by Phil Hall | Apr 2, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive
Four real estate investors were sentenced for coordinating a multi-year conspiracy that fraudulently obtained multimillion-dollar loans on commercial and multifamily properties. Aron Puretz and his son, Chaim “Eli” Puretz, both of New Jersey, were sentenced to prison...
by Phil Hall | Aug 2, 2024 | Current News & Events, Real Estate News, WRE News Exclusive
Three real estate investors pleaded guilty for their roles in a multi-year conspiracy to fraudulently obtain a $74 million loan and a $45 million loan and to fraudulently acquire multifamily properties. Fredrick Schulman, 72, of New York, and Chaim “Eli” Puretz, 29,...
Mortgage Rates Reach 7.40%, Highest Since November 2023
