LOS ANGELES — A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide claiming that longstanding practices by real estate brokerages forced U.S. homeowners to pay artificially inflated broker commissions when they sold their homes. HomeServices of America said Friday that the proposed settlement would […]
Remote work, a holdover from the pandemic, is leaving downtown office space empty and depressing property values even as billions in loans come due. Interest rates are sky-high. And a regional banking crisis spurred tighter lending standards, making it harder for property owners to borrow. Welcome to the great commercial real estate panic of 2024. […]
A real estate expert told CNN this week that former President Donald Trump could sell one of his high-profile properties by Monday in order to prevent the state of New York from seizing his assets. Brown Harris Stevens CEO Bess Freedman told network host Erin Burnett that Trump’s prized Mar-a-Lago resort and residence in Palm Beach, […]
New York Attorney General Letitia James has reportedly begun the process of seizing his iconic forested New York estate. The Daily Beast reported Thursday that Ms. James has effectively put a lien on his Seven Springs estate north of New York City. The outlet cited “public records and several court clerks who spoke to The […]
Former President Donald Trump formally notified the New York courts on Monday he will appeal a judgment that found his real estate business liable for rampant fraud and ordered him to pay $364 million in fines. Lawyers for Mr. Trump, his two eldest sons and the Trump Organization hope the First Judicial Department Appellate Division […]
One crime precipitated all the rest, including the fatal tragedy of which attorneys have made a virtual mockery. According to The Florida Times-Union, in Jacksonville, Florida, attorneys for 19-year-old Guatemalan illegal immigrant Virgilio Aguilar Mendez have filed a federal lawsuit against St. Johns County, Florida, and two law-enforcement officials, including the estate of the late […]
Former President Donald Trump is pointing to turmoil in the commercial real estate and banking industry to argue his real estate transactions were pristine and should not be sanctioned by a New York judge weighing whether the Trump Organization committed fraud. Mr. Trump is waiting for Judge Arthur Engoron in Manhattan to decide whether Mr. […]
A war with artificial intelligence could be looming, but unlike in “The Terminator,” this resistance looks to be spearheaded by a late comedian and the world’s most popular pop star. Both pop star Taylor Swift and the estate of the late comedian George Carlin have voiced strong displeasure with the way AI has been utilized […]
In a reminder that shadows fall over the lives of the rich and famous, comedian Jay Leno has revealed that his 77-year-old wife, Mavis, suffers from dementia. On Friday, Leno cited dementia as the reason he was seeking a conservatorship of his wife’s estate, according to NBC. “Unfortunately, Mavis has been progressively losing capacity and […]
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