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Hits and Misses for the Real Estate Week of Aug. 3-7

Hits and Misses for the Real Estate Week of Aug. 3-7

by Phil Hall | Aug 7, 2026 | Hits and Misses, News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new wave of knockabout from Bill Pulte and Zohran Mamdani (yes, them again), an unpleasant boss leaves his corner office, and a bright group of college students dive into real estate investing. From the wild and wooly world of real estate, here are our Hits and...
Arkansas Man Sentenced for Trying to Sell Property He Didn’t Own

Arkansas Man Sentenced for Trying to Sell Property He Didn’t Own

by Phil Hall | Aug 7, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

An Arkansas man was sentenced yesterday to 180 months in prison for attempting to sell real estate he did not own and unlawfully trying to use another person’s identify in the attempt. According to court documents, Steven James Smith entered into purchase agreements...
Bail Revoked for San Francisco Real Estate Investor Who Evaded a Bench Warrant for 6 Months

Bail Revoked for San Francisco Real Estate Investor Who Evaded a Bench Warrant for 6 Months

by Phil Hall | Aug 5, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A federal judge has revoked the bail of a former San Francisco real estate investor who evaded a bench warrant for six months after being arrested in January arrest for threatening to shoot two people near his property. Courthouse News Service reports US Magistrate...
Turkey Revokes Citizenship of 687 Foreign Nationals Linked to Property Fraud Scheme

Turkey Revokes Citizenship of 687 Foreign Nationals Linked to Property Fraud Scheme

by Phil Hall | Aug 5, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Turkish government has begun the process of revoking the citizenship of 687 foreign nationals involved in a scheme that used fraudulent property transactions to qualify applicants for Turkish citizenship. Turkey grants citizenship to eligible foreign investors...
Ex-CPA Sentenced for Role in Lender Fraud Scheme

Ex-CPA Sentenced for Role in Lender Fraud Scheme

by Phil Hall | Aug 3, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A former Massachusetts-based certified public accountant (CPA) was sentenced to six months in federal prison for her role in a $19 million fraud scheme involving commercial properties. Christine Gendron was also ordered to pay $392,607 in restitution. After her...
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