A newspaper that fact checked a dubious real estate report, a female empowerment lesson that is better than “Barbie” and a wristwatch inspired by a legendary hotel. From the wild and woolly world of real estate, here are the hits and misses for this week....
Fasten your seat belts – Federal Reserve Chairman Jerome Powell isn’t done with rate hikes. In a speech this morning before an economic policy symposium in Jackson Hole, Wyoming, Powell insisted that the central bank’s goal of driving inflation down to 2% may require...
Tustin, California-based New American Funding has hired Andrew Strickman as chief marketing officer. In his new job, Strickman will oversee a team of more than 50 marketers across digital and performance, social media, content and storytelling, email, editorial,...
Zillow Home Loans is rolling out its 1% Down Payment program that will enable home buyers to pay as little as 1% down on their next home purchase, with the company contributing an additional 2% at closing. The program is initially being offered on properties located...
EQ Office, the U.S. office portfolio company of Blackstone (NYSE:BX), has hired Merredith Treaster as its senior vice president for Northern California. Treaster will be based in San Francisco and will be responsible for the company’s Northern California portfolio...
The delinquency rate among KBRA-rated U.S. commercial mortgage-backed securities (CMBS) during August reached 4.16%. August’s delinquency rate was a 23 basis point increase from July, which followed a 34 basis point spike from June. However, the total delinquent and...