A pair of Fiji nationals residing in California were sentenced for leading a multimillion-dollar mortgage fraud scheme. According to court records, Jyoteshna Karan and Praveen Singh Karan conspired to make straw purchases and short sales of approximately 15 homes from...
The property management software company RealPage Inc. has filed a lawsuit against the City of Berkeley, California, over an ordinance passed on March 25 that prohibits landlords from using pricing technology to determine rental billing. The ordinance was passed amid...
Hoboken, New Jersery-based Faropoint, a real estate investment manager specializing in last-mile industrial properties, announced its first acquisition in the Los Angeles area with the $9.975 million purchase of a multi-tenant industrial building located in Torrance,...
Kanye West’s notorious Malibu, California, residence that was left in an unfinished restoration and sold at a steep discount was acquired after roughly a week after being flipped. The Wall Street Journal reports an investor group led by Andrew Mazzella, a...
California Gov. Gavin Newsom signed an executive order suspending what he dubbed as “unnecessary permitting and review requirements” by the utilities working to rebuild the areas devastated by January’s wildfires in Los Angeles County. to accelerate the rebuild of...