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Sitzer/Burnett Attorneys Take Aim at Warren Buffett’s Billions

Sitzer/Burnett Attorneys Take Aim at Warren Buffett’s Billions

by Phil Hall | Mar 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The attorneys who scored a $1.8 billion court victory in the Sitzer/Burnett case against the National Association of Realtors (NAR) and several major brokerage firms appear to be taking a cue from the legendary Willie Sutton and are going where the money is – in this...
Luxe Realty, a New Brokerage, Opens in Phoenix

Luxe Realty, a New Brokerage, Opens in Phoenix

by Phil Hall | Mar 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Luxe Realty, a new full-service boutique brokerage firm, has launched in Phoenix. The company’s co-founders and co-owners are Matthew Fenicle and Brian Guzman, who were both previously with Realty One Group. Luxe Realty’s team also includes Jack Luciano and Raul...
David L. Messenger to Step Down as CFO at Century Communities

David L. Messenger to Step Down as CFO at Century Communities

by Phil Hall | Mar 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Century Communities Inc. (NYSE: CCS), a Greenwood, Colorado-headquartered homebuilder, announced that David L. Messenger is stepping down as chief financial officer on March 22 to pursue other opportunities. Messenger became CFO in June 2013, and previously held the...
Berkshire Bank to Sell 10 Branches in Upstate New York

Berkshire Bank to Sell 10 Branches in Upstate New York

by Phil Hall | Mar 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Boston-headquartered Berkshire Hills Bancorp Inc. (NYSE: BHLB) announced that its wholly owned subsidiary Berkshire Bank is selling 10 of its branches in upstate New York. The sales include approximately $485.5 million in deposits, $60.5 million of related residential...
Toorak Capital Partners Completes First Rated Residential Transition Loan Securitization

Toorak Capital Partners Completes First Rated Residential Transition Loan Securitization

by Phil Hall | Mar 4, 2024 | Industry Updates, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Toorak Capital Partners Inc., a capital provider to the residential real estate lending industry, announced the closing of the first rated residential transition loan (RTL) securitization, Toorak 2024-RRTL1. RTLs are used by real estate investors use to renovate older...
Jay Olander Joins Capital Square as President and CFO

Jay Olander Joins Capital Square as President and CFO

by Phil Hall | Mar 4, 2024 | Industry Updates, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Capital Square, a Richmond, Virginia-headquartered sponsors of tax-advantaged real estate investments and a developer and manager of housing communities, announced that Jay Olander has joined the company as president and chief financial officer. Olander also serves as...
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