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Truist Foundation Pledges $500K for Idalia Relief Efforts

Truist Foundation Pledges $500K for Idalia Relief Efforts

by Phil Hall | Aug 30, 2023 | Current News & Events, Real Estate News, WRE News Exclusive

Truist Foundation, the philanthropic arm of Truist Financial Corp. (NYSE: TFC), has pledged $500,000 to support relief and recovery efforts for communities across the Florida Gulf Coast and Southeastern Seaboard impacted by Hurricane Idalia, which made landfall...
DeSantis’ Affordable Housing Director Suspended After Less Than Six Months

DeSantis’ Affordable Housing Director Suspended After Less Than Six Months

by Phil Hall | Aug 7, 2023 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida Gov. Ron DeSantis’ affordable housing director has been suspended from his job less than six months after he was hired. According to combined media reports, Michael DiNapoli, executive director of the Florida Housing Finance Corp., was placed on administrative...
Cher’s Former Miami Beach Mansion Listed at $42.5 Million

Cher’s Former Miami Beach Mansion Listed at $42.5 Million

by Phil Hall | Aug 3, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Miami Beach mansion that was once home to iconic singer-actress Cher has been listed for sale at $42.5 million. The 0.68-acre property in the La Gorce Island gated community features a 12,450-square-foot residence built in 1953. The Spanish-style residence has six...
Florida Scammer Pleads Guilty to Running Phony Mortgage Audit Service

Florida Scammer Pleads Guilty to Running Phony Mortgage Audit Service

by Phil Hall | Aug 2, 2023 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

A Florida man who engaged in a fraudulent mortgage audit operation is facing the prospect of up to 20 years in prison after pleading guilty to conspiracy to commit wire fraud. Brian Roy Lozito owned and managed American Investigative Services (AIS), which targeted...
High-Earning Households Exiting California and New York

High-Earning Households Exiting California and New York

by Phil Hall | Jul 25, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

High-earning American households are saying farewell to California and New York and relocating to Florida and Texas, according to a new study from SmartAsset. For this study, SmartAsset examined the inflow and outflow of tax filers making at least $200,000 in each...
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