BlackRock in New Pact to Expand Saudi Arabian Real Estate Finance Market
The global asset manager BlackRock (NYSE: BLK) has signed a memorandum of understanding with the Saudi Real Estate Refinance Company (SRC), a company within the Saudi government-owned Public Investment Fund, to further develop the kingdom’s real estate finance market....
Blake Johnson to Become CFO at Granite Point Mortgage Trust
New York City-based Granite Point Mortgage Trust Inc. (NYSE: GPMT) has named Blake Johnson as its next chief financial officer (CFO), effective Dec. 1. Johnson will join the company no later than Oct. 28 as deputy CFO before assuming the CFO role. He will succeed...
Cushman & Wakefield Hires Miles Treaster as Head of Capital Markets
Cushman & Wakefield (NYSE: CWK) has hired Miles Treaster as president of capital markets, Americas. In his new job, Treaster will oversee the operations of the capital markets group, with a focus on strengthening its platform and driving scalable growth through...
Wesley LePatner Promoted to CEO of Blackstone Real Estate Income Trust
Blackstone Real Estate Income Trust Inc. (BREIT) announced the promotion of Chief Operating Officer Wesley LePatner to CEO, effective Jan. 1, 2025. LePatner succeeds Frank Cohen, who is retiring as chief executive at the end of the year and will remain with the...
ElmTree Funds Debuts Early Investor Incentive Program
ElmTree Funds, the St. Louis-based private equity real estate firm focused on the commercial real estate net-lease sector, has unveiled an early investor incentive program designed to benefit early investors in the firm’s recently launched ElmTree Industrial Trust, a...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
