Languishing student housing firm on the hook for $50M
A languishing student housing firm is on the verge of crumbling after settling a lawsuit with investors at its...
Real Estate Lawsuits
The Latest
Redfin settles redlining lawsuit for $4M
Redfin will fork over $4 million to settle a discrimination suit that claimed the company failed to provide brokerage services for homes listed below a certain price, a practice that plaintiffs dubbed “digital redlining.”...
Lawsuit aims to bring EB-5 back from the dead
The EB-5 “cash for visas” program essentially came to a halt when Congress failed to reauthorize its regional centers...
Fortress takes aim at troubled student housing firm
A student housing empire already struggling with foreclosures and lawsuits has made a multi-billion-dollar enemy: Fortress Investment Group. Nelson...
Judge denies motion to dismiss broker commissions lawsuit
In the quest to explain why home sale commissions are consistently high, it turns out conspiracy theorists could be...
Buyers go bonkers as Macklowe art auction fetches $676M
Reverberations from Harry and Linda Macklowe’s acrimonious divorce echoed throughout the art world Monday night as more than half...
Massive student housing firm bilked on upscale complexes, tenants and investors say
Patrick Nelson’s student housing empire appears to be crumbling beneath him, angering the investors and tenants close to Nelson...
Miami Issue
An alleged Miami Ponzi hustle
Like most alleged Ponzi schemes, a Miami-based troika’s plan to tap South American investors to fund their real estate projects started off with non-criminal, ambitious intentions. Ernesto Weisson, a Coconut Grove businessman and architect...
“He is a monster”: Virginia landlord faces $8M lawsuit
Tenants in southeastern Virginia alleged a landlord left properties in dilapidated states and repeatedly inflicted racist and sexist harassment...
NAR should play ball with regulators: antitrust experts
Antitrust experts recently advised the National Association of Realtors and other industry members to work with federal authorities as...
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