Carrington Companies, a holding company whose primary businesses include asset management, mortgages, real estate transactions and real estate logistics, has promoted Chief Investment Officer Andrew Taffet to CEO. Taffet succeeds company founder Bruce Rose, who will...
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 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...
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...
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 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...
Hits and Misses for the Real Estate Week of Aug. 10-14
