April 17, 2025 - 21:38
Realogy Holdings Corp., the parent company of Coldwell Banker, has reached a significant settlement of $20 million in a class action lawsuit. The legal claims centered around allegations that the company violated the federal Telephone Consumer Protection Act (TCPA) by making unsolicited phone calls to consumers.
The TCPA was enacted to protect individuals from receiving unwanted telemarketing calls, and the lawsuit asserted that Realogy's practices infringed upon this law. As part of the settlement, the company will provide compensation to affected consumers, who may have received these unsolicited communications.
This settlement highlights the ongoing scrutiny that real estate companies and other businesses face regarding their telemarketing practices. As consumer privacy concerns continue to grow, companies are being urged to adopt more compliant marketing strategies. The resolution of this lawsuit marks a significant step for Realogy in addressing these allegations and moving forward in a more consumer-friendly manner.
August 2, 2025 - 03:02
Major Loss for Anaheim's Axis Office Campus as It Changes HandsThe five-building portfolio located across from Angel Stadium on Rampart Street has recently been sold, marking a significant financial setback for the previous owners. Originally acquired in 2018...
August 1, 2025 - 00:33
KMS Realty Joins Forces with United Real Estate SpecialistsThe addition of KMS Realty significantly enhances United Real Estate Specialists` presence in the region and broadens the range of services available to clients. This strategic merger is expected...
July 31, 2025 - 01:09
Successful Ground Lease Sale of Wawa in Jackson Township, NJA newly constructed Wawa in Jackson Township, New Jersey, has successfully completed a ground lease sale valued at $7.5 million. This transaction features a 20-year corporate-guaranteed lease,...
July 30, 2025 - 06:36
Tragic Shooting in NYC Claims Lives, Including Blackstone ExecutiveOn Monday, a devastating shooting in East Midtown Manhattan left four individuals dead, including a prominent leader in the real estate sector. Wesley LePatner, who served as the global head of...