Danielle DiMartino Booth
@DiMartinoBooth
CEO & Chief Strategist, QI Research LLC, Fmr Federal Reserve insider, Economist #FedUp#
加入 July 2015
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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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