Melville lawyer accused of stealing over $400K from real estate deal
SUFFOLK COUNTY, NY – A Long Island attorney was arrested Friday on charges that he stole more than $413,000 meant to pay off a client’s loan during a real estate closing. Prosecutors…
Blackstone draws over $24 billion commitments for latest real estate fund
(Reuters) – Buyout giant Blackstone Inc has secured commitments worth $24.1 billion for its latest real estate fund, according to a regulatory filing on Wednesday. The size of the new fund, called…
Jersey Shore Lawyer Charged for Stealing Money from Dead Client’s Estate
WEST LONG BRANCH, NJ – The Monmouth County Prosecutor’s Office has arrested 52-year-old West Long Branch Michael Botton, accusing him of stealing $58,000 from his deceased client’s estate. According to Acting Monmouth…
Bright MLS and California Regional MLS Partner to Change How Residential Real Estate Data is Collected and Distributed for Institutional Use
The two companies launch REdistribute, LLC to create a new venture that will help MLSs innovate, while ensuring brokers are compensated fairly ROCKVILLE, Md., and CHINO HILLS, Calif., July 14, 2022 —…
Credit Suisse delays real estate fund’s float due to market turbulence
ZURICH – Credit Suisse has postponed the initial public offering of its 1a Immo PK real estate fund, the bank said on Wednesday, citing current market turbulence. Preparations for the float were…
VETERAN REAL ESTATE EXECUTIVE JEFF WOCHNER NAMED LANDSEA HOMES’ CENTRAL FLORIDA DIVISION PRESIDENT
NEWPORT BEACH, Calif., July 11, 2022 — Landsea Homes Corporation (NASDAQ: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today that longtime and seasoned real estate executive Jeff…
Real estate giant appeals ‘each and every part’ of contempt order in New York Trump probe
By Jonathan Stempel NEW YORK – Cushman & Wakefield, which appraised several properties belonging to Donald Trump, on Wednesday appealed “each and every part” of an order finding it in contempt of…
Real estate firm Cushman & Wakefield held in contempt, fined $10,000 a day
(Reuters) – A New York judge on Tuesday held real estate firm Cushman & Wakefield PLC in contempt of court for not producing documents subpoenaed in a probe of former U.S. President…
Respected and Enduring Immigration and Real Estate Legal Firm, Liu & Bitterman PLLC, Celebrates 21st Anniversary by Announcing Reorganization – Samokhleb & Bitterman Law Group P.C.
‘No matter where you are, our law firm is always your most reliable friend’ NEW YORK, June 28, 2022 — ZL Capital’s affiliated law firm, Liu & Bitterman PLLC announced its reorganization…
Real Estate Developer Found Guilty of Fraud, Bribery and Obstruction Charges for Paying $500,000 in Cash to City Officials
LOS ANGELES – A real estate developer and one of his companies were found guilty by a jury today of federal criminal charges for providing $500,000 in cash to then-Los Angeles…
Vancouver Real Estate Developer Faces Federal Charges for Fraudulently Obtaining Covid-Relief Program Funds, Laundering Proceeds
PORTLAND, Ore.—A federal grand jury in Portland has returned an indictment charging a real estate developer residing in Vancouver, Washington, and Lake Havasu, Arizona, with fraudulently obtaining Covid-relief program funds and laundering…
Real estate firm must comply with New York AG’s Trump probe, court rules
NEW YORK – Real estate company Cushman & Wakefield PLC must comply with subpoenas from New York state Attorney General Letitia James as part of her civil investigation into former U.S. President…
Real estate brokers Compass, Redfin to cut jobs as housing market cools
(Reuters) – Real estate brokers Compass Inc and Redfin Corp said on Tuesday they will cut jobs as rising mortgage rates and the prospect of aggressive rate hikes eat into homebuying demand.…
Former Bank Vice President And Real Estate Developer Sentenced To Federal Prison For Bank Fraud Conspiracy And Aggravated Identity Theft
