Cenlar FSB, a Ewing, New Jersey-based mortgage loan subservicer, has named David Schneider as the company’s president. Schneider joined the company earlier this year as chief financial officer. Before coming to Cenlar, he was the president of CitiMortgage, president...
One of the most prominent thought leaders in the mortgage and real estate sectors has faulted the Biden White House for a “significant leadership void” on the subject of housing. David H. Stevens, the former president and CEO of the Mortgage Bankers Association,...
The Biden administration is supporting the conversion of vacant commercial properties into residential housing, although it declined to allocate any new funds for this endeavor. “The actions announced today build upon the initiatives in the White House Housing Supply...
CBRE Group Inc. (NYSE:CBRE) announced the investment banking team from Sera Global, a global independent real assets advisor, has joined the company. The Sera team has offices worldwide – including New York City, London, Los Angeles, Toronto, Boston, Frankfurt,...
Realty Income Corp. (NYSE: O) has announced it will acquire Spirit Realty Capital Inc. (NYSE: SRC) in an all-stock transaction valued at approximately $9.3 billion. Realty Income is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. The...
A September of home sales, overseas central banks pausing their rate hikes and Jamie Dimon’s decision to sell his JPMorgan shares. From the wild and wooly world of real estate, here are the hits and misses for the week of Oct. 23-27. Hit: Score One for Resiliency....
Hits and Misses for the Real Estate Week of June 29-July 3
