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Alliant Credit Union Launches Small Balance Commercial Real Estate Lending Platform

Alliant Credit Union Launches Small Balance Commercial Real Estate Lending Platform

by Phil Hall | May 17, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Chicago-headquartered Alliant Credit Union has rolled out SBL Edge, a lending platform designed for small balance commercial real estate borrowers in the multifamily, manufactured housing and self-storage sectors. According to Alliant, owners of stabilized properties...
FHFA Seeks Input on Future Mission for FHLBank System

FHFA Seeks Input on Future Mission for FHLBank System

by Phil Hall | May 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) has issued a Request for Input (RFI) regarding the mission of the Federal Home Loan Bank (FHLBank) System. According to the regulator, the RFI is seeking public comments in three categories of questions: Updating the...
Convicted Sex Offender Reportedly Harassing Female Real Estate Agents in Ohio

Convicted Sex Offender Reportedly Harassing Female Real Estate Agents in Ohio

by Phil Hall | May 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A convicted sex offender with obsession for female real estate agents is reportedly creating a new wave of harassment in Northeast Ohio. According to combined media reports, a female agent conducting an open house in Sagamore Hills, Ohio, was approached by a man who...
Mortgage Rates Down Slightly, Though Still Elevated

Mortgage Rates Down Slightly, Though Still Elevated

by Phil Hall | May 16, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates registered a decline in the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.02% as of May 16, down from last week when it averaged 7.09%. A year ago at this time, it averaged 6.39%. The...
Rosalyn Merrick Named Chief Executive at Atlanta Habitat for Humanity

Rosalyn Merrick Named Chief Executive at Atlanta Habitat for Humanity

by Phil Hall | May 16, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Atlanta Habitat for Humanity has appointed Rosalyn Merrick as president and CEO. Merrick joined the organization as chief development officer in November 2020. Earlier in her career, she was director of strategic engagement for the Georgia Community Foundation Inc....
CBRE Predicts Lodging Sector RevPAR Growth Improvement in H2 2024

CBRE Predicts Lodging Sector RevPAR Growth Improvement in H2 2024

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

CBRE (NYSE: CBRE) is predicting an improvement in revenue per available room (RevPAR) growth during the second half of 2024, following a weaker-than-expected first quarter. The company’s latest forecast projects a 2.0% increase in RevPAR growth for 2024, down from the...
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