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CFPB Drops 2022 Enforcement Action Against TransUnion

CFPB Drops 2022 Enforcement Action Against TransUnion

by Phil Hall | Mar 3, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has dropped its enforcement action against the consumer credit report provider TransUnion (NYSE: TRU). According to Reuters, the CFPB initiated its enforcement against TransUnion case in 2022, claiming longtime executive...
Bascom Group Acquires California Apartment Community for $127 Million

Bascom Group Acquires California Apartment Community for $127 Million

by Phil Hall | Mar 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Bascom Group LLC, a private equity firm, has acquired Highridge Apartments, a 257-unit apartment community in the coastal market of Ranchos Palos Verdes, California, for $127 million. Highridge Apartments is an institutionally owned, 1972-vintage property that has...
Bank7 Acquires First American Mortgage

Bank7 Acquires First American Mortgage

by Phil Hall | Mar 3, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Oklahoma City-headquartered Bank7 has acquired First American Mortgage Inc., a residential mortgage lender based in Yukon, Oklahoma. The financial aspects of the deal were not disclosed. First American Mortgage has operated since 1993 and facilitated over $3 billion...
Island Capital Group Hires Melissa Iorio as Executive Managing Director

Island Capital Group Hires Melissa Iorio as Executive Managing Director

by Phil Hall | Mar 3, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Island Capital Group LLC, a New York City-headquartered international real estate merchant bank, has recruited Melissa Iorio as an executive managing director. Iorio most recently served as head of investor relations at Cohen & Steers, where she helped build the...
Private Equity Firm Takes Ownership Stake in Keller Williams

Private Equity Firm Takes Ownership Stake in Keller Williams

by Phil Hall | Mar 3, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Keller Williams announced the Greenwich, Connecticut-based private equity firm Stone Point Capital, the parent company of CoreLogic, will take an ownership stake in the Austin-based company. As part of this transaction, Keller Williams CEO Mark Willis will step down...
Jonathan Waclawski Returns to NAR as General Counsel

Jonathan Waclawski Returns to NAR as General Counsel

by Phil Hall | Mar 3, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) has appointed Jonathan Waclawski as senior vice president and general counsel. Waclawski replaces Katie Johnson, who stepped down last October in the aftermath of the Sitzer/Burnett settlement. Waclawski previously worked at...
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