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Dave Williams  |  Capitol Beat News ServiceReal estate investor headed to prison in Atlanta fraud schemeBy Dave WilliamsBureau ChiefCapitol Beat News ServiceATLANTA - The head of a commercial real estate investment firm has been sentenced to 87 months in prison and ordered to pay $45 million in restitution in a fraud scheme involving the Atlanta Financial Center in Buckhead.Elchonon (Elie) Schwartz, 46, of New York City pleaded guilty in February to one count of wire fraud. Schwartz convinced more than 800 investors to send him $62.8 million, including $54 million...

00:00 Speaker A Financial services company Empower, which oversees $1.8 trillion in 401k type plans for 19 million people, is offering something new for your retirement accounts: private markets investments. The firm announcing assets like private credit and real estate will be available in some of the accounts it administers later this year. So what does this mean for the larger 401k landscape, and do you want alternative assets in your retirement account? Here to react is Bob Powell, editor and publisher of Retirement Daily, and host of Yahoo Finance's...

With property values almost doubling and EMIs covered by rent for buyers who invested in real estate from 2020 to 2023, many aspiring homeowners on Reddit believe these buyers just got lucky while they missed the bus. With property values almost doubling and EMIs covered by rent for buyers who invested in real estate from 2020 to 2023, many aspiring homeowners on Reddit believe these buyers just got lucky while they missed the bus. (Representational Image)(AI-generated image created by Gemini ) Netizens who are yet to buy into real estate...

article A "Sold" sign sits in front of a newly purchased home as property taxes continue to climb across major US metros. (Photo by Steve Pfost/Newsday RM via Getty Images) Where did property taxes rise the most? By the numbers: Tampa, FL: +23.3%Indianapolis, IN: +19.8%Dallas, TX: +19.0%Jacksonville, FL: +18.7%Atlanta, GA and Miami, FL: +18.6%Seattle, WA: +18.4%San Antonio, TX: +18.2%San Diego, CA: +18.0%Charlotte, NC: +17.6% How much are people actually paying? Nationally, the median property tax bill in 2023 was $2,969, or about $247 per month. However, there’s a sharp divide between homeowners with and...

article A "Sold" sign sits in front of a newly purchased home as property taxes continue to climb across major US metros. (Photo by Steve Pfost/Newsday RM via Getty Images) Where did property taxes rise the most? By the numbers: Tampa, FL: +23.3%Indianapolis, IN: +19.8%Dallas, TX: +19.0%Jacksonville, FL: +18.7%Atlanta, GA and Miami, FL: +18.6%Seattle, WA: +18.4%San Antonio, TX: +18.2%San Diego, CA: +18.0%Charlotte, NC: +17.6% How much are people actually paying? Nationally, the median property tax bill in 2023 was $2,969, or about $247 per month. However, there’s a sharp divide between homeowners with and...

Mortgage preapproval first-time homebuyersIf you’re a first-time homebuyer, here’s how to get a mortgage preapproved.Starting earlier this month, any property listing that was publicly marketed to consumers but not listed on the local MLS within one business day no longer appears on Zillow.This step is in line with the National Association of Realtors' Clear Cooperation Policy, which aims to prevent exclusive real estate listings and increase fairness among buyers.Corrections & Clarifications: The headline on an earlier version of this story gave the wrong timing. The listing changes will happen later...

Tokens are a new way to invest in real estate and can be used to gain immigrant access to the USA.getty Token-based real estate and E-2 visas could pave the way for a new generation of global entrepreneurs and investors to immigrate to America. What Is Tokenized Real Estate? Tokenization of a real estate project is not a replacement for the LLC model but an enhancement. It modernizes access, liquidity, and management of real estate interests, which are particularly attractive to international investors and larger-scale projects looking to raise capital...

Amazon plans to buy 26.7 acres of the long-struggling Sunrise Mall property in Massapequa, where the e-commerce giant wants to open an operations facility. “Amazon is exploring options at the ...  Sunrise Mall site in the Town of Oyster Bay with the intent of opening an operations facility in the future. This process is in the early planning stages and additional steps remain," the Seattle-based company said in a statement Thursday afternoon.An operations facility, which is a location where Amazon conducts logistics and fulfillment activities, could include a fulfillment center, sorting center or a last-mile site,...