America’s wealthiest real estate billionaires in 2023

From multifamily unit holdings to industrial properties, some of real estate’s wealthiest billionaires made out better than others this year. Collectively, Forbes’ list of the 25 wealthiest real estate tycoons are worth about $139 billion. Continue reading

Trump pricing ploys extreme but familiar, real estate investors say

Penalties tied to Trump’s unscrupulous real estate valuations could skyrocket to $250 million. His legal team dismissed it all as “business as usual.” Investors told Inman it’s more complicated than that. Continue reading

Donald Trump found liable for fraud for inflating real estate holdings

A New York State judge found that the former president and his associates deceived banks, insurers and others by massively overvaluing his net worth. Continue reading

Trump inflated property values by as much as $2B, New York AG says

Former President Donald Trump is accused of inflating his net worth by up to $2.2 billion, New York Attorney General Letitia James revealed in court documents released to the public on Wednesday. Continue reading

Developer Richard LeFrak steps down from 140-year-old family firm

The longtime developer and CEO, who inherited the helm from his father Sam, will continue to work at LeFrak Organization as his sons, Jamie and Harrison, lead the company into the future. Continue reading

Bots can create almost any image. Here’s what agents should know

Artificial intelligence tools such as DALL-E 2 and Midjourney are revolutionizing visual content. They also present agents with unprecedented opportunities. Continue reading

Political analysts at NAR: ‘The politics of our country is broken’

Karl Rove, deputy chief of staff to President George W. Bush, and April Ryan, the longest-serving Black female White House correspondent, spoke at NAR’s Legislative and Political forum Saturday. Continue reading

Colony Capital founder Thomas Barrack acquitted by federal jury

On Friday, a federal jury found Thomas J. Barrack Jr., a real estate investor and close adviser to former President Donald Trump, not guilty of foreign lobbying and lying to the FBI, reports say. Continue reading

5 properties Trump is accused of overvaluing in new civil lawsuit

The former president was hit with a lawsuit that accuses him, among other charges, of drastically overstating the value of his real estate holdings. Continue reading

High profile firm to turn over info on Trump’s real estate deals

Cushman & Wakefield was going to have to pay $10,000 for not complying with subpoenas that are part of an investigation into the Trump Organization. Continue reading