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Carlyle to Provide $1 Billion for North Bridge’s C-PACE Lending

Carlyle to Provide $1 Billion for North Bridge’s C-PACE Lending

by Phil Hall | Sep 16, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The global investment firm Carlyle (NASDAQ: CG) has made a strategic investment into North Bridge ESG LLC, a provider of real estate finance solutions, and also announced it will provide up to $1 billion to facilitate the origination of commercial property assessed...
Hits and Misses for the Real Estate Week of Sept. 9-13

Hits and Misses for the Real Estate Week of Sept. 9-13

by Phil Hall | Sep 13, 2024 | Hits and Misses, International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A near-silence on housing in the presidential debate, newly listed homes with sketchy histories and the sad demise of a funnyman’s restaurant chain. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 9-13. Miss: An...
American Real Estate Association Offers Update on Launch

American Real Estate Association Offers Update on Launch

by Phil Hall | Sep 13, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The start-up American Real Estate Association (AREA) has provided an update on its activities. According to an email from co-founders Jason Haber and Mauricio Umansky, the organization now has members in 43 states, although it did not provide a number for how many...
Unregistered Mortgage Broker Fined $33,000 by British Columbia Regulator

Unregistered Mortgage Broker Fined $33,000 by British Columbia Regulator

by Phil Hall | Sep 13, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The British Columbia Financial Services Authority (BCFSA) has ordered Charles Funaro and his companies 0643025 B.C. Ltd. and CAD Investments Ltd. to pay a joint administrative penalty of $30,000 for conducting business as a mortgage broker or submortgage broker...
Portugal Allocates $2.2 Billion to Build 33,000 Homes by 2030

Portugal Allocates $2.2 Billion to Build 33,000 Homes by 2030

by Phil Hall | Sep 13, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The government of Portugal is addressing a nationwide housing shortage by allocating $2.2 billion to construct approximately 33,000 homes by 2030. According a Reuters report, Portugal’s Infrastructure Minister Miguel Pinto Luz said 10,000 of the new homes will have...
NAR Warns Members Against Fake Web Domain Email Offers

NAR Warns Members Against Fake Web Domain Email Offers

by Phil Hall | Sep 13, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) has reported that many of its members were receiving deceptive emails that falsely claimed to offer web domains with the .realestate address. NAR said the messaging was not originating from its office, but instead were coming...
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