RentSpree releases new income verification reporting tool

RentSpree’s latest reporting product is designed to help property management providers more accurately verify the income of lease applicants. Continue reading

Matterport revenue grows, losses improve during Q2

Total revenue grew to $42.2 million during the second quarter of 2024, up from $39.6 million the previous year, as the company worked to increase its market share. Continue reading

Investment firm loses former Trump hotel to foreclosure auction

Miami-based investment firm CGI Merchant Group purchased the luxury hotel in 2022 for $375 million with a $285 million loan from BDT & MSD Partners. By 2023, the firm had defaulted on its debt. Continue reading

Florida Realtor association keys in on partnership with SentriLock

Orlando Regional Realtor Association, one of the nation’s top 10 largest multiple listing services, has made its decision on an official lockbox partner by selecting SentriLock, one of two primary industry providers. Continue reading

Mixed-use development delayed 18 months after radioactive findings

The U.S. Navy will expand a toxic remediation project at the Hunter’s Point Shipyard after radioactive findings at the site. Continue reading

Victims awarded $12M in flipper scheme repped by HGTV stars

The Federal Trade Commission (FTC) is distributing $12 million in payments to customers caught in a real estate house-flipping scheme operated by Zurixx, LLC. Continue reading

Patrick Carroll makes LA court appearance amid felony charge

Carroll appeared before LA Superior Court judge Francis Bennett II on Tuesday following his July 1 arrest by LAPD and agreed to waive his rights to be present for court dates in the future. Continue reading

NYC developer, wife part ways with Greenwich Village home for $21.5M

The multi-family residence sold on July 31 for $21.5 million. The couple purchased the home in 2011 for $12.7 million.  Continue reading

High mortgage rates cool down prices in these US metros

Home prices and sales have declined as the demand from all buyers, including investors and buyers interested in building homes, has cooled, according to a report from CoreLogic. Continue reading