Author: realejuicey

A big highrise hotel in downtown Oakland has tumbled into default on a delinquent loan.

Elie Schwartz pleaded guilty to wire fraud for a $62.8 million investment fraud scheme, defrauding over 800 investors through misused funds for personal gains, with sentencing set for May 19, 2025.

In the world of commercial real estate, having tenacity can help you think strategically and be persistent. You’ll be able to make the right investment.

Q: As a single mom, I bought a house with my son about a decade ago. We used both incomes to qualify for the mortgage and split the costs. A few years later, he began a relationship, and his significant other moved in. Eventually, I met someone, and we want to buy a house. The problem is that we can’t qualify for the loan because I have the existing mortgage on my credit. My son wants to stay …

According to prosecutors, more than 800 people invested $62.8 million with Elie Schwartz.

Housing experts are concerned that a lack of supply will cause housing prices to soar higher than they already are.

Moorestown’s largest income-restricted apartment building is opening soon. But getting to this point hasn’t been easy. The 76-unit building is the township’s third attempt at providing affordable housing along a mostly commercial stretch of Route 38. Legal hurdles and opposition from residents killed two previous efforts. The development that’s now under construction is helping Moorestown chip …

Moorestown’s largest income-restricted apartment building is opening soon. But getting to this point hasn’t been easy. The 76-unit building is the township’s third attempt at providing affordable housing along a mostly commercial stretch of Route 38. Legal hurdles and opposition from residents killed two previous efforts. The development that’s now under construction is helping Moorestown chip …

A reader asks real estate lawyer Gary Singer: I want out of a joint home ownership with my son so I can buy a new property. What are my options?

Reinforcing its status as a prime investment destination