Danielle DiMartino Booth
@DiMartinoBooth
CEO & Chief Strategist, QI Research LLC, Fmr Federal Reserve insider, Economist #FedUp#
Joined July 2015
462 Following 338.4K Followers
Won’t be the last of these we see. It reminds us of the perils of Too Low for Too Long monetary policy.
The FBI has opened a probe into Texas-based multifamily syndicator Lurin Capital following a series of lawsuits alleging fraud.
Launched in 2016, Lurin had amassed a portfolio of 10,000 Class-C apartments across five Sun Belt states. The company planned to upgrade the properties, raise rents and flip them for a profit.
In 2025, ACORE Capital Mortgage moved to foreclose on 12 Florida Panhandle properties owned by Lurin that backed a nearly $400M loan. More than 2,000 units hit the auction block, TRD reported.
ACORE also won a summary judgment against Venetos after he personally guaranteed almost $20M in mezzanine loans, TRD reported this month.
#CommercialRealEstate#
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