Lawyer, Developer Plead Guilty to $3.5M Mortgage Fraud

    An attorney and a real estate developer from New Jersey have each admitted to conspiring to orchestrate a mortgage fraud scheme that caused a lender, Fannie Mae and insurers to lose more than $3.5 million. So reports My Central Jersey.

Commercial Lending

Commercial Lending (237)

Real Estate Fund Shuttered Over Alleged $630M Fraud

New Jersey state regulators have shut down Secaucus, N.J.-based National Realty Investment Advisors for allegedly fraudulently selling $630 million of securities to at least 1,800 investors nationwide. So reports NJBiz. Read more...

Inflation Impact Muted on Commercial Real Estate: Report

Commercial real estate landlords and tenants should be relatively insulated from the soaring inflation ravaging the wider economy, according to the commercial real estate services firm Cushman & Wakefield. So reports the Commercial Observer. Read more...

Commercial Property Sales Slow for First Time in 13 Months

The commercial real estate market has begun to cool amid higher interest rates and prices. So reports GlobeSt.com. Read more...

Single-Family Rentals See Start of Shrinking Profit Margins

After a dizzying boom as housing prices soared, profit margins on three-bedroom single-family home rentals narrowed in the first quarter of 2022, according to property data firm ATTOM. So reports the Commercial Observer. Read more...

32-Year-Old Grosses $431k from Real Estate Investing While Living in Van

A 32-year-old in California brought in gross rental income last year of $431,000 from the 61 rental units that he owns. So reports CNBC. Read more...

Commercial Real Estate Investment Hits First-Quarter Record

Commercial real estate investment activity jumped to its highest first-quarter level on record, exceeding the previous high from the first three months of 2007, according to Newmark. So reports the Commercial Observer. Read more...

Proptech Startup BackFlip Raises $8M for Fix-and-Flip Investors

BackFlip, a real estate and fintech startup focusing on entrepreneurs who invest in residential property, has announced $8 million in equity funding. So reports FinLedger. Read more...

Morningstar to Pay $1M Over Mortgage-Backed Securities Ratings

Investment research company Morningstar has inked a preliminary $1.15 million settlement with the SEC relating to its rating of commercial mortgage-backed securities. So reports Reuters. Read more...

Higher Rates Probably Won’t Help Commercial Cap Rates: NAR

Capitalization rates for commercial real estate will probably continue to compress in 2022 despite upward pressure from rising interest rates. That’s according to a blog post by economists at the National Association of Realtors. Read more...

Real Estate Investor Cadre Poaches Goldman Sachs Honcho

Cadre, a fintech startup that allows investors to buy stakes in commercial real estate, has hired Goldman Sachs consumer bank branding chief Dustin Cohn as chief marketing officer. So reports CNBC. Read more...

Kitchen Renovations Give Best Bang for Buck, Investors Say

Among renovations meant to add resale value, fixing up kitchens offers the best return on investment, the bulk of real estate investors said in a recent survey.  Read more...

Mortgage Startup Vontive Tries to Streamline Real Estate Investing

Vontive, an online mortgage startup, has raised $135 million in funding for its effort to streamline the process of real estate investing. So reports TechCrunch. Read more...

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