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Federal agents raid house owned by Frank Sinito, CEO of Millennia [Video]

In Memphis, Millennia Companies owns Serenity at Highlands, Gospel Gardens, Cavalier Court, and Hope Heights, part of the 200 properties it manages across the U.S.

CLEVELAND — Federal agents executed a search warrant Wednesday at the Waite Hill home of Frank Sinito, the CEO and founder of The Millennia Companies based in Cleveland.

According to the law firm Benesch Friedlander Coplan & Aronoff LLC, which represents Sinito, the raid was conducted by members of the U.S. Department of Housing and Urban Development and the U.S. Department of Agriculture. 

“It is important to remember that an investigation is just that,” stated a Benesch spokesperson in an email to 3News’ Lynna Lai. “There have been no arrests and no charges filed.”

The Millenia Companies owns hundreds of buildings and apartment complexes in several states, most notably the Key Center in downtown Cleveland. 

“Millenia Housing Management and Mr. Sinito are cooperating with the investigation …

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