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Rental Housing Groups Ask White House to Review Regulations Impacting Construction and Affordability

Rental Housing Groups Ask White House to Review Regulations Impacting Construction and Affordability

by Phil Hall | Mar 4, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) sent a letter to the Trump administration seeking a review of 32 federal programs, rules and regulations at 10 different agencies that may impede the creation of new rental...
J. Blake Sanderson to Lead First Internet Bank’s Commercial Real Estate Business

J. Blake Sanderson to Lead First Internet Bank’s Commercial Real Estate Business

by Phil Hall | Mar 4, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Fishers, Indiana-headquartered First Internet Bank has hired J. Blake Sanderson as first vice president of commercial real estate acquisition, development and construction. In his new role, Sanderson will work to further expand relationships and a portfolio currently...
$2 Billion Construction Loan Originated for Utah AI Data Center

$2 Billion Construction Loan Originated for Utah AI Data Center

by Phil Hall | Mar 4, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

One of the largest construction loans in recent years has been arranged for a 100-acre artificial intelligence (AI) data center in Utah. The Wall Street Journal reports JPMorgan Chase and Starwood Property Trust are lending $2 billion for the data center campus in...
Former RE/MAX Executive Larry Oberly Teams with Realty One Group on Global Franchise Expansion

Former RE/MAX Executive Larry Oberly Teams with Realty One Group on Global Franchise Expansion

by Phil Hall | Mar 4, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Realty One Group International has ratcheted up its plans for global expansion in a new partnership with real estate franchising expert Larry Oberly. Oberly has 34 years of direct franchising experience in real estate, quick service restaurants and printing services....
Union Home Mortgage Acquires Nations Reliable Lending

Union Home Mortgage Acquires Nations Reliable Lending

by Phil Hall | Mar 4, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Strongsville, Ohio-based Union Home Mortgage (UHM) has acquired Houston-headquartered Nations Reliable Lending, also known as NRL Mortgage. The financial terms of the deal were not disclosed. NRL Mortgage closed over $1 billion in lending in 2024 while UHM closed last...
Historic Connecticut Property Listed for $4.95 Million

Historic Connecticut Property Listed for $4.95 Million

by Phil Hall | Mar 4, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

One of Connecticut’s most iconic historic buildings has been listed for sale at $4.95 million. The 70,000-square-foot Waterbury Union Station building serves as the headquarters for the Republican-American newspaper. The Hartford Business Journal reports the listing...
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