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Mortgage Application Activity Declines by 7.2%

Mortgage Application Activity Declines by 7.2%

by Phil Hall | Jan 31, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications activity took a downturn in the latest data report from the Mortgage Bankers Association (MBA) for the week ending Jan. 26. The Market Composite Index was down by 7.2% on a seasonally adjusted basis from one week earlier, although the unadjusted...
Aubrey Gilmore Promoted to President of Rutledge Claims Management

Aubrey Gilmore Promoted to President of Rutledge Claims Management

by Phil Hall | Jan 31, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Rutledge Claims Management Inc. (RCM), a San Diego-headquartered provider of hazard insurance claims management for the mortgage industry, promoted Aubrey Gilmore from chief operations officer to president. In her new role, Gilmore will oversee RCM’s core services and...
Gemma Burgess Joins Russell Reynolds Associates’ Global Real Estate Practice

Gemma Burgess Joins Russell Reynolds Associates’ Global Real Estate Practice

by Phil Hall | Jan 31, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Chicago-headquartered global leadership advisory firm Russell Reynolds Associates (RRA) has hired Gemma Burgess as a managing director to join Deb Barbanel as co-lead of the global real estate practice. Burgess most recently served as CEO and vice chairman at...
Sagard Real Estate Acquires IOS Facility in Tennessee

Sagard Real Estate Acquires IOS Facility in Tennessee

by Phil Hall | Jan 31, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Sagard Real Estate, formerly known as EverWest Real Estate Investors, has acquired a strategic industrial outdoor storage (IOS) facility located Mt. Juliet, Tennessee. The site is located in Wilson County, an industrial submarket in Nashville, and is located less than...
Outbound Migration from the Bay Area Down 13% Year-Over-Year

Outbound Migration from the Bay Area Down 13% Year-Over-Year

by Phil Hall | Jan 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Bay Area recorded a net outflow of 26,000 homebuyers in the fourth quarter of 2023, down 13% from one year earlier, according to a new data report from Redfin (NASDAQ:RDFN). An analysis of home search activity on Redfin.com determined the flow of homebuyers...
Pinnacle Financial Partners Secures Naming Rights to Nashville Yards Music Venue

Pinnacle Financial Partners Secures Naming Rights to Nashville Yards Music Venue

by Phil Hall | Jan 30, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Nashville-headquartered bank Pinnacle Financial Partners has signed an agreement with Southwest Value Partners and AEG, joint venture partners and co-developers of the Nashville Yards mixed-use district, for the exclusive naming rights on the project’s...
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