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Fair Housing Nonprofits Sue HUD and DOGE Over Grants Cancellation

Fair Housing Nonprofits Sue HUD and DOGE Over Grants Cancellation

by Phil Hall | Mar 14, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Three nonprofit fair housing organizations are suing the Department of Housing and Urban Development (HUD) and the Department of Government Efficiency (DOGE) over the cancellation of approximately $30 million in grant funding. The New York Times reported the lawsuit,...
Don King Punched with $5.35 Million Foreclosure Lawsuit

Don King Punched with $5.35 Million Foreclosure Lawsuit

by Phil Hall | Mar 12, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The iconic and often controversial boxing promoter Don King was named in a $5.35 million foreclosure lawsuit over his headquarters complex in Deerfield Beach, Florida. According to combined media reports, the lawsuit was filed last week by Blueprint 501LLC, affiliate...
Fair Housing Nonprofits Sue HUD and DOGE Over Grants Cancellation

Wells Fargo Sues JPMorgan Over Defaulted $481 Million Loan

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

Wells Fargo (NYSE: WFC), the nation’s fourth-largest bank, has sued JPMorgan Chase (NYSE: JPM), the nation’s largest bank, to recover losses for investors in a $481 million commercial real estate loan that was allegedly made with an inflated financial metric. Reuters...
Fortis Property Group Sued Over Alleged Asset Misrepresentation on Brooklyn Development

Fortis Property Group Sued Over Alleged Asset Misrepresentation on Brooklyn Development

by Phil Hall | Mar 3, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Fortis Property Group is being sued for allegedly lying about the value of assets at Olympia Dumbo, its residential development in Brooklyn. Crain’s New York Business reports Fortis is being accused of misrepresenting the prospective sale prices of a commercial garage...
Fair Housing Nonprofits Sue HUD and DOGE Over Grants Cancellation

11 More Women File Sexual Assault Lawsuits Against the Alexander Brothers

by Phil Hall | Feb 19, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Eleven women filed lawsuits against the Alexander Brothers, expanding the civil litigation charging the real estate family siblings with sexual assaults. The Real Deal reports most of the lawsuits accused Oren and/or Tal Alexanders for assaults that allegedly occurred...
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