March 19, 2025 - 03:44
A shocking real estate scam has come to light in Queens, where a local realtor and three accomplices are accused of using forged documents to illegally seize three homes from their rightful owners. Among the victims are two elderly women, highlighting the predatory nature of the alleged scheme. Authorities revealed that the group employed fake deeds, forged signatures, and fraudulent paperwork to manipulate the legal ownership of the properties.
The accused individuals reportedly aimed to evict the residents from their homes, intending to sell the properties for a significant profit. The case took a turn when a third-party buyer, unaware of the illegal activities, initiated a lawsuit against one of the suspects, further complicating the situation. Prosecutors are treating this case with urgency, emphasizing the need to protect vulnerable homeowners from such deceitful practices. As the investigation continues, the community remains on high alert for similar scams that exploit unsuspecting individuals.
September 13, 2025 - 21:42
Rise in Short Interest Among S&P 500 Real Estate Stocks Noted in AugustAt the end of August, the average short interest in S&P 500 real estate stocks saw a slight uptick, rising to 2.62% of the shares float compared to 2.60% at the end of July. This increase indicates...
September 13, 2025 - 02:53
Generous Donation Fuels Expansion of Real Estate Education at the University of AlabamaA transformative $5 million gift from Rance and Angie Sanders is set to enhance the University of Alabama`s Real Estate Program, providing students with essential educational resources in a rapidly...
September 12, 2025 - 18:16
The Importance of Energy Efficiency in Real Estate DecarbonisationThe World Economic Forum has highlighted the significant role of real estate in the global emissions landscape, attributing 40% of total emissions to this sector. This alarming statistic...
September 12, 2025 - 08:46
Milestone Group Successfully Closes $1.1 Billion Real Estate FundDallas-based Milestone Group has announced the successful closing of its Milestone Real Estate Investors VI fund, reaching an impressive $1.1 billion. This achievement comes in a challenging...