Change of Leadership at Brixmor Property Group
Brixmor Property Group Inc. (NYSE: BRX), a real estate investment trust that owns and operates a national portfolio of open-air shopping centers, announced that Angela M. Aman will step down as the company’s president, chief financial officer and treasurer,...
NewStar Asset Management Launches Land Development Subsidiary
NewStar Asset Management, a real estate-focused alternative investment and asset management company based in Atlanta, has launched NewStar Equity Lot Finance, a subsidiary business focused on investments in residential land development in partnership with select...
New Chief Accounting Officer at MFA Financial
MFA Financial Inc. (NYSE: MFA), a specialty finance company that invests in residential mortgage loans, residential mortgage-backed securities and other real estate assets, has appointed Bryan Doran to the position of chief accounting officer. In his new role, Doran...
FCP Provides $22 Million in Preferred Equity for Two Multifamily Developments
The real estate investment firm FCP has invested $22 million in preferred equity to finance two multifamily transactions in the Southeast. FCP is funding the development of Arris NoDa, a 276-unit, four-story, garden-style property in Charlotte, North Carolina, with...
PREIT Files for Chapter 11 Bankruptcy for Second Time in Three Years
PREIT (OTCQB:PRET), a Philadelphia-headquartered operator of shopping centers in the mid-Atlantic region, has filed for Chapter 11 bankruptcy for the second time in three years. The company announced it is carrying approximately $880 million in total indebtedness and...
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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/
