BEWARE OF A NEW ONTARIO REAL ESTATE CLOSING SCAM: AI PHISHING
In Ontario, AI phishing scams are now targeting property closings.
Fraudsters impersonate the client, lawyer or mortgage broker and change bank details at the last minute.
These emails look real. They often copy branding, signatures, and even previous conversations.
Our tip: Always verify bank details by calling the recipient directly and look up their phone number independently, do not use a phone number from an email.
At Legal Direct, we've completed over 10,000 real estate transactions across the GTA and Ottawa.
Clients can close using our mobile client app available for download on the Apple App Store and Google Play.
Contact us an experienced real estate law firm for your next transaction:
https://mortgagelawyers.legaldirect.ca/v3/
www.legaldirect.ca
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Major portfolio of 394 apartments in Cornwall has just changed hands
A major portfolio of 394 apartments in Cornwall has just changed hands. Devcore Group sold the units to Black Ridge for $63M. This shift comes as Cornwall continues to grow, and it’ll be interesting to see how this new investment impacts the local rental market. https://www.costar.com/article/1231189809/black-ridge-buys-cornwall-ontario-apartment-portfolio-from-devcore