New Effort Seeks to Redirect Chicago Mayor’s $300 Million Property Tax Hike
Chicago Mayor Brandon Johnson’s proposed $300 million property tax increase to shrink the city’s $1 billion budget deficit is likely to be redirected with new revenues from other taxes and fees. The Chicago Sun-Times reported 22 of the 50-member Chicago City Council...
Todd Meredith Steps Down as Healthcare Realty Trust’s Chief Executive
Nashville-headquartered Healthcare Realty Trust Inc. (NYSE: HR) announced that Todd Meredith will step down as president and CEO and as a member of the board of directors, effective immediately. No reason was given for Meredith’s departure. Board Chairman Knox...
Achieve Expands HELOC Program Parameters
The digital personal finance Achieve announced the expansion of its home equity line of credit (HELOC) program to allow for loan amounts of up to $300,000 and new repayment terms of 20 and 30 years. Achieve’s HELOCs will continue to feature fixed interest rates,...
UK’s Curzon Cinema Chain Sold in Foreclosure Auction
Fortress Investment Group LLC, a global investment manager, has acquired the UK’s Curzon cinema chain. The company operates 16 cinemas and 46 total screens, along with the film distributor Curzon Film and the Curzon Home Cinema streaming service. The financial terms...
Daniel Wallace Named Chief Operating Officer at Maxex
Maxex, an Atlanta-headquartered digital mortgage exchange designed to enable buying and selling residential loans through a single clearinghouse, announced the hiring of Daniel Wallace as chief operating officer. Wallace previously served as CEO of Haven Servicing, a...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
