November 24, 2025 - 21:33

Anthony Roy Martinez, a 70-year-old resident of Gardena, has been sentenced to eight years in prison for orchestrating a fraudulent scheme that swindled approximately $1 million from unsuspecting real estate investors. The court heard that Martinez met many of his victims during seminars and as a guest speaker, where he presented himself as a knowledgeable and trustworthy figure in the real estate market.
Martinez lured investors with promises of high returns on their investments, often convincing them to invest large sums of money into projects that never materialized. His charm and persuasive tactics led many to believe they were making sound financial decisions, only to find themselves victims of his deceitful practices.
The sentencing reflects the serious nature of his crimes and serves as a warning to others in the real estate sector. Victims expressed relief at the outcome, hoping it will deter similar fraudulent activities in the future.
September 26, 2026 - 02:46
Data Centers and AI Take Center Stage at Memphis Commercial Real Estate SummitCommercial real estate professionals gathered in Memphis to examine how artificial intelligence and data center development are reshaping the local property market. The Memphis Area Association of...
September 25, 2026 - 17:22
McDonough School of Business Names Kelly Nagel to Lead Real Assets DivisionThe McDonough School of Business has appointed Kelly Nagel as its new head of real assets and real estate. In this role, Nagel will oversee the full range of real estate offerings at the school...
September 25, 2026 - 02:24
Foreclosure Looms for Major Dallas Office Tower Over Unpaid LoanLenders have moved to foreclose on a prominent office high-rise in downtown Dallas after the property`s owners failed to repay a $79 million loan. The building at 2100 Ross Ave., a 33-story tower,...
September 24, 2026 - 18:10
Albany Center Square Apartment Building Changes Hands for $1.55 MillionA 13-unit apartment building in Albany`s Center Square neighborhood has been sold for $1.55 million. The buyer, DRM Property Development LLC, purchased the property from the DeThomasis brothers,...