Canada’s federal government is providing over $112 million in funding for the construction of a new 217-unit multifamily property in Toronto. Located at 389 Cleveland Street, the project is a 15-story residential building with a ground-floor commercial retail unit....
MAXEX, a digital exchange for trading residential mortgage loans through a single centralized clearinghouse, has hired John McNeill as chief financial officer (CFO), based in the company’s Atlanta headquarters. In his new job, McNeill will lead the company’s financial...
The mortgage banking industry has been reconfigured with merger and acquisition news involving two pairs of prominent originators. American Pacific Mortgage (APM) and Synergy One Lending announced a merger that the companies said would expand their national presence...
Homeowners tapped equity during the first three months of the year at the highest first-quarter levels since 2021, according to data from Intercontinental Exchange, Inc. (NYSE: ICE). The increase was primarily attributed to second-lien lending (54% of equity...
Vienna, Virginia-headquartered SolaREIT, a renewable energy real estate company focused on delivering financing solutions for solar and battery energy storage developers, has donated a 5-acre land parcel to the County of San Diego for the construction of Jacumba Fire...
The Miami-headquartered Lennar Corp. (NYSE: LEN, LEN.B) announced the promotions of Jim Parker to chief operating officer and David Grove to executive vice president of homebuilding. Parker and Grove most recently served as area presidents, leading Lennar’s East...