TALLAHASSEE, FLORIDA – Jennifer Woods, 46, of Panama City, Florida, and Jeffrey Cannon, 48, of Orlando, Florida, were sentenced on March 9, 2022, and today, respectively, after previously pleading guilty to charges…
California Real Estate Developer Faces Federal Charges for Using Stolen Identities to Obtain COVID-Relief Program Funds
PORTLAND, Ore.—A federal indictment was unsealed today charging a California real estate developer with using stolen identities to fraudulently obtain more than $1.5 million in loans intended to help small businesses during…
Real Estate Investors Flee From High-Tax States to Seek Floridian Rate Advantages – Income Realty Advisors Releases Free Guide Outlining Profitable Tax Advantages
NAPLES, Fla., May 18, 2022 — Income Realty Advisors (IRA) recently offered a new, comprehensive report detailing the tax advantages of purchasing Single Tenant, Net-Lease Properties with Credit Tenants (NNN) in the low-tax…
Salt Lake City Estate Planning Attorney Sentenced to 97 Months in Prison and Ordered to Pay over $12.7 Million Dollars to 26 Victims
SALT LAKE CITY – Attorney Calvin Curtis, 61, of Salt Lake City, was sentenced to serve 97 months in federal prison by a U.S. District Court Judge today. Curtis was ordered to…
Santa Clarita Man Agrees to Plead Guilty to Securities Fraud for Bilking Investors Who Purchased Real Estate ‘Coupon Bonds’
LOS ANGELES – A Santa Clarita resident who invested in real estate and sold “coupon bonds” that promised regular interest payments on top of principal repayment has agreed to plead guilty…
South Bay Man Pleads Guilty to Participating in a Multimillion-Dollar Real Estate Scam Involving Fake Open Houses at Not-for-Sale Homes
LOS ANGELES – A South Bay man pleaded guilty today to a federal criminal charge for participating with his sister in a $6 million real estate scam that involved listing homes…
Over 665,000 real estate agents in the U.S. get Lone Wolf Transactions as a member benefit
Associations across the country keep real estate’s leading transaction management solution in their members’ hands Tweet this “These incredible associations have stepped up and are supporting their members at a crucial time,”…
Real Estate Developer Agrees to Plead Guilty to Bribery Related to $45 Million Government Lease and Other Preferential Contracts
LOS ANGELES – A real estate developer has agreed to plead guilty to a federal criminal charge for offering to buy a million-dollar home for a Los Angeles County public official…
Local Real Estate Developer Pleads Guilty To Tax Evasion
GRAND RAPIDS, MICHIGAN – A man pleaded guilty to tax evasion arising from his near decade-long effort to prevent the IRS from collecting taxes he and his…
Former Real Estate Agent Sentenced to Prison for Wire Fraud and Money Laundering
PHOENIX, Ariz. – Sarah Nicole Kelley, 41, of Coolidge, Arizona, was sentenced last week by U.S. District Judge John J. Tuchi to 46 months in prison and ordered to pay $190,774.64 in…
Former Paralegal for Chicago Law Firm Charged With Embezzling Bankruptcy Estate Funds
CHICAGO — A former paralegal for a Chicago law firm has been indicted for allegedly embezzling more than $600,000 from bankruptcy estate accounts. BECKY LOUISE SUTTON fraudulently embezzled the funds from 2009…
Airbus defeats appeal by ‘Right Stuff’ pilot Chuck Yeager’s estate
By Jonathan Stempel (Reuters) – Airbus on Wednesday defeated an appeal by the estate of Chuck Yeager, the U.S. Air Force pilot who broke the sound barrier, accusing the aerospace company of…
Real Estate Broker Lawrence Vecchio Announces Web-based Solution for Real Estate Industry
KEYPORT, N.J., April 14, 2022 — At a Major Real Estate Conference recently held in New York, noted web-savvy real estate visionary, Larry Vecchio, unveiled an exclusively offered, web-based solution set to…
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