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New Report Examines the State of Multifamily Construction

New Report Examines the State of Multifamily Construction

by Phil Hall | Sep 8, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), has released the new report “Pullback in Multifamily Construction Starts.” According to the company, the new report offers the latest apartment construction research and analysis,...
FDIC Begins Marketing of Signature Bank’s CRE Portfolio

FDIC Begins Marketing of Signature Bank’s CRE Portfolio

by Phil Hall | Sep 7, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

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...
MBA Hires George Rogers to Lobby Senate GOP

MBA Hires George Rogers to Lobby Senate GOP

by Phil Hall | Sep 6, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) hired attorney and lobbyist George Rogers as vice president of legislative affairs. In his new role, Rogers will advocate on behalf of MBA’s legislative and policy priorities on Capitol Hill, with a primary focus on...
Jason Kopcak Resigns as AAMC’s CEO

Jason Kopcak Resigns as AAMC’s CEO

by Phil Hall | Aug 30, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Altisource Asset Management Corp. (NYSE American: AAMC) announced the resignation of CEO Jason Kopcak. While the company did not offer a specific reason for Kopcak’s departure, his exit comes as AAMC continues to focus on reducing costs and streamlining operations...
Pennsylvania Housing Finance Agency Issues RFP for Mixed-Use Projects

Pennsylvania Housing Finance Agency Issues RFP for Mixed-Use Projects

by Phil Hall | Aug 29, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Pennsylvania Housing Finance Agency has issued a Request for Proposals (RFP) for new construction or the rehabilitation of mixed-use projects seeking financial support. Funding will be provided through the Community Revitalization Fund Program, and the agency is...
American Bank of Oklahoma Settles Redlining Charges

American Bank of Oklahoma Settles Redlining Charges

by Phil Hall | Aug 29, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

American Bank of Oklahoma has reached a settlement with the U.S. Department of Justice to settle charges of lending discrimination by redlining in Tulsa. The bank was accused of failing to provide mortgage lending services to majority-Black and Hispanic neighborhoods...
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