MBK Rental Living Divests Class A Multifamily in Duarte

MBK Rental Living Divests Class A Multifamily in Duarte

MBK Rental Living has completed the sale of its Esperanza at Duarte Station, a 344-unit new transit-oriented Class A apartment community in Duarte, to an undisclosed buyer. Developed as a joint venture of MBK Rental... Read more »
What Net Worth Do California Residents Need to Be Considered Upper Class by 2027? Here’s What You Need to Know for Estate Planning

What Net Worth Do California Residents Need to Be Considered Upper Class by 2027? Here’s What You Need to Know for Estate Planning

If you’re a California resident working to protect your family’s financial future, understanding wealth thresholds can help you make smarter estate planning decisions. According to recent financial analysis from Yahoo Finance, the... Read more »

Impossibly high home prices are 'feudalizing' California as unaffordable housing markets pose existential threat to middle class, study says – JASON MA, Fortune

There are unaffordable housing markets, and then there are “impossibly unaffordable” markets, four of which are in California, a recent study said. The housing crisis represents an obstacle to upward mobility, and... Read more »
Judge denies HomeServices’ motion to decertify the class in Sitzer/Burnett suit

Judge denies HomeServices’ motion to decertify the class in Sitzer/Burnett suit

HomeServices of America, the remaining defendant in the Sitzer/Burnett commission lawsuit, suffered another blow on Tuesday. In a filing, Judge Stephen Bough, who oversaw the Sitzer/Burnett trial in Oct. 2023, denied the... Read more »
Class A Offices Trade for M in Temecula

Class A Offices Trade for $14M in Temecula

CBRE recently negotiated the sale of the Tower Office Plaza in Temecula for $13.8 million to Level Asset Capital. Matt Pourcho, Anthony DeLorenzo, Matt Harris and Bryan Johnson of CBRE’s Investment Properties represented the seller, Providence Real Estate Group.... Read more »
Former Live Well employees receive final approval of class action settlement

Former Live Well employees receive final approval of class action settlement

A cohort of former employees at now-defunct reverse mortgage lender Live Well Financial has been granted final settlement approval in a class action lawsuit brought against the company’s estate in May 2019.... Read more »
Judge denies HomeServices’ motion to decertify the class in Sitzer/Burnett suit

Fidelity facing class action suit after cybersecurity attack

Big Four title firm Fidelity National Financial and its subsidiary mortgage subservicer Loancare are facing a class action lawsuit alleging that they were negligent with customer data and that they breached their... Read more »
Class Valuation’s CIO on solving the appraisal conundrum

Class Valuation’s CIO on solving the appraisal conundrum

Editor in Chief Sarah Wheeler sat down with Scot Rose, CIO at Class Valuation, to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can... Read more »
Class Valuation acquires AMC Valuation Connect

Class Valuation acquires AMC Valuation Connect

Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect, formerly a subsidiary of mortgage technology company Mortgage Connect LP. Class Valuation acquired... Read more »