The Property Transfer Pipeline — H.O.T. Government
FIND THE PRIMARY SOURCE DOCUMENTS: JUMP TO THE FLIP-BOOK RECORD ↓
H.O.T. Government — Property Records Investigation

Racine families lost their homes to tax foreclosure.
Insiders got them for a fraction of the price.

Ten tax-foreclosed properties moved from Racine County, to the City of Racine, to a nonprofit, and then into the hands of a small circle of politically connected buyers — without a public auction, and without a dollar going back to the families who lost the homes. This page walks through the documented record, step by step.

When a Racine family falls behind on property taxes, the law says the home goes to public auction. That's not what happened here.

Instead, county-owned foreclosed properties moved through two more layers of government and a private nonprofit before landing with private buyers — and at every step, the process that would normally set a fair price and return leftover equity to the family was bypassed.

STEP 01

County Tax Foreclosure

Racine County forecloses on a home for unpaid property taxes. By law, the property is meant for public auction.

Chapter 75, Wis. Stat.
STEP 02

County → City

The County transfers title to the City of Racine using the § 75.69(2) municipal-transfer exemption — which bypasses the public auction and appraisal process.

No auction, no appraisal
STEP 03

City → Nonprofit (RRP)

The City passes the property to Racine Revitalization Partnership, a nonprofit, authorized by Council resolution.

Resolution 0553-24
STEP 04

RRP → Private Buyer

RRP transfers the property to a private, often politically connected, buyer — recorded prices ranging from a $10,000 gift to $45,000 in sales.

Below market value
10homes moved through this chain
0public auctions held
$0returned to the families who lost the homes

SOURCE: Wis. Stat. § 75.69(2); City of Racine Common Council Resolution 0553-24; Racine County Register of Deeds records; Wisconsin DOR Real Estate Transfer Returns.

On December 12, 2025, the County Executive met with the nonprofit's leadership in the Mayor's own office — and the Mayor's own calendar system confirms it.

Afterward, the nonprofit's own Executive Director put in writing what the meeting was actually about.

"Quite frankly, it was never about RRP not starting the homes, but rather gifting two homes (at a loss to RRP) to friends of Mason and Malicki."
— Kathy Snyder, Executive Director, Racine Revitalization Partnership, forwarded email, April 30, 2026

SOURCE: Mayor Cory Mason Outlook calendar invitation, Nov. 25, 2025; Kathy Snyder emails, Feb.–Apr. 2026.

Jeff Latus runs the foreclosure process. He also sat on the board that received and redistributed those same properties.

Latus is the Racine County Treasurer — the official whose office initiates the tax foreclosures that feed this pipeline. He also served on the RRP board that received the properties from the City and passed them on to private buyers. He resigned from that board only after the transfers were already made.

SOURCE: RRP IRS Form 990, filed Nov. 14, 2025; Jeff Latus email to the Racine County Board, Dec. 8, 2025.

When a family loses a home to foreclosure, the equity above what they owed in taxes still belongs to them. Wisconsin has a law to protect it — with a gap this pipeline may fit through.

SOURCE: Tyler v. Hennepin County, 598 U.S. 631 (2023); 2021 Wisconsin Act 216; 2023 Wisconsin Act 207; Wis. Stat. § 75.69(2); Wisconsin REALTORS® Association, "Foreclosure Equity Theft Loophole" policy analysis; Racine County Register of Deeds records.

She sits on the board that recommends federal funding for the nonprofit. While serving on it, she received one of the nonprofit's properties.

Sherrie Tussler sits on the City of Racine's CDBG Advisory Board — the body that recommends which organizations, including RRP, receive federal funding. While serving on that board, she personally received a property from RRP: a house at 1212 Highland Ave., recorded as a gift with an estimated value of $10,000.

SOURCE: 24 CFR § 570.611; Racine County Register of Deeds Document #2721123; Wisconsin DOR Real Estate Transfer Return.

This isn't a City problem or a County problem. It's one small network of officials, connected to the same transfers.

Six officials, two units of government, one circle of transfers — and now several of the same names are endorsing each other's campaigns.

Ralph Malicki

County Executive

Was in Mayor Cory Mason's office when the transfers were "strongly suggested," per RRP's own Executive Director. Now a headline endorser of Cary Madrigal for Sheriff.

Cory Mason

City Mayor

Hosted the meeting in his own office where the transfers were arranged. His City Attorney's office and City Clerk signed off on every deed sending these properties on to RRP.

Tom Kramer

County Board Chair

Received H.O.T. Government's certified-mail questions about the pattern. Has not responded.

Melissa Kaprelian

County Supervisor & then-City Alder

Held both seats at once. As a sitting City Alder, voted "aye" — alongside all 15 Alders present — on the August 20, 2024 Common Council item sending these ten properties from the County to the City to RRP, while simultaneously serving as a Racine County Supervisor.

Jeff Latus

County Treasurer

Runs the foreclosure process that fed these properties into the pipeline, while simultaneously sitting on the RRP board that redistributed them. Resigned from that board only after the transfers were made.

Sherrie Tussler

CDBG Advisory Board Member

Sits on the board that recommends RRP's federal funding. Personally received one of RRP's properties while serving on that board.

SOURCE: Mayor Cory Mason Outlook calendar invitation, Nov. 25, 2025; Kathy Snyder emails, Feb.–Apr. 2026; Racine County Register of Deeds records; Cary Madrigal campaign endorsement materials, June 2026; H.O.T. Government correspondence, June 8, 2026; RRP IRS Form 990, filed Nov. 14, 2025; City of Racine Common Council Meeting Minutes, August 20, 2024 (Item 0553-24).

H.O.T. Government asked all 21 Racine County Supervisors what the Board knew. Here's what came back.

Seven of the 21 Supervisors are themselves listed as endorsers of Cary Madrigal for Sheriff, alongside County Board Vice Chairman Scott Maier. Of those eight, only one responded — and answered none of the seven questions asked.

21Supervisors asked
20Said nothing at all
1Responded — answered 0 of 7 questions
0Answers from the Board Chairman, by certified mail

SOURCE: H.O.T. Government correspondence, June 8, 2026; June 28, 2026; Cary Madrigal for Racine County Sheriff, official campaign endorsement materials.

Every claim on this page is backed by a recorded deed, an official resolution, or a primary-source email — not a paraphrase.

H.O.T. Government doesn't ask anyone to take our word for it. Below is the complete evidence packet: recorded deeds, the County Board resolution that authorized the transfers, and the original email chains — including the Mayor's own calendar record of the December 2025 meeting.

Property Transfer Pipeline — Evidence Packet · Recorded deeds, Resolution 0553-24, and original email chains, hosted by H.O.T. Government
Open full evidence packet ↗

This doesn't end on any election day.

We're not telling you how to vote. We're giving you the documents so you can check the record yourself.

H.O.T. Government
Honest · Open · Transparent
hotgovernment.com
Contact: James Spodick
patternorpractice@gmail.com · 262-930-5467

Produced and distributed by H.O.T. Government — Honest Open Transparent. This material is informational. Not authorized by, or coordinated with, any candidate or candidate's committee. All persons named are presumed innocent unless and until proven otherwise in a court of law.