Santa Barbara Property Manager Accused of Embezzling $700,000

Adam Pirozzi | Credit: Courtesy

District Attorney Joyce Dudley announced Thursday that felony embezzlement charges have been filed against Adam Michael Pirozzi, 40, of Santa Barbara. Pirozzi has also been charged with financial elder abuse and an aggravated white-collar crime enhancement, Dudley said.

Pirozzi’s arrest stems from an investigation into his local property management company called AMP Core, Inc., which went by several fictitious business names including Santa Barbara Property Management and Harbor View Real Estate. Authorities allege Pirozzi embezzled more than $700,000 from approximately 100 of his AMP clients.

Few other details of the case have been provided, and the investigation is ongoing. Anyone with information is asked to contact District Attorney Investigator Kristin Shamordola at (805) 560-1044.

Pirozzi is scheduled to be arraigned on August 26 in Santa Barbara Superior Court.


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Palm Beach Real Estate Is So Hot, at Least 22 Homes Sold for $40M-Plus Since Covid

As the ink dried on a $122.7 million deal for the sale of a contemporary oceanfront Palm Beach mansion this past February, real-estate agent Ryan Serhant toasted his success with a glass of Champagne and a lobster at a table for one at the area’s iconic hotel, The Breakers.

He had flown in from New York to finalize the deal, which was the largest of the year so far in Palm Beach. It also marked the pinnacle of a dramatic market surge that has overwhelmed local real-estate agents since the beginning of the Covid-19 crisis.

In many ways, the deal spoke perfectly to that unique moment. The seller, Mark Pulte, is a local developer who had built the sprawling estate on a 2.25-acre property once owned by President Donald Trump and located near the Palm Beach Country Club. He paid $37 million for the land in 2017. The buyer: Yet

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Real Estate News

We live in an age that expertise makes things simply accessible, nonetheless sometimes straightforward is NOT higher. At all times take the additional time to name to confirm wire information.

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U.S. house prices seem to have turned a nook this spring after a 12 months’s worth of declines, however whether the housing market has really bottomed out remains to be seen. As doctors face scrutiny from the DEA, states have imposed even better laws severely limiting access to the drugs, according to a 2014 report commissioned by the federal agency SAMHSA. Eleven state Medicaid packages put lifetime therapy limits on how lengthy addicts will be prescribed Suboxone, ranging between one and three years. A number of state Medicaid applications have placed limits on how a lot an addict can take per dose. Such restrictions are primarily based on the mistaken premise that addiction will … Read the rest

What’s Next for the Future of Hotel Property Management Systems – Skift

As the hospitality industry finally rebounds from the effects of the global pandemic, operators are seeking new technological solutions to upgrade to the shifting landscape. By embracing the right technology for their business — especially property management system infrastructure — hotels stand to benefit strongly in the new era.

SkiftX spoke with Kevin King, chief operations officer at Shiji Group, about the transitions currently taking place in the industry, what operators should be thinking about when it comes to property management technology, and how the industry is setting itself up for future innovation and growth.

SkiftX: Shiji has expanded globally over the last few years by growing its portfolio and opening new offices. What’s the strategy behind this?

Kevin King: Our chairman set some milestones on where we should be heading in the coming years. One of those points was to become a truly global company, servicing the hotel industry

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Millennials Are Screwed

We’ve got entry to a full range of mortgage sources and are dedicated to discovering the best mortgage- with the most effective charges, phrases and costs- to meet our purchasers’ distinctive wants.

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Landlords and property managers can study in regards to the many advantages there are to collecting monthly lease on-line or electronically. When contemplating these gives, the seller may merely signal and return Purchaser B’s provide with a contract worth of $407k. However, Seller might additionally return the provide as a counteroffer with a sale value of $420k. Admittedly, this offers D’ Real Estate Buyer B the option of accepting or rejecting the value, versus binding Buyer B to a worth of $407k. Nonetheless, the vendor could also be willing to take this risk given an extra achieve of $13k – after all, Purchaser B has already indicated a willingness to pay that quantity. … Read the rest

Striving for Property Management Perfection

Diana Pittro, Executive Vice President, RMK Management Corp. Image courtesy of RMK Management Corp.

