
Execution Date Set for Killer of 2 Georgia Realtors
The State of Georgia has announced the execution date for Stacey Ian Humphreys, who was convicted 22 years ago in the murder of two realtors. 11alive.com reports Stacey Ian Humphreys will be put to death by lethal injection on Dec. 17. This will be the state’s first...
Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
The Department of Justice (DOJ) has reportedly hit a new roadblock in its attempts to prosecute New York Attorney General Letitia James on mortgage fraud-related charges. CNN, sourcing its information from an unnamed “person familiar with the development,” is...
New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market
Saudi Arabia’s Real Estate General Authority (REGA) has launched "Saudi Properties" as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law that goes...
News & Current Events
Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. Continue Reading Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio
Government Watchdog Agency Opens Probe into FHFA’s Pulte
Pulte and the FHFA did not publicly comment on the report. Continue Reading Government Watchdog Agency Opens Probe into FHFA’s Pulte
Starter Home Sales Up Nearly 5%
The typical starter home price rose 2% year-over-year to $260,000 in October. Continue Reading Starter Home Sales Up Nearly 5%
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Residential Property Insurance Costs Soared in 2024 at a Record Rate
The largest percentage increases were recorded in Seattle (+22%), Salt Lake City (+22%) and Los Angeles (+20%). Continue Reading Residential Property Insurance Costs Soared in 2024 at a Record Rate
CFPB Drops 2022 Enforcement Action Against TransUnion
The CFPB opted to continue its 2022 enforcement action against the fintech lender MoneyLion Continue Reading CFPB Drops 2022 Enforcement Action Against TransUnion
Bascom Group Acquires California Apartment Community for $127 Million
Highridge Apartments is an institutionally owned, 1972-vintage property that has undergone significant upgrades over the years. Continue Reading Bascom Group Acquires California Apartment Community for $127 Million
Bank7 Acquires First American Mortgage
First American Mortgage has operated since 1993 and facilitated over $3 billion in funding. Continue Reading Bank7 Acquires First American Mortgage
Island Capital Group Hires Melissa Iorio as Executive Managing Director
Iorio most recently served as head of investor relations at Cohen & Steers, where she helped build the firm’s private real estate business. Continue Reading Island Capital Group Hires Melissa Iorio as Executive Managing Director
Private Equity Firm Takes Ownership Stake in Keller Williams
As part of this transaction, Keller Williams CEO Mark Willis will step down. Continue Reading Private Equity Firm Takes Ownership Stake in Keller Williams
Jonathan Waclawski Returns to NAR as General Counsel
Waclawski replaces Katie Johnson, who stepped down last October. Continue Reading Jonathan Waclawski Returns to NAR as General Counsel
Webstar Technology Group Taps Nelson Worldwide Architects for $650 Million Mixed-Use Georgia Resort
The companies are also partnering on a $1.2 billion development in a downtown Atlanta location. Continue Reading Webstar Technology Group Taps Nelson Worldwide Architects for $650 Million Mixed-Use Georgia Resort
Highwoods Properties Acquires Raleigh’s Advance Auto Parts Tower
The financial aspects of the acquisition were not disclosed. Continue Reading Highwoods Properties Acquires Raleigh’s Advance Auto Parts Tower