The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Vanderbilt Mortgage & Finance, claiming the company was “setting families up to fail when they borrowed money to buy a manufactured home.” Maryville, Tennessee-based Vanderbilt originates...
Chicago-headquartered LaSalle Investment Management has acquired Tempe Commerce Park, a five-building industrial complex totaling 536,122 square feet in Tempe, Arizona. The 36.79-acre property features 24-foot clear heights, dock-high and grade-level doors, and ample...
The Mortgage Bankers Association (MBA) promoted Jamie Woodwell to senior vice president of commercial/multifamily policy and strategic industry engagement. Woodwell joined MBA in 2004, and most recently served as vice president and head of commercial real estate...
The commercial real estate services and investment company CBRE Group Inc. (NYSE: CBRE) and the hedge fund Citadel LLC have signed significant office leases in historic Manhattan properties. CBRE announced it will establish a global financial headquarters at Lever...
The National Association of Realtors (NAR) has hired longtime real estate industry executive Sherry Chris as an independent consultant and special advisor to CEO Nykia Wright. In a statement, NAR said Chris “will provide strategic counsel on strengthening...
A new data report from Redfin (NASDAQ: RDFN) has determined housing affordability did not worsen in 2024, which marked the first time in four years that homebuyers enjoyed a slight break from accelerating prices. Redfin stated a household making the $83,782 median...
Hits and Misses for the Real Estate Week of April 27-May 1
