distressed properties


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Wholesale home flippers don’t hold real estate licenses, making it difficult for regulators to crack down on the practice. (Getty)
National

‘Wholesaler’ home flippers prompt new regulations

A new kind of house flipper has infiltrated low-income neighborhoods, prompting local governments and agencies to enact more restrictive...

‘Wholesaler’ home flippers prompt new regulations
84 William St, NY and 1400 N. Orleans St, Chicago (Google Maps, iStock)
National

Prodigy Network files for bankruptcy as lawsuits mount

The beleaguered real estate crowdfunding company Prodigy Network filed for bankruptcy on Thursday as lawsuits pile up and its...

Prodigy Network files for bankruptcy as lawsuits mount
Larry Korman and Joe Lubeck (iStock)
National

Electra America, AKA launch $500M hotel fund

A multifamily investment firm and a luxury hotel residences company have partnered to launch a $500 million hotel investment...

Electra America, AKA launch $500M hotel fund

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