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SEC Reportedly Probing Owner of Austin Real Estate Firm for Securities Fraud
Alan Stalcup said he welcomed the SEC’s investigation, stating he and his companies were the victim of “defamatory fictions.” Continue Reading SEC Reportedly Probing Owner of Austin Real Estate Firm for Securities Fraud
Walker & Dunlop Partners with Pretium on Affordable Housing Bridge Loan Joint Venture
The initiative will originate flexible, short-term first-mortgage bridge loans for properties that are being acquired, refinanced, or prepared for long-term government-affordable programs. Continue Reading Walker & Dunlop Partners with Pretium on Affordable Housing Bridge Loan Joint Venture
QXO Receives $1.2 Billion Investment from Apollo to Fund Acquisitions
QXO stated that investment will fund at least one acquisition through July 15. Continue Reading QXO Receives $1.2 Billion Investment from Apollo to Fund Acquisitions
Cash-Strapped Albuquerque Church Seeks to Donate Itself to the State of New Mexico
The 25,000-square-foot church property opened in 1950 and was listed on the National Register of Historic Places in 2011. Continue Reading Cash-Strapped Albuquerque Church Seeks to Donate Itself to the State of New Mexico
Minto Apartment Real Estate Investment Trust Acquired in $2.3 Billion Deal
Upon completion of the deal, Minto will cease to become a publicly traded company. Continue Reading Minto Apartment Real Estate Investment Trust Acquired in $2.3 Billion Deal
Mortgage Application Activity Down by Nearly 4%
The FHA share of total applications decreased to 19.5% from 20.2% the week prior. Continue Reading Mortgage Application Activity Down by Nearly 4%
Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
Vermont Governor Seeks to Use State Surplus Revenue to Cut Proposed Property Tax Hike
Vermont Gov. Phil Scott is seeking to use surplus state funds to reduce a projected 12% property tax hike slated for 2026, but the Republican governor is getting pushback from some Democratic legislators over his plan. Vermont Public reports Scott’s administration...
Brazil to Conduct Real Estate Auction Using Blockchain Technology
The Brazilian auction market has been disrupted with altered documents, fake websites, and inconsistent public records. Continue Reading Brazil to Conduct Real Estate Auction Using Blockchain Technology
Mark E. Patten to Become CFO at Sun Communities
Patten will succeed Fernando Castro-Caratini, who will transition into an advisory role with the company. Continue Reading Mark E. Patten to Become CFO at Sun Communities
Silicon Valley and Aspen Top November’s List of Most Expensive Home Sales
Aspen was home to four of the 10 most expensive home sales of November. Continue Reading Silicon Valley and Aspen Top November’s List of Most Expensive Home Sales
California Home Sales at 3-Year High
November also saw the statewide median home price drop by 3.9% from $886,960 in October to $852,680 in November. Continue Reading California Home Sales at 3-Year High
Report: Google Quietly Testing the Insertion of Real Estate Listings in Search Results
The test is being run in partnership with ComeHome by HouseCanary. Continue Reading Report: Google Quietly Testing the Insertion of Real Estate Listings in Search Results
Fate of Decaying Frank Lloyd Wright House in Chicago Uncertain After Failed Foreclosure Auction
Among the property’s problems are rotting wood, cracked and failing exterior stucco, exposed structural elements, and a deteriorating roof and chimney. Continue Reading Fate of Decaying Frank Lloyd Wright House in Chicago Uncertain After Failed Foreclosure Auction
Utah Property Manager Sentenced on Embezzlement and Bank Fraud Charges
He was also sentenced to four years of supervised release and ordered to pay $2.16 million in restitution to the victims. Continue Reading Utah Property Manager Sentenced on Embezzlement and Bank Fraud Charges















