AB CarVal is putting $340 million of multifamily and build-to-rent construction debt onto its books, a transaction that offers another window into how private credit is moving into parts of real estate lending where traditional capital has become more selective. Funds...
Two Virginia community banks are combining in a roughly $253 million transaction that will create a $4.4 billion institution stretching from the Shenandoah Valley through Northern Virginia and into the Washington, D.C., metropolitan area. John Marshall Bancorp, the...
Land Gorilla, a construction loan management software provider, is now offering X-RAY, an AI-powered due diligence solution designed to protect construction lenders by with data-backed assessments of project feasibility, budget accuracy, contractual risk, and builder...
A Florida businessman was sentenced to 46 months in prison for defrauding clients in four states through loan agreements to finance construction projects and then causing more than $8 million in victim losses by misappropriating funds. David Ingram, 73, previously...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
