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California Sues Five Cities Over State Housing Law Compliance

by Phil Hall | Jul 17, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California has filed legal action against five local governments for not being in compliance with the state’s Housing Element Law. The law requires California’s cities and counties to update their housing plans every eight years to meet its Regional Housing Needs...
Real Estate Agent Sentenced for Price Gouging LA Wildfire Victims

Real Estate Agent Sentenced for Price Gouging LA Wildfire Victims

by Phil Hall | Jul 13, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

California Attorney General Rob Bonta announced the sentencing of a real estate agent for price gouging related to Los Angeles County’s Eaton Fire. According to a statement from Bonta’s office, Mike Kobeissi of Kobeissi Properties was sentenced to 12 months of...
Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software

Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software

by Phil Hall | Nov 21, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Greystar Management Services LLC has reached a $7 million settlement with nine states that sued the property management company for allegedly inflating housing costs by using rent-setting algorithms from software companies including RealPage. As part of...
California Attorney General Sues Statewide Landlord, Citing Violations of Multiple Laws

California Attorney General Sues Statewide Landlord, Citing Violations of Multiple Laws

by Phil Hall | Jun 13, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

California Attorney General Rob Bonta has filed a lawsuit against PAMA Management, a group of property management and real estate holding companies owned by Swaranjit “Mike” Nijjar, his sister Daljit “DJ” Kler, and other members of his family. The Nijjar family and...
California Company Settles Charges of Predatory Practices and Unlawful Contracts

California Company Settles Charges of Predatory Practices and Unlawful Contracts

by Phil Hall | Apr 8, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

California Attorney General Rob Bonta announced a settlement with Oakland-based HomeOptions and its CEO Kevin Li that resolves charges of a predatory real estate scheme impacting over 500 homeowners. According to Bonta’s office, HomeOptions lured financially...
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