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Jason Geer Joins CAF Capital Partners as SVP of Acquisitions

Jason Geer Joins CAF Capital Partners as SVP of Acquisitions

by Phil Hall | Aug 23, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

CAF Capital Partners, a Dallas-based private equity real estate firm, has hired Jason Geer as senior vice president of acquisitions. In his new job, Geer will center on driving the company’s expansion efforts in the Southeastern region. His focus will be directed...
Real Estate Attorney Sean Thorsen Joins Seward & Kissel

Real Estate Attorney Sean Thorsen Joins Seward & Kissel

by Phil Hall | Aug 23, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The law firm Seward & Kissel LLP announced Sean Thorsen has joined its New York City office as a counsel in the real estate group. Throughout his 15-year career, Thorsen has advised financial institutions, private lenders, and borrowers on commercial real estate...
Nomura Fined $35 Million Over RMBS Fraud Scheme

Nomura Fined $35 Million Over RMBS Fraud Scheme

by Phil Hall | Aug 22, 2023 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Nomura Securities International (NSI), the U.S.-based broker-dealer subsidiary of Japan’s Nomura Holdings (NYSE:NMR), has reached a $35 million settlement with the U.S. Department of Justice relating to its fraudulent trading of residential mortgage-backed securities...
Alabama Home Sales and Prices Declined in July

Alabama Home Sales and Prices Declined in July

by Phil Hall | Aug 22, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

July was a slow month for home sale transactions in Alabama, according to new data published by the Alabama Association of Realtors (AAR). The state recorded 6,084 home sales last month, a 33.3% decline from the 3,043 sales in July 2022. The median sales price of...
Existing Home Sales Down 16.6% From Last Year

Existing Home Sales Down 16.6% From Last Year

by Phil Hall | Aug 22, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales were in retreat last month, according to new data from the National Association of Realtors (NAR). During July, completed transactions were down 2.2% from June to a seasonally adjusted annual rate of 4.07 million. On a year-over-year measurement,...
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