David Messing, an executive with two affiliates of Hamilton Zanze, a San Francisco-based real estate investment company focused on the multifamily sector, passed away last week at the age of 56. Messing was managing partner of Graham Street Realty, which he joined in...
The mortgage market is heading into the Thanksgiving holiday weekend on the upswing, according to new data from the Mortgage Bankers Association (MBA) tracking the week ending Nov. 17. The Market Composite Index, the trade group’s measure of mortgage loan application...
In the wake of the ongoing legal controversy involving real estate agent commissions and the National Association of Realtors (NAR), a new survey by Clever Real Estate found many Americans were unaware of how agents get paid. In a nationwide poll of 1,000 adults,...
The volume of commercial mortgage-backed securities (CMBS) loans that are classified as delinquent spiked by 49.4% to $27.91 billion during the 10 months of this year, according to data from Trepp Inc. This volume represents 5.07% of the $601.98 billion universe...
JLL (NYSE:JLL) appointed Michael Colacino as president of its tri-state brokerage. Colacino will be based in Manhattan and report to Peter Riguardi, JLL’s chairman and president of the New York Region. He will also work in partnership with Stephen Schlegel, chief...
The volume of existing home sales declined by 4.1% from September to a seasonally adjusted annual rate of 3.79 million in October, according to new data from the National Association of Realtors (NAR). Year-over-year, sales plummeted by 14.6% from 4.44 million in...
Mortgage Rates Take a Mild Tumble
