Super Bowl champ Mychal Kendricks charged with insider trading over Move acquisition tip

An NFL linebacker allegedly made $279,000 off of News Corp’s acquisition of Move Inc., the company that operates realtor.com for the National Association of Realtors.

Cadre scores $250M deal with Goldman Sachs’ private wealth clients

Cadre, an online investment marketplace, today announced that it has closed $250 million in commitments from Goldman Sachs’ private wealth clients, a move that will enable Sachs’ private clients to easily invest in Cadre’s broad-based portfolio of commercial real estate assets …

Rex Real Estate raises $15M, boasts 2% listing fee

Brokerage eschews MLS listings to save on costs and charges homesellers a 2-percent flat fee as opposed to the industry average of 5 to 6 percent …

BRP Companies begins construction on East NY affordable housing

As part of a nearly $200 million affordable housing enterprise, BRP Companies recently celebrated the rehabilitation of 468 low-income apartments and broke ground on 242 new units, named Livonia Commons (L2), in East New York …

Banks don’t cheat people; people cheat people

Goldman Sachs’ $5 billion and Wells Fargo’s $1.2 billion settlements of mortgage wrongdoing would be grounds for giggling if it were not all so painful. Goldman has — at last — this week settled with the Department of Justice for securitizing bad loans from 2005-2007, and Wells for lousy underwriting of FHA loans from 2001- …

How a 4-woman team is enjoying its old-to-new transition

Put Peggy Murdock Ferris, Molly Peter and Meredith Margolis in a tastefully decorated broadcasting studio together, let them loose on an industry topic of their choosing, and the result is like the real estate version of “The View.” Known as the FPL&M team, the agents are vocal, opinionated and excited to have a seat at the Washington, D.C. table of Compass — the fast-growing tech-led real estate company they moved to from Long & Foster late last year …

Court strikes Zillow whistleblower letter, deals blow to Move

A Washington state court has dealt a blow to realtor.com operator Move Inc. in a trade secrets lawsuit against portal giant Zillow. The state’s superior court granted a motion filed by Zillow last month to disregard a letter from a …

Millennials willing to spend when it comes to fitness … and homebuying

We’re impressed by Goldman Sachs’ new animated infographic dedicated to the attitudes and interests of millennials. In just a few minutes, you can learn quite a bit about the largest generation in U.S. history, including the fact that 93 percent want t…

Former Goldman Sachs employee found liable for securities fraud

In what some are describing as a historic win for regulators, a federal jury today found Fabrice Tourre, a former Goldman Sachs vice president, liable for deceiving investors in a mortgage-linked deal that imploded during the financial crisis. The U.S….