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Brookfield Returns NYC’s Historic Brill Building to Lender

Brookfield Returns NYC’s Historic Brill Building to Lender

by Phil Hall | Jul 18, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The owner of one of the most iconic commercial properties in the history of popular music has returned the property to a lender. According to a GlobeSt.com report, Brookfield Asset Management (NYSE:BN) has returned the deed for New York City’s Brill Building to Mack...
Canadian Housing Starts Up in June

Canadian Housing Starts Up in June

by Phil Hall | Jul 18, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian market recorded 234,974 housing starts in June, up from 229,520 units in May, according to new data from the Canada Mortgage and Housing Corp. (CMHC). CMHC’s measure is a six-month moving average of the monthly seasonally adjusted annual rate (SAAR) of...
New York Fed Study Finds Rising Level of Loan Application Rejections

New York Fed Study Finds Rising Level of Loan Application Rejections

by Phil Hall | Jul 18, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Americans are facing an increasing level of rejection on their loan applications, according to data released by the Federal Reserve Bank of New York. In the New York Fed’s latest Survey of Consumer Expectations, the overall rejection rate for credit applicants was...
Brennan Investment Group Taps Andrew Mazey as Nashville Region Vice President

Brennan Investment Group Taps Andrew Mazey as Nashville Region Vice President

by Phil Hall | Jul 18, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Brennan Investment Group, a Chicago-headquartered private real estate investment firm focused on U.S. industrial facilities, has hired Andrew Mazey as vice president for the Nashville region. In his new role, Mazey will be tasked with sourcing new investments,...
Peachtree Group Hires Jenelle Zadik as People and Culture Vice President

Peachtree Group Hires Jenelle Zadik as People and Culture Vice President

by Phil Hall | Jul 18, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Peachtree Group, the Atlanta-headquartered investment firm focused on commercial real estate assets, has hired Jenelle Zadik as people and culture vice president for its lodging subsidiary Peachtree Hospitality Management (PHM). In her new role, Zadik will be...
Angelo Mozilo, former Countrywide Financial CEO, Dies at 84

Angelo Mozilo, former Countrywide Financial CEO, Dies at 84

by Phil Hall | Jul 17, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Angelo Mozilo, the former chairman and chief executive of Countrywide Financial who received widespread criticism for his role in the subprime mortgage meltdown, died at the age of 84. “It is with great sadness that the family of Angelo Robert Mozilo announces his...
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