Berkshire Hathaway Vice Chairman Charlie Munger is raising multiple red flags over the state of U.S. banking, warning that financial institutions are “full of” what he said claimed are “bad loans” from the commercial real estate sector. In an interview this weekend...
A surplus of empty office space could be transitioned to help address a deficit of available housing in 14 major North American markets, according to a new data report from Avison Young. Looking at more than 26,000 buildings, Avison Young determined...
Franchising is commonplace in the lodging, retail and restaurant sectors, and a New York City-based company is expanding the franchise concept to multifamily housing. Vessel Technologies said it has launched the multifamily housing industry’s first franchising...
A U.K.-based digital platform is offering investors a new opportunity to become involved in Africa’s real estate market. Firmseed is providing a blockchain-based environment for fractional real estate investing, which allows individuals to own a portion of a property...
Go Mortgage, a Columbus, Ohio-based mortgage lending company, has hired Jessica Manna as its chief marketing officer. Manna has more thn 20 years of experience in mortgage marketing and branding. She most recently served as president of digital strategy and innovation...
The ailing First Republic Bank (NYSE:FRC) of San Francisco was seized in the early hours of this morning by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. This is the...
