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Canadian Government Provides $112 Million for 217-Unit Toronto Multifamily Property

Canadian Government Provides $112 Million for 217-Unit Toronto Multifamily Property

by Phil Hall | Jun 9, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canada’s federal government is providing over $112 million in funding for the construction of a new 217-unit multifamily property in Toronto. Located at 389 Cleveland Street, the project is a 15-story residential building with a ground-floor commercial retail unit....
John McNeill Joins MAXEX as CFO

John McNeill Joins MAXEX as CFO

by Phil Hall | Jun 9, 2026 | Mortgage Information, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

MAXEX, a digital exchange for trading residential mortgage loans through a single centralized clearinghouse, has hired John McNeill as chief financial officer (CFO), based in the company’s Atlanta headquarters. In his new job, McNeill will lead the company’s financial...
M&A News Reconfigures Mortgage Banking Industry

M&A News Reconfigures Mortgage Banking Industry

by Phil Hall | Jun 9, 2026 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The mortgage banking industry has been reconfigured with merger and acquisition news involving two pairs of prominent originators. American Pacific Mortgage (APM) and Synergy One Lending announced a merger that the companies said would expand their national presence...
Home Equity Withdrawals Reached Highest Q1 Level in 5 Years

Home Equity Withdrawals Reached Highest Q1 Level in 5 Years

by Phil Hall | Jun 8, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners tapped equity during the first three months of the year at the highest first-quarter levels since 2021, according to data from Intercontinental Exchange, Inc. (NYSE: ICE). The increase was primarily attributed to second-lien lending (54% of equity...
SolaREIT Donates 5-Acre Parcel for New San Diego-Area Fire Station

SolaREIT Donates 5-Acre Parcel for New San Diego-Area Fire Station

by Phil Hall | Jun 8, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Vienna, Virginia-headquartered SolaREIT, a renewable energy real estate company focused on delivering financing solutions for solar and battery energy storage developers, has donated a 5-acre land parcel to the County of San Diego for the construction of Jacumba Fire...
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