New York
Mar 22, 2025
Developers adapt to 485x and a CMBS rebound
An office revival, a Queens deed fraud scam and more New York real estate news
Fraud
National
Mar 19, 2025
Strip mall mogul sentenced in WeWork options scheme
Jonathan Larmore faces five years in prison after fraud conviction
National
Mar 19, 2025
Jilted CrowdStreet investors file $1B class-action suit over unregistered broker-dealer claims
Customers aim to recoup more than $1B in investments made before 2023
New York
Mar 19, 2025
Real estate agent charged in deed fraud scheme targeting seniors
Defendants allegedly stole three homes from rightful owners
Tri-State
Mar 18, 2025
Mortgage fraud co-conspirator sentenced to “significant” 30 months
Moshe Silber, now banned from industry, once held $1B in real estate
South Florida
Mar 11, 2025
Nigerian national extradited to face decade-old federal charges in multimillion-dollar South Florida mortgage fraud scheme
Indictment filed in 2014 also targeted former North Miami Beach mayor who served time in prison
Tri-State
Mar 10, 2025
How Mark Nussbaum went from transactional lawyer to escrow-funded dealmaker
The behind-the-scenes player is in the spotlight after allegations of missing funds
Chicago
Mar 7, 2025
Investors come for CrowdStreet, Loop office deal as Elie Schwartz fallout mushrooms
Backers of Nightingale Properties acquisition of 200 West Jackson want a refund
New York
Mar 5, 2025
HFZ’s Anthony Marrone pleads guilty in fraud scheme
Group’s former exec is the second employee to enter guilty plea
National
Mar 5, 2025
Exclusive: Fannie Mae’s blacklist of real estate players revealed
Internal email claims agency had $700M in exposure to suspect borrowers
New York
Mar 4, 2025
Judge to Elie Schwartz: Get out of your Upper West Side penthouse
Nightingale CEO ordered to vacate as trustee liquidates assets
San Francisco
Mar 3, 2025
SF developer Gregory Malin owes $50M, living “life of luxury”
Gregory Malin spending thousands on travel, dinners, wine and cigars, court docs say
South Florida
Feb 27, 2025
Nightingale’s lender takes over Miami Beach building tied to Elie Schwartz scandal
Eight-story mixed-use project is in a prime spot, but buyers will seek price discount, brokers say
New York
Feb 21, 2025
Elie Schwartz hit with new fraud charges by SEC
Feds add to claims Schwartz misused investor money, citing Miami penthouse
New York
Feb 13, 2025
Judge revokes Moshe Silber’s bail after new criminal charges
Multifamily landlord violated bail terms in fraud case, DOJ alleges
New York
Feb 13, 2025
Nightingale’s Elie Schwartz pleads guilty in massive crowdfunding fiasco
Schwartz used crowdfunding investor money to buy luxury watches, First Republic stock: DOJ
New York
Feb 6, 2025
Judge denies Nir Meir’s pleas for drastic bail reduction
Attorney for former HFZ Capital exec called bail decision “pre-conviction punishment”
New York
Feb 5, 2025
Moshe Silber, Fred Schulman hit with felony charges over Pennsylvania apartments
Tenants in their Pittsburgh multifamily allegedly faced deplorable living conditions, raw sewage in streets
Tri-State
Jan 29, 2025
NJ developer tied to Menendez scandal gets 7 years in prison
Fred Daibes bribed senator in return for Qatari royal investment
New York
Jan 28, 2025
Indicted investor Moshe Silber reveals he owned a jet, millions in cars, jewelry and around $1B in real estate, docs show
Silber and alleged co-conspirator Fred Schulman seek to delay sentencing in DOJ fraud case