Equiton, a Canadian private real estate investment and asset management firm, is expanding into the US with the opening of its new office in Dallas. Located in the Trammell Crow Center in the heart of downtown Dallas, the office will serve as the headquarters for...
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 drama involving UWM Holdings Corporation’s (NYSE: UWMC) attempt to acquire Two Harbors Investment Corp. (NYSE: TWO) took a new twist as the Two Harbors issued a bold challenge to its persistent suitor. While the board of Two Harbors said it continued to urge...
A Georgia man was sentenced to four years in prison for scamming real estate investors on a phony Costa Rican property deal and defrauding college football fans seeking tickets for University of Georgia (UGA) games. According to the charges brought against him,...
Brandon “Dutch” Mendenhall, the co-founder of RAD Diversified REIT, has been indicted on one count of mail fraud for allegedly submitting false information during the purchase of his $1.6 million house. According to the indictment announced by the US...
The delinquency rate for commercial mortgage-backed securities (CMBS) inched up by one basis point to 7.55% in May, according to new data from Trepp Inc. One year ago, the CMBS delinquency rate was 7.08%. Five large loans accounted for $1.86 billion of the $4.04...
