Real Estate News & Insights
Florida’s First Federal Bank Acquires NOLA Lending Group
First Federal anticipates retention of most NOLA Lending Group employees. Continue Reading Florida’s First Federal Bank Acquires NOLA Lending Group
QXO Receives $1.2 Billion Investment from Apollo to Fund Acquisitions
QXO stated that investment will fund at least one acquisition through July 15. Continue Reading QXO Receives $1.2 Billion Investment from Apollo to Fund Acquisitions
Berkshire Bank to Sell 10 Branches in Upstate New York
Berkshire’s overall branch footprint will be reduced from 96 to 86 locations. Continue Reading Berkshire Bank to Sell 10 Branches in Upstate New York
A Phil Hall Op-Ed: Is Climate Change to Blame for Florida’s Expensive Property Insurance?
“Florida had only 8% of U.S. property claims and 80% of the property litigation in the U.S.,” said Jeff Brandes, a former state senator. Continue Reading A Phil Hall Op-Ed: Is Climate Change to Blame for Florida’s Expensive Property Insurance?
Whole Foods Markets to Expand Urban Retail Presence
The new format, called Whole Foods Market Daily Shop, will be introduced later this year in New York City. Continue Reading Whole Foods Markets to Expand Urban Retail Presence
Toorak Capital Partners Completes First Rated Residential Transition Loan Securitization
The $240 million deal consisted of 370 RTLs that financed approximately 527 housing units. Continue Reading Toorak Capital Partners Completes First Rated Residential Transition Loan Securitization
Johnny Carson’s One-Time New York Home Listed for $5.3 Million
Carson bought the home in 1959 when he was hosting the game show “Who Do You Trust?
” Continue Reading Johnny Carson’s One-Time New York Home Listed for $5.3 Million
CMBS Delinquency Rate Inches Up to 4.71%
Last month’s uptick was mostly fueled by office sector delinquencies, which spiked by 33 basis points to 6.63%. Continue Reading CMBS Delinquency Rate Inches Up to 4.71%
Jay Olander Joins Capital Square as President and CFO
Olander also serves as chief financial officer and treasurer of Capital Square Apartment REIT Inc. Continue Reading Jay Olander Joins Capital Square as President and CFO
Two Ratings Agencies Slash Credit Grade for NYCB
NYCB’s stock plummeted on Friday by 26%, ending the week at $3.55 – a 65% year-over-year collapse of its stock price. Continue Reading Two Ratings Agencies Slash Credit Grade for NYCB
$37 Million Refinancing Secured for Texas Multifamily Property
The terms of the five-year loan include 6.23% interest only and a spread of 1.68%. Continue Reading $37 Million Refinancing Secured for Texas Multifamily Property
Morgan Clark to Lead Investor Relations at Basis Industrial
Clark previously led investor relations and fund management for Foundry Commercial’s development and investment platform. Continue Reading Morgan Clark to Lead Investor Relations at Basis Industrial
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