The condo market has become so bad – pause for a “Match Game”-style response of “How bad is it?” – that nearly seven in 10 (68%) condos sold below list price in the first quarter, the lowest share in five years. Furthermore, new data from Redfin (NASDAQ: RDFN) found...
A pair of new real estate-focused book have been released, one highlighting Section 1031 Exchanges and the other offering strategies for selling commercial properties. Louis J. Rogers, founder and co-CEO of Capital Square, has authored the new “Section 1031 Exchanges:...
Elchonon “Elie” Schwartz, the CEO of the commercial real estate investment firm Nightingale Properties, was sentenced to 87 months in prison for conducting a fraud scheme that siphoned $62.8 million from more than 800 investors. Schwartz solicited investments through...
A real estate developer pleaded guilty to defrauding investors out of more than $13 million with scams involving fraudulent projects in Latin America. Barry Breeman, 75, of Tuxedo Park, New York, solicited investments in various real estate projects through false and...
Silk Road Properties Income Fund, a $10 million private real estate investment fund that adheres to Islamic finance principles, has been launched. Created by Apex Capital Group, a Princeton, New Jersey-based real estate investment firm, the fund aims to acquire...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
