Pacific Grove Real Estate

The Latest Pacific Grove Area Real Estate News

Firm accused of duping investors in house-flipping venture
Posted on Thursday January 18, 2018

SANTA ANA, Calif. (AP) - A California real estate firm and its executives are accused of siphoning off proceeds from a venture financed mostly from investors' retirement savings.

The Orange County Register reports the U.S. Securities and Exchange Commission filed the complaint against Hoplon Financial Group and its two top executives - founder and CEO Daniel Benjamin Vazquez Sr.

Arizona county eyes using ex-inmates amid labor shortage
Posted on Monday January 08, 2018

SIERRA VISTA, Ariz. (AP) - An Arizona county on the U.S.-Mexico border is hoping former inmates can help with a labor shortage amid a federal immigration crackdown.

The Arizona Republican reports Cochise County developer Rick Coffman says developers have complained that the labor shortage is slowing down production and hurting home sales.

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