South Florida
Mar 21, 2025
Ivan Herrera’s Unicapital pays $72M for late Sergio Pino’s apartment building
Trustee for developer’s ownership entity sold eight-story project with 230 units in Miami
Lawsuits
Chicago
Mar 21, 2025
Trump Tower condo dispute boils over into federal lawsuit
Ex-board director claims Trump Inc. retaliated for raising transparency concerns
South Florida
Mar 18, 2025
Tourmaline pays $76M for Coral Gables office complex facing foreclosure
Lender Värde Partners had alleged the previous owner, Affinius Capital, defaulted on a $69M debt
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 13, 2025
More South Florida distress: Brickell commercial condo owner’s bankruptcy filing delays foreclosure sale
Venezuelan ex-banker Eligio Cedeño’s entity allegedly defaulted on two loans totaling $13M
South Florida
Mar 13, 2025
Botched $11M land deal costs city of Doral nearly double the price six years later
Elected officials approved settlement to pay property owner $21M for using vacant site as a staging area before completing purchase
South Florida
Mar 12, 2025
Collins Avenue retail storefront targeted in $6M foreclosure
Flagstar Bank alleges Brooklyn-based landlord missed monthly payments since January
Chicago
Mar 12, 2025
Investor pitches office-to-resi for embattled Pittsfield Building
Tom Liravongsa plans 214 apartments for building at center of developer’s lawsuit
South Florida
Mar 11, 2025
Only in America! Don King slapped with foreclosure lawsuit alleging $5M default
Trump loving boxing promoter could lose Deerfield Beach warehouse
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
New York
Mar 7, 2025
Judge sides with Serhant agent in commission fight with Elliman’s Josh Rubin
Sean McPeak's brokerage cried foul over expired listing agreement after bringing buyer in $4M deal
Washington D.C.
Mar 7, 2025
Judge issues scathing decision against Ben Ashkenazy in Union Station case
Developer “had sufficient resources to repay the loan but chose not to”
Chicago
Mar 6, 2025
Habitat Co. sues Chicago Housing Authority over lead poisoning missteps
Real estate firm alleges CHA failed to defend it in court, reneged on key legal protections in case that led to $24M payout
Chicago
Mar 5, 2025
Landlord slapped with $80K punishment for immigration threat against tenant
First judgement under Illinois Immigrant Tenant Protection Act
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
South Florida
Mar 4, 2025
Fraud accusations fly in Miami waterfront dev site foreclosure suit
Lender accuses Gomez Development, JV of falsely representing ability to repay $10M loan
New York
Mar 4, 2025
Isaac and Eli Chetrit near end of Maverick nightmare
Chetrits close to finalizing refinancing of Soho property, ending a foreclosure by Maverick Real Estate Partners
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
National
Mar 3, 2025
Rape claims against Alexanders swell as New York law expires
Nearly 30 civil actions alleging sexual assault have been filed in the past year
South Florida
Feb 28, 2025
Foreclosure woes worsen for Raoul Thomas’ CGI Merchant Group
His firm recently lost Coconut Grove HQ at auction to Torose Equities, and now another lender is breathing down his neck in Coral Gables