Hackman Capital Partners is suing Erewhon over unpaid rent — claiming its luxe Culver Steps tenant owes more than $275,000, in a breach-of-contract complaint dated May 21. Their lease agreement was made... Read more »
The complaint stems from a Home Equity Conversion Mortgage (HECM) that Cleveland Mayo obtained in June 2011 after being diagnosed with kidney failure. According to the lawsuit, Mayo believed the loan would... Read more »
When the Palisades and Eaton fires displaced thousands of tenants last year, landlords across L.A. jacked up rental prices while the flames were still burning. Officials were quick to respond, vowing crackdowns... Read more »
Arnel Management Co. has agreed to settle allegations it illegally withheld security deposits, the California attorney general announced Friday. The move came nearly eight years after a Times story detailed reports from... Read more »
Two years ago, sheriff’s deputies found 96-year-old Violet Evelyn Alberts strangled inside her hillside home in Montecito. Last week, the Santa Barbara County Sheriff’s Department announced the arrest of three people charged... Read more »
Lights, camera, lawsuit! A copycat commission lawsuit has been filed in Los Angeles. The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate... Read more »
The latest copycat commission lawsuit alleges that real estate industry players in Nevada have colluded to artificially inflate real estate agent commissions. The suit was filed on Monday in U.S. District Court... Read more »
Top-10 mortgage lender Guaranteed Rate has filed a lawsuit against retail rival New American Funding over poaching. But this isn’t your standard poaching lawsuit: G-Rate alleges that NAF has wooed at least... Read more »
Florida company targeted California homeowners with predatory scheme, state attorney general alleges
The California attorney general has sued a Florida-based real estate firm, alleging it ran a predatory scheme that limited homeowners’ ability to sell and left them vulnerable to owing thousands of dollars.... Read more »
In recent months, the New York Times has worked to expose what is has termed a “culture of fear” in the real estate industry, first setting its sights on the National Association... Read more »