Canyon Partners Real Estate said October 15 that it provided a $48 million senior loan to refinance NorthPointe Apartments in Greenville, South Carolina. The lender described the financing as cash-neutral. Its transaction announcement identified ECI Group and Central...
First Horizon Corporation has agreed to sell approximately $4.5 billion of lower-yielding residential mortgages, accepting a $473 million accounting loss on the pending transaction as it shifts capital away from loans the bank says offer limited opportunities for...
Mortgage applications to buy newly built homes fell 8.3% from a year earlier in September, and the Mortgage Bankers Association estimated new-home sales dropped to their slowest annualized pace since April 2020 as higher borrowing costs chilled demand. The MBA’s...
Canada’s competition watchdog has secured a legally binding agreement requiring Quebec’s dominant real estate industry association to give member brokers automated access to property data, ending restrictions the regulator says hampered competition in the...
Better Home & Finance has appointed former X chief executive Linda Yaccarino as an independent director, bringing a prominent advertising and technology executive onto its board just two days after Nasdaq formally notified the mortgage lender that its board and...
China’s Property Investment Plunges 20.6% as Housing Crisis Deepens
