January 9, 2025 - 16:07

City Councilmember Lincoln Restler has urged the city to reevaluate its relationships with real estate brokerages following a recent lawsuit that alleges favoritism by the city’s leading real estate official. The controversy has raised concerns about transparency and fairness within the city's real estate dealings.
Restler's call for a fresh perspective comes at a time when trust in city officials is being scrutinized. He emphasized the importance of ensuring that all brokerages have equal opportunities to engage with the city, thereby promoting a more competitive and equitable real estate market.
The lawsuit has highlighted potential conflicts of interest and has sparked a broader conversation about the practices of city brokers. Restler believes that exploring partnerships with new and diverse brokerage firms could lead to more innovative solutions and better serve the community's needs. As the city navigates these challenges, the focus remains on fostering a fair and transparent real estate environment for all stakeholders involved.
June 4, 2026 - 10:24
Advanced Real Estate acquires San Gabriel Valley apartmentsAdvanced Real Estate has completed the acquisition of a 126-unit apartment community in Rowland Heights, located in the San Gabriel Valley. The deal was structured as a 721 exchange, a tax-deferred...
June 3, 2026 - 21:02
Homeowners are suddenly pulling their houses off the market—and this is whyThe spring selling season, traditionally the busiest time for real estate, is turning into a disaster for many homeowners. Across the country, a growing number of sellers are yanking their houses...
June 3, 2026 - 11:23
MV Realty preyed on Maryland homeowners, attorney general saysMaryland`s attorney general has filed a lawsuit against MV Realty, alleging the real estate company tricked homeowners into signing predatory loan agreements with hidden and confusing terms. The...
June 2, 2026 - 17:37
A 667-acre tract off U.S. Highway 67 could set up D-FW developmentA sprawling 667-acre property along U.S. Highway 67 is now listed for $20 million, a sale that could steer development patterns south of the Dallas-Fort Worth metroplex. Known as Robinson Branch...