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, 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...
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...
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 (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...
New legislation introduced by Democrats in both chambers of Congress seeks to prevent hedge funds from purchasing single-family homes. The End Hedge Fund Control of American Homes Act of 2023 was presented in the House by Rep. Adam Smith (D-WA) and in the Senate by...
