Atlanta-headquartered Angel Oak Capital Advisors LLC has named Namit Sinha as chief investment officer (CIO), effective on March 31. Sinha has served as CIO of the firm’s private strategies division since February 2020. He joined Angel Oak in 2018 as head of mortgage...
Real estate investor and social media personality Grant Cardone has filed a $100 million defamation lawsuit against former T-Mobile CEO John Legere for calling him a “con man” and a “bulls**t artist.” According to a New York Post report, Cardone filed a lawsuit in...
The Toronto-based proptech Requity Homes announced the closing of $26 million in equity and debt financing. Requity Homes offers Canadians a rent-to-own program that enables them to rent their residence while being able to save money the option to purchase at a...
UC Asset LP (OTCQB: UCASU), an Atlanta-based real estate investment firm, has filed with the U.S. Securities and Exchange Commission to launch a stock buyback program. In a Form 1-U filed by the company, the company stated, “On Jan. 10, 2024, the general partner of...
COPT Defense Properties (NYSE: CDP), a Columbia, Maryland-based self-managed real estate investment trust (REIT) focused on properties in locations near or containing U.S. government defense installations and missions, has announced the election of Robert L. Denton...
Trepp Inc. announced that its commercial mortgage-backed securities (CMBS) delinquency rate ended 2023 at 4.51%. December’s rate was a seven basis points decline for the month. At the end of 2022, the CMBS delinquency rate was 3.04%, a 147 basis points difference. For...
