A real estate investor is suing a Wells Fargo Advisors broker for $3.35 million, claiming he was encouraged to invest that money into a musical revival of the 1990 film “Ghost”, and now the money has vanished. Marko Gnann said that broker Donovan...
Credit Suisse suspended payouts for its $3.5 billion real estate fund as investors sought to pull out their money and cap losses in the dwindling property market. The valuation of real estate properties has declined in recent months after a series of jumbo interest...
Radian Group Inc., a real estate organization that specializes in mortgage insurance, announced that Sumita Pandit has been appointed Senior Executive Vice President and Chief Growth Officer. Reporting to Radian’s Chief Executive Officer Rick Thornberry, she will join...
According to a new report from RedFin, an online real estate brokerage, home-purchase applications dropped to the lowest level since 1995 last week as mortgage rates jumped on expectations that the Federal Reserve will need to raise interest rates again to combat...
ECI Group, a privately owned real estate organization that focuses on the multifamily space, welcomes to the company leadership Suzy Alford as Chief Administrative Officer. In this newly created role, Suzy will be responsible for the firm’s Human Resources, Risk...
Hits and Misses for the Real Estate Week of Aug. 3-7
