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LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
Councilmember Eunisses Hernandez called the plan “a private development scheme disguised as transportation.” Continue Reading LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
Councilmember Eunisses Hernandez called the plan “a private development scheme disguised as transportation.” Continue Reading LA City Council Calls for Rejection of Proposed Gondola Construction at Dodger Stadium
Baton Rouge Realtor Sentenced for Indecent Behavior with Juveniles
A realtor in Baton Rouge, Louisiana, was sentenced to two years in prison after pleading guilty to two counts of indecent behavior with juveniles. KPEL-FM reports Devin Triche was arrested in July 2024 on 100 counts of child porn and two counts of sexual abuse of an...
Real Estate Investor Sentenced to Probation for Role in $165 Million Mortgage Fraud
Real estate investor Boruch "Barry" Drillman was sentenced to five years of probation for his role in a $165 million fraud scheme involving multifamily and commercial mortgage loans between 2018 and 2020. Drillman managed BRC Williamsburg Holdings LLC, which purchased...
256-Unit Luxury Residential Tower to Rise Over Nairobi
CityBlue Hotels, the Africa-focused lodging chain, has partnered with the Kenyan developer SMB Properties to launch the 256-unit Le Mirage Residences by CityBlue, a luxury residential tower in Kenya’s capital city of Nairobi. According to the companies, Le Mirage...
NEWS & CURRENT EVENTS
Trump Urges Powell to Cut Rates While Fed Chief Warns of Economic Weakening from Tariffs
“It is too soon to say what will be the appropriate path for monetary policy,” Powell said. Continue Reading Trump Urges Powell to Cut Rates While Fed Chief Warns of Economic Weakening from Tariffs
Russian Realtor Advised Women to Marry Ukraine-Bound Soldiers to Gain Widows’ Compensation
Marina Orlova was sentenced to 80 hours of community service. Continue Reading Russian Realtor Advised Women to Marry Ukraine-Bound Soldiers to Gain Widows’ Compensation
Starwood Capital Group Completes $800 Million Purchase of Portfolio of 11 Master-Planned Communities
“This is a high-quality portfolio created by a first-class investment manager and developer,” said Mike Moser, CEO of Starwood Land. Continue Reading Starwood Capital Group Completes $800 Million Purchase of Portfolio of 11 Master-Planned Communities
Kingsbarn Realty Capital Buys Hollywood Office Building for $105 Million
The property is 100% leased as the corporate headquarters for Skims Body Inc. Continue Reading Kingsbarn Realty Capital Buys Hollywood Office Building for $105 Million
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Guaranteed Rate Debuts RateReduce Sell Program
Chicago-headquartered Guaranteed Rate has enhanced its RateReduce offering to include RateReduce Sell, a program designed to help real estate agents facing a challenging home sales market. According to the company, RateReduce Sell provides real estate agents the...
Mike Weinbach to Become President at Mr. Cooper Group
Weinbach is CEO of consumer lending for Wells Fargo and is a member of the firm’s operating committee. Continue Reading Mike Weinbach to Become President at Mr. Cooper Group
Lennar to Open New Community in Raleigh Suburb
Pricing at Franklin Townes begins in the high $200,000s. Continue Reading Lennar to Open New Community in Raleigh Suburb
Florida Realtors Announce 2024 Student Scholarship Program
The application deadline for this year’s program is March 6 at 12:00 pm. Continue Reading Florida Realtors Announce 2024 Student Scholarship Program
Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme
Jacob Deutsch has a prior criminal history with a wire fraud conviction stemming from an insurance fraud scheme. Continue Reading Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme
NAR and Brokerages Seek to Overturn Sitzer/Burnett Verdict
The plaintiffs’ attorneys argued NAR and the brokerages were “rehashing” arguments they “lost over and over again” during the trial. Continue Reading NAR and Brokerages Seek to Overturn Sitzer/Burnett Verdict
Janover Creates Insurtech Subsidiary
The company has also contracted Tyler Schapiro, CEO of Flagler Insurance, as a strategic advisor for its commercial insurance arm. Continue Reading Janover Creates Insurtech Subsidiary
Tejon Ranch to Begin Construction on Multifamily Community
Construction will begin in late January, with the first units becoming available in the first half of 2025. Continue Reading Tejon Ranch to Begin Construction on Multifamily Community
Are Housing Inventory Levels on the Rise?
“The number of homes on the market is still low relative to pre-pandemic levels,” said Realtor.com’s Danielle Hale. Continue Reading Are Housing Inventory Levels on the Rise?
Mortgage Credit Availability Down in December to 11-Year Low
“Ongoing industry consolidation is resulting in more loan programs being removed from the marketplace,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Down in December to 11-Year Low
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