The Pipeline: Commercial real estate roundup for 8.11.23
The sale of $4.1 million office building and lease of 12,000 square feet of industrial space in Henrico tops the transactions. (BizSense Pro subscription required)
Welcome to Real Estate Friday!
Live a comfortable, gracious life in this gorgeous house perfectly located in the heart of Lenox, offered by Selina Lamb of BIRCH Properties. The real estate market is down but opportunities still exist. Designer/developer Bobby Houston takes us through an amazing restoration in downtown Great Barrington. Plus, real estate market view, recent sales, gardening columns and more.
Gov. Holcomb recognizes Fort Wayne real estate agency for 140 years of business
Feichter REALTORS was the only business from Allen County to receive the 2023 Century Award.
Cyberattack knocks out MLS real estate listings; Bakersfield Assn. of Realtors trying work-around
BAKERSFIELD, Calif. (KGET) — A key business partner of the Bakersfield Association of Realtors has been hit with a cyberattack that has knocked out the MLS – the real estate listings Realtors…
Vancouver real estate broker hit with $58,000 penalty for money laundering breaches
The broker was found to be in non-compliance of a number of regulations connected to money laundering and the Terrorist Financing Act.
2.7-acre Back Bay oasis in Newport Beach lists for $32 million
For nearly six decades, it has been in the family of the late real estate developer Harry Rinker.
Dallas Real Estate Fraudster’s Father Responds to Accusations
When Dallas real estate investor Raheel Bhai pleaded guilty to wire fraud in March, his father was accused of helping his son steal millions of dollars of lender funds. Now the father, Ismail Essa Bhai, is speaking out to deny those allegations, Bisnow reported. Benefit Street Partners, a New York-based lender defrauded by Raheel Bhai, […]
Ex Bay Harbor Attorney Pleads Guilty in Real Estate Fraud
The former town attorney for Bay Harbor Islands pleaded guilty to two counts of wire fraud after allegedly orchestrating a multimillion-dollar real estate scheme. Craig Sherman, town attorney for more than 40 years, admitted that he defrauded friends and clients through the scheme, which ran from 2013 to 2020. Sherman secured investments for real estate […]
WaPo & Co. Scapegoat Remote Workers for Urban Real Estate Woes
Corporate media outlets suggest that wealthy office real-estate developers have become the victims of a recalcitrant remote labor force.
Opinion: The invasion of the flat-fee, low-cost real estate brokerage
Flat-fee brokers advertise themselves as 100% firms. Agents under their flag get to keep 100% of the commission earned in a transaction.