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Ex-Seattle Real Estate Agent Convicted on Multiple Fraud Charges

Ex-Seattle Real Estate Agent Convicted on Multiple Fraud Charges

by Phil Hall | Dec 22, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A former Seattle real estate agent who operated a real estate investment fund was convicted in US District Court in Seattle of conspiracy to commit wire fraud and multiple counts of wire fraud, money laundering, and tax fraud. Tamara King, aka Tamara Waln, of Toledo,...
Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme

Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme

by Phil Hall | Dec 12, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Matthew Thomas Onofrio, a Minnesota real estate investor who previously worked as a nurse anesthetist, was sentenced to 36 months in federal prison for carrying out a $420 million bank fraud scheme. According to the charges against him, Onofrio used online...
Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties

Fort Point Real Estate Partners Launches with Portfolio of 40 San Francisco Properties

by Phil Hall | Dec 11, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fort Point Real Estate Partners, a San Francisco–based real estate investment firm, announced its official launch with the assembly of a 40-building portfolio of residential and mixed-use properties across San Francisco. The portfolio was aggregated over the last 12...
Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year

Q3 Real Estate Investor Purchasing Up by Only 1% Year-Over-Year

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

Real estate investors purchased 17% of homes sold during the third quarter, up by a scant 1% from a 16% share recorded one year earlier. According to data from Redfin, the total investor home purchases came to roughly 52,000 transactions. Investors bought 1% more...
New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market

New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market

by Phil Hall | Dec 5, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Saudi Arabia’s Real Estate General Authority (REGA) has launched “Saudi Properties” as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law...
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