After assisting passengers for years as a flight attendant, Diana Pittro took a job as a leasing agent, thinking it would be temporary. Little did she know she would build a career in real estate and continue to help people in so many different ways. As RMK Management Corp. Executive Vice President, Pittro oversees all management, marketing and operations as well as capital programs for more than 6,500 units across the Midwest.


LISTEN TO: How Bell Partners’ Lili Dunn Made Her Mark


She enjoys mentoring and watching people grow, and she’s always ready to go overboard taking care of her employees and residents. She is convinced that women have the ability to bring balance to a business, which is why she is encouraging all female professionals in the industry to speak up because they can make

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Miami condo market more complicated after tragic Surfside collapse

MIAMI – The tragic collapse of a residential tower spooked South Florida homebuyers and real estate investors alike into reassessing the risk of buying in the Miami-area condo market.

The market had been booming before Covid. Then it soared even higher as the work-from-anywhere culture took hold. But then in late June, scores of people were crushed to death in the Champlain Towers South collapse in Surfside.

Now, the market is focused on engineering inspection reports from older towers, which are required by the state to get recertified every 40 years. Insurers are also under scrutiny, as they hold the keys to new purchases in the market.

“No one in their right mind is going to buy a condo built before 2000 unless they have a safety certificate for the structure of the building, and it doesn’t exist today,” said Peter Zalewski, a South Florida condominium expert, consultant and analyst.

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The Actual Estate News

However, financial housing complexes need to get developed to increase the number of housing options. And the buyer must be aware that investing in real estate has grow to be a protected guess.

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Angel the Real Estate estate traders, householders, and neighborhood associations in King and Snohomish Counties. We would love that can assist you with your needs. Request a administration proposal today. I perceive that at the end of the day sellers and buyers have the final say, however we have now to ensure we do our part so when the bubble burst, we aren’t those to be blame like we have been back in 08.

The COVID-19 pandemic in 2020 caused a serious surge in unemployment rates The average unemployment rate nationally rose to virtually 15{edb1c89016c662f409262366f6c438f00e3849c02c8b92375e8efacf85bd6ca8}, up from three.5{edb1c89016c662f409262366f6c438f00e3849c02c8b92375e8efacf85bd6ca8} earlier than the pandemic. Now, the speed has dropped to six.1{edb1c89016c662f409262366f6c438f00e3849c02c8b92375e8efacf85bd6ca8} and remains to be on … Read the rest

Reputation Property Management Report Shows that Top

REDWOOD CITY, Calif., July 21, 2021 (GLOBE NEWSWIRE) — Reputation, the global leader in reputation experience management (RXM), today released findings from its 2021 Property Management Reputation Report, which analyzed more than 80,000 multifamily residential properties across the U.S. The research shows that the property managers who have adapted to changing consumer behaviors have protected or improved their reputations as they emerge from the pandemic. Additionally, renters are leaving more reviews than ever, with positive sentiment centered around digital tools used by property managers and the speed at which building staff respond to various requests.

Analyzing data from Google, Facebook and Twitter, along with proprietary machine learning algorithms and natural language processing technologies, the report found that:

  • Reviews are essential. 84% of people read reviews before touring an apartment. But a shocking 32% of property management locations did not receive a single review on Google in the last 12
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Real-estate transactions in Knox County: July 9-15, 2021

The following transactions were recorded in Knox County the week of July 9-15. 

40 Oak Point Court, Dahinda: Margaret D. Fessler to Jeffrey Allen & Heidi L. Rieger for $900,000.

1402 Monmouth Blvd., Galesburg: Thomas Miranda to Constance F. J. Frazier for $21,000.

203 E. Coal St., Wataga: Kelly J. Hill to Tara K. Hendrickson for $53,000.

2411 Lakeview Road South, Dahinda: Brett C. Horton to Hannah Sunderland for $70,000.

1263 Lincoln St., Galesburg: Community Loan Servicing LLC to Dale L. Swigart for $52,000.

348 Rustic Oak Court, Dahinda, PIN 11-02-176-012, 11-02-176-013: Jerod A. Brown to LTW Group Declaration of Trust for $600,000.

119 Lincoln St., Galesburg: Linda M. Asbury to Freddie Collins Jr. for $11,000.

1019 Macomb Road, Galesburg (1.31 acres): Mary P. Staite Revocable Trust to Shelby A. Kline for $135,000.

85 W. Mary St., Galesburg: JCR Rentals LLC

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