Better Home & Finance Holding Company (NASDAQ: BETR) announced that Hugh Frater, a founding partner and former managing director of BlackRock (NYSE: BLK) and former CEO of Fannie Mae (OTCQB: FNMA), has been appointed to its board of directors. Prior to leading...
BlackRock Inc. (NYSE: BLK) announced it is acquiring ElmTree Funds, a St. Louis-based net-lease real estate investment firm with $7.3 billion in total assets under management. The financial details of the acquisition were not disclosed. Founded in 2011, ElmTree has...
The PNC Financial Services Group Inc. (NYSE: PNC) announced the appointment of Mark Wiedman as president of the corporation and its wholly owned banking subsidiary, PNC Bank. Wiedman comes to PNC from BlackRock (NYSE: BLK), where he worked for the past two decades and...
A new focus on affordable housing development, a delay in a key confirmation, and an unhappy Chinese leader. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 17-21. Hit: A New Approach to Affordable Housing. This week,...
A real estate agent gets slammed for insulting a waiter, another agent seeks to oust Los Angeles’ mayor, and a huge hole that needs to be filled. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 3-7. Miss: Comeuppance...