Fraud allegations against rental owners reach new high

Regulators and prosecutors are cracking down on landlords who’ve been falsifying income and expense data on crucial loan documents, according to a new feature published by “The Wall Street Journal.” Continue reading

Vatican official accused of perjury in $378M real estate lawsuit

After being sentenced by Vatican State Court for embezzlement and fraud, London-based Italian banker Raffaele Mincione is fighting back in UK courts with a countersuit accusing the Vatican of mishandling and mis-documenting funds. Continue reading

Vatican official accused of perjury in $378M real estate lawsuit

After being sentenced by Vatican State Court for embezzlement and fraud, London-based Italian banker Raffaele Mincione is fighting back in UK courts with a countersuit accusing the Vatican of mishandling and mis-documenting funds. Continue reading

Patrick Carroll released by LAPD on Wednesday following arrest

The multifamily investor has had a number of encounters with police in Miami and LA in recent months in response to disorderly behavior involving guns, as well as DUI and allegations of assault. Continue reading

RealPage lays off 4% of workforce amid ongoing lawsuits and probe

The layoffs include employees at various levels of the company and come as RealPage faces scrutiny from federal regulators, who claim its software allows landlords to collude on rent. Continue reading

Zillow partners with Moody’s on multifamily rental data

The partnership will give larger multifamily rental operators access to Moody’s data on topics such as rents, vacancies and inventory. Continue reading

Stop, collaborate, listen: Vanilla Ice is back with his top investment tips

After his music career faded, the 56-year-old rapper, born Robert Matthew Van Winkle, found a new calling: real estate investment. The 90s sensation offers five tips to succeed as as an investor. Continue reading

Your insights matter: Take the Inman Intel Index survey for June

The Inman Intel Index goes beyond sentiment and trends by tapping into the industry’s most engaged community. Add your voice to real estate’s most ambitious monthly survey today. Continue reading

RealPage breaks silence on federal price-fixing probe into Yardi system

CEO Dana Jones pushed back in a statement on Tuesday, saying RealPage isn’t responsible for an undersupply of rentals, increased demand for homes or inflationary pressures shaping the market. Continue reading

Legislation takes aim at hedge fund landlords — but challenges remain

Introduced in December, the “End Hedge Fund Control of American Homes Act” has stalled but seeks to deter large investors from gobbling up single-family homes. Critics say it’s misguided. Continue reading