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Greystone Provides $19 Million in Bridge Financing for LA-Area Multifamily Property

Greystone Provides $19 Million in Bridge Financing for LA-Area Multifamily Property

by Phil Hall | Mar 12, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Greystone, a New York City-based commercial real estate finance company, has provided $19 million in bridge-to-agency financing for Tower Apartments, a 118-unit multifamily property in the Los Angeles suburb of Bellflower, California. Tower Apartments contains a...
Fannie Mae Upgrades Data Validation Capabilities in Desktop Underwriter

Fannie Mae Upgrades Data Validation Capabilities in Desktop Underwriter

by Phil Hall | Mar 6, 2024 | Current News & Events, Industry Updates, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fannie Mae (OTCQB:FNMA) announced new capabilities for its Desktop Underwriter (DU) system. Effective March 29, Fannie Mae single-family lenders can use a single 12-month asset verification report in the DU validation service to identify recurring deposits in the...
Paradatec Launches New Analytics Module for AI-Cloud Platform

Paradatec Launches New Analytics Module for AI-Cloud Platform

by Phil Hall | Feb 15, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

Paradatec Inc., a provider of artificial intelligence (AI)-based document analysis technology for the lending and real estate industries, announced the availability of a new analytics module designed to automatically compare system-of-record data from different...
BridgeCore Capital Announces New Middle Market Commercial Real Estate Loan Program

BridgeCore Capital Announces New Middle Market Commercial Real Estate Loan Program

by Phil Hall | Dec 6, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

BridgeCore Capital Inc. has created a new middle market commercial real estate loan program designed to serve as an alternative financing product to traditional LifeCo funding. According to the Beverly Hills, California-based company, the program provides borrowers a...
Nicole Bascomb-Green Named Head of Community Lending at Umpqua Bank

Nicole Bascomb-Green Named Head of Community Lending at Umpqua Bank

by Phil Hall | Sep 15, 2023 | Current News & Events, Real Estate News, WRE News Exclusive

Umpqua Bank, the Lake Oswego, Oregon-headquartered subsidiary of Columbia Banking System Inc. (NASDAQ: COLB), announced the appointment of Nicole Bascomb-Green as head of community lending. In her new job, Bascomb-Green will be responsible for the management of the...
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