Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused real estate investment trust, is rejected a renewed effort by UWM Holdings Corporation (NYSE: UWMC) to revive its canceled merger plans. In March, Two Harbors announced a merger agreement...
The delinquency rate for commercial mortgage-backed securities (CMBS) dipped by one basis point to 7.54% in April, according to data from Trepp Inc. One year ago, the rate was 7.03%. The five largest newly delinquent loans accounted for just over $1.26 billion of the...
The owners of a Portland real estate investment firm received prison sentences for coordinating a $17 million multi-year fraud scheme. According to court documents, Robert D. Christensen and Anthony M. Matric told individual investors that they would use their...
Scottsdale, Arizona-based HomeLight, a platform for real estate agents, lenders, and their clients, has rolled out EVA, an AI-powered escrow agent designed to automate the majority of tasks required to close a real estate transaction. According to the company, EVA...
The investment firm Embrace Real Estate and its affiliate 1823 Partners, an independent asset management firm, announced their acquisition of Ghirardelli Square, the historic waterfront landmark in San Francisco’s Fisherman’s Wharf district. Ghirardelli Square...
The New York City-based asset manager Blue Owl Capital Inc. (NYSE: OWL) announced that affiliates of Blue Owl Real Estate Capital LLC will acquire all outstanding shares of common stock of Sila Realty Trust Inc. (NYSE: SILA) for $30.38 per share in an all-cash...
