One-time Modesto City Council candidate Robert Farrace, an attorney and real estate broker, was sentenced Monday to two years in federal prison for defrauding real estate lenders. Farrace, 53, was president of the Stanislaus County Bar Association when a jury in November convicted him of three fraud counts after a five-day trial.
Previously with Coldwell Banker Town and Country Realty, Doris Hintermayr has joined RE/MAX Gold in the Lakeport office as a Primary Agent. Doris has been involved in real estate related endeavors for more than 25 years and has been in the community for more than 15 years. Foreclosure News
Investor Abraham Schwartz purchased the 88,631-square-foot building at 520 Broadhollow Road for $ 22 million and the 77,872-square-foot building at 1660 Walt Whitman Road located right behind 520 Broadhollow for $ 15 million from Montvale, N.J.-based Ivy Realty Services as part of a 1031 exchange in a deal that closed on August 15, according to…
One Park Place, one of downtown Syracuse's biggest office buildings, is making a comeback a little more than a year after it was purchased in a foreclosure auction by a New York City investor. Asher Zamir, who paid $ 9.9 million for the 10-story, 300,000-square-foot building, is investing $ 6 million in upgrades to the…
The bank that owns a troublesome vacant six-unit apartment building on Ten Eyck Street will not pursue a use variance to convert it back to an apartment building. In a letter last week, Joshua S. Werbeck, the lawyer for Banco Popular of North America, New York City, notified city officials that the bank was withdrawing…
Federal Reserve Chair Janet Yellen on Friday defended the web of regulations the Fed helped enact after the 2008 financial crisis, saying it helped restore the banking system's health and disputing criticism that the rules have hurt lending. Yellen said the Fed is prepared to adjust the regulations as needed to help financial institutions. Foreclosure…
The historical former home of Hiram Ellwood at 329 N. Third St. in DeKalb is shown Monday, April 9, 2018 Mark Busch – [email protected] DeKALB – After being in foreclosure for roughly 18 months, the Victorian-style home of Hiram Ellwood , brother of barbed wire baron Isaac Ellwood, will be up for auction Thursday and…
