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NewStar Asset Management Launches Land Development Subsidiary

NewStar Asset Management Launches Land Development Subsidiary

by Phil Hall | Dec 15, 2023 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

NewStar Asset Management, a real estate-focused alternative investment and asset management company based in Atlanta, has launched NewStar Equity Lot Finance, a subsidiary business focused on investments in residential land development in partnership with select...
New Chief Accounting Officer at MFA Financial

New Chief Accounting Officer at MFA Financial

by Phil Hall | Dec 15, 2023 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

MFA Financial Inc. (NYSE: MFA), a specialty finance company that invests in residential mortgage loans, residential mortgage-backed securities and other real estate assets, has appointed Bryan Doran to the position of chief accounting officer. In his new role, Doran...
RealPage in Partnership with Habitat for Humanity International

RealPage in Partnership with Habitat for Humanity International

by Phil Hall | Dec 15, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

RealPage, a Richardson, Texas-based provider of AI-enabled software platforms to the real estate industry, has announced a strategic partnership with Habitat for Humanity International. Through its philanthropic program RealPage Cares, the company is committing to at...
Los Angeles Affordable Housing Community to Be Built on Former Industrial Site

Los Angeles Affordable Housing Community to Be Built on Former Industrial Site

by Phil Hall | Dec 14, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Thrive Living has partnered with JPMorgan Chase (NYSE:JPM) on a new 376-unit affordable and workforce housing community on the site of a former industrial storage facility north of Downtown Los Angeles. A new six-story mixed-use apartment complex is now under...
Q3 Commercial/Multifamily Mortgage Debt Up by $37.1 Billion

Q3 Commercial/Multifamily Mortgage Debt Up by $37.1 Billion

by Phil Hall | Dec 14, 2023 | Commercial Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The total volume of commercial/multifamily mortgage debt outstanding rose to $4.63 trillion at the end of the third quarter, according to new data from the Mortgage Bankers Association (MBA). This marked an 0.8% increase, or $37.1 billion, from the second quarter....
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