The Federal Deposit Insurance Corp. (FDIC) has begun the marketing process for the approximately $33 billion commercial real estate (CRE) loan portfolio retained in receivership following the failure of Signature Bank. “The majority of the CRE loan portfolio being...
The Holmdel, New Jersey-based commercial real estate firm Bennett Realty & Development (BR&D) has hired Steve Garthwaite as vice president. In his new role, Garthwaite will specialize in the sale and leasing of retail properties and ground up development....
Rocket Companies (NYSE:RKT) founder and chairman Dan Gilbert and his wife Jennifer announced their Gilbert Family Foundation is collaborating with Henry Ford Health, Michigan State University Health Sciences and Shirley Ryan AbilityLab on the creation of the Nick...
Pretium, an investment firm focused on U.S. residential real estate, residential credit, and corporate credit, has hired Jonathan Pruzan as president and a member of the executive committee, effective immediately. In this newly created role, Pruzan will oversee many...
Phoenix Investors, a Milwaukee-based real estate firm focused on the renovation and leasing of former single-tenant manufacturing facilities, has acquired an industrial real estate portfolio from United Furniture Industries that encompasses 13 facilities and two...
Commercial real estate developer Jeff Worthe has been named by President Biden to the U.S. delegation to the United Nations General Assembly, which begins today. Worthe is the president of Worthe Real Estate Group, a Santa Monica, California-based developer of Los...
DeSantis, in Reversal, Declines to Campaign for Measure Ending Florida̵…
