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Nigerian National Extradited for Multi-Million Dollar Florida Mortgage Fraud Scheme

Nigerian National Extradited for Multi-Million Dollar Florida Mortgage Fraud Scheme

by Phil Hall | Mar 10, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

A Nigerian national extradited to the US made his initial appearance in a Miami federal court on Friday to face accusations for his role in an $8 million fraud scheme that obtained loans in connection with the phony purchases of approximately 20 residential properties...
Most At-Risk Q4 Housing Markets Primarily in Three States and NYC Area

Most At-Risk Q4 Housing Markets Primarily in Three States and NYC Area

by Phil Hall | Mar 6, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two-thirds of the 50 counties with the most at-risk housing markets in the fourth quarter of 2024 were in California, Florida, Illinois, and the New York City area, according to new data from ATTOM. County-level housing markets on the latest list included 14 were in...
FCP Acquires 400-Unit Florida Multifamily Community

FCP Acquires 400-Unit Florida Multifamily Community

by Phil Hall | Mar 5, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment firm FCP has acquired Arium Sunrise, a 400-unit multifamily community in Sunrise, Florida. Built in 1998, the property has a 94% occupancy rate and offers an array of amenities including a swimming pool, clubhouse, and fitness center. FCP...
Guten Tag, Miami! Germany Tops List of International Property Seekers Aimed at South Florida

Guten Tag, Miami! Germany Tops List of International Property Seekers Aimed at South Florida

by Phil Hall | Mar 4, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

For the first time since December 2023, Germany has registered the most global web searches for South Florida real estate. According to data compiled by the Miami Association of Realtors, property seekers from 144 countries searched MiamiRealtors.com in January. The...
Florida Real Estate Agent Sentenced for Five Years of Tax Evasion

Florida Real Estate Agent Sentenced for Five Years of Tax Evasion

by Phil Hall | Feb 27, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A Florida real estate agent self-dubbed the “Land Man” was sentenced to 14 months in prison for failing to file his income tax returns during a five-year period. Sedita Charles Cayson was found guilty last month by a federal judge of five counts of willfully failing...
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