Oren and Alon Alexander named in new lawsuit alleging rape in Aspen

The lawsuit filed on Monday alleges that the brothers in 2017 lured a 17-year-old minor and her two friends to their hotel room where they then sexually assaulted the women. Continue reading

Housing inventory hits post-2020 high as unsold homes linger

In November, active listings rose 0.5 percent month over month and 12.1 percent year over year, according to Redfin’s analysis. Continue reading

EXp World Holdings sells Virbela, the firm that made its virtual world

The sale, to Virbela’s cofounders Alex Howland and Erik Hill, closed at the end of November. It comes at a time when virtual worlds and the metaverse have waned as a topic of excitement. Continue reading

Coldwell Banker Warburg launches new office in Brooklyn

The firm’s Dumbo outpost will feature a separate creative space for agents and brokers that will allow them access to resources for media production and personal branding. Continue reading

Acre Homes’ latest seed round brings total raised to $10M

Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of … Continue reading

Douglas Elliman of California and former escrow head settle lawsuits

The lawsuits alleging kickbacks by high profile brokers, which were launched in October, are now resolved. Founder and former CEO of Portfolio Escrow Bill Grasska said he is “committed to ensuring my name remains synonymous with integrity and excellence.” Continue reading

Alexander brothers kept in custody after Friday court appearance

Oren and Alon will be held in federal custody at least until their detention hearing on Dec. 30. Assistant U.S. Attorneys said in a new filing that Tal’s motion to reopen his detention hearing “should be denied in its entirety.” Continue reading

Sherry Chris steps down from advisory role at Anywhere

A year and a half after transitioning from her chief executive position to an advisory role, Chris announced that she’s “on to a new adventure.” Continue reading

Fifth Wall Ventures targets $500M for new real estate tech fund

Fifth Wall Ventures, a venture-capital firm, plans to raise an impressive $500 million for a new fund, the Fifth Wall REACT Fund, according to a new regulatory filing on Wednesday. Continue reading

Existing-home sales surge to highest level in more than 3 years

Existing-home sales rose 6.1 percent annually in November while three out of four U.S. regions saw increases from 2023, according to new data released Thursday by the National Association of Realtors. Continue reading