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Robert Harper Named Interim CEO at BREIT

Robert Harper Named Interim CEO at BREIT

by Phil Hall | Aug 11, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Blackstone Real Estate Income Trust Inc. (BREIT) has appointed Robert Harper to serve as interim CEO, following the death of the company’s chief executive Wesley LePatner on July 28 in a shooting at her office building in Manhattan. Harper will continue to serve as...
Financial Services Software Provider MeridianLink Sold for $2 Billion

Financial Services Software Provider MeridianLink Sold for $2 Billion

by Phil Hall | Aug 11, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

MeridianLink Inc. (NYSE: MLNK), a provider of software platforms for financial institutions and consumer reporting agencies, is being acquired by Centerbridge Partners LP, a global investment firm, in a $2 billion transaction. Under the terms of the agreement,...
Trump Hints at Merged Fannie-Freddie with November Listing on NYSE

Trump Hints at Merged Fannie-Freddie with November Listing on NYSE

by Phil Hall | Aug 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Trump has provided a broad hint at his plans for privatizing Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). In a posting on Truth Social, the president posted an AI-generated photo showing him at the opening bell of the New York Stock Exchange, with...
Report: Cash-Out Refinances Fuels Most Refinancing Activity

Report: Cash-Out Refinances Fuels Most Refinancing Activity

by Phil Hall | Aug 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cash-out refinances accounted for 59% of all refinance transactions in the second quarter, according to new data published in Intercontinental Exchange’s (NYSE: ICE) August 2025 Mortgage Monitor report, which noted 70% of those borrowers accepted higher interest...
Cindy Konich to Retire as Chief Executive at FHLBank Indianapolis

Cindy Konich to Retire as Chief Executive at FHLBank Indianapolis

by Phil Hall | Aug 11, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) announced Cindy Konich is retiring as president and CEO, effective Sept. 30. Konich, 68, joined FHLBank Indianapolis in 1984 as cash manager, and during her career she served in a variety of roles,...
Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing

Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing

by Phil Hall | Aug 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

One year after putting his longtime home in New York’s Shelter Island on the market, comedian Louis CK is listing it again at a significant discount. Realtor.com reports the home is now being offer for $4.3 million, which is less than half of the $9.25 million...
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