The Capital Markets Group at JLL (NYSE:JLL) has secured the $395 million refinancing of 70 Pine St., a landmarked 66-story property in the heart of New York City’s Financial District. The property was built in 1932 as the offices of Cities Service Company (later known...
Paradatec Inc., a provider of artificial intelligence (AI)-based document analysis technology for the lending and real estate industries, announced the availability of a new analytics module designed to automatically compare system-of-record data from different...
A historic property in Cheshire, Connecticut, that was built during the colonial era will begin its next chapter as a credit union’s lending office. The Hartford Business Journal reported Sound Federal Credit Union of Norwalk, Connecticut, acquired the property for...
Real estate investors bought more than one-quarter (26.1%) of lower-priced homes sold in the fourth quarter of 2023, according to new research from Redfin (NASDAQ:RDFN). This marked a new record high and an increase from the 24% share recorded one year earlier. By...
San Diego-headquartered Guild Mortgage (NYSE: GHLD) has acquired the retail lending assets of Academy Mortgage Corp., a Utah-based lender. Academy generated $5.59 billion in loan originations in 2023, and its approximately 200 branches and more than 1,000 employees –...
Hollywood, Florida-based A&D Mortgage is taking advantage of the quadrennial occurrence of a 366th day with its “Leap into Savings” promotion for mortgage brokers. Beginning today running through Feb. 29, “Leap into Savings” promotion offers a 37.5...
Hits and Misses for the Real Estate Week of Aug. 10-14
