San Francisco Mayor London Breed has a solution for the glut of empty offices in her city: turn them into classrooms. The San Francisco Business Times reported the mayor has called on the University of California, the San Francisco Unified School District and City...
The University of Notre Dame has appointed Michael C. O’Malley as executive director of its Fitzgerald Institute for Real Estate (FIRE). A 1996 alumnus, O’Malley joins FIRE from Pennybacker Capital, a real estate private equity firm in Austin where he served as a...
Arrival Home Loans, a San Francisco-based bridge loan mortgage company for homeowners, announced the appointment of Simon Chen as its new president and CEO. Prior to joining the company, Chen was managing partner at August Hill, an advisory firm for startups, capital...
Atlanta-headquartered Angel Oak Companies has hired Timothy Saunders to serve as chief legal officer and general counsel for Angel Oak and its affiliates, Angel Oak Capital Advisors and Angel Oak Mortgage Solutions. In his new role, Saunders will be responsible for...
Hilco Real Estate Finance (HREF), a Northbrook, Illinois-based real estate bridge lender, is bringing its short-term property finance expertise to the U.K. market. According to the company, HREF will provide their U.K. clients with loans ranging from £1 million to £50...
Only 1% of all U.S. homes, or approximately 14 of every 1,000 residences, changed hands during the first half of 2023, according to data from Redfin (NASDAQ:RDFN). That’s down from 19 of every 1,000 during the same period of pre-pandemic 2019 and the lowest turnover